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Panama says sunken Iranian tanker had papers in order

Panama City - An international team of experts from China, Iran, Hong Kong and the crew’s home countries would be analyzing the voyage data recorder, a device that monitors the vessel’s progress, to determine the cause of the collision.

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China says sunken Iranian tanker may now be leaking heavy oil

Beijing - It was unclear how much bunker fuel was left aboard the tanker when it sank on Sunday after being ablaze for days but experts estimated it may have been carrying about 1,000 tonnes at the time of collision.

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Rolls-Royce shares jump as commercial marine unit goes on the block

London - Britain’s Rolls-Royce said it was considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets.

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ILVA: government protects Cornigliano plant

Genoa - ILVA’s Genoa workers have been recognised by the company’s Programme Agreement, in which one of the binding points is a guarantee of upholding employment levels in exchange for the concession of 1.2 million sqm of land to ILVA’s holding company.

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CMA CGM sees calmer waters for container shipping, looks landwards

Paris - Container lines, which transport everything from televisions to fresh fruit and dominate global freight volumes, are emerging from a severe downturn that culminated in last year’s collapse of South Korea’s Hanjin Shipping.

Ostia Creates First University Course In “Marine Engineering”
Switzerland, Uft Invests In Innovation
Lng Supply For Ships In Marghera
Gioia Tauro, Filt Cgil: “Great Concern”

Gioia Tauro, Filt Cgil: “Great Concern”

Gioia Tauro - The italian union assessed the situation in the Calabrian port, explaining that “the non-adherence to commitments undertaken by certain signatories of the framework agreement, signed at Palazzo Chigi, produces feelings of great astonishment”.

Palermo, Cruise Terminal Design Competition
Statoil may build onshore terminal for Castberg oil
Danish cruise passengers eliminate Copenhagen
Japan sees little chance of oil slick from sunk tanker reaching its coast
Mumbai to build a new cruise terminal

Mumbai to build a new cruise terminal

Mumbai - Construction work has commenced on a new cruise terminal at India’s Mumbai Port, which is being built with an investment of around Rs3bn ($47m). The terminal is set to be completed by June next year. The new facility will comprise a total area of 415,000ft2 and will be able to handle 200 ships

Maldives security forces capture pirate vessels