By MarEx 2015-07-27 12:46:53 Chinese State Shipbuilding Corporation (CSSC) has delivered its largest built container ship to CMA CGM, the French shipping group bases out of Marseille. The CMA CGM ...
Chinese Deliver Largest Box Ship
Malacca Converting Ports Into Specialized Hubs
By MarEx 2015-07-27 11:59:10 Plans are underway to convert seven Malaccan ports into specialized hubs. The Malacca Port Development Masterplan is expected to increase investments and economic ...
Don’t rush to build oil tankers, says shipbroker
Despite the positive sentiment surrounding oil tanker freight rates, caution should be exercised before building new ships, Italian shipbroker Banchero Costa cautioned. The tanker market has continued ...
Nordic American buys two Suezmaxes for USD122 million
Nordic American Tankers (NAT), the US-listed Suezmax owner that is managed from Norway, said it has agreed to acquire two Far East-built Suezmax tankers with an average age of five years for a total ...
Coal Stacker Collapses At Mozambique Port
By Reuters 2015-07-27 10:25:12 A coal stacker, which is a large bulk handler, collapsed in the Mozambique port of Nacala. The stacker buckled according to a port spokesperson. It was at the coal ...
Russian Newbuild Projects Bolster Arctic Expansion
By MarEx 2015-07-27 10:01:48 Russia’s shipping and shipbuilding sectors are vibrant in 2015, nowhere more so than in the Arctic sector. Indeed there has been a constant stream of new developments ...
Chinese Vessel Sinks After Collision With Oil Tanker
By MarEx 2015-07-27 09:32:23 Chinese cargo vessel Jiang Xia Xiang sunk following a collision with the oil tanker Bai Chai. The collision occurred on the Yangtze River in Shanghai as the Jiang Xia ...
Carnival to build one of Europe’s largest cruise terminals at Barcelona
US cruise giant Carnival Corporation has received approval to build and operate a second terminal at the Port of Barcelona. At 11,500 m², the new Terminal E on the port's Adossat Wharf will be one of ...
French minister proposes Calais peace plan
French secretary of state for transport Alain Vidalies has put forward a peace plan aimed at ending the disruption currently affecting cross-Channel ferry services at the French port of Calais. He has ...
Piracy analysis: EU Somali coastguard initiative delivers
The EU's capacity building division has delivered more training and equipment to the Somali coastguard in Mogadishu, although experts warn that the trained officers should also be paid if maritime ...