Nigeria's Bonny Light Pipeline Shut Down
The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday.
Greece Unblocks Piraeus Port Sale
Greece has asked three firms to submit binding bids by September for a majority stake in the country's biggest port, Piraeus, a senior privatisation official told Reuters on Thursday…
Nomination for Next CNO Announced
Defense Secretary Ashton Carter announced today during a Pentagon press briefing that he has recommended Adm. John M. Richardson as the next Chief of Naval Operations (CNO).
Shale Revolution in US Cannot Alter Arctic Oil
Even the so-called shale revolution in the United States did not stop striving for sustainable business with the direct support of the state to extract "Arctic" oil Don wrote on his page to Facebook.
MOL Tabletop Drill Prepares for Major Offshore Incident
Mitsui O.S.K.Lines, Ltd. today announced that, in cooperation with the Japan’s 7th Regional Coast Guard Headquarters, the company conducted a tabletop drill based…
Container Booking System at ICTSI
In its efforts to limit peaks of trucks around the port area and balance their flow on city roads, International Container Terminal Services, Inc. (ICTSI) will be…
ST Engineering Appoints Seng as Director
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Lim Sim Seng as an independent non-executive Director of the Company with effect from 15 May 2015.
Hazard Awareness Competition for Seafarers Launched
In an initiative to raise awareness of potential hazards at sea, The Standard Club and the International Chamber of Shipping (ICS) have joined forces to launch a…
Container Industry Competence Standard Launched
Seagull Maritime AS has launched the Container Industry Competence Standard (CICS), an assessment and training system covering container vessel operations. The program…
INTELLIAN FleetBroadband Xtra Solution Approved by Inmarsat
Inmarsat announced that the Global Xpress (GX) and FleetBroadband terminals manufactured by Intellian, are now approved for use with FleetBroadband Xtra. Designed…
Essar Ports Acquires Vizag Port's Iron Ore Complex
Essar Ports Ltd. (EPL) today announced the taking over of Vishakhapatnam Port Trust’s (VPT) Iron Ore Handling Complex on a Build-Operate-Transfer (BOT) basis, for a period of 30 years.
Face Off: China and US in South China Sea
China has voiced “serious concern” over US plans for military air and sea patrols in the South China Sea. There has been reports that US official reportedly said…
Fincantieri Reports Loss in Q1
Italian shipbuilder Fincantieri has fallen to a loss in the first quarter as financial costs rose. Fincantieri ended the first quarter of 2015 with Euro1.11 billion…
Glencore Calls for Price Regulation in Newcastle Port
Coal mining giant Glencore has now applied to have the competition watchdog oversee pricing in the newly privatised Port of Newcastle, reports The Sydney Morning Herald.
Hapag Lloyd Back in the Black
German container line Hapag-Lloyd has defied the challenging market environment in the containership market and returned to profit in the first quarter of 2015 euros…
IMO Dodges Marshall Islands Plea for CO2 Target
The International Maritime Organisation (IMO) has dodged a decision on the setting of a new global target for reducing greenhouse gas emissions from international shipping, proposed by the Marshall Islands. The environmental lobby group Transport & Environment (T&E) accused the IMO of falling to "procedural excuses" and ignoring obligations. The proposal was initially announced last month, with Marshall Islands' Minister of Foreign Affairs…
NYK Orders Three LNG Carriers
Nippon Yusen Kabushiki Kaisha (NYK Line) has concluded time-charters for two new LNG carriers with Diamond Gas International, a Singapore affiliate of Mitsubishi Corporation.
Cosco Scraps Four Vessels
China COSCO Holdings disassembled four vessels including two container vessels and two bulk carriers in April 2015, with the aggregate capacity of 261.8 thousand deadweight tons.
Hanjin Swings to the Black
South Korea's leading shipping line Hanjin Shipping Co has swung to the black in the first quarter from a year earlier thanks to lower fuel costs and better streamlined shipping routes.
CaroTrans Adds Direct Montreal-Le Havre Service
Global non-vessel operating common carrier (NVOCC) and ocean freight consolidator CaroTrans today announced a new weekly less than container load (LCL) service from Montreal to Le Havre, France.
