EGAS: BP LNG Cargo Postponed, Denies Payment Trouble
Egypt's state-owned EGAS said on Friday it had postponed a liquefied natural gas (LNG) delivery from BP last month until later this year, rejecting suggestions there were any payment difficulties.
Hapag-Lloyd Gets New Logo, New Name
The 125 years old German cruise operator, Hapag-Lloyd, has unveiled new branding, along with a modest name change, that will help promote the luxury cruise line to a global audience.
Southeast Asia Dominates Maritime Crime Globally
Southeast Asia continues to dominate maritime crime incidents globally, with 236 reports of piracy and maritime crime instances occurring in the region since 1st January 2015…
Container Volumes to Improve 2016: Maersk
Nils Smedegaard Andersen chief executive officer of A.P. Moeller-Maersk A/S said the Container volumes have picked up this year after the market suffered from sluggish growth and overcapacity in 2015…
CMA CGM Ups NOL Stake to 2.32%
French container shipping group CMA CGM bought an additional 2.4 million shares in takeover target Neptune Orient Lines (NOL) from the open market on Thursday at $1.235 and $1.24 per share…
CMA CGM Suspends TBL Service to Bamako
Due to operational constraints, CMA CGM informs its customers that the rail service from Dakar (Senegal) to Bamako (Mali) is suspended until further notice. In order to ensure service continuity…
Greece Okay's China's Cosco Improved Bid
The state privatization fund Hellenic Republic Asset Development Fund (HRADF) of Greece has accepted a “significantly improved” offer from China’s Cosco Group for…
Borouge, Maersk Agree to Reduce CO2 Emissions
Abu Dhabi-based petrochemical company Borouge signed an agreement with Maersk Line to reduce carbon dioxide emissions for their shipments. Besides being the first…
Eastern Launches Tug for Suderman & Young
Eastern Shipbuilding Group, Inc. launched the Escort Tug NEPTUNE for Suderman & Young Towing Company on January 5, 2016. This series of Robert Allan, LTD. (RAL)…
Ampelmann Expands to Aberdeen
Ampelmann, a provider of motion compensation access solutions, is opening an office in central Aberdeen as the next step in the continued expansion of the company.
Record Traffic in Port of Ystad
Port of Ystad saw record breaking traffic numbers in 2015, retaining the port’s position as Sweden’s third largest ferry passenger port. The largest increase was in bus traffic…
Diana Newcastlemax in $2.13m RWE deal
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary…
Star Bulk to sell Capesize for $ 37 mln
Star Bulk Carriers Corp. a global shipping company providing transportation solutions in the dry bulk sector, today announced that the Company has entered into an…
Krishnapatnam Port now Fully Operational
The Hyderabad-based CVR group led Krishnapatnam Port Company addressed as the ‘cape hub’ of India becomes home for Capes once again as it resumes normal operations…
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