Senior U.S. diplomat brings background in energy, economics to IEA Paul Simons, a senior United States diplomat with a strong background in energy and economic policy, has been selected to be the new Deputy Executive Director of the International Energy Agency…
Cowes Harbour Commission (CHC) has announced the appointment of two new commissioners, Chris Preston and Jonathan Gillespie, and the reappointment of David Riley as a commissioner, for terms of three years from May 1, 2015 to April 30, 2018…
Advanced dynamic positioning (DP) vessels can now meet critical safety regulations while gaining operational flexibility, efficiency and cost savings through new design and monitoring methods.More and more operators are asking their drilling…
BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.The new agreement is…
Many investors are asking questions about the dynamics of the tanker market and asked us to confirm their views on vessel utilisation across the tanker market.This answer is very much linked to how supply and demand balance one another in a bulk tramping market…
Hoofddorp, the Netherlands, 27 April, 2015 – CEVA Logistics, one of the world's leading supply chain companies, today announced the appointment of two senior executives with deep sector-specific operations expertise to further drive its customer-focused Contract Logistics strategy…
Bossier City-Shreveport Navy Week begins April 27 and will continue through May 3.Navy Weeks focus a variety of assets, equipment and personnel on a single city for a week-long series of engagements designed to bring America's Navy closer to the people it protects…
According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets. Floating regasification is a flexible, cost-effective way to receive and process shipments of LNG…
D'Amico International Shipping has ordered two new long range one product tankers, to be built by Vietnam’s Vinashin Shipyard Co for about $44m each. The tankers are expected to be delivered mid-2017. The 75,000-dwt eco-LR1 product tankers will be built in Vietnam by Vinashin Shipyard…
Saudi Global Ports (SGP), a joint-venture company formed between the Public Investment Fund of the Kingdom of Saudi Arabia and PSA International (PSA) has started its commercial operations this month, PSA said.This began at the second container terminal in the King Abdul Aziz Port in Dammam…
Singapore-based port operator PSA Panama International Terminal (PSA Panama) has started a USD 400 million expansion of its container terminal located on the west bank of the Panama Canal Pacific. It has started on the expansion after being granted approval by the National Assembly…
Scorpio Bulkers has agreed to sell two new capesize bulk carriers and an ultramax for a combined $111m to an unknown buyer. The two capes are currently under construction in China and in South Korea, and will be delivered between Q3 2015 and Q2 2016…
Vyborg Shipyard signed a License and Concept Design Agreement with the Finnish engineering company Aker Arctic Technology for two icebreaking support vessels. Two multifunctional diesels-electric- powered icebreakers 22 MW will be built at Vyborg Shipyard by order of LLC Gazprom Neft Novy Port…
Marine works involving dredging operations will be carried out near the Hong Kong Coliseum, Hung Hom for the next ten months, according to mardep.gov.hk. The works will be performed by one grab dredger and one hopper barge. One tug and one workboat will provide assistance…
Chinese island-building efforts in the disputed South China Sea, where airstrips are being built on coral reefs, risk undermining 'peace, security and stability' in the region, bedeviled the Asian leaders warned at a regional summit.According to a Reuters report…
