In the challenging market environment of shipping, improving efficiency is the key for cost reduction in balancing the company's financials, said Tung Chee Chen, chairman of Orient Overseas ...
Orient Overseas values IT growth for efficiency
Top Ten Maritime News Stories 23/04/2015
Posted on: Thursday, April 23rd, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 23/04/2015 1. Banks Back Efficient Ships Carbon War Room announced that several leading banks in ...
Second PNG Gas Project Operational by 2021
By MarEx 2015-04-22 23:59:04 First shipments from a new LNG project in Papua New Guinea operated by Total are expected in 2021, a top executive involved in the project said on Wednesday. Total and ...
MPA signs MOU with World Maritime University
The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MOU) with the World Maritime University (WMU) to train and build global maritime capacities. The MOU was ...
Marshall Islands flag scores best performance in South Korea
The Marshall Islands flag has its best year in South Korea in 2014, despite liquidity issues afflicting the country's chaebol-linked shipping companies. Annie Ng, head of Asia at International ...
East African Deepwater Spending to Increase
By Wendy Laursen 2015-04-22 20:47:34 Despite imminent project delays, global deepwater expenditure is expected to increase by 69 percent to reach a total of $210 billion between 2015 and 2019. Africa ...
Abu Dhabi Boosts Offshore Oil Investment
By MarEx 2015-04-22 20:02:17 Abu Dhabi plans to invest over $25 billion in the next five years on boosting its oil production capacity from offshore fields, a senior official of Abu Dhabi National ...
Container Ship Widening Improves EEDI, Profitability
By MarEx 2015-04-22 19:49:16 German shipowner Reederei NSB has developed a unique concept to widen container ships. The widening will increase the TEU capacity of a ship by more than 20 percent, and ...
Bulk Carrier Grounds in Michigan
By Wendy Laursen 2015-04-22 19:22:48 The U.S. Coast Guard is responding to a 603-foot bulk carrier which ran aground in the St. Marys River near De Tour Village, Michigan, early on Wednesday. The ...
MPA and WMU Cooperate on Leadership Training
By MarEx 2015-04-22 18:02:29 MPA Academy, the training arm of the Maritime and Port Authority of Singapore (MPA), and the World Maritime University (WMU) have signed a Memorandum of Understanding ...
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