Scorpio Tankers announced that it has agreed to sell and leaseback three MR product tankers (STI Ville, STI Fontvieille and STI Brooklyn) and two LR2 product tankers (STI Rose and STI Rambla) to AVIC International Leasing Co., Ltd. Upon completion…
Read more
Diana Containerships Sells m/v Hamburg
Diana Containerships announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2009-built vessel “Hamburg”, with delivery to the buyer latest by July 31, 2018, for a s...
Read more
ZIM Appoints Xavier Destriau As Chief Financial Officer
ZIM Integrated Shipping Services Ltd. announced today that the Company's Board of Directors has appointed Xavier Destriau as the company’s new CFO, effective June 15, 2018. He will be replacing Acting CFO, Yohai Benita, who has completed his position a...
Read more
IMO Training in India on Port Emissions
India is the latest country to benefit from International Maritime Organization (IMO)'s new three-day training package on assessing air emissions in ports and strategies to address emissions from various sources. Thirty-five Indian maritime officials f...
Read more
MOL Logistics Signs Pact with Al Madina Logistics in Oman
Mitsui O.S.K. Lines (MOL) announced that its group company, MOL Logistics (Japan) has signed an agency agreement with Al Madina Logistics Services Company SAOC, which has developed its logistics business in Oman, which is expected to grow as emerging ...
Read more
K Line Acquires Statement of Conformity for Environmental System
Kawasaki Kisen Kaisha ("K" Line) and some of its group companies recently acquired a “Statement of Conformity” for its environmental system, “Drive Green Network” (DGN), for pushing forward group-wide environmental management in consequence…
Read more
Successful Factory Acceptance Test for The Switch EBL
The Switch Norway, part of Yaskawa Corporation’s Yaskawa Environmental Energy Division, reports it has completed a Factory Acceptance Test (FAT) for its Electronic Bus Link breaker (EBL). It is the first time the new EBL, a key element within its DC-Hu...
Read more
‘Made in China’ label sheds light on old Java Sea shipwreck
WASHINGTON (Reuters) - A fresh examination of Chinese ceramics and other cargo from an important Java Sea shipwreck has led researchers to conclude that the vessel sank a century earlier than previously thought, providing insight into Asia's maritime t...
Read more
China launches first rocket designed by a private company
BEIJING (Reuters) - China launched its first privately developed rocket from a launchpad in northwestern China on Thursday, state media said, the latest milestone in the country's ambitious space exploration program.
Read more
Scientists explore DNA secrets of green-blooded lizards
WASHINGTON (Reuters) - A group of lizards inhabiting the island of New Guinea boasts one of the most exotic traits of any animal: green blood. And scientists have been trying hard to figure out what benefit this characteristic -- caused by high levels ...
Read more