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  • 21 March 2008

    The pilot of the container ship Cosco Busan that crashed into a bumper of the Bay Bridge and spilled approximately 58,000 gallons of oil into the San Francisco Bay in November has been charged with criminal negligence and violating environmental laws, reports the New York Times. Under the Clean Water Act, as amended by the […]

  • 3 August 2011

    With two established players, Ananda and Western Marine, partly booked for the next two years, the buyers are looking for potential new makers who are capable of doing the job in time and in budget prices. “Bangladesh shipbuilders haven’t seen such a huge attention from global ship owners before,” said C.F Zaman, ex-chief of German-based […]

  • 25 December 2012
    Business & Finance

    ADPC will welcome global ports, key industry players and members of the International Association of Ports and Harbours (IAPH) who will attend the third annual edition of the World Ports and Trade Summit to be held Abu Dhabi from 19-20 March 2013. The Summit, spearheaded by ADPC, brings the industry together to discuss the changing […]

  • 5 October 2012

    Malaysia has what it takes to emerge as a global player in the shipbuilding/ship repairing (SBSR) industry, given its features, advantages and competencies. The industry is a key contributor to the nation’s economy, generating RM7.05 bil. of revenues in 2011 and employing 20,000 people. Ten projects approved in Malaysia related to shipbuilding, ship repairing and […]

  • 24 March 2015

    Australia’s LNG player Woodside said it is cutting 300 jobs and will freeze all salaries in response to falling oil prices. “Woodside has completed a business review to address the impact of the downturn in the commodities market. The outcome is that about 300 roles will be made redundant,” Australia’s most experienced LNG operator said in a […]

  • 24 December 2009

    Bolloré Africa Logistics, a unit of Bollore SA, may sign an agreement to manage the port of Berbera and oversee $700 million of upgrades to the facility in Somalia’s breakaway northern Somaliland region, Abdillahi Duale, the foreign minister, said.

  • 24 March 2015

    Australia’s LNG player Woodside said it is cutting 300 jobs and will freeze all salaries in response to falling oil prices. “Woodside has completed a business review to address the impact of the downturn in the commodities market. The outcome is that about 300 roles will be made redundant,” Australia’s most experienced LNG operator said in a […]

  • 26 January 2016

    “It is almost like winning the lottery,” Meewind Director Willem Smelik says when reflecting on how a group of small investors have managed to participate in three major offshore wind farm projects. “We are now investing in a third wind farm ‘Nobelwind’ and raising funding of €25 million a year!” Meewind is an umbrella investment […]

  • 5 February 2006

    In recent years the country

  • 29 August 2013

    At a European conference in Zagreb, held right after Croatia acceded to the European Union, Croatia expressed a positive view on the future development of the maritime sector. According to Croatia’s shipbuilders association, the future lies in structural restructuring, orientation to smaller specific market niches, innovation and new technologies. Director Ruđer Friganović: ‘On the eve of […]

  • 18 June 2015
    Research & Development

    Plunging oil prices are moving oil companies to cut spending on exploration activity, presenting a major challenge for seismic companies globally as the most volatile and cyclical segment of the oilfield services industry, says Moody’s Investors Service in a new report published today. “We do not expect a significant recovery for seismic companies in the […]

  • 27 October 2014

    LNG player Cheniere Energy declared a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of November 3, and the related distribution to its general partner. All of these distributions are payable on November 14, 2014, the company said in a statement. Cheniere is a Delaware limited partnership that owns […]

  • 24 September 2014
    Business & Finance

    Tanker market players have not lost their hope for an increase in tanker rates, however little movement is expected in the product tanker sector. According to the latest survey figures by Moore Stephens,  there was a fall in the number of respondents anticipating higher rates in the dry bulk and container ship trades, while expectations in the […]

  • 16 January 2015
    Business & Finance

    The European Marine Energy Centre (EMEC) is hosting a session at the Atlantic Stakeholder Conference in Porto, Portugal next week (Tuesday, 20th January 2015). Bringing the key players from European open-water ocean energy test sites together, the session will identify key issues of common interest across marine energy test sites, and share information to enable […]

  • 15 May 2014
    Business & Finance

    The world’s leading breakbulk players met in Antwerp Expo from 12th to 14th of May, with the main sponsor being the Port of Antwerp. The exhibition gives both global and local breakbulk operators the opportunity to network and catch up with current trends, while also providing a platform to meet the needs of logistics professionals […]

  • 19 November 2012
    Business & Finance

    A survey conducted by NAPA Group, the leading software house for ship design and operations, into preparation levels for the upcoming IMO ship energy efficiency management plan (SEEMP) has revealed that a majority of respondents were unaware of scope of potential fuel savings the plan could trigger. The survey completed by over fifty ship owners, […]

  • 22 September 2014
    Business & Finance

    The 2014 had been a much more rewarding year for owners than 2013 with positive spikes seen in the spot market and a definite shift in sentiment, with reasonable expectations for the second half of the year, according to the UK shipbroker Gibson. Based on Gibson’s latest Weekly Tanker Report, some 31 VLCCs have been ordered […]

  • 18 October 2006

    APM Terminals part of Denmark’s AP Moller-Maersk group installed large numbers of reefer stacks when it built the new terminal because Zeebrugge is an important import and export point for fruit and perishable goods. The stacks are meant to help general container shipping lines to win more of that traffic from operators of specialist refrigerated […]

  • 20 January 2014

    More top names have been lined up for the UK’s most significant conference and exhibition focused on the Southern North Sea energy business to be held in Norwich this year. Shell, EDF Energy Schlumberger, East Anglia Offshore Wind and Aker Solutions are among companies which will feature at the two-day SNS2014: Sea of Opportunity event […]

  • 26 March 2014

    Oceanteam Shipping ASA announced today that it has founded together with Grupo Diavaz a new shipping company named ‘DOT Shipping’. DOT Shipping will focus on providing high-end vessel solutions for the Mexican market. Details of the transaction remain confidential and further details on DOT Shipping will be disclosed in the coming period. Oceanteam Shipping ASA is an offshore shipping company. […]

  • 4 March 2014
    Business & Finance, Equipment

    Bibby Offshore’s newest international division, Houston-based Bibby Subsea, has gone from strength to strength since its launch in October last year, having trebled the team in the past four months. The subsea installation contractor developed the base in North America as part of its continued global growth strategy and to meet the growing demand of […]

  • 9 December 2009
    Project & Tenders

    New Delhi: The government targets to allot 17 port development projects to private players under its ambitious National Maritime Development Programme, which envisages increasing the capacity of the major ports by 410 million tonne per annum, with an investment of Rs 62,231 crore… Source: Financial Express, December 9, 2009;