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Latest News - page 1798

 

New Chairmen at Three Chinese Oil Firms

May 04, 2015

China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which faces the challenges of spending cuts, low oil prices and easing demand.Earlier…

‘RASI’ Charity Rowers ‘Smashed It’ Round Singapore

May 04, 2015

Charity endurance event ‘Row Around Singapore Island (RASI)’ beats electrical storm and finishes with time triumph, high emotion and VIP celebrations at the finish line.‘Mission RASI’, took place last week as part of Singapore’s 50th Anniversary celebrations…

BMT Innovation Recognised in AWA Awards

May 04, 2015

BMT WBM (BMT), a subsidiary of BMT Group Ltd, has announced that the Hawkesbury-Nepean River and South Creek model, developed for Sydney Water has been awarded the Program Innovation Award at this year’s Australian Water Association’s (AWA) New South Wales (NSW) Awards…

USCG Establishes Diver Specialty

May 04, 2015

The Coast Guard announced Wednesday the establishment of the diver enlisted rating and corresponding chief warrant officer specialty.About 50 enlisted personnel and three chief warrant officers will initially transition to the Diver (DV) rating and Diving (DIV) specialty…

Shipping Industry Faces Major Dilemma on BWM

May 04, 2015

The Round Table (RT) of International Shipping Organisations (comprising BIMCO, the International Chamber of Shipping, Intercargo and INTERTANKO) is deeply concerned if the international convention to regulate ships’ ballast water comes into…

Wärtsilä 50DF Engine Operates on Ethane

May 04, 2015

The Wärtsilä 50DF marine engine has been tested and certified to run on ethane (LEG) fuel. The testing program was carried out by Wärtsilä in close collaboration with Evergas, an owner and operator of seaborne petrochemical and liquid gas transport vessels…

Nederex, Damen Shipyards sign MOU with CPA

May 04, 2015

Curacao Ports Authority NV ('CPA') signed a Memorandum of Understanding with Nederex BV. (Nederex) and B.V. Damen Shipyards Gorinchem (Damen) on the 30th of April.  Damen Shipyards and Nederex are engaged in ship repair and the provision of maritime services…

Indian Navy To Limit Ship Buys to Domestic Yards

May 04, 2015

The Indian Ministry of Defence has directed future warship and submarine building orders be given only to domestic shipyards. The Navy has potential orders worth more than US $50 billion over the next 10 years for ship and submarine builds…

Giant Hanjin Boxship Catches Fire in Suez

May 04, 2015

Suez Canal Authority said it controlled a blaze in a British container ship passing the waterway Friday, leaving no human losses. An ultra-large container ship owned by Hanjin Shipping caught fire while underway just south of the Suez Canal on 1 May…

Asian Tanker Hijacked in Malacca Straits

May 04, 2015

The Singapore-flagged Ocean Energy was hijacked in the Straits of Malacca on Saturday and fuel siphoned from tanker. According to a report from the Southeast Asian piracy watchdog ReCAAP, the taker bound for Myanmar is the fifth to be targeted by robbers since the start of 2015…

Thousands of Migrants Rescued in Mediterranean

May 04, 2015

The Italian coastguard has said it had coordinated the rescue of thousands of migrants as they sailed across the Mediterranean on rickety boats, bringing the number of people rescued this weekend to 5,800. The migrants were to be taken…

Suezmax Tanker Market on the Rise Yet Again

May 04, 2015

Suezmax tankers are looking good for a strong 2015 year, before posting a mild downside during 2016, but are poised to accelerate yet again in 2017 on rising deliveries, said shipbroker Charles R. Weber in its latest weekly report (Ref. Weekly…

USD 1.83 Billion Singapore Mega Port Project at Tuas

May 04, 2015

The Maritime and Port Authority of Singapore (MPA) and the Dredging International Asia Pacific-Daelim Joint Venture (DDJV) have inked a contract for the USD 1.83 billion Tuas Terminal Phase 1 Reclamation, Wharf Construction and Dredging Project…

US Doesn't Buy China's Pitch on South China Sea

May 04, 2015

The United States of America has rejected a suggestion by a top Chinese military official that it use Chinese facilities on disputed islands in the South China Sea for international rescue and relief operations, reports AFP. US President…

Big Waves Pound, Cruise Ship Diverts Course

May 04, 2015

Carnival Imagination, a cruise ship headed to dock in Long Beach, was diverted to San Diego Sunday due to forecasts of high surf in Long Beach. Vacation-goers expecting to embark on a Carnival cruise to Mexico instead found themselves sitting on a shuttle en route to San Diego…

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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Haldia Petrochemicals plans to use more LPG in the face of the Iran war threatening feedstock supplies
Enbridge, a Canadian company, will buy Tallgrass Crude Oil for $2.55 billion.
Merz: Drone attack on airport by Russia prepared for by Merz narrowly avoided disaster