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SEA\LNG Welcomes First Shipborkers in the Coalition

Jun 21, 2018

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced that it has welcomed Exeno Yamamizu Corporation (Yamamizu) & Fearnleys AS as the first shipbroking companies to join its membership coalition…

Koch Shipping Signs Charter Deal for Diana's Bulker m/v Philadelphia

Jun 21, 2018

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia.  The global…

Thick Sea Ice Blocks Exports from Yamal LNG Plant

Jun 21, 2018

Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia's newly-built export plant in Yamal, Russia's state-run nuclear-powered tanker company Rosatomflot said.Unseasonably severe ice conditions are also clogging routes to Asia through the Northern Sea Route (NSR)…

East Libyan Forces Advance to Retake Oil Ports

Jun 21, 2018

East Libyan forces said on Thursday they had retaken the shuttered oil ports of Es Sider and Ras Lanuf, though clashes resumed south of Ras Lanuf in the afternoon after a counter-attack by rival factions.Staff were evacuated from terminals in…

Sailors’ Society Launches Wellness at Sea E-Learning

Jun 21, 2018

International maritime welfare charity, Sailors’ Society, has launched an online version of its widely respected Wellness at Sea coaching program.The e-learning platform opens up the globally renowned course, which until now was only available in a classroom setting…

BMT Names Vittal MD in India

Jun 21, 2018

BMT has appointed Anup Vittal as Managing Director in India.An aerospace and defense industry veteran, Anup has over 28 years’ experience working in both the private and government sectors. He joins BMT following his most recent role as an industry…

Baltic Index Slips to Two-week Low

Jun 21, 2018

The Baltic Exchange's main sea freight index on Thursday fell to its lowest level in two weeks, pulled down by falling rates for capesize and panamax vessels.The overall index, which tracks rates for ships carrying dry bulk commodities, slid 26 points…

China to Cut US Oil Imports Amid Trade Spat

Jun 21, 2018

Chinese oil buyers will keep taking crude from the United States through September, but plan to reduce future purchases to avoid a likely import tariff amid a trade spat between the world's two largest economies, multiple industry sources said…

LNG Imports Climb at CNOOC's Zhejiang Terminal

Jun 21, 2018

CNOOC's Zhejiang terminal will receive 5 million tonnes of liquefied natural gas in 2018 up from 3.58 million tonnes last year, CNOOC Gas and Power Co said on Thursday.The Zhejiang terminal located in Ningbo in Zhejiang province has unloaded 33 LNG tankers as of June…

Danaos Corporation Refinances USD 2.2bln in Debt

Jun 20, 2018

Danaos Corporation, a leading international owner of containerships, has reached an agreement with certain of its lenders currently holding approximately $2.2 billion of debt maturing on December 31, 2018, that will significantly strengthen…

MOL Snaps Up Adriatic Gas via Croatian Unit

Jun 20, 2018

MOL Group’s Croatian INA agreed to buy Eni Croatia BV, a wholly-owned member of Eni Group, through which Eni participated in the joint project of gas production in Croatia’s offshore areas Northern Adriatic and Marica. INA will become the…

Shippers Push to Undermine EU Ship Recycling Regulation

Jun 20, 2018

The EU member states’ experts on ship recycling met in Brussels to discuss the latest developments, six months ahead of the application of the 2013 Ship Recycling Regulation.  With the recent decision by the Chinese government to stop the import of end-of-life ships for scrapping…

Partners Unveil New Digital Operations Tool

Jun 20, 2018

Navigation solutions provider Marine Press, environmental product and services company Total Marine Solutions and maritime software and technology firm Brenock have partnered to advance digital transformation in the maritime industry.In an exclusive arrangement announced today at Marine Money…

SC Ports Plans for 5% Container Growth

Jun 20, 2018

Today, the South Carolina Ports Authority Board of Directors adopted a 2019 fiscal year financial plan that includes five percent pier container growth, $280.8 million in operating revenues, $42.9 million in operating earnings, and capital expenditures of $277…

RoRo Vessel Transports a European Space Agency Satellite

Jun 20, 2018

On June 15, 2018 at the Montoir de Bretagne roro terminal, an AEOLUS satellite designed by Airbus Space and Defense for the European Space Agency was loaded aboard the ro-ro vessel Ciudad de Cadiz, bound for Kourou, in French Guiana. Managed…

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