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International Maritime College Oman purchases NAUTIS ECDIS trainer simulator classroom

08/04/2014
A classroom of NAUTIS Desktop Trainers and a NAUTIS Instructor Station was purchased by the International

CIT Provides $55 Million Financing to Tanker Solutions

08/04/2014
CIT Group Inc., a global leader in transportation finance, today announced that CIT Maritime Finance provided a $55 million senior secured

Boskalis takes over Fairmount

08/04/2014
After considerable rumours in the towage industry, Royal Boskalis Westminster NV (Boskalis) has announced that it has reached an agreement to acquire Fairmount Marine BV

Wallem scoops multiple awards

08/04/2014
The Wallem Group, a Hong Kong headquartered shipping services company, has won a number of awards from peers, seafarers and clients. The Shipping Company of the

Maersk Line increases business while reducing CO2 footprint

08/04/2014
Maersk Line published its Sustainability Progress Update for 2013, showing a 3.8 million tonnes CO2 reduction in a year where

Bestobell’s major new Chinese contract

08/04/2014
Bestobell Valves, part of the President Engineering Group, has had a major boost to its marine division with the award of a new contract for cryogenic cargo globe valves

60 MacGregor cranes ordered for Chinese-built bulkers

08/04/2014
MacGregor, part of Cargotec, has won a run of orders for bulk versions of its cargo handling cranes from five Chinese shipyards.

AION talks to Mercator for Rs 450-cr deal

08/04/2014
AION Capital Partners, the largest special situation fund in India, launched by global private equity

EMAS migrates to Inmarsat’s XpressLink service

08/04/2014
EMAS, a leading global contracting group providing offshore/subsea construction, marine, production

Crowley Maritime establishes new venture with Accord Ship Management

08/04/2014
Technical and Crew Management company - Accord Ship Management - has been in existence

Overseas Shipholding Approved to Sign $300 Million Deal

08/04/2014
Overseas Shipholding Group Inc. (OSGIQ) won court permission to sign a deal with its lenders that would

First Havyard Wave Edition design ready for outfitting

08/04/2014
Extensive research is behind Havyard`s WE design. The first hull of this characteristic design arrived

Maersk Line retrofitted nearly half its owned boxship fleet in 2013

08/04/2014
Maersk Line retrofitted nearly half its owned containership fleet last year, with the company seeing major fuel and emissions

ESL Shipping signs EUR 10 million ship financing agreement

08/04/2014
ESL Shipping Ltd, part of Aspo Group, yesterday on April 7, 2014, signed a EUR 10 million ship financing agreement with Pohjola Bank

Island welcomes visit by Chinese shipping representatives

08/04/2014
The Isle of Man last week hosted a visit by leading figures from China’s shipping industry, as part of an ongoing programme of

Petronas Launches Hull Of Its First Floating Lng Facility

08/04/2014
PETRONAS has launched the hull of its first floating liquefied natural gas (PFLNG 1) facility at the Daewoo Shipbuilding & Marine

Palmali buys chemical tanker and three bulkers

08/04/2014
Turkey's Palmali has signed a memorandum of agreement to buy one chemical tanker and three bulk carriers from the secondhand market. The secondhand ships comprise

Nordic American Tankers Limited Announces Public Offering

08/04/2014
Nordic American Tankers Limited announced an underwritten public offering of 10,000,000 common shares pursuant to the

08/04/2014

E/W Supply/demand: Asia-ECNA

08/04/2014
Few service adjustments were made by ocean carriers between December and March, but major changes lie ahead in 2Q14, and not just from the P3 alliance.
Eastbound

Asian cargo discharged through ports along the East
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