GE Shipping to Buy Secondhand VLGC
India's largest private sector shipping company which mainly transports liquid, gas and solid bulk products Great Eastern Shipping Company Limited (GE Shipping)…
New Times Shipbuilding Launches Two Aframax for Frontline
On April 2, No.13 and No.14 111,000 DWT Oil Tankers launched successively from NTS drydock, both of which are built for Frontline. New Times Shipbuilding's CEO Liu…
Zamakona to Build Two Ships for Royal Arctic Line
Government of Greenland owned shipping company Royal Arctic Line A/S has signed a contract with Spanish shipbuilder Zamakona Yards for the construction of two reefer…
Port of Los Angeles to Get New Container Staging Facility
The Harbor Performance Enhancement Center (HPEC), a unique $130 million-dollar public-private partnership dedicated to facilitating sustainable freight movement…
Photo of the Week
Cap San Antonio fully loaded on the way to the next Brazilian port. Herbert Boettcher took this photo for Hamburg Süd when he travelled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started with his worldwide long time project Seamotion in 2004. Boettcher is a German professional photographer working worldwide for shipping companies to create photos of merchant ships with his unique visual language.
BSEE Inspects New Shell Appomattox Platform
As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, Bureau of Safety and Environmental Enforcement engineers and inspectors signed off on several topsides components during a pre-production inspection March 27, 2018. Royal Dutch Shell plc, 79 percent owner and its partner, Nexen Petroleum Offshore U.S. A. Inc., a wholly owned subsidiary of CNOOC ltd, will operate the platform about 80 miles off Louisiana’s coast in the Mississippi Canyon.
Oil Spill Blaze Kills Two off Borneo Island
Thick black smoke rose from a fire at sea near Indonesia's Balikpapan Bay on Saturday (March 31) which had claimed the lives of at least 2 fishermen, local media reported police as saying. Video footage uploaded to a social media website showed thick plumes of dark smoke rising from the fierce fire as people on fishing boats watch from a distance. Indonesia's state owned oil and gas company Pertamina…
UN Blacklists Dozens over North Korean Smuggling at Sea
The United Nations Security Council blacklisted dozens of ships and shipping companies on Friday over oil and coal smuggling by North Korea, boosting pressure on Pyongyang as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts. The council's North Korea sanctions committee acted on a request by the United States, designating 21 shipping companies -- including five based in China -- 15 North Korean ships, 12 non-North Korean ships and a Taiwanese man.
OSV Market Poised for Growth -Report
The global offshore support vessel (OSV) market is expected to grow from an estimated $20.06 billion in 2018 to $25.66 billion by 2023, according to a recent report published by MarketsandMarkets. Ongoing offshore activities across the U.S., China, Brazil and the North Sea will help the market to expand at a CAGR of 5.04 percent during the forecast period, according to the report. Offshore exploration…
Schaller Takes Over as Head of the Voith Group
As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KGaA and will lead the international technology company. He succeeds the long-serving head of the Board, Dr. Hubert Lienhard, who, at the age of 67, is retiring as planned. Schaller has supported Voith since 2015 as a member of Voith’s Shareholders’ Committee. Schaller has many years of international experience in various sectors and industries outside Voith.
Genco Sets Up Minor Bulk Subsidiary
Genco Shipping & Trading Limited announced it has established a European subsidiary in Copenhagen to be led by newly appointed Commercial Director, Minor Bulk, Europe, Sune Linné Fladberg.
Washington State: Hybrid Electric Ferries to be Considered
Washington Governor Jay Inslee has signed into law An Act Relating to Transportation Funding and Appropriations (SB 6106). Among other things, the bill includes $600…
Trump to Unveil China Tariff List
The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move…
Barge Company Fined for Fertilizer Spill into Columbia, Snake Rivers
A local barge company has been fined $18,000 for spilling 40,000 gallons of liquid urea ammonium nitrate into the Snake and Columbia rivers. Urea ammonium nitrate…
PIL Founder Steps Down as Chairman
The founded and Chairman of Pacific International Lines (PIL) Chang Yun Chung announced that he is stepping down and the current Managing Director SS Teo will take over from him.
Qatargas, EGAT Exploring LNG Collaboration
Qatargas Operating Company Limited (Qatargas) and the Electricity Generating Authority of Thailand (EGAT) announced the signing of a Memorandum of Understanding…
Thoresen Thai Buys Secondhand Bulker
Thoresen Thai Agencies Public Company Limited reported it has acquired a secondhand Supramax dry bulk vessel for a purchase price of $14 million. Known earlier as M.V. Albion and renamed M.V.
Container Shipping: ONE Begins
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018. ONE is the result of an integration of the container…
Atlantic Navigation Calls Off Equity Sale to Gulf Navigation
Atlantic Navigation Holdings said that discussions pertaining to sale of a substantial equity stake to Gulf Navigation Holding have terminated because the parties…
ExxonMobil Wins Eight Deepwater Blocks in Brazil
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round. The blocks awarded add about 640…
