Russia's top oil producer Rosneft has issued tenders to sell 876,000 tonnes of vacuum gasoil (VGO) out of the Baltic Sea and the Black Sea between July and December, traders said on Tuesday. One tender calls for bids to buy up to 540,000…
Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register.The technical and crew management deal, signed with Danish ship owner Evergas…
Dimitris Pantelis, Professor at the School of Naval Architecture and Marine Engineering and Director of Shipbuilding Technology Laboratory at the National Technical University of Athens (NTUA), Greece Mr will speak at the ninth technical meeting for the 2013-2014 season…
Long established in the trucking, warehousing, cargo transfer and barging industry of Thailand, S.P. Inter Marine can be described as a broadly horizontally integrated firm. With a well constructed presence at Ayutthaya, about 80 kmup the Chao Phrya River from the Gulf of Thailand…
Steamship Mutual has released its financial results following approval of its 2013/14 Report & Accounts by the Board of the Club.The club achieved a financial year combined ratio of 96.7%, whilst maintaining a low risk investment strategy…
Long-range clean tanker rates stayed firm on Monday extending a recent rally with firmer cargo demand bolstering sentiment further. Long Range 1 tankers, carrying 55,000 tonne loads from the Middle East Gulf (MEG) to Japan, reached W117…
French oil major Total has cut its presence in the Libyan capital Tripoli to a minimum over security concerns, although it is not evacuating staff from Libya and offshore operations are continuing, a spokeswoman said on Monday. 'We are monitoring the situation…
HydroComp, Inc. Introduces Online Professional Training Program. Hydrocomp introduces a new platform for interactive learning and consulting. These online professional training classes will offer both focused software training, as well…
The Georgia Ports Authority Board approved Monday $86.5 million to purchase four new ship-to-shore cranes and 20 new rubber-tired gantry cranes (RTGs) used to handle containers at Garden City Terminal. “Our continued infrastructure investments…
Global chart distributor Nautisk has announced two new appointments to its senior management team. Peter Johan Pran has been appointed Acting Head of Global Sales, whilst Gunnar Aarstad has taken up the position of Acting Head of Global Operations…
NewLead Holdings Ltd. (NASDAQ: NEWL) said that 'Newlead Albion', a 2012-built dry-bulk eco-type Handysize vessel of 32,318 dwt, was delivered to NewLead's fleet on Monday, May 19, 2014.The Newlead Albion is trading on the spot market and is expected to generate $2…
Nordic Shipholding A/S has been informed that Pacific Alliance Group (“PAG”), which controls Nordic Shipholding’s majority shareholder, Nordic Maritime S.á r.l., has entered into an agreement with BW Group regarding the establishment of a joint…
In the first quarter of 2014 total throughput in the Port of Hamburg reached 35.6 million tons, representing 8.6 percent growth. Both general cargo throughput totalling 25.2 million tons (+ 10.8 percent), and bulk cargo throughput at 10.4 million tons (+ 3…
Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate's shipping offshoot Zim, first set out in January and which has now received a key government go-ahead. An Israel Corp spokesman said shareholders of the group…
ISS GMT has announced the opening of its new office in Palma de Mallorca, Spain. Placed at the heart of the Mallorcan yachting community, the office is conveniently located in office 10 inside the Global Building at STP, one of the largest superyacht facilities in Europe for refit and maintenance…