Genoil Inc, (GNOLF), the publicly traded clean technology engineering company for the petroleum industries, has announced compelling economics for the Genoil Hydroconversion Upgrader (GHU), for installations where there is existing infrastructure…
Logistics, transportation and supply chain management provider Morrison Express announced that Ron Krajniak has joined the company as Vice President and General Manager, Americas Region. “Serving in key leadership roles in both domestic…
Shell Marine has renewed its technical partnership for a further four years with the University of Cebu - Maritime Education and Training Center (UC METC). At the signing of the new Memorandum of Understanding (MoU) were Shell Marine Executive Director Jan Toschka…
Mitsui O.S.K. Lines, Ltd. (container, tanker, dry-bulk and car carrier divisions) and KOTUG SMIT TOWAGE (KotugSmit) signed long term towage agreements, effective early 2017.The two have agreed upon a long term towage contract for the ports of Rotterdam…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Phaidra (formerly “Soya May”), a 2013 built Post-Panamax dry bulk vessel of 87,146 dwt that the Company entered into an agreement to purchase in April 2017…
Mitsui O.S.K. Lines (MOL) announced that its group company MOL Techno-Trade will exhibit BARI-SHIP 2017 which is held at Imabari, Ehime from May 25th - 27th, 2017 with Satake Corporation. Satake Corporation designed and developed 'Viable…
Golden Ocean Group (GOGL) said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping in exchange for 1.95 million consideration shares. A statement from the company said: 'Reference is made to the stock exchange notice dated March 14…
DryShips Inc, a diversified owner of ocean going cargo vessels, announced that it has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. 'Since the commencement of our acquisition program…
Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi Emergency, Crisis and Disasters Management Team, is preparing to conduct…
Campbell Transportation Company, Inc. said it has signed an agreement with American Commercial Barge Line LLC (ACBL) to acquire certain affreightment contracts along with 155 barges and four towboats that will operate on the Ohio River system…
Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world's…
Dredging firms look ahead to more business, here and across the big pond. Along the way, Mother Nature and good business planning will both help. In the waning days of 2016, the outlook brightened dramatically for the big U.S. dredging contractors…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates.The overall index, which factors in rates for capesize…
The afternoon before they received their SUNY Maritime degrees, 17 students received their commissions into the U.S. Navy.Of the 17, two were commissioned as surface warfare officers and, upon graduation, will report to USS Shiloh forward deployed and homeported in Yokosuka…
Saudi Arabia has become the latest State to become a Party to the International Maritime Organization (IMO) Ballast Water Management (BWM) Convention. The treaty will enter into force on September 8, 2017 and aims to counter the threat to…