Tanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime…
In Chittagong, Bangladesh, on the International Labour Day of 1 May, the Platform member organisation YPSA brought together shipbreaking workers for a demonstration to claim their right for a healthy and safe workplace. OSHE, another Platform member…
European Cargo Logistics (ECL), an associated company of Lübecker Hafen-Gesellschaft mbH (LHG), and DSV Road AB, a part of DSV – Global Transport and Logistics, are now reaching another spot on the map, Zajeci in the South Moravian Region of the Czech Republic…
Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that a subsidiary of the Company has entered into a time charter contract for its newbuilding vessel…
Boss credits 'all links in the supply chain' with comeback from 2014 low pointIn 2014, stalled negotiations over a new waterfront labor contract crippled ports from San Diego to Seattle. Today, a number of those ports are handling record cargo volumes…
Sri Lanka's state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday.The state…
Ship owner Dorian LPG Ltd. said it will look to upgrade the main engines of up to 10 of its very large gas carriers (VLGCs) to dual fuel technology utilizing liquefied petroleum gas (LPG) as fuel.The ship owner has entered into a memorandum…
More than 400 SUNY Maritime College students and others this summer will spend three days assisting ongoing hurricane recovery efforts in San Juan, Puerto Rico, during the college’s annual summer sea term onboard Training Ship Empire State VI…
Two floating docks have completed their 26-day voyage across the North Atlantic to Damen Shiprepair Curaçao (DSCu) in the southern Caribbean.The larger of the two is a Panamax-class dock measuring 230 meters by 45 meters for tankers, containerships and other large vessels…
U.S. Coast Guard Sector North Carolina has restored radio communication capability Friday.Repairs were completed at approximately 4 a.m. after communications went down Thursday evening, leaving the Coast Guard unable to monitor radio traffic…
Caterpillar Inc. announced today its board of directors has appointed Andrew Bonfield as chief financial officer (CFO) effective September 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective May 4, 2018.Bonfield…
Subsea 7 S.A. announced that it had taken note of McDermott International shareholders' vote in favor of a combination with Chicago Bridge & Iron Co (CB&I).In light of this vote, Subsea 7 confirms that the proposal made to McDermott's Board…
Bermuda-based Nordic American Tankers (NAT) is planning to sell two of its older suezmaxes, thus reducing its fleet size to 31 tanker vessels. NAT described the move as a means of “retaining the flexibility of NAT going forward”. 'We…
For the first time liquefied natural gas from Sabetta on the Siberian peninsula Yamal, was transhipped simultaneously in Zeebrugge from an ice class vessel (ARC7) into a conventional LNG carrier for further transport to Asia on May 01 Tuesday…
Top Ships, an international owner and operator of modern, fuel efficient 'ECO' tanker vessels focusing on the transportation of petroleum products, announced that it has extended the firm period of the time charter of M/T Eco Fleet with BP Shipping Limited for six months…