Asian Traders Unload Floating Gasoline as Market Flips
Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline in…
Bulgaria, Greece to Consider Greek LNG terminal
Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied…
China to "Pressure" U.S. on Maritime Issues
China will "pressure" the United States on maritime issues at talks in Beijing next week because of Chinese concern about an increased U.S. military presence in the disputed South China Sea…
New Norsafe Boat with Diesel Outboards Debuts
Norsafe launched a new boat, the Marathon 900 RIB, the company's first RIB complementing an already wide range of boats for professional and military customers. The Marathon 900 RIB was demonstrated with two newly developed Mercury outboard engines that can run on diesel fuel. Mercury OptiMax Diesel Outboard, which was developed for the U.S. Armed Forces, is a 3.0 liter V6 engine that produces 175 propshaft horsepower.
Petrobras Announces new President, Management Changes
Petrobras reports that it has received the letter of resignation of Mr. Aldemir Bendine the functions of a member of the Board of Directors and President of the Company today. In addition, Mr.
Strategic Marine Building Luxury Crewboat
Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year.
Harding Sold to Palfinger
The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group.
First German-Latvian Maritime Forum in Riga
On 19 May, Ziemelblazma Culture Palace in Riga, the Latvian capital was the venue for a meeting between numerous representatives of the Ports of Liepaja, Riga, Ventspils, Lübeck, Kiel and Hamburg.
Queen Mary 2 set for Extensive Blohm + Voss Refit
On May 27, at 8:00 PM, the Queen Mary 2 docked at Blohm+Voss at dry dock ELBE 17, well-known to the ocean liner. There, the flagship of the long-established British…
BigLift Transports Two Siwertell CSU’
Earlier this month, BigLift Shipping’s Happy Dynamic successfully transported two 560 mt Siwertell Continuous Ship Unloaders (CSUs) from Chioggia, Italy, to Liverpool, UK.
Trim Optimization – Saving Fuel on Offshore Supply Vessels
A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill…
The Impact of Hull Form on Efficiency
There is a growing interest in the fuel efficiency of ships because of fuel prices, climate change and energy security issues. This has resulted in, amongst other things…
Singapore Shipping Profits Up
Singapore Shipping Corporation(SSC)'s net profit increased 7.8 per cent to US$9.6 million for the financial year ended March 31, 2016, compared to the previous year.
Shipping Corp Seafarers on Hunger Strike
Around 200 seafarers with Shipping Corporation of India (SCI), the country's largest shipping company, are on a hunger strike (industrial action) since Saturday over wages and arrears.
Elektrans Shipping Appoints Deepak Arora as MD
Elektrans Group announced the promotion of Capt. Deepak Arora to Managing Director of Elektrans Shipping Pvt. Ltd. Capt Arora has been with the Elektrans Group for…
DNV GL’s Ellen Crivella Named 2016 Rising Star by Women of Wind Energy
DNV GL’s Ellen Crivella was honored with the 2016 Rising Star Award at the Women of Wind Energy (WoWE) luncheon at the 2016 AWEA Windpower Conference and Exhibition.
Full-term Certificates for “MV. Ceylon Breeze” from DNV GL
DNV GL has added to its registry as of March 2016 a new vessel built for Ceylon Shipping Corporation (CSC), a fully Sri Lanka Government-owned commercial enterprise…
CMA CGM Intends Offer to Acquire NOL
Following the satisfaction and waiver (as the case may be) of the conditions set forth in the pre-conditional offer announcement dated 7 December 2015, CMA CGM S.A.
Wärtsilä Electrical Systems for SIEM RoRo Ferries
Wärtsilä has been awarded the contract to provide integrated turnkey electrical solutions for four new RoRo ferries being built at the Flensburger Schiffbau-Gesellschaft (FSG) yard in Germany.
APM Terminals Bahrain Push for Safety, IT systems
Hidd, Khalifa Bin Salman Port, Bahrain - APM Terminals Bahrain, operators of Khalifa bin Salman Port (KBSP), has recently made significant advances in Safety performance…
