UAE Signs MoU with ITF to Protect Seafarers
The International Transport Workers’ Federation (ITF) and the United Arab Emirates (UAE) Federal Transport Authority (FTA) have signed a Memorandum of Understanding…
Oil Up as U.S., China hit the Trade War Pause Button
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold".
DeepOcean Wins Equinor Susbsea Deal
Subsea services provider DeepOcean has been awarded a long-term contract involving subsea life of field services on Equinor-operated fields. The award covers onshore project management…
Awilco Drilling Signs Contract With Shell
Aberdeen-based Awilco Drilling said today that it had tied up a contract with Shell UK for the decommissioning of 18 wells. "Awilco Drilling PLC is pleased to confirm…
Novatek Plans New Arctic Transport Company
Russia's gas production and sales company PAO Novatek has created a transportation unit called Maritime Arctic Transport. "The Board of Directors of PAO Novatek…
PAO Sovcomflot: Tanker Market is Challenging
PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects over the first quarter ending 31 March 2018. This helped…
Cress Systems Helps Container Terminals
Cress Systems helps container terminals reduce fuel bills, emissions and power peaks with ProwESS energy storage for rubber-tyred gantry cranes (RTGs). New technology…
Federal Funding for Port of Vancouver
The Vancouver Fraser Port Authority received federal funding for projects that will improve the flow of goods to and from the Port of Vancouver. Through the collaborative…
Colombo Dockyard to Build Two Vessels for Iraq
The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels…
U.S., China Closer on Trade Pact
The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products…
China to Cut Steel Capacity by 2025
China will shut down more outdated steel plants and bring total capacity to less than 1 billion tonnes by 2025, the president of the country's steel industry association said, adding that national demand for the metal is set to decline gradually. With more than three quarters of firms suffering losses as a result of a price-sapping capacity surplus, China vowed in early 2016 to shut 150-150 million…
The 'Grande Halifax' Christened in Halifax
The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms.
IMO Promotes Single Window for Ports
What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics? How is International Maritime…
NYK Line's Green Bonds Terms and Conditions Determined
Japan's Nippon Yusen Kaisha (NYK), the world's first shipping company to issue a labelled green bond, said that it has determined the below terms and conditions…
India, Indonesia to Promote Bilateral Cooperation in Maritime
Taking ahead the bilateral relations between India & Republic of Indonesia, Nitin Gadkari, Union Minister for Shipping met General (Retd.) Luhut Binser Pandjaitan…
Shipbreaking Issues Presented at 2018 Vicino/Lontano Festival
The NGO Shipbreaking Platform has participated in the 2018 Vicino/Lontano Festival, which was held from 10 May to 13 May in Udine, Italy. The Vicino/Lontano Festival has…
NATO Navy Ships Refuel in Poti
Physical bunker supplier arranged delivery of marine fuels to NATO navy ships in Poti, Georgia.Standing NATO Maritime Group Two (SNMG2) under the direction of Royal Navy Commodore Mike Utley, conducted a port visit in Poti, Georgia May 14 to May 17 with four ships from the group: Royal Navy destroyer HMS Duncan (flagship), Turkish frigate TCG Gemlik, Romanian frigate ROS Regele Ferdinand and Bulgarian frigate BGS Drazki.“In general…
Prosafe Extends Standstill Agreement with COSCO
Prosafe has extended a standstill agreement with COSCO Shipping (Qidong) Offshore Co. Ltd in China for two harsh environment semi-submersible accommodation units…
Tidewater Attains First Sub M COI on the West Coast
Tidewater Transportation and Terminals of Vancouver, Wash., announced today that the Office of Commercial Vessel Compliance and the Coast Guard Sector Columbia River has issued a Certificate of Inspection (COI) to the towing vessel Crown Point for compliance under the U.S. Coast Guard’s (USCG) Subchapter M safety regulations governing the inspection, standards and safety management systems of towing…
Nolan Tapped to Take Over as TOTE CEO
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico, will succeed retiring president CEO Anthony Chiarello who will step down July 16 after eight years at the helm.Nolan has been with the TOTE family of companies since 2013.
