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Russian, Azerbaijani Navy to Hold First Ever Joint Drills in Caspian Sea

May 23, 2015

About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District.  'The military officials of the countries reached…

Mobil Says Oil Discovery off Guyana is 'Significant'

May 23, 2015

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.   The discovery could put Guyana on oil and gas Map and the country could become a player in the oil marketplace…

India-ASEAN Naval Cooperation On

May 23, 2015

The Indian Navy's indigenous offshore patrol vessel, INS Saryu, will participate in a week-long ASEAN Regional Forum (ARF) Disaster Relief Exercise (DiREx). According to an official statement, the vessel is commanded by Cdr Sreekumar Pillai and operates under the Andaman and Nicobar Command…

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

May 23, 2015

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents. The results topped Wall Street expectations…

Egypt's $3 Bln LNG tender in June

May 23, 2015

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports. The country recently secured 90 cargoes of the liquefied natural gas, majority of which came through a $2…

Celebration, Policy Reform on National Maritime Day

May 22, 2015

The Chamber of Marine Commerce today joins governments, policymakers, industry and the general public in celebrating the nation’s merchant marine industry, but also urges reforms to ensure greater industrial competitiveness, jobs and prosperity…

Protea to Launch Heavy-Lift Cranes at Nor-Shipping

May 22, 2015

Protea, a global manufacturer of offshore handling equipment, will launch two types of heavy lift cranes at Nor-Shipping 2015 in Oslo, June 2-5.Tomasz Paszkiewicz, Protea’s CEO, said, “The target of any marine crane design is to provide high lifting performance whilst minimizing overall weight…

Sixteen NROTC Cadets Commissioned as Naval Officers

May 22, 2015

The State University of New York (SUNY) Maritime College Naval Reserve Officer Training Corp (NROTC) unit recently celebrated the commissioning of 16 new naval officers, during a ceremony held in the St. Mary’s Pentagon, Fort Schuyler, on the SUNY Maritime campus…

WCI Applauds Increased USACE Funding

May 22, 2015

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee Chairman Lamar Alexander (R-TN) for the 26-4 vote approving the FY 2016 appropriations bill that increases funding for the U…

New Chief Representative for Dan-Bunkering

May 22, 2015

Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that as of May 1, 2015 Alex Qin has taken up the position of Chief Representative at the office in Shanghai. Qin started as a Bunker Trader at the company’s head office in Middelfart…

MPC Honors Crowley for Tank Vessel Safety

May 22, 2015

Crowley Maritime Corporation’s petroleum services division has once again been honored by Marathon Petroleum Company (MPC) with its annual Elite Vessel Award, which is given to tank vessel operators who demonstrate commitment to safety, environmental stewardship and operational excellence…

Port Long Beach Prepares Future Leaders

May 22, 2015

Scholars, interns and externs gather for education celebration On Wednesday, May 20, the Port of Long Beach hosted Celebrating Education, an event that brought together students, teachers, public officials and business executives to highlight…

Inmarsat 3rd Global Xpress Satellite's Launch Delayed

May 22, 2015

Inmarsat has provided an initial update on the launch schedule for Inmarsat-5 F3 (I-5 F3) following the failure of the preceding Proton Breeze M launch from the Baikonur Cosmodrome in Kazakhstan on Saturday 16 May.According to an announcement by Inmarsat’s launch partner…

Two ASC Kalmar Cranes for DP World Brisbane

May 22, 2015

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.   The cranes will join a fleet of 14 Kalmar ASCs at Fisherman Islands Terminal…

DP World Extends Title Sponsorship Until 2020

May 22, 2015

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will continue to be the title sponsor of the DP World Tour Championship, the season ending tournament of The Race to Dubai…

Logistics News

Singapore Opens Applications for Additional LNG Bunkering Licenses

Singapore Opens Applications for Additional LNG Bunkering Licenses

Konecranes Receives $49.7m Portal Jib Order from the US Navy

Konecranes Receives $49.7m Portal Jib Order from the US Navy

Genco Rejects Diana Shipping Offer

Genco Rejects Diana Shipping Offer

EU Backs Øresund CCUS Cross-Border Scheme

EU Backs Øresund CCUS Cross-Border Scheme

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