Over the last six months, Stena Bulk has expanded its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers: SKS Skeena, Istanbul, Almi Galaxy, Almi Voyager and Almi Sky. The TC in fleet consists of modern tonnage of varying length and with different options…
Dorian LPG confirmed that Oslo-based BW LPG BW LPG has submitted the names of three director candidates to stand for election at Dorian's 2018 Annual General Meeting of Shareholders. Dorian LPG, is a fully-integrated liquefied petroleum gas…
The international provider of offshore contract drilling services for oil and gas wells Transocean announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing…
NYK Auto Logistics India (NALI), an NYK Group company, signed an agreement with Adani Logistics(ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.The automotive production volume is expected to further increase in India…
The Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector based on competitiveness…
Scorpio Tankers announced that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St. Charles, STI Yorkville, STI Mayfair and STI Duchessa) and one LR2 product tanker (STI Alexis) to an international financial institution…
Roads around the New York metro area, and up and down many parts of the East Coast, are increasingly congested. The congestion increases air pollution, leads to poor roads, and slows the flow of people and goods throughout the region.On September 27…
The European Commission will this week unveil its proposed provisional 'safeguard' measures to limit steel imports in response to the imposition of 25 percent tariffs on steel imports by the United States.The European Union fears that the U…
Brazil's federal police sought to arrest some 64 people on Tuesday as part of a cargo theft investigation, police said in a statement, as Latin America's largest economy seeks to gain control over its increasingly insecure highways.The operation…
Shipments of iron ore on the Great Lakes totaled 6.1 million tons in June, an increase of roughly one load in a 1,000-foot-long U.S.-flag freighter, the Lake Carriers’ Association reported. Shipments were 8.7 percent ahead of the month’s five-year average…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday, propelled by strong demand for capesize vessels.The overall index, which factors in rates for capesize…
Yilport Holding has submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of Yilport Holding to operate the…
It took British Maritime Minister Nusrat Ghani just one go to activate the mechanism that sent a big champagne bottle crashing against the massive sidewall of the “Afif”. This marked the official naming of the 15,000 TEU container ship on 16 July 2018…
Royal Boskalis Westminster N.V. (Boskalis) has acquired a sizable logistical management transport contract and has received a letter of award for the transport and float-over installation of an offshore platform with a combined contract value of approximately USD 65 million…
The Papeete Port Authority (PAP) is entering the smart port era with Ci5, a Cargo Intelligent System for goods flow management. This decision was made last March following a request for proposals launched in 2017 and after the opinion issued…