Anaklia Deep Sea Port Construction Contract Awarded

Contract Awarded for Construction of Anaklia Deep Sea Port

The Anaklia Development Consortium LLC has been awarded the USD 2.5 billion contract to build and develop a deep ...

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CMA CGM Brings More Capacity to French West Indies

Image Courtesy: CMA CGM

French container shipping company CMA CGM decided to upgrade its service to the French West Indies by increasing ...

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GALLERY: CSCL Indian Ocean Still Stuck

Image Courtesy: CCME

The dredging activities at the site of the grounded CSCL Indian Ocean started yesterday afternoon as the ...

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Dutch MPs Urged to Approve Armed Guards onboard Ships

Armed-Security-Teams-

UK-based global trade union Nautilus International has joined the Royal Association of Dutch Shipowners and 14 ...

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NAT Experiences Strongest Year Ever

Image Courtesy: NAT

In the fourth quarter of 2015 Nordic American Tankers (NAT) profited from a strong tanker market which pushed the ...

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Majestic Princess Hits the Water

Image Courtesy: Fincantieri

The third Royal Princess class vessel built for the California-based cruise operator Princess Cruises, a brand of ...

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Iran Launches New Direct Shipping Line to Oman

Image Courtesy: IRISL

Iran has launched yet another shipping line, this time with its neighboring Oman. The country has been very busy ...

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AMSA Ousts Indonesian Ship from Australian Ports

Noah Satu, formerly BBC Aramis; Image Courtesy: Hamburg Hafen

The Australian Maritime Safety Authority (AMSA) has banned the 86-metre general cargo ship Noah Satu from entering ...

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VIDEO: Testing Begins on Panama Canal's Water-Saving Basins

Image Courtesy: ACP

The first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order ...

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European and UAE Terminals Boost DP World’s Volumes

Image Courtesy: DP World

Dubai-based port operator DP World Limited handled 61.7 million TEU across its global portfolio of container ...

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TIL Posts Record Earnings in Q4

Image Courtesy: TIL

Oslo-listed Tanker Investments Ltd. posted record earnings in the fourth quarter of 2015, the company said in ...

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Crowley Christens 2nd LNG-Ready Product Tanker

Image Courtesy: Crowley

Jacksonville-based Crowley Maritime Corp. christened the second of four new, Jones Act product tankers on February ...

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Diana Finds Work for Three Bulkers

Image Courtesy: Diana Shipping

Greek dry bulk shipping company Diana Shipping has entered into two new charter agreements for two Capesize dry ...

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Readers’ Picks of the Week (1st – 5th Feb, 2016)

Readers’-Picks

Gallery: SMIT Salvage Team Boards Modern Express, Attaches Tow Line The four-member salvage team of SMIT Salvage ...

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Maritime Industry on Alert amid Zika Outbreak

Image Courtesy: Pref. Pereira Barreto / SP

Due to the outbreak of the Zika virus, the maritime industry is on standby for any symptoms of the virus ...

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VIDEO: LA Port Well Ahead of Emission Targets

Image Courtesy: LA Port/Youtube

Despite reports on the Port of Los Angeles’ failure to meet pollution-reduction measures, the port’s ...

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Baltic Dry Index Down in the Dumps

Image Courtesy: Pilbara Ports Authority

The Baltic Dry Index has fell below 300 points, plunging to a new low of 298 points on Thursday, February 4. The ...

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Moody's: MOL's Outlook Changed to Negative

Image Courtesy: Hamburg Hafen

Moody’s Japan K.K. has affirmed the Ba1 corporate family rating of Mitsui O.S.K. Lines, Ltd. (MOL) but it has ...

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Oil Removal from Grounded CSCL Indian Ocean Starts

Image Courtesy: Youtube

Authorities started pumping oil from the grounded containership CSCL Indian Ocean on the Elbe River in an attempt ...

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Gallery: Maersk Connector Ready for Subsea Ops

Image Courtesy: DAMEN

The DP2 cable installation vessel Maersk Connector, built at Damen Shipyards Galati in Romania, was handed over to ...

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Offshore Slump Keeps HHI in the Red

Image Courtesy: HHI

South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, racked up KRW 1.36 trillion ...

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Sill Reinforcements in New Panama Canal Locks Completed

Image Courtesy: ACP

The sill reinforcements in the new locks of the Panama Canal have been completed this week, bringing the Panama ...

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VIDEO: Modern Express Finds Safe Haven in Bilbao

Image Courtesy: Spanish Maritime Safety Agency

The ill-fated car carrier Modern Express, which has been drifting in rough seas for over a week, safely arrived at ...

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Arctic Liner Shipping to Become Viable around 2040

Image Courtesy: Gazprom

The likelihood of the Northern Sea Route (NSR) to replace the Suez Canal in the transportation of the containerized ...

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Police Remove Aussie Crew from CSL Melbourne

Image Courtesy: MUA

After several days of refusing to sail the ship to Singapore, the Aussie crew of the CSL Melbourne bulk carrier ...

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MISC Berhad Sees Strong Returns

Image Courtesy: MISC Berhad

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase ...

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FSL Trust Forced to Sell Boxship Duo

Image Courtesy: FLS Trust

FSL Trust Management Pte, the trusteemanager of First Ship Lease Trust, has sold two containerships for USD 10.8 ...

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