Commodity trader Trafigura had leased 35 newly built crude oil and oil product tankers from an undisclosed Asian financial partner with the vessels expected to be delivered late this week and all through 2019, the company said.'Until 2020, the vessels will run on regular fuel…
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers.…
The Maritime and Port Authority of Singapore (MPA) conducted a ferry emergency exercise to test the readiness of various agencies in responding to ferry mishaps in the Port of Singapore.More than 100 personnel from ten organisations (Annex) took part in the exercise at sea near Kukor Buoy…
Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063 TEU containership OOCL Ningbo, which has been renamed GSL Ningbo, following her redelivery by OOCL on September 17, 2018.The containership charter owner…
The European Sea Ports Organisation congratulates Prof. Kurt Bodewig on his nomination as European Coordinator for Motorways of the Sea and is looking forward to a fruitful cooperation to further enhance the European maritime transport dimension…
When a ship comes into port it may be the end of a voyage, but just the beginning of a range of administrative tasks that need to be completed.The port is unlikely to be the final destination for the cargo – which will need to be unloaded and forwarded in a variety of ways…
Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency…
Bangladesh has put aside two smaller liquefied natural gas (LNG) projects with trading houses Gunvor and Vitol to focus on two larger LNG import terminals, one of which is already in use while the second will start up in March.Bangladesh has…
C-Job Naval Architects based in the Netherlands announced it has joined the Ammonia Energy Association, strengthening its commitment to research ammonia as a renewable fuel for the maritime industry.With the International Maritime Organization…
Georgia Ports Authority’s 10-year, $2.5 billion plan aims to expand the capacity of the nation's fastest growing and single largest container terminal from 5.5 million twenty-foot equivalent unit containers (TEUs) to 8 million.GPA Executive Director Griff Lynch detailed the growth plan…
Kongsberg Digital (KDI) will deliver to GasLog a comprehensive liquefied natural gas (LNG) simulator package designed to enable new levels of safety and operational training for the owner/operator’s professional crews.GasLog operates 27 LNG vessels through its subsidiary…
Panamá Maritime Authority has installed three new sector lights and towers to improve the navigation safety of ships coming into Bays of Manzanillo and Las Minas on Panama’s Atlantic coast. The beacons, specifically constructed as marine aids to navigation…
Marine Jet Power (MJP) announced Damian O’Toole has joined its business development team as Executive Vice President of Sales, Marketing and Aftersales Service Solutions. Effective immediately, he will be responsible for business development and strategic growth initiatives worldwide…
The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels…
Norwegian shipping and tank terminal company Odfjell SE announced on Thursday that it has finalized the sale of its tank terminal in Europe's largest port.The company announced in July that Odfjell Terminals entered into an agreement with Koole Terminals B…
