Latest News - page 991


Kvaerner Bags Two Contracts for Disposal of Platforms

Feb 09, 2018

Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019. The structures will be deconstructed during winter 2019 and spring 2020…

Ships Queue as Truck Strike Slows Argentina Grain Exports

Feb 09, 2018

Some 93 cargo ships were waiting to load soy and corn from Argentina's main exporting hub of Rosario on Friday, more than a week into a truck owners strike, the spokesman for an industry group said. That was up from just over 60 on Thursday…

New Program Improves Used-vehicle Export Process

Feb 09, 2018

A pilot Vehicle Validation Export Process Program that kicked off in Florida  earlier this month allows shippers to submit original vehicle export documentation electronically instead of delivering physical copies to a local customs trade office…

Capesize Rally Boosts Baltic Index by Nearly 2%

Feb 09, 2018

The Baltic Exchange's main sea freight index on Friday marked its best day in over two weeks, led by stronger demand for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

NY/NJ Cross Harbor Freight Program Enters Second Review Phase

Feb 09, 2018

The Port Authority of New York & New Jersey  awarded a $23.7 million agreement to Cross Harbor Partners, a joint venture of STV Incorporated/AKRF Inc., to undertake the Tier II Environmental Impact Statement for the Cross Harbor Freight Program at the port…

Police Investigate 2016 Hydrogen Leak at Statoil Refinery

Feb 09, 2018

Norwegian police have launched an investigation into a hydrogen gas leak at Statoil's Mongstad refinery in October 2016, the company said on Friday.Statoil temporarily shut and evacuated its main refinery on Norway's west coast when a rusted pipe socket ruptured…

Samsung Heavy Industries Bags USD 91.47mln Newbuild Order

Feb 08, 2018

Samsung Heavy Industries (SHI) swept 1 trillion KRW (USD 91.47mln) worth orders, including an order from an Asian owner to build eight 12,000TEU containerships for around 820 billion KRW. The neo-panamax vessels are 334m in length and 48…

IMO Signs Partnership Deal with European Bank

Feb 08, 2018

The International Maritime Organization (IMO) announced that it has signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD) in an effort to help promote sustainable shipping. The Memorandum of Understanding (MoU)…

Guy Platten New Secretary-General of ICS

Feb 08, 2018

The Board of the International Chamber of Shipping (ICS) announced the appointment of Guy Platten to the role of Secretary General, after almost five years in the UK Chamber of Shipping. 'Following an extensive and rigorous selection procedure…

DryShips to Spin Off of Its Gas Carrier Business

Feb 08, 2018

DryShips, a diversified owner of ocean going cargo vessels, announced that its wholly owned subsidiary, Gas Ships Limited has filed a registration statement on Form F-1 with the U.S. Securities & Exchange Commission, to spin off of its gas carrier business from the Company…

Qatar Accedes to BWM Convention

Feb 08, 2018

​Sixty-eight countries have now signed up to International Maritime Organization (IMO)'s Ballast Water Management Convention, with Qatar being the latest to accede to the treaty helping to protect the marine environment.  The signatories…

Meidel Joins Crowley Fuels in Alaska

Feb 08, 2018

Rick Meidel has joined Crowley Fuels as vice president and general manager, responsible for the performance and day-to-day operations of Crowley’s Alaska division.Meidel previously spent 32 years with ExxonMobil in downstream lubricants…

West Calcasieu Port Awards Dredging Contract

Feb 08, 2018

The West Calcasieu Port Board of Commissioners voted this week to award the contract for the dredging of the Louisiana port's west barge basin to Coastal Dredging Company, Inc. of Hammond, La..  The successful base bid of $1,334,020 was…

Norwegian Flag Raised to 10-year High

Feb 08, 2018

There were 600 ships registered in the Norwegian International Ship Register (NIS) by the end of January, making the highest number of ships in the register since 2008. The ship register had been characterized by decline until 2015; there were 522 ships in the NIS in 2014…

Rotterdam Port Fund Supports Tagpoint Training

Feb 08, 2018

Investor Rotterdam Port Fund has taken an interest in Tagpoint Training bv, a Rotterdam technology company that has developed a unique digital platform for offering online modules for safety training. Tagpoint Training is the first to offer training that focuses on behavioral change…

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