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, 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 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…
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…
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…
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…
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…
Eighty-two Crowley Maritime Corporation vessels recently received the Chamber of Shipping of America (CSA)’s annual Jones F. Devlin Awards in recognition of their outstanding safety records in 2017. Each year the CSA grants Devlin Award certificates…
Provider of metocean data to the maritime industry Tidetech Commercial Marine Pty Ltd says it is enhancing the scope of its services in response to a growing demand for marine weather data.Tidetech generates and curates a wide range of marine…
China Merchants Port Holdings has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka's deep sea Hambantota port, a state-run agency said on Wednesday.Under the deal, signed in July 2017, China Merchants Port (CM Port) will run the $1…
A Brazilian Supreme Court hearing ended with no consensus on the adoption of minimum freight prices and whether such prices should be dictated by the government, Justice Luiz Fux said on Wednesday.Minimum freight prices, introduced by decree…
Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no…
Transnet National Ports Authority (TNPA) has completed the construction of its Maritime Training Center at the Port of Cape Town and the institution will run its first courses in September 2018.TNPA refurbished an underutilized building at the port to house the center…
May imports at the Northwest Seaport Alliance of Seattle and Tacoma reached their highest level since 2010 this year.At 131,067 TEUs (20-foot equivalent units), import volumes were 0.7 percent above last May's total.Export volumes of 114,227 TEUs marked a 11…
The Transnet National Ports Authority (TNPA) operated Ports of Durban, Cape Town, and Elizabeth have been nominated for the Africa & Indian Ocean segment of the 25th annual World Travel Awards in the category of “Africa’s Leading Cruise Port 2018”…