Global commodities trader Trafigura has applied to build a deep water port in Texas, United States, that would be able to load supertankers, the company said on Monday, supplying badly needed oil export infrastructure to the country.The company…
Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb.Saudi Arabia halted temporarily oil shipments through the lane on July 25 after attacks on two oil tankers by Yemen's Iran-aligned Houthi movement…
Seafarers’ House has announced that Peggy Nordeen, CEO of Starmark International, Inc. has been selected as Seafarers’ House 2018 South Florida Business Leader of the Year.Nordeen will be honored at the 23rd Annual South Florida Business Leaders’…
Water levels on the Rhine and Danube in Germany remain low as a drought and heatwave continues and freight vessels cannot sail fully loaded on the rivers, traders said on Monday.The Rhine is too shallow for normal sailings from Duisburg to southern Germany…
Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking relief from damages incurred through the bunkering of off-spec fuel oil in 2016, reports Arabian Industry…
DP World, the fourth biggest port operator globally, issued a response saying Djibouti’s refusal to acknowledge a London Court of International Arbitration ruling demonstrates that the government did not “recognize the international rule of law…
Even as the work on the development of Jal Marg Vikas Project (JMVP) on River Ganga is going on in full steam, a team of Inland Waterways Authority of India (IWAI) held a two day long intensive advocacy and communications outreach at Sahibganj and Rajmahal in Jharkhand…
Ocean Network Express East Asia (ONE EA) has celebrated the maiden voyage of the second of a series of seven 14,000 TEU-class magenta containership of the company, ONE MINATO at Yantian International Container Terminals Limited (YICT).Sailed under the flag of Japan…
The new CEO of the Port of Newcastle, Craig Carmody, committed the Port of Newcastle to developing a world-class container terminal to boost jobs and business opportunities in the Hunter region and dramatically reduce the number of trucks on…
Volvo Penta is enhancing its Dynamic Positioning System to include Repositioning functionality, meaning boaters will be able to make minor alterations to their vessel’s position with a simple tap of the joystick.The feature is the latest element of the company’s Dynamic Positioning System (DPS)…
Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry…
The BIMCO President, Anastasios Papagiannopoulos and European Community Shipowners’ Associations (ECSA) President, Panos Laskarides met in Athens recently to discuss areas of cooperation and further alignment between the two leading associations…
Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9. The FSRU is scheduled to be delivered in the fourth quarter of 2018. The facility…
Thun Tankers will strengthen the existing fleet with m/t Wisby Teak, said a press release from the company.The Wisby Tanker owned vessel will enter the Gothia Tanker Alliancea leading European tanker network for coastal tankers, with immediate effect and be commercially managed by Thun Tankers…
Mitsui E&S Shipbuilding (MES-S), Mitsui O.S.K. Lines (MOL), Tokyo University of Marine Science and Technology (TUMST), Akishima Laboratories (Mitsui Zosen) announced that on July 25, their proposed joint demonstration project related to the…
