At the end of 2015, global LNG production was approximately 35 bcf/d. By 2019, global supply is set to increase by 40 percent with the U.S. and Australia planning to bring another 15 bcf/d online. However, traditional markets like Europe and…
Globally renowned green energy champion Peggy Liu has been announced as the latest speaker for Nor-Shipping 2017. Liu, the Chairperson of Joint US-CHINA Collaboration on Clean Energy (JUCCCE), is set to join a growing list of key shipping figures at the leading global maritime event week…
The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report*, MSI predicts a depressed year for rates in 2017…
Oman Shipping Company (OSC) has announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years. The contract…
Transnet National Ports Authority’s (TNPA) six-berth reconstruction project at the Maydon Wharf Precinct in the Port of Durban has reached another milestone with Berth 13 and 14 now deeper and safer for bigger ships calling at the port.Transnet…
KPI Bridge Oil has promoted Mark Perrins, a senior trader in the London office, to the position of Trading Manager.Perrins joined KPI Bridge Oil Ltd as a Bunker & Lubricant Trader in 2009 and was later promoted to Team Leader in 2012. Prior…
Seaspan Ferries Corporation’s (SFC) Seaspan Swift, a new hybrid LNG fueled and battery powered ferry, entered service between the British Columbia mainland and Vancouver Island. The innovative vessels is classed by Bureau Veritas, and it is…
Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11…
Similar to container vessels, bulk carriers and cruise ships, car carriers are rapidly growing in size, says a report by DNV GL. A new series of the world’s largest pure car and truck carriers sets a new standard for this segment. The…
CMA CGM announced and amendment to the port rotation of its MIDAS service. Effective with M/V KOTA MAJU at Khor Fakkan on January 4th, 2017, MIDAS serving India and Middle East Gulf to Africa and Indian Ocean, operated with 10 vessels up to 3…
South Korean major shipbuilder Samsung Heavy Industries Co is aiming to clinch orders worth more than US$6 billion this year, South Korea's Yonhap news agency reported the company's head as saying. Park Dae-young, president and CEO of the shipbuilder…
Choice Ballast Solutions (Choice), a provider of ballast water treatment planning, installation and compliance, has hired Debra DiCianna as Senior Compliance Engineer. DiCianna’s career in the maritime industry spans over 25 years with extensive…
A new study commissioned by the U.S. Treasury Department lists modernization of the locks at Sault Ste. Marie, Mich., as one of the 40 American transportation and water “megaprojects” that could bring as much as $1.3 trillion in national economic benefits…
It seems like a lifetime coming, but the IMO International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) has been approved and will enter into force on September 8, 2017. Deemed as an environmental necessity…
U.S.-flag Great Lakes freighters (lakers) moved 83.3 million tons of cargo in 2016, a decrease of 4.5 percent compared to 2015, according to the Lake Carriers’ Association (LCA). The 2016 float was also 7.7 percent below the fleet’s five-year average…
