Libyan Navy Ship Hit During Fighting in Benghazi Port, Smoke Rising
A Libyan navy ship docked at Benghazi port was hit during heavy fighting on Monday between the army and Islamist fighters in Libya's second-largest city, residents said.
New DEC 3500 Controller from Kohler
Kohler’s newly designed Decision-Maker 3500 (DEC 3500) controller is equipped with paralleling and load-management software – allowing for automatic paralleling of two generators without the cost and extra footprint of switchgear. “While load requirements have increased due to advanced electronics equipment, onboard space is still at a premium,” said Frank Formas of Kohler Power Systems. The DEC 3500 offers a newly designed customer interface for easier data entry and retrieval.
Freight Rate Peak Forecasted for 2016
The supply/demand imbalance that drove dry bulk markets down to 2009 levels during the first half of the year is set for adjustment, with Newport Shipping Group predicting an improved tonnage balance over the next couple of years, resulting in a freight rate peak in the 2016/2017 period. “The dry bulk markets during the first half of 2014, especially Panamax, Supramax and Handysize, have not been at these low levels since the financial crisis in early 2009…
Carnival to Update Entire Fleet's Internet Service
WiFi@Sea high-speed network will combine land-based systems and advanced satellite connectivity designed to give passengers faster, more stable and powerful internet service at sea. With connectivity speeds that can be roughly 10 times faster than ever before, passengers will be able to share their cruise experience via Internet, email and social media in real time. Carnival Corporation & plc has unveiled…
Order Placed for First Gas-Powered Car Carriers
Dual-fuel ME-GI engine adds important reference to growing list. United European Car Carriers (UECC) has signed a contract for the construction of two LNG-powered Pure Car/Truck Carriers (PCTCs).
Production Begins at North Sea Golden Eagle Field
Denmark's Maersk Oil, a unit of conglomerate A.P. Moller-Maersk , said on Monday oil production from the Golden Eagle field in Britain's North Sea had started. There…
Heavy Clashes Near Benghazi Seaport
Heavy fighting broke out near the seaport of Libya's eastern Benghazi city on Monday as the army, backed by forces loyal to a former general, attacked Islamist groups, residents said.
Egyptian LNG Import Terminal Deal Finalized
Egypt finalized a deal with Norway's Hoegh LNG for a long-delayed liquefied natural gas import terminal on Monday that will eventually help the power-hungry country resolve a chronic energy shortage.
Remains in Costa Concordia May be Final Victim
A corpse found in the wreck of the Costa Concordia is thought to be that of the last person unaccounted for almost three years after the luxury liner sank, Italy's coast guard said on Monday.
Sonangol Eyes Crude Liftings for Indonesia
Angola's Sonangol is hoping to start supplying crude oil to Indonesia's state oil firm early next year in a possible joint venture, company officials said on Monday.
Statoil: $32.5 bln for Sverdrup Startup
Development of field could cost up to $32.5 bln; cost estimate higher than analyst forecasts. Sverdrup scheduled to start up in late 2019. Statoil's giant Johan…
St. Lawrence Seaway Arbitration May Avert Strike
The union that represents workers along the St. Lawrence Seaway has agreed to take a contract dispute to arbitration, avoiding a strike that would have shut the…
Batumi Oil Liftings Down 25 pct YTD
Crude oil and refined product shipments from Georgia's Black Sea port of Batumi were down 24.6 percent in the first 10 months of the year from a year earlier, a…
Bosphorus Strait Traffic Suspended as Boat Sinks, At Least 24 Dead
Rescuers pulled 24 bodies from the sea at the mouth of Istanbul's Bosphorus strait on Monday and rescued seven people after the sinking of a boat carrying migrants including children…
Shipbuilding: COSCO Warns of Struggle if Credit Tightens
COSCO Corp (Singapore) , part of one of China's largest shipbuilding groups, warned that its customers could struggle to pay their bills as funding costs rise, after…
“Intra-Mediterranean Container Trades” Update
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings…
CMA CGM Relocates in Copenhagen
CMA CGM Denmark’s office in Copenhagen is shifting from Monday, November 3rd, 2014 onwards.
Rolls-Royce Notifies Total Voting Rights
In accordance with DTR 5.6.1 of the FCA's Disclosure and Transparency Rules (DTR), the Company is required to notify the market of its total number of voting rights…
Vesper Marine Upgrades Watchmate
Marine Safety Leader Releases Industry’s Vesper Marine First AIS Devices With Built-in High Speed GPS Auckland, New Zealand – Vesper Marine, a leading manufacturer…
New Abu Dhabi Ship Repair Yards Operational
Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations…
