Libyan Oil Port Re-Opening Delayed
Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port…
MOL Bulk Carrier Arrested in Shanghai
A maritime court in Shanghai has ordered the detention of a Japanese ship having ordered the ship's owner to pay delayed rent and losses to a Chinese firm deting from as long ago as 2007, according to Xinhua. The ship, named BAOSTEEL EMOTION and owned by Japanese shipping firm Mitsui O.S.K. Lines (MOL), was detained at a port in east China's Zhejiang Province. The court ruled on Dec. 7, 2007 that MOL should compensate the Chinese firm 2.9 billion Japanese Yen (28.4 million U.S.
Japan LNG Imports Hit Record Levels
Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the country's shutdowns of nuclear stations…
Container Ship Delivers First Boxes to Great Lakes Port
The US Coast Guard say that the 'Fortunagracht', a 450-foot Dutch-flagged container ship, has delivered the first-ever load of containerized cargo to the Great Lakes. Before the establishment of the Cleveland-Europe Express, shippers relied heavily on rail service to transport goods from the larger east coast container ports, such as New York and Baltimore, to the Great Lakes region. Talks to bring CEE to Cleveland began in the fall with cooperation between the Coast Guard…
Russian Navy Take Over Crimea Combat Dolphins
The combat dolphin program in the Crimean city of Sevastopol will be preserved and redirected towards the interests of the Russian Navy, according to a report by official news agency RIA Novosti. The program, dating to the 1960s, was previously scheduled to be disbanded by the Ukrainian navy in April, but the facility and the dolphins themselves have now become Russian following the recent reunification of Crimea with Russia.
Captain of Korean Ferry Praised Safety in Promotional Video
The captain of a ferry that sank off South Korea's southwestern tip with hundreds feared dead said in a promotional video four years ago that the journey was safe…
Terex Corporation Announces Q1 2014 Financial Results
Terex Corporation (NYSE:TEX) will release its first quarter 2014 financial results on Wednesday, April 30, 2014 after market close. conference call to review the financial results on Thursday…
Deadly Attack In Ukraine Shakes Fragile Geneva Accord
At least three people were killed in a gunfight in the early hours of Sunday near a Ukrainian city controlled by pro-Russian separatists, shaking an already fragile…
Niger Could Sign Deal With Areva soon
The government of Niger, the world's fourth largest uranium producer, is on the verge of renewing an agreement with French state-controlled nuclear group Areva,…
Barclays To Exit Some Commodities Markets
Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley…
Libya's Zueitina Oil Port Reopening Delayed
Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port…
Transas to Participate in ETC-2014
Transas will take part in the ETC-2014 – The second International Forum on Seafarers’ Education, Training and Crewing. The Forum which consists of the Conference…
World Petroleum Congress to be held in Moscow
Deputy Prime Minister of the Russian Federation, Arkady Dvorkovich, has confirmed that the 21st World Petroleum Congress will be held in Moscow from 15 – 19 June 2014.
Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices
Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower product…
Korean Ferry Captain's Detention Could Extend As Death Toll Mounts
South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10 days…
First Bodies Recoved From Sunken Ferry
South Korean divers retrieved three bodies from inside a sunken ferry overnight, officials said on Sunday, the first time they have been able to gain entry to the passenger section of the ship.
Sudanese Militants Kill Two, Kidnap Three At Oil Field
Armed militants killed two security staff and kidnapped a Chinese, an Algerian and a Sudanese worker in an attack on an oil field in Sudan's West Kordofan state…
Mediator Heads To East Ukraine, Seeking Surrenders
A mediator from Europe's OSCE security body headed to eastern Ukraine on Saturday seeking the surrender of pro-Russian separatists as the Kiev government declared…
