Maritime News

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Mediterranean Ports Unite Behind Southern Gateway Alternative

Posted On: 15-12-2016

Ports from around the Mediterranean coast are to form an organisation to promote the region’s role in global maritime trade and to co-operate on issues including security, the environment and supply chain innovation. Representatives of 25 port authorities from southern Europe and North Africa as well as Bulgaria, Turkey and Israel along with the professionals from the Euro-Mediterranean shippin..readmore

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'Major Port Trust Authorities Bill, 2016' approved by India

Posted On: 15-12-2016

The Union Cabinet of India, chaired by the Prime Minister, has approved the Major Port Authorities Bill, 2016, replacing the Major Port Trusts Act, 1963. This is a move aimed to introduce greater efficiency and professionalism in governance of ports through full autonomy in decision making and by modernizing the Institutional structure of Major Ports. The official statement said that the Union Ca..readmore

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New Water Resources Bill for US

Posted On: 15-12-2016

The US has adopted a final water resources development bill which focuses on the Harbor Maintenance Tax, providing a continuation of the donor and energy transfer port program, as well as on modernizing the channel deepening cost-share formula. The Water Infrastructure Improvements for the Nation Act (WIIN), is the bill which modernizes the cost-share depth for navigation construction projects fr..readmore

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HMM Plans to Control 5% of Global Market Share by 2021

Posted On: 15-12-2016

A media reports that the Hyundai Merchant Marine (HMM) plans to take 5% of global market share by 2021 by means of various measures including its latest agreement to join the 2M network.HMM currently control 2.2% of global container capacity, said it intends to improve cost competitiveness by focusing on the Asia-US route and raising wet bulk carriers rather than dry bulk vessels. HMM will also..readmore

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NextDecade and FLEX LNG Signs HOA on FSRU Solutions

Posted On: 15-12-2016

NextDecade Global Solutions, a subsidiary of NextDecade, and FLEX LNG have signed a heads of agreement (HOA) to create a full value chain solution for clients looking to purchase liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.Initially, NextDecade and FLEX LNG will develop floating storage and regasification unit (FSRU) and dockside solutions fo..readmore

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MSC Signs Global Declaration of Intent Against Counterfeiting

Posted On: 13-12-2016

Mediterranean Shipping Company (MSC) has signed an official declaration, designed to prevent the maritime transportation of counterfeit goods.The declaration is the work of the International Chamber of Commerce, which launched the Business Action to Stop Counterfeiting and Piracy (BASCAP) in 2004. BASCAP’s mission is to encourage government action and to enhance the campaigning voice of busi..readmore

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Seaspan’s First Eco Ferry Arrives from Turkey

Posted On: 13-12-2016

Canada’s Seaspan Ferries Corporation (SFC) has welcomed the Seaspan Swift, the first of two new dual-fuelled/hybrid (diesel, liquefied natural gas and battery) ferries ordered from Turkish Sedef Shipyard. The new vessel, currently docked at the SFC Tilbury Terminal in Delta, arrived in Canada after an eight-week journey that spanned a total of 10,661 nautical miles following its construction i..readmore

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98,000 dwt Semisubmersible Delivered

Posted On: 13-12-2016

China’s COSCO Shipping Specialized Carriers Co. Ltd. has taken delivery of its newest semisubmersible vessel, the 98,000 dwt Xin Guang Hua – the largest of the COSCO semisub fleet and reportedly second largest in the world. Large enough to transport fully integrated offshore floating production units weighing up to 85,000 tons, the m/v Xin Guang Hua was purpose built and delivered from the C..readmore

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HHI Receives $650 mln Order from Iran for 10 ships

Posted On: 12-12-2016

South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10 ships for Iran's state-owned shipping company, South Korea's Yonhap News Agency reported on Saturday, citing a Hyundai Heavy spokesman. The company will build container ships and tankers for Islamic Republic of Iran Shipping Lines, with delivery starting in 2018, Yonhap cited the spokesman as sayi..readmore

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Maersk line and MSC enter strategic cooperation with HMM

Posted On: 12-12-2016

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) have reached an agreement to enter into a new strategic cooperation. The cooperation is a combination of slot exchanges and slot purchases between the three parties, as well as Maersk Line and MSC taking over a number of charters and operations of vessels currently chartered to HMM. Although the cooperation is ou..readmore

