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China to Start Its First Naval Base in Africa

Dec 24, 2015

China is going to build a base in Djibouti, so that will be their first military location in Africa. With the establishment of a base in Djibouti, China joins the global contest for maritime and commercial supremacy, reports Al Jazeera‎. China has long had an economic foothold in Africa…

The Impact of Lower Oil Price on LNG Vessels

Dec 24, 2015

Opec study on the impact of lower oil price assumptions on the penetration of LNG vessels has released. In light of the regulations on sulphur emissions issued by the IMO the prospect of using LNG as an alternative bunker fuel was explored…

LNG-powered Cement Carrier Delivered

Dec 23, 2015

Dutch shipbuilder Ferus Smit announced it has delivered the world’s first LNG-powered cement tanker, MV Greenland. The delivery was preceded by an extensive program of trials and tests in which the proper working and safety of all systems was verified…

KVH Expands mini-VSAT Broadband Network

Dec 23, 2015

Maritime VSAT provider adds more capacity on its satellite network to support customer demand in the North Atlantic, Hudson Bay, the North Sea, and the Mediterranean Sea KVH Industries, Inc. expanded the capacity of its mini-VSAT Broadband network with two upgrades recently…

Second LNG-ready Tanker Delivered to Crowley

Dec 23, 2015

Crowley takes delivery of second of four new LNG-ready Jones Act product tankers from Philly Shipyard, Inc.  Crowley Maritime Corp. has today taken delivery of Texas, the second of four new Jones Act product tankers from Philly Shipyard…

Alaska Awards Fugro for Ice Management

Dec 23, 2015

Alaska Governor Bill Walker announced Fugro as winner of the 2015 Governor’s North Star Award for International Excellence in the category of scientific exchange. The accolade follows the ‘Spotlight on Arctic Technology’ award announced during the annual Arctic Technology Conference last year…

Boskalis, KOTUG Joint Venture Formalized

Dec 23, 2015

KOTUG and Boskalis reach agreement to merge European harbor towage operationsRoyal Boskalis Westminster N.V. and KOTUG International B.V. have reached a formal agreement to merge their European harbor towage operations following on a Memorandum…

IMO Amendments Coming into Force on 1 January

Dec 23, 2015

A number of important amendments to IMO treaties enter into force on 1 January 2016, including new requirements for verification of compliance, making audits mandatory under the IMO Member State Audit Scheme. Other amendments entering…

US West Coast Not Ready for Mega Boxships

Dec 23, 2015

CMA CGM is testing the ability of the U.S. West Coast ports to handle the biggest containerships – are they ready? U.S. West Coast ports are not yet in a position to handle 18,000 teu containerships regularly and have much work to do in…

CMA CGM Buys Additional Shares In NOL from Open Market

Dec 23, 2015

French carrier CMA CGM, which has announced its bid to acquire Neptune Orient Lines for S$3.4bn ($2.4bn) in cash, is slowly building a stake in Neptune Orient Lines (NOL) for less than the price per share it has offered in a planned takeover deal…

Ship Owners to See Reduced P&I Premiums in 2016

Dec 23, 2015

Despite protection and indemnity (P&I) Clubs announcing that they are trying to achieve on average 2% increases in premium, ship owners with good records can look forward to reductions in premiums for P&) insurance at the 2016 renewals, according to Willis Group Holdings…

APM Terminals Gothenburg Welcomes World’s Largest Container Ship

Dec 23, 2015

The MSC Maya, the fourth of 20 Oscar-Class Ultra-Large Container Ships (ULCS), arrived at APM Terminals Gothenburg on December 21 from the Port of Bremerhaven as part of the regular port rotation of the Maersk Line/Mediterranean Shipping Company…

Sinotrans Pacts for Five Yamal LNG Tankers

Dec 23, 2015

Chinese shipping major Sinotrans has signed with Greek shipowner Dynagas and China LNG Shipping (CLNG) for the joint purchase of five Arctic-class LNG carriers from South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The agreement…

European List of Certified Ship Recycling Facilities

Dec 23, 2015

The European Commission has opened the application procedure for the European List of ship recycling facilities last Friday, 18 December. Facilities located outside EU Member States are now invited to submit their applications before 1 July 2016…

China, South Korea Talk on Sea Boundary

Dec 23, 2015

China and South Korea held a key meeting seeking to resolve boundary issues in the Yellow Sea.  The Chinese delegation was led by Vice Foreign Minister Liu Zhenmin while South Korea was represented by 2nd Vice Foreign Minister Cho Tae-yul…

Logistics News

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

Los Angeles Adopts $3.4 Billion Port Budget

Los Angeles Adopts $3.4 Billion Port Budget

Spiridon II Livestock Transport Organizer Due in Court

Spiridon II Livestock Transport Organizer Due in Court

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