Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea…
Essar Ports Ltd. a part of Essar, today announced its unaudited results for the quarter ended 31st December 2014.Highlights of Consolidated Results:Revenue for the quarter stands at Rs. 434.3 cr, an increase of 9% over corresponding quarter in FY14…
The European Union's second highest court on Thursday annulled EU sanctions on an Iranian bank and 40 shipping companies hit with asset freezes as part of pressure on Tehran over its nuclear programme. But they will remain under sanctions…
U.S. System Approvals are Key; Detailed Pre-Planning UrgedTen years on, there’s little certain about ballast water management regulations that the industry can chart a course around other than that it will be expensive – possibly the most costly marine retrofit to date…
Congressman Joe Courtney (CT-2) and Congressman Steven Palazzo (MS-4), along with 30 bipartisan House colleagues, sent a letter this week to Senate leadership urging opposition to an amendment that they say would strip domestic construction…
The Port of Rotterdam Authority has opened a second secure trailer car park on Theemsweg in the Botlekgebied, which enjoys a central location. There are 107 slots for loaded and empty trailers.The Theemsweg facility is a follow-up to…
Dense fog is expected to persist until 1100 hours local time today (21 January), and the ports of Houston, Galveston and Corpus Christi have been closed since yesterday evening.At the time of reporting, Freeport was open.There are…
Bunkering rose again for the first time since 2011 in Rotterdam, the biggest bunker port of Europe: 10.6 million tonnes compared to 10.4 in 2013. The whole of the increase is accounted for by marine gas oil and diesel; sales rose from 500…
Bunker Holding, the parent company of a group of global bunker companies, has hired Casper Pasgaard Dybdal as Legal Counsel, effective December 1, 2014.The new Legal Counsel will be based in Aalborg and form part of Bunker Holding’s Credit Department…
A new clause for dry cargo voyage charters is set to plug the gap in contracts that do not address ship-to-ship transfer (STST) cargo operations.STST cargo operations are a common feature in most tanker voyage charters, but rarely form part of dry cargo standard forms…
Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada.Mr. Arnell will be succeeded by Gary Smith…
Cummins Inc. announced that Distribution Business President Pamela Carter, the first woman to lead one of the company's four main business units, will retire April 1.Carter, who became Indiana's first African American woman Attorney General in 1993…
The chief engineer of the doomed Sewol ferry who was jailed for 30 years for leaving behind two injured crewmates believed they were dead and had acted in 'a state of extreme fear and panic,' his lawyer told a South Korean appeals court on Tuesday…
PSA International Pte Ltd (PSA) handled 65.44 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2014. The Group’s volume increased by 5.8% over 2013 with the flagship PSA Singapore Terminals contributing 33…
MacGregor, part of Cargotec, has received a contract from STX France SA to deliver cargo and passenger access equipment for two cruise ships. The order was booked into fourth quarter 2014 order intake. MacGregor's 'turnkey' delivery includes the design…
