With profit margins under pressure, oil and gas companies are focused on getting more out of existing assets while significantly reducing capital expenditure. Recent data shows that a 5% improvement in Opex could save £490 million on the UK Continental Shelf alone…
The widow of one of the 33 crew members killed when the El Faro sank in a hurricane last fall called on Friday for stricter oversight of decisions by shipping companies and their captains to sail in adverse weather. Rochelle Hamm's husband…
Four Port Commissioners and staff honored two long-time Port of Redwood City employees at a luncheon this week, Rita Artist, executive assistant/clerk of the board since 1999, and Santiago Talamantes, lead maintenance worker since 1996, both of whom retired this month…
The U.N.'s climate chief said on Friday she will step down in July, at the end of a six-year term, and praised governments for reaching a 195-nation deal in Paris in December to shift the world economy from fossil fuels to cleaner energies. Christiana Figueres…
According to a weekly update from the U.S. Energy Information Administration (EIA), an oversupply of European distillates is raising the amount of product being held in floating storage, and also causing changes to shipping routes to slow delivery to the continent…
Valletta Cruise Port has received the Best Mediterranean Port & Destination award conferred at the Cruise Excellence Awards.The award was presented to Valletta Cruise Port in Cartagena (Spain) during a gala ceremony taking place on the evening of February 18th…
The coming year will be challenging for the shipping industry as global markets face a slowdown, however, the measures put in place by the Singapore Government and Maritime and Port Authority of Singapore (MPA) to help boost the industry are very encouraging…
The National Oceanographic Partnership Program (NOPP) will present the 2015 Excellence in Partnering Award to 17 organizations involved in the Atlantic Canyons study during Ocean Sciences 2016 in New Orleans. The ceremony will take place on Tuesday…
Nicaraguan Tourist Agency selects Damen CSD350 dredger for 200 km internal waterway project. A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger…
Members of the G6 Alliance today announced additional void sailings within their Asia-Europe product in response to changes in market demand. As the G6 Alliance continues to review its product profile, the Loop 6 service will void sailings starting from Week 8 for a period of 11 weeks…
Dr. Mak Saito from Woods Hole Oceanographic Institution, along with his research team have just returned from a 22 day expedition, called “ProteOMZ”, aboard Schmidt Ocean Institute’s research vessel Falkor. During this voyage the team implemented…
Crowley Maritime Corp.’s Miami-based subsidiary specializing in Customs clearance of imported perishable apparel and refrigerated products, said it could begin clearing certain produce requiring cold-treatment from Peru, Uruguay and Argentina into the Port of Charleston…
China COSCO Shipping Corp Ltd (COSCOCS), a new company formed by the restructuring of China's top two shipping firms, was officially established on Thursday (February 18). The Chairman Xu Lirong said his company,now the world's largest bulk vessel and oil tanker operator by fleet size…
Bahamas' Prime Minister Christie has met with Global Shipping Giant Mediterranean Shipping Company (MSC), in Geneva. Principal and founder of MSC, Gianluigi Aponte and his senior management team met with Prime Minister at MSCs headquarters in Geneva…
China was warned by many the United States and the European Union that it should respect a ruling later this year on its dispute with the Philippines over territory in the South China Sea, reports Reuters. In a message has been sent to China…
