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ClassNK Releases Amendments to Class Rules

May 11, 2015

ClassNK has released the amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 8 May 2015.ClassNK continuously reviews, updates, and amends its technical rules and guidance as part of its ongoing efforts to improve the safety of life and property at sea…

Naming of UASC's 'Barzan' at HSHI, S. Korea

May 11, 2015

Barzan, the first in a series of six 18,800 TEU container vessels ordered by UASC, was recently named at Hyundai Samho Heavy Industries (HSHI) in Mokpo, South Korea. The vessel is the first to receive classification society DNV GL’s new GAS READY notation…

OSRCL Inks Maintanence Deal with Wood Group

May 11, 2015

Wood Group Kenny (WGK) has secured a five year contract with Oil Spill Response (Capping) Ltd (OSRCL) to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident…

Suezmax Tanker Market Improves

May 11, 2015

Suezmax tanker owners are among the “happiest” ones when it comes to the performance of their vessels during 2014, as well as throughout this year as well says the latest weekly report from the London-based shipbroker Gibson. For most of last year the Suezmax market outperformed VLCCs…

Dry Bulk Carriers Orders "Drying” Up?

May 11, 2015

Dry bulk orders have fallen to the lowest level since the 1990s to 0.4m dwt per month showing a massive 98% reduction from the 23m dwt peak in orders in December 2007, and probably the sharpest decline in recent decades.  Not really a surprise…

Singapore, Malaysia and Indonesia Joint Maritime Patrol in South China Sea

May 11, 2015

Singapore, Malaysia and Indonesia are in discussions to extend joint patrols to deal with a resurgence of piracy in the South China Sea piracy hotspots, said Singapore's Chief of Navy Rear-Admiral Lai Chung Han. Singapore's Today reports…

Russian, Chinese Navies Grow Even Closer

May 11, 2015

Russian “joint maritime -2015 (1)” today (May 11) officially launched a joint military exercise, the exercise will continue until 21 May, reports Chinese state news agency Xinhua. It is the first time the two countries have held joint military…

More Ferry Services between Johor and Singapore

May 11, 2015

As agreements was signed between Singapore and Malaysia to boost the number of ferry trips between Changi Ferry Terminal, Singapore and Tanjung Belungkor in south-eastern Johor, Malaysia.  The memorandum of understanding (MOU) signed was…

India to Monitor Shipping in South China Sea

May 11, 2015

As the disputed South China Sea heats up around the world, the Cabinet Committee on Security (CCS) of India has Okayed a plan to virtually keep an eye on shipping in the Indian Ocean and the South China Sea, reports Tribune News Service. It…

Turkey Signs Contract for Light Career

May 11, 2015

The Turkish shipyard SEDEF has signed a contract with the Turkey's procurement agency, the Undersecretariat for Defense Industries (SSM) for the design and construction of Landing Platform Dock (LPD) for the Turkish Navy.  The 231-meter landing platform dock that is capable of carrying 1…

Floating Storage Picks Up

May 11, 2015

Surprisingly, it seems that the use of VLCCs for floating storage has increased in recent weeks, says a report by Poten & Partners  Information about the ships reveals that about every third vessel on charter contract earlier this year is now being used for floating storage…

Ferguson Receives Ellis Island Medal of Honor

May 10, 2015

Adm. Mark Ferguson, commander, Allied Joint Force Command Naples and commander, U.S. Naval Forces Europe-Africa (NAVEUR-NAVAF), received the Ellis Island Medal of Honor during a ceremony May 9, 2015 on Ellis Island.The National Ethnic…

Royal IHC Launches Dredger for TNPA

May 10, 2015

The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place on Saturday, May 9, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA)…

SSGC Shortlists Akbar Associates for Second LNG Terminal

May 10, 2015

Akbar Associates has won the bid for constructing the second liquefied natural gas (LNG) terminal in Pakistan by offering the lowest tariff of 49.87 cent per million British Thermal Unit (mmbtu) for the LNG terminal. The board of Sui Southern…

Evergreen Launches New Shipping Route in SE Asia

May 10, 2015

Taiwan's Evergreen Marine Corp. is launching a new service soon to Vietnam, Singapore and Malaysia in a bid to tap into the booming economy in the Association of Southeast Asian Nations (ASEAN). Starting today (May 10), two 1,164 twenty…

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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