Tenaga Raises Offer Price for Port Operator
Tenaga Nasional Bhd , Malaysia's largest power group, said on Wednesday it has raised the takeover price for Integrax Bhd by 18.2 percent after a leading shareholder…
LNG Destination Clauses May End: IGU
Destination clauses on contracts for liquefied natural gas (LNG)shipments will soon be a thing of the past because of the shale revolution in the United States,…
Iran War Games Target Mock-up U.S. Ship
Iran's elite Revolutionary Guards staged war games in the Strait of Hormuz on Wednesday, including a gunboat attack on a model U.S. warship, in Tehran's latest display…
Darwin LNG Launches Sell Tender
Australia's Darwin liquefied natural gas (LNG) export plant, operated by Conoco Phillips, has launched a tender to sell one cargo loading April 6-7, according to traders familiar with the matter.
Maersk Sheds Danske, to Issue Dividend
Danish shipping and oil group A.P. Moller-Maersk will hand shareholders a $6.6 billion windfall in dividends this year after it sells its 20 percent stake in Denmark's biggest bank Danske.
Access to Brazil's Santos Port Cleared of Striking Truckers
A main access road to Brazil's Port of Santos was cleared early on Wednesday after a truck driver strike dispersed, though other roads in the country remained blocked…
International Ice Patrol Opens Annual Ice Season
The U.S. Coast Guard International Ice Patrol opened the annual ice season February 3 to detect and track icebergs in the North Atlantic Ocean. The IIP deployed…
U.S., Ghana Complete AMLEP 2015
U.S. and Ghanaian and maritime forces completed Africa Maritime Law Enforcement Partnership (AMLEP) 2015 operations, Feb. 24, 2015. The Military Sealift Command’s…
Launch of Mississippi River Cruise Service
Governor Bobby Jindal and Viking Cruises Chairman Torstein Hagen announced the selection of New Orleans as the homeport for Viking River Cruises’ first North American river cruise itineraries.
200th Anniversary Commemoration of Dual Victory
The crew of USS Constitution commemorated the bicentennial of Old Ironsides' final battle during the War of 1812, her unprecedented dual-victory over Royal Navy ships HMS Cyane and HMS Levant Feb.
ExxonMobil Encouraging Girls into Engineering
ExxonMobil is encouraging girls to consider science, technology, engineering and math (STEM) careers through the '12th-annual Introduce a Girl to Engineering Day…
AEGIS Missile Defense System Performs Successful Test
The Missile Defense Agency (MDA) and sailors aboard the USS Carney, USS Gonzalez, and USS Barry successfully completed a flight test involving the Aegis Ballistic Missile Defense (BMD) weapon system.
Biggest Irish Port Project Gets Underway
Ireland’s largest bulk port company, Shannon Foynes Port Company (SFPC), announced yesterday the commissioning of the first ports infrastructure project since the turn of the millennium…
MSC's Falcon Service Between Asia and M.E.
Mediterranean Shipping Company has announced the start of a new dedicated service between Asia and the Middle East called the New Falcon service. Once the service commences…
Gladding-Hearn Bags Hy-Line Cruises Catamaran Order
Hy-Line Cruises, a division of Hyannis Harbor Tours, Inc., Hyannis, Mass., has ordered a new 493-passenger, high-speed catamaran from Gladding-Hearn Shipbuilding, the Duclos Corporation.
NewLead Holdings' Tanker contracted
NewLead Holdings Ltd. announced today that it has entered into its first Contract of Affreightment for one of its bitumen tankers vessels, the Katerina L, for the transportation…
Maybulk to Build Five More Ships
Unfazed by the tough market conditions that the shipping industry is faced with, Malaysian Bulk Carriers Bhd (Maybulk) said it will move forward with fleet renewal activities.
India to Roll Out $8 billion Smart City Ports
Indian shipping minister Nitin Gadkari has said the government is working on an ambitious plan to build one smart city each at the country's 12 major ports. The…
Singapore Budget Sops for Maritime
With a focus on improving maritime business sectors through a series of incentives to raise productivity, innovation, and internationalization the government of…
Hamburg Sud, CCNI Deal Next Month
Hamburg Sud has entered into a long-expected purchase agreement for Chilean shipping line CCNI (Compania Chilena De Navigacion Interocea) for an undisclosed sum.
