Two More Secondhand Bulkers for Seanergy
Dry bulk shipper Seanergy Maritime Holdings Corp. has taken delivery of two secondhand Capesize dry bulk vessels, renamed M/V Gloriuship and M/V Squireship, to be employed in the spot market.
Mega Cranes Commissioned at Port of Houston
The Port of Houston Authority last week commissioned the first of four new Super Post-Panamax ship-to-shore (STS) cranes at its Barbours Cut Container Terminal.
Oil Tankers Queueing in US Gulf Seen as New Symbol of Glut
A traffic jam of oil tankers has emerged along the U.S. Texas coast this month, a snarl that some traders see as the latest sign of an unyielding global supply glut.
BP Suspends Chirag Platform for Maintenance
BP has suspended operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance, the British oil company said on Tuesday. "Operations at Chirag have been suspended today for planned maintenance for 25 days," BP-Azerbaijan said in a statement. It said the work would maintain the ability of the platform to produce in a safe, reliable and environmentally sound way and added that oil exports would continue according to the schedule.
China Says Unaware of Plan to Discuss Sea Dispute at APEC
China is not aware of any plan to discuss the disputed South China Sea at an Asia Pacific leaders' summit next week, a senior Chinese diplomat said on Tuesday, amid…
Oil Price to Rise Gradually to $80 by 2020 -IEA
Oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day…
Search On For Missing Sailboat in Gulf of Mexico
The Coast Guard is searching for an overdue boater near Main Pass in the Gulf of Mexico, Monday. Missing is Keith Carver, 61, of Tucson, Az. Carver's girlfriend…
Presentations by Caterpillar at Baird Conference
Caterpillar Inc. Group President of Energy & Transportation Jim Umpleby and Director of Investor Relations Rich Moore will speak at the Baird 2015 Industrial Conference on Wednesday, November 11.
Seaspan Announces Senior Management Changes
Seaspan Corporation announced that Sai Chu, Chief Financial Officer, has informed of his resignation and retirement from Seaspan effective November 6, 2015, after…
Naming Ceremony of LNG JUROJIN
Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc.
Glander Appoints Hawkins as Trader & Team Leader
Glander International Bunkering, a leading marine fuel, lubricant trading and brokering company welcomes Joshua Hawkins as Bunker/Lubricant Trader and Team Leader for the Geneva office.
Seamen’s Unity Day Celebrated
The Indian seafarers celebrate 6th November as the Seamen’s Unity Day. The National Union of Seafarers of India (NUSI) commemorated the occasion as is done annually on the 6th of November…
Essar is 'Dry Bulk Line of the Year'
Essar Shipping, one of India’s leading shipping companies, today said that it has won the prestigious Diamond Category Award for “Line of the Year (Dry Bulk)” at…
Tariffs Hiked at Rotterdam Port
The tariffs which visiting sea-going vessels pay in Rotterdam will increase by 0.5% next year. That is half of the past year’s inflation rate. This is in accordance…
Hanjin-Hyundai: No Merger or Only Restructuring?
South Korea’s government is discussing whether to merge or sell Hanjin Shipping and Hyundai Merchant Marine in an attempt at state-led industrial restructuring.
Nordic Tankers joins forces with Borealis Maritime
Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class…
K-Line Rolls Out UAE Logistics Firm
Japan-based Kawasaki Kisen Kaisha (“K” Line) and Sharaf Group have established a new firm, K Line Shipping & Logistics (KLSL). Based in Dubai, UAE, KLSL will carry…
Shippers call for EU to Stop Over Regulation
The UK’s £10bn shipping industry has called the push toward closer union in Europe “distracting” and told the European Commission (EC) to stop interfering with the…
Goldenport Sells Supramax
London-listed Goldenport Holdings has sold a 2009-built bulk carrier to Zenith Shipping LP of Majuro, Marshall Islands. The 2009-built Alpine Trader was sold for…
Overseas Shipholding Profits Up by 31%
Overseas Shipholding Group, Inc. (OSG, a provider of oceangoing energy transportation services, reported results for the quarter ended March 31, 2015. Adjusted EBITDA was $113.7 million…
