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Dorian LPG to Repower Up to 10 VLGCs

May 04, 2018

Ship owner Dorian LPG Ltd. said it will look to upgrade the main engines of up to 10 of its very large gas carriers (VLGCs) to dual fuel technology utilizing liquefied petroleum gas (LPG) as fuel.The ship owner has entered into a memorandum…

US Training Ship to Aid Puerto Rico Recovery

May 04, 2018

More than 400 SUNY Maritime College students and others this summer will spend three days assisting ongoing hurricane recovery efforts in San Juan, Puerto Rico, during the college’s annual summer sea term onboard Training Ship Empire State VI…

Floating Docks Arrive at Damen's Curaçao Yard

May 04, 2018

Two floating docks have completed their 26-day voyage across the North Atlantic to Damen Shiprepair Curaçao (DSCu) in the southern Caribbean.The larger of the two is a Panamax-class dock measuring 230 meters by 45 meters for tankers, containerships and other large vessels…

USCG Restores Radio Communications Along NC Coast

May 04, 2018

U.S. Coast Guard Sector North Carolina has restored radio communication capability Friday.Repairs were completed at approximately 4 a.m. after communications went down Thursday evening, leaving the Coast Guard unable to monitor radio traffic…

Caterpillar Names Bonfield CFO

May 04, 2018

Caterpillar Inc. announced today its board of directors has appointed Andrew Bonfield as chief financial officer (CFO) effective September 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective May 4, 2018.Bonfield…

Subsea 7 Withdraws Bid for McDermott

May 04, 2018

Subsea 7 S.A. announced that it had taken note of McDermott International shareholders' vote in favor of a combination with Chicago Bridge & Iron Co (CB&I).In light of this vote, Subsea 7 confirms that the proposal made to McDermott's Board…

Nordic American Tankers to Sell Tanker Pair

May 03, 2018

Bermuda-based Nordic American Tankers (NAT) is planning to sell two of its older suezmaxes, thus reducing its fleet size to 31 tanker vessels.  NAT described the move as a means of “retaining the flexibility of NAT going forward”. 'We…

First LNG Transhipment at Zeebrugge Terminal

May 03, 2018

For the first time liquefied natural gas from Sabetta on the Siberian peninsula Yamal, was transhipped simultaneously in Zeebrugge from an ice class vessel (ARC7) into a conventional LNG carrier for further transport to Asia on May 01 Tuesday…

Top Ships Extends Time Charter of M/T Eco Fleet

May 03, 2018

Top Ships, an international owner and operator of modern, fuel efficient 'ECO' tanker vessels focusing on the transportation of petroleum products, announced that it has extended the firm period of the time charter of M/T Eco Fleet with BP Shipping Limited for six months…

Amsterdam Port Becoming a Smart Global Hub

May 03, 2018

The growing number of construction projects in the Greater Amsterdam Area has created a need for a smart and efficient method for transporting materials to building sites.  In an effort to meet this demand, the City of Amsterdam, Port of Amsterdam…

South Asia Gateway Terminal Welcomes ONE Service

May 03, 2018

Singapore-based Ocean Network Express (ONE) has introduced its new EC5 route calling at the Port of Colombo, Sri Lanka. Headquartered in Singapore, Ocean Network Express was established on July 7, 2017 through the integration of 'K' Line…

Teekay Offshore CFO Wong to Step Down

May 03, 2018

Teekay Offshore Partners L.P. announced today that David Wong will step down from his position as Chief Financial Officer of Teekay Offshore Group Ltd. to commence a new opportunity outside of the Teekay organization.Wong, who joined Teekay…

Finnlines Orders Three Ro-ro Vessels

May 03, 2018

Finnlines, part of the Grimaldi Group, signed a 200 million euro ($240 million) order for three new ro-ro vessels to be delivered from China’s Jinling Shipyard from 2020-2021.The 17,400 DWT vessels will be 238 meters long and have a cargo capacity of 5…

Weak Currency, Global Trade Jitters Bolster Brazil Soy Exports

May 03, 2018

Brazil's soybean exports hit record volumes last month, grain exporter association Anec said on Thursday, citing a weak domestic currency and trade tensions between the United States and China for bolstering business for local farmers.Brazil's April soybean exports reached 11…

Transnet Chairwoman Resigns

May 03, 2018

The chairwoman of South Africa's state-owned logistics utility Transnet has resigned along with two other board members, the public enterprises ministry said on Thursday.The firm has been accused of irregularities in the awarding of contracts…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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