Passenger Ferry Launched for Azam Marine
The eighth Incat Crowther-designed vessel for Tanzanian operator Azam Marine, passenger ferry Kilimanjaro VI, has been launched. Built by Richardson Devine Marine, the 39-meter catamaran ferry builds on the operational experience of the fleet and brings improvements to passenger accommodation and propulsion, as well as a new, sleeker appearance, the designer said. Kilimanjaro VI features four ramps per side to load passengers and luggage.
EIA: Floating Storage Up, Shipping Routes Altered from Distillate Oversupply
According to a weekly update from the U.S. Energy Information Administration (EIA), an oversupply of European distillates is raising the amount of product being held in floating storage, and also causing changes to shipping routes to slow delivery to the continent. Europe is experiencing a relatively warm winter resulting in weaker demand, and also high refinery runs in Europe and increased imports have kept distillate inventories in the Amsterdam…
Sinopec Plant Resumes Diesel Export after Blasts
A Sinopec Corp -operated refinery in the northern Chinese city of Tianjin resumed exporting diesel this month after a five-month halt following massive explosions in the port area…
COSCOCS to Keep Alliances for Now, Review Partners Later
China Cosco Shipping (COSCOCS), China's biggest shipping line, plans to carry out a careful selection of its future vessel-sharing alliance partners, but will maintain…
Two Migrants Drown off Sicily, Italy Coastguard Says
Two migrants drowned off the coast of Sicily, Italy's coastguard said on Friday, adding to the thousands who have died in the Mediterranean in the last year as European…
Baltic Dry Index Edges up on Improved Rates for Smaller Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally rose on Friday on improved rates for smaller vessels.
Excellence in Partnering Award for "Atlantic Canyons" Team
The National Oceanographic Partnership Program (NOPP) will present the 2015 Excellence in Partnering Award to 17 organizations involved in the Atlantic Canyons study…
Damen CSD350 dredger for 200 km Internal Waterway
Nicaraguan Tourist Agency selects Damen CSD350 dredger for 200 km internal waterway project. A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR…
G6 Alliance Voids Asia-Europe Sailings
Members of the G6 Alliance today announced additional void sailings within their Asia-Europe product in response to changes in market demand. As the G6 Alliance…
Navig8 Acquires Two Newbuildings
Navig8 Product Tankers Inc., today announced that it has taken delivery of two further product tankers from its newbuilding program – the Navig8 Symphony, a 110…
“ProteOMZ” Surfaces Findings in Low Oxygen Ocean Waters
Dr. Mak Saito from Woods Hole Oceanographic Institution, along with his research team have just returned from a 22 day expedition, called “ProteOMZ”, aboard Schmidt…
Teekay Tankers Misses 4Q Profit forecasts
Teekay Tankers Ltd. reported adjusted net income attributable to its shareholders of $48.5 million, or $0.31 per share, for the quarter ended December 31, 2015, compared to $18.6 million…
Charleston Port Joins USDA Cold Treatment Program
Crowley Maritime Corp.’s Miami-based subsidiary specializing in Customs clearance of imported perishable apparel and refrigerated products, said it could begin clearing…
China Marine Giant COSCOCS Strategizes Business
China COSCO Shipping Corp Ltd (COSCOCS), a new company formed by the restructuring of China's top two shipping firms, was officially established on Thursday (February 18).
Bahamas Pushes Martitime Activities
Bahamas' Prime Minister Christie has met with Global Shipping Giant Mediterranean Shipping Company (MSC), in Geneva. Principal and founder of MSC, Gianluigi Aponte…
US, Australia and EU Warn China on South China Sea
China was warned by many the United States and the European Union that it should respect a ruling later this year on its dispute with the Philippines over territory in the South China Sea…
Shippers Avoid Panama and Suez Canals Due to Charges
Container lines are adopting alternative routes to the Panama and Suez Canals to avoid charges say the Copenhagen-based SeaIntel Maritime Analysis. SeaIntel state…
Top Experts in Advisory PortXL
The advisory committee is, together with the board of trustees, the strategic advisory body of the PortXL accelerator program. PortXL is a mentorship driven open…
Bidding for Davao Port Project Moved to March
The Department of Transportation and Communications (DOTC) has moved the bid submission for the Davao Sasa Port Modernization public-private partnership (PPP) project to March 28 from Feb.
ABG Shipyard Stake for Sale
The cash-strapped Indian shipbuilder ABG Shipyard will likely close the deal for a 51 per cent stake sale by the end of this financial year, its managing director and CEO Syed Abdi said.
