Exxon, Rosneft scrap Arctic OSV charters as Russia sanctions bite

Exxon Mobil Corp. and OAO Rosneft terminated contracts for five service vessels operated by Norway’s Siem…

Dozens missing as fishing vessel sinks

A South Korean fishing vessel with 60 people aboard sank yesterday in the Bering Sea, leaving…

Putin expects oil prices to find balance by middle of 2015

Russian President Vladimir Putin said on Friday he was confident the oil market would find its…

Hijacked Indonesian-flagged tanker found

The missing Indonesia-flagged tanker Srikandi 515 has been identified and located at approximately 9nm off Narathiwat province, Thailand…

MHI completes next generation LNG carrier design with apple-shaped tanks

Japan’s Mitsubishi Heavy Industries (MHI) has completed development of the “Sayaringo STaGE,” a next-generation LNG carrier…

Rotterdam Port records second largest cocaine haul

On Friday, November 28, Rotterdam port police discovered around 3,000 kilos of cocaine hidden in a container carrying…

Empty containers easing up at Manila Port

Cabinet Secretary Rene Almendras recently announced that the problem of empty container storage in the Port…

Grimaldi introduces first of six new con-ro ships

Italian shipping group Grimaldi has begun the introduction of a fleet of six new-generation, larger capacity,…

British gov’t launches maritime study to boost growth

The British government launched a study aiming at how to boost British multi-billion pound maritime industry.…

ICS ‘disappointed and concerned’ over EU CO2 reporting moves

The International Chamber of Shipping (ICS) has criticised moves at the EU to mandate Monitoring, Reporting…

APM Terminals Rotterdam awarded European productivity leader

APM Terminals Rotterdam, one of the busiest container terminals in Europe’s largest container port, was cited…

IMO approves IGF Code

International Maritime Organisation, IMO’s Maritime Safety Committee approved, in principle, the draft International Code of Safety…