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U.S. LNG Seen Destined for Europe
According to Wood Mackenzie Ltd, Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia, the world’s…
U.S. Light Crude Imports Surge Again
U.S. imports of light crude from across the Atlantic are set to jump this month to their highest in more than two years, according to market sources and trade data…
Restructuring at Royal HaskoningDHV
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January…
US Light Oil Imports Resurge to Highest in Years
U.S. imports of light crude from across the Atlantic are set to jump this month to their highest in more than two years, according to market sources and trade data…
McMurdo Selected for Africa’s MEOSAR SAR System
McMurdo, the most trusted name in emergency readiness and response and a division of Orolia (NYSE Alternext Paris – FR0010501015 – ALORO), has been selected by a…
CMA CGM Reshuffles its CIMEX 2E Service Linking Asia to Chennai
CMA CGM has announced the reshuffling of its CIMEX 2E service linking Asia to Chennai (India East Coast) as from January 2016. Frequency: weekly. Fleet: 5 vessels of 5,000 TEU.
Chinese to Acquire Greek Port as Gateway to Europe
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port…
EC Funding Gives Green Light to IMO Energy-Efficiency Project
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global…
Cosco is Sole Bidder for Majority Stake in Piraeus Port
Greece only received a bid from China's Cosco Group for a majority stake in Piraeus Port Authority, the operator of the country's biggest port, the privatisation agency said on Tuesday.
Keppel T&T Appoints CEO for Data Centres
Keppel Telecommunications & Transportation Ltd (Keppel T&T) is pleased to announce the appointment of Mr Wong Wai Meng as its Chief Executive Officer, Keppel Data…
BCT Upgrades Intermodal Facility
Baltic Container Terminal (BCT) in Gdynia, Poland recently completed its railway terminal modernization project last December. Part of BCT’s largest investment program…
U.S. Questions Chinese Submarines on Anti-Piracy Missions
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI.
Tanker Rates to Remain Under Pressure
The reduction in the new 2016 Worldscale flat rates of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns…
Several Migrants Die in Sea off Somalia
Dozens of Ethiopian and Somali migrants died in the waters off the breakaway Somalia region of Somaliland when their vessel failed mechanically in the course of the voyage and drifted in the sea…
Sound Energy Reports Progress On Moroccan, Italian Licences
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to provide the following update on its Moroccan and Italian gas portfolio. Further…
MSF Ends Mediterranean Rescues, Appeals to EU
The medical charity Medecins Sans Frontieres (MSF) has ended its sea rescue operation aimed at reducing the number of migrants and asylum seekers killed while trying…
27 Migrants Dead after Migrant Boat Capsizes on Aegean Coast
At least three of dead are children; Coastguard rescues 12 others from rocks. Turkish authorities said they found the bodies of 27 migrants, at least three of them children…
ClassNK Open Survey Office in Novorossiysk
ClassNK opened a new exclusive survey office in Novorossiysk, Russia with operations beginning January 1, 2016. Novorossiysk is a port city in southwest Russia facing the Black Sea. It is the country’s main port on the Black Sea and a leading Russian port for trade with Asia, the Middle East, the Mediterranean region, Africa and South America. The Novorossiysk office joins an existing network of survey offices throughout the region including in Constanta (Romania) and Istanbul (Turkey).
One Million Migrants Traveled to Europe by Sea in 2015
More than one million refugees and migrants braved the seas in 2015 seeking sanctuary in Europe, nearly five times more than in the previous year, the United Nations' refugee agency said on Wednesday.
Australian Frigate Deploys for the Middle East
Australia Prime Minister Malcolm Turnbull joined Chief of Navy, Vice Admiral Tim Barrett, AO, CSC, RAN, and friends and family at Garden Island, Sydney, to farewell the 229 Royal Australian Navy personnel onboard HMAS Darwin as the ship sailed for the Middle East region. Commander Australian Fleet, Rear Admiral Stuart Mayer, CSC and Bar, RAN, spoke to the assembled crowd and noted that while most Australians were spending the festive season with their loved ones…