Glencore, Australian Partners Looking at Steep Port Costs
Two partners in port project have entered administration means that port charges are now higher for other backers. Glencore and five other miners backing the world's…
Russia to Increase Q2 Baltic Urals Shipments
Russia is set to increase Urals exports and transit from its Baltic Sea ports by 0.7 million tonnes to 19.9 million tonnes in the second quarter, an export schedule showed on Thursday.
Gibdock Gets Strategic with HMS Scott
Gibdock’s strategic location has been brought into sharp focus with the docking of HMS Scott, the largest vessel in the Royal Navy's Hydrographic Squadron, for a…
Maersk to Call at Kakinada
Maersk Line becomes the first liner to operate from Kakinada port which offers customers global coverage. Maersk Line India has added a new port of call into Kakinada…
MAIB: Multiple Errors in Hoegh Osaka Grounding
A number of reporting and operational errors caused the list and grounding of Höegh Osaka on January 3, 2015 according to an investigation by the Marine Accident Investigation Branch, UK.
CKYHE Revises Europe Service Network
CKYHE Alliance - COSCON, "K"Line, Yang Ming, Hanjin and Evergreen Line - is reorganizing its service network for Asia-North Europe and Asia-Mediterranean trades in 2016.
RollDock Expands
RollDock Shipping B.V. (part of the Roll Group) confirmed the purchase of their 7th vessel, the MV RollDock Sky. This is the third semi-submersible multipurpose…
Cosco Pacific among Others to Bid for Greek Rail
Tender for the Greek rail service company Trainose, steams ahead with three potential suitors, say local media. Besides Hong Kong-listed Cosco Pacific, which is certain to participate…
Cosco Bags Self-Elevating Workover Unit Contract
Cosco (Nantong) Shipyard, a subsidiary Cosco Shipyard Group Co, has won an order to build one self-elevating workover unit for an Asian shipowner, with an option for one more similar unit.
China Merchants Offers to Buy Baltic Exchange
China Merchants Group has made an informal bid for London’s Baltic Exchange, says a report in Reuters. The State-run conglomerate has made an informal offer through a subsidiary…
NileDutch Acquires Safmarine MPV
NileDutch, West Africa specialist container line based in the Netherlands, will take over the final portion of Safmarine MPV, which sails a mixture of containers…
GasLog Appoints Bruno Larsen to Head FSRU
GasLog Ltd has appointed Bruno Larsen as head of floating storage and regasification unit (FSRU) development. Larsen has previous experience in both the LNG and FSRU sectors…
Statoil Exercises Ocean Installer Option at Vigdis
Ocean Installer will undertake flexible jumper replacement operations for Norwegian operator Statoil at the Vigdis field, says a statement from the company. Ocean…
Hyundai Hit by $100mln Addl Tax Bill
South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has been hit by another hurdle as it faces KRW 120 billion (USD 100.5 million) in taxes, Yonhap news agency informed.
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