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Port Infrastructure Projects Underway in Virginia

Jul 22, 2015

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…

Plans to Restore UK Shipbuilding Welcomed by Union Groups

Jul 22, 2015

Reports that businessman Jim McColl, who purchased the Ferguson Marine Yard last year, plans to resurrect commercial shipbuilding on the lower reaches of the Clyde have been welcomed by organizations such as GMB Scotland and the Confederation of Shipbuilding & Engineering Unions (CSEU)…

Debates to Emphasize Seafarers’ Welfare

Jul 22, 2015

Maritime charities unite to highlight seafarers’ rights during London International Shipping Week Four benefiting charities of London International Shipping Week (LISW15) have collaborated to put on an afternoon of debate on the latest issues in maritime welfare…

Halliburton Seen Facing Antitrust Issues on Baker Hughes Deal

Jul 22, 2015

Oilfield services provider Halliburton Co's acquisition of smaller rival Baker Hughes Inc is facing resistance from U.S. regulators who are concerned that the deal could hurt competition, Bloomberg reported. Justice Department lawyers reviewing…

Seatronics Names Group QHSE Coordinator

Jul 22, 2015

Seatronics Ltd. has appointed Joanne Keilloh as the group’s new coordinator for quality, health, safety, environment (QHSE).  Based in Aberdeen, Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company, J2 Subsea…

DHT Holdings Changes Dividend Policy

Jul 22, 2015

Crude oil shipper DHT Holdings, Inc. announced it has changed its policy regarding dividend and capital allocation.As a result of the current tanker market, DHT’s new plan will see the company return at least 60 percent of its ordinary net…

New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving

Jul 22, 2015

Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…

Argentinian Center Installs Engine Room Simulator

Jul 22, 2015

Buenos Aires, Argentina. Transas Marine has delivered its leading Engine Room Simulator ERS 5000 TechSim to the Center for Marine Engineer Officers and Chief Engineers in Buenos Aires, Argentina.The Center for Marine Engineer Officers…

BHP Billiton Injects $240m into Port Hedland

Jul 22, 2015

BHP Billiton has approved $240 million (BHP Billiton share) to purchase six additional tugs and construct a new eight pen Tug Harbour at Hunt Point in the Port Hedland Port.The investment will also include the upgrade of workshop facilities…

Goldenport Sells Thira

Jul 22, 2015

Goldenport Holdings Inc.  the international shipping company that owns and operates a fleet of dry bulk and container  vessels, announces today the sale of a container vessel, 'Thira'.  The Company has agreed the sale of the 1997 built container vessel to an unaffiliated third party…

Piracy Attack on Small Tankers Continues - ICC

Jul 22, 2015

Published today, a new report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlights a continuing trend in South East Asia in the hijacking of small coastal tankers by maritime pirates, averaging one attack every two weeks…

Pipavav Defence Sings Pact with Russian Sub Repairing Firm

Jul 22, 2015

Pipavav Defence & Offshore Engineering Co Ltd (PDOC) has announced a joint venture (JV) with Russia's JSC Ship Repairing Centre Zvyozdochka for medium refits and life certification of eight EKM 877 submarines in the country. This positions…

Devonport Workers Entombed in Submarine Ballast Tank

Jul 22, 2015

A pair of workers were sealed inside the ballast tank of a nuclear submarine in Plymouth, it has emerged, reports BBC. Colleagues had mistakenly sealed the tank at Devonport base in Plymouth, where Britain's nuclear submarines are refitted…

Keppel Signs $684m FLNG Conversion Deal with Golar

Jul 22, 2015

Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works.  The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of…

Ship Crashes into Mansion in the Strait of Istanbul

Jul 22, 2015

Majed and Randy,  Sierra Leone-registered dry cargo ship collided into a Ethem Pertev's water-front mansion located on the Bosporus in Istanbul's Kanlıca neighborhood. Luckily no one was injured in the incident. The accident happened due…

Logistics News

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

François Michel Appointed Chief Executive Officer of the GTT Group

François Michel Appointed Chief Executive Officer of the GTT Group

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

LNG Bunker Vessel Christened

LNG Bunker Vessel Christened

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