This past summer produced an order for the world’s first very large ethane carrier (VLEC), shining the industry spotlight on a traditionally niche gas sector whose promise had grown to require a dedicated fleet of ships for intercontinental trade…
The unmatched track record and expertise that Wärtsilä has in LNG fuel solutions for the marine industry is again emphasised with the company's launching of a new series of LNG Carrier ship designs. This series of designs is the latest addition…
More than 700 union workers at the largest U.S. refinery unanimously approved a new contract in a vote at their union hall in Port Arthur, Texas, on Tuesday night, said union officials.The United Steelworkers union (USW) also said workers…
The chief financial officer of commodities firm Trafigura, Pierre Lorinet, who led the trading house's headquarters relocation to Singapore from Switzerland in 2012, is stepping down from October, Trafigura said on Monday.Lorinet, 43, said…
The State of Washington’s Department of Ecology has honored Crowley Maritime Corporation’s petroleum services division with the Exceptional Compliance Program (ECOPRO) award in recognition of excellence in marine safety and environmental stewardship…
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…
Inchcape Shipping Services (ISS) has marked a milestone with its 100,000th hub appointment for Maersk Tankers.For the past week, ISS staff across the company’s global network have been actively following vessel activities to see which tanker would take the golden ticket…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…
Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals. This is the…
Personal friendships are turning sour as some workers cross picket lines in the lingering U.S. refinery strike, with companies pushing laborers to return to work by saying they could lose their bonuses.A month into the biggest U.S. refinery walkout in 35 years…
The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015. These new technical…
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East…
Three crew members of a Maltese-flagged supertanker, who were kidnapped by pirates three weeks ago off Nigeria, have been released, Greece's foreign ministry said on Wednesday. The Kalamos crude carrier was heading to Nigeria's main oil terminal when it was attacked on Feb…
The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday.A total of 6,550 USW members are on strike at 15 plants…
Tesoro Corp said it resumed work at its 166,000-barrel-per-day refinery in Martinez, California. The facility is currently idle and operating as a terminal for customer supplies.Tesoro had previously announced a plan to shut the plant while…