Tighter Supertanker Market Impacts Asian Fuel Supplies
The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highsā¦
Oil Tankers are Front Line of Libya's Struggles
Crew members killed in tanker attack this month; West fears worsening violence could lead to civil war. Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyagesā¦
CFE to Lift Eight LNG Cargoes
Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volumeā¦
āMaritime Spectrumā of CMMI a Big Draw
For The Company of Master Mariners of India, the conference āMaritime Spectrumā that comes at the turn of each year has become a brand in itself, and each one witnessingā¦
ms Veendam Rescues Pilot Off Maui Coast, Hawaii
On Sunday, Jan. 25, 2015, at 5:21 p.m. local time while en route to Lahaina, Hawaii, Holland America Lineās ms Veendam answered a request for assistance from theā¦
Abu Dhabi Ports Invests in Management Software
Abu Dhabi Ports is implementing a brand new terminal operating system (TOS) which will enhance the general cargo operations at the emirateās ports, significantlyā¦
Baby Medevaced from Cruiseship in Gulf of Mexico
A Coast Guard helicopter crew medevaced an 8-month-old baby girl from the cruise ship Carnival Triumph early Monday morning, 140 miles southeast of Galveston. "Itā¦
Sino-Global to Acquire Tanker
Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the "MOU")ā¦
Investment Impact in Inland Waterways System
The National Waterways Foundation (NWF) has commissioned and released a two-year, ground-breaking study by the University of Tennessee and the University of Kentuckyā¦
COSCO Piraeus Pier III Inaugurated
The Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal(PCT) was held yesterday. Premier Li Keqiang of China sent a congratulatory message, which was read by Mr.
Launch of Asian Marine Casualty Forum
An industry forum aimed at producing a practical response to the current crises in maritime casualty management was officially launched in Singapore today. LOC Group (LOC)ā¦
Nordbank Eyes Bad Shipping Debt Deals
The worldās largest financier of ships HSH Nordbank AG wants to move forward in 2015 with the removal of bad shipping loans that racked up during a seven-year glut in the global container fleetā¦
China Warns India, US on Regional Conflict
There is no need for India and the United States to have concerns on navigation and over flight over the disputed South China Sea, says China. "The situation inā¦
Malaysia Backs Maritime Silk Road
Malaysia is ready for greater collaboration and cooperation with China with regard to Maritime Silk Road (MSR) proposal delivered by Chinese President Xi Jinping.
Turkey Signs Maritime Deal with Malta
Turkey has signed a deal with Malta to develop cooperation in the maritime field, the Turkish transportation minister Lutfi Elvan said. Turkey wants to become a marine transit country.
Indonesia, Malaysia to Discuss Maritime Issues
Malaysia and Indonesia will discuss maritime issues, including the detention of Malaysian fishing vessels as well as their common sea borders. The countries willā¦
China Exim Bank, SWS Sign $312m Financing Deal
Shanghai Waigaoqiao Shipbuilding (SWS), a yard owned by the industrial conglomerate China State Shipbuilding Corp (CSSC), has secured a US$312million loan fromā¦
DB Schenker, Maersk Line to Cut CO2 Emissions
DB Schenker Logistics and Maersk Line have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight. The partnership emphasizes the companies'ā¦
A&P Contracted for Navy Tanker Maintenance
A&P Group, the UKās largest ship repair firm has bagged a £15 million military contract to complete the fit-out of the Royal Navy support groupās new fleet of tankers.
Cargoes Soar at Hamilton Port
Total cargo volumes were 10,526,732 metric tonnes (MT) in 2014, representing a 5% increase over 2013. The port welcomed 157 ships from overseas in 2014, with theā¦
