Latest Maritime News

CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume,

US Wells Shuttered as Prices Better Small Producers

Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash

‘Maritime Spectrum’ of CMMI a Big Draw

  For The Company of Master Mariners of India, the conference “Maritime Spectrum” that comes at the turn of each year has become a brand in itself, and each one

New Record for Petrobras Brazilian Refineries

  Petrobras’ refineries in Brazil achieved a new annual oil processing record in 2014. The average volume processed was 2.1 million barrels of oil per day (bpd), up 34,000 bpd (1.

Technip Bags 2 Stone Energy's Contracts

Leveraging its unique subsea vertical integration -   Unique vertical integration - Technip to design, manufacture and install the flexible pipe -   First class

ms Veendam Rescues Pilot Off Maui Coast, Hawaii

  On Sunday, Jan. 25, 2015, at 5:21 p.m. local time while en route to Lahaina, Hawaii, Holland America Line’s ms Veendam answered a request for assistance from

Panama Flag Approval for Seagull

  Seagull Maritime has become the first overseas company to secure training centre approval from the Panama Maritime Authority following the PMA’s 2014 change of leadership.

Abu Dhabi Ports Invests in Management Software

  Abu Dhabi Ports is implementing a brand new terminal operating system (TOS) which will enhance the general cargo operations at the emirate’s ports, significantly

Baby Medevaced from Cruiseship in Gulf of Mexico

  A Coast Guard helicopter crew medevaced an 8-month-old baby girl from the cruise ship Carnival Triumph early Monday morning, 140 miles southeast of Galveston.

Sino-Global to Acquire Tanker

  Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the "MOU"),

Investment Impact in Inland Waterways System

  The National Waterways Foundation (NWF) has commissioned and released a two-year, ground-breaking study by the University of Tennessee and the University of Kentucky,

COSCO Piraeus Pier III Inaugurated

  The Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal(PCT) was held yesterday. Premier Li Keqiang of China sent a congratulatory message, which was read by Mr.

Launch of Asian Marine Casualty Forum

  The Crisis in Global Maritime Casualty Response – Now Is the Time To Act – An industry Forum Designed to Promote Change An industry forum aimed at producing

Nordbank Eyes Bad Shipping Debt Deals

The world’s largest financier of ships HSH Nordbank AG wants to move forward in 2015 with the removal of bad shipping loans that racked up during a seven-year glut in the global container fleet,

China Warns India, US on Regional Conflict

There is no need for India and the United States to have concerns on navigation and over flight over the disputed South China Sea, says China. "The situation in

Revisions Proposed for Seaway Practices and Procedures

Under agreement with the U.S. Saint Lawrence Seaway Development Corporation, The St. Lawrence Seaway Management Corporation is proposing to amend the joint Practices

The 2nd Ballast Water Management Summit

Sign-up for this year’s most in-depth exchange of information and best venue for BWT stakeholders to network and meet regulatory peers is underway.   Infocast’s

US Regulators Should Study Oil Slump -CFTC Official

U.S. futures market regulators should review the decline in crude oil prices to gain a better understanding of the slide as they pursue rules to crack down on speculation in commodities,

Britain to Ban Fracking in National Parks

Britain said on Monday it would ban fracking in national parks, reversing a policy announced last year, in a concession to the opposition Labour Party which had

Global Oil Prices Likely to Stay Relatively Low -Biden

Global oil prices are likely to remain relatively low over the next several years, U.S. Vice Joe Biden told a Caribbean energy security summit on Monday.   "Now under $50 a barrel .

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