Ophir Energy has signed a preliminary agreement to sell gas from its Fortuna floating liquefied natural gas (FLNG ) project in west Africa. All the six counterparties are established LNG buyers in European and Asian markets. The oil and…
The detained Norwegians Murmansk trawler 'Dolgoschele' returned to its home port and was preparing to set sail again.As reported today by the CEO-owner of the vessel of 'Perseus' Alexander Chumakov, the Norwegian authorities did not agree to their explanation…
Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA).GIA was being represented by Clasis LLC in relation to monies due and owing to them in the High Court of Singapore…
Christopher Jones has joined Metro Group Maritime, the New York headquartered commercial receivable management, debt recovery and consulting company focused on the maritime and transportation industry. Jones, formerly with Safmarine, a unit of Maersk Line…
In response to popular demand, Mersey Maritime has expanded the eligibility of its annual awards to include maritime companies and related organisations right across the Maritime, Logistics and Energy spectrum in the whole of the North West and the Isle of Man…
Hempel A/S announces that Anders Boyer-Søgaard, CFO and member of Executive Management of GN Store Nord A/S, will succeed CFO Kim Junge Andersen who will join Rockwool as CFO as per January 1, 2016.In 2007, Anders Boyer-Søgaard joined…
On November 30, NYK welcomed about 60 environmental supervisors from 46 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference once a year with NYK Group companies to share information…
More than half of the public companies in the offshore supply-vessel industry face a high probability of restructuring or bankruptcy, Bloomberg reported quoting a research released from the consulting firm AlixPartners. Even before crude…
Star Bulk Carriers, a global shipping company providing transportation solutions in the dry bulk sector, has reached agreements to sell four modern vessels, two capesize and two kamsarmax vessels. The vessels were sold for an aggregate…
Hinode’s 5th Annual conference on the Outlook for bunkering and Marine Lubricants in India clearly acknowledged the fact that India was well on its way to becoming a Bunkering destination. Lack of infrastructure, duties, quality of bunkers…
Moody's Investors Service has today changed to stable from positive the outlook on CMA CGM S.A.'s B1 corporate family rating, B1-PD probability of default rating and B3 senior unsecured rating. Concurrently, Moody's has affirmed the ratings assigned to the company…
The Assembly of the International Maritime Organization (IMO) has called on its Member States to accept a 2012 international fishing vessel safety agreement, in order to bring it into force and address the heavy casualty rate in the sector…
President Obama is today, expected to sign a five-year, $305 billion transportation reauthorization bill that Congress overwhelmingly passed yesterday which includes $11 billion in new freight funding grants and programs and other top priorities among America’s seaports…
Port of Townsville Limited (POTL) has welcomed the announcement this morning by Treasurer Curtis Pitt and Minister for Ports and Energy and Water Supply Mark Bailey of the appointment of two new locally-based Directors to its Board. Mr Shane…
The U.S. Coast Guard is continuing its investigation of an oceangoing bulk carrier, currently at anchor in Duluth, Minnesota, for allegedly violating U.S. environmental laws. The Coast Guard said it is investigating the crew, equipment and…