Bomin Linde, Lithuanian LNG Terminal sign MoU
OSLO, Feb 19 (Reuters) - Lithuania's liquefied natural gas import terminal and Germany's Bomin Linde LNG will work together to develop the use of LNG as marine fuel in the Baltic Sea…
EU Sea Rescue Mission Extended
The European Commission extended its rescue mission off Italy until at least the end of the year, it said on Thursday, and gave Rome extra funding to deal with an…
Artificial Islands Boost China Regional Power
China's creation of artificial islands in the South China Sea is happening so fast that Beijing will be able to extend the range of its navy, air force, coastguard and fishing fleets before long…
Norden Renegotiates C/P's as Low Rates Bite
Danish shipping company D/S Norden has renegotiated charter agreements for nine vessels with their Japanese owners in reaction to record low dry bulk freight rates.
Europe Set for LNG Supply Surge
Europe is luring twice as many liquefied natural gas (LNG) tankers as last year and more are expected in what is now the premium-priced market after a year-long demand slump in Asia.
USS Laboon Enters U.S. 6th Fleet
The Arleigh Burke-class guided-missile destroyer USS Laboon (DDG 58) entered U.S. 6th Fleet’s area of operations in support of U.S. national security interests in Europe Feb. 17, 2015.
ClassNK to Research on Brittle Crack Arrest Design
ClassNK announced that it will carry out a joint research project aimed at improving safety standards for ultra-large container ships. As container ships increase in size…
CSIRO, BHP Billiton Join Forces in Marine Research
The World Heritage Listed Ningaloo Reef in Western Australia will be the focus of a new marine research partnership between CSIRO and BHP Billiton Petroleum announced today.
Tropical Cyclone Warning for East Queensland
Severe Tropical Cyclone Marcia is predicted to intensify to a Category 4 system as it crosses the Queensland coast between Mackay and Gladstone early on Friday morning…
COTP Delaware Bay Modifies Ice Condition II
The Captain of the Port (COTP) Delaware Bay is notifying mariners that Ice Condition II has been modified to expand STEEL HULL RESTRICTIONS in the Delaware River.
OCHA, APEC Ink Deal to train Foreign Dockers
OCHA, the training center for dock workers in the port of Antwerp, will collaborate with APEC-Antwerp/Flanders Port Training Center to organise joint courses for…
Maersk Line’s Chinese New Year 2015
Eastbound Blank Sailings: The 4713 Chinese New Year (CNY) begins on February 19th, 2015, and will run for 15 days as the people around the world reunite to celebrate the holiday.
Marine Lubricants Market to Reach US$9.36 Billion by 2018
Marine lubricants market's revenue is set to grow at a CAGR of 6.13% during the forecast period, eventually reaching a value of US$9.36 billion by the end of 2018.
CMA CGM Finance Stronger than Hapag-Lloyd
The credit profile of CMA CGM S.A. (CMA) is more robust than that of competitor Hapag-Lloyd AG (HL) on account of its higher profitability, bigger market share and more diverse geographic presence…
European Shippers' Council Calls on Competition Authorities to Cooperate
It also has called for greater data monitoring by national competition authorities following recent announcements regarding shipping line collaborations which, it claims…
U.S. Ports Congestion All-time High, Shippers Seeks Action
The American Association of Exporters and Importers (AAEI) and the European Shippers’ Council (ESC) call upon all parties involved to reach an agreement as soon…
Hamburg Buy Out Chilean Shipper
German liner company Hamburg Sud said it expects to seal the acquisition of the container shipping operations of Chilean shipping group Compania Chilena de Navegacion…
Hubline Exits Container Shipping Business
The company cited overcapacity in the market and difficult economic operating conditions as the main drivers behind the decision. While, shipping remains the main activity of the group…
Indian Shipping Policy Waiting for Final Nod
The shipping ministry of India had circulated a draft policy note seeking comments from various ministries ahead of its submission to the cabinet. And, without the views of the finance ministry…
Construction Vessel Delivered to Eidesvik Offshore
Eidesvik Offshore has taken delivery of Viking Neptun, an offshore construction vessel from Kleven Verft AS. According to Eidesvik Offshore, TBN Viking Neptun is represents its largest ever investment in the subsea segment. A long-term loan facility of $124 million has been drawn with Nordea and Eksportkreditt Norway/GIEK to finance the vessel. The vessel, equipped with Reach ROVs and manned by Eidesvik marine personnel and Reach ROV personnel and engineers…
