BP, Sinopec in Singapore-based Bunkers JV
British oil major BP and China's Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday.
UN: Let Migrants Land in SE Asia
United Nations agencies urged Indonesia, Malaysia and Thailand on Tuesday to step up sea rescue operations and let desperate migrants reach land. In a joint statement…
USCG Terminates Charters Boat Voyage In Buzzards Bay
The Coast Guard terminated the trip of a 23-foot charter vessel today in Buzzards Bay, Massachusetts, due to an expired operator's license and evidence of illegal fishing.
Antwerp Port Gives Environmental Discount
As of 1 June 2015 the port of Antwerp will grant a discount to seagoing ships that use alternative technology to reduce emissions of particulates. The new discount…
ICTSI Laguna Dry Port Expansion
International Container Terminal Services, Inc.’s (ICTSI) dry port unit, Laguna Gateway Inland Container Terminal (LGICT), recently broke ground to start the expansion…
Unmanned FLNG: ‘The Future of LNG Technology’
DNV GL has developed a new unmanned floating LNG concept that it says overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields.
Ensco Appoints Rowsey as Non Executive Chairman
Ensco plc announced today that Paul Rowsey has been named Non-Executive Chairman of the Board following Dan Rabun’s planned retirement on 18 May 2015 concurrent…
Kalmar's 18 forklifts for Vix Logistica
Kalmar, part of Cargotec, has announced an order from Vix Logistica S.A, Brazil, for 18 heavy forklift trucks. The order consists of eight Kalmar DCF300-12LB, two…
No Leakage from NYK Tanker in Tokyo Bay
On May 16 (Saturday) and 17 (Sunday), a few media outlets reported that crude oil had leaked from Takamine, a tanker operated by NYK Line, while the ship was discharging at JST 9:28 p.m.
RV Polarstern Sets Course for Spitsbergen
On Tuesday, 19 May 2015 the research icebreaker Polarstern will leave its home port in Bremerhaven, setting a course for the Arctic. Led by Dr Ilka Peeken from the Alfred Wegener Institute…
DNV GL Revenue Up 10% Post Merger
2014 was the first full financial year of the DNV GL Group AS (DNV GL) following the merger between DNV and GL. “While both managing the ambitious merger and maintaining…
Thailand, China Teams Up on Kra Canal
Thailand and China have signed a memorandum of understanding (MOU) in Guangzhou to jointly cut a shipping passage across Kra Isthmus in southern Thailand, the narrowest part of the Malay Peninsula.
LNG Drive: Helgoland Leaves Building Dock
After almost nine months of construction has MS "Helgoland" the new LNG (Liquefied Natural Gas) ship of Cassen Eils from Cuxhaven, left the building dock of the Fassmer-Werft shipyard.
STX Bags Order for Eight LR1 Tankers
South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) has won an order for up to eight LR1 tankers with a total value of $ 375 million. The contract provides…
Profit Quadruples for CMA CGM
French container line CMA CGM’s consolidated net profit soared to $406 million in the first quarter from $97 million a year ago as the French carrier capitalized on efficiency gains…
MOL Joins 2M on Asia-ECSA Trade
Maersk Line announced that it has entered into Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) and Mitsui O.S.K Lines (MOL) on the Asia to East Coast of South America trade.
ICTSI Shows Interest in Greece's Port
Philippines head quartered International Container Terminal Services Inc. has expressed interest in a majority stake in Piraeus port in Greece, says a report in AFP. “Yes.
EU Backs Migrant Crisis Naval Plan
EU foreign ministers have agreed to launch a military mission against migrant smugglers in the Mediterranean. The decision allows European governments to move ahead with plans for a naval operation.
U.S. Coast Guard Holds Carrier for Violations
The U.S. Coast Guard detained the Ikan Sudip, a Panamanian-flagged 600-foot bulk carrier, after discovering significant environmental and safety violations during an inspection in Astoria.
Rolls-Royce Marine Unit to Cut 600 Jobs
British engineering group Rolls-Royce (RR.L) said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a "broadly neutral" impact on 2015 profits. Rolls-Royce is in the middle of a cost-saving plan in its aero-engines business and headquarters, axing 2,600 jobs, and the streamlining of its marine business comes after a year of profit downgrades and cancelled orders.
