China's Shanghai International Port Group (SIPG) on 28 May inked a deal with Israeli port authorities, obtaining the right to run the new Haifa port in northern Israel for 25 years. The Chinese firm ...
China’s SIPG signs deal to run Israel’s Haifa port
HHI clinches Hoegh FSRU
Norwegian floating LNG production specialist Hoegh LNG has ordered a floating storage and regasification unit at Hyundai Heavy Industries (HHI), with an option for an additional vessel. The vessel, to ...
Top Ten Maritime News Stories 02/06/2015
Posted on: Tuesday, June 2nd, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 02/06/2015 1. Terrible Death Toll as Ferry Sinks Hundreds of people are missing and at least five are ...
Hundreds missing after cruise ship sinks in Yangtze River
More than 400 people are missing after a ferry capsized in the middle reaches of the Yangtze River late on 1 June. As of early morning on 2 June, rescuers had set free 10 people from Chongqing ...
Ezra raises $300m to strengthen its balance sheet
Singapore-listed integrated offshore services provider Ezra Holdings has proposed renounceable underwritten rights issue and issue of convertible bonds to raise proceeds of up to USD300 million for ...
Muhibbah Engineering profit up 43.6%
Malaysia-listed marine oil and gas engineering firm Muhibbah Engineering posted a profit of MYR32 million (USD8.68 million), up 43.6% year on year for the first quarter that ended on 31 March ...
Busan to expand cruise terminal
South Korea's Busan port, already the biggest transhipment port in Northeast Asia, wants to improve its cruise facilities. In response to growing cruise passenger numbers in the region, Busan has ...
Evergreen, Arkas to launch new Mediterranean service
Taiwanese carrier Evergreen Line and Turkey's Arkas Line will be co-operating to launch a new West-East Med Service (WEM). The new service will connect the Aegean Sea, the Near East, and the Western ...
Tsuneishi to use drones to improve shipbuilding
Japanese shipbuilder Tsuneishi Holdings plans to use drones to enhance the construction process of ships. It made the announcement on 1 June, following a demonstration test by V-cube, a Japanese ...
In Depth Investigation: Sage Sagittarius Deaths
By Wendy Laursen 2015-06-01 22:26:35 An Australian inquest into the deaths of two seafarers on Sage Sagittarius, the “death ship,” is underway. Australian TV program Four Corners pieces together the ...