Atlantic Gas Swings Keep LNG Traders Guessing
MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather andā¦
Greek Banks Mull Cutting Shipping Portfolios
Greece's leading banks are considering offloading part of their portfolios of shipping debt worth billions of dollars in a bid to shore up their capital, accordingā¦
Christensen, Farren Join Port of Long Beach
The Long Beach Board of Harbor Commissioners this week appointed port industry veterans Michael Christensen and Glenn Farren to newly created management positionsā¦
Aker Philadelphia to Pay Dividend
The Board of Directors of Aker Philadelphia Shipyard ASA yesterday resolved to pay a dividend to the shareholders of AKPS as of expiry of 3 March 2015, of USD 0.25 per shareā¦
Philly Tankers Lines Up Charters
Philly Tankers AS announced today that its wholly owned U.S. subsidiary, Philly Tankers LLC, has entered into binding long-term time charter contracts with a domestic end-user for the two 50ā¦
SCI's Worldwide Agents Meet
The Shipping Corporation of Indiaās (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meetā¦
Ulstein Verft Delivers 'Blue Queenā
On 24 February 2015, āBlue Queenā a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first ofā¦
Maersk Posts Record Profit Despite Pressure in Shipping Rates
Maersk Line has reported a profit of $2.3bn for 2014 a 50% increase over the previous year, and expects a higher result in 2015, though the shipping rates remain under pressure.
Europe Should Resume Shipbuilding
In the EU journal Parliament, Portuguese Member of European Parliament João Ferreira has proposed a five-point plan to stimulate growth in the EU shipbuilding industry.
North Korea Reflags Ships to Evade Sanctions
A North Korea shipping company has been renaming and reflagging its vessels so it can evade an arms embargo, a UN report has said. The effort by Pyongyang-headquarteredā¦
Asia: LPG Shipping and LNG Pricing
While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings areā¦
JNPT Plans Parallel Port
State-run Jawaharlal Nehru Port Trust (JNPT), Indiaās busiest container gateway near Mumbai, is planning to build a satellite port in one of the three locationsā¦
Indonesia Upbeat Ahead of IORA Chair
Indonesia is gearing up to turn its foreign policy focus westward when its role as Indian Ocean Rim Association (IORA) chair begins later this year, reports Jakarta Post.
Coast Guard Holds Cargo Ship in Unalaska
The U.S. Coast Guard (USCG) has detained Lindavia, a cargo vessel arrived from China, in Unalaska due to alleged environmental crimes, reports Alaska Public. According to Kevin Feldisā¦
Japan Plans Naval Exercises with Philippines
Admiral Tomoshisa Takei, chief of staff of Japan Maritime Self-Defense Force (JMSDF) is holding high-level talks with the Armed Forces of the Philippines (AFP) concerningā¦
USCG Leaders Testify on Budget Requests
U.S. Coast Guard Commandant Adm. Paul Zukunft and Master Chief Petty Officer of the Coast Guard Steven Cantrell testified Wednesday on the Coast Guard's Fiscal Yearā¦
GTT Receives Order for LNG Bunker Barge
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its U.S. subsidiary GTT North America (GTTNA) has received an order for one LNG bunker barge. This first dedicated LNG barge for the marine market in North America will be built by Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC. at its facility in Orange, Texas.
Okeanus to Represent MacArtney Group in Brazil
Underwater technology provider MacArtney Group has signed an agreement with Okeanus Ltda. to be the group's official representative in the Brazilian market, MacArtney Group announced today. This is the third such deal MacArtney Group has signed in the South American in the last six months, following agreements with Cledirsa in Uruguay and Alakaluf in Chile. Founded by marine scientist Laura Azevedo and her father in 2007ā¦
Petrobras Scandal About to Hit Brazil's Political Class
Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell thatā¦
HydroComp Releases New NavCad Premium Edition
HydroComp is releasing a major upgrade for its NavCad software tool, the company announced today. NavCad has been used for resistance and propulsion prediction for nearly three decades, and a "Premium Edition" is now available for users wanting a greater level of analytical capability. New features include a scripting (macro) API. This includes an easy-to-use scripting language that provides batch processing capability.
