The Port of Texas City said on Saturday it expects to reopen within 24 to 48 hours after completing an assessment for damages after Tropical Storm Harvey made landfall as a category 4 hurricane. The port was closed on Friday for maritime operations…
A dry cargo vessel broke in two in the Black Sea off Turkey's northwest coast, television images showed early on Sunday, while the 11-man crew was rescued.Mongolian flag carrying Leonardo, a 114-meter-long dry cargo ship, started buckling…
Major Qatari shipping conglomerate Qatar Navigation (Milaha) is launching a direct service between Qatar and Karachi in Pakistan, the company said on Sunday, as it seeks to counter economic sanctions against Doha by other Arab States. Saudi Arabia…
The Port of Corpus Christi has begun its recovery efforts after initial assessments show light to moderate damage and debris from the impact of Harvey, which hit the major port as a Category 4 hurricane, the port director said on Sunday. 'We…
India's Adani Enterprises said on Monday it plans to begin work in October to build the controversial Carmichael coal project in Australia, aiming to make its first shipment in March 2020. The company said accommodation at the Carmichael camp reopened last week…
The National Shipping Company of Saudi Arabia (Bahri) announces that its subsidiary Bahri Dry Bulk Company (owned 60% by Bahri) (BDB) has signed contracts with Hyundai Heavy Industries (HHI) to build 4 bulk carriers. These carriers will be delivered during the first half of 2020…
South Korean shipyards are still struggling to cut costs through unpaid leave for their workers and shutting down dry docks idled amid a lack of orders, Yonhap reported quoting industry sources. The report said that for decades, the shipbuilding…
Oil tanker Kamome Victoria that ran aground in a shipping channel between New York and New Jersey has been cleared to depart after it passed inspections, the U.S. Coast Guard said. According to AP report, the product tanker was carrying 373…
Canada Steamship Lines welcomed M.V. Ferbec, a 49,502 DWT conventional geared bulk carrier equipped with four cranes and grabs, which is now fully operational in the Gulf of Saint Lawrence. The vessel, which previously operated in CSL’s Australian fleet as CSL Melbourne…
BW Offshore, a leading global provider of floating production services to the oil and gas industry, announced the sail away of the FPSO BW Catcher. The vessel has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea…
The Board of Directors of Petroleum Geo-Services ASA (PGS) has appointed Rune Olav Pedersen (47) as the new President & CEO of the Company. He will succeed Jon Erik Reinhardsen on 1 September 2017. 'The Board has run a thorough succession process since early spring…
Korea Maritime Promotion Corporation (KMPC), a dedicated support organization for the shipping industry, will be established in Busan in June of next year with capital of 5 trillion won (US$4.5 billion), reported BusinessKorea. KMPC is set to offer financial and industrial policy support…
Capital Product Partners, an international diversified shipping company, announced that it has secured new time charter employment for three Medium Range (MR) Product Tankers. The M/T 'Amadeus' (50,108 dwt, IMO II/III Eco Chemical/Product Tanker built 2015…
Marlins, V.Group’s training business, has approved two new test centres in Panama and Ethiopia. The test centre in Panama is the first Marlins approved test centre in Central America. The centres – E4Seafarers in Panama and Andromeda Marine…
Brazilian authorities plan to implement legislation to help prevent that vessels owned by exporters such as Petrobras and Vale wind up on South Asia's beaching yards, Bloomberg reported. The report said that earlier this month, authorities…