Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking relief from damages incurred through the bunkering of off-spec fuel oil in 2016, reports Arabian Industry…
DP World, the fourth biggest port operator globally, issued a response saying Djibouti’s refusal to acknowledge a London Court of International Arbitration ruling demonstrates that the government did not “recognize the international rule of law…
The new CEO of the Port of Newcastle, Craig Carmody, committed the Port of Newcastle to developing a world-class container terminal to boost jobs and business opportunities in the Hunter region and dramatically reduce the number of trucks on…
Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9. The FSRU is scheduled to be delivered in the fourth quarter of 2018. The facility…
Thun Tankers will strengthen the existing fleet with m/t Wisby Teak, said a press release from the company.The Wisby Tanker owned vessel will enter the Gothia Tanker Alliancea leading European tanker network for coastal tankers, with immediate effect and be commercially managed by Thun Tankers…
Star Bulk Carriers Corp. announced that it has consummated the previously announced acquisition of 16 dry bulk vessels in an all-share transaction, from entities affiliated with Augustea Atlantica SpA and York Capital Management.The final consideration for the Augustea Vessel Purchase is 10…
GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management System certification, demonstrating its ability to provide quality warehousing, distribution and value-added services of medical devices that meet the high standards of the sector and the regulations that govern it…
IMTRA, manufacturer and importer of solutions and products for the marine, energy and transportation markets, has announced new hires and promotions. The company has hired Brad Norton and Van Noorden and promoted Kinder Woodcock and Nate Cabral…
Transhipment in the North Sea Canal Area at the seaports Amsterdam, IJmuiden, Beverwijk and Zaanstad declined to 49.4 million tonnes in the first half of 2018, a decrease of 5.1%. The Port of Amsterdam saw transhipment fall by 4.8% to 40.2 million tonnes…
Maersk Line, the global containerized division of the Maersk Group, announced the commencement of its new commercial office in Kathmandu, Nepal from 1st of June this year.Maersk Line since its entry into the Nepal market over 20 years back has…
Teekay Offshore GP entered into shipbuilding contracts to construct two LNG-fueled Aframax DP2 shuttle tanker newbuildings from Samsung Heavy Industries for delivery in late-2020 and early-2021, bringing the Partnership’s orderbook to six shuttle tankers…
Just months after moving its corporate headquarters to Perth in order to strengthen relationships with Western Australia’s largest Oil & Gas clients, Bhagwan Marine has expanded its fleet further to meet the needs of those clients.The CMV Athos…
Port of Amsterdam said the maximum Environmental Ship Index (ESI) discount is doubled for ships with ESI certificates and liquefied natural gas (LNG).For some years Port of Amsterdam has been giving discounts on port dues to vessels listed in…
Coltraco Ultrasonics Chief Executive, Carl Stephen Patrick Hunter, has been welcomed onto the Board of Trustees at The Royal Institution of Naval Architects (RINA), an internationally renowned professional institute at the heart of surface and sub-surface ship design…
Diana Shipping announced that, effective August 1, 2018, the Company increased the size of its Board of Directors from nine to eleven members.The global shipping company specializing in the ownership of dry bulk vessels appointed Christos Glavanis to serve as a Class I Director and appointed Mr…
