Latest News - page 1046

 

Georgia Ports Surpass 4 Mln TEUs

Jan 22, 2018

The Port of Savannah handled more than 4 million twenty-foot equivalent container units in 2017 - an increase of 11 percent and the port's highest annual volume ever. 'This is the first time we've handled more than 4 million TEUs in a 12-month period…

Emas Offshore CEO Capt. Adarash Kumar Resigns

Jan 21, 2018

Singapore-based Emas Offshore announced that CEO and Executive Director Capt. Adarash Kumar has tendered his resignation and his last day of service will be on April 6, 2018. In a stock exchange filing, the operating brand for Ezra Holdings…

Fujian Mawei Shipbuilding Bags Ocean Tankers Order for Six Vessels

Jan 21, 2018

Ocean Tankers, the provider oil tanker shipping and chartering services to oil companies and trading houses, has ordered six handy-sized tankers to be built at the Chinese shipbuilding facility Fujian Mawei Shipbuilding, said a report in Reuters…

California's Ports Implements Biofouling Regulations

Jan 21, 2018

Vessel operators calling at California ports are reminded of the state’s new biofouling management regulations and reporting requirements under its Marine Invasive Species Program 2018, said GARD. The state of California is known for its enforcement of stringent environmental regulations…

Keppel Explores Sale of Jack-up Rigs to Borr Drilling

Jan 21, 2018

Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is seeking to offload six jack-up rigs for…

Azerbaijan Caspian Shipping to Prevent Environmental Pollution

Jan 21, 2018

Environmental protection is one of the main criteria of sustainable development, says Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil…

Annet Koster New Director of KVNR

Jan 19, 2018

Association of Dutch Shipowners (KVNR) has appointed Annet Koster as its new director from 1 March 2018.  Annet Koster will join the shipowners' association ass the face of the KVNR, will make a strong case for Dutch shipping, said  the…

Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal

Jan 19, 2018

Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona…

Chembulk Tankers Issues USD 200mln Bond

Jan 19, 2018

Chembulk Tankers announced that one of its wholly owned subsidiaries, Chembulk Holding LLC, has priced USD 200 million in senior secured bonds which will carry a coupon of 8.00% and be due in February 2023. The net proceeds from the bond…

Aegean Exits Singapore Bunker Market

Jan 19, 2018

Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licences. The company had announced in October that it would halt physical…

Magufuli Bans Registration of Foreign Ships in Tanzania

Jan 19, 2018

Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity.The ban came after at…

Liberia Opens Maritime Training Institute

Jan 19, 2018

The Liberia Maritime Training Institute (LMTI) was officially opened by Liberia President Ellen Johnson-Sirleaf during an inauguration ceremony in Marshall City, Liberia, on January 5.The facility is named after John G Bestman, former Liberian…

Capesize Rates Post Biggest Weekly Drop in 2 Years

Jan 19, 2018

The Baltic Exchange's main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years. The overall index, which factors in rates for capesize…

Ocean Network Express Completes Merger Approvals

Jan 18, 2018

South Africa’s competition watchdog becomes final signatory allowing Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL ),  Nippon Yusen Kabushiki Kaisha (NYK ) merger, so that Joint venture (JV) can start operations on April 1. 'K Line…

G2 Ocean Names Wallem

Jan 18, 2018

Wallem Ship Agency has been appointed by G2 Ocean to provide Ship Agency services to all their vessels calling in ports in SE Asia. The agreement has been made with Wallem Ship Agency in Singapore, Malaysia, Thailand, Philippines, Vietnam, and Myanmar…

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