Norwegean provider of floating production services to the oil and gas industry BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services…
The Canada Infrastructure Bank (CIB) announced that it will work with the Montreal Port Authority (MPA) to advance the project development of a new container terminal in Contrecoeur, where the port plans to expand its activities.The work could lead to an investment in the South Shore project…
Indian Minister of State for Shipping, Mansukh Mandaviya laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.According to a government announcement, the facility will be built at a cost of over INR 309 crore (USD 43 million)…
Connecticut-headquartered Diamond S Shipping Group Inc. (DSG) announced that it has agreed to sell two of its 2008-built medium-range product carriers as part of its fleet renewal initiatives.The vessels - the Atlantic Aquarius and Atlantic…
The world Suezmax fleet (excl. shuttle, product & Jones Act tankers) counts 517 vessels at the end of 2Q2019, said Nordic American Tankers (NAT).During 2018, 28 suezmax vessels were delivered from the shipyards and 21 vessels were scrapped, the international tanker company said in an announcement…
The Panama Canal will allow vessels coming from Venezuela to transit the waterway provided they present the necessary paperwork, the canal authority's chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American country may not make any difference to canal traffic…
The Nigerian Maritime Administration and Safety Agency (NIMASA) reports it has graduated another 298 surveillance officers in basic training course for the implementation of the Integrated Security and Waterway Protection Infrastructure also known as the Deep Blue Project…
Sea Cadets from the Netherlands and Belgium recently enjoyed a visit to Shoreham Port while on a celebratory trip to the South Coast of England. Travelling aboard the TS Zeefakkel, the party arrived at the Port having visited Southend-On-Sea and the Isle of Wight during their 2-week round trip…
Logimatic releases a new SERTICA app, which means that the users only need one app to manage jobs and forms. At the same time, the app is improved both visually and in terms of user experience to increase the user-friendliness.By combining the jobs and forms in the same app…
Vessel owners rarely carry cargo for their own account. More commonly by far, a vessel owner will charter its vessel to another party to carry their (or their sub-charterer’s) cargo. The contracts can vary widely – from voyage charters or…
Conrad Industries announced for the quarter ended June 30, 2019, it had net loss of $2.2 million and loss per diluted share of $0.44 compared to net income of $4.7 million and earnings per diluted share of $0.94 during the second quarter of 2018…
Hempel appointed Nigel Shewring as its new Group Director of Research & Development (R&D), responsible for managing the overall activities in Hempel’s 15 R&D centers globally.“The world of coatings is very complex and our experts play a crucial…
Germany’s largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in the first half of 2019.'Especially good growth trend in the general cargo segment…
E-ferry Ellen, the world's largest all-electric ferry, made its first commercial trip connecting the ports of Søby and Fynshav (Denmark).Switzerland-based battery system provider Leclanché SA has powered the vessel, capable of carrying approximately 30 vehicles and 200 passengers…
C Transport Maritime (CTM), the vessel management company in the dry cargo ocean transport industry, announced that four of its current members have added seven more vessels to the Supramax Revenue Sharing Agreement (RSA) in July and August 2019…