Monthly Archives: April 2017

Boosted by an improving market and cost savings from a recent merger, China’s COSCO Shipping Holdings expected to report a profit in the first-quarter, says a report by Reuters. In a stock market statement the  world's fourth-largest container…

The fundamental lying beneath the shipping industry is cargo and its journey, and in many cases the cargoes are the world’s key commodities, says a report by Clarksons Research. In 2014, prices across a range of commodities took a sharp dive…

SCF Group's Sovcomflot sees bright future for LNG-fuelled vessels in the tanker industry. "LNG is a promising fuel for large-capacity vessels, which will significantly increase their environmental compatibility and efficiency," says the company.

In keeping with India’s national objective of ensuring a secure and stable regional environment to allow unhindered economic and social development, not just in India, but also in the Indian Ocean Region, Indian Naval Ship Shardul is on a two…

European shipowners welcome the European Parliament’s adoption of the Recommendations on the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea 1996 in its Plenary-session this week.

Seadrill Partners (SDLP) has secured a one well contract with BP Canada Energy Group ULC for the West Aquarius in eastern Canada. The contract is expected to commence in the second quarter of 2018. The backlog for the contract, estimated to be a maximum of 120 days…

U.S., U.K. and France began Exercise Alligator Dagger 17, April 5. The two-week multilateral amphibious exercise is taking place in international waters off the coast of Djibouti and in the vicinity of Djibouti and Arta Beach, April 5 - April 20. Exerc...

Vard Holdings Limited has secured a contract for the design and construction of one live fish transportation vessel for Fjordlaks Aqua in Ålesund, Norway. The new live fish transportation vessel of VARD 8 50 design is scheduled for delivery from Vard Aukra in Norway in 3Q 2018.

Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational topics as a result of the U.S. Federal Maritime Commission (FMC) voting to allow the "East Coast Port Gateway Terminal Agree...

Lloyd’s Register (LR) said it has made a significant investment in Hamburg-based ship management software provider Hanseaticsoft. Hanseaticsoft provides modern fleet management software solutions to optimize workflows in shipping companies,…