Hanjin Shipping’s HQ Raided The headquarters of South Korean conglomerate Hanjin Group and its affiliates have been raided earlier today by the Seoul prosecutors amid corruption allegations…. Read more Richard Branson Orders Three Cruise Ships, Homeports One in Miami Richard Branson’s Virgin Cruises
Berth productivity on mega-container ships slipped in 2014 on a global basis, underscoring the continuing challenges that ports, terminals and container lines are facing in combating congestion and delays at major seaports around the world, according to US-based market analyst IHS Inc. The number of
Berth productivity on mega-container ships slipped in 2014 on a global basis, underscoring the continuing challenges that ports, terminals and container lines are facing in combating congestion and delays at major seaports around the world, according to US-based market analyst IHS Inc. The number of
BAM International, part of Dutch construction-services company Royal BAM Group, has completed the EUR 65 million (USD 73 million) project to construct the Aqaba New Liquefied Natural Gas (LNG) Terminal for Aqaba Development Corporation (ADC), situated on Jordan’s Red Sea coast. BAM has handed over t
BAM International, part of Dutch construction-services company Royal BAM Group, has completed the EUR 65 million (USD 73 million) project to construct the Aqaba New Liquefied Natural Gas (LNG) Terminal for Aqaba Development Corporation (ADC), situated on Jordan’s Red Sea coast. BAM has handed over t
Dredge Yard, a supplier of dredging and mining components, equipment and technologies, took part in the WEDA Dredging Summit and Expo, held from June 22-25, 2015 at the Westin Galleria in Houston. The event hosted numerous technical sessions and gave the opportunity for all the leading organizations
The newbuilding price index has been in decline since June 2014, and the trend is likely to continue until next year, the South Korean daily Business Korea quoted US investment firm Morgan Stanley as saying. The newbuilding price index peaked at 140 in June last year, before steadily sliding and rea
United Arab Shipping Company’s (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain. The biggest container ship in the UASC fleet arrived at the UK’s largest container port from Port Kelang in Malaysia. The Barzan is deployed on UASC’s
A special afternoon program will be organized tomorrow, on the closing day of the 5-day seminar at UNESCO-IHE in Delft, the Netherlands, with two high caliber guest speakers to celebrate this 50th seminar. This five-day course strives to provide an understanding through lectures by experts in the fi
The Ocean Three (‘O3’) carriers, CMA CGM, CSCL and UASC, have made the first concession in the ongoing Asia-Europe rate war, according to shipping analyst Alphaliner. Namely, the carrier alliance has decided to withdraw one of their four Far East-North Europe strings for 12 consecutive weeks startin
Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days as of 2018, according to the latest special report released by Platts. In its 6-pag
Seafarers’ challenging working conditions and lifestyle and the prevalence of smoking, lack of exercise and poor diet within the group have all contributed to a higher risk of seafarers developing diabetes as compared to the general populace, numerous studies confirm. To address concerns of a higher
The International Association of Dredging Companies (IADC) Seminar on Dredging and Reclamation started on June 22 at UNESCO-IHE, in Delft, the Netherlands, and will last through Friday, 26 June, 2015. The seminar reflects IADC’s commitment to education, to encouraging young people to enter the field
The International Association of Dredging Companies (IADC) has just released this new article named ‘A Common Sense Approach for H2S Release During Dredging’. The release of H2S (Hydrogen Sulphide) is a known risk in the dredging industry. It is a highly toxic and flammable gas (flammable range: 4.3
