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Latest News - page 1362

 

Big Names Unite to Push LNG as a Marine Fuel

Jul 13, 2016

Carnival Corporation & plc, DNV GL, ENGIE, ENN, GE, GTT, Lloyd’s Register, Mitsubishi Corporation, NYK Line, Port of Rotterdam, Qatargas, Shell, TOTE Inc. and Wärtsilä are among firms that are part of a new cross-industry initiative called SEA\LNG…

MAN's ME-GI Engine for LNG-powered Bulker

Jul 13, 2016

Korean shipowner ILSHIN and HMD (Hyundai Mipo Dockyard Co., Ltd.) have signed a shipbuilding contract for a 50,000 dwt bulk carrier.Notably, the vessel will be powered by an MAN B&W 6G50ME-C9.5-GI engine, to be built by HHI-EMD who will also supply the ME-GI and fuel gas supply system…

Steel Cut for Holland America Line’s ms Nieuw Statendam

Jul 13, 2016

Holland America Line celebrated a significant construction milestone today as the first steel was cut for ms Nieuw Statendam, due for delivery in November 2018. The ceremony took place at Fincantieri’s shipyard in Palermo, Sicily, Italy, and…

Pacific Drilling Partners GAC for Warehousing in U.S.

Jul 13, 2016

Through its long-standing relationship with GAC worldwide, Pacific Drilling has appointed GAC North America – Logistics to provide centralized warehousing and distribution services to its two offshore rigs in the U.S. Gulf of Mexico.A portion of GAC’s 181…

G E Shipping Buys Product Tanker

Jul 13, 2016

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,539 dwt. The 2005 Japanese built vessel is expected to join the Company’s fleet in Q2 FY17. The Company’s current fleet stands at 33 vessels…

Bear Head LNG GHG Management Plan Approved

Jul 13, 2016

Bear Head LNG Corporation Inc. (Bear Head LNG) received Nova Scotia Environment’s (NSE) approval for its Greenhouse Gas (GHG) Management Plan for its liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia…

Virginia Port throughput a Modest 2.57 Mi TEUs

Jul 13, 2016

Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped to push the port to a solid finish for fiscal year 2016.“We finished fiscal year 2016 in positive territory…

UASC to Sell Chemical Tanker Unit

Jul 13, 2016

United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals  as part of its plans to merge with German container line Hapag-Lloyd, says Bloomberg. UASC hopes the sale will fetch over $600m…

Cosco Bypasses Railway Strike by Sea Route

Jul 13, 2016

Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around the problem created for its freight forwarding network by Greek railway workers’…

Brexit: Potential Implications For The Maritime Sector

Jul 13, 2016

While the nature of the United Kingdom’s future trading relationship with the European Union (EU) will take some time to become clear, it is important to realise that in the immediate aftermath of the result of the UK’s recent EU referendum…

The Future of Ports and Their Relationship with Cities

Jul 13, 2016

The development of cities such as Antwerp and Yokohama had been shaped by the growth of their port industry over the years. However, this relationship is dynamic, and both cities have come up with innovative solutions to balance port growth and urban liveability…

Myanmar accedes to CLC Protocol

Jul 13, 2016

​Myanmar has deposited its instrument of accession to the 1992 Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC).  The efforts to bring the legislation into national law followed the participation…

Hapag-Lloyd Still Strong in Canada

Jul 13, 2016

Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%.  Hapag-Lloyd is the largest liner shipping company in terms of throughput…

US Coast Guard Shipyard Under New Command

Jul 12, 2016

U.S. Coast Guard Captain Matthew Lake assumed command of the U.S. Coast Guard Yard on July 1, 2016. He is the 42nd Commanding Officer in the 117-year history of the yard, the only shipbuilding and major ship repair facility of the U.S. Coast Guard…

Cruise Industry Sees More Women in Leadership Roles

Jul 12, 2016

When she left her home in the remote Faroe Islands and took a temporary job as a stewardess on a cargo ship, Inger Klein Thorhauge wanted most to become a wife and mother. But life at sea held such an attraction that she worked her way up through…

Logistics News

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

SGMF Publishes LCA on Methanol as Marine Fuel

SGMF Publishes LCA on Methanol as Marine Fuel

Ground Breaks on New Delaware Container Terminal

Ground Breaks on New Delaware Container Terminal

European Wheat Rises As Black Sea Disruptions Continue

European Wheat Rises As Black Sea Disruptions Continue

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Thailand's PTTEP claims that every $3 increase in LNG price could raise Thai power prices by up to 5%
Oil falls as US crude inventories rise despite Saudi supply concerns
Four days after the capsize of a ship in Indonesia's Java Sea, 129 people are still missing and families desperate for information