BW LPG Registers 10% Growth in VLGC Fleet
Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export. However,…
Nigeria: What are the Implications for Tanker Demand?
Nigeria’s crude oil production and exports have been hit by severe outages as a result of attacks on oil infrastructure by rebel fighters in the Niger River Delta.
Maybulk on Selling Spree
Malaysian Bulk Carriers Bhd (Maybulk) is said to be putting two more vessels up for sale, says The Edge, a local media. This comes on the heels of reports that it…
Phaethon Takes Diana Panamax on Timecharter
Phaethon International has chartered a panamax bulk carrier Which is owned by the Greek shipping Diana Shipping on for up to eight months with a daily rate of US $ 5…
Cyclone Roanu kills 21 in Bangladesh
A cyclone battered coastal Bangladesh on Saturday, killing at least 21 people and injuring many more, but has now weakened into a depression that the weather office…
IMO to Prevent Cyber-attacks
At a meeting of the IMO's Maritime Safety Committee (MSC), it was recognised that ships may also be exposed to so-called cyber-attacks. Now, the IMO wants to prevent…
Ivar Aasen Ready for Departure
(Singapore, 22 May 2016) The topside of Ivar Aasen field was completed on Sunday at the shipyard in Singapore and sailed to Norway shortly. The tire was delivered on budget and on time…
Cheoy Lee Joins Robert Allan “Century Club”
On April 26, 2016, Cheoy Lee Shipyards launched the 100th vessel it has built to a Robert Allan Ltd. design, becoming the second shipyard worldwide to do so, after…
Pioneer Marine Sink Deeper into the Red
Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ("Pioneer Marine," or the "Company") a leading shipowner and global drybulk handysize transportation service…
HCI Group Takes Over 13 Feeder Containerships
The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio acquisition…
DP World at China’s Belt & Road Summit
Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need…
Samskip, Pro-Log Double Barge Services
Multimodal network operator Samskip and inland waterway transport provider Pro-Log are celebrating the 10th anniversary of barge operations connecting Rotterdam and Duisburg by adding a second vessel…
JWA to provide ShipDC with Marine Weather Info
The database service operated by ClassNK’s wholly owned subsidiary Ship Data Center (ShipDC) has been set to receive marine weather information from Japan Weather Association.
Canada Invests $289 Mln in Harbor Improvements
Hunter Tootoo, Minister of Fisheries, Oceans and the Canadian Coast Guard announced that the Government of Canada is investing $289 million in small craft harbors across the country in 2016-2017.
Subsea 7 Secures EPCI Contract
Subsea 7 S.A. announced it has been awarded an engineering, procurement, construction and installation (EPCI) contract for offshore execution in 2017 and 2018. The…
Philly Shipyard Lays Keel for Second APT Tanker
Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).
US Navy Accepts Delivery of Future USS Zumwalt
The U.S. Navy has accepted delivery of future USS Zumwalt (DDG 1000), the lead ship of the Navy's next-generation of multimission surface combatants, May 20. DDG 1000 is tailored for sustained operations in the littorals and land attack, and will provide independent forward presence and deterrence, support special operations forces, and operate as an integral part of joint and combined expeditionary forces.
Human Remains and Belongings Found from Plane Crash at Sea
Egypt said on Friday its navy had found human remains, wreckage and the personal belongings of passengers floating in the Mediterranean, confirmation that an EgyptAir…
High Speed Support Vessel Delivered to Oman Navy
RNOV Al Mubshir, the first of two 72-meter High Speed Support Vessels (HSSVs) to be built by Austal Limited for the Royal Navy of Oman under a $124.9 million design, construct and integrated logistics support contract, has been delivered. Austal commenced construction of the HSSVs in August 2014 at its Henderson, Western Australia shipyard, with the second HSSV scheduled to be delivered later in CY2016, in line with the contract.
US Oil Rig Count Steady for First Time This Year
U.S. energy firms this week kept the number of rigs drilling for oil unchanged for the first time this year, services company Baker Hughes Inc said on Friday, as…
