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Hanjin: Cargo Owners Withholding $80 mln
9/23/2016 3:44:21 PM
Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo owners were withholding up to $80 million in payments for completed shipments, complicating the company's ability to move stranded freight...

SHIPLYS to Advance Ship Design, Production Process
9/23/2016 11:03:09 AM
The European Commission has granted 6.2 Million Euros ($6.9mln) for a new research project called SHIPLYS (Ship Lifecycle Software Solutions).
 
The project gathers a team of 12 leading maritime companies and research facilities from several...

Ex-chairwoman of Hanjin Under Scrutiny
9/23/2016 6:46:55 AM
The former chairwoman of bankrupt Hanjin Shipping Choi Eun Young  is under investigation for alleged insider trading BBC reports qoting South Korea's Financial Supervisory Service. 
 
She has come under scrutiny after it was revealed she...

Engelstoft Appointed CEO at APM Terminals
9/23/2016 6:19:26 AM
Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services has been appointed APM Terminals CEO effective November 1, 2016. Morten succeeds Kim Fejfer, currently CEO of APM Terminals and Executive Board member in the A...

Capsized Migrant Boat: Egypt Arrests Crew Members
9/22/2016 9:33:35 AM
Egyptian authorities have arrested four crew members of a boat carrying almost 600 migrants which capsized off Egypt's coast, killing at least 43, judicial sources said on Thursday.
 
The boat sank on Wednesday in the Mediterranean off...

Submarine Optical Fibre Cable to Link Andamans, Mainland India
9/22/2016 6:44:17 AM
 India's government has decided to build a submarine cable between the city of Chennai and the Andaman & Nicobar Islands, which is  about 200km east of India, way out in the Bay of Bengal.
 
The estimated cost of the project, which is Rs...

Port of Va. Signs Long Lease for International Gateway
9/22/2016 6:24:34 AM
Governor Terry R. McAuliffe on Wednesday announced that The Port of Virginia has signed a new, long-term lease for Virginia International Gateway (VIG) that clears the way for the port to begin work on doubling capacity at the deep-water container...


MOB Device for Immediate Alert for Fast Response
9/24/2016 5:35:08 AM
Professional mariners know the life-threatening hazards of falling overboard, but may not consider how critical the recovery window is, especially with a moving vessel.

Compact and easily carried on a PFD, the ALERT2 Man-Overboard Alarm System from Emerald Marine Products immediately sets off a piercing audible alarm in the wheelhouse... Go to Article


IMO Joins Kenya’s World Maritime Day Celebrations
9/22/2016 6:04:31 AM

RigNet Communication Network for Offshore Energy Company
9/21/2016 7:21:19 AM

Hamburg Süd is Ocean Supplier of the Year
9/21/2016 5:49:38 AM

CMA CGM sees Opportunity in Hanjin collapse
9/20/2016 4:03:55 PM

ABTO: Cargo Liquefaction A Problem for Bulk Terminals
9/20/2016 9:45:26 AM

$100M Tug Contract: Ninth Boat Delivered in South Africa
9/20/2016 8:44:44 AM

NASSCO Christens 4th ECO Class Tanker
9/19/2016 12:19:16 PM

Federal Reserve Proposes New Limits on Wall Street Energy Bets
9/23/2016 12:22:21 PM

Russian Finance Minister Sees Revenues Rising in O&G Sector
9/23/2016 9:28:00 AM

Oil Up on Saudi Production Cut Offer
9/23/2016 7:28:59 AM

MacArtney Supplies LISST-VSF to Europe
9/21/2016 8:18:56 AM

Gasoline Shipments to U.S. East Coast Jump After Colonial leak
9/20/2016 9:19:53 AM



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