Contracts News

 

Port of Kiel Cruise Numbers up 33.6%

Oct 11, 2019

The visit of the cruise ship AIDAprima on Saturday, October 12, marked the end of the oceangoing cruise season in Kiel, and what a season it was with ship visits and passenger numbers up over 2018.In total the port was visited 174 times (2018…

DSC Dredge Wins USACE Dredge Bid

Oct 11, 2019

DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate out of Astara…

U.S. Sanctions Bite; Traders Shun 300 Tankers

Oct 11, 2019

Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.The move has taken roughly 3% of the global oil tanker fleet out of the market…

CNOOC Seeks Replacements for Sanctioned COSCO LNG Tankers

Oct 11, 2019

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company…

U.S. Sanctions Deal Blow to LSFO for 'IMO 2020'

Oct 11, 2019

Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet…

MISC Secures ExxonMobil LNG Tanker Contract

Oct 10, 2019

MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers…

Greece Trims Piraeus Port investment plan

Oct 10, 2019

Greece has trimmed an investment plan by Piraeus Port Authority (PPA) to boost operations at one of Europe's largest harbours, rejecting proposals for a new container terminal.PPA, majority owned by China's COSCO Shipping , had submitted to Greece's shipping ministry an 800-million-euro plan…

ICE Reports Milestone Trading of LNG Contracts

Oct 09, 2019

Intercontinental Exchange, operator of global exchanges and clearing houses and provider of data and listings services,  reported new milestones in the trading of the TTF natural gas and JKM LNG (Platts) contracts.In September, TTF Futures and…

Bourbon Receives Takeover Offer

Oct 09, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets.'As part of the reorganization proceedings opened since August 7…

UK-bound Trucks at Risk after Brexit - DTA

Oct 09, 2019

Almost a third of companies who ship goods to Britain through the Netherlands have failed to complete the necessary paperwork for their trucks to embark on ferries after Brexit, the Dutch transport association TLN said on Wednesday.'The registration is absolutely necessary…

Fire Ranger, Resolve Team Up on Fire Safety Training

Oct 08, 2019

Fire Ranger and Resolve Maritime Academy Announce Partnership Aligning Live-Action Training with State-of-the-Art Fire Safety Equipment and Services.September 2019, Fort Lauderdale FL, Fire Ranger, a leading supplier of fire safety equipment…

China to U.S.: Remove Sanctions on Chinese Firms

Oct 08, 2019

China strongly urges the U.S. to remove sanctions on Chinese firms and will take any necessary measures to firmly protect its own interests, China's commerce ministry said in a statement late on Tuesday.The U.S. government on Monday expanded…

Marlink ITLink for J. Lauritzen Gas Carriers

Oct 08, 2019

Danish shipping company J. Lauritzen has selected Marlink to deploy fully integrated and managed IT services on all Lauritzen Kosan managed gas carriers. The solution will be based on Marlink’s ITLink portfolio, with the KeepUp@Sea platform enabling automation of software and security updates…

Port Hedland Sept Iron Ore liftings to China Dip

Oct 08, 2019

Iron ore shipments to China from Australia's Port Hedland terminal, the world's biggest iron ore port, fell more than 5% in September from a month earlier, port data showed on Tuesday.Shipments to China totalled 36.05 million tonnes in September…

Disruptions to Global Shipping Industry Explained

Oct 08, 2019

Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.WHAT HAS HAPPENED TO SHIPPING RATES?The cost of chartering a supertanker to send…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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