Nippon Foundation to Set Aside USD 100 Million for WMU

Nippon Foundation to Set Aside USD 100 Million for World Maritime University

Japan’s Nippon Foundation plans to set up a special endowment fund worth USD 100 million to support Swedish ...

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Update: Iranian Aid Ship Reaches Djibouti

Iranian Aid Ship Reaches Djibouti

The Iranian cargo ship carrying aid to Yemen Iran Shahed has arrived in Djibouti, the Associated Press reported ...

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Höegh LNG to Speed Up Investment in New FSRUs

Höegh LNG to Speed Up Investment in New FSRUs

Owner and operator of floating LNG terminals Höegh LNG plans to tap further into the rising market potential of the ...

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No Sign of 14 Barge Crewmen Missing off Singapore

No Sign of 14 Sand-Barge Crewmen Missing off Singapore

There is still no trace of 14 people that have been missing since their sand-carrier barge capsized in Singapore ...

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LPG Coaster Shipping to Remain Weak in 2015

LPG Coaster Shipping to Remain Weak in 2015

Oversupply of vessels in the LPG coaster shipping market continue pushing rates below pre-financial crisis levels, ...

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First Nations Shocked By Pacific NorthWest LNG Agreements

BC First Nations Shocked By Pacific NorthWest LNG Agreements

The leadership of Treaty 8 First Nations says it is astounded by the Province of British Columbia’s ...

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Growing Trade and Mega Ships Top Euro Ports Concern List

Growing Trade and Mega Ships Top Euro Ports Concern List

Growing and clustered traffic volumes, larger ships and the cost of subsequent adaptation of port and ...

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SCPA Eyes Seven-Figure Annual Box Volume

SCPA Eyes Seven-Figure Annual Box Volume

The US east coast port operator South Carolina Ports Authority (SCPA) has handled nearly 15 percent more pier ...

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Higher Turnover for Dutch Maritime Technology Sector

Higher Turnover for Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year, posting a 17% increase in turnover, from € 6.4 billion ( ...

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DP World Brisbane Orders Two Kalmar Auto Stacking Cranes

DP World Brisbane Orders Two Kalmar Auto Stacking Cranes

Dubai-based port operator DP World has ordered two new Kalmar automatic stacking cranes (ASCs) for its ...

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Migrants Might Pose Risk to Unguarded Merchant Ships

Migrants Might Pose Risk to Unguarded Merchant Ships

Only those commercial ships operating with security personnel onboard should assist in rescuing seaborne refugees, ...

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Ridgebury Crude Eyes Tanker Duo

ridgeburytankers.com RIDGEBURY-CINDY-A

Oslo-listed Ridgebury Crude Tankers LLC has set sights on adding more capacity to its tanker fleet by buying two ...

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Cosco, CSDC Form Dry Bulk JV

Cosco, CSDC Form Dry Bulk JV1

China Cosco Holdings and China Shipping Development Co (CSDC) have agreed to establish a joint venture company in ...

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Maersk Line Plans 60 Percent Cut in CO2 Footprint by 2020

Maersk Line Plans 60 Percent CO2 Footprint Cut by 2020

World’s largest ocean container carrier Maersk Line plans to reduce CO2 emissions per container moved by 60% ...

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Carriers More Reliable in April

Carriers More Reliable in April

Container service reliability reached a data-series high in April with the aggregate on-time performance for the ...

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British Columbia Opens Door to USD 36 Billion LNG Facility

British Columbia Opens Door to USD 36 Billion LNG Facility

The government of British Columbia and a consortium of companies led by Malaysia’s Petroliam Nasional Bhd ...

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Ethiopia to Use Port Sudan as Oil Imports Hub

Ethiopia to Use Port Sudan as Oil Imports Hub

Ethiopia and Sudan have penned a deal that will pave the way for using Port Sudan for transporting oil to ...

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Pangaea Snares USD 135 Million COA

Pangaea Snares 5-Year COA

Newport-based dry bulk shipping and logistics provider Pangaea Logistics Solutions has entered into a three to ...

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Iran Caves In to Inspection of Its Yemen Bound Aid Ship

Iran Caves In to Inspection of Its Yemen Bound Aid Ship

Iran’s cargo ship, said to be carrying humanitarian aid to Yemen, will be inspected after all as the ship ...

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PMA Ratifies Five-Year Contract with ILWU

PMA Ratifies Five-Year Contract with ILWU

The members of the US Pacific Maritime Association (PMA) have voted to ratify a new five-year contract with the ...

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ZIM Steams Back to Profit

ZIM Steams Back to Profit

Israeli shipping company ZIM posted a sharp improvement in its business results for the first quarter of 2015 ...

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Fourteen Missing after Barge Capsizes in Singapore Waters

Fourteen Missing after Barge Capsizes in Singapore Waters

Fourteen people are missing after a sand-carrier barge capsized off Singapore yesterday, the Maritime and Port ...

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ITF Raps Australian Coastal Trading Act Reforms

ITF Chides Australian Cabotage Act Reforms

The International Transport Workers’ Federation (ITF) has criticised moves by the Australian government to ...

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MOL Sells Propeller Boss Cap Fins No. 3,000

MOL Notches Order No. 3,000 for Propeller Boss Cap Fins

Japan’s Mitsui O.S.K. Lines (MOL) and its marine equipment trading company MOL Techno-Trade have accrued ...

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APL Bolsters America Links

APL Bolsters America Links

Container carrier APL, a wholly owned subsidiary of Singapore-based Neptune Orient Lines, is introducing a new ...

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VIDEO: Teekay’s Arendal Spirit Arrives to Rio

TEEKAY1

Teekay’s first unit for maintenance and safety (UMS), Arendal Spirit, arrived to Rio de Janeiro, Brazil on May 2nd ...

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Golar LNG Charters Out 6 Carriers to Trafigura

Golar LNG Charters Out 6 Carriers to Trafigura

Norwegian liquefied natural gas (LNG) transporter Golar LNG has reportedly chartered out six of its LNG carriers on ...

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