U.K. winch manufacturer Romica announced it has appointed three new senior managers to strengthen its services in the marine and offshore industry. Beverley, Yorkshire headquartered Romica is a designer, manufacturer and supplier of lift equipment and winches for use within the offshore…
Trelleborg’s marine systems operation has again supported the U.S. Coast Guard by delivering a third training session in ensuring the safe, secure and clean transportation and use of liquefied gas in U.S. waters. As liquefied gases become a major commodity across the U…
Port of Townsville Limited (POTL) has released the 2015 Annual Seagrass Health Survey carried out in Cleveland Bay during 2015.The survey, commissioned annually since 2007 at a cost of around $70,000 per year, is carried out by James Cook…
OKYO, JAPAN, 16 MAY 2016: As Japan ramps-up its export drive, APL steps in to support Japanese growers and exporters in the exploration of overseas markets for their fresh produce. Through its range of SMART reefer solutions and well-diversified global network…
NYK Libra, a containership operated by NYK Line, recently provided humanitarian assistance to three Ecuadorian fishermen sailing on a small fishing boat that had become lost from its mother boat. The NYK containership was sailing between Callao…
The 10 STS Cranes will be the tallest in service at any American port; new LED lighting on the crane booms will increase visibility while significantly reducing energy consumption, as capabilities expand to meet the needs of larger vessels entering into th global fleet…
EMR, one of the world’s largest metal recycling companies has made a significant commitment to remaining in its existing Tilbury Dock facility. Not only has it just signed a new 25 year lease with the Port of Tilbury, it will be upgrading its…
The crew from the Coast Guard Cutter Morro Bay welcomed Navy Reserve medical units from Akron, Ohio, and Youngstown, Ohio, in Cleveland Sunday. The visit was designed to familiarize the Navy Reservists with shipboard operations.The cutter…
Pharos Offshore strikes a 12-month deal for the former Skandi Inspector Pharos Offshore Group are in the process of mobilising the newly named DP2 Deepsea Worker with a Work Class ROV, an Observation Class ROV and a subsea excavation spread…
BIMCO expects the container shipping fleet to break through the 20 million TEU barrier shortly. 2016 will see the lowest fleet growth rate on record (3.4% expected), but with an estimated net addition of 0.68 million TEU of capacity for the full year…
Beleaguered South Korean shipbuilders's total liabilities as of the end of last year for their 34 overseas affiliated companies have reached 5.3584 trillion won (US$4.65 billion), up 28.7% compared to five years ago, reports BusinessKorea…
Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year. The pure play LNG transportation provider said that an oversupply of shipping in the carrier market…
The Middle-East-focused marine logistics services provider Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of around $236m from a Middle Eastern national oil company. The 10…
Exxon Mobil terminates earlier the West Capella working in Nigeria in the Usan Field. John Fredriksen-backed drilling firm Seadrill Partners LLC has received a notice of termination from Exxon Mobil. In accordance with the cancellation for convenience provisions in the West Capella contract…
The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices…