Saras Invests in New Bunkering Terminal
Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International Maritime Organization (IMO) will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, in one of the biggest changes…
Huntington Ingalls Gets Columbia-class Sub Award
Huntington Ingalls Industries announced that its Newport News Shipbuilding division has been awarded a $197 million modification to a previously awarded contract…
Eco Marine Power, ClassNK to Collaborate
In another significant move towards commercial release of the EnergySail, Eco Marine Power (EMP) announced that it has begun collaboration with ClassNK (Nippon Kaiji…
New Zealand's Napier Port to Build Additional Wharf
Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator…
TOP Ships Signs New TC with BP
Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical…
Effer Becomes Part of Hiab
Loader crane manufacturer Hiab, part of Cargotec, has completed the acquisition of Effer loader cranes business from the CTE group.According to a press release from Hiab…
Höegh LNG's Höegh Esperanza FSRU Arrives at Tianjing, China
Höegh Esperanza, the Floating Storage Regasification Unit (FSRU) unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and…
Ardmore Shipping Adds SEDNA Platform
Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks…
Port of Rotterdam Strict on 'Polluter Pays' Principle
The Port of Rotterdam has emphasized the reinforcement of the polluter pays principle in the run-up to trilogue negotiations on the Port Reception Facilities Directive.Last month…
Pew Charitable Trust Joins IMO to Tackle Fishing Safety
Commercial fishing is one of the world's most dangerous professions yet the internationally-binding instrument which specifically addresses fishing vessel safety…
N2Tankers Aframax Pool Launched
German shipowner Reederei Nord and Singapore-based ship manager Synergy Group, on behalf of Nissen Kaiun, have launched N2Tankers, a new Aframax tanker pool the…
ICS Calls for Maritime Training Reform
Esben Poulsson, Chairman of the International Chamber of Shipping (ICS), has called for International Maritime Organization's (IMO) STCW Seafarer Training Regime…
Ship Finance International Signs USD 400 mln Leaseback Deal for Four Vessels
Bermuda-based shipowner Ship Finance International (SFL) has entered into lease financing agreements totaling $400 million with an Asian-based institution to finance four 14…
Global Shipping Business Network on Blockchain Platform Launched
Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop…
Maritime Education to Focus on Quality
As a United Nations agency, International Maritime Organization (IMO) is firmly committed to the Sustainable Development Goals, one of which is about delivering…
Wintershall Extends PSV Charter
Norwegian shipowner Golden Energy Offshore Services AS (GEOS) said on Tuesday it has secured a contract extension with Wintershall Norge AS for the large platform…
Newport News Awarded $197 Mln for Submarine Work
U.S. shipbuilder Huntington Ingalls Industries (HII) announced Tuesday that its Newport News Shipbuilding division has been awarded a $197 million modification to…
GTT Wins LNG Tank Order from DSME
GTT said it received an order from South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) for the tank design of a 173,400 m3 capacity liquefied…
US Crude Oil Exports to China Stalled
The development that saw no U.S. seaborne exports of crude oil to China in August has continued into September, according to BIMCO. This is despite crude oil not being a part of the ‘official trade war’.“The trade war between the U.S. and China is now impacting trade in both tariffed and some un-tariffed goods with both countries looking elsewhere for alternative buyers and sellers,” said Peter Sand, BIMCO’s Chief Shipping Analyst.“Ton mile demand generated by total U.S.
China Cruising: Carnival Corp Launches China JV
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.CSSC Carnival Cruise Shipping Limited announced an agreement to purchase two existing ships from Carnival Corporation’s Costa Group…
