Monthly Archives: November 2017

CMA CGM, the world’s third-largest container shipping group, posted a third-quarter net profit of $323 million, up from $219 million in the previous quarter and a $268 million loss a year earlier. During the third quarter, volumes carried by…

At its 91st annual convention last month, the International Propeller Club of the United States elected and installed its leaders for the coming year and beyond. Representatives of the Club’s more than 75 chapters from around the world elected Rear Admiral Joel Whitehead…

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva…

The smart technology group Wärtsilä is at the forefront of harnessing the changes taking place in the shipping industry to deliver value and optimisation for its customers. By orchestrating these developments through the use of high levels of connectivity and digitalisation…

APM Terminals Inland Services inaugurated its new state-of-the-art Inland Container Depot and supply chain solutions facility designed to serve one of India’s fastest-growing hubs for industrial development and manufacturing in the Pune district in Maharashtra state.

ShipConstructor Software Inc. (SSI) says it is excited to see that the Brazilian Government has funded training on SSI’s ShipConstructor software. Below is background to that decision. Brazilian shipyard Estaleiro Atlântico Sul (EAS) is one…

Palau International Ship Registry (PISR) has become the fastest growing flag in the shipping world with an impressive 43.2% growth in the number of vessels joining the registry since 2013 according to Fairplay magazine. Recording strong growth…

The much awaited announcement for the replacement to the current Armidale Class patrol boats was announced by Prime Minister Malcolm Turnbull at Russell Offices in Canberra. Lürssen was named as the prime contractor for the 12 new Offshore Patrol Vessels (OPV) with the Australian PV80 variant.

Leading global coatings manufacturer Hempel has launched its new cargo hold coating – Hempadur Ultra-Strength Fibre 47510. This innovative coating offers customers an outstanding return on investment by delivering up to 40 per cent reduction in cargo holds maintenance costs.

Port security officials in Guinea have undergone training on complying with International Maritime Organization (IMO)’s maritime security measures. They are being trained in how to perform their duties in line with SOLAS Chapter XI-2, the International…