Oversupply Pressure on LPG Shipping Rates
The LPG shipping trade will continue to grow at a healthy pace on the back of strong Asian demand, but fleet growth will outpace it, keeping rates under pressure in 2017…
Green Bay, Royal Thai Navy Kick Off Cobra Gold 2017
Amphibious transport dock ship USS Green Bay (LPD 20), with embarked 31st Marine Expeditionary Unit (MEU), officially kicked off Exercise Cobra Gold 2017 (CG 17) in Sattahip, Thailand, Feb. 14.
EU Votes for Deadline for Shipping Emission
The European Parliament voted in favour of the inclusion of CO2 emissions from shipping in the EU Emission Trading Scheme (ETS) and the establishment of a maritime…
Hanjin Heavy Delivers Purpose-Built LNG Bunkering Vessel
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co.
Spanish Stevedores Cancel Planned Strike
Spanish dock workers on Wednesday called off a planned three-day strike next week after the government said it would delay plans to reform the sector and instead open talks with the unions.
Container Volume Up 8 Percent at SC Ports
The South Carolina Ports Authority reported an 8 percent increase in container volume since its fiscal year began in July. As previously reported, SCPA handled an…
Commercial Sea Training Resumes for USMMA Cadets
The United States Merchant Marine Academy (USMMA) has announced that Sea Year training for USMMA Midshipmen will resume on three commercial carriers beginning in March 2017. The reinstatement of the program follows the implementation of comprehensive new policies, including a zero tolerance policy for sexual assault and sexual harassment to ensure that the Academy’s standards for behavior, leadership and integrity are upheld.
Iridium Sets Target Date for Second Iridium NEXT Launch
Iridium Communications has announced it has received a targeted launch date of mid-June for the second mission of ten Iridium NEXT satellites. Originally anticipated for mid-April of 2017…
Shipping Industry Calls for Exemption from EU Carbon Market Reform
The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted on Wednesday to reform the bloc's carbon market, saying…
Singapore Fuel Oil Trading Heats Up
Singapore fuel oil trading volumes have soared after the 380-cst front-month time spreads widened by around $1 per tonne from the previous day's close, in what could…
Wärtsilä, PGS ink Service Deal
Wärtsilä and PGS Geophysical AS have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement…
First Purpose-built LNG Bunkering Vessel Delivered
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co.
Lake Assault to Build Pittsburgh Fireboat
Lake Assault Boats, a leading manufacturer of purpose-built and mission-specific fire and rescue boats, has been chosen to construct a 34-foot fireboat by the Pittsburgh Bureau of Fire in Pittsburgh…
Los Angeles Port logs Highest January Throughput
The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest…