Monthly Archives: October 2016

South Korean shipyard Hyundai Heavy Industries emerged from the third quarter with a black bottom line, although with a smaller profit than in the previous quarter, thanks in part to reduced costs and improvement in its non-shipbuilding business. Reven...

Some 200 representatives of classification societies, shipbuilders and shipowners came together in Tokyo last week for their annual ‘Tripartite Meeting’ on issues of common interest. The meeting, hosted by Class NK, the Japanese Shipowners’…

NYK has been selected for the Dow Jones Sustainability Indices (DJSI) for a 14th straight year. The DJSI, which is a major global index for companies engaging in socially responsible investment (SRI), is composed of select sustainability-driven companies from about 3…

The Naval Prefecture Argentina, following the guidelines of the Ministry of National Security, held this morning the annual exercise PEMADOCK (Plan Major Emergency Area Port Dock Sud) in order to achieve rapid and effective response to a potential loss...

The safety and environmental impact of arctic shipping was on the agenda as International Maritime Organization (IMO)  Secretary-General Kitack Lim received a delegation of arctic indigenous leaders at IMO Headquarters, London (25 October).

India's Ministry of Communication has extended the period for applying of Renewal of Global Management Distress Safety System General Operator’s Certificate (GMDSS-GOC) License from three months to six months prior to its expiry. This will enable…

TorQuest Partners has invested in McKeil Marine, in partnership with existing management and shareholders, the two companies announced. Terms of the investment were not disclosed. McKeil also announced that Steve Fletcher, President, who has been with McKeil for 17 years…

Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria's restive Niger Delta following repairs after a militant attack, the Nigerian presidency said on Tuesday. "The Shell Director, Mr. Andrew Brown, informed the President…

ABS has been approved by the American Waterways Operators (AWO) to carry out audits of its Responsible Carrier Program (RCP), a safety management system for tugboat, towboat and barge companies, requiring AWO member companies to undergo periodic…

U.S.-flag Great Lakes freighters (lakers) moved 9.1 million tons of cargo in September, a decrease of 7 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). The September float was also 8.7 percent below the month’s five-year average.