U.S. crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.U.S. President…
SeaBird Exploration announced it is in an exclusive process to acquire the seismic vessel Geowave Voyager and certain seismic equipment from Exploration Vessel Resources II AS, a wholly owned subsidiary of CGG S.A., for a cash consideration of $17 million…
DP World threatened legal action against Djibouti after the government of the Horn of Africa nation ended a contract this year with the Dubai-owned firm for running a port facility, the company's spokesman said on Thursday.Djibouti ended the…
Thoresen Thai Agencies Public Company reported the sale of M.V. Thor Enterprise, a general cargo vessel with a rated capacity of 42,529 deadweight ton (DWT) built in 1995. The Vessel was sold to a company which is not a connected person of the Company by Thoresen Shipping Singapore…
Damen Marine Components Netherlands (DMC NL) has laid the first foundations for its new premises in Hardinxveld, the Netherlands. Construction of new buildings reflect growth potential following company merger. With capacity for approximately 80 people…
The major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June, 2018 as against 167.48 Million Tonnes handled during the corresponding period of previous year. For the period from April- June 2018…
Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns? In early June…
The In-transit cold treatment program, that is! The dimensions of The Program are remarkable. The Reefer Shipping Market and Forecast 2017/18 produced by Drewry calculated that 79 percent of perishable cargo moved in refrigerated containers in 2016 and only 21 percent on reefer ships…
As the Port of Long Beach Starts Year-long Freight and electric vehicle (EV) testing, Kalmar’s newest workhorse – the Kalmar Ottawa Electric terminal tractor, T2E – will be doing some of the heavy lifting. As California presses on with state-wide transportation electrification (TE)…
CMR Group, the global Instrumentation Control and Automation specialists on energy, industry and marine, has appointed Zineddine Benhadid to lead its Tunisia manufacturing operation and oversee the development of its activities across the Region…
Singapore has emerged as the world's top maritime center for the fourth consecutive time in the Xinhua-Baltic International Shipping Center Development Index. 'Singapore remains unmoved at the top of the International Shipping Centre Development (ISCD) Index for the fifth successive year…
With industrial output and consumption-driven sectors recovering in H2 FY2018 from the initial lull post GST implementation, the freight demand in India has also reported healthy pickup during the second half of the previous fiscal.“The performance…
In an effort to spur technology-based innovation in the port and maritime environment, the Port of Los Angeles and Port of Antwerp in Belgium are hosting an international “Hackathon.” The technology competition will take place October 11-13…
ZPMC USA is currently working on 25 cranes in nine locations that showcase a broad range of service capabilities.ZPMC USA has hired 50 new employees to support a coast-to-coast workload and its recently added parts division servicing the eastern and southern United States…
An escalating trade war between the United States and some of its major trading partners would impair growth for U.S. airports, toll roads and ports over time if it slows the economy or triggers a recession, Fitch Ratings said on Wednesday.Major…
