Sales of marine fuels in Singapore fell to a two-month low in August as fewer ships called for refueling at the world's largest bunkering hub, officialdata showed on Thursday.Marine fuel sales last month declined 9.2 percent from a year earlier and 1…
Preparations underway all along the Eastern Seaboard. As Hurricane Florence threatens a wide swath of the U.S. East Coast, the U.S. Navy and Coast Guard are taking no chances as the dangerous storm advances westward. As that happens, most Navy ships are departing ports in Virginia…
Norwegian offshore vessel owner Solstad Farstad has been awarded contact for two of its vessels by French oil major Total Total E&P South Africa.'Total has awarded Solstad a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010…
Russia’s natural gas producer and the operator of the giant Yamal LNG export project Novatek, has signed an agreement of intent with Russian state nuclear firm Rosatom to establish a joint venture (JV).The JV plans to establish a long-term partnership to jointly develop…
Teekay Tankers announced that it has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers, the Whistler Spirit, Blackcomb Spirit, Emerald Spirit, Garibaldi Spirit, Tarbet Spirit and Peak Spirit. The…
Officials from the Italian Port of La Spezia and Contship Italia were in New York City today to discuss new investment in and strategic advantages of this historic port and facilities nestled in the Northwest corner of Italy.The second largest port in Italy…
Sweden's Volvo, the world's second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.Volvo said the truck, which does not have a driver's cab…
Shipping, logistics and marine services provider GAC UK has appointed four General Managers to strengthen its core services and commercial focus.“Each of the General Managers brings a wealth of experience to their respective role,” said Herman Jorgensen…
PDVSA expects to reopen the south dock of Venezuela's main oil port Jose by the end of September, easing strains on crude exports delayed due to a tanker collision last month, according to internal trade documents from the state-run oil firm seen by Reuters…
The U.S. Merchant Marine Academy at Kings Point (USMMA) announced today that John R. Ballard, Ph.D., has been named the new Academic Dean and Provost at the federal service academy. In this position, Dr. Ballard will serve as the chief academic…
The North Carolina State Ports Authority continues to closely monitor Hurricane Florence. The Port of Wilmington and the Port of Morehead City are currently at Condition Zulu and closed to all vessel traffic.NC State Ports Authority continues…
As Florence bears down on the North Carolina coastline, the Category 4 storm is being compared to the worst storm ever to hit the Tarheel State - Hurricane Hazel, occurring back in 1954.Hurricane Florence, packing winds of more than 130 mph…
A.P. Moller-Maersk, the world's biggest container shipping group, will add devices to reduce harmful exhaust emissions to some of its ships ahead of new global fuel regulations starting in 2020.To combat air pollution, the International Maritime Organization (IMO)…
BIMCO, the world’s largest international shipping association, issued a stern warning today as once again, the already long list of tariffed goods has been made even longer.Many more commodities were hit on 23 August, but September is likely to dwarf it all…
Russia’s natural gas producer Novatek has signed an agreement of intent on implementing a project for the construction of a marine liquefied natural gas (LNG) transshipment complex in the territory of Kamchatka.PAO Novatek, the Ministry of the…
