SAAM Smit Towage has signed a contract to buy a new tug from Damen Shipyards for delivery in early 2016.

The search for the missing ro-ro cargo ship El Faro, believed to have sunk, has been called off late on Wednesday, the US Coast Guard (USCG) announced.

Bunker supplier Chemoil Energy, subsidiary of Glencore, has disposed of its 49% stake in a joint venture Chemoil-Adani to its other partner.

The US National Transportation Safety Board (NTSB) is launching a ‘Go Team’ to Jacksonville to start an investigation into the loss of the ro-ro cargo ship El Faro, which was last heard from on 1 October.

Rolls-Royce will lay off up to 400 staff worldwide under its marine business by the end of 2016, on top of the reduction of 600 employees previously announced in May, due to the negative impact from low oil prices and subsequent decline in orders.

Ships plying the Straits of Malacca and Singapore (SOMS) can expect to receive aid for better voyage planning and greater navigational safety with new Electronic Navigational Charts (ENCs).

Leaders of the four largest ship management groups riffed harmoniously on the advantages of scale when they shared a conference panel during London Internal Shipping Week yesterday.

The Malaysia Maritime Enforcement Agency (MMEA) has detained two foreign-flagged ships for illegally transferring bunker fuel in Malaysia’s Pengerang waters on Monday, reports said.

Fukuoka-based Eco Marine Power (EMP) has inked a cooperation with Furukawa Battery Company of Japan to roll out a range of marine battery solutions for use onboard ships or offshore platforms.

The Maritime and Port Authority of Singapore (MPA) has warned of reduced visibility in the Singapore Strait and port waters since Monday due to haze.

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