Pakistan Cancels Shell LNG Deal, Cites Price as Reason
Pakistan State Oil has dropped plans to buy 60 liquefied natural gas (LNG) cargoes from Royal Dutch Shell after receiving a lower price from Qatar, two trade sources…
Iran's Tankers Target India, EU
Iran wants to up exports to India by 200,000 bpd within 6 months. With Iran ready to resume business as usual with the world under a historic nuclear deal, Tehran will target India…
U.S. Freight Volume Dips: Kemp
![File image: Barge fleeting operations on the U.S. inland river system (WCI)](https://images.marinelink.com/images/maritime/w100h1500/file-image-barge-fleeting-operations-54148.jpg.tif)
Freight volumes in the United States have fallen year on year for the first time since 2012 and before that the recession of 2009, according to the Bureau of Transportation Statistics. The total volume of freight moved by road, rail, pipeline, inland waterways and as air cargo in November 2015 was 1.1 percent lower than in the corresponding month a year earlier. Freight demand growth has been slowing…
EU Investigating Antwerp Box Port Operators
The European Commission said on Friday it had opened an in-depth investigation into alleged state aid to two container terminal operators in Europe's second busiest port, Antwerp in Belgium.
U.S. Light Crude Imports Surge Again
U.S. imports of light crude from across the Atlantic are set to jump this month to their highest in more than two years, according to market sources and trade data…
Euronav Reports: Tanker Market is "Full Steam Ahead"
Euronav NV (NYSE: EURN) this morning issued a release to set the record straight with investors, from its perspective, on current market conditions in the large tanker market.
BIMCO's "SUPERMAN" Contract for Newbuilding Supervision Services
BIMCO has now launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. The contract, code named SUPERMAN…
Sølvtrans Orders Live Fish Carrier
Traction in the global fishing vessel market continues to grow, as Kleven signed a contract with Norway’s Sølvtrans on the delivery of a live fish carrier vessel.
Oceanside Police Orders Crystaliner from Willard Marine
Willard Marine, Inc., a global leader in the manufacture of mission-proven boats, has received an order to produce a 33-foot, fiberglass harbor patrol boat for the…
Restructuring at Royal HaskoningDHV
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January…
DP World Tops Middle Eastern Index
For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks…
North Sea Gets 360° Safety Equipment Servicing Coverage
The European Aviation Safety Authorities’ Part 145 approval of VIKING’s Bergen, Norway, servicing station heralds the completion of a ring of safety around the North…
Cutter Dependable Returns from Fisheries Enforcement Patrol
The crew of Coast Guard Cutter Dependable returned home to Virginia Beach, Virginia, Jan. 14 following a 40-day fisheries enforcement patrol focusing on offshore…
Mumbai Port's 2nd Liquid Chemical Berth Inaugurated
Mumbai Port Trust commissioned its second Liquid Chemical Berth at Pir Pau on January 13th 2016. The facility was inaugurated by the Union Minister of Shipping, Road Transport and Highways…
Cheniere Delays First LNG Shipment from Sabine Pass Terminal
The Sabine Pass liquefied natural gas (LNG) terminal will ship its first cargo later than initially thought, according to an announcement by Cheniere Energy Partners LP.
Search Uncovers a 200 Year Old Shipwreck in Indian Ocean
A shipwreck thought to date to the nineteenth century has been discovered in the Indian Ocean by the team searching for missing Malaysia Airlines flight MH370. The search for the plane…
CSX Plans $272 Million Intermodal Rail Terminal in NC
Florida-based transportation giant CSX Corp. is planning a $272 million intermodal rail terminal in North Carolina serving the Raleigh region that it envisions as…
Shipping Industry Unfazed by China Sea Tension
Reuters reports that China's growing military presence in the South China Sea has drawn warnings from the United States that Beijing is seeking to exert control…
Wartsila India Signs Pact with CSL
Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up…
New cargoes added to the IMSBC Code
In June 2015 the IMO’s Maritime Safety Committee adopted Resolution MSC.393(95) and amendments to the International Maritime Solid Bulk Cargoes (IMSBC) Code. Administrations…