On September 2nd, the Chinese Government ordered the integration of business operations of state-owned China Merchants Energy Shipping (CMES) and Sinotrans & CSC Group to reform its state-run shipping sector.  Since August, both the...

Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) has the world’s largest ocean shipping fleet.  MOL, in collaboration with MOL-Techno-Trade, Ouchi Ocean Consultant, Akishima Laboratory and University of Tokyo has developed and designed windshields for containerships,...

The U.S. officials confirmed the presence of five Chinese naval ships positioned in the Bering Sea off the coast of Alaska, where the US President Barack Obama is visiting as part of his three-day tour of Alaska. US...

Republic of Singapore Navy (RSN) chased away pirates in Singapore Strait and safely escorted the tugboat into singapore waters.Singapore’s Port Operations Control Centre received a signal from Malaysian-flagged Permata 1 on Tuesday morning. Pirates...

The government officials in northern Somalia have shared their concerns over the revival of piracy.  They have requested the foreign nations and the naval armada patrolling the coast to contribute in creating jobs in...

Drones are gaining much momentum in the shipbuilding industry.  To save time and expedite the process, shipowners have started using Drones that is very much capable of accessing the most difficult spaces where human...

https://www.youtube.com/watch?v=mMG1SdeYLFE&feature=youtu.be https://www.youtube.com/watch?v=mMG1SdeYLFE&feature=youtu.be https://www.youtube.com/watch?v=mMG1SdeYLFE&feature=youtu.be https://www.youtube.com/watch?v=mMG1SdeYLFE&feature=youtu.be Maersk Peary, built in 2004, has been travelling to one of the world’s remote destinations. It was on behalf of the Operation Deep Freeze, an annual resupply mission. The vessel travelled to McMurdo Station...

OOCL, a Hong Kong based multinational, owned by Orient Overseas International Limited, is one of the world's largest integrated international container transportation, logistics and terminal companies.  As one of Hong Kong's most recognized global brands,...

Chrissie Hynde, The Pretenders' singer, blamed herself for a sexual assault and added women  have to take responsibility.  Her remark was followed by a poll on whether rape was ever a woman's fault in...

Euronav, a Belgian Oil tanker and Storage firm, headquartered at Antwerp, has signed a 7-year-revolving credit facility with DNB Bank and Nordea.  This arrangement will help to avail the credit facility by refinancing the...