Euronext said on Tuesday it will extend its Large-in-Scale (LIS) trade facility to commodity futures in response to interest in block trades. Euronext's most active commodity futures contracts, wheat and rapeseed, will be available on LIS Trade…
A new free-to-access online tool aims to improve understanding of the current, and rapidly evolving, bunkering infrastructure landscape for liquefied natural gas (LNG). Launched by industry coalition SEA\LNG from the sixth LNG Bunkering Summit currently taking place in Amsterdam…
Finnlines said it is continuing capacity expansion efforts in response to growing volumes. The Baltic Sea ro-ro and passenger vessels operator has purchased MS Europalink as reports further progress in its vessel lengthening program. Finnlines Plc’s fully owned Swedish subsidiary…
Britain is reviewing its reliance on satellite-based technology for critical infrastructure including the Global Positioning System (GPS) as the threat of jamming attacks and disruptions grows, a government report said on Tuesday.Emergency services…
Ningbo Marine Co Ltd: * Says it sees net profit for FY 2017 to increase by 70 percent * Says the net profit of FY 2016 was 88.4 million yuan * Comments that increased waterbailage income and toll related income of unit as main reasons for the forecast
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), has announced its financial results for the third quarter ended December 31, 2017.The company reported a net profit of INR 500 million ($7.8 mln) for Q3FY18 as against INR 645 million ($10 mln) in Q3FY17…
Cosco Shipping Holdings Co Ltd says it expects net profit of about 2.7 billion yuan in 20117 versus net loss of 9.9 billion yuan a year ago. (Reporting by Hong Kong newsroom)
The Baltic Exchange's main sea freight index fell for the second straight session on Tuesday, weighed down by lower rates across vessel categories. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
Electricite de France (EDF) has offered up to three billion cubic metres of annual regasification capacity at the Dunkirk liquefied natural gas (LNG) import terminal for 18 years from Jan. 1, 2019, it said in a market notice.The terminal's…
The ailing U.S. coal industry is ramping up its political and legal offensive to win approval for West Coast export terminals that could provide a lifeline to lucrative Asia markets. Coal producers filed two recent lawsuits against governments…
Ivory Coast exported 701,034 tonnes of natural rubber in 2017, up more than 31 percent from the previous year, provisional port data showed on Tuesday. Ivory Coast, the world's top cocoa producer, is also the leading producer of natural rubber in Africa…
Olympia GR, a 61,222 DWT Ultramax dry bulk carrier, has been successfully delivered to M/Maritime Corp from Shin Kurushima Toyohashi Shipbuilding Co. Ltd. Recently, the clients of M/Maritime Corp. signed two shipbuilding contracts for the acquisition of two 60…
Dubai-based Gulf Navigation Holding PJSC (GulfNav) is in discussions to acquire a majority stake in Singapore-based Atlantic Navigation Holdings, a provider of offshore marine logistic services. Atlantic is an integrated offshore supply operation…
Kuwait Oil Tanker Company (KOTC) has signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for three very large gas carries (VLGC). The three 84,000 cbm LPG carriers are expected to start delivery in 2019. The contract worth USD 213…
Japanese shipping company NYK Line announced that it signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter a newly built LNG carrier for a total of seven years, with optional extension periods for up to 13 more years…
