ENI Gets Conditional Consent to Start Arctic Goliat Field
Italy's ENI got a conditional consent to start using its floating oil production and storage facility (FPSO) at the world's northernmost oil field in the Norwegian sector of the Barents Seaā¦
New Transas CEO Plans Market Shakeup
The new CEO of Transas, Frank Coles, has vocalized his vision for the future of the global maritime technology for the first time since his appointment in late 2015. The Transas CEO has his sights set on the company delivering the technology and solutions needed for the integrated maritime industry infrastructure of the future. Revealing Transasā new vision statement in an exclusive interview with Ship Efficiency Reviewā¦
Baltic Index Tumbles Further Over Demand Worries
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, continued its freefall to close at a record low on Tuesdayā¦
China: Manila Exaggerates South China Sea Tensions
China accused the Philippines on Tuesday of deliberately trying to scare people by saying China had warned a small civilian plane carrying Philippine officials itā¦
Romania Reopens Black Sea Ports, Weather Improves
Romania's Black Sea ports including the main port of Constanta reopened on Tuesday after a two-day stoppage as snowfalls and winds eased, a port official said. "Constanta reopened at 9:15 a.m.
NileDutch Launches US East Coast to West Africa Service
NileDutch, the container carrier specializing in West Africa, is setto introduce a new service to link the East Coast of the U.S. with West Africa and Europe. The rotation will start in New York and the service will run every nine days. The first vessel, the MV Cafer Dede will sail on February 16, 2016. According to the shipper, the new development aims to meet the growing demand from exporters in the East Coast of the U.S. for better access to their markets in West Africa.
Navig8 Acquires an LR2 Tanker
Navig8 Product Tankers Inc took delivery of its third LR2 Product Tanker today. It is LR2 109,999 dwt product tanker m.t. "NAVIG8 SOLACE" from Sungdong Shipbuilding & Marine Engineering Co, Ltd.
WWL, Baltimore Port Ink 30-Year Deal
Administration to serve the Port of Baltimore for another 30 years to 2045. The contract is expected to generate 2,500 jobs over the next three decades. Baltimoreā¦
3 Divers Rescued near Penguin Bank, Molokai
The Coast Guard rescued three missing divers near Penguin Bank, Molokai, Monday. "The Coast Guard advises all divers to have a dive buoy, signaling device, and reflective equipment,ā said Lt.
Antwerp Port Sees Record Volumes in 2015
In 2015 for the first time in its history the port of Antwerp passed the 200 million metric ton mark for the volume of freight handled, by a wide margin. On December 31ā¦
Container Service to Connect Port Canaveral
GT USA, the US arm of UAE-based global ports and logistics company Gulftainer, announced the new āBlue Stream Serviceā, a weekly container cargo service connecting Port Canaveral to Europeā¦
Tourists rescued from blazing boat off NZ
A passenger ferry, Pee Jay V, carrying 60 people caught fire off the coast of New Zealand on Monday, officials say, but all those on board were rescued safely. The incident began at about 3:45 p.m.
Chevron Mulls LNG Supplies to China
Energy giant Chevron has signed a preliminary agreement with China's ENN LNG Trading company to supply liquefied natural gas (LNG) from its $54 billion Gorgon LNG project in Western Australia.
Daewoo's World's First Icebreaking LNG Carrier for Russia Launched
Daewoo Shipbuilding and Marine Engineering (DSME) launched on Friday the worldās first icebreaking liquefied natural gas (LNG) carrier at its Okpo shipyard in Geoje, South Gyeongsang.
Green Signal for Iranian Tankers in European Ports
The Mehr News Agency reports that the British Lloyd's Register Group has canceled one sanction against Iranās oil industry by issuing certificates for commute ofā¦
Scenic to Build World's First Discovery Yacht
Scenic has announced the launch of the worldās First Discovery Yacht, the Scenic Eclipse. The new ship will embark on its maiden voyage August 31, 2018, sailing from Istanbul to Veniceā¦
Mercator Exists Dry Bulk, Divests Fleet
As a part of an ongoing portfolio restructuring exercise following booking of losses for three years in a row, Mercator Limited has decided to exit dry bulk businessā¦
Chinese Shipyards Sails in Rough Seas
Shipbuilders in China will continue facing rough weather. According to a report in Bloomberg, new orders received by Chinese shipbuilders fell by nearly half last year from 2014ā¦
Chevron and ENN Sign Gorgon LNG Agreement
Chevron Corporation announced that its Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia. When the deal is finalized, ENN is expected to receive up to 0.5 million metric tons per annum (MTPA) of LNG over 10 years, with deliveries starting in 2018 or the first half of 2019.
Lloyd's Register to Resume Iran Business
Lloyd's Register (LR) is working on resuming services to verify safety and environmental standards for Iranian shipping companies, the ship classification society said on Monday.