Singapore marine fuel sales in October climbed 3 percent on year to a five-month high of 4.125 million tonnes, according to data released by the Maritime and Port Authority of Singapore (MPA) on Tuesday.The latest sales volumes were 0.3 percent higher compared to September…
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, slipped for the eleventh straight session on Tuesday as the capesize index posted its biggest daily percentage fall in more than 10 months…
MAN Energy Solutions Takes Next Step in Developing Presence in Finland.MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading…
AP Moeller Maersk third-quarter results are due on Wednesday, November 14th. The Q3 operating profit is forecast to be $371 million.A poll of forecasts for the Danish shipping group is emerging. Of the eight analysts who disclosed their recommendation on the AP MOELLERMAERSK stock…
Aberdeen-based energy services firm Wood been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC).Project management consultancy (PMC) services will be provided…
Global hyperloop pioneer Virgin Hyperloop One elects Sultan Ahmed bin Sulayem as Chairman and Jay Walder as CEO as company leverages new round of funding to begin implementation of hyperloop from Pune to Mumbai.Sultan Ahmed bin Sulayem is the Group Chairman and CEO of DP World…
Indian Prime Minister Narendra Modi has inaugurated the first multi-modal terminal built on the river Ganga in Varanasi (Kashi). He also received India's first container vessel that sailed from Kolkata on the newly-developed inland waterway…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.However…
An innovative application of blockchain technology will be put to the test at the Port Community of Veracruz, Mexico by a team of researchers from the Texas A&M Transportation Institute (TTI) and dexFreight, a Florida-based blockchain and logistics startup…
Boys are coaxed into cleanliness at bath time playing with boats. But it was never a game for Joseph Farrell, III, instinctively realizing he was ballasting and salvaging ships, unlike the typical Mr. Bubbles kid. The scion of Resolve Marine…
Merseyside’s SeaKing Electrical is ushering in four new starters on the 10th anniversary of its apprentice training scheme. A grand total of 43 apprentices have now been employed by the marine electrical specialist. SeaKing employs more than…
On November 10, Royal IHC successfully launched the Spartacus, a 44,180kW self-propelled cutter suction dredger (CSD) designed and built for DEME. The ceremony took place at IHC's shipyard in Krimpen aan den IJssel, The Netherlands. It was performed by Mrs Fabienne Ackermans…
Marking India’s first containerized movement on inland waterways, PepsiCo India became the first company to use containerized vessel movement for transporting products from its plant in Kolkata to the port in Varanasi. The first containerized vessel was received by Hon’ble Prime Minister of India…
A quarter of a century after opening the first distribution center in the Middle East, GAC Dubai officially unveiled its new purpose-built contract logistics facility, at Dubai South.The inauguration ceremony was held under the patronage of His Excellency Khalifa Al Zaffin…
A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera…