Stolt-Nielsen Limited and Golar LNG Limited have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution, the companies announced today. Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases…
JP Morgan has hired James Janoskey, Credit Suisse's European Energy Group head, to lead its oil and gas team in Europe, the Middle East and Africa, according to a memo seen by Reuters.Janoskey will join the investment banking division, reporting to Laurence Hollingworth…
USS Rushmore (LSD 47) rendered assistance to 65 people on makeshift bamboo rafts in the waters between the Indonesian islands of Kalimantan and Sulawesi June 10. Shipboard lookouts spotted the distressed persons waving orange and white flags…
The “Rules and Regulations for Construction and Classification of Indian Naval Combatant Ships”, developed by Indian Register of Shipping were formally released by the Chief of the Naval Staff, Admiral RK Dhowan, PVSM, AVSM, YSM, ADC on 09 June 2015…
A shelter-in-place was lifted and the Houston Ship Channel was reopened at 2:08 p.m. Wednesday, after an incident in the upper ship channel that caused the release of as much as 23,000 gallons of naphtha (PTN).The Coast Guard, Texas General Land Office…
Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new series of centrifugal chillers, dubbed the 'ETI-Z Series,' adopting a new refrigerant, HFO-1233zd(E), that offers outstanding environmental compatibility. The various models in the…
The Port Authority of New South Wales (NSW) has issued advice about the Consultation Draft of a new regulation requiring cruise ships to use low sulphur diesel fuel (sulphur content of 0.1% or less) from 1 October.If the regulation is passed…
PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate…
The Australian Maritime Safety Authority (AMSA) has prosecuted two shipping companies and their masters for two separate marine pollution incidents within the Great Barrier Reef.Tokyo based Perses Maritima Ltd and the master of its Japan…
MSC has announced plans to optimise all of its Asia-Europe services. The changes, which will be implemented progressively over the coming months will include: port combinations, vessel rotations and capacity deployment.Since the launch of the new Asia – Europe network in January 2015…
Singapore-headquartered anti-piracy watchdog ReCAAP Information Sharing Centre (ReCAAP ISC) posted a 19% increase in the number of reported incidents to 20 cases in May 2015 as compared with April 2015. Among 20 incidents were reported in Asia…
From January 2015 till May 2015, a total of 80 incidents had been reported, comprising 75 actual incidents and five attempted incidents, says Information Sharing Centre (ReCAAP ISC). This accounts for an increase of 19% in the number of incidents compared to the same period in 2014…
The second stage of Russia-China 'Joint Sea 2015' maritime exercises are taking place on June 8-11 in Russia’s Far Eastern Primorsky Territory, according to a statement from the Russian Defense Ministry’s Eastern Military District press service…
Norwegian consulting firm Menon has named Singapore as the world's leading maritime city, according to a Menon Business Economics Group survey. Singapore ranks first based on its business friendly policies, and strategic location on the trade route between Europe and Asia…
The governments of Indonesia and Panama have explored cooperation in the field of maritime affairs, reports the Jakarta Post. The cooperation in maritime affairs especially regarding the management of seaports include vessel registration…
