China Cosco Holdings Co, the country's biggest shipping company, reported an annual net loss of 9.56 billion yuan ($1.54 billion) in 2012, due to the downturn in the dry-bulk market, which has seriously depressed shipping rates. Sales rose 4.6 percent from a year earlier to 72.06 billion yuan, and its net ... Read More

  Harry Theochari, Global Head of Transport, Norton Rose Harry Theochari of Norton Rose said eco ships are attractive to many A large majority of the shipping industry sees improving fuel efficiency as the most important area to focus assets, according to a new study of transportation sectors by international law firm ... Read More

China Shipping Development Co. (1138)’s venture will order six liquefied natural gas tankers worth about $1.2 billion by June to tap the nation’s rising demand for cleaner fuel, Chairman Li Shaode said. “We will expand LNG transportation business to make it become a new profit growth driver as soon as possible,” ... Read More

Chairman of the International Chamber of Shipping (ICS), Mr Masamichi Morooka Stringent measures to reduce shipping’s impact on the environment need to also be economically sustainable, warns the Chairman of the International Chamber of Shipping (ICS). Speaking at this week’s Connecticut Maritime Association event in USA, Mr Masamichi Morooka told delegates: ... Read More

Port of Amsterdam starts with sustainable film on patrol vessel (TRADE NEWSWIRE): Damen Shipyards (Gorinchem, Netherlands) and the Port of Amsterdam has launched a pilot project to test Thorn-D®, a relatively new antifouling film that is applied to ships’ hulls below the water line, TRADE NEWSWIRE reports. I a statement obtained ... Read More

 (TRADE NEWSWIRE): Damen Shipyards Group has concluded contract signing agreement with DMS Maritime Pty Limited, on several line of its vessel products said to be eleven in number including  Rescue Gear Ship 9316, which would  be used to support the Royal Australian Navy’s submarine fleet, TRADE NEWSWIRE reports. Damen's Communication Advisor, Communications Advisor, Jan-Hein Reeringh, in a ... Read More

Sembcorp Marine’s subsidiary Jurong Shipyard (JSPL), and Prosafe have finalised a contract for JSPL to build the second unit of a new generation harsh-environment accommodation semi-submersible worth US$295.2 million. This follows the Letter of Intent announced by Sembcorp Marine and Prosafe earlier in October this year. Scheduled for delivery no later ... Read More

The research vessel Roger Revelle, owned by the U.S. Navy’s Office of Naval Research and operated by Scripps Institution of Oceanography at UC San Diego, returns to San Diego after a six-year deployment. Roger Revelle (1909-1991), the ship’s namesake, was director of Scripps Institution of Oceanography from 1951 to 1964. Long ... Read More

A&P Falmouth is soon to drydock the Condor Express, one of the aluminium fast cats operated by Condor Ferries. Falmouth regularly drydocks the conventional Condor ferries, Condor Clipper and Condor Goodwill, but will now also see the aluminium catamaran Condor Express arrive for drydocking during November. Work will include hull painting, ... Read More

DUNCAN, the sixth and final Type 45 destroyer built by BAE Systems, set sail on November 16 from the company’s Scotstoun shipyard on the Clyde to embark on her second stage sea trials off the west coast of Scotland. During the next 19 days at sea, DUNCAN will undertake an extensive ... Read More