Coact Guard officials called off a search Wednesday for a man who went missing after a tugboat capsized in the San Francisco Bay. The 45-foot tug Sunshine State capsized Tuesday at roughly 8 p.m. near the Oakland estuary entrance. Crewmember Albert Apazaza was rescued by the dredge barge Florida sho
Hundreds of jobs hang in the balance today after a shipyard went into administration. Around 250 workers at McNulty Offshore on South Tyneside face an uncertain future if the shipyard is forced to close. However, administrators KPMG hope to keep the shipyard open and sell the business as a going con
BEIJING (AFX) – China’s robust trade is prolonging an upcycle in the global shipping sector, prompting several port operators to announce IPO plans, Xinhua news agency said China, including Hong Kong, handled 83 mln twenty-foot equivalent units of container traffic last year, 23 pct of the world tot
MC Shipping Inc., today announced that they have taken delivery within the past 48 hours of their three recent acquisitions. The vessels “Berge Flanders” and “Berge Kobe” were delivered from Bergesen and immediately entered into a 5-year time charter to the sellers. The former Shell International Tr
Mainland-based exporters are expected to bear the brunt of increased charges for transporting goods through the Panama Canal because of congestion at ports on the west coast of the United States. This adds to the time container ships spend idling at sea, spurring more traffic to use the canal to get
MANAMA: An Indian government corporation that carries out dredging activities around the world is to establish a regional office in Bahrain, it was revealed yesterday. The Dredging Corporation of India (DCI) is already involved in dredging work in Bahrain. However, it will establish a base in the co
Several factors in the global economy, record increases in ship building, and an effort by the cruise lines to create more innovative vessels have all contributed to the cruise industry
Korea National Oil Corp. (KNOC) signed a letter of intent with Modec Inc., Japan, as part of a consortium with Mitsui & Co. Ltd. and Petroleum Technical Services Co. (PTSC), a subsidiary of Vietnam Oil & Gas Corp. (Petrovietnam), for a floating storage and offloading (FSO) vessel for KNOC’s Rong Doi
Kandla Port Trust, the country
Panama Vice-President will visit the city next month to sign a Memorandum of Understanding for setting up a Maritime University here, Union Shipping and Transport Minister T R Baalu announced today. At a press conference here, he recalled that he had mooted the proposal during his recent visit to Pa
High-speed passenger craft will soon need to install an automatic identification system to facilitate better monitoring of speeding, a government official said Wednesday. Secretary for Economic Development & Labor Stephen Ip said collisions have fallen 5.5 percent since 2003 to 205 last year, with s
Pedro! We just broke the world record – the boat literally flew – we covered 530 miles over 24 hours – we’re thrilled,
The crew of a Japanese oil tanker have used powerful fire hoses tofend off an attack by pirates in the Singapore Strait. The International Maritime Bureau said pirates in seven fishing boats accosted the east-boundtanker near Indonesia’s Karimun Islands on Tuesday afternoon — the third attack on a J
SOME shipping companies have started signing contracts after winning tenders for shipping subsidies. But the Fiji Shipping Corporation chairman Malcolm Harrison said a formal announcement over which operators were successful would not be made until all subsidy contracts were signed. He could not put
