Zachary Thomas has joined the Northwest Seaport Alliance (NWSA) to lead the Operations Service Center (OSC), and Bob Meyer has been promoted to lead port operations and manage safety. In his new position, Thomas leads efforts to partner…
Physical supplier and trader of marine fuel oil the Bomin Group is launching a physical operation in Port Louis, Mauritius, effective from July 12, 2016. Bomin (Mauritius) Ltd. will utilize the 2008-build, double-hulled bunker barge MT Hakkasan to provide customers with products…
Britain’s decision to leave the EU will not by itself deal a body blow to shipping markets, but its implications create significant downside risks The U.K. Brexit vote will have far-reaching effects on the container shipping market, despite the country’s relatively minor role in global trades…
As part of its continuing global growth strategy, subsea IMR provider N-Sea has announced the opening of a new office in Dubai, with operations due to commence as early as August 2016. The new base will support N-Sea’s increased presence in the region…
Norsafe Receives High Praise from Australian NavyNorsafe, global leader in marine life-saving equipment, has received a glowing recommendation from the Australian Navy for the quality of its lifeboat servicing on one of the Navy’s replenishment vessels HMAS Sirius…
Before the furious monsoon and tropical cyclones hit South East Asia, Ardent, the amalgamation of two salvage giants, has already positioned itself to tackle the growing number of accidents and casualties that become a regular feature this time of the year…
India’s biggest player in liquefied natural gas (LNG) Petronet LNG Ltd has plans to establish a 5 million tonne LNG terminal in Bangladesh and 1million-tonne terminal in Sri Lanka. The Bangladesh terminal is in addition to 3.5 mt terminal…
Genting Hong Kong Ltd will invest 100 million euros in its German shipyard, MV Werften to focus on building new large ships. The three shipyards in the German State of Mecklenburg-Vorpommern bought this April would be named MV Werften, be managed in Wismar…
Malaysian shipyard TH Heavy Engineering (THHE) has been served with three winding-up petitions over an alleged debt of around $9.52million in total, for the supply of equipment and work done on the Layang floating, production, storage and offloading (FPSO) vessel…
China’s Unipec remained the top spot charterer of dirty tankers and VLCCs in the first half of 2016, according to Poten & Partners. In stock of the spot market activity in the dirty tanker market nothing (much) has changed between 2015 and 2016…
The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship – and the idea has merit, says a report in IOL. Building traditional fish farms on the open water in Norway has become almost impossible because of state rules intended to curb outbreaks of sea lice…
Russia’s Novatek Gas & Power has supplied its first ever cargo of liquefied natural gas, marking the company’s first step into global LNG trading business. The cargo was sourced from Trinidad & Tobago’s LNG plant in Point Fortin and delivered to the Quintero import terminal in Chile…
Organizers of this summer’s inaugural LA Fleet Week 2016 are in full planning mode for the week-long call of U.S. Navy ships on the LA Waterfront in the days leading up to and including Labor Day Weekend. Friday September 2, through Monday September 5…
A survey by leading accountant Moore Stephens has revealed that over three-quarters of owner-managed businesses (OMBs) in the UK operating in the shipping and transport sector are confident about their prospects for 2016. The survey revealed that…
Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August, the facility is the first LNG import terminal in Finland. LNG was brought with…