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Latest News - page 1707

 

Concerns Remain Over the Use of Low-sulphur Fuel

Jul 20, 2015

As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the use of low-sulphur fuel in ships that berth in their ports. This results in a possibility…

Vallianz Signs $458mln Contracts to Extend OSV Charters

Jul 20, 2015

Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East. The…

Market Rife Merger Talk, NOL Says Not Yet

Jul 20, 2015

As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates…

BW Group Buys Dorian Stake

Jul 20, 2015

Scorpio Tankers Inc has agreed to sell its 6 million common shares of Dorian LPG Ltd to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for a purchase price of $15.34 per share.  The shares will be sold pursuant…

Maersk Starts Weekly Service through Port of Jacksonville

Jul 20, 2015

The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal. JAXPORT has officially announced the addition of the world’s No…

Latvia Spots Russian Submarine

Jul 20, 2015

The National Armed Forces of Latvia said they found a submarine on Sunday and a group of Russian warships in the exclusive economic zone of Latvia. The Sputnik reports that the Armed Forces saw Russian Kilo-class sub and a Tarantul-class…

Indian Naval Chief to Visit Singapore, Thailand

Jul 20, 2015

With an effort to consolidate the Navy-to-Navy cooperation and to strengthen the relationship in tune with India’s Act East policy, Chief of Naval Staff (CNS) Admiral RK Dhowan will be going on a five-day tour to Singapore and Thailand. Dhowan…

Crystal Cruises Plans for Expansion

Jul 20, 2015

Crystal Cruises announced an expansion plan under new owners Genting Hong Kong that includes three 1,000-passenger vessels, its first new ships in decades. Plus, Crystal will expand into adventure, yacht and river cruising, and luxury jet trips…

Daewoo Shipbuilding Bags LNG Carrier Order

Jul 20, 2015

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece. The new deal calls for Daewoo to deliver the LNG vessel, able to carry 173…

U.S. 6th Fleet Receives Admiral Stan Arthur Logistics Award

Jul 20, 2015

U.S. 6th Fleet’s operational logistics arm – Commander, Task Force 63 – was selected as the 2014 recipient of the prestigious Admiral Stan Arthur logistics award for “logistics team of the year,” according to a notification released by the Chief of Naval Operations July 14…

Christening of LCS Little Rock

Jul 20, 2015

The Navy’s newest littoral combat ship (LCS), the future USS Little Rock (LCS 9), will be christened Saturday, July 18, during a 10 a.m. CDT ceremony at Marinette Marine Corporation's shipyard in Marinette, Wisconsin. The event will be webcast live at http://navylive…

Vietnam to Go-ahead with $2.5 bln Port Project

Jul 19, 2015

Vietnam's government has agreed on a port project in the southern province of Ca Mau, costing some $2.5 billion according to media reports and which would be able to host some of the world's biggest ships.The Hon Khoai port would be built under a public-private partnership…

Braskem to Get New Chairman

Jul 19, 2015

Brazilian petrochemical firm Braskem SA said on Friday it will hold a general meeting on Aug. 4 to appoint a new chairman, after its current chairman was arrested for alleged involvement in a corruption scheme.The new chairman will be Newton de Souza…

Mount Whitney Dry Docking Nears Completion

Jul 19, 2015

The U.S. 6th fleet’s command and control ship USS Mount Whitney (LCC 20), entered the final stages of its renovation and overhaul at the Viktor Lenac shipyard, in Rijeka, Croatia, July 11, 2015.After successfully completing the majority of a seven-month docking…

Hiab Appoints Jansson-Kiuru as VP-Human Resources

Jul 19, 2015

Hiab, part of Cargotec, has appointed Ghita Jansson-Kiuru as Vice President, Human Resources. She will be responsible for Hiab's global human resources strategy and development.  The starting date is open until her succession is in place…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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