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Sovcomflot completes USD 900 mln in Foreign Investment
Russia’s maritime shipping company Sovcomflot has announced that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks.The completion of this credit facility marks the successful finalisation of SCF’s 2018 financing plan…
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Scott Gutterman to Join Beacon Offshore Energy as Chairman and CEO
Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced…
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Neptune Energy Indonesia Gets New Managing Director
The oil and gas producer Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business…
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Lithuania Plans to Buy an FSRU
Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024…
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Cruise: RCI Returns to Port NOLA
Royal Caribbean International returned to the Port of New Orleans (Port NOLA) when the Vision of the Seas homeported at the…
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APM Terminals Mumbai Sets a Record
APM Terminals Mumbai, the largest container terminal facility in India, has achieved a record of handling more than 2 million…
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Port of Duqm, Shell Oman to Develop Fuel Bunkering Facilities
Shell Oman Marketing Company SAOG signed an agreement with Port of Duqm Company SAOC (PDC) to develop fuel bunkering facilities…
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Maersk Intros Cargo Insurance Alternative
Maersk Line is expanding its commercial offering with the introduction of an extended liability solution, Value Protect,…
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Drewry: Ocean Freight Shipping Rates Fall in Q4
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according…
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Schlueter Joins Bouchard Transportation
Bouchard Transportation Co., Inc. said that Scott Schlueter has joined the company as Vice President of Maintenance and Repairs…
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TRAC Intermodal Marks 50 Years
This year, TRAC Intermodal celebrates 50 years of delivering high-quality products and innovation since its founding in 1968 as Interpool…
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Dual-Fuel RoPax Ferry MV VIsborg Delivered
Designers OSK, owners Rederiaktiebolaget Gotland and builders Guangzhou Shipyard International jointly celebrated the delivery…
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NMC Announces Revised Comment Period for MM Medical Manual
Revised Comment Period: Draft Merchant Mariner Medical Manual, Notification of Availability and Request for Comments.The…
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Russia's First FSRU to Arrive at Kaliningrad to Start Up LNG Imports
Russia's first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) is expected to dock at the port of Kaliningrad on Dec.
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Ardmore Shipping Appoints Curtis McWilliams as Chairman
The US-based chemical tanker company Ardmore Shipping Corporation announced that Reginald L.
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ALMACO Helps Refurb Crystal Serenity
ALMACO Group recently delievered 36 new luxurious Seabreeze Penthouses and two new…
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ALMACO Onboard Viking Line’s New Cruise Ship
ALMACO secured the order to build 1121 passenger and crew cabins plus all the galleys…
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U.S. Ports, Seaway Shipping Reporting Strong Finish to 2018 Season
The St. Lawrence Seaway and Great Lakes ports are reporting strong growth in November…
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BIMCO: Global Shipping Scouts for Future Growth
Reflections 2019 – Market Analysis Section By Peter Sand, Chief Shipping Analyst.This…
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Sembcorp Retains Asia's Top Cruise Ship Repair Position
Singapore-based shipbuilder Sembcorp Marine cemented its position as Asia’s top cruise…
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