Two Sinopacific-built LEG Carriers Named
Chinese shipbuilder CIMC Sinopacific Offshore & Engineering Co. Ltd. (CIMC SOE) has completed the first two vessels in a series of five liquid ethylene gas (LEG) carrier newbuilds for a Chinese ship owner. The series includes two 17,000- and three 22,000-cubic-meter capacity LEG carriers, with the smaller two vessels named and one delivered during a ceremony on March 28. The delivery marks a significant occasion for the shipyard…
Fincantieri: Strong Growth Ahead but in Line - Kepler
Shares in Italian shipbuilder Fincantieri down 11 pct, on track for worst day in 30 months. Fincantieri also approved its 2018-2022 business plan, targeting an increase…
Hapag-Lloyd Sees Rise in 2018 Operating Profit
German container shipping line Hapag-Lloyd on Wednesday said it expected to improve earnings this year thanks to synergies from the merger with Gulf peer UASC and rising transport volumes.
Vitol Stores Gasoline Aboard Ships off Singapore
Vitol seen storing gasoline off Singapore as local onshore light distillates stocks at record levels. European trader Vitol is storing gasoline on tankers offshore Singapore…
Georgia Ports: Mason Mega Rail Breaks Ground
The Georgia Ports Authority broke ground on its $126.7 million Mason Mega Rail Terminal Monday. The expansion will increase the Port of Savannah's rail lift capacity to 1 million containers per year…
For Seafarers, Net Access is a Must -Report
The Crew Connectivity 2018 Survey Report, sponsored by KVH Industries and Intelsat, shows digital transformation underway in the maritime industry. Roger Adamson…
Navy, Coast Guard Rescue Fishermen Offshore Georgia
The U.S. Navy, along with assistance from the U.S. Coast Guard, rescued three fishermen from a raft 63 miles southeast of Brunswick, Ga. The Coast Guart received…
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