Permian Basin is Booming!
The increased output from the Permian Basin, located in West Texas and Southeastern New Mexico, has been the biggest contributor to the growth of super majors.A…
Awilco Refinances LNG Fleet
Norwegian liquefied natural gas (LNG) transportation company Awilco agreed and signed a term sheet for the financing of its two liquefied natural gas carriers with…
Pacific Basin Hopeful on Dry Bulkers
The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installation…
Port Houston Box Volume Up 12%
Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger…
EU Okays Investment in Romanian Port
The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of Galați, the largest sea-river port in the country.In April 2019…
Hazira Terminal Grows 22% in Q1 of 2019-20
Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third…
Baltic Exchange, GeoSpock to Track Emissions
Cambridge-based data visualization company GeoSpock is collaborating with the Baltic Exchange to build the world’s most advanced maritime spatial database."This…
Shippers Urge Action on Hormuz Issue
Following the seizure of the oil tanker ‘Stena Impero’ on 19 July, the International Chamber of Shipping (ICS), the European Community Shipowners' Associations (ECSA) and the Asian Shipowners' Association (ASA) jointly urge immediate action by the international community to stop the escalation of tensions and fully respect international law. All countries should ensure the safe passage of merchant vessels…
Tallink Seeking Name for New Ferry
Estonian shipping company Tallink Grupp has launched an international name search for its new shuttle vessel, the construction of which is due to kick off at the…
Green Marine Certification for Stockton Port
The Port of Stockton in San Joaquin Valley, in the extended San Francisco Bay Area, has achieved certification from Green Marine, the largest voluntary environmental…
India to Promote Sea and Coastal Tourism
To explore the opportunities in Coastal Tourism, the Shipping and Tourism Ministry may soon set up a committee that will think of strategies to promote cruises and sea sports…
CEVA Logistics Implements Turnaround Plan
Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset.
MSI Unveils Digital Platform
UK-based shipping consultant Maritime Strategies International (MSI) has unveiled MSI HORIZON, a new digital platform which enables clients to access the consultancy’s…
HII Bags USS John C. Stennis Overhaul Gig
The US Navy Navy has earmarked $290 million for the second and third year of a major overhaul of the John C. Stennis aircraft (CVN 74) carrier, the shipbuilder Huntington…
PoLB Receives Cleanest Ship to Visit U.S.
Mediterranean Shipping Company’s MSC Jewel, the cleanest container ship to visit the United States, has stopped by the Port of Long Beach (PoLB).According to a release…
Tentative Deal to End Alaska Ferry Strike
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members of the Inlandboatmen's Union of the Pacific (IBU) walked off the job on July 24, idling a ferry network that serves more than 30 coastal and island communities statewide.
U.S. Crude Exports Reach a Record of 3.16 mln bpd
U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U.S. crude at about 605,000 bpd. China purchased about 292,000 bpd, the most since June last year and was the third-largest buyer of U.S. crude in June, the data showed.China, once the top buyer of U.S.
Spanish NGO Boat Seeks Safe Haven for Med Migrants
A Spanish charity rescue boat sought safe port on Friday after Italy rejected its request to disembark 124 people saved from two migrant rafts in the Mediterranean…
China Fishing Safety Workshop Mulls Treaty Ratification
National workshop discussed China's potential ratification and implementation of fisheries-related conventions, including IMO's 2012 Cape Town Agreement (CTA), aimed at improving safety standards on fishing vessels, and the 1995 Standards on Training, Certification and Watchkeeping for Fishing Vessel Personnel (STCW-F).Fisheries-related conventions are key tools used by flag, coastal and port States to effectively monitor and control fishing vessels and minimize the risk of illegal…
Panama Canal starts Speed Limits to Protect Whales
Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales, dolphins and other large aquatic mammals, during their nearby seasonal migration.With these measures, ships should proceed at a speed of not more than 10 knots in specified areas.
