Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle.The global shipping company…
Velesto Energy was awarded a RM 101 million (USD 25 million) contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of jack up drilling rig services.Velesto Energy was formerly known as UMW Oil &…
Switzerland based Liebherr Group together with the Norwegian companies OHT, Ulstein Design & Solution BV, DNV-GL as well as Chinese shipyard CMHI are working to manufacture a unique vessel for applications in the wind energy sector, decommissioning…
Shipping conglomerate Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the six months ended June 30, 2018, reporting operating revenues of QAR 1.25 billion for the six months ended June 30, 2018, up from QAR 1.15 billion for the same period in 2017…
A supertanker carrying Saudi Arabian crude has turned around near the Bab El-Mandeb strait, days after the world's top exporter said it was suspending all oil shipments through the strait following an attack by Yemen's Iran-aligned Houthi movement on two other ships…
Women's International Shipping & Trading Association (WISTA) USA Florida Chapter participated in a sea turtle release with the Broward County Sea Turtle Conservation Program (BCSTCP) and Nova Southeastern University (NSU) on July 26, 2018.Forty…
Port Everglades has appointed Robert “Rob” Jenkins to the position of Port Security Manager, a promotion from Security Compliance Manager.In his new position, Jenkins will be responsible for overseeing security and fire rescue operations and management for the Port…
Brazilian infrastructure company Prumo Logistica SA said on Monday that the company will begin construction of its second thermoelectric plant at the Port of Acu in Rio de Janeiro state in 2019.Prumo Chief Executive Jose Magela Bernardes told…
With cruise ships continuing to grow in size to accommodate the 27.2 million passengers expected to cruise across the globe throughout 2018, it is vital that both terminals and berthing vessels are sufficiently protected. Trelleborg’s marine…
On July 24, Damen Shipyards Group signed a contract with Cyprus-based VTS Vasiliko Terminal Services, the supplier of marine services to the Port of Vasiliko and the VTTV Oil Terminal Jetty, for a Damen ASD Tug 2310.Attending the contract signing event was Cyprus’ Minister of Transport Ms…
North Carolina Ports moved a record number of containers through the Port of Wilmington during the 2018 fiscal year, which ended June 30. Wilmington recorded 38 percent year-over-year container growth and year-over-year general cargo growth is up 18 percent…
INTTRA, neutral network, software and information provider at the center of the ocean shipping industry, has announced the addition of Turkon Line, the latest regional carrier to join its rapidly expanding network.Turkon provides shipping services focused on the US…
Shipowners Claims Bureau, Inc. (SCB), the Manager of the American P&I Club, has recently announced a series of appointments designed to service the Club’s growing membership and help fulfil longer-term goals of continued expansion. The American…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, boosted by stronger demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…
Asset quality, size and diversification will determine the success of shipping companies in the next 18 months as higher costs, tighter environmental rules and worsening global trade relations risk offsetting buoyant demand and capacity reductions…
