Russian wheat export prices rose last week due to higher global benchmarks and the strengthening of the rouble against the dollar, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $194…
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index gain by 432 points in the week ending Monday to 4,387.'A weekly gain of 432 points lifts the SSY Pacific Capesize Index to 4,387 points. This is 940 points above the year-ago level…
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 128 points in the week ending Monday to 6,825.'After falling to a five-month low last week, the SSY Atlantic Capesize Index rebounded by 128 points from the previous week to 6…
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won a design contract worth about $500 million for a liquefaction unit to be used for Steelhead LNG’s Kwispaa LNG export project in Canada’s British Columbia, reported Yonhap…
Port of Amsterdam and Titan LNG have signed a long-term contract for the “home” location of Titan’s bunkering pontoon: the FlexFueler001. This pontoon will be the first of its kind in Europe providing easy, affordable and safe LNG bunkering services of this cleaner marine fuel…
Petróleo Brasileiro SA (Petrobras) has announced its intention to join the Oil and Gas Climate Initiative (OGCI). The company revealed that its CEO, Pedro Parente, has signed a letter of engagement so that the company can become an effective member of the voluntary initiative…
Reliable, user-friendly and integrated navigation and communications systems can help with decision making on a ship. That is where e-Navigation comes in. International Maritime Organization (IMO) attended the e-Navigation Underway International…
Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, has named Alejandro Pla as Country Manager – Mexico. He will be based in Mexico, City. Pla has more than 24 years of experience in a variety of roles in shipping and logistics…
Singapore-headquartered vessel owner AET Tankers - a subsidiary of Malaysia's MISC Berhad - has named and welcomed four newbuild tankers into its fleet in two separate ceremonies at South Korean shipyards. At Samsung Heavy Industries, Geoje…
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed an agreement for the construction of an LNG-fueled tugboat with Kanagawa Dockyard. The construction is slated to start in February 2018 and complete in February 2019. Launching is scheduled for April of the same year…
Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have decided to work in the field of liquefied natural gas (LNG) bunkering in Japan. A joint statement that LNG…
Capital Ship Management Corp. and Liberty One have announced the establishment of a joint venture under the name Capital Liberty Invest, taking aim at the German shipping market. The new entity will combine the forces, excellent track record…
China unveiled its ambitions to develop a 'Polar Silk Road' through the Arctic, joining a multinational race to exploit opportunities in the resource-rich region, as the shipping lanes opened up by global warming. China said it would encourage…
U.S. ocean carrier TOTE said its plans to enter the domestic Hawaiian trade have been derailed by the scope and timing of infrastructure upgrades that would be required to accommodate the new service.TOTE had been earmarked access to Honolulu…
Providing vehicles and equipment across the broad global spectrum of consumer automobiles to commercial trucks and on to the waterfront, Toyota has ‘been there and done that.’ Growth in the size of containerships is driving investment across the maritime…
