Shreyas Shipping has signed a contract with Singapore Technologies Marine for building a new container vessel of 1070 teus. The vessel will be built in Singapore. With a view to exploit the growth opportunities offered by the shipping industry, the company proposes to increase its fleet strength to
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Singapore and China signed a protocol Tuesday to enhance the existing Maritime Transport Agreement between the two countries. Also known as the Shipping Agreement, the Maritime Transport Agreement between Singapore and China was first signed in 1989 to provide the shipping lines of both countries ac
After two full weeks of testing, watching and waiting, 12 second boat crew candidates assembled in Portugal to hear whether or not they would begin the next phase of their life: spending the next year and a half preparing for and sailing under the ABN AMRO banner in the Volvo Ocean Race. Sailing dir
Sakhalin Prosecutor General’s office filed a law suit against European Dredging Company S.A. from Belgium demanding restitution of damages the Russian Federation incurred as a result of oil spillage from the Cristoforo Colombo dredge, announced prosecutors from the Sakhalin region (Sakhalin is an is
Russell Coutts and Alinghi boss Ernesto Bertarelli have reached a settlement, but it remains unclear whether the most successful helmsman in America’s Cup history will be involved in the next event.
A 400-foot (120-meter) cargo ship carrying dry goods remained grounded Sunday after striking a coral reef off St. Croix’s south coast, the U.S. Coast Guard said. The Sea Cloud had dozens of cargo containers aboard and 335,000 gallons (1.27 million liters) of diesel fuel in its five gas tanks, said L
A naval training ship affiliated to an East Sussex borough is paying it a visit on Sunday. HMS Puncher has been linked to Eastbourne for six years and will pick up the town’s mayor, Councillor Barbara Goodall, in Brighton on her way. The navy patrol vessel will dock in Eastbourne at midday and stay
The substantial order lies within the scope of a wider agreement of cooperation between the two groups, which foresees the possibility to develop new projects and use Fincantieri
Mitsubishi Heavy Industries has today launched Hatsu Shine, the first in a series of ten 7024 TEU S-type container vessels that it is building for the Evergreen Group. She was named by Evergreen Group Chairman, Dr Y F Chang while Mrs Elisabeth Verschoor, the wife of Mr Jan Verschoor, Managing Direct
The shipping-derivatives market will grow 53 per cent in the next two years as hedge funds, banks and insurers start trading the contracts, Boston-based consulting company Celent Communications said.
The U.S. Coast Guard has proposed new rules to protect cruise ships and other boats from terrorist attacks. But now fishing groups, floatplane operators and cruise lines are among many businesses trying to understand what effect the rules would have on marine traffic in the tight channels and small
The British fishing industry needs a major shake-up if its long-term future is to be sustainable and profitable, an all-party committee of MPs said yesterday.The call comes from the Environment, Food and Rural Affairs Committee, which took a critical look at many of the recommendations made in last
The Navy is sending Congress a long overdue, 30-year shipbuilding plan that projects a fleet that could range from 260 to 325 ships, the service’s top acquisition official said Wednesday.
