Perpetrators tried to board a containership owned by Singapore’s Pacific International Lines (PIL) while the vessel was sailing on the high sea in the Gulf of Guinea on February 21, 2019. More than four men armed with guns onboard an unlit fast boat attempted to board the 3,889 TEU Kota Satria, piracy watchdog ReCAAP ISC informed. […]

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The European Commission has added six new yards to the List. These include 3 yards from the EU – in Italy, Finland and Denmark, and for the first time, 3 yards located outside the EU – 2 yards in Turkey and one yard in the United States. From 31 December 2018, the EU Ship Recycling Regulation requires […]

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COSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO Shipping Heavy Industry. In an effort to centralize operations and management, the company said it will dispose of a 51% equity interest in COSCO Shipyard Group, a 50% equity interest in […]

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CHITTAGONG, Apr 25: The Chittagong Port Authority (CPA) is going to arrange a first ever Bangladesh Port Expo-2017 on Thursday marking the 130th Port day, reports BSS. The two-day exposition will be held at the CPA car shed in the port city, sources concerned said. Prime Minister Sheikh Hasina is expected to inaugurate the expo […]

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