Chevron Makes Oil Discovery in Deepwater US Gulf
Chevron Corporation announced an oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We had one of our best years with the drill bit in 2014, reporting more…
CMA CGM to Develop New Terminal in Angola
The CMA CGM Group has signed logistics memorandum of agreements with Multiparques Group, represented by its General Manager Leonel Pinto, on December 18, 2014 in Paris, and in the presence of the French and Angola Foreign Affairs Ministers, Laurent Fabius and George Rebelo Pinto Chicoti. The agreements define the two groups association for the terminal operation, and tend to develop logistics platforms in Angola.
Lakes Limestone 2014 Tonnage Dips
Shipments from U.S. ports dipped 4 percent, but loadings out of Canadian quarries rose 12.5 percent. Shipments of limestone on the Great Lakes totaled 27.1 million tons in 2014, a decrease of 1.8 percent from 2013 and a drop of 2.1 percent compared to the trade’s long-term average. The decline Lakeswide largely reflects the significant delays in resuming shipments in the spring. Heavy ice formations covered the Lakes and loadings in April were down nearly 50 percent.
Frontline CEO: Solid Tanker Demand to Continue
CEO Hvide bullish on tanker demand and freight rates. Oslo-listed crude tanker group Frontline expects continued high demand and solid freight rates, boosted by…
EU Speaks out on Migrant Smuggling
“I commend the Italian Coast Guard and Frontex who, in the framework of the joint operation Triton, have saved hundreds of migrants in distress. These events underscore…
Panama Canal Polls Industry on Proposed Fees
ACP touts new Toll Structure as reflecting value of route and better customer service. The Panama Canal Authority (ACP) has announced a proposal for a new toll structure…
Federal Mediators Weigh in on Longshore Dispute
Allison Beck, Acting Director of the U.S. "In response to a joint request for assistance from the parties, collective bargaining between ILWU and PMA representatives…
ClassNK Releases v3 Guidelines for Gas Fuelled Ships
ClassNK has released the third version of its Guidelines for Gas Fuelled Ships. The updated version provides comprehensive, up-to-date information on key design features relating to bunkering…
Singapore: Maritime Firms Opting for Foreigners
Singapore’s perceived shortage of qualified, competitive maritime staff has come more evident, as foreign applicants often pip Singaporeans. A report from The Straits…
Japan, China to Resume Maritime Crisis Management Talks
Japan and China have agreed to resume talks as early as next week to launch a maritime crisis management mechanism in 2015, say Japanese government sources. The…
Nigeria, Turkey to Partner on Shipbuilding
The Nigerian Ship owners’ Association (NISA) and Turkish Shipowners’ Association (TUSA) has flagged off a working relationship to develop water transportation and ship yards…
US Research Ships Ready to Cast Off in 2015
Two new U.S. research vessels are going full steam ahead: the U.S. National Science Foundation will formally commission its Arctic-bound Sikuliaq, and the Woods…
Chinese Submarine Dives into Indian Ocean
A Chinese submarine has started to search an area of the Indian Ocean for seabed deposits of gold, silver, copper and zinc, in a four-month-long mission. A Chinese…
Sunken Cargo Ship Cemfjord Wreck Found
The wreck of the cargo ship Cemfjord, which sank in the Pentland Firth with eight men on board, has been located on the seabed. The wreck of the cargo ship Cemfjord…
Fewer Ships Traveled Arctic in 2014
The year 2014 has proved to be a chilly one for Arctic shipping. Just 31 ships sailed between Europe and Asia across the Northern Sea Route, and 22 did part of the route…
Indian Shipping Industry Mulls Major Makeover
Captains of the shipping industry in India are pinning hopes on solid policy support in 2015 as promised by the Shipping Minister Nitin Gadkari that would transform…
Dorian LPG Acquires the "Corvette"
Dorian LPG Ltd. reported that on January 2nd it took delivery of the ECO VLGC "Corvette" from Hyundai Heavy Industries. "Corvette", Dorian's third newbuilding delivery…
Full Steam Ahead for Navy's Science
The Office of Naval Research (ONR) has begun a new era, as Rear Adm. Mathias W. Winter-a decorated aviator with advanced degrees in both computer science and national…
Danish Maritime Authority Use Open Mail Lists
The Ministry of Health and the Danish Maritime Authority both take part in a pilot project with open mail lists, starting on 1 January 2015. The Danish Maritime…
Temporary Waterside Security Zone at Boston
The Captain of the Port (COTP) Boston is establishing a temporary waterside security zone at the John Joseph Moakley Court House, Boston MA for the court proceedings…
