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Latest News - page 1089

 

KNOT Offshore Acquires Brasil Knutsen

Dec 17, 2017

KNOT Offshore Partners LP announced that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired all of the ownership interests in KNOT Shuttle Tankers 32 AS, the company that owns and operates the shuttle tanker Brasil Knutsen, from Knutsen NYK Offshore Tankers AS…

Algoma Adds Algoma Innovator

Dec 17, 2017

Algoma Central Corporation, a leading provider of marine transportation services, today announced that it has taken ownership of the Algoma Innovator from the Uljanik d.d. shipyard in Croatia. The vessel is part of the Company’s Equinox…

SSY Acquires Bidsted & Co

Dec 17, 2017

British-based ship broker Simpson Spence Young (SSY) has acquired Danish dry bulk broker Bidsted & Co. Bidsted & Co, which was founded in 1940, is one of the last few remaining independent shipbrokers in Copenhagen. Bidsted’s chartering…

DOF Sells Skandi Marstein

Dec 17, 2017

Norwegian supply shipping company DOF sold and delivered the 1996 built platform supply vessel (PSV) 'Skandi Marstein' to a new owner. The sale will not have any significant liquidity impact or impact on the accounts. The vessel has been in lay up since late autumn 2017…

SC Ports Handles Container Volume Growth

Dec 17, 2017

South Carolina Ports Authority’s 2018 fiscal year container volume through November grew 2.5 percent compared to last year, with 886,414 twenty-foot equivalent container units (TEUs) handled by the Port of Charleston since July. The Port moved 163…

Miriam Maes New Chairman of Rotterdam Port

Dec 15, 2017

Miriam Maes has been appointed Chair of the Supervisory Board of the Port of Rotterdam Authority, in accordance with a decision made by the supervisory directors. Maes has served on the Supervisory Board since 1 January 2016.She will be succeeding Rutger van Slobbe…

SM Line Selects Intellian VSAT Antennas for its Fleet

Dec 15, 2017

The provider of maritime satellite antenna systems Intellianhas announced that its v100 maritime VSAT antenna has been chosen by SM Lines to power its ships’ data and communications, and enable its IoT (Internet of Things) freight monitoring system…

Clipper Fleet, Dania Ship Announce Partnership

Dec 15, 2017

Dania Ship Management has announced plans to extend ship management capabilities to include dry cargo in a partnership agreement with Clipper Fleet Management, part of the Clipper Group. The partnership, which strengthens the commitment by V…

MacGregor to Split Smart Ocean Technology Division

Dec 15, 2017

MacGregor, part of Cargotec, said it will reorganize its offshore and merchant shipping operations as part of a plan aiming to achieve €13 million in annual cost savings. Under the plan, MacGregor’s Smart Ocean Technology division will be…

Cruise Sector on Track for Growth in 2018 -CLIA

Dec 15, 2017

The cruise industry is expected to stay on course for further growth in 2018, according to the latest State of the Cruise Industry Outlook report from trade association Cruise Lines International Association (CLIA). “It is without question…

SC Ports Box Volumes Grow in November

Dec 15, 2017

South Carolina Ports Authority's 2018 fiscal year container volume through November grew 2.5 percent compared to last year, with 886,414 20-foot equivalent container units (TEUs) handled by the Port of Charleston since July.  The port moved 163…

Asian LNG Spot Prices Jump after European Gas Outages

Dec 15, 2017

Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European gas markets and ongoing demand from the region's major consumers. Spot prices for January delivery hit $10.50 per mmBtu, 40 cents above last week…

Clipper, Dania Partner on Fleet Management

Dec 15, 2017

Dania Ship Management has announced plans to extend ship management capabilities to include dry cargo in a partnership agreement with Clipper Fleet Management, part of the Clipper Group.  The partnership, which strengthens the commitment by V…

New Managing Director for GAC North America

Dec 15, 2017

Industry veteran Patrik Ziegler has been appointed Managing Director of GAC North America – Logistics (GNAL). He brings to the role more than 30 years’ experience in logistics and oil and gas. In his new role, Ziegler is tasked with overseeing…

India Ups Import Tax on Petcoke in Blow to US Refiners

Dec 15, 2017

India has raised the effective import duty on petroleum coke to 10 percent from 2.5 percent, according to a government order, days after the government told a court it was in favour of curbing the use of the dirty-burning fuel.The duty has…

Logistics News

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

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