Commissioner William P. Doyle’s in a statement today said, 'I am voting to take no further action on the Hanjin/UASC/CMA CGM/CSL Vessel Sharing and Slot Charter Agreement. This agreement is scheduled to become effective on January 2, 2015…
Concordia Maritime has just renewed its contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement will run until the summer of 2015.“This…
State-of-the-art facility in Corozal receives green light from canal’s board of directors The Panama Canal board of directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region…
Port Freeport will have a new administration building set to be completed by early 2016. The new three-story, 20,000 sq. ft. administration building will be located at the corner of Cherry Street and State Highway 288 in Freeport, Texas. The…
The governors of New York and New Jersey vetoed sweeping legislation passed by lawmakers in both states intended to reform the embattled bi-state Port Authority, according to a joint statement released on Saturday. The legislative reforms…
Arctech Helsinki Shipyard is now 100 percent Russian-owned as United Shipbuilding Corporation bought the remaining half of the company’s shares from STX Finland Oy. Arctech Helsinki Shipyard Inc. was founded in December 2010 as United Shipbuilding…
Alexey Miller, Chairman of the Gazprom Management Committee, inaugurated today a new office building of Gazprom Export in St. Petersburg.Taking part in the ceremony were Mikhail Mokretsov, Vice-Governor of the city of St. Petersburg, Alexander Medvedev…
On 12 September 2011, Singapore Technologies Engineering Ltd announced that the Corrupt Practices Investigation Bureau (“CPIB”) was investigating certain transactions involving former and current employees of Singapore Technologies Marine Ltd (“ST Marine”)…
Justin Archard. Managing Director, Asia Pacific & Oceania at SAL Heavy Lift Singapore Pte Ltd sees a turnaround in the Heavy lift and Over Dimensional Cargo tranport segment. As one of the world’s leading carriers specialised in sea transport of heavy lift and project cargo…
BOURBON completes vessel sales to ICBC Financial Leasing and Standard Chartered Bank and announces new sale and bareboat charter agreement with Minsheng Financial Leasing Co. BOURBON has completed the transfer of ownership under the agreements…
BAE Systems in the U.K said it will take on 710 apprentices in 2015, the highest intake in the company’s history. Next year's intake surpasses the record set in the previous year by 142 places and includes 45 places for apprentices who will…
The International Monetary Fund will resume bailout talks with Greece once a new government is in place after next month's snap general election, IMF spokesman Gerry Rice said in a statement on Monday, noting that Athens faces no immediate funding needs…
The Board of Directors of Swissco Holdings Limited and its subsidiaries have informed shareholders of the Company that the Group has discovered that an aggregate amount of approximately S$2.58 million was misappropriated from the accounts…
BG Group today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will…
An important initiative by Wärtsilä to support and stimulate the maritime economy in South Africa has come to fruition with the delivery of a state-of-the-art Wärtsilä 20 engine. The engine has been donated by Wärtsilä to the Nelson Mandela Metropolitan University (NMMU)…
