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Monthly Archives: May 2016

Perception management: NIMASA on a journey to re-brand for transparency, performance- Peterside

    (TRADE NEWSWIRE): The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the agency is on a journey to changing years of negative brand perception adduced to NIMASA to a corrupt-free and functional maritime regulatory agency in line with the Change Agenda of President Muhammadu Buhari’s administration, TRADE NEWSWIRE reports. A statement ...

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Human Capacity Development: Peterside tasks shipowners to place maritime cadets on board

  (TRADE NEWSWIRE): The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has tasked ship-owners especially the indigenous operators to place maritime cadets on board so as to aid human capacity development in the maritime sector, TRADE NEWSWIRE reports. He said this at a one-day programme organised recently in Lagos by Platform Communications, with the theme ...

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New Pipelines to Ease Qingdao Port Congestion

A group of Chinese companies plans to build new pipeline and storage facilities in eastern Shandong province, the hub for the country’s independent refineries, providing much-needed infrastructure as crude oil imports into the region surge. Shandong, home to nearly 20 independent oil plants nicknamed “teapots” due to their relatively small processing capacity, posted a 65 percent increase in crude imports ...

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Peterside calls for formation of Vertical and Horizontal Strategic alliances to develop maritime sector

  (TRADE NEWSWIRE): The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that formation of vertical and horizontal strategic alliances among players in the maritime sector are required to aid the development of the industry, TRADE NEWSWIRE reports. A statement obtained by TRADE NEWSWIRE from a World-renowned First-rate Public Relations Professional and ...

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Cylindrical FPSO Being Tested for Gulf of Mexico

  Model scale testing of Sevan Marine’s cylindrical FPSO hull is underway for application in the Gulf of Mexico’s ultra-deep water. The research is being conducted under a program organized by the Research Partnership to Secure Energy for America (RPSEA), Doris Inc., Sevan Marine and the Offshore Technology Research Center (OTRC) at Texas A&M University. The model tests at OTRC ...

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Shell Announces 2,200 More Layoffs

Royal Dutch Shell has announced that it will be cutting an additional 2,200 jobs – over and above the layoffs previously planned as part of its merger with BG Group. The oil major laid off 7,500 of its staff last year and already planned to reduce head count by 2,800 more following the merger. The new announcement brings the total ...

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More Migrant Deaths, Call for Global Plan

  A large wooden fishing boat overcrowded with migrants capsized off the coast of Libya, the Italian navy said on Wednesday, with some 562 people rescued and five found dead. Photographs show the blue fishing boat rocking violently before capsizing, sending migrants tumbling into the sea. Some then climbed onto the hull of the overturned vessel, while others swam for ...

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Putin Heads for Greece, Discusses Energy

Russia and the European Union need to build a ‘an equal and fair dialogue’ as partners to overcome their differences, President Vladimir Putin said in an article published in a Greek newspaper on Thursday on an eve of a visit to the country. Western financial sanctions were imposed on Moscow in 2014 over its role in the Ukraine conflict, where ...

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Royal Caribbean Orders Three Ships

Royal Caribbean Cruises has ordered a fifth Oasis-class ship from STX France for delivery in the Spring of 2021. The firm has also ordered two additional Edge-class ships for Celebrity Cruises scheduled for delivery in the Fall of each of 2021 and 2022, also from STX France. The Oasis class are currently the world’s largest passenger ships and include Oasis ...

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Crowley Invests in Puerto Rico Terminal Improvements

Crowley Puerto Rico announced Monday that it will be making an additional $21 million in infrastructure improvements at its port terminal at Isla Grande in San Juan, Puerto Rico. The scope of work includes expanded capacity for reefer containers, 15 acres of paving for container stacking, a new electrical substation for powering cranes, a seven lane terminal exit gate and ...

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Port Capacity in the Balance

  A new report by the Organisation for Economic Cooperation and Development predicts that trade in developing economies will grow around 1.5 times quicker than in developed economies. The report Capacity to Grow: Transport Infrastructure Needs for Future Trade Growth states that hinterland connections will face the largest capacity challenges. These will be strained in Asia and Africa, in particular, ...

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New German Terminal for Norwegian Gas

  A new facility in Germany for receiving gas exports from Norway was officially inaugurated in Emden on Tuesday. The facility replaces the existing Norsea Gas Terminal (NGT), which became operational in 1977 in connection with the development of Norway’s Ekofisk field. It receives a substantial proportion of the Norwegian gas delivered to Germany through the Norpipe pipeline, and has ...

