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SevenCs Wins Pilotage Safety Award

Jun 19, 2013

SevenCs together with Australian Reef Pilots and VoyageBank win the ‘ 2013 IHS Safety at Sea Award'.Jointly with VoyageBank and Australian Reef Pilots SevenCs has won the IHS Safety at Sea Awards 2013 in the System category. The successful…

Dual-fuel Ferry Claimed to be the World's Speediest Ship

Jun 19, 2013

Incat Tasmania’s dual-fuel vehicle & passenger ferry 'Francisco' has attained 58.1 knots operating on LNG fuel only.Francisco has been constructed for South American company Buquebus, for service on the River Plate, between Buenos Aires Argentina and Montevideo…

U.S. Shipbuilding Supports $36B in GDP

Jun 19, 2013

The U.S. Department of Transportation’s Maritime Administration (MARAD) said that the nation’s shipyards support $36B in gross domestic product, as part of a report on the U.S. shipbuilding and repair industry issued today. Acting Maritime Administrator…

From Norway to Brazil (and Back)

Jun 19, 2013

Norway’s involvement with this South American energy powerhouse predates the current oil boom. Today’s commerce model flows in both directions in ever increasing frequency and volumes.Make no mistake about it: Brazil is important to Norway…

Offshore Wind Spend to Average $21B per year

Jun 19, 2013

Douglas-Westwood (DW) forecast offshore wind installations averaging 3.2 GW per year over the next ten years with capital expenditure hitting a peak of $24.1B in 2016. The fifth edition of DW’s World Offshore Wind Market Forecast launched today…

U.S. House Subcommittee Recommends $1 Billion For FY2014

Jun 19, 2013

For the second year in a row, the U.S. House Energy & Water Subcommittee, chaired by Rep. Rodney Frelinghuysen (R-NJ), has approved a $1 billion draw from the Harbor Maintenance Trust Fund.  The money is for maintaining America’s deep-draft…

As MLC Deadline Approaches, InterManager Calls for Restraint

Jun 19, 2013

InterManager, the international association of in-house and third party ship managers, is calling on flag States to exercise tolerance and flexibility in the weeks and months following the entry into force of the Maritime Labour Convention. A…

Odfjell Finalizes Transaction with Lindsay Goldberg

Jun 19, 2013

Reference is made to the stock exchange announcement of 6 May 2013, in which Odfjell announced its signing of the definitive agreements to expand existing joint venture with Lindsay Goldberg to include substantially all of the Odfjell's tank terminals business globally…

Forth Ports and Port of Zeebrugge Join Forces in a Strategic Agreement

Jun 19, 2013

MoU signed to explore new container cargo opportunities.Forth Ports Limited and Port of Zeebrugge / MBZ have (18 June 2013) signed a Memorandum of Understanding (MoU) which marks the start of a strategic agreement between the Port companies…

FSRU Toscana Sails Away From Drydocks World

Jun 19, 2013

Drydocks World said that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai.   The unit, formerly the 138,830-cbm LNG carrier Golar Frost, has been under conversion since June 2009 at Drydocks world Dubai yard for contractor Saipem and owner OLT…

Lindley Supplies Pontoons and Aids to Navigation in Cape Verde

Jun 19, 2013

Lindley Marinas, specialized in floating equipment, has recently supplied pontoons and aids to navigation to ENAPOR, the Cape Verde port management company. The pontoons were part of the infrastructure created in Porto Novo (Santo Antão…

Report: Short Term Strength for VLCCs

Jun 19, 2013

Drewry’s latest Tanker Insight reports that freight rates in most vessel categories remained on the softer side during the month due to weakness in chartering activity in the major loading regions barring Arabian Gulf. The same was reflected…

TT Club Championing Cargo Safety at Rotterdam Conference

Jun 19, 2013

Specialist liability insurer for the international transport and logistics industry, TT Club is keen to focus industry attention on the risks associated with the incorrect packing and securing of cargo in containers and the debate over the accurate weighing of containers…

Wrist Ship Supply Secures Presence in China

Jun 19, 2013

Key Account Manager appointed for Chinese-based customers as market continues east.As global trade, and therefore shipping continues to shift towards the Far East, Wrist Ship Supply has cemented its presence in China with the appointment…

Deepwater Spar Hull Delivery Takes Ship to Capacity Limit

Jun 19, 2013

The Boskalis subsidiary, Dockwise vessel 'Mighty Servant 1' has offloaded the 23,000 ton spar for the Lucius deepwater oil and natural gas project in the Gulf of Mexico.The Lucius truss spar, measuring 184 meters (605 feet) long and 34 meters (110 feet) in diameter…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

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The German LNG import terminals