Monday, Jul. 24, 2017

Archive for News

Investment ratio to GDP grows in FY16

Investment ratio to GDP grows in FY16

Posted On: June 11, 2016

The investment ratio to GDP in the outgoing fiscal year (FY16) slightly increased to 29.38 per cent compared [...]

IMO Endorses Common Structural Rules

IMO Endorses Common Structural Rules

Posted On: May 14, 2016

IMO’s Maritime Safety Committee (MSC) has confirmed that ship construction rules for oil tankers and bulk carriers submitted [...]

South Korean Yards Suffer Due to “Heavy Tail” Deals

South Korean Yards Suffer Due to “Heavy Tail” Deals

Posted On: May 09, 2016

Debts owed by South Korea’s top shipbuilders have more than doubled since 2010. The combined borrowings by Hyundai [...]

Collision: Two Dead, Seventeen Missing

Collision: Two Dead, Seventeen Missing

Posted On: May 08, 2016

Seventeen people are missing after a Chinese fishing boat collided with a Maltese bulk carrier and sank in [...]

Carnival’s Newbuilds Focus on Asian Tourism

Carnival’s Newbuilds Focus on Asian Tourism

Posted On: January 04, 2016

Carnival Corporation has signed an agreement with Italian shipbuilder Fincantieri to build four new cruise ships with final [...]

Shell Gets Final Approval for Arctic Drilling

Shell Gets Final Approval for Arctic Drilling

Posted On: July 26, 2015

The U.S. Bureau of Safety and Environmental Enforcement approved Shell’s final drilling permits, which was the last hurdle [...]

First Ships Test Egypt’s New Suez Canal

First Ships Test Egypt’s New Suez Canal

Posted On: July 26, 2015

The first cargo ships passed through Egypt’s New Suez Canal on Saturday in a test-run before it opens [...]

China Plays Down South China Sea Exercises

China Plays Down South China Sea Exercises

Posted On: July 26, 2015

The Chinese navy played down recent military drills in the South China Sea and criticized other countries for [...]

SOLAS Amendments Agreed for Onboard Lifting

SOLAS Amendments Agreed for Onboard Lifting

Posted On: June 23, 2015

After more than eight years work, IMO member states have agreed there is a need for an amendment [...]

Pemex Confirms Gulf Oil Platform Accident

Pemex Confirms Gulf Oil Platform Accident

Posted On: June 23, 2015

Mexico’s state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one [...]