C&C Marine Celebrates 100th Barge Blasted
Just nine months after opening their new Robotic Paint and Blasting facility C&C Marine and Repair has announced the blasting of its 100th barge. “We knew we had the capability to blast and paint barges quickly and efficiently, but what we’ve been able to accomplish in these first nine months has exceeded our expectations in both speed and quality of blast” says C&C Marine and Repair’s owner, Tony Cibilich.
Stena Impero Owner Met Iran's Zarif to Urge Release of UK-flagged Ship
The owner of a British-flagged tanker detained in Iran has met the country's foreign minister, Mohammad Javad Zarif, to make the case for the ship and its crew to be released.Erik Hanell…
Australia Joins U.S.-led Gulf Security Mission
Australia will join the United States in a security mission to protect merchant vessels travelling through key Middle East waterways after Iran seized a British-flagged vessel…
Gulf Marine CEO Quits in wake of Profit Warning
Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor warned a reassessment of its ships and contracts showed profit would fall this year, kicking its shares 12% down.The Abu Dhabi-based offshore services specialist said a review by new finance chief Stephen Kersley of its large E-class vessels operating in Northwest Europe and the Middle East pointed to 2019 core earnings of between $45 million and $48 million…
Iran: Waterways Won't be Safe if its Oil Exports
If Iran's oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes.The comment by President Hassan Rouhani coincided with a remark by Iranian Foreign Minister Mohammad Javad Zarif that Tehran might act "unpredictably" in response to "unpredictable" U.S.
Scotline Orders Third Newbuild
U.K based shipping company Scotline Marine Holdings announced that it has ordered a third newbuild vessel from Dutch shipyard Royal Bodewes which is due for delivery…
Shell Charters LNG-Powered Tanker Fleet
Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG dual-fuel Aframax crude oil tankers from Sinokor Petrochemical Co Ltd…
Sailors' Society Welcomes Greek Ambassador
The international Christian charity working in ports across the world Sailors’ Society has welcomed a new Greek Ambassador to its fold ahead of the maritime charity’s…
Kalmar Upgrades EUROGATE Tanger
Finnish manaufacturer of cargo-handling machinery Cargotec Oyj said that its subsidiary Kalmar has concluded an agreement with long-term customer EUROGATE Tanger…
Nordic Prime Ministers Urged to Ban HFO
The Clean Arctic Alliance and the Iceland Nature Conservation Association urged the Nordic Prime Ministers and the German Federal Chancellor to support the call…
LNG Market Recovers in Q2, Says Flex LNG
During the second quarter 2019, spot liquefied natural gas (LNG) freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier…
DOF Wins AHTS Contracts in NZ
Norwegian offshore supply vessel (OSV) operator DOF has won work for two anchor-handling tug supply (AHTS) contracts to support OMV's drilling operations in New Zealand.Two AHTS vessels…
Vista Shipping to Finance Product Tankers
Hafnia Tankers, a member of BW Group, and shipyard-affiliated leasing company CSSC (Hong Kong) Shipping have formed a joint venture named Vista Shipping to finance…
Fitch Affirms Panama Canal 'A' Investment Grade
For the fourth consecutive year, Fitch Ratings has affirmed the Panama Canal's 'A' investment grade rating with a stable outlook for its long-term issuer default…
W African Firm Builds LNG Import Capacity
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources…
Marine Lubricants Market to Reach $7.15Bln by 2026
The Marine Lubricants Market, which was USD 6.14 Billion in 2018, is expected to grow CAGR of 1.9% to reach USD 7.15 Billion by 2026.According to a new report by…
Dream Cruises Wins $2.9Bln from KfW IPEX-Bank
KfW IPEX-Bank, leading a consortium consisting of six international banks, is structuring the financing of two cruise ships for Genting Hong Kong Ltd. and its brand…
Waterfront Adds Methanol-Fuelled Vessels
The marine transportation company Waterfront Shipping Company has added two new innovative, clean-burning vessels, M/T Mari Couva and M/T Mari Kokako, to its fleet.Both 49…
BBC Chartering Appoints Ulrichs as CEO
German shipping services company BBC Chartering has announced that Ulrich Ulrichs has taken over the CEO position from Svend Andersen as announced in May of this…
SE Asia Plans Oil Spill Contingency
According to International Maritime Organization (IMO), one of the key elements in oil spill contingency planning is to define the communication channels to be used…