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Latest News - page 2101

 

Rosneft Tenders to Sell 876,000 Tonnes of VGO

May 20, 2014

Russia's top oil producer Rosneft has issued tenders to sell 876,000 tonnes of vacuum gasoil (VGO) out of the Baltic Sea and the Black Sea between July and December, traders said on Tuesday. One tender calls for bids to buy up to 540,000…

Miners Lock in Shipping Costs as Freight Market Recovers

May 20, 2014

Dry bulk shipping market prospects improving Time charter deals on ships becoming more attractiveGlobal miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after years of turmoil…

Thome to Manage Its First DIS Vessel

May 20, 2014

Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register.The technical and crew management deal, signed with Danish ship owner Evergas…

GAO: U.S. Can Do Better on Arctic Policy

May 19, 2014

The U.S. needs a better strategy to coordinate and prioritize its policies related to the Arctic region, according to a Government Accountability Office (GAO) study out today that was released by Reps. Rick Larsen (WA-02), Tim Bishop (NY-01)…

Townsville Opts for a Liebherr LHM 420

May 19, 2014

Australian-based Northern Stevedoring Services (NSS) placed an order for a Liebherr mobile harbor crane, type LHM 420, to operate on Berth 3 and 4 in the Port of Townsville, Queensland. The operations of the stevedoring company span all of regional Queensland’s major port facilities…

New Rule for Temporary Import of Vessels

May 19, 2014

The Namibian Ministry of Finance (Customs & Excise) advises that a new rule governing the temporary importation of vessels into the country is now in force.Documents required for temporary importation, which  is available onrequest: - Copy of vessel's registration Certificate…

Pantelis to Speak at SNAME Technical Meeting in Greece

May 19, 2014

Dimitris Pantelis, Professor at the School of Naval Architecture and Marine Engineering and Director of Shipbuilding Technology Laboratory at the National Technical University of Athens (NTUA), Greece Mr will speak at the  ninth technical meeting for the 2013-2014 season…

Quantum of the Seas to Embark on World Tour in 2015

May 19, 2014

World Travelers will not need to trek out to New York City to catch Quantum of the Seas, the most anticipated cruise ship to-date. The ship will come to them. Royal Caribbean International has announced the details of the Quantum Global Odyssey…

S.P. Inter Marine Expands Cargo Handling

May 19, 2014

Long established in the trucking, warehousing, cargo transfer and barging industry of Thailand, S.P. Inter Marine can be described as a broadly horizontally integrated firm. With a well constructed presence at Ayutthaya, about 80 kmup the Chao Phrya River from the Gulf of Thailand…

Wärtsilä Receives Repeat Order from Evergas

May 19, 2014

Three new 27,000 cbm LNG/Multigas Carriers for Evergas, the Denmark based transporter of petrochemical gases and natural gas liquids, are to be built featuring the integrated Wärtsilä solution, comprising the main propulsion equipment, the gas fuel supply system…

Steamship Mutual: Return to Positive Underwriting Results

May 19, 2014

Steamship Mutual has released its financial results following approval of its 2013/14 Report & Accounts by the Board of the Club.The club achieved a financial year combined ratio of 96.7%, whilst maintaining a low risk investment strategy…

Long-Range Clean Tanker Rates Hit 8-Month High

May 19, 2014

Long-range clean tanker rates stayed firm on Monday extending a recent rally with firmer cargo demand bolstering sentiment further. Long Range 1 tankers, carrying 55,000 tonne loads from the Middle East Gulf (MEG) to Japan, reached W117…

Total Cuts Tripoli Staff, Cites Security Concerns

May 19, 2014

French oil major Total has cut its presence in the Libyan capital Tripoli to a minimum over security concerns, although it is not evacuating staff from Libya and offshore operations are continuing, a spokeswoman said on Monday. 'We are monitoring the situation…

China Investigates Corruption Inspector

May 19, 2014

China is investigating a corruption inspector for corruption, China's Central Commission for Discipline Inspection (CCDI) said on Monday, as an anti-graft campaign intensifies. Since President Xi Jinping's appointment last year, the government…

HydroComp's Online Professional Training Program

May 19, 2014

HydroComp, Inc. Introduces Online Professional Training Program. Hydrocomp introduces  a new platform for interactive learning and consulting. These online professional training classes will offer both focused software training, as well…

Logistics News

OPEC+ Oil Production Rises in October, Nearing Pre-Iran War Rates

OPEC+ Oil Production Rises in October, Nearing Pre-Iran War Rates

Paris Wheat Futures Rise With No Black Sea Deal in Sight

Paris Wheat Futures Rise With No Black Sea Deal in Sight

COSCO SHIPPING Development Orders 16 VLCCs

COSCO SHIPPING Development Orders 16 VLCCs

Asia Turns to African, Brazilian Oil as Shipping Costs Decrease

Asia Turns to African, Brazilian Oil as Shipping Costs Decrease

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Volkswagen recalls 4 million cars, Handelsblatt reports
Canada fast tracks oil pipeline to diversify economy and divert away from US
Increased security at US Fairford Air Base in England