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WGMA Urges Participation in Menhaden Survey

Jul 30, 2015

The West Gulf Maritime Association (WGMA) is urging its members with ships arriving at any port in the western US Gulf to participate in the Menhaden survey.The annual Menhaden spawn (typically April through October) has created challenges for ships transiting local waterways…

South Korea Okays Casinos on Cruise Ships

Jul 30, 2015

South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but…

India Delays 24 LNG Shiploads from Qatar

Jul 30, 2015

India has deferred taking deliveries of at least 20 shiploads of expensive liquefied natural gas (LNG) from its main supplier Qatar and wants a rate cut matching the 60 per cent fall in international rates, as global gas prices slumped, reports Reuters…

Super Yachts Give Boost to NZ Economy

Jul 30, 2015

New Zealand Customs Minister Nicky Wagner says mid-winter marks the end of another successful yacht season, with many of the remaining international yachts departing at the end of last month. '57 superyachts visited between April 2014 and March 2015…

Sembcorp Marine Posts 17% Fall in Q2

Jul 30, 2015

Low oil prices and muted sentiment in the industry continued to take a toll on Sembcorp Marine's second-quarter earnings. The rigbuilder has announced that net profit for the three months ended June 30 sank 17 per cent to to $79.58 million (SGD 109 million)…

Matson Pumps $30 Million into Alaska Operations

Jul 29, 2015

Ocean cargo shipper Matson, Inc. said it is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services. The company expects to invest more than $30 million in new equipment planned by Horizon prior to its acquisition…

Japan Seeks Australian Submarine Contract

Jul 29, 2015

Japan will send a high-level delegation to Adelaide for talks on building Australia's next-generation fleet of submarines. A former commander of the Japanese navy will head a 40-strong delegation to Australia next month to negotiate roles for local industry in building submarines…

Davao Sasa Port Modernization Project Attracts 6 Firms

Jul 29, 2015

Six local and foreign firms have expressed interest to construct a modern Davao Sasa Port, the Department of Transportation and Communications (DOTC), Philippines said. The companies that purchased the bid documents include Anflocor, Netherlands-based global operator APMT…

BHP Shedding 100 HQ Jobs Amidst Commodities Rout

Jul 28, 2015

BHP to cut jobs in Melbourne HQ; cuts to be made gradually over 'coming years.'Global mining giant BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices…

NewLead Holdings Announces Commercial Competency of MT Sofia

Jul 28, 2015

NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet.The Sofia is a 2008-built bitumen tanker vessel of 2,888…

MOL's Barge Terminal in Bangkok

Jul 28, 2015

Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Venture Agreement with SahaThai Terminal Co.,Ltd., a container terminal operation company in Thailand, to establish a new barge terminal operation company in Bangkok. The new company…

Carrier for Kansai Electric Power Named LNG FUKUROKUJU

Jul 28, 2015

Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co., Inc. at Sakaide Works of Kawasaki Heavy Industries, Ltd…

Petronas-led Consortium to Start Construction of B.C. LNG terminal Soon

Jul 28, 2015

British Columbia's finance minister Michael de Jong said that the construction of Petroliam Nasional Bhd’s (Petronas) $36 billion liquefied natural gas (LNG) export terminal project in Canada is expected to start in September. “We are awaiting the final environmental certificate…

Red Ensign Group Charity Appeal for The Mission to Seafarers

Jul 27, 2015

Six British shipping registers, which work together under the banner the ‘Red Ensign Group’ (REG), will host a shipping reception on Wednesday, September 9 in aid of global maritime welfare charity The Mission to Seafarers.REG is made up from the United Kingdom…

ABB to Increase Norway’s Grid Capacity

Jul 27, 2015

ABB transformer technology supports Norway’s push to increase the volume of clean energy it can transport reliably over its grid using existing transmission corridorsABB, the leading power and automation technology group, has won an order…

Logistics News

Nikkiso Partners Exion Asia to Launch Southeast Asia Marine Hub

Nikkiso Partners Exion Asia to Launch Southeast Asia Marine Hub

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

Petronas-Chartered Tanker Passes Through Hormuz

Petronas-Chartered Tanker Passes Through Hormuz

Ukrainian Drones Sink Russian Cargo Vessel

Ukrainian Drones Sink Russian Cargo Vessel

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