Laugfs Buys Third LPG Carrier Vessel
Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas, has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million…
Dong Takes Solstad CSVs
Norwegian offshore vessel owner Solstad Offshore has entered into contracts with Dong Energy Wind Power for two of its construction support vessels (CSVs). The first…
Port of Santos Bullish on 2017
In a year of changes and challenges in the national and global scenarios, Companhia Docas do Estado de São Paulo (Codesp) (Santos Port Authority) has developed actions…
Fresh Hopes in Container Shipping: Alphaliner
The new year brings with it fresh hopes for a recovery in container shipping although the market remains fundamentally imbalanced, says an Alphaliner report. A slew…
Maritime Crimes On The Rise, Says BIMCO Experts
Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity.
BIMCO Surveys Dry Bulk Terminal Performance
BIMCO is seeking to drive the improvement of standards for ships at dry bulk terminals across the world and has launched its first report on terminal performance.
DMA: Sea Service Records Go Online
Now seafarers can manage and report their seagoing service digitally, the Danish Maritime Authority (DMA) announced. Digitalising seagoing service is the first step…
Tug Huron Goes to Work in Duluth
The Great Lakes Towing Company said it has repositioned its Tug Huron to Duluth, Minn. on Monday, January 2, 2017 to enhance capabilities for icebreaking, harbor assist and other services essential to commercial shipping in the Duluth-Superior region. The Tug Huron’s first icebreaking operation of 2017 took place late Wednesday evening, January 4 when she assisted longstanding customer, Canada Steamship Lines M/V Thunder Bay in the Port of Duluth.
Port of Virginia to Close Ahead of Winter Storm
The U.S. Coast Guard said the Port of Virginia will close Friday at midnight in anticipation of Winter Storm Helena, which is expected to bring snow and wind which…
Altra Acquires Stromag
Manufacturer and marketer of electromechanical power transmission and motion control products Altra Industrial Motion Corp. said it has closed its acquisition of the Stromag business from GKN plc.
Proposed Sanctuaries Aim to Protect Historic Shipwrecks
The U.S. National Oceanic and Atmospheric Administration (NOAA) has released draft plans for proposed national marine sanctuaries in Wisconsin and Maryland that would aim to protect nationally significant shipwrecks, including those from the 1800s, World War I and other maritime battlegrounds. The sanctuaries were originally proposed to NOAA in 2014, and if created would be the first since 2000. In Wisconsin…
US Ships Tanks, Equipment for NATO Exercises in Europe
Hundreds of U.S. tanks, trucks and other military equipment arrived by ship in Germany on Friday to be transported by rail and road to eastern Europe as part of…
Statoil May Stop Drilling in US Gulf of Mexico
Norway's Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company's exploration chief told financial daily Dagens Naeringsliv (DN) on Friday. Statoil has been part of several discoveries in the region as a junior licence partner, but the company has failed to strike oil in the drilling campaigns it has operated, despite spending billions of dollars.
Harrington Hoists Celebrates 150 Years
Harrington Hoists, Inc. is celebrating 150 years in the hoist business. The company was established in 1867 by Edwin Harrington, a machinist and inventor, when he started a machine shop and hoist business in Philadelphia. His company thrived as a result of his innovative ideas and continual improvements to the design and production of hoists. Throughout his lifetime, Harrington obtained several patents and was best known for developing one of the first electric hoists in 1896.
Iron Ore Exports to China from Port Hedland hit record
Port is world's biggest iron ore export terminal; iron ore prices soared 80 pct in 2016. December iron ore shipments to China from Australia's Port Hedland terminal…
JERA Imports Japan's First Liquefied Shale Gas Cargo from U.S.
Japan's JERA Co said on Friday it imported the country's first liquefied shale gas cargo from the United States as part of efforts to diversify its supply. This…
Maersk Invincible Delivered
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk…
Lerwick Port Spells out Strategy for Expansion
Lerwick Port Authority has detailed a series of objectives to meet its aim of running an efficient, cost-effective harbour, including continuing expansion of the infrastructure.
Spot box rates rise above 5-year average - Drewry
Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above the average of the last 5 years. The latest weekly reading is $1…
Pilbara Ports' Throughput Zooms
Pilbara Ports Authority has delivered a total monthly throughput of 60.5 million tonnes (Mt) for the month of December 2016. This is an increase of 12% from the same month in 2015.
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