Turkish Blockade off Cyprus 'out of Eni's control'
A Turkish blockade of a ship hired by Eni to drill for gas off the Cyprus coast is a diplomatic issue that is out of the Italian oil company's hands, Eni's CEO said on Friday.
Cheniere's LA Sabine Pass LNG Output Dips
The volume of gas flowing into the facility dropped from about 3.2 billion cubic feet per day on Wednesday to 2.8 bcfd on Thursday and a projected 1.5 bcfd on Friday, Reuters data showed.
Philly Shipyard's Q4 Net Income Rises to 31.5 Million
Reuters reports that the Q4 net income for the Philly Shipyard was up, compared to income of USD 19.3 Million in Q4 2016. The firm also reports an order backlog…
Nigeria's Primary Crude Exports Set to Rise
Nigeria is set to export more of its largest crude oil stream, Qua Iboe, on a barrel-per-day basis in April, while loadings of two other main export grades will also rise…
Rotterdam Port CEO "preparing for the worst" with Brexit
The Port of Rotterdam is bracing for a British exit from the European Union without any deal on customs, and looking at measures such as hiring 100 extra customs…
Kirby Closes Acquisition of Higman Marine
Kirby Corporation has announced the completion of the acquisition of Higman Marine, Inc. and its affiliated companies (“Higman”), an operator of tank barges and…
Tidewater Names Rynd President, CEO
Tidewater Inc. (NYSE: TDW) appointed John T. Rynd as the company's new President and CEO and a member of the Board of Directors effective March 5. He replaces Larry T.
NYK, NTT, MTI Conclude Joint Test of Next Generation Onboard IoT Platform
Nippon Yusen Kabushiki Kaisha (NYK), MTI, Nippon Telegraph and Telephone Corporation (NTT), and NTT DATA Corporation have successfully conducted a proof-of-concept…
BIMCO Lists Three Best Performing Bulk Terminals
The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada, according to BIMCO’s 2017 Dry Bulk Terminals Vetting Report.
Wallenius Wilhelmsen Logistics Doubles Footprint in Port of Zeebrugge
Wallenius Wilhelmsen Logistics has signed a concession agreement with the Port of Zeebrugge to develop 49 hectares of land known as the Bastenaken West property located in the inner port.
Port of Hamburg Getting Ready for Future Growth
Europe's third-largest container port, Port of Hamburg, is preparing for the future with improved infrastructure and digitalization. Frank Horch, Hamburg’s Senator for Economics…
Port of Antwerp Looking for Full-Time Representative in the UK
The port of Antwerp has decided to appoint a full-time representative in the UK, based in London, in order to keep in closer touch with the economic situation there now that Brexit is looming closer.
Rotterdam Port Hits Record Freight in 2017
The port of Rotterdam, Europe’s largest, continued to grow in 2017 spurred by a significant gain in container throughput, which increased by 1.3% to 476 (461) million…
Kolkata Port, Hooghly Pact for Liquid Cargo Terminal
The Kolkata Port Trust (KoPT) has signed a concession agreement with Hooghly Oil & Gas Terminal to establish a liquid cargo handling terminal at Shalukhali in Haldia.
NYK Partners with KOSEN
Nippon Yusen Kabushiki Kaisha (NYK) and the National Institute of Technology (KOSEN) agreed to collaborate in the fields of education and public relations for the…
WCI Presents Leadership Award to Senator Mitch McConnell (R-KY)
On February 14, 2018, Senator Mitch McConnell (R-KY) received Waterways Council, Inc.'s (WCI) 17th Annual Leadership Service Award for his strong and continued leadership…
Canal Barge Orders Becker Flap Rudder Retrofit
The U.S. office of Becker Marine Systems announced the order for a retrofit of another set of Becker Flap Rudders placed by the Canal Barge Company, Inc. Canal Barge Company is a family-owned, independent marine transportation company headquartered in New Orleans. Chosen for retrofit is the 140-ft. boat Eugenie P. Jones, built in 1975 by the Dravo Corporation. She is a sister vessel of the Susan L. Flap Rudders since June of 2014.
Greece Says Won't Tolerate Turkish Challenge after Ship Collision
Greece will not tolerate any challenges to its territorial integrity, its prime minister said on Thursday, days after Turkish and Greek coastguard vessels collided close to disputed islets in the Aegean Sea. Each side blamed the other for Monday’s collision off an islet known as Imia in Greek and Kardak in Turkish. They came to the brink of war in 1996 in a sovereignty dispute over the islets. Seeking international support…
Gulf Navigation Holding FY Profit Falls
Dubai based tanker owner Gulf Navigation Holding PJSC reported its 2017 FY net profit fell to 40.7 ‍million dirhams versus 136.6 ‍million dirhams a year ago. The company's FY gross revenues rose to 137.9 million dirhams versus ​129.5 million dirmahs for the year prior.
Hoppe Singapore is Operational
As per January 1, 2018, Hoppe Singapore Pte. Ltd., a wholly owned subsidiary of the Hoppe Group headquartered in Hamburg, Germany, has opened. “The decision to set up Hoppe Singapore, enhancing the already existing Hoppe network in China and South Korea, proves Hoppe’s commitment in ensuring a reliable and timely response on service and spares support to customers in the region,” said Marc Rohde, Managing Director of Hoppe Marine GmbH, Germany. Hoppe Singapore is headed by Dr.