Financially-troubled Japanese dry bulk specialist Daiichi Chuo Kisen Kaisha plans to halve its current long-distance shipping fleet, reports Nikkei. The debt-ridden shipowner under civil rehabilitation proceedings, also plans to improve profitability by updating charterage to shipowners…
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port…
Greece and the US are likely to reveal a joint venture to develop a liquefied natural gas (LNG) terminal when US Secretary of State John Kerry makes an official visit to Athens in November. According to a local news report in eKathimerini…
Shipping rates in New Zealand waters have become 'unsustainably low' in the wake of supply chain agreements such as between Kotahi and Port of Tauranga, NBR reports as South Port New Zealand chairman Rex Chapman saying. The company's…
Braemar (incorporating The Salvage Association) has appointed Brian Armour as Senior Maritime Civil Engineer within its Ports & Harbours division.Brian will be based in the Singapore office and has many years’ experience in the design, analysis…
In a bid to prepare for the lift of economic sanctions placed on the country, Iran has unveiled a $120 billion fleet expansion campaign. Mohammad Saeidi, Head of the Islamic Republic of Iran Shipping Lines (IRISL), said that the company seeks to purchase 579…
United Arab Shipping Company (UASC) has received the ‘Environmental Responsibility’ award and ‘The Shipping Company of the Year’ award at this year’s Seatrade Maritime Awards for Middle East, Indian Subcontinent and Africa. UASC’s Chairman H…
The Northern Territory (NT) Government in Australia announced the successful bidder for the Port of Darwin – Landbridge Group, based in the People’s Republic of China. Chinese privately owned energy and infrastructure conglomerate Landbridge…
EMC has appointed several established executives to its global leadership team to further enhance its delivery of mission-critical communications and content to top organizations around the world.EMC has appointed Tom Severson as chief financial officer (CFO)…
GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…
APM Terminals is preparing an expansion of the Moin Terminal in Costa Rica's cooling export facilities. Six new STS cranes and 29 RTG cranes to operate the deep water port of Moin Container Terminal, which opens in 2018. The Port of Moin is 18 meters deep docks…
Work started last week on an $11bn megaport in Tanzania, funded by China and Oman, which the country’s president said would spark an “industrial revolution” in the east African nation. The new port at Bagamoyo will dwarf the country’s current main port at Dar es Salaam…
Press release - Shipments of limestone on the Great Lakes totaled 3.3 million tons in September, a decrease of 8 percent compared to a year ago. The decrease came almost entirely at Canadian quarries. Shipments from the three quarries fell 257…
Mumbai-based ship management company MMS Maritime India has announced it is to begin a major recruitment drive for Indian seafarers, after its parent company, the Japanese ship owner Meiji Shipping Group unveiled an expansion of its tanker fleet…
ASRY holds keel-laying ceremony as it starts landing craft construction. ASRY marked the commencement of erection of a new Landing Craft being constructed for the Bahrain Coast Guard (BCG) with a keel-laying ceremony. The event was attended…
