The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MOU) with the World Maritime University (WMU) to train and build global maritime capacities. The MOU was ...
MPA signs MOU with World Maritime University
Marshall Islands flag scores best performance in South Korea
The Marshall Islands flag has its best year in South Korea in 2014, despite liquidity issues afflicting the country's chaebol-linked shipping companies. Annie Ng, head of Asia at International ...
Cargo owners warned to tackle box weight issues now
Start now to plan weight certification and reporting procedures to ensure compliance with the IMO's new provisions for container weight verification, cargo owners were advised on 22 April. The deputy ...
Svitzer sees salvage merger with Titan as best fit of strengths
Svitzer, the towage and salvage company in AP Moller-Maersk (APM) group of Copenhagen, sees the merger of its salvage business with Titan, which is part of the US-based Crowley group, as the best fit ...
Reederei NSB completes first Panamax widening project
Panamax containerships are difficult to employ in today's competitive market. To ensure and extend the profitable operation of these ships, Reederei NSB developed a concept to widen a containership ...
BP sums up its response to Deepwater disaster
BP CEO Bob Dudley reflected on the company's response to the Deepwater Horizon oil rig explosion in a keynote speech at CERAWeek in Houston, Texas, on 21 April. He confirmed that the company had spent ...
CSBC to deliver 16 ships in 2015
China Shipbuilding Corporation (CSBC), Taiwan's largest shipbuilder, will deliver 16 newbuilds in 2015, the highest level since 2008, said CSBC president Chen Feng-lin on 17 April. Eleven newbuilds ...
Dolphin Group issues private placement shares
Dolphin Group, the Oslo-listed geophysical services provider to the oil and gas industries, has completed a private placement of shares. Investors purchased 70 million new shares at a price of NOK2.05 ...
Lysblink Seaways to be scrapped
DFDS Seaways has confirmed that its 7,409 gt cargo vessel Lysblink Seaways, which grounded in northwest Scotland on 18 February, is to be recycled. After passing through the Sound of Mull en route ...
Ocean Yield raises cash for five-year bond issue
Ocean Yield, the listed Norwegian company that invests in ships for long-term charter to third parties, has raised NOK1.0 billion (USD126 million) in an issue of five-year unsecured bonds. "Ocean ...
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