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Black & Veatch Gets IOC Contract

Jul 10, 2015

Indian Oil Corp. Ltd (IOCL) has awarded KSS Petron India, a Black & Veatch led consortium, a contract for a liquefied natural gas (LNG) receiving terminal at Ennore in the Indian state of Tamil Nadu. Black & Veatch will lead the engineering…

Nigeria, Greece Sign Ship Acquisition Deal

Jul 10, 2015

Nigeria and Greece have signed a deal that will enable Nigerian ship owners to own vessels that would be transferred to them by their Greek counterparts, reports Channels Television.  Nigerian ship owners have reiterated their preparedness…

Proposed UK Non-dom Tax Changes, No Need to Panic

Jul 09, 2015

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens saysShipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been…

Mingde Heavy Restructuring Plan in Doubt

Jul 09, 2015

Nantong Mingde Heavy Industry (NMHI), a subsidiary of the financially troubled shipbuilder Jiangsu Sainty Marine Corporation, has missed the June 26 deadline to submit its restructuring plan to the Nantong People’s court. In other words…

Estonian Port Passenger Number Up in June, Cargo Volume Down

Jul 09, 2015

The ports of the Estonian state-owned port operator Tallinna Sadam (Port of Tallinn) handled in June 1.68 million tonnes of cargo and serviced 1,045,461 passengers. Compared to the same period last year, the cargo volume dropped by 25% while the number of passengers was by 1…

TS Lines Orders Two Box Ships from CSBC

Jul 09, 2015

T.S. Lines has placed an order with Taiwan's CSBC Corp for two containerships with capacities of 1,800 TEUs, with an option for an additional two similar units. The price the Taiwanese carrier paid for the new vessels, which are set for delivery in the second half of 2017…

Mersey Maritime, Maritime London Discuss Collaboration

Jul 08, 2015

Mersey Maritime has hosted a visit by Maritime London as part of an initiative to develop ways in which the two bodies can encourage maritime organizations to work more closely together.Maritime London Chairman Alderman the Lord Mountevans of Chelsea…

Thailand $1 bln Submarine Deal with China

Jul 08, 2015

Thailand’s navy has approved a 36 billion baht ($1.1 billion) plan to buy three submarines from China, reports local media. Royal Thai navy officials selected China over competing bids from Russia, Sweden, France, Germany and South Korea.  Leading…

Rohde Nielsen Bags Port Tauranga Dredging Contract

Jul 08, 2015

Danish dredging company Rohde Nielsen has won the tender to complete dredging at the Port of Tauranga, New Zealand's largest port company. The capital dredging program to deepen the Port of Tauranga to take the next generation of containerships…

Inauguration of Jimmie H. Hobaugh Community Center

Jul 08, 2015

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today the completion of the Captain Jimmie H. Hobaugh Coast Guard Community Center. The…

ShipServ Scales New Heights for Heart Research UK

Jul 07, 2015

An 11 strong team from ShipServ, a  leading maritime e-marketplace, has raised $6,616 for charity Heart Research UK by scaling three mountains in the Yorkshire Dales National Park in only 13 hours. CEO Paul Ostergaard and ten colleagues climbed a total of 1…

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Jul 07, 2015

Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Mitsubishi Heavy Industries Pvt Ltd (MHI) of Japan. 'We have received an EPC (engineering…

GAIL to Offer Sops for Foreign Shipbuilders

Jul 07, 2015

GAIL India will offer foreign shipbuilders five years to make liquefied natural gas (LNG) carriers in India, double the time allowed to deliver ships from their home shipyards, reports Economic Times.  Report says that the company is insisting…

Impact of Financial Crisis on Greek Shipping

Jul 07, 2015

Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.S. stock exchanges sank on Monday. Greeks have said No to austerity terms imposed by international creditors…

Ghanaian Students Benefitting from Scholarship Programs

Jul 06, 2015

Two Robert Gordon University (RGU) postgraduate students are reaping the benefits of international scholarship schemes which will boost their career prospects.Ghanaians Justice Ngoah (27) and Eugene Yeboah (29) have joined RGU for a years’ scholarship program…

Logistics News

Virgin Voyages Now Sailing from Port of Los Angeles

Virgin Voyages Now Sailing from Port of Los Angeles

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

DP World, Ichijo Komuten Expand Japan-Philippines Shipping Route

DP World, Ichijo Komuten Expand Japan-Philippines Shipping Route

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