Greek shipping company Tsakos Energy Navigation (TEN) announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major.The time charter equivalent revenues from these two fixtures…
U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent…
Lagardère Travel Retail has appointed GAC Dubai’s Contract Logistics team to handle a range of goods sold at Duty Free retail stores at airports in Saudi Arabia and the future Abu Dhabi Midfield Terminal Complex (MTC).Under the multi-year agreement signed by the two companies commencing March 1st…
West Coast U.S. shipbuilding and repair powerhouse Vigor has selected a Vancouver, Washington site to be the home for its new all-aluminum fabrication facility.With a nearly billion dollar contract in its hip pocket to build the U.S. Army’s new landing craft over the next 10 years…
The United States Navy awarded Huntington Ingalls Industries’ Newport News Shipbuilding a contract for two aircraft carriers, the first of its kind since the 1980s.A notification from the office of the navy chief of information said that the…
U.S. President Donald Trump said on Thursday he thinks the United States will be able to strike a deal with China, as Chinese Vice Premier Liu He visits Washington for trade talks in a bid to ease tensions between the two economies.Reporting by Steve Holland
International Transport Intermediaries Club (ITIC) produced an e-learning video for ship agents on the use of ‘switch bills of lading,’ a second sets of bills used as a substitute for the original bills of lading issued at time of shipment.ITIC legal advisor Mark Brattman said…
Norway-based TTS Group ASA, a global provider of handling solutions and access systems and services for the marine and offshore industries, has been awarded a contract for sideloading systems for Norway-based expedition cruise operator Hurtigruten…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite, for a period of minimum 14 months to maximum 17 months…
Envirocleanse is billed as the first approved BWTS to treat during voyage: No Filter, No Change to port activities, The highest confidence of compliance with the least impact to vessel operations.Envirocleanse LLC, division of Charter Brokerage LLC…
British businesses implored politicians on Monday to stop quarrelling over Brexit and agree an orderly exit from the European Union, as some big firms set up emergency situations rooms to cope with the possible tumult of a no-deal divorce.With…
CMA CGM launches 30 Sfr/shr tender offer for CEVA shares; CEVA recommends shareholders decline the offer.ZURICH, Jan 28 (Reuters) - French shipping company CMA CGM on Monday formally launched a cash offer to buy out other shareholders of Ceva Logistics…
Finnish technology giant in the marine and energy markets Wärtsilä Oyj announced that it has recently been awarded a number of contracts to supply its Aquarius UV Ballast Water Management System (BWMS) to global shipping operators.According…
Dubai's DP World will spend at least $250 million buying back some shares in its Australian port terminals business which it sold in 2010, a company spokeswoman said on Wednesday.DP World will buy the shares from Corsair Infrastructure Partners'…
The Port of Rotterdam Authority and Rotterdam Port Promotion Council (RPPC) will once again be prolonging their partnership for another four-year term.Port Authority CEO Allard Castelein said: “We have been working together for many years. Time and time again…