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ABS Joins LNG Coalition

Posted On: 01-12-2016

Houston-headquartered classification society ABS has joined the SEA\LNG coalition whose objective is to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. SEA\LNG brings together players from across the supply chain, including shipping companies, classification societies, ports, LNG suppliers, downstream companies, infrastructure providers and original equipment m..readmore

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Oceanwide Orders Polar Cruise Ship at Brodosplit

Posted On: 01-12-2016

Dutch-based exploratory Polar cruise operator, Oceanwide Expeditions, has ordered a 180-passenger, ice-strengthened ship at Brodosplit shipyard in Croatia. The ship, called the m/v Hondius, will be the strongest ice-strengthened vessel in the Polar regions once delivered in the first half of 2019, according to Oceanwide. Hondius will be the first vessel to be built to class “LR PC6”, meetin..readmore

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India's Sagarmala for Sustainable Growth of Coastal Community

Posted On: 01-12-2016

The Ministry of Shipping, India has sanctioned Rs. 30 Crore ($4.37 mln) for capacity building and providing safety training of 20,000 workers engaged in ship recycling activities at Alang-Sosiya recycling yard in Gujarat. In addition, Rs. 13.77 Crore has also been sanctioned for skill training in 27 coastal districts in convergence with Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY). ..readmore

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Gulf Navigation Looking to Acquire Large Shipping Fleet

Posted On: 30-11-2016

Dubai-based owner and operator of chemical tankers Gulf Navigation Holding PJSC (GulfNav) signed a strategic contract with Deloitte related to the company’s upcoming acquisition of a large shipping fleet, a part of GulfNav’s future expansion plans. “This upcoming acquisition represents an important step towards achieving the company’s strategic goal in being a reliable arm for the maritim..readmore

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Teekay Cuts Steel for Second Yamal LNG Icebreaker

Posted On: 30-11-2016

Owner and operator of liquefied natural gas (LNG) carriers Teekay LNG Partners held a steel cutting ceremony for Rudolf Samoylovich, an LNG icebreaker, at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea on November 22, 2016. Rudolf Samoylovich is Teekay’s second of six 172,000 cubic meter ARC7 LNG carriers to be built for the Yamal LNG project in Northern Russia. ..readmore

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EU Counter Piracy Mission Extended

Posted On: 30-11-2016

The European Council has extended Operation Atalanta’s mandate to deter, disrupt and repress acts of piracy off the coast of Somalia through December 31, 2018. Operation Atalanta’s two-year mandate extension, enacted on November 25, 2016, comes amidst concerns within European Union Member States that whilst pirate attacks on merchant ships transiting the Gulf of Aden and Indian Ocean are curr..readmore

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DMCA, DNV Join forces to promote Maritime Innovation

Posted On: 30-11-2016

In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from maritime industry pioneers and other government entities such as DP World, Dry Docks World, Dubai Maritime City, JAFZA and Trakhees. The workshop was organized to attract investmen..readmore

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Six New Submarines Built for the Russian Navy

Posted On: 29-11-2016

JSC Admiralty Shipyards has finished building a series of six submarines for the Russian Navy’s Black Sea fleet, marked with a flag lifting ceremony on the large diesel-electric submarine Kolpino, which was transferred to the Russian Navy. The ceremony was attended by Chief of the Navy, Vladimir Korolev; president of JSC United Shipbuilding Corporation, Alexei Rakhmanov; and CEO of JSC Admiralt..readmore

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UECC Names World’s First LNG-Powered PCTC

Posted On: 29-11-2016

M/V Auto Eco, the world’s first liquefied natural gas (LNG) -fueled pure car and truck carrier (PCTC) owned by Norway-based shipping firm United European Car Carriers (UECC), was named at the Port Zeebrugge, Belgium, on November 21, 2016. The new PCTC is the first of two sister ships built for UECC, which is owned by NYK Line and Wallenius Lines, by Kawasaki Heavy Industries at its NACKS sh..readmore

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India Takes Steps To Prevent Incidents Of Pirate Attacks On Vessels

Posted On: 25-11-2016

Gulf of Aden (East Coast of Africa), Malacca Strait and West Coast of Africa are shipping routes which suffer incidents of pirate attacks. Steps taken to prevent recurrence of such incidents in future are:- (i) Guidelines for anti-piracy measures issued through Merchant Shipping Notice No.1 of 2011 dated 14.1.2011 to be implemented by Indian Ships. The guidelines provide for elaborate a..readmore


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