BP Puts Tab for Gulf Disaster at $62 Bln
BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now…
NOIA Applauds Passage of House Interior Appropriations Bill
“NOIA applauds members of the House of Representatives for passing the first Interior and Environment Appropriations bill since 2009. Not only does the passage of the bill bring back regular order…
Biden Visits Stennis
Vice President Joe Biden visited the Sailors aboard USS John C. Stennis (CVN 74) July 14, while the ship and John C. Stennis Strike Group (JCSSG) were participating…
Oil Prices Rally after Turkish Military Takes Over
Oil prices extended gains in post-settlement trading on Friday after Turkey's armed forces said they had taken power in the country to protect the democratic order and to maintain human rights.
WFW Advises Teekay on Major Financing Initiatives
International law firm Watson Farley & Williams LLP (“WFW”) advised long-standing client Teekay on the successful completion of financing initiatives for Teekay…
Fathom to Focus on Student Education
Fathom is finalizing preparations for its July 17 Dominican Republic voyage representing the first ever cruise to the Caribbean focused on Science, Technology, Engineering and Math (STEM) programming.
Tighe Takes Charge of Information Warfare, Naval Intelligence
Vice Adm. Jan Tighe assumed the duties of the Deputy Chief of Naval Operations (DCNO) for Information Warfare (N2N6) and Director of Naval Intelligence (DNI) July 15 at the Pentagon.
Petrobras, SBM Offshore, Brazilian Authorities Reach Settlement
The Ministry of Transparency, Oversight and Control (Ministério da Transparência, Fiscalização e Controle - "MTFC"), the Public Prosecutor's Office (Ministério Público Federal - "MPF")…
Roll-Lift Appoints New Agent
Roll-Lift, the Heavy Lift Transportation Specialist based in The Netherlands has appointed Mr. Miguel Flórez de la Colina as their sole representative for clients based in Spain…
Japanese Shipbuilding Sliced
New ship orders placed at Japanese yards fell by 80% during H1 2016 compared to H1 2015, according to data from the Japan Ship Exporters' Association (JSEA). According to ALIBRA Weekly Market Report…
Royals on the High Seas!
Regent Seven Seas Explorer is billed as the most luxurious cruise ship in the world. Her Serene Highness Princess Charlene of Monaco took the role of godmother.
Promoting Facilitation in Fiji
A National Seminar on Facilitation of Maritime Traffic is being held in Suva, Fiji (13-15 July). The event aims to assist Fiji to more effectively implement the…
Somalia Stakeholders Forum Reviews Maritime Code
​The revised Somalia Maritime Code is being finalized at a four-day Stakeholders Forum, sponsored by International Maritime Organization (IMO) (Kigali, Rwanda 12-15 July).
Cargo Shipping Market to Reach 12.52 Bln Ton by 2021
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo Shipping Market is projected to reach 12.52…
EU's Statement on South China Sea Reflects Divisions
The European Union issued a statement on Friday noting China's legal defeat over the South China Sea but avoided direct reference to Beijing, reflecting discord…
Sovcomflot Buys Nine PRISCO Tankers
Russia’s PAO Sovcomflot (SCF Group) subsidiary SCF Tankers Ltd. has won an auction for nine arctic-going tankers that belonged Primorsk International Shipping Ltd.
MR Tanker Stena Imagination Delivered
Chinese shipyard GSI (Guangzhou Shipbuilding International) has delivered the newly built MR tanker Stena Imagination to 50-50 joint owners Stena Bulk and Indonesian Golden Agri Resources (GAR). She will be operated by Stena Weco and sail in the company’s global logistics system, which currently employs about 60 vessels. Stena Imagination is the seventh of 13 IMOIIMAX tankers ordered by Stena Bulk.
Asia Tankers: VLCC Rates Steady on Drip-fed Cargoes
Freight rates for very large crude carriers (VLCCs) are set to maintain the current levels next week as charterers drip-feed cargoes for August loading into an overtonnaged market, ship brokers said.
SOLAS VGM: Concerns, Impacts and the Road to Compliance
Shipping industry veteran Dan Gardner is director of Mobileweight, which helps to streamline processes and create efficiencies for the container shipping industry. The firm’s first-of-its-kind mobile application and online portal Mobileweight aims to offer a reliable, fast and easy way to comply with SOLAS and electronically file the VGM with ocean carriers. Gardner weighs in on the latest SOLAS VGM requirements which entered force on July 1…
Ocean Signal, AMI Marine Partner
Communication and safety at sea specialist Ocean Signal and manufacturer of marine electronic equipment AMI Marine have formed a new partnership to collaborate on product development for the large commercial vessel sector. Combining the specialist knowledge and extensive technical background of two of the UK’s most experienced marine companies, the cooperation facilitates a unique capability to incorporate the latest technology within new solutions to fulfil demand for next generation…
