Myanmar Ferry Sinks, 32 Dead, Scores Missing
A ferry sank in a river in northwestern Myanmar, killing at least 32 people with scores missing, a rescue official said on Monday. About 150 people had been rescued…
Iran’s Gasoline Imports Plunge
Iran's gasoline imports decreased from 12 million liters per day (ml/d) in the first half of current fiscal year to 4 ml/d currently, says Seyyed Mohsen Ghamsari…
Iran Calls for Oil Majors to Bid for New Projects
Iran has invited global energy giants to a tender for the development of several of its key oil sector projects. The National Iranian Oil Company (NIOC) via an announcement…
Gard Alert: Red Sea Security Warning
The conflict in Yemen is reportedly escalating and maritime authorities continue to urge vessels in the Red Sea and Gulf of Aden region to operate in a heightened state of alert.
Korea to Inject $2.64 bln into DSME
South Korea's state-run banks are expected to raise more than 3 trillion won (US$2.64 billion) to prevent Daewoo Shipbuilding and Marine Engineering (DSME) from being delisted, reports Korea Herald.
Maersk Names Fourth Jack-up at DSME
Maersk Drilling’s fourth XL Enhanced ultra-harsh environment jack-up was named on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea.
Olympic Shipping to Get Finance
The struggling Norwegian supply vessel shipping firm Olympic Shipping said a consortium of investors is willing to invest about 500 million Norwegian crowns ($61.79…
SeaBird Exploration: 2D Long Offset in Belize
SeaBird Exploration, a provider of seismic data to the oil and gas industry, will acquire a long-offset survey offshore Belize. "We are pleased to announce that…
Nakilat Delivers Steady Performance in Q3
Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757…
Florida's First Ocean-to-Air Transhipment
Already the busiest port of entry in America for international air freight, Miami International Airport will soon be able to receive perishable freight imports by…
Oldendorff Acquires 8 Vessels
In the Babycape segment, Oldendorff's London office usually operates around 30 vessels in its global network of trades. The company informed that it likes to have…
USC, Ports Partner to Improve Supply Chain Technology
A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S.
USN to Commission Destroyer Zumwalt
The Navy will commission the destroyer Zumwalt (DDG 1000), Saturday, Oct. 15, during a 5 p.m. EDT ceremony in Baltimore, Maryland. The ship is named in honor of Adm. Elmo R.
TraPac to Double Terminal size at Oakland Port
TraPac, LLC has reached agreement to nearly double its marine terminal size at the Port of Oakland. Wilmington, CA-based TraPac said today it plans to lease an additional…
China Planning $100 bln Merger of Sinochem, ChemChina
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertilizer and oil giant with…
Denmark Gets QUALSHIP 21 Certificate
Once again, the U.S. Coast Guard has issued Denmark with the well-reputed certificate for United States Coast Guard's Quality Shipping for the 21st Century Program (QUALSHIP 21).
MOL to Launch Biannual Vessel Safety Campaign
Mitsui O.S.K. Lines, Ltd. (MOL) has announced the launch of its biannual safety campaign to begin on October 15, targeting all MOL group-operated vessels. MOL views…
MRV-Ready Approval For DYNAMARINe
DYNAMARINe has announced that its Emissons Monitoring Platform (EMP) has been certified as Monitoring, Reporting and Verification (MRV)-ready and in compliance with the EU MRV IT requirements.
MSC Active in 8th World Rice Conference
Mediterranean Shipping Company S.A (MSC) considers the the 8th World Rice Conference, in Thailand is a perfect opportunity to meet customers, detail our enhanced offering for the commodity…
Sea Trucks Awarded Contract Offshore Ghana
Sea Trucks Group said it has secured a contract award from Tullow Ghana Limited for the provision of a Construction Support Vessel (CSV) providing Accommodation and Heavy Lift services to the turret moored FPSO Kwame Nkrumahe, located in the Jubilee Unit Area, 60 km offshore Ghana. The scope of work covers accommodation for up to 120 company pax. The scope also includes the heavy lift of two 50 Ton fairlead chain stopper foundation block structures…
