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…
Dry bulk shipping market prospects improving Time charter deals on ships becoming more attractiveGlobal miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after years of turmoil…
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…
World Travelers will not need to trek out to New York City to catch Quantum of the Seas, the most anticipated cruise ship to-date. The ship will come to them. Royal Caribbean International has announced the details of the Quantum Global Odyssey…
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…
Three new 27,000 cbm LNG/Multigas Carriers for Evergas, the Denmark based transporter of petrochemical gases and natural gas liquids, are to be built featuring the integrated Wärtsilä solution, comprising the main propulsion equipment, the gas fuel supply system…
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…
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…
Kongsberg Maritime and Lycée Maritime Jacques Cassard in Nantes have signed a contract for the delivery of an advanced Engine Room Simulator. The K-Sim Engine delivery will consist of an instructor station and eight student stations, with two…
Great Lakes Shipyard hauled out the United States Coast Guard Cutter Biscayne Bay using its 770-ton capacity Travelift. The repair contract that started on May 7, 2014, includes drydocking and routine maintenance such as: Hull Plating…
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…