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Ulstein Verft to Finalise Color Hybrid

Nov 07, 2018

The hull of the 'Color Hybrid', European cruiseferry line Color Line's next flag ship that will be servicing Sandefjord-Strömstad, has arrived Ulstein Verft for completion.The ship is contracted by Color Line at Ulstein Verft and is scheduled for delivery Q2 2019…

China Navigation Company Opens Shanghai HQ

Nov 07, 2018

Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago…

SunStone Orders Third Expedition Cruise Vessel at CMHI Yard

Nov 07, 2018

Miami-based  SunStone Ships has declared option number two at CMHI shipyard after signing a long-term charter contract with Victory Cruise Line for the vessel, with a total of three newbuilds now under construction at the Chinese yard.A press…

Sempra Energy Signs New Mexican LNG Terminal

Nov 07, 2018

Sempra Energy, the US group that aims to build a liquefied natural gas (LNG) export facility near Ensenada, Mexico, to serve customers in Asia moved closer to becoming reality as the natural gas utilities holding company  announced agreements with three international firms…

V.Group Launches Seafarer App

Nov 07, 2018

The global marine and offshore vessel management and support services provider V.Group  has announced that it will unveil a new app for seafarers as well as an upgraded training centre in Manila as progress accelerates on Project Embark.Project…

Safe Bulkers Improves Bottomline

Nov 07, 2018

Monaco-based Safe Bulkers said that its net revenues for the three months months period ended September 30, 2018 increased by 34% to $50.1 million from $37.3 million during the same period in 2017.The international provider of marine drybulk…

Eamonn O'Reilly Re-elected as Chairman of ESPO

Nov 07, 2018

Eamonn O’Reilly was unanimously re-elected as Chairman following a vote of European Sea Ports Organisation (ESPO)'s General Assembly in Brussels. E. O’Reilly has been chairing the organisation during the last two years.The General Assembly also…

Tellurian to Start Building LNG Export Plant in 2019

Nov 07, 2018

U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.Chief Executive Meg Gentle said in the…

N2Tankers Aframax Tanker Pool Launched

Nov 07, 2018

Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture.N2Tankers brings the shipowning and operational expertise of…

SeaCube Commits to Digital Transformation

Nov 07, 2018

SeaCube Container Leasing said it plans to provide its customers with access to leading-edge technology without the burden of a major capital financial investment.SeaCube offers a menu of options that affords customers the flexibility to develop…

Palau Marks its Presence in Dubai

Nov 07, 2018

Palau International Ship Registry, the world’s fastest growing flag, added yet more vessels into its fleet with the signing of two new ship registrations during Seatrade Middle East 2018 (STMM) held last month in Dubai.Jamal S Khalil, General Manager…

Orion Bags $10 Mln Dredging Contract

Nov 07, 2018

Specialty construction company Orion Group Holdings, Inc. said it has been awarded an approximately $10 million dredging contractThe deal was awarded to company’s marine segment from the U.S. Army Corps of Engineers for the dredging of the Sabine-Neches Waterway in Orange and Jefferson counties…

Bahri Targets Acquisitions in Asia, Middle East

Nov 07, 2018

Saudi Arabia's Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.Bahri is the world's largest owner and operator of very large crude carriers (VLCCs)…

Saras Invests in New Bunkering Terminal

Nov 07, 2018

Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International…

New Zealand's Napier Port to Build Additional Wharf

Nov 06, 2018

Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator, it is a vital regional asset which supports local business to employ an estimated 27…

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