US West coast employers have made an offer to longshore workers in a bid to end the deadlock over a new labour contract that has added to the chaos afflicting some of the country's largest ports.The Pacific Maritime Association (PMA)…
A silver Hyundai Genesis rolling down the ramp of the Wallenius Wilhelmsen vessel Isolde became the 5 millionth vehicle handled by International Auto Processing at the Port of Brunswick.“On behalf of the GPA, I would like to congratulate IAP…
Japanese automakers are being forced to ship some car parts to U.S. plants by expensive air cargo and tweak production processes as a protracted labor dispute at U.S. West Coast ports shows no signs of letting up.Fuji Heavy Industries Ltd's Subaru…
Brazil's Petrobras chose current Banco do Brasil SA Chief Executive Aldemir Bendine as its new CEO on Friday, government sources said, as the embattled state-run oil company tries to regroup following the sudden resignation of nearly all of its senior managers amid a corruption scandal…
First State Investments is taking over the ferry route Helsingør-Helsingborg including the five vessels operating the line. The contract with First State Investments became effective retroactively as of 1 January 2015.In connection with the closing of the sales…
AL Heavy Lift's Frauke has completed a six-month project transporting oversize cargoes for a West African offshore development.Two empty carousels - each measuring 12 m high by 26 m wide and tipping the scales at 620 tonnes - were loaded…
MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China State Shipbuilding Corporation (CSSC) at a ceremony in Beijing on February 2, 2015. The agreement runs for the next 10 years and covers the production of low-speed engines at CSSC affiliates: CSSC – MES Diesel Co…
Scorpio Tankers Inc. today took delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel will begin a voyage for 52 days at approximately $33,500 per day. The Company has also exercised an option to…
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) welcomed its fourth L Class Platform Supply Vessel (PSV), Pacific Liberty at a naming ceremony held in Kyoto, Japan on Tuesday, 3rd February 2015. The naming ceremony…
Inmarsat has announced the successful launch of their second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan yesterday (Sunday 1 February) at 12:31 GMT…
Julian Metherell has informed the board of Directors of Genel Energy plc of his intention to retire from the Company, with effect from the close of the Annual General Meeting on 21st April 2015. Julian Metherell's successor as Chief Financial Officer will be Ben Monaghan…
Mitsui O.S.K. Lines, Ltd., today announced the delivery of the LNG carrier Papua by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on January 30. The Papua is the first in a series of four ships to be built by Hudong to provide LNG…
The insurance and certification requirements of the Convention on the Removal of Wrecks become effective this April. In this connection, the Danish Maritime Authority has a request for Danish companies and shipowners.Therefore new regulations…
The American Association of Port Authorities (AAPA), the recognized and authoritative voice of the seaport industry, yesterday noted some positive aspects but mostly disappointment over the funding levels and programmatic changes in federal…
EnQuest PLC announced today that it has exited from its small investment in Tunisia.In May 2013, EnQuest announced an agreement to acquire interests in the Didon producing oil field and the Zarat permit, from PA Resources AB and certain of its subsidiaries (‘PAR’)…
