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Thyssenkrupp Wins Order to Build Fertilizer Plant in Brunei

Aug 28, 2017

Germany's Thyssenkrupp said it has won an order from Brunei to build a fertilizer plant in the southeast Asian state, in a much-needed boost to its struggling industrial solutions division. It did not disclose the value of the contract, awarded by state-run Brunei Fertilizer Industries…

Abu Dhabi Ports Celebrates Emirati Women’s Day

Aug 28, 2017

Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, Fujairah Terminals at the Port of Fujairah, and Khalifa Industrial Zone Abu Dhabi (KIZAD), celebrates Emirati Women’s Day…

Port of Texas City Expects to Resume Service after Assessment

Aug 28, 2017

The Port of Texas City said on Saturday it expects to reopen within 24 to 48 hours after completing an assessment for damages after Tropical Storm Harvey made landfall as a category 4 hurricane. The port was closed on Friday for maritime operations…

Bulk Carrier Splits in Two in the Black Sea

Aug 28, 2017

A dry cargo vessel broke in two in the Black Sea off Turkey's northwest coast, television images showed early on Sunday, while the 11-man crew was rescued.Mongolian flag carrying Leonardo, a 114-meter-long dry cargo ship, started buckling…

Qatar Navigation Launches Pakistan Service

Aug 28, 2017

Major Qatari shipping conglomerate Qatar Navigation (Milaha) is launching a direct service between Qatar and Karachi in Pakistan, the company said on Sunday, as it seeks to counter economic sanctions against Doha by other Arab States. Saudi Arabia…

Port of Corpus Starts Recovery after Hurricane Harvey

Aug 28, 2017

The Port of Corpus Christi has begun its recovery efforts after initial assessments show light to moderate damage and debris from the impact of Harvey, which hit the major port as a Category 4 hurricane, the port director said on Sunday. 'We…

Adani Aims to Ship First Coal from Australian Mine in 2020

Aug 28, 2017

India's Adani Enterprises said on Monday it plans to begin work in October to build the controversial Carmichael coal project in Australia, aiming to make its first shipment in March 2020. The company said accommodation at the Carmichael camp reopened last week…

Bahri to Build 4 Bulk Carriers for USD 120mln at Hyundai Heavy

Aug 27, 2017

The National Shipping Company of Saudi Arabia (Bahri) announces that its subsidiary Bahri Dry Bulk Company (owned 60% by Bahri) (BDB) has signed contracts with Hyundai Heavy Industries (HHI) to build 4 bulk carriers.  These carriers will be delivered during the first half of 2020…

Korean Shipyards Still in Rough Sea

Aug 27, 2017

South Korean shipyards are still struggling to cut costs through unpaid leave for their workers and shutting down dry docks idled amid a lack of orders, Yonhap reported quoting industry sources.  The report said that for decades, the shipbuilding…

Tanker Goes Aground Off Brooklyn

Aug 27, 2017

Oil tanker Kamome Victoria that ran aground in a shipping channel between New York and New Jersey has been cleared to depart after it passed inspections, the U.S. Coast Guard said. According to AP report, the product tanker was carrying 373…

Ferbec Officially Joins Canada Steamship Fleet

Aug 27, 2017

Canada Steamship Lines welcomed M.V. Ferbec, a 49,502 DWT conventional geared bulk carrier equipped with four cranes and grabs, which is now fully operational in the Gulf of Saint Lawrence. The vessel, which previously operated in CSL’s Australian fleet as CSL Melbourne…

BW Catcher Sails to North Sea

Aug 27, 2017

BW Offshore, a leading global provider of floating production services to the oil and gas industry, announced the sail away of the FPSO BW Catcher. The vessel has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea…

Petroleum Geo-Services Appoints Rune Olav Pedersen as President & CEO

Aug 27, 2017

The Board of Directors of Petroleum Geo-Services ASA (PGS) has appointed Rune Olav Pedersen (47) as the new President & CEO of the Company. He will succeed Jon Erik Reinhardsen on 1 September 2017. 'The Board has run a thorough succession process since early spring…

Korea to Establish Maritime Promotion Corporation

Aug 25, 2017

Korea Maritime Promotion Corporation (KMPC), a dedicated support organization for the shipping industry, will be established in Busan in June of next year with capital of 5 trillion won (US$4.5 billion), reported BusinessKorea. KMPC is set to offer financial and industrial policy support…

Capital Product Bags 3 MR Charters

Aug 25, 2017

Capital Product Partners, an international diversified shipping company, announced that it has secured new time charter employment for three Medium Range (MR) Product Tankers. The M/T 'Amadeus' (50,108 dwt, IMO II/III Eco Chemical/Product Tanker built 2015…

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