Headlines

Makamin Offshore Sues PACC for USD 58.6 Million

14th December, 2016

Singapore-listed PACC Offshore Services has announced that Saudi Arabia-based Makamin Offshore is claiming SAR220m ($58.6m) in alleged damages against. . Read More

Spark Capital Advisors visit JNPT to explore investment opportunities

13th December, 2016

Jawaharlal Nehru Port Trust (JNPT), arranged an interactive session for a group of investment bankers convened by Spark Capital Advisors on 7th Decemb. . Read More

Worker Dies in Chittagong Shipbreaking Yard

13th December, 2016

A worker died while dismantling German container ship Viktoria Wulff at Arefin shipbreaking yard in Chittagong, Bangladesh, on December 4, 2016, the . . Read More

INDRA NAVY Joint Indo-Russia Naval Exercise to be Held in Bay of Bengal

13th December, 2016

The 9th edition of exercise INDRA NAVY, an annual bilateral maritime exercise between Indian Navy and Russian Navy will be conducted in the Bay of Ben. . Read More

Danish Authorities Identify 12 Lines Flouting Emission Rules

12th December, 2016

Danish authorities have sniffed out 12 shipping lines so far this year for using banned high sulphur fuel. Denmark sits in the middle of the Baltic EC. . Read More

Sri Lankan Naval Troops Fire Warning Shots on Striking Dock Workers

12th December, 2016

Sri Lankan naval troops fired warning shots on Saturday to break up a protest by striking dock workers who had held up a Japanese car carrier for four. . Read More

ICG to Host Four Member BCG Delegation

12th December, 2016

The Indian Coast Guard is hosting a four member delegation led by Director General, Bangladesh Coast Guard (BCG) Rear Admiral Aurangzeb Chowdhury who . . Read More

Ardent Completes Removal of Sunken Troll Solution Jack-Up

8th December, 2016

Marine services provider Ardent completed the removal of the sunken Troll Solution jack-up in November, 2016, which represented the company’s larg. . Read More

Dozens Reported Missing as Ferry Sinks of Yemen

8th December, 2016

At least 35 people have been rescued, while dozens more are missing after a ferry sank some 380 kilometres off the coast of Yemen, Reuters cited a Yem. . Read More

Shippers in US Call for New Policy Regarding Unfair Cargo Fees

8th December, 2016

The National Retail Federation and a coalition representing retailers, manufacturers, truckers, transportation intermediaries and other business group. . Read More

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