d'Amico Tankers Updates Ship Sales and Purchases
In January 2017, d’Amico Tankers sold MT High Endurance and MT High Endeavour, two 46,992 dwt medium-range product tanker vessels, built in 2004 by STX, South Korea…
Capital Product Partners Sings Pact for $460 Mln Refinancing
Capital Product Partners entered into a firm offer letter for a senior secured term loan facility of up to $460.0 million with HSH Nordbank AG and ING Bank as mandated…
US Navy to Commission Rafael Peralta Today
The US Navy will commission its newest guided-missile destroyer, the future USS Rafael Peralta (DDG 115), during a 10 a.m. PDT ceremony Saturday, July 29, at Naval…
APM Terminals Tangier Celebrates 10 years in Morocco
APM Terminals Tangier welcomed the Munich Maersk, one of the world’s largest container vessels, as it made its maiden call to celebrate the 10th anniversary of the…
Mozambique Gets Fresh Training on Port Security
A five-day workshop on maritime security and The International Ship and Port Facility Security (ISPS) Code concluded today in Maputo, Mozambique (24 -28 July). The…
GPLink, Wheelhouse Partner on Maintenance & Tracking
gplink has announced a partnership with Wheelhouse Technologies, creating a comprehensive perspective on vessel upkeep through seamless integration to the Wheelhouse marine maintenance system. Pleasure craft, commercial vessel, and fleet owners can now enjoy the benefits of real-time vessel monitoring, tracking and support, from gplink along with a simple and easy-to-use interface; charting the course to proper vessel maintenance, spare parts management, and document tracking.
Iridium Announces Third Iridium NEXT Launch Date
Iridium Communications Inc. (NASDAQ: IRDM) has announced that the upcoming Iridium NEXT launch has been targeted for September 30, 2017 at 6:30 a.m. PDT. This launch will deliver another 10 Iridium NEXT satellites to orbit on SpaceX’s Falcon 9 rocket and will bring the total number of Iridium NEXT satellites deployed to 30. SpaceX selected the September 30th launch date based on rocket and Vandenberg Air Force Base range availability.
Vietnam asks Indonesia to Investigate South China Sea Shooting
Vietnam's foreign minister has asked his Indonesian counterpart to investigate and clarify reports that the Indonesian navy shot and wounded two Vietnamese fishermen in the South China Sea…
'Team Damen' Unites Dutch and Australian Industry
Australian Maritime Systems Group is entering into a joint venture with one of Europe’s leading marine technology companies as part of a tender for Australia’s next giant defence contract. The Brisbane-based company is partnering with Dutch firm Alewijnse Marine to support the Damen Group’s bid to build the next generation of 12 Offshore Patrol Vessels (OPVs) for the Royal Australian Navy. The vessels will be mainly constructed in Adelaide and Perth…
North Sea Forties Exports to Rise Significantly in September
Exports of British Forties crude will be 380,000 barrels per day in September, up from 271,000 bpd in August, an industry source who has seen the loading programme said on Friday.
Panamax Rates Drag Baltic Index Down
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched lower on Friday, weighed down by weaker demand for panamax vessels.
Modern VLCC Rates Under Pressure
Rates fall back after climbing earlier in the week. Overcapacity, OPEC cuts, little scrapping, summer lull weigh on market. Owners of modern very large crude carriers…
U.S. Coal Exports Soar, Revived in Part by New Energy Policy
U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing…
Moss-Type LNG Carrier Joins MISC Berhad's Fleet
Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has taken delivery of Seri Cempaka, the third in a series…
Brookfield Buys Stake in Teekay Offshore
Canadian asset manager Brookfield Business Partners will buy 60 percent of Teekay Offshore Partners, a subsidiary of marine transportation provider Teekay Corp…
GasLog Partners Acquires Two Group Firms in Q2
LNG shipper GasLog Partners acquired from GasLog 100% of the shares in the entity that owns and charters the GasLog Geneva on July 3, 2017. The GasLog Geneva is a 174…
India to Privatize Dredging Corporation
The government of India is looking to privatize staterun Dredging Corporation of India (DCI). "A proposal for disinvestment of Dredging Corporation of India Limited…
Diana Shipping's New Time Charter for Maia With Glencore
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam…
EMSP Welcomes EC Directive on Seafarers
The European Maritime Social Partners (EMSP) warmly welcome the European Commission’s adoption of their proposal to update their Agreement on the International Labour…
Iran's Chabahar Port Signs Pact with India Ports Global
India Ports Global has signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar - Shahid -Beheshti Port in Iran for transportation of goods and other purposes.
