Marquette Transportation Reportedly for Sale
Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of…
Tohoku Electric's LNG Buy Sets Asian Spot Level
Japanese utility Tohoku Electric has purchased an LNG cargo for delivery in the third week of March at a price in the low $7 per million British thermal unit (mmBtu) range…
Europe's Offshore Wind Capacity Growing
New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth…
BP Quits Indonesian Blocks on Risk Concerns
UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.
Yemen Lifts Force Majeure on LNG Deliveries
Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters…
ThyssenKrupp: Submarine Unit Not For Sale
German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.
Imabari to Construct Newbuilding Dry Dock
In order to accommodate construction of Ultra-Large newbuilding vessels including recently secured 20,000TEU Mega container ships (about 400m in length and about 59m breadth)…
Long Beach Port to Boost Power, Speed Clearance
Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out push…
31 ARENA Projects Completed
ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia. Thirty…
Gazprom, OMV Ink Additional Deal
Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss…
SECNAV Completes Visit to Paraguay
Secretary of the Navy (SECNAV) Ray Mabus completed a visit to Paraguay Jan. 29 during which he met with Republic of Paraguay President Horacio Cartes to discuss…
Strategic Sale of Braemar's H.O.
On 27 January 2015 Braemar Shipping Services Plc exchanged contracts for the sale of our leasehold interest in our Marylebone corporate headquarters to Greenhouse…
Imabari Bags Order for 11 ULCCs
Imabari Shipbuilding Co., Ltd. (Imabari), with the cooperation of Marubeni Corporation, has secured newbuilding order for eleven (11) units of 20,000TEU Ultra-Large Container Carriers…
US Wants Japan to Patrol South China Sea
Admiral Robert Thomas, senior U.S. Navy officer and commander of the Seventh Fleet and the top U.S. navy officer in Asia, has told Reuters that the United States…
Progress in China-Japan Maritime Talks
China and Japan have agreed to launch a maritime and aerial crisis management mechanism as soon as possible. The Chinese Defense Ministry announced that some progress…
31st Edition of Cruise Shipping Miami
Cruise Shipping Miami 2015 is gearing up to offer the most comprehensive and robust roster of panel discussions featuring the industry's most knowledgeable and experienced executives.
South Korea Mulls Maritime Study with North Korea
South Korea would propose a joint research with North Korea to develop marine resources and ocean tourism, reports Korea Herald. South Korea’s Maritime Affairs and…
Port of Amsterdam, Gujarat Strengthen Cooperation
Port of Amsterdam signed a Letter of Intent (Lol) with Gujarat Ports Infrastructure & Development Co. Ltd, a subsidiary of Gujarat Maritime Board. The intention…
Lerwick Harbor sees Positive Outlook
Lerwick's importance as a gateway for Shetland’s communities and industries is underlined by an increase in passenger traffic, cargo handled and fish landed in 2014.
German Shipowner Worst Global Dumper -NSP
German shipowner Ernst Komrowski topped the list of the worst global dumpers with 14 end-of-life vessels sold to the beaches, according to a press release from NGO Ship-breaking Platform (NSP).
