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…
The growing number of construction projects in the Greater Amsterdam Area has created a need for a smart and efficient method for transporting materials to building sites. In an effort to meet this demand, the City of Amsterdam, Port of Amsterdam…
Singapore-based Ocean Network Express (ONE) has introduced its new EC5 route calling at the Port of Colombo, Sri Lanka. Headquartered in Singapore, Ocean Network Express was established on July 7, 2017 through the integration of 'K' Line…
Teekay Offshore Partners L.P. announced today that David Wong will step down from his position as Chief Financial Officer of Teekay Offshore Group Ltd. to commence a new opportunity outside of the Teekay organization.Wong, who joined Teekay…