VLCC's Used for Asia-Europe Diesel Liftings
Total charters VLCC to move diesel from Asia to Europe; Vitol ships diesel from Asia to Europe in Suezmax. At least two companies are planning to ship diesel in…
Wartsila Projects 2016 Profit Growth
Finnish industrial engine maker Wartsila reported higher quarterly earnings on Wednesday and forecast improved margins this year, hoping growth in services would…
Greek Pension Protests Hit All Transport Sectors
Ferries were docked at Greek ports on Wednesday as sailors kicked off their second 48-hour strike this week, adding to a groundswell of public discontent over plans…
Keppel, BG Group JV to supply LNG Bunkers in Singapore
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply…
India Fosters Growth in its Maritime Sector
The Indian government’s has been going all out to put the growth of the Indian maritime Industry on a fast track by opening up a host of opportunities, offering…
Ro-Ro Volumes at Ports of Stockholm Thrive
High volumes of RoRo freight in December generated the strongest end of year monthly figures at Ports of Stockholm since 2011. Freight volumes in the RoRo segment…
Vessel Sinks in Atlantic Entrance to Panama Canal
The M/V ALITA. IMO 8503814 (174.10 meters LOA x 15,85 meters in beam) has been reported sunk at the following approximate position: Latitude 09 deg. 23.87’N and Longitude 079 deg.
Norwegian Cruise to Expand in Europe
The Miami-based cruise operator Norwegian Cruise Line has announced its ground-breaking summer 2017 deployment for Europe with for the first time in company history…
Passengers Stranded in Philippine Ports
Hundreds of boat passengers bound for Leyte, Bohol and other parts of the Visayas got stranded in the different ports of Cebu as the Cebu Coast Guard barred small vessels from traveling…
Mangalore Port to Roll out LNG Terminal, Ro-Ro Service
India's New Mangalore Port Trust (NMPT) Chairman P.C. Parida said the port is confident of completing work on the proposed Liquified Natural Gas (LNG) terminal which shall be operational in 2017.
Canadian National Rides High in Intermodal Growth
The Montreal-based Canadian National Railway (CN) reported a higher fourth-quarter profit and raised its dividend, bucking a weak trend among major North American railroads.
Jinhui Issues Profit Warning As Dry Bulk Plummets
Jinhui Shipping and Transportation Limited expects to record a wider net loss for the fourth quarter and year ended 31 December 2015, compared to a year earlier…
Happy Reunion with CMA CGM
CMA CGM is offering more Reunion Island services as it positions the French department to be its hub in the Indian Ocean. CMA CGM presented its new strengthened…
Farstad Bags Petrobras Contract
Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels were…
1,200+ Migrants Rescued off Libya
Italy's coast guard said on Tuesday it had coordinated the rescue of 1,271 migrants from rubber and wooden boats in several operations off the coast of Libya. Italy…
Insurance Snags May Impede Iran Oil Exports
Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said on Tuesday.
Ferries: An Economic Driving Force
While most people know that ferries are a method of transportation, few have a good understanding of the nature of the sector and its importance. In Canada, ferries transport more than 55 million passengers, over 19 million vehicles, billions of dollars’ worth of goods and they employ close to 35,000 people. Beyond the numbers are the personal stories. and much more. For a good portion of Canadians, ferries are part of their way of life.
Interferry: Aiming High in the Cause of Common Sense
Interferry CEO Len Roueche reviews the latest regulatory challenges impacting the ferry industry. With U.S. origins dating back more than 40 years, Interferry is the trade association and main voice for the global ferry sector – a crucial but often forgotten part of the wider shipping industry. Historically this has been particularly true with regard to regulatory issues at the International Maritime Organization (IMO)…
Interview: Dave Anderson, President, Passenger Vessel Association
Dave Anderson is the President of the Passenger Vessel Association (PVA). He also serves as General Manager/Director of Operations of Fire Island Ferries, Inc., Bay Shore, N.Y. on Long Island. The company has provided passenger service, freight service and water taxi service to Fire Island communities since 1948. The firm operates 23 subchapter T and K vessels ranging from six to 400 passengers. Anderson…
Willard Marine Delivers SOLAS 670 to U.S. Army
Willard Marine, Inc., recently delivered a SOLAS 670 rescue boat to the U.S. Army to serve aboard the USACE Dredge McFarland in Philadelphia, Pennsylvania. Outfitted…