Piraeus Port U-turn Not to Stop China Investment
Even though Greece's new left-wing government set alarm bells ringing in Beijing when it halted the privatization of the port this week, analysts say Athens is merely posturing…
Yemen Balhaf Terminal Stopped Operations
Following Yemen's lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, the facility stopped operations on Sunday, and evacuated foreign experts from the facility…
OOCL Sales Up 3.5% to $5.8b in 2014
Orient Overseas Container Line (OOCL), a Hong Kong-based container shipping and logistics service company, posted a 3.5 percent year-on-year revenue increase in 2014 to US$5.8 billion.
AMSA Bans Ship for 12 Months
The Australian Maritime Safety Authority (AMSA) has banned a vessel from entering or using any port in Australia for 12 months, for the first time. AMSA issued a…
5 Rescued from Sinking Vessel off Monterey Coast
Coast Guard rescued five people from a sinking 65-foot sailing vessel approximately 120 miles off the Monterey coast, Saturday. At approximately 8 a.m. Saturday…
CMA CGM Opens Two Offices
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Barril Appointed COO of SBM Offshore
SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a member…
MMEA Recover Hijacked Tanker
A hijacked Malaysian coastal tanker has been recovered by the prompt actions of the Malaysian Maritime Enforcement Agency (MMEA) off the coast of Malaysia. The owners…
Scorpio Takes Delivery of STI Veneto
Scorpio Tankers Inc. has taken delivery of STI Veneto, an LR2 product tanker from Hyundai Samho Heavy Industries Co., Ltd. This vessel will begin a voyage for 60 days at approximately $32,000 per day.