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Oil Terminal Strikes Cut Fuel Supplies in France

Striking workers in France have set up blockades at oil terminals in multiple ports and at all eight of the nation’s refineries, disrupting so much production that nearly a quarter of the nation’s gas stations have run out of fuel to sell. Traders say that queues of tankers have formed off Le Havre, where Total’s Gonfreville and Exxon’s Port Jerome ...

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Dubai opens world’s first 3D printed building

The UAE has become one of the most important incubators for innovation across the globe with the launch of the world’s first fully functional 3D printed building in Dubai, said a report. The unique building on the Emirates Towers premises, which will house the temporary office of the Dubai Future Foundation, was inaugurated by His Highness Shaikh Mohammad Bin Rashid ...

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Forensics head denies EgyptAir explosion reports

Egypt’s head of forensics denied reports that an initial examination of human remains belonging to victims aboard the EgyptAir jet that crashed in the Mediterranean pointed towards an explosion, state news agency Mena said on Tuesday. “Everything published about this matter is completely false, and mere assumptions that did not come from the Forensics Authority,” Mena quoted Hesham Abdelhamid as ...

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Undersea Navigation System Under Development

The U.S. Defense Advanced Research Projects Agency (DARPA) is developing an undersea navigation system aimed at enhancing the U.S. Navy’s ability to provide precise, global positioning throughout the ocean basins. A recently awarded contract to BAE Systems will support a program called the Positioning System for Deep Ocean Navigation (POSYDON), which seeks to allow undersea vehicles to accurately navigate while ...

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Growing Container Throughput in Latin America

The movement of cargo in containers in Latin American and Caribbean ports grew 1.7 percent during 2015, according to figures unveiled in the Economic Commission for Latin America and the Caribbean’s new edition of its ranking of container port throughput. These figures confirm two trends observed during the last years in the region: the slowdown of foreign trade shown by ...

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Chinese Investors in Omani Port Deal

A group of Chinese investors have signed an agreement to build an industrial park at Oman’s southern port of Duqm in a project that could attract billions of dollars of investment, government and company officials said on Monday. The Omani government is working to develop the area around Duqm, on a stretch of barren coast 550 km (345 miles) south ...

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Darwin at Center of Nuclear Waste Controversy

The Maritime Union of Australia (MUA) has said it will fight any plans to allow the world’s spent nuclear fuel rods and radioactive waste to enter Australia through the Port of Darwin. The MUA is outraged that Northern Territory Chief Minister Adam Giles has offered to accept the waste which would then be transported thousands of kilometers to South Australia. ...

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South Africa Detains Three More Chinese Fishing Boats

South Africa’s navy has detained three Chinese ships with around 100 crew on board on suspicion of illegal squid fishing, officials said on Monday. The ships were spotted on Friday having entered South Africa’s 200 nautical mile economic exclusion zone without permits. When South African officials asked the ships to sail to port they attempted to flee but were eventually ...

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NIMASA ready to disburse CVFF to indigenous ship operators if they met loan requirements -Peterside

  (TRADE NEWSWIRE): The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the agency is set to disburse the Cabotage Vessel Financing Fund (CVFF) to indigenous ship operators provided the stipulated loan requirements are met, TRADE NEWSWIRE reports. Petrside said this while responding to questions from Reporters at the Nnamdi Azikiwe International Airport Abuja ...

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Stop this trade!

Indonesia government officials burn confiscated consumer goods made from endangered animals at the Aceh Forestry Ministry Office in Band Aceh, Indonesia, on May 23. The illegal items were confiscated from wild animal poachers and illegal wild animal traders in Aceh as Indonesia’s government continues fighting against the illegal wild animal trade on the black market. EPA/Hotli Simanjuntak

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Abu Dhabi lays off staff as Gulf austerity tightens

Thousands of layoffs at state-linked companies in Abu Dhabi, UAE are a fresh sign the Gulf’s wealthy oil states are hunkering down for a long period of austerity as low crude prices pressure their economies. Since mid-2015, the United Arab Emirates, Saudi Arabia, Qatar and other countries in the region have curbed spending on some construction projects and reduced energy ...

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U.S. Coast Guard: Top Five Cruise Ship Deficiencies

The Coast Guard’s Cruise Ship National Center of Expertise (CSNCOE) has published its spring newsletter highlighting its latest list of the top five deficiencies found on cruise vessels. The deficiencies listed are: •    Fire screen doors not operating properly •    Impeding means of escape – Corridors, doors and hatches in areas designated as escape routes were found to be either ...

