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China May Give Philippines Some Access to Scarborough

October 19, 2016

China will consider giving Filipino fishermen conditional access to disputed waters in the South China Sea after the presidents of the two countries meet in Beijing this week, two Chinese sources with...

Shedding More Light on Chinese Naval Operations

October 19, 2016

[By James E. Fanell and Ryan D. Martinson] From Newport to New Delhi, a tremendous effort is underway to document and analyze China’s pursuit of maritime power. Led by experts in think tanks and ac...

Petrobras Workers' Union Rejects Pay Offer

October 19, 2016

Brazilian oilworkers' unions said they rejected a sweetened pay offer from Petroleo Brasileiro SA in annual salary talks on Wednesday, raising chances of a second major strike in two years at the stat...

Weather Hampers Response to B.C. Tug Sinking

By The Maritime Executive

October 19, 2016

The Heiltsuk Tribal Council of Bella Bella, B.C. said Wednesday that high winds have delayed the response to the sinking of the ATB tug Nathan E. Stewart and the associated fuel spill. Responders...

ING Calls Loans on Dutch Freighter Firm

By The Maritime Executive

October 19, 2016

The Dutch freighter firm Flinter has confirmed that creditor ING Bank has accelerated its credit lines, prompting Flinter to file for a suspension of payments. "After eight years of fighting hard...

Gearbulk and Grieg Star Combine Their Fleets

By The Maritime Executive

October 19, 2016

Gearbulk and Grieg Star announced Wednesday that they will be combining their efforts to form a single dry bulk shipping company. The joint venture will operate the parties’ combined fleet of open...

Regulators Approve SGX Takeover of Baltic Exchange

October 19, 2016

Britain's Financial Conduct Authority (FCA) has approved Singapore Exchange's 87 million pound ($107 million) takeover of London's Baltic Exchange after shareholders gave the green light for the deal...

Exxon Dismisses Saudi Prediction of Oil Crunch

October 19, 2016

Exxon Mobil's boss Rex Tillerson told Saudi Arabia's energy minister on Wednesday that fears of a new global oil supply crunch were exaggerated as the U.S. oil industry was adapting to the low price s...

ABS, SHI Conclude JDP for New TLP Design

By The Maritime Executive

October 19, 2016

ABS, the leading provider of classification and technical services to the offshore industry, and Samsung Heavy Industries (SHI) of South Korea announce the conclusion of a joint development project (J...

Joint Industry Submission Addresses the Sector's CO2 Emissions

By The Maritime Executive

October 19, 2016

In advance of next week’s critical meeting of the Marine Environment Protection Committee (MEPC 70) at the International Maritime Organization (IMO) in London, the global shipping industry has called...

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