Infrastructure improvements at Colombo Port in Sri Lanka will offer "huge advantages" over competitors in the battle for transhipment business in south Asia, according to the Asian Development Bank ...
Asia Development Bank lauds Colombo port improvements
Court blasts EPA ballast water rules
A three-judge panel overturned rules governing the United States's ballast water regime in a significant decision affecting vessel operators trading in US waters. In a 5 October decision, the US Court ...
MOL and NYK Line secure loan for four new LNG carriers
Mitsui OSK Lines (MOL) and NYK Line have received about JPY126.7billion (USD1 billion) to finance four Moss-type LNG carriers currently being built by MI LNG and Kawasaki Heavy Industries (KHI). The ...
Intermarine agrees more newbuildings
US project carrier Intermarine said yesterday that it has reached agreement with Chinese financing partners about the addition of six multipurpose/heavy lift newbuildings to its operated fleet over ...
Thailand Thoresen Agencies diversifies into property
Thailand Thoresen Agencies (TTA), the parent company of Thoresen Shipping, has purchased a stake in Nusasiri (Nusa), a Thai property and real estate company, TTA said in a 5 October stock exchange ...
Thoresen Thai Agencies diversifies into property
Thoresen Thai Agencies (TTA), the parent company of Thoresen Shipping, has purchased a stake in Nusasiri (Nusa), a Thai property and real estate company, TTA said in a 5 October stock exchange ...
Malaysia detains two tankers over illegal ship fuel transfer
The Malaysian Maritime Enforcement Agency (MMEA) officials on 5 October detained two tankers for alleged illegal ship fuel transfer near Pengerang, south of Malaysia. MMEA officials reportedly ...
CCS new rule backs seawater lubricated propellers
China Classification Society's (CCS) new monitoring rules favour seawater lubricated propellers over oil-based systems, according to the Canada-based Thordon Bearings. The class society's revised ...
Safety to the fore at Singapore forum
The 8th Co-operation Forum opened in Singapore on 5 October to discuss challenges faced by the maritime industry including cyber security and the trend towards a sustainable global maritime transport ...
Merchant shipping rejects formal role in migrant rescues
The head of the Danish Shipowners' Association has warned Europe's politicians that merchant shipping must not be seen as central to the rescuing of refugees in the Mediterranean. "We will always do ...
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