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The Economics of Slowing Down Ships

Sep 23, 2014

MarPro crunches the numbers on vessel steaming economics. What should you do? It all depends, says Barry Parker …The topics of fuel efficiency, slow steaming and monetary savings have received tremendous attention from all sectors of the maritime business over the past few years…

Well-Centric Poised for Growth with Mawtus

Sep 23, 2014

Aberdeen-based well maintenance and integrity services business Well-Centric Oilfield Services is looking to significantly expand its footprint in the oil and gas sector with an ambitious North Sea and international strategy to deliver 30% growth year on year…

Charterers Remain Optimistic Despite Small Downturn

Sep 23, 2014

Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. They are, however…

DMCC Employs Zarghamian

Sep 23, 2014

Dan-Bunkering (Middle East) DMCC announced that Sahar Zarghamian joined the company on August 11 in the position of Bunker Trader.Sahar who was born in Iran has been living in different countries over the years. She brings a wealth of experience…

House Introduces Vessel Discharge Legislation

Sep 23, 2014

The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, hailed the House introduction of critical vessel discharge legislation yesterday, praising the leadership of sponsors Duncan Hunter (R-Calif…

BMT Nigel Gee To Launch Project L3 at Monaco Yacht Show

Sep 23, 2014

BMT Nigel Gee, a subsidiary of the BMT Group, will be launching its latest innovative design, ‘Project L3’ at the Monaco Yacht Show. Building on Nigel Gee’s heritage in the development of specialised platforms, married with Rob McPherson’s…

Naming of M/V “SITC SHANDONG” at CSBC Shipyard

Sep 23, 2014

The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation, Taiwan.(CSBC). Mr. Yang Shaopeng, Chairman of SITC International…

Hiab's State-of-the-art Factory Opens in Poland

Sep 23, 2014

Hiab, part of Cargotec, celebrates today the official opening of its new state-of-the-art multi-assembly unit (MAU) in Stargard Szczecinski, Poland. The development at Stargard further demonstrates Hiab's commitment to remaining the leading…

Dun & Bradstreet Partners Oracle to Reach for Cloud Solutions

Sep 23, 2014

Oracle and Dun & Bradstree, the world's leading source of commercial information and insight on businesses, today announced they have partnered to extend Oracle's Data-as-a-Service (DaaS) offerings by integrating Dun & Bradstreet's commercial business…

Chariot Oil & Gas 1H 2014 Interim Results

Sep 22, 2014

Chariot Oil & Gas Announce Interim Results for 1H 2014 Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces its unaudited interim results for the six month period ended 30 June 2014…

Inchcape Shipping Celebrates 25th Anniversary of ISS Greece

Sep 22, 2014

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has this month celebrated the 25th anniversary of its operations in Greece by hosting its annual senior management conference in Athens, close to the company’s Greek head office in the Port of Piraeus…

Sir Frank Chapman Appointed Golar's Chairman

Sep 22, 2014

Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman. Sir Frank Chapman has worked 40 years in the…

NewLead Takes Delivery of 3rd Eco-Type Bulker

Sep 22, 2014

NewLead Holdings Ltd.announced today that the 'Newlead Castellano', a 2013-built dry-bulk eco-type Handysize vessel of 35,542 dwt, was delivered to NewLead's owned fleet on September 16, 2014.The Newlead Castellano is trading on the spot market and is expected to generate approximately $1…

Maersk Convincer gets 1 yr More

Sep 22, 2014

Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015…

Barczak Joins Alan C. McClure Associates

Sep 22, 2014

Naval architecture and engineering firm Alan C. McClure Associates (ACMA) announced today that Registered Professional Engineer Nicholas Barczak has joined the ACMA team as a naval architect.Nick received his Masters of Engineering in Naval…

Logistics News

MSC: How the World’s Largest Boxship Fleet Squeezes More Miles from Every Molecule

MSC: How the World’s Largest Boxship Fleet Squeezes More Miles from Every Molecule

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

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Adani, India's largest airport operator, wants to expand its operations as part of an $11 billion expansion plan.
Three sources claim that Russia has ordered Russian Railways (RRU) to sell the $2.4 billion Moscow Towers in order to pay its debts
Energy Transfer suspends its Lake Charles LNG Export Project