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Investors Enthusiasm in Cochin Shipyard

Aug 11, 2017

Indian government is committed for infrastructure development and the track record of last three years has increased the faith of the investors which has resulted in 76 times oversubscription of IPO of Cochin Shipyard (CSL), a government flagship company…

Canada Orders Ships to Reduce Speed to Prevent Whale Deaths

Aug 11, 2017

Certain ships are being ordered to reduce speed because of the deaths of at least 10 North Atlantic right whales in Canada's Gulf of St Lawrence during the past two months, the government said on Friday. The deaths have made 2017 the deadliest…

SM Line Joins INTTRA Network

Aug 11, 2017

INTTRA, the ocean container shipping industry electronic transaction platform and information provider, and container shipping provider SM Line announced an agreement that will expand INTTRA's reach in Korea and globally, while offering SM Line an advanced network to create value for its customers…

Cargo Surge Lifts Port of Long Beach to Record Month

Aug 11, 2017

July’s surging cargo volumes set a record for the Port of Long Beach’s best month its 106-year history, surpassing the previous high mark set in August 2015 for the number of containers moved across its docks.With total volume of 720,312 twenty-foot-equivalent units (TEUs) in July…

DOT Recommends FASTLANE Grant for Port of Indiana-Burns Harbor

Aug 11, 2017

U.S grant funds will support $19.7 million expansion of port's multimodal infrastructure The U.S. Department of Transportation (DOT) has recommended to Congress that the Port of Indiana-Burns Harbor receive one of 10 FASTLANE small project grants for 2017…

Port Canaveral Hosts Briefing on LNG as Maritime Fuel

Aug 11, 2017

“We know that natural gas is one of the cleanest, most environmentally-friendly fuels available today,” said Capt. John Murray, CEO at Port Canaveral, who recently hosted a briefing on the use of liquefied natural gas (LNG) as a maritime transportation fuel…

V.Group Acquires Graig Ship Management

Aug 11, 2017

Marine and offshore vessel management and support services provider V.Group said it has acquired Graig Ship Management Ltd, part of Graig Shipping PLC, which has developed a reputation for new build supervision and ship management of dry bulk vessels…

Damen Stock Tugs Shipped to Rotterdam

Aug 11, 2017

Shipbuilder Damen said its latest transport of newbuild vessels has arrived in the Port of Rotterdam in the Netherlands. The multiple vessel shipment carried on board the SAL Heavy Lift vessel MV Lone comprises various Damen Tugs and one Multi…

CSS Earns QHSE Certifications for Crewing Services

Aug 11, 2017

Offshore and maritime recruitment company CSS Limited said it received certification in a further two internationally recognized QHSE standards: Environmental, ISO 14001:2015 and Occupational Health and Safety, OHSAS 18001:2007. (CSS Limited)…

Baltic Index Rallies as Larger Vessel Rates Surge

Aug 11, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, jumped more than 4 percent on Friday as demand for capesize and panamax vessels remained strong.The overall index, which factors in rates for capesize…

Cruise Season Peaks in Kiel

Aug 11, 2017

Kiel is expecting a quadruple climax to its cruise shipping season on Saturday, August 12th, when four cruise ships will arrive in the port at the same time, in addition to the Baltic ferries of Color Line, Stena Line and DFDS.In the wake of the “AIDAvita” and “AIDAluna”…

Two AIDA Ships to Participate in German Maritime Festival

Aug 11, 2017

For the fourth time in a row, AIDA Cruises has agreed to sponsor a ship for one of these major public attractions of one of Germany’s biggest maritime festivals. Thanks to the support of the cruise company based in Rostock, the venerable Russian…

Ecochlor BWTS Receives USCG Type Approval

Aug 10, 2017

Ecochlor's patented BWTS has received USCG Type Approval. The Ecochlor BWTS uses a two-step process that includes filtration and treatment with chlorine dioxide (ClO2). It is completely effective on all aquatic invasive species regardless of water turbidity…

US LNG Exports to Increase: EIA

Aug 10, 2017

U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017.  The U.S. has been a net exporter for three of the past four months and…

Euronav Responses to a Weaker Tanker Market

Aug 10, 2017

The Belgium-based  crude oil tanker company Euronav has taken affirmative action in response to a weaker tanker background, said a press statement from the company. The Company has a strong balance sheet with low leverage and access to…

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Edison Receives First Delivery of US LNG From Venture Global

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Alstom confirms that talks are ongoing about the Channel Tunnel trains but says there has been no agreement yet
Sources: TenneT is in talks to sell a stake of up to 13 billion dollars in its German unit to funds.
New Fortress Energy reports a quarterly loss due to weak performance across all segments