Japan will send a warship and patrol planes to protect Japanese ships in the Middle East as the situation in the region, from which it sources nearly 90% of its crude oil imports, remains volatile, Japan's top government spokesman said on Friday…
“An ounce of prevention is worth a pound of cure.” – Henry de Bracton, DeLegibus, ~1240Often clients or prospective clients come to me with a commercial contract issue perched on the precipice of full-blown litigation or arbitration. When I ask to see the contract…
Latest move to Enter El Salvador with Energía del Pacífico will Reinforce SAAM Towage's Presence in Central America.The Managing Director of SAAM Towage, Felipe Rioja, celebrated the company’s upcoming launch in the new market: El Salvador.…
Largest 'Con-Ro' Ship Built in U.S. Will Serve Hawaii.Matson today took delivery of its newest vessel, the largest combination container / roll-on, roll-off ('con-ro') ship ever built in the United States, from General Dynamics NASSCO. Christened 'Lurline…
Scrubber and ballast water treatment system refits have helped to maintain brisk business at shipyards globally, as shipowners upgrade ships to meet regulatory mandate. In Singapore, Keppel Offshore & Marine Ltd. reports that it has won 104…
Offshore vessel operator Swire Pacific Offshore (SPO) has informed that seven of its crew members of the Pacific Warden, abducted in a pirate attack offshore Equatorial Guinea in November, have now been released.According to a press release…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) Group has provided support to a project being conducted by maritime volunteers in the town of Pembroke, which is south of Wales, to return ginkgo saplings linked to Admiral Togo, one of Japan’s greatest naval heroes…
China’s largest offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) and Chinese state-owned shipping and logistics giant China Ocean Shipping Company (COSCO) signed a strategic cooperation framework agreement.Capt. Xu Lirong…
Korea Shipbuilding & Offshore Engineering (KOSE), a manufacturer of oil tankers, cargo and passenger vessels, and warships, and Saudi Arabian Oil Company (Saudi Aramco) plans to set up a joint venture to build engines.According to South Korea’s…
The St. Louis Regional Freightway has compiled a summary of the major developments over the past year that either elevated the St. Louis region’s global status as a world-class freight hub or will help to advance the region’s position as the country’s freight nexus in the year ahead…
Thailand-based Electricity Generating Public Company Limited (EGCO Group), has acquired a 25% ownership interest in Yunlin Holding GmbH, the developer of the 640MW Yunlin offshore wind farm project in Taiwan.The electric utility holding company…
The Recycling of Ships Bill 2019 for safe and environmentally sound recycling of ships in India has become an Act after receiving the assent of President of India.The government of India decided to bring this Act to provide for the regulation…
A direct Chabahar-Muscat ferry line between Iran and Oman is planned to resume operation within a month, said Iran's official news agency.Ferries with the capacity of transporting 240 people and 40 vehicles will operate between Iran’s Chabahar…
The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok…
Credit Suisse Energy Infrastructure Partners (CSEIP) acquired 25% stake in the Arkona offshore wind farm (OWF) from Norwegian energy company Equinor.Watson Farley & Williams (WFW) has advised CSEIP on the EUR 340 million financing of the acquisition…