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Chinese Box Makers Commit to Waterborne Coatings

Four of China’s largest container manufacturing groups are in the process of changing their box production from solvent-based coatings to waterborne paint. The 2016 Container Owners Association Report on Availability of Waterborne Paints for the Container Industry confirms that the changeover for factories located in South China will take place from July 1, 2016. Changeover for factories in the rest ...

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China Demands End to U.S. Surveillance

Beijing demanded an end to U.S. surveillance near China on Thursday after two of its fighter jets carried out what the Pentagon said was an “unsafe” intercept of a U.S. military reconnaissance aircraft over the South China Sea. The incident, likely to increase tension in and around the contested waterway, took place in international airspace on Tuesday as the plane ...

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Ford to recall 48,700 EcoSport SUVs in India

NEW DELHI: Ford Motor Co has issued a voluntary recall of 48,700 EcoSport sport-utility vehicles (SUVs) in India to fix faulty fuel and brake lines and rear folding seats, the company’s local unit said in a statement on Friday. Ford India Private Ltd will recall 48,000 EcoSport diesel vehicles, made between April 2013 and June 2014, to install a new ...

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SWIFT tells banks to share information on hacks

LONDON: International financial messaging service SWIFT told clients on Friday to share information on attacks on the system to help prevent hackings, after criminals used SWIFT messages to steal US$81 million from the Bangladesh central bank. Earlier on Friday Reuters reported that Wells Fargo, Ecuador’s Banco del Austro and Citibank, whose Managing Director, Franchise Risk & Strategy, Yawar Shah, is ...

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FDA targets sugar in new labeling rules

The U.S. Food and Drug Administration said it would update guidelines for nutritional labels on packaged food and beverages to include information on added sugar and to prominently display calorie count and servings. The move comes at a time the United States is staring at increasing childhood and adult obesity and lifestyle diseases such as heart problems. The FDA said ...

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Experts list proven benefits of exercise for postmenopausal women

Following an exercise program during and after menopause can both reduce menopausal symptoms and preserve heart, muscle, bone and brain health, according to a panel of experts in Spain. Members of the Spanish Menopause Society, Spanish Cardiology Society and Spanish Federation of Sports Medicine came together to draft recommendations on physical activity for older women and reviewed the quality of ...

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Many cancers tied to lifestyle factors

Many cancers in the U.S. could be avoided if Americans adopted healthier lifestyles, according to a new study. People could cut back on their cancer risk by maintaining a healthy body weight, exercising, not abusing alcohol and not smoking, the study suggests. The findings challenge the results of a 2015 report in the journal Science that attributed many cancers simply ...

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CDC says 157 pregnant women in US test positive for Zika

Some 157 pregnant women in the United States and another 122 in U.S. territories have tested positive for infection with the Zika virus, the U.S. Centers for Disease Control and Prevention said on Friday. It was the first time the agency had disclosed the number of Zika-infected pregnant women in the U.S. and its territories. U.S. health officials have previously ...

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Global life expectancy increases by 5 years

Global life expectancy has increased by five years since 2000, touted as the fastest increase since the 1960s. The increase was greatest in Africa where it rose by 9.4 years. The gains reverse declines during the 1990s, when life expectancy fell in Africa because of the AIDS epidemic and in Eastern Europe following the fall of the Soviet Union. The ...

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Saudi sends request for proposals for dollar bond

  The Kingdom of Saudi Arabia has sent banks a request for proposals for a potential US dollar bond, according to several sources. The sovereign is expected to issue in the international capital markets sometime this year to fund a burgeoning fiscal deficit. Earlier this month, Saudi Arabia signed a $10 billion five-year bank loan, the government’s first significant foreign ...

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EgyptAir plane debris ‘found 290 km from Alexandria’

The Egyptian military said on Friday it had found parts of debris from the missing EgyptAir plane 290 km north of the Mediterranean coastal city of Alexandria. The navy has also found some of the passengers’ belongings and is sweeping the area looking for the plane’s black box, the military said in a statement. Earlier, Egypt said the disappearance from ...

