Paris Talks to Target Shipping Emissions
194 nations last week agreed at the Geneva Climate Change Talks to a negotiating text which could see international emissions caps placed on the shipping industry by 2020.
PE to Keep Ships Afloat
International accountancy firm Moore Stephens says the shipping sector should approach private equity (PE) providers for funding to support the āsignificant investmentāā¦
Daelim Bags Major Port Contract in Singapore
South Korea's fourth-largest builder Daelim Industrial Co has won a deal valued at US$646.03 million to construct a port facility in Singapore. The project is expected to take about six years.
Golar LNG sells Golar Viking
Golar LNG Ltd has completed the sale and delivery of the LNG carrier Golar Viking to PT Perusahaan Pelayaran Equinox (Equinox) for US$135 million. The 140,205-cbmā¦
Subaru Air Freights Parts, Circumvents U.S. Port Delays
Fuji Heavy Industries Ltd , the maker of Subaru cars, said it would continue flying car parts to its U.S. factory beyond an initial arrangement through the end of February, as a labor dispute at U.S.
Logistics Suffer as U.S. Port Dispute Continues
Dozens of ships queuing to dock due to ports dispute; Honda slowing North American car production as parts held up. A labor dispute at ports on the U.S. West Coastā¦
BW Offshore Cuts Dividend
BW Offshore cut its dividend on Monday, blaming lower spending by customers due to a fall in crude prices as well as a deadly accident in Brazil last week. The companyā¦
Managers Bunking at U.S.Refineries, Strike Continues
U.S. oil refinery managers are going to the mats, literally, during the biggest fight with union workers in 35 years, bedding down for a third strike week that expertsā¦
Euroseas Report Loss in 4Q, FY 2014
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoesā¦
EMGS to Appeal Ruling On Patent Invalidity
As previously announced, Electromagnetic Geoservices ASA (EMGS) has issued claims against Petroleum Geo-Services (PGS) in the High Court of Justice, Patent Courtā¦
PGS Wins Patent Dispute with EMGS
Petroleum Geo-Services ASA ('PGS' or the 'Company') today announces that Oslo District Court in its judgment of 13 February 2015 ruled in favor of PGS in the lawsuitā¦
Keppel Appoints Vestring to its Board
Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office. Of his 24-year career with Bain, Mr Vestring has spent over two decades in Asia advisingā¦
Navionics Debuts SonarCharts
Navionics, the leader in location-based content for the recreational boating and outdoor markets, announced today the release of a new SonarCharts chart card forā¦
Anthem of the Seas Ready for Float-Out
The latest cruise ship under construction - Anthem of the Seas - will leave building dock II of Meyer Werft shipyard in Northwestern Germany on February 21. Theā¦
Founder Stolt-Nielsen Passes Away
Jacob Stolt-Nielsen, 83, passed away today in the company of his family at his home in Oslo. An entrepreneur and visionary of boundless enthusiasm and energy, Jacobā¦
Keppel FELS Delivers Largest Rig to Maersk
Keppel FELS Limited has delivered the ultra-harsh jackup rig, Maersk Integrator, to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, thirty days ahead of scheduleā¦
Horizon Lines to Settle Merger Litigation
Horizon Lines, Inc. announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative classā¦
Karachi Port Mulls Expansion
By the end of this year, the E- Class vessels are expected to steam through newly constructed three breakwaters and one revetment at Keamari Groyne of Karachi port coastline, reports the Dawn.
Cosco Scraps Eight Old Bulk Carriers
Following the recent announcement ordering 10 drybulk vessels, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping.
Maritime Piracy - A Global Headache
The maritime environment has presented a complex and challenging operating environment for all of human history. Piracy has been the most dangerous threat for seafarers.
