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Monthly Archives: November 2016

Holcomb to Speak at Indiana Logistics Summit

Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a.m. in the ...
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Shoreham Port Engineers Complete Lock Gate Maintenance

On the 18 th October, the Port’s Engineering team successfully replaced the existing 1.8m diameter sluice valve at the south east corner of our Prince Phillip Lock with a refurbished spare as part of their on-going regime of programmed maintenance.
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Cosco Sinks Further into Red in Q3

COSCO Corporation (Singapore) Limited has seen its net loss widen in the third quarter of 2016 to SGD 102.3 million (USD 72.6 million) from SGD 82.1 million (USD 58.2 million) reports Business Times. “It has been another difficult quarter for our industry.
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Court Okays STX Offshore Rehabilitation Plan

STX Offshore & Shipbuilding has got the green light to carry on operations. A Seoul court today approved its rehabilitation plan, saving the yard, once the world’s fourth largest, from liquidation, reports Yonhap. STX Shipbuilding, once South Korea's No.
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What Does the Future Hold for Shipping?

Remi Eriksen, Group President and CEO DNV GL, discussed some of the upcoming developments in the maritime world in his speech at the Danish Maritime Technology Conference. The main question for all of us is: What does the future hold for shipping?
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HMAS Glenelg Saves Sea Turtles

A quiet watch was the expectation for Leading Seaman Boatswains Mate James Cole in patrol boat HMAS Glenelg, but what he got was a lesson in ocean rescue for some entangled wildlife. “I stepped on to the bridge wing to get some fresh air and as I did, I noticed a net floating past,” he said.
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INS Vikramaditya ‘Refit” for Sea

The aircraft carrier INS Vikramaditya has successfully completed its first routine maintenance, a 43-day short refit, at the Cochin Shipyard Ltd (CSL), and is at a high level of operational competence and preparedness. Rajesh Gopalakrishnan…
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US Drillers Continue to Add Oil Rigs -Baker Hughes

U.S. oil drillers increased rigs this week for a 21th week in the last 24, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling. Dril...
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US Warship John Finn Passes Acceptance Trials

The U.S. Navy’s new guided missile destroyer John Finn (DDG 113) has completed its third and final round of sea trials following two days testing various systems in the Gulf of Mexico. “The success of DDG 113 acceptance trials moves us one step closer to delivering a quality…
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Anchor Handling Tug Supply Vessel Market Poised for Growth

The global market for anchor handling tug supply vessels is poised for growth from 2016-2020, according to a report by Research and Markets. In the report, which covers the present scenario and the growth prospects market based on total revenue generated from the different geographical regions…
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