A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and whales.The YM Efficiency…
If the United States implements trade sanctions including tariffs then all outcomes of the China-U.S. trade talks will be void, state news agency Xinhua said on Sunday following high-level trade discussions in Beijing.China is willing to increase…
YANMAR Marine International (YMI), supplier of engines and technology-driven marine propulsion systems to the leisure and light duty commercial markets, has announced key appointments.Following his work in various senior managerial positions in the company…
Egypt's Suez Canal revenue for the first 10 months of the 2017-18 fiscal year ending in June rose to around $5.1 billion, state news agency MENA quoted Finance Minister Amr El Garhy as saying on Sunday.Garhy did not provide a comparative figure…
French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning…
Portugal is seeking to expand its deep-water port of Sines to handle greater liquefied natural gas (LNG) shipments from the United States and elsewhere to offset Europe's shrinking domestic output, Prime Minister Antonio Costa said on Monday…
The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare fleets for strict new environmental regulations.The surge in scrapping…
Singapore's port authority will provide S$6 million ($4.5 million) to help build two liquefied natural gas (LNG) bunker vessels, in a bid to promote ship-to-ship LNG bunkering in the city-state.FueLNG, a joint venture between Keppel and Shell Eastern Petroleum…
The United Nations aid chief told Reuters on Monday that there had been an 'incident' with a U.N. ship being boarded by unknown forces off the Yemeni port of Hodeidah at the weekend, but it was over and the vessel had departed.Mark Lowcock, U…
A consortium including Japan's JERA Co and Marubeni Corp aiming to ship liquefied natural gas (LNG) to Australia's east coast has chosen a site south of Sydney at Port Kembla for an import terminal, it said on Monday.The project will allow access…
China's liquefied natural gas (LNG) trucking capacity will double to 38 million tonnes by 2025, consultancy Wood Mackenzie said in a report on Monday.The flexibility offered from delivering LNG by truck will help offset a lack of infrastructure such as pipelines…
A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday…
KVH Industries, Inc. announced that BW Group has chosen KVH’s connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BW’s fleet that have had KVH’s VSAT systems and services since 2013…
Following a competitive tender, Chevron Shipping Company LLC (CSC) has selected smart shipping solutions from C-MAP, a provider of commercial marine charting and cloud-based software solutions for fleet management and route optimization.CSC…
Containership owner operator Seaspan Corporation has announced that Fairfax Financial Holdings Limited, through certain subsidiaries, has entered into a definitive agreement to invest an additional $500 million of equity in Seaspan through the exercise of two tranches of warrants…