The US and the EU withdrew sanctions imposed on Iran, paving the way for trade relations with the Middle-Eastern country.
The sanctions were relaxed after the nuclear monitoring body International Atomic Energy Agency (IAEA) confirmed that Iran conformed to the rules laid down by the Joint Comprehensive Plan of Action last July.
An agreement was reached in July, 2015 between Iran, the five permanent members of the UN and the EU, over curbs on Iran's nuclear programme.
An underwater sonar vehicle towfish, attached to the ship Fugro Discovery, ran aground in the southern expanse of the Indian ocean after hitting a submerged mud volcano.
The fleet was part of an operation launched by the Australian Joint Agency Coordination Center (JACC) to scourge for the wreckage of the missing Malaysia Airlines Flight MH370 en route from Kuala Lumpur to Beijing.
The flight with 239 passengers and crew on-board disappeared in March 2014. It is thought to have crashed following its disappearance from the radar.
China Merchants Holdings International Company (CMHI) purchased approximately 1,180 million H-shares in Dalian Port, in Liaoning province, China.
The share agreement is worth approximately HKD4.332bn ($558m) or HKD3.67 per H-share.
The subscription shares accounts for an estimated 26.67% of the existing issued share capital of Dalian Port and 21.05% of the issued share capital of Dalian Port as enlarged by the allotment and issuance of the subscription shares.
A new action plan has been laid down by the Danish Maritime Authority (DMA) to tighten the regulatory grip on ship's sulphur emissions in both Denmark and the Sulphur Emission Control Areas (SECA) countries.
Launched along with the Danish Environmental Protection Agency (EPA) and the Danish Ship owners' Association, the action plan is an extension of the previous surveys and inferences drawn from a similar plan done in 2014 and 2015.
The new action plan seeks to further pursue the experiences that were gathered by undertaking surveillance from the air and control in ports.
Norwegian Cruise Line launched The Norwegian Edge, a $400m refurbishment programme to be implemented over two years.
Under the programme, the cruise line will refurbish its fleet's infrastructure, introduce new culinary experiences and upgrade two premier private island destinations.
Norwegian Cruise Line president and chief operating officer Andy Stuart said: "The new standards of The Norwegian Edge programme will entice our guests to return again and again to ships that will look and feel as if they were just delivered, with all new menus and new dining experiences, visiting incredible exclusive destinations that reflect the quality finishes, amenities and outstanding service found across the Norwegian fleet."
Abu Dhabi Terminals (ADT) unveiled plans to begin the next phase of expansion of Khalifa Port Container Terminal (KPCT) and addition of new equipment in 2016 and 2017, in a bid to cater to the growing demand.
The expansion plan will include adding three additional ship-to-shore (STS) gantry cranes and ten automated rail mounted gantry (ARMG) cranes over the next two years to augment the terminal capacity and pave the way for growing needs in the future.
It is estimated that following the expansion, the annual throughput at Abu Dhabi's container port will increase to 2.5 million twenty-foot equivalent units (TEU).
Finnish corporation Wartsila launched a new concept featuring a series shuttle ferries, which it claims feature zero or low emissions.
The concept is aligned with the Norwegian Government's new environmental regulations for ferries that seek to eliminate harmful emissions.
Wärtsilä Ship Design and Electrical and Automation offices had partnered to develop this concept which promotes a single solution providing customers with an optimised design and a single point of contact, thereby streamlining the engineering, integration, and follow-up procedures throughout the project phase.
The Indian Ministry of Shipping unveiled the Project Green Ports initiative to sustain and preserve the environment.
The project will have two verticals, the Green Ports Initiatives pertaining to the environmental issues and Clean India initiative launched by the Prime Minister Narendra modi.
Project Green Ports will be implemented at 12 major ports in the cities of Kandla, Mumbai, Marmugao, New Mangalore, Cochin, Chennai, Ennore, Visakhapatnam, Paradip and Kolkata.
Norwegian Cruise Line subsidiary Regent Seven Seas Cruises announced a $125m refurbishment programme across its fleet over a two-year period.
The programme will refurbish the public places and suites modelled on Seven Seas Explorer.
Seven Seas Navigator will be the first to undergo the upgrade, followed by Seven Seas Voyager in late 2016 and Seven Seas Mariner in the 2017.
A new set of cyber security guidelines has been launched for the shipping industry, the first such guidelines designed to assist global firms to tackle potential cyber attacks.
Launched by Baltic and International Maritime Council (BIMCO) along with other shipping associations such as CLIA, ICS, Intercargo and Intertanko and other stakeholders, the guidelines will assist shipping industries to avert major safety, environmental and commercial risk that can culminate to a potential cyber security attack onboard the ship.
BIMCO security general Angus Frew said: "The aim is to provide the shipping industry with clear and comprehensive information on cyber security risks to ships enabling ship-owners to take measures to protect against attacks and to deal with the eventuality of cyber incidents.