Maritime Industry Top News
MISC Berhad Names FSO Benchamas 2
MISC Berhad held the naming and delivery ceremony of its new Floating, Storage & Offloading (FSO) facility for Chevron Offshore (Thailand) Limited (COTL), the FSO Benchamas 2. The project marks MISC’s maiden foray into Thailand’s offshore oil and gas sector as well as its first partnership with COTL in the offshore space. The contract for the lease and operations FSO was secured through an international…
Woodside to Operate Scarborough
Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field. BHP waived its right of pre-emption and provides…
Baltic Cruise Boom Boosts Chances for Port Cities
Good opportunities for local port cities are up for grabs as a cruise shipping boom sweeps the Baltic. Both Rostock and Kiel are already profiting from it. Between…
Noble Group To Sell Ship For $24 Million
Struggling commodity trader Noble Group Ltd said it would sell to Bianca Corp a Kamsarmax dry bulk carrier for $24 million in cash. The Hong Kong registered ship has a capacity of 81…
Safety Award for APM Terminals Poti
APM Terminals Poti has been named the 2018 Corporate Social Responsibility (CSR) Award winner for the Best Project in the Human Rights Category: Increasing Safety Awareness for Truck Drivers.
South Korea Restuctures Mid-Sized Shipbuilders
The South Korean government decided to restructure two financially-troubled mid-sized shipbuilders, said a report in Business Korea. While filing for court receivership…
Kiel Gets Second Cruise Passenger Terminal at Ostseekai
A second handling centre for cruise ship passengers and their luggage is being built at Kiel’s Ostseekai Cruise Shipping Terminal. Artist’s impressions of how the…
Navios Maritime Containers Raises USD 30mln
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it has already completed a private placement of common shares, totaling $30.0 million…
Oakland Port Digitalized to Move Cargo Faster
Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions…
Harvey Gulf's Guidry Remains Confident as Bankruptcy Plays Out
In a March 10th E-mail to customers and media alike, Guidry charts the course ahead. In a terse E-mailed letter addressed to 'Valued Harvey Gulf Customers,' the U.S.
U.S. Navy Assesses Fleet Structure
Following the release of new national security and defense strategies, the Navy is undertaking a new Fleet Structure Assessment that could alter its stated goal of a 355-ship fleet…
BSEE: Report on Subsea Bolting Technology Released
In an effort to address a recurring problem with faulty connectors in critical safety equipment, the Bureau of Safety and Environmental Enforcement (BSEE) commissioned…
Bolivia Joins International Mobile Satellite Organization
The Plurinational State of Bolivia has become the 104th country to join the International Mobile Satellite Organization (IMSO), the inter-governmental body that…
CMA CGM Upgrades Indian Sub-continent and Europe Services
The CMA CGM Group, a world leader in maritime transport, is pleased to announce it is reinforcing its offer, starting 2 April 2018, from Indian Sub-Continent, in a partnership with HLC…
Diana Shipping Sings TC Contract for m/v Calipso With Glencore
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered…
Denmark, Mexico Sign Maritime MoU
Denmark's Minister for Industry, Business and Financial Affairs, Brian Mikkelsen and Mexico’s Secretary of Communications and Transportation, Gerado Ruiz Esparza…
Philippine Officials Trained in Forming Maritime Transport Policy
Officials from various government entities in the Philippines have received training in how to develop a National Maritime Transport Policy (NMPT). The concept is…
Vane Brothers Launches "Vane Launch"
The Vane Brothers Company (Baltimore, MD) introduced VANE LAUNCH, a new division that builds on the company’s existing launch service offerings, a division designed to be synergistic with Vane Brothers’ bunkering operations. “Though launch services have long been a part of the Vane Brothers catalogue, the emergence of VANE LAUNCH signals a new era of expansion and increased commitment to this important business segment,” said C. Duff Hughes, President, Vane Brothers.
Tenth Successful Interdiction for HMAS Warramunga
HMAS Warramunga’s crew has seized record amounts of narcotics on Operation Manitou following their latest interdiction. In the latest haul, the crew of the Royal Australian Navy frigate seized approximately 132 kilograms of heroin valued at almost $40 million while patrolling international waters of the Arabian Sea on 6 March 2018. The illegal narcotics interdiction is Warramunga’s third seizure in…
Russia's TMK Says U.S. Tariffs to Benefit U.S. Unit
TMK, Russia's largest of steel pipes for the oil and gas industry, said on Friday it expected new U.S. import tariffs on steel and aluminium to benefit its U.S. unit IPSCO. TMK said IPSCO did not import steel, so should benefit from President Trump's move. The company had yet to finish evaluating how the import duties would affect other parts of its business, it said in a written reply to a Reuters request.
