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China to Penalize Offshore Companies for Spills

September 5, 2016

The Chinese government is considering imposing penalties on offshore oil companies that damage the marine environment, state media said on Monday, the latest effort by Beijing to clamp down on environ...

DP World Wins Somaliland Concession

By The Maritime Executive

September 5, 2016

Dubai's DP World has won a 30 year concession to manage and develop a port in the breakaway Somalia region of Somaliland that will require an investment of $442 million, the ports operator said in a s...

More Ballastic Missiles Fired by North Korea

September 5, 2016

North Korea fired three ballistic missiles into the sea off its east coast on Monday, the South Korean and U.S. militaries said, as the leaders of the Group of 20 major economies held a summit in Chin...

Philippines to Increase Defense Spending

September 5, 2016

The Philippines is proposing a 14 percent increase in defense spending next year to buy new ships and aircraft to boost its fight against Islamist militants and enhance maritime security in the disput...

Bulgaria Hopes to Attract Russia to Gas Hub

September 5, 2016

Bulgaria plans a feasibility study next year for a 1.5 billion euros ($1.67 billion) natural gas hub at the Black Sea port of Varna that would store and transport gas from Russia and the Caspian Sea t...

Wilhelmsen and Wallenius to Merge

By The Maritime Executive

September 5, 2016

Wilhelmsen and Wallenius have signed a letter of intent to establish a new ownership structure for their jointly owned investments. The new entity, Wallenius Wilhelmsen Logistics ASA, will form a more...

G20: China, Japan Seek Better Ties

September 5, 2016

China and Japan agreed on Monday to improve relations but still lectured each other over maritime rows that remain a recurrent flashpoint. Ties between the two countries, which have Asia's largest...

Thousands of Migrants Saved Off Libya

September 5, 2016

Fifteen bodies were recovered and more than 2,700 boat migrants rescued off the coast of Libya on Monday, the Italian coastguard said, in another day of mass departures from north Africa. Italy's n...

More Clarity on LNG Bunkering Coming

By Wendy Laursen

September 5, 2016

More guidance on LNG bunkering will be available to the industry next month. The Society for Gas as a Marine Fuel (SGMF) was established to promote safety and industry best practice in the use of gas...

Truckers Protest in Calais

September 5, 2016

Truck drivers and farmers blocked traffic on the motorway approach to France's northern port of Calais for part of Monday, demanding the closure of a migrant camp they blame for mounting insecurity an...

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