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ICS Alters Position on Ballast Water Convention

Dec 17, 2014

The global trade association for merchant shipowners, the International Chamber of Shipping (ICS), has modified its stance towards the ratification by governments of the International Maritime Organization (IMO) Ballast Water Management Convention…

INTERTANKO Launches ECA Bunker Surcharge Clauses

Dec 17, 2014

INTERTANKO’s documentary committee has launched bunker surcharge clauses for Emission Control Areas (ECA). Rising bunker prices due to rising oil prices and volatility in global politics can have a dramatic effect on trade as they fluctuate not just day to day…

Petrobras CEO: C-Suite Managers May Have to Resign

Dec 17, 2014

Senior management at Brazil's state-run oil company Petroleo Brasileiro SA may have to resign to avoid further delays of the company's audited third-quarter earnings report, Chief Executive Maria das Graças Foster said on Wednesday.Foster…

WCI Applauds Barge Diesel Fuel User Fee Increase

Dec 17, 2014

Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee.  The provision was a part of tax extenders legislation that was combined…

USCG Provides SAR Planning Support to Korea

Dec 17, 2014

Coast Guard search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov. 30, 2014, near Chukotka, Russia, in the Bering Sea.The…

Crewboat Sold to European Buyers‏

Dec 17, 2014

Marcon International, Inc. of Coupeville, Washington infomred that Tidewater Marine International Inc. has sold their 41.2m x 8.2m x 3.5m depth / 2.38m draft, high-speed, aluminum crew / supply vessel “Patrice Tide” to private European operators…

Vard Wins Farstad's OSCV Contract

Dec 17, 2014

Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”).The vessel will be of VARD 3 17 design, with a total length of 98 meters and a beam of 21…

WCI Applauds Passage of New Barge Tax

Dec 17, 2014

Waterways Council, Inc. (WCI) and its members and stakeholders tonight applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee. The provision was a part of tax extenders legislation that…

Nordic Maritime Bags Seismic Survey Contract

Dec 17, 2014

Nordic Maritime Pte. Ltd., has been awarded the contract to provide 2D seismic survey work in Indonesia by MultiClient Geophysical (Pte) Ltd. (“MCG”). This survey is expected to commence in December 2014 and will take approximately 60 days to complete…

CSL St-Laurent on Maiden Voyage

Dec 17, 2014

The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island…

Panama Canal Expansion Moves Ahead

Dec 17, 2014

The works for the grout curtain to protect the foundation of Borinquen 1E Dam concluded today. The grout curtain is 2.4 kilometers long and 15 meters deep under the core of the foundation of Borniquen 1E Dam, located on the west side of Pedro Miguel Locks…

Coast Guard Foundation Chosen Charity on Celebrity Apprentice

Dec 17, 2014

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that this season, Sig Hansen, captain of the F/V Northwestern and star of Discovery’s Deadliest Catch…

Breakthrough Capability Keeps Subs, Ships Safe

Dec 17, 2014

Interactive software that can dramatically cut the time it takes to plan safe submarine missions is crossing over to the surface fleet and is being installed this month on the guided-missile cruiser USS Mobile Bay (CG 53), officials announced Dec…

NewLead & Ironridge Global Reach Settlement

Dec 17, 2014

NewLead Holdings Ltd. announced today that the Company reached a full and final settlement with Ironridge Global IV ('Ironridge') on December 11, 2014 of all disputes between the parties. Pursuant to the settlement, the arbitration proceedings…

Nigeria Maritime Workers' Strike Looms Large

Dec 17, 2014

There are strong indications that the Maritime Workers of Nigeria (MWUN) may shut down port operations nationwide from tomorrow (17 December), and begin an indefinite strike over a number of longstanding issues.At the weekend, the union…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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Air India A320 issued warning of stall when seatbelt sign off, injuring 24 investigators claim
Son of Sri Lanka's ex-president arrested on corruption charges
Wall Street Journal, September 4,