Tillberg Design of Sweden has been a central player in the six-year quest to envision, design, build and launch The Ritz-Carlton Yacht Collection brand. It has had a hand in all design aspects, from vessel exterior and interior, down to the service organization and the crew uniforms…
The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington…
The Baltic Sea port, Port of Riga is now offering regular port services for liquefied natural gas (LNG)-powered container vessels to reduce the environmental impact of its operations and boost its container throughput.'By officially welcoming the new container ship Containerships Polar…
Iran's Amirabad port is attracting huge investments - 239 companies already committed investments, 13 of which are being under construction with 6700 billion Rials ($160mln ) worth of investment.“A new transit corridor will be formed on the axis of Amirabad - Dogharoon - Chabahar”…
Polar adventures specialist Quark Expeditions is to introduce new livery on Ultramarine, it’s latest expedition cruise vessel, which will debut in time for the 2020-2021 season in Antarctica.The 200 passenger polar expedition ship is under construction at Croatia’s Brodosplit shipyard…
Mohamed Samara, CEO of MPS Terminal 3 at Tema Port, Ghana, announced that shareholders had approved the immediate construction of Phase 2 with completion expected by end of 2020, two years earlier than initially planned.With a depth of 18 meters…
Ocean Network Express (ONE) announced the launch of a new direct service, the Indian Ocean Service 3 (IO3), which covers South East India, Mediterranean, and North Europe.The new product will offer new port coverage and boost reliability to…
Marshall Islands-incorporated Global Ship Lease (GSL) has agreed a new charter for the 2003-built, 2,207 TEU GSL Keta.The containership charter owner said in a press release that commencing in late July, the vessel will be chartered for minimum…
President Donald Trump said the USS Boxer destroyed an Iranian drone in the Strait of Hormuz on Thursday after the aircraft threatened the ship by flying to within 1,000 yards of it.He called on other countries to condemn Iran and protect their own ships.Reporting by Steve Holland
Henrik Weiss believes that “the sale of a ballast water management system (BWMS) is a long-term commitment to the client, especially in the marine industry where support and service is a pre-requisite throughout the product lifecycle.” As Ecochlor’s…
Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.The vessels Bavand and Termeh came to Brazil a couple months ago carrying urea…
Iran must immediately release a vessel it seized in the Gulf and its crew, a U.S. State Department spokesperson said on Thursday.'The United States strongly condemns the Islamic Revolutionary Guard Corps Navy’s continued harassment of vessels…
The Baltic Exchange's main sea freight index rose on Thursday to its highest since December 2013, driven by demand for vessels shipping iron ore in the Atlantic, pushing capesize and panamax indices to multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
U.S. and Chinese officials will hold a telephone call later on Thursday that could pave the way for further in-person trade talks, U.S. Treasury Secretary Steven Mnuchin told CNBC.Mnuchin, speaking from the G7 meeting in Chantilly, France, said he and U…
Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner…