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Tankers News

 

Product Tanker Sinks in Indonesian Waters

Feb 16, 2016

1983-built chemical tanker Nusantara Akbar  (built 1983) went down off Dumai in Indonesian waters of the Malacca Strait on Saturday after taking on water.  The 107-meter-long vessel, which reportedly suffered a leak in its engine room, started taking on water and subsequently sank…

Owner Fined for 'Dangerously Unsafe' Vessel

Feb 12, 2016

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe. Joseph O’Connor was fined at the hearing in Southampton Magistrates Court…

Bibby Tops IoM Ship Management

Feb 10, 2016

Bibby Ship Management is once again the largest representative for vessels flying the Isle of Man flag in providing representative services for 30% of vessel tonnage registered on the island. This compares with 25% in 2014, according to official statistics…

Hess sells Shannon LNG Terminal

Feb 09, 2016

New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported. The newspaper did not name the buyer for the site. The identity of the new owner of the…

Russia Confirms Tanker Seized by Niger Delta Militants

Feb 05, 2016

Russia’s embassy in Nigeria confirmed on Thursday that the Greek-owned oil tanker Leon Dias has been hijacked in the Gulf of Guinea, reports TASS. There are reports that the oil tanker hijacked by suspected militants from the Niger Delta has been freed and is now located some 7…

Crowley Celebrates Seven Million Man Hours Without LTI

Feb 04, 2016

Crowley Maritime Corporation’s tanker escort and docking services group in Valdez is celebrating over seven million man hours and more than six years since logging its last Lost Time Injury (LTI).   In addition to this remarkable number…

Maritime India Summit Road Show Kick Starts

Feb 04, 2016

Kolkata, 3rd Feb, 2016: Industry leaders, corporate heads, policy makers and senior executives took part in the very first road show which served as a run up to the Maritime India Summit’16.Maritime India Summit is being organized by the…

Piracy Hotspots Persist Worldwide -IMB Report

Feb 02, 2016

Piracy and armed robbery on the world’s seas is persisting at levels close to those in 2014, despite reductions in the number of ships hijacked and crew captured, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) annual piracy report reveals…

ABS, COSCO Partner on Arctic Shipping Development

Feb 02, 2016

Parties bring together technical capabilities on trans-Arctic shippingFacing changing climate conditions in the Arctic which have effectively generated new opportunities shipping in the region, classification society ABS and commercial shipper…

InterManager Condemns Mangouras Prison Sentence

Jan 29, 2016

InterManager has described as ‘abhorrent’, the decision by Spain’s Supreme Court to sentence the Master of the Prestige oil tanker, which sank off Spain's northwest coast in 2002, to two years in prison and has called on the shipping industry…

U.S. Seaports: Cargo Volumes Rise 3.1%

Jan 29, 2016

Seaports are seeing a steady rise in waterborne cