Brazil has shelved a planned railway to ship commodities destined for China through Peru as it was too costly and faced "absurd" engineering challenges, a Brazilian official said. The 5,000-km (3,300-mile) railway over the Andes to the Pacific coast…
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Washington State, DNV GL Partner on Maritime Sector Growth
DNV GL will support Washington State as it advances its strategy for the sustainable development of the state’s $38 billion maritime industry. In December 2017, Washington State Governor Jay Inslee’s Maritime Innovation Advisory Council launched…
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Noble Group: Sale of Four Bulkers Falls Through
Crisis-wracked commodity trader Noble Group said on Friday said proposed agreements to sell four dry bulk carrier vessels have fallen through after the buyers failed to get approval from their boards for the deals by Thursday. Noble estimated…
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Oil From Sunken Iranian Tanker May Have Reached Japan
Clumps of oil have washed up on the shores of southern Japan and there are fears they may be leaking from an Iranian crude tanker than sank in the world's worst such disaster in decades, the Japanese Coast Guard said on Friday. Black clumps have reache...
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Metabolism study signals more trouble ahead for polar bears
WASHINGTON (Reuters) - A study of polar bear metabolism conducted near Alaska's Prudhoe Bay has provided more reason to worry about the future of these massive predators that prowl the Arctic.
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Capital Product Partners Adds Two Vessels, Sells One
Greece-based international diversified shipping partnership Capital Product Partners announced the completed acquisition of the M/T ‘Aristaios’, as well as the sale of the M/T ‘Aristotelis’ and the acquisition of the M/T ‘Anikitos’. On January 17…...
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ABS Excels in Marine Safety Standard
ABS announced it had zero work-related lost time incidents during 2017. The corresponding Lost Time Incident Rate (LTIR) of 0.00 represents a significant milestone in the organization’s continuing journey to safety excellence. “Safety is the heart of o...
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India Launches Third Scorpene Submarine ‘Karanj’
The Indian Navy’s third state-of-the-art Scorpene class submarine, INS Karanj, was launched by Reena Lanba, wife of Chief of Naval Staff Admiral Sunil Lanba, , at the Mazagon Dock Shipbuilders Ltd (MDL) in Mumbai. This historic event reaffirms…
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Hapag-Lloyd North America President Wolfgang Freese Retires
Wolfgang Freese, President Region North America, will be retiring after almost five decades with Hapag-Lloyd. He started his career in the shipping company in 1971 with an apprenticeship to become a shipping agent. In recent decades, he has held manage...
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Data Models for Maritime E-Business
Effective global electronic data exchange for ships entering and leaving ports depends on standardized and harmonized practices for data exchange. This can include data models which define and format data which might be transferred between automated sy...
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