Government Update

The Indian Minister for Shipping Nitin Gadkari addressing at the foundation stone laying ceremony of the International Ship Repair Facility of Cochin Ship Yard Limited, at Cochin, Kerala on November 17, 2017. Photo: PIB

International Ship Repair Facility at Cochin Shipyard

 The Minister of Shipping in India,  Nitin Gadkari has said that Cochin is all set to become a global ship repair hub.    He was speaking at Cochin, after laying the  foundation stone for a INR 970-crore

Photo: Port of Long Beach

POLB Receives EPA Grant to Cut Pollution

The Port of Long Beach has been awarded $2.4 million from the U.S. Environmental Protection Agency to help Stevedoring Services of America (SSA), Foss Maritime and Curtin Maritime replace equipment with zero-emission or cleanest-available equipment.

m/v Naias. Photo: Diana Shipping Inc.

Diana Shipping Time Charter for Naias With Phaethon

 Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG,

(Photo: Port of Long Beach)

Long Beach Secures $2.4 Mln for Cleaner Cranes, Tugs

The U.S. Environmental Protection Agency (EPA) has awarded $2.4 million to the Port of Long Beach to help replace several existing cranes and tugboats with new zero-emission or cleanest-available equipment.

The CMA-CGM Ben Franklin, an 18,000 TEU containership, was, in 2015, the largest vessel to call on a U.S. port.) (Photo: Marad)

Managing the New Panamax Containerships

The explosive growth of international boxships is challenging not only the physical infrastructure of North American ports, but also the very nature of the existing supply chains that they impact.    The

(© Marco 2811 / Adobe Stock)

Hong Kong Follows US FMC Lead on Liner Sharing Data

In August 2017, Hong Kong’s Competition Commission refused to grant a block exemption to the Hong Kong Liner Shipping Association’s application for their companies to exchange market information, citing ‘competitive concerns.

© Evren Kalinbacak / Adobe Stock

Turkey, Iraq Discuss Resuming Kirkuk Oil Exports

A Turkish energy delegation has met with Iraqi top oil officials in Baghdad to discuss issues including the resumption of Kirkuk oil exports via the Turkish port of Ceyhan, Iraq's oil ministry said in a statement on Thursday.

C-Worker 7. Photo: ASV Global

UK Ship Register Signs its First Unmanned Vessel

 The UK Ship Register has signed its first ever unmanned vessel to the flag, showing how it is adapting to the changes of the maritime industry.    ASV’s C-Worker 7 will be used for work such as subsea positioning,

Rolf Habben Jansen, CEO. Photo: Hapag-Lloyd AG

Hapag-Lloyd Reports Better Results for Q3 2017

 Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost

Photo: Vard Holdings Ltd

Fincantieri to Delist Vard

 Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST).   Fincantieri, which holds a 79.

Photo: DNV GL

DNV GL, Chrysaor Pact for North Sea Operations

 DNV GL has secured a combined engineering services agreement with Chrysaor Holdings Ltd. to deliver a unique range of services to the company in support of its North Sea Operations.   Chrysaor recently