Ten Detained Navy Sailors Return to US
The 10 U.S. Navy Sailors assigned to Coastal Riverine Squadron 3 who were briefly detained by Iran Jan 12-13, returned to their homeport in San Diego last night.
Japan Warns against China's Maritime Activities
Japanese Foreign Minister Fumio Kishida warned against China's increasing maritime activities, such as artificial land construction in the South China Sea, reports Nikkei.
DP World to Develop Russian Ports
Dubai-based port operator DP World and the Russian Direct Investment Fund have launched a joint venture to develop ports, transportation and logistics infrastructure in Russia.
Keppel Profits Fall
Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for…
Miserable Start for Dry Bulk Shipping
The global production of steel dropped in 2015 compared to 2014, to a larger extent outside China, as China exported its surplus of steel to destinations across the globe…
Indonesia to Open Mini LNG Terminal in March
Indonesia's first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March,…
Hoegh LNG Declares Higher Dividend
Höegh LNG Partners LP announced that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended December 31, 2015 of $0.4125 per unit.
China's Maritime Economy Approaches $1 Trillion
Total maritime output or maritime economy of China is expected to generate nearly 6.5 trillion yuan (988.79 billion U.S. dollar) in 2015, about 7 percent more than 2014, reports Xinhua.
Annual Maritime Crime Statistics for 2015
Dryad Maritime, the UK’s leading maritime intelligence and operations company has released its analysis of worldwide reported incidents of piracy and crime against mariners for 2015.
Hurricane Condition Whiskey for Port of Delaware Bay
The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania…
MISC Hands Over Naval Auxiliary Vessel BM5 To RMN
MISC Berhad (MISC) today had successfully handed over to the Royal Malaysian Navy (RMN) the Naval Auxiliary Vessel BUNGA MAS LIMA (BM5), joining the RMN’s current…
Good Year for Damen Shipyards Sharjah
Damen Shipyards Sharjah (DSS) was officially opened in January 2014. Now, two years later, the yard celebrates its anniversary with a total of 13 vessels being dry-docked simultaneously.
Tallink’s Next LNG Fast Ferry: Megastar
Tallink’s new LNG fast ferry scheduled to be delivered in 2017 will be named Megastar. The name was chosen among 21,550 name proposals submitted to the public name contest. According to the Chairman of the Board of AS Tallink Grupp, Janek Stalmeister, the name enables the operator to maintain unity among the names in the Tallink Shuttle fast ferry family.“As Megastar will be among the largest of her kind in the world, this name expresses perfectly the characteristics of the ship.
Iran Plans Listing NITC to Fund Fleet Modernization
Iran plans to list its national tanker company to raise badly needed cash to upgrade its massive fleet and replace older vessels, as the middle east country prepares for an aggressive return to the global oil market. The country emerged from years of economic isolation last weekend after crippling sanctions were lifted in return for Tehran complying with steps to curb its nuclear ambitions. Iran has one of the world's biggest tanker fleets…
Van Oord Orders Cutter Suction Dredger
Van Oord has ordered a new cutter suction dredger from Royal IHC. The vessel, to be named Biesbosch, is a modular IHC Beaver 65 DDSP built at the yard in Sliedrecht…
NASSCO Delivers Second LNG Containership
Fueled by liquefied natural gas, the Perla Del Caribe will join its sister ship, the Isla Bella, as the greenest containerships in the world. U.S. shipbuilder General Dynamics NASSCO today delivered the world’s second containership to be operated by liquefied natural gas (LNG), the Perla Del Caribe. The ship was delivered two months ahead of schedule and is the sister ship of the world’s first LNG-powered containership, the Isla Bella, also built by NASSCO for TOTE Maritime.
Vale: 200,000 Tns/Day of Iron Ore Halted at Tubarão Port
The court-ordered closure of miner Vale SA's Port of Tubarão in Brazil has blocked the loading of some 200,000 tonnes of iron ore per day, the company said in a Friday statement.
Mexico Closes Gulf Oil Port as Cold Front Sweeps In
Mexico's Gulf port of Coatzacoalcos in the state of Veracruz was closed on Friday due to 82 kilometer-per-hour winds spurred by a cold front, port authorities said in a Tweet on Friday.
Greece to Restart Crude Oil Purchases from Iran
Greece's biggest oil refiner Hellenic Petroleum agreed on Friday to buy crude oil from the National Iranian Oil Company (NIOC), the first European refiner to restart…
Fires Still Raging at Major Libyan Oil Terminal After Attack
Fires at oil storage tanks in the major Libyan terminal of Ras Lanuf were still raging on Friday more than 24 hours after an attack by Islamic State militants, a firefighting official said.
