Nord Stream 2 is 75% Complete
The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1…
Malibu Intros Wakesetter 20 VTX Boat
American manufacturer of recreational boats Malibu Boats announced the launch of an all-new multi-sport boat to the 2020 lineup, the Malibu Wakesetter 20 VTX. The 20 VTX is the industry’s renowned…
ADNOC Logistics Joins LNG MFI
The LNG Marine Fuel Institute, a non for profit organization based in Perth, announced the membership of ADNOC Logistics & Services with the growing coalition of…
ICTSI in Talks with Honduran Govt
The global port management company, International Container Terminal Services, Inc. (ICTSI) said that its Honduran unit Operadora Portuaria Centroamericana (OPC)…
SEA\LNG Expands Membership in U.S.
Houston-based Stabilis Energy has joined SEA\LNG, the multi-sector industry coalition which is seeking to accelerate the widespread adoption of liquefied natural…
China Bank Supports Hoegh LNG for New FRSU
Hoegh LNG on its first ever sale and leaseback deal with China Construction Bank Financial Leasing (CCBFL) for its tenth Floating Storage Regasification Unit (FSRU)…
KNOT Signs Charter Contract with Total
Knutsen NYK Offshore Tankers AS (KNOT), a NYK Group company, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle…
Rotterdam to Become Offshore Wind Port
The Port of Rotterdam Authority has made a strong commitment to the energy transition and aims to establish Rotterdam as Europe’s leading port in offshore wind and…
Monjasa Acquires 5 Tankers for 2020 Supply
Global bunker company Monjasa Group has acquired full ownership of five tankers ahead of IMO2020."Monjasa secures five tankers with a total 37,500 deadweight and…
Thyssenkrupp Wins 3D Printing Approval
The international accredited registrar and classification society DNV GL has awarded thyssenkrupp, German multinational conglomerate, first additive manufacturing…
Frontline Sees Opportunity in Tanker Market
So far in 2019, 41 VLCCs have been added to the global fleet compared to three vessel demolitions, said the world's largest oil tanker shipping company Frontline…
APM Terminals Pipavav Boosts Efficiency
The implementation of a range of simple measures to streamline shift changes at APM Terminals Pipavav has reduced vessel idle times, added capacity and reduced impact…
Port of Tauranga Posts Record $100mln Profit
The Port of Tauranga, the largest port in New Zealand, reported profit after tax of more than $100 million for the first time.Group net profit was 6.7 per cent…
Performance Shipping Sells a Panamax
Greece-headquartered shipping transportation services company Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum…
Somalia Finalises Shipping Code
Somalia has more than 3,300 km of coastline, the longest and perhaps the most geographically significant in the Horn of Africa, four main commercial seaports and…
Pacific Green: Carmichael Retires, Poulter Appointed
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, announced that Dr. Neil Carmichael retired s Chief Executive effective August 22, 2019, taking on the role of non-executive Director.Scott Poulter, current Executive Director, appointed as Chief Executive.Pacific Green Technologies is a leading exhaust gas scrubber manufacturer which has a strategic joint venture with PowerChina SPEM…
LNG Carriers to 'Sail on Air'
Silverstream Technologies, an air lubrication manufacturer for the shipping industry, signed a Memorandum of Understanding (MoU) with Hudong-Zhonghua, part of the CSSC Group, which will see the Silverstream System integrated into Hudong-Zhonghua’s new building designs for its future LNG carriers in order to increase operational and fuel efficiencies.The system is said to help reduce fuel costs and…
Marlink IT Solution for Höegh Autoliners
Marlink signed a new agreement with Höegh Autoliners to supply the international transport and logistics company’s 38 car and truck carriers with the maritime-optimized IT solution, KeepUp@Sea, part of Marlink's new ITLink portfolio.Marlink will provide managed services designed to ensure the resilience and compliance of the vessel IT networks on Höegh vessels. Onboard implementation of the service is estimated to start in September…
BIMCO: US Crude Exports Soar in June 2019
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2.3m tonnes.1.2m tonnes were shipped to China between June 1, and June 30, , up from 1m tonnes in May and worlds…
Frontline Scaled Back Strait of Hormuz Shipping Following June Attack
Oil tanker firm Frontline has scaled back the number of vessels it sends through the Strait of Hormuz after the attack in June on its Front Altair product tanker…
