The United Nations aid chief told Reuters on Monday that there had been an 'incident' with a U.N. ship being boarded by unknown forces off the Yemeni port of Hodeidah at the weekend, but it was over and the vessel had departed.Mark Lowcock, U…
A consortium including Japan's JERA Co and Marubeni Corp aiming to ship liquefied natural gas (LNG) to Australia's east coast has chosen a site south of Sydney at Port Kembla for an import terminal, it said on Monday.The project will allow access…
China's liquefied natural gas (LNG) trucking capacity will double to 38 million tonnes by 2025, consultancy Wood Mackenzie said in a report on Monday.The flexibility offered from delivering LNG by truck will help offset a lack of infrastructure such as pipelines…
A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday…
KVH Industries, Inc. announced that BW Group has chosen KVH’s connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BW’s fleet that have had KVH’s VSAT systems and services since 2013…
Following a competitive tender, Chevron Shipping Company LLC (CSC) has selected smart shipping solutions from C-MAP, a provider of commercial marine charting and cloud-based software solutions for fleet management and route optimization.CSC…
Containership owner operator Seaspan Corporation has announced that Fairfax Financial Holdings Limited, through certain subsidiaries, has entered into a definitive agreement to invest an additional $500 million of equity in Seaspan through the exercise of two tranches of warrants…
Copenhagen Malmö Port (CMP) now offers bunkering of Liquefied Natural Gas (LNG). First off was the vessel Ireland, which unloaded cement in Malmö. In connection with this she was provided with LNG via tanker lorries. It's about bunkering where safety requirements are extra tough…
Ocean Network Express (ONE) has announced that the ONE Commitment, the company’s first magenta-color containership with a carrying capacity of 8,560 TEU, successfully arrived at the Yantian International Container Terminals (YICT) on 24 May 2018…
The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist sector, is delighted to announce a new technology partnership with Jumar Holdings Limited. The Club has taken a 33% equity stake in Jumar, which sits alongside the 67% stake held by Jumar founder and CEO…
A delegation from Hamburg was in China from 14 to 18 May, visiting companies in Zhengzhou, Shanghai and Hangzhou. Organized by Port of Hamburg Marketing (HHM) in cooperation with the Hamburg Representative Office in Shanghai, the delegation’s tour was led by Axel Mattern…
Mitsui O.S.K. Lines (MOL) announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping Corporation Limited (CCSC) and China Petroleum & Chemical Corporation (SINOPEC), at Hudong-Zhonghua Shipbuilding (Hudong) on May 31…
The European Sea Ports Organisation (ESPO) congratulates Port of Rotterdam (Netherlands), Port of Le Havre (France) and Port of Piraeus (Greece) for renewing EcoPorts’ environmental management standard (PERS). Isabelle Ryckbost, ESPO’s Secretary General…
The ocean cruise ship industry surpassed 2017 passenger projections, reaching 26.7 million cruise passengers globally up from a projection of 25.8 million, according to the Cruise Lines International Association (CLIA).For 2018, based on the…
DemandThe improved fundamentals during 2017 are clearly seen in the freight rate levels during the first four months of 2018. Freight rates for Handysize, Supramax and Panamax went up by 25-27 percent as compared to the same period of last year…
