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$310 Billion 'Energy Efficiency' Market Grows Rapidly

Oct 08, 2014

IEA report sees energy efficiency finance becoming established market segment in its own right ... $310B & Growing Rapidly The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from…

Drifting Fishermen Rescued by MOL LNG Carrier

Oct 08, 2014

Three Castaways Rescued Safely off Indonesia.Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that on October 6, 2014, the MOL-operated/managed LNG carrier Senshu Maru founded drifting castaways in the Celebes Sea off Indonesia…

Global Growth Disappoints, Shipping Remains Challenged

Oct 08, 2014

The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years…

USCG Rescues 4 Near Whittier, Alaska

Oct 08, 2014

The Coast Guard rescued four hunters stranded in Blackstone Bay near Whittier Monday.A 45-foot response boat-medium crew from Station Valdez safely transported the men and towed their skiff to Whittier.Watchstanders at the Sector Anchorage…

ISS Launches Online Relocations Service

Oct 08, 2014

Inchcape Shipping Services has launched a free online relocations quotations service. Accessible through www.iss-worldwidemovers.com and via a new mobile application available to download free from both IOS and Android app stores, this new…

Wärtsilä to Set-up Indonesia's first bio-LNG plant

Oct 08, 2014

Wärtsilä and two Indonesian partners have today signed a joint development agreement with the intention of creating the first ever bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina (Persero), a national energy company…

SHI Wins Order for Arctic Shuttle Tankers

Oct 08, 2014

Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper.  According to sources the order is from Russia’s state shipping firm Sovcomflot. The shuttle tankers will have a capacity of 42…

BV to Operate Single Window in Congo

Oct 08, 2014

The Democratic Republic of the Congo has awarded the consortium Bureau Veritas BIVAC B.V. / Soget, the concession to set up and operate the Single Window for facilitating trade.“This Single Window for international trade facilitation…

Keppel Bags Repeat Orders

Oct 08, 2014

Keppel Offshore & Marine Ltd wholly owned subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd have secured contracts from repeat customers worth a total of S$153 million.Keppel Shipyard's contract is…

Knightsbridge and Golden Ocean to Merge

Oct 08, 2014

Knightsbridge Shipping Limited and Golden Ocean Group Limited have today entered into an agreement and plan of merger pursuant to which the two companies have agreed to merge, with Knightsbridge as the surviving legal entity. The Combined…

5-Star Accreditation for Naval Station Yorktown Galley

Oct 08, 2014

Scudder Hall Galley at Naval Weapons Station Yorktown (WPNSTA Yorktown) was awarded its sixth consecutive 5-Star accreditation, Oct. 2, from Commander, Navy Region Mid-Atlantic (CNRMA). The 5-Star accreditation for food service excellence…

Caterpillar Sponsors 2014 High Horsepower Summit

Oct 08, 2014

Caterpillar Inc. announced its sponsorship of the 2014 High Horsepower Summit (HHP) Summit, now underway in New Orleans, Louisiana. The event is North America’s leading conference on the use of natural gas to fuel high horsepower operations…

EMGS - Fleet Operation for 3Q 2014

Oct 08, 2014

Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…

Shipping Tribune Conclave Saw Strong Industry Participation

Oct 08, 2014

“The Shipping Tribune Conclave 2014” held yesterday at Holiday Inn, Mumbai saw a significantly large participation of stalwarts and operators of the Shipping Industry. Issues which affecting the employment and employability of Indian Seafarers came into focus…

Stop Work Call at Australian Ports

Oct 08, 2014

A 4-hours stop work meeting has been formally notified by the MUA at the PB Towage operations at the ports of Sydney, Brisbane, Melbourne and Newcastle on Friday 10 October.This comes after PB Towage and the respective maritime unions failed…

Logistics News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

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