Baltic Sea Freight Index Flat
Press release - The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities was unchanged on Tuesday, as rising demand forâŚ
Brazil Scraps Para Port Auction, to Offer Three Santos Areas
Brazil canceled an auction to lease a port terminal area in the northern state of Para due to lack of interest but will auction three other areas in its largest port of Santos on WednesdayâŚ
LR Establishes New Notion for LFPF
Lloydâs Register (LR) has developed a new notation for low-flashpoint fuels (LFPF), allowing owners and shipyards to demonstrate that their design and constructionâŚ
Marlink Upgrades Maridive OSVs to VSAT Broadband
Egypt headquartered Maridive Group, an international offshore marine and oil support services provider, has chosen to migrate 24 of its Offshore Support VesselsâŚ
Ecoslops Announces First Sale of Light Bitumen
Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (slops), has announced its first sale of light bitumen.
Fast Crew Supplier for P&O Repasa
P&O Repasa, a new company formed last year by the acquisition of the majority of the shares in Spanish towage firm Repasa by P&O Maritime, has taken delivery of one Damen Fast Crew Supplier 5009. The vessel will be operated from Malabo on Bioko Island, Equatorial Guinea. The Red Eagle will ferry personnel and equipment, and supply drinking water and fuel, to offshore rigs and platforms. Built for stock at Damenâs partner Song Thu Shipyard in VietnamâŚ
INTERSCHALT, Müller+Blanck Reach Merger Deal
INTERSCHALT maritime systems AG, the provider of maritime software for cargo and fleet management, and Müller+Blanck Software GmbH, announce the conclusion of aâŚ
JHW Engineering, Evergas Ink Tanker Deal
Evergas and JHW Engineering & Contracting have entered into an agreement for the construction of four option two INEOS MAX 32,000M3 liquefied ethane/ethylene carriers.
DryShips Nets $ 820 Mln 3Q Loss
and operating results for the third quarter ended September 30, 2015. ď For the third quarter of 2015, the Company reported a net loss of $820.0 million, or $1.23 basic and diluted loss per share.
Bright future for Bunkering at Indian Ports
Hinodeâs 5th Annual conference on the Outlook for bunkering and Marine Lubricants in India clearly acknowledged the fact that India was well on its way to becoming a Bunkering destination.
Vitol Buys Stake in Sargeant Marine
The Vitol Group and Sargeant Marine, an asphalt trading, storage and transportation business, announced that Vitol will acquire a 50 percent interest in Sargeant Marine for an undisclosed sum.
Marcus Hook Range Rock Blasting
The Coast Guard will be enforcing a safety zone within the waters of the Delaware River, from Marcus Hood, Pennsylvania, north to Eddystone, Pennsylvania until March 15, 2016.
More "Green" Ships Call at Antwerp Port
The number of environment-friendly seagoing ships calling at the port of Antwerp is increasing year by year, according to the results of the Environment Ship Index (ESI) introduced in Antwerp in 2011.
Temasek to Sell Entire NOL Stake for $1.61 Billion
Singapore sovereign wealth fund Temasek Holdings has agreed to sell its entire 67 percent stake in Neptune Orient Lines (NOL) to Franceâs CMA CGM, the worldâs third-largest container shipper.
CMES Confirms Order for 10 VLCCs
The board members of China Merchants Energy Shipping (CMES) has approved of a plan to order an additional 10 eco-friendly VLCCs. These vessels will be operated by CMESâ Hong Kong-based subsidiaryâŚ
Duesseldorf Express Delays
Hapag-Lloyd informs about the current delay of its Mediterranean Pacific Service (MPS) â âDuesseldorf Expressâ due to technical Problems. "We regret to inform youâŚ
Moody's changes outlook on CMA CGM's B1 ratings to stable
Moody's Investors Service has today changed to stable from positive the outlook on CMA CGM S.A.'s B1 corporate family rating, B1-PD probability of default rating and B3 senior unsecured rating.
Hanjin Aqua Aground in Sunda Strait
The container ship Hanjin Aqua (4,500-TEU) ran aground off Sangiang Island in Indonesia's Banten, Sundra Strait. The ship with 2303 containers on board is en route from Adelaide Australia to JakartaâŚ
Poland Launches 'Go Arctic'
Poland joins countries looking to tap into its natural resources, as minerals and fossil fuels become more accessible for exploitation. The Polish Information andâŚ
Chinese Shipyard New Orders Slump
Drop in commodity prices has slashed global demand for bulk carriers, pushing shipyards out of business, says Chinese news agency Caixin. Huai Jinpeng, a vice ministerâŚ
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