By MarEx 2015-08-31 15:02:37 Australia and Indonesia will from a partnership to combat regional maritime piracy. It will begin later this year and includes training, criminal intelligence exchanges ...
Joint Piracy Operations for Australia and Indonesia
Obama Set To Punctuate Climate Legacy
By Reuters 2015-08-31 14:44:45 President Barack Obama sets off for a three-day tour of Alaska on Monday, aiming to shine a spotlight on how the United States is being affected by warming ...
Group To Map Depths of the Ocean
By MarEx 2015-08-31 12:43:01 The University of Victoria’s Ocean Networks Canada (ONC) is exploring the deepest corners of the world’s oceans. On August 25, ONC deployed exploration vessel (E/V) ...
Ancient Ship Identified
By MarEx 2015-08-31 12:35:25 The ancient vessel discovered off South Korea’s Mado Island in November 2014 has been confirmed to be a Joseon Dynasty grain carrier. The Joseon Dynasty was a Korean ...
Two Ships Collide in UK
By MarEx 2015-08-31 12:21:28 The M/T Erin Wood was towed to Scotland’s Peterhead Harbour following a collision with M/V Daroja on August 30. The U.K. Maritime and Coast Guard Agency (MCA) responded ...
Stolen Tanker Cargo Suspect Arrested
By MarEx 2015-08-31 12:09:06 The Indonesian Navy has arrested the man suspected of leading the hijacking of the M/T Orkim Harmony. The Indonesian man was identified as Albert Johanes. He was ...
Star Bulk losses widen
Star Bulk has reported escalating quarterly losses as it continues to downsize its fleet. The NASDAQ-listed dry bulk company posted a net loss of USD65 million for 2Q15 versus a net loss of USD3 ...
Rough year for shipping stocks
US-listed shipping equities have partially recovered from recent lows, but remain sharply down for the year. At the closing bell on 28 August, the 53 shipping companies listed on NYSE and NASDAQ were ...
CMA CGM Q2 profit up 67%
French container line operator CMA CGM showed "strong and profitable growth" in the second quarter as consolidated net profit rose 67% year on year to USD 156 million. Group revenues dipped 2.1% to ...
Swire Shipping expands its Asia Pacific service
Swire Shipping announced today it would be expanding two key services in the Asia Pacific linking New Zealand, Australia and Papua New Guinea, at the same time rebooting its Australia-South East Asia ...