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Maritime security: NIMASA restrategises, courts Office of NSA to end piracy in Gulf of Guinea

.Senate expresses confidence in effective implementation of NIMASA 2016 (TRADE NEWSWIRE): The Nigerian Maritime Administration and Safety Agency (NIMASA) has restrategise with respect to maritime security as it is partnering the Office of the National Security Adviser that equally co-ordinate security forces of all the countries in the Gulf of Guinea in a bid to end piracy in the region, ...

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A Quotable State of the Nation

    (TRADE NEWSWIRE): You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time- Abraham Lincoln.   May God Guide Our Leaders Right NIGERIA SHALL BE GREAT   Sulaiman Adenekan A Strategist/ Publisher TRADE NEWSWIRE (www.tradenewswire.net)

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Obasanjo, Amaechi canvass for private participation to stem corruption, aid development in maritime sector

  (TRADE NEWSWIRE): The former President of Nigeria, Chief Olusegun Obasanjo and the Minister of Transport, Rotimi Amaechi, have canvassed for private sector’s participation and stemming of corruption as the way forward for the development of maritime sector in Nigeria, TRADE NEWSWIRE reports. Obasanjo and Amaechi made this clarion call at a 2-Day Stakeholders’ Conference on the Maritime Industry organised ...

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Debris Almost Certainly from Missing MH370

  Two pieces of debris discovered in South Africa and the Mauritian island of Rodrigues are almost certainly from the missing Malaysia Airlines MH370 jetliner, Malaysia’s transport ministry said on Thursday.Flight MH370 disappeared in March 2014 with 239 passengers and crew on board, shortly after taking off from Kuala Lumpur bound for Beijing, in one of the world’s greatest aviation ...

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Hapag-Lloyd Unveils New Shipping Alliance

German container shipping company Hapag Lloyd has announced a new international shipping alliance which is due to start up in April 2017 for initially five years, spanning 18 percent of global container fleet capacity. The group, called THE Alliance includes big Asian and European companies in the latest push for economies of scale in the troubled industry. It will bring ...

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Strategic Positioning: NIMASA analyses ‘SWOT’ to draw Roadmap for development of maritime sector

    (TRADE NEWSWIRE): As part of efforts to strategically reposition the nation’s maritime sector by the Nigerian Maritime Administration and Safety Agency (NIMASA), the agency has commenced a retreat to analyse its Strengths, Weaknesses, Opportunity and Threats-(SWOT Analysis) to enable it draw a ‘Medium-Term Growth Strategy’ to that effect, TRADE NEWSWIRE reports. The Director General, NIMASA, Dr. Dakuku Peterside, ...

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Manpower development: NIMASA partners Texas Southern University on shore-based technical training

  The Nigerian Maritime Administration and Safety Agency is partnering with Texas Southern University on shore-based technical training of maritime sector personnel aimed at having a pool of skilled manpower in order to double the agency’s capacity to carry out its regulatory responsibility efficiently and effectively for the development of the sector, TRADE NEWSWIRE reports. The Director-General of NIMASA, Dr. ...

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NIMASA meets stakeholders to chat way forward for maritime sector

  (TRADE NEWSWIRE): The Nigerian Maritime Administration and Safety Agency (NIMASA) has held a heart-to-heart discussions with stakeholders in the maritime sector in order to chat a way forward for the industry, TRADE NEWSWIRE reports. The Director-General of NIMASA, Dr. Dakuku Peterside, in his open address at the event that was held on Monday in Lagos with the theme ‘Stakeholders ...

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Indonesia, Philippines, Malaysia Act Against Pirates

Indonesia, Malaysia and the Philippines agreed on Thursday to conduct coordinated maritime patrols after a spate of ship hijackings by Islamist militants in the southern Philippines. Most of the piracy in the area is the work of militants from the Abu Sayyaf group operating out of lawless Philippine islands. Indonesia has warned that the problem could reach levels seen off ...

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Royal Navy Boat Warns Off Spanish Vessel with Flares

British media report that the Royal Navy fast patrol boat HMS Sabre fired warning flares across the bow of a Spanish Guardia Civil vessel, the Rio Cedena, as the Cedena tried to pass in front of the American nuclear submarine USS Florida. The incident occurred near Gibraltar last month during the Florida’s port call at the British naval base. Tensions ...

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Will New Panama Canal Boost East Coast Ports?

The $5.2 billion expansion of the Panama Canal was expected to make U.S. East Coast ports more competitive for cargo ships carrying televisions, tennis shoes and other products from Asia. But those hopes are fading. As the wider, deeper canal nears its debut next month, ports that stand to gain aren’t ready to handle the bigger ships that will come ...

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NIMASA pushing for review of Cabotage Act to make it more economically impactful -Peterside

  .Peterside tasks International Oil Companies to patronize indigenous ship operators .‘Oil and Gas sector cannot function in isolation without Maritime sector’ .‘Pollution of Nigerian marine environment will no longer be taken lightly’ .NIMASA levies: ‘No defaulting IOCs will go unpunished’ .Maritime sector is the bedrock of the Nigerian economy   (TRADE NEWSWIRE): The Director General, Nigerian Maritime Administration and ...

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Panama confirms four microcephaly cases tied to Zika

PANAMA CITY: Four babies born with microcephaly linked to the Zika virus have been confirmed in Panama, the health ministry said on Wednesday, out of 264 total cases of the mosquito-borne infection in the country. Public health officials have been concerned about the possibility of a surge in the rare birth defect, seen in worrisome numbers in Brazil, as the ...

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European Shipowners Upbeat After Alang Visit

Ship recycling practices in Alang, India, are gradually improving, and the European Commission should acknowledge this positive development under the E.U. Ship Recycling Regulation, says the European Community Shipowners’ Associations (ECSA) after members visited India. Adopting an overly restrictive approach will discourage first movers and further delay the entry into force of the IMO Hong Kong Convention, says ECSA. Memebers ...

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Smaller Carriers Could Form Third Alliance

As regulators review the proposed CMA CGM-COSCO Ocean Alliance, Alphaliner reports that the carriers left out of the arrangement are contemplating a new “third force” alliance intended to improve the smaller operators’ ability to compete. The Ocean Alliance would pull key carrier members out of the existing Ocean Three, CKYHE and G6 alliances. Analysts estimate that Ocean Alliance, which would ...

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FMC Convenes Port Congestion Panel

On Tuesday, the U.S. Federal Maritime Commission announced a new collaborative summit intended to create solutions to congestion problems at American ports. The Supply Chain Innovation Team Initiative, led by Commissioner Rebecca F. Dye, began its work May 3 in Washington, D.C. The two day meeting will bring together leaders from 34 organizations; its Innovation Leaders include the Port of ...

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ICS Pushes for Greater Balance in Salvage Rules

At the Comité Maritime International (CMI) Conference, in New York this week, the International Chamber of Shipping (ICS) will be pressing to ensure that the proposed revision of the York Antwerp Rules of General Average delivers a clear improvement on the present system and does not touch on fundamental principles. ‘General Average’ is a method of equitably allocating and spreading ...

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Australia Signs $208 Million Deal for 21 Patrol Boats

Australia signed a A$280 million ($208.8 million) contract with naval shipbuilder Austal Ships on Thursday for 21 patrol boats, the first stage of its military expansion, the government said. Naval shipbuilding is an important part of a plan unveiled in February to boost defense spending by nearly A$30 billion ($23.02 billion) over the next 10 years. Building of the 21 ...

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Refugio Beach Oil Spill Successes and Lessons

The California Department of Fish and Wildlife’s Office of Spill Prevention and Response (OSPR) released a report describing and evaluating its response to the Refugio Oil Spill in Santa Barbara. The spill occurred on May 19, 2015, when Plains Pipeline Line 901 leaked and spilled more than 100,000 gallons of oil on land, some of which subsequently reached the ocean ...

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Iran, South Korea Announce Oil & Gas Cooperation

Iran and South Korea have announced multiple new oil and gas cooperation agreements coinciding with South Korean President Park Geun-hye’s goodwill delegation to Tehran. But perhaps the most significant bilateral agreement for Korea’s maritime economy came in a filing Friday on the Korea Exchange: the financially challenged shipyard Daewoo Shipbuilding & Marine Engineering says that it is close to securing ...

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Wind-Powered Offshore Oil Recovery Feasible

  The DNV GL-led WIN WIN Joint Industry Project (JIP) shows that for suitable fields, wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to conventional water injection solutions. For the past year, participants from both the renewable and oil and gas industries have worked together in the DNV GL-led WIN WIN JIP ...

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Four Operators Pre-Qualified for Panama Canal’s Corozal Port

  Four port operators have been pre-qualified to compete for the design, development, financing, construction, operation and maintenance of the Panama Canal’s eastern side Corozal container terminal. The companies were:  APM Terminals B.V. (Netherlands); Terminal Link (France); PSA International Pte., Ltd (Singapore) and Terminal Investment Limited, S.A. (Netherlands). “The result of this process demonstrates the potential of Corozal Port and especially ...

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With Local Options, India May Swap Part of Cheniere LNG

On May 2, India’s Oil Minister Dharmendra Pradhan said that a new pricing contract between India’s Petronet LNG and Qatar’s RasGas had brought the agreed LNG price down to less than $5 per mmBtu, less than half of the price it paid in December and less than a third of benchmark Asian spot prices two years prior. The advantageous rate ...

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GE Wants to be Big Offshore Wind Player

General Electric wants to become a major player in the offshore wind industry and is interested in buying the Areva-Gamesa offshore joint venture Adwen, GE’s new head of renewables said on Tuesday. Following its takeover of the energy assets of French Alstom, GE in November 2015 created a global renewable energy business unit with sales of nine billion euros ($10.42 ...

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Plankton Could Ride Out Global Warming

Plankton have evolved to survive a wide range of conditions, thanks to their unexpectedly vast ocean travels, a new study suggests. These microscopic organisms support the marine food web, providing food for whales, fish and crustaceans. Scientists from University of Technology Sydney in Australia and Imperial College London in the U.K. have been modelling how plankton drift with ocean currents ...

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Hague Court Says India Must Release Italian Guard

A U.N. court has ruled that India must allow an Italian marine detained in Delhi for more than four years to go home, Italy’s Foreign Ministry said on Monday. India acknowledged the ruling but said Salvatore Girone would remain under the authority of its Supreme Court which might impose various conditions on his release. Girone is one of two Italian ...

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Australia Refuses to Release Japanese Whale-Killing Film whaling

The Australia government has denied public access to photos and film of Japanese whaling activities in the Southern Ocean citing the “damage” that such images could cause to Australia’s international relations. On December 7 last year Sea Shepherd Australia Limited instructed the legal office Environmental Defenders Office of NSW (EDO NSW) to submit a Freedom of Information (FOI) request to ...

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The Banking System’s “Safety Trap”

Times for most shipping sectors are very tough, by many standards, even if one takes a long-term historical perspective. The Baltic Dry Index is up almost 100 percent in the last forty days – and still, dry bulk vessels are barely achieving break-even rates on the spot market. Bulker asset prices are very low, despite recent improvement. Bulk carriers older ...

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First U.S.-To-Cuba Cruise Ship in Decades Arrives

The first cruise ship in decades to depart the U.S. for Cuba arrived in Havana on Monday, greeted by cheers from residents who gathered at the docks to greet her. The Adonia, a 700-passenger ship belonging to Carnival’s Fathom brand, docked at Havana’s colonial old town, about 10 days after Cuban authorities lifted a longstanding seaborne-arrival ban for Cuban nationals ...

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Loss of Ocean Oxygen Noticeable by 2030

  A drop in the amount of oxygen dissolved in the oceans due to climate change is already discernible in some parts of the world and should be evident across large parts of the ocean between 2030 and 2040, according to a new study. Scientists know that a warming climate can be expected to gradually sap oceans of oxygen, leaving ...

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Russia Readies Nuclear Container Ship

  The world’s only nuclear-powered container ship Sevmorput is being readied to transport building materials to Russia’s new military base on Kotelny Island in the New Siberian Islands. The vessel is being loaded with building materials at Murmansk port, and is expected to depart on May 5. The voyage will be the ship’s first along the Northern Sea Route in ...

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South Korea Revives GPS Backup After Cyber Attack

South Korea has revived a project to build a backup ship navigation system that would be difficult to hack after a recent wave of GPS signal jamming attacks it blamed on North Korea disrupted fishing vessel operations, officials say. Global Positioning System (GPS) and other electronic navigation aids are vulnerable to signal loss from solar weather effects, radio and satellite ...

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All Australian Submarines to be Built in Australia

French Prime Minister Manuel Valls said on Monday he wasew Australian submarine fleet in Australia, apparently contradic committed to building all of a nting the French contractor who said last week the deal would create jobs in France. Valls stopped off in Australia while headed to New Zealand for a scheduled visit, just days after Prime Minister Malcolm Turnbull said ...

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Luring European Owners to Green Recycling Yards

  The E.U. has decided to introduce its own ship recycling regulations, and a list of yards that are acceptable is expected to be released later this year. In the meantime, it is Asian shipowners, rather than European ones, that are supporting the recycling yards that have worked to achieve compliance with the IMO’s Hong Kong Convention. The Priya Blue ...

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