Korea Line Corporation (KLC) has secured a KRW 1.27 trillion (USD 1.1 billion) contract to transport liquefied natural gas (LNG) for its compatriot Korea Gas Corporation (KOGAS). Yonhap reported that under the deal with Korea Gas Corp. (KOGAS)…
Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated, for one of its Panamax dry bulk vessels, the m/v Protefs. The gross charter rate is $7…
The Ports of Indiana announced that Metro Ports – the country's oldest stevedoring company – will become the new bulk terminal operator at the Port of Indiana-Burns Harbor. Starting July 1, 2017, Metro Ports will manage the loading and unloading…
The Port of Los Angeles informs it has approved a five-year lease extension for SSA Pacific, Inc. to continue operating the marine terminal that is the West Coast’s home to imported Chilean fruit. For more than 25 years, Chilean growers…
Qatargas and Shell have signed a memorandum of understanding (MOU) that will lead to the two companies jointly researching liquefied natural gas (LNG) logistics. Through this joint logistics research collaboration, Qatargas and Shell aim…
Singapore's Offshore support vessel (OSV)-focused Pacific Radiance said that it has won US$45.3 million of new contracts including options, which will add to its operating cash flow. Under these contracts, ten of the Group’s offshore support vessels…
Greece-based Seanergy Maritime Holdings announced that it has entered into a time charter contract with a major European utility and energy company for its recently delivered Capesize vessel. The 2012-built M/V Partnership will commence…
Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities on Tuesday, Qatar Petroleum said. 'We view LNG bunkering as a promising opportunity for LNG to further grow as a clean energy source,' Qatar Petroleum CEO Saad Sherida Al-Kaabi was quoted as saying…
Optimarin informs it has signed an agreement with Goltens Green Technologies giving the Norwegian-headquartered ballast water treatment (BWT) specialist a global network of spare parts warehousing and service engineers. The framework agreement…
Marshall Islands based Hunter Maritime Acquisition revealed it has “mutually agreed” with Germany’s Oskar Wehr to terminate the master agreement and the memoranda of agreement (MOA) related to the acquisition of five Capesize dry bulk carriers…
Ecoslops, a company that upgrades ship-generated hydrocarbon residues, or “slops”, into valuable new fuels and light bitumen, said is has signed an agreement with TOTAL Group to set up a maritime transport induced oil residue waste-processing unit at La Mède…
AECOM said it has been chosen by the South Carolina Ports Authority (SCPA) to provide detailed design services for the new Hugh K. Leatherman, Sr. Container Terminal at the Port of Charleston. “Extending AECOM’s dedication to delivering…
South Korean shipping firm Polaris Shipping Co has placed an order with Hyundai Heavy Industries (HHI) to build three very large iron ore carriers, Yonhap reported. Polaris said the 325,000-ton iron ore carriers will replace some of its aged ships…
Diana Shipping, through a separate wholly-owned subsidiary, has agreed to extend and increase the time charter rate of the present time charter contract with Singapore-based Rio Tinto Shipping (Asia) for one of its Capesize dry bulk vessels…