In a recent decision, the Commercial Court held that a shipowner's refusal to allow two VLCC's nominated by the charterers to carry out STS transfer operations was unreasonable. The decision was noted by Hattie Sumption, partner at Clyde & Co…
One year after Hurricane Isaac scattered more than a hundred ships and vessels in the Lower Mississippi River, the United States Coast Guard (USCG) honored two New Orleans-Baton Rouge Steamship Pilots (NOBRA) for their fearless actions in braving…
TOP Ships Inc. an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three stock purchase agreements with an affiliate of the AMCI…
Concordia Maritime´s president Hans Norén will leave the company at the end of the year. Norén said, “After ten years as president and 18 years in total with the company, the board and I have agreed that year end 2013 will be a good time for a change on this position…
33rd Annual Event to be Hosted by Al Roker and Honor Joseph Pyne of the Kirby CorporationThe Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced that…
The largest vessels in the world will be moored in the port of Rotterdam in the next 7 days, thanks to the port's deep-draft facilities.On Friday 16 August, all attention will focus on the first visit of the Maersk Mc-Kinney Moller. With a capacity of 18…
Crowley Maritime Corporation announced today that it will continue to grow its fleet of petroleum vessels and enhance service to customers by contracting with Aker Philadelphia Shipyard Inc. (APSI) to build up to eight product tankers for delivery between 2015 and the end of 2017…
United Against Nuclear Iran (UANI) called on Italy’s Ignazio Messina & Co. SpA, the world’s second largest roll-on/roll-off tanker operator, to immediately end its Iran operations.Ignazio Messina operates container and roll-on/roll-off…
Drewry’s latest Tanker Insight reports that freight rates in most vessel categories remained on the softer side during the month due to weakness in chartering activity in the major loading regions barring Arabian Gulf. The same was reflected…
Further ordering activity seen in the tanker market in the period up to 10, June 2013, according to Clarkson Hellas Weekly S+P report.Clients of Consolidated Marine Management have contracted three firm 115,000 DWT LR2s at Hyundai Samho. Understood to have been signed earlier this year…
Almi Tankers S.A. has received M/T Almi Navigator following the vessel's delivery at DSME's Okpo Shipyard., South Korea.This 157,787 dwt tanker is the eighth Suezmax of Almi's newbuilding programme and was built by Daewoo Shipbuilding & Marine Engineering Co…
Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services.The fixed-rate time-charter contracts will be serviced by the two 173,400 cubic meter LNG…
Product and chemical tanker specialist Ardmore Shipping has taken delivery of the Ardmore Seaventure from SPP Shipbuilding in Korea and immediately delivered the tanker to Cargill on a 12 month time charter arrangement.The Ardmore Seaventure is a 49…
With seasonally weak demand in the second quarter, the short-term view for freight rates does not look positive finds Drewry.Global oil demand declined by 1.0% in the first quarter of the year to 89.9 million bpd, although some recovery…
Rolls-Royce has won a contract to convert the tankship 'Bergen Viking' to run on engines powered by natural gas, replacing the current diesel engines. Rolls-Royce Plc has won a contract to convert the merchant ship Bergen Viking to run on engines powered by natural gas…