Hanjin Fleet Shrinks
Following its bankruptcy filing, Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners…
GAIL Scraps $7-bn LNG Tender
Indian state-owned energy firm GAIL India Ltd has scrapped a USD 7 billion tender for hiring newly built ships to ferry LNG from US after bidders did not agree to 'Make-in-India' terms…
Two Final Bids for Hanjin
Bankrupt Hanjin Shipping Co has received two final bids for its Asia-U.S. route and its 54% ownership in the Long Beach terminal, the Wall Street Journal reported.
Great Eastern Shipping Q2 Profit Falls About 24 Pct
Great Eastern Shipping (GES) Company posted a 23.9 per cent decline in consolidated net profit at Rs 268.7 crore ($40 million) for the second quarter ended September 30, 2016, reports PTI.
Arunta Sails for Extended Mission
There was a sombre tone at HMAS Stirling, in Western Australia, as the 191 men and women serving in HMAS Arunta said goodbye to loved ones and joined the frigate…
Flogas Britain and Stolt-Nielsen announce LNG project for Rosyth
Flogas Britain, the UK’s leading liquefied natural gas (LNG) provider, and Stolt-Nielsen LNG Holdings Limited, a subsidiary of Stolt-Nielsen Limited (Oslo Børs: SNI)…
Double Naming Ceremony of Russian Icebreakers
On Saturday a double naming ceremony took place at Havyard Ship Technology, for the two icebreaking offshore vessels delivered to the Russian shipping company Femco.
Five Rescued from Capsized Boat off Carolina Beach, NC
Coast Guard and partner agencies rescued five people Saturday from a capsized vessel about three miles off the coast of Carolina Beach. Sector North Carolina watchstanders…
Boskalis Profits Zoom as Expected
Royal Boskalis Westminster N.V. (Boskalis) closed the third quarter of 2016 in line with expectations. Both revenue and operating profit were higher than the average…
Holcomb to Speak at Indiana Logistics Summit
Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov.
Shoreham Port Engineers Complete Lock Gate Maintenance
On the 18 th October, the Port’s Engineering team successfully replaced the existing 1.8m diameter sluice valve at the south east corner of our Prince Phillip Lock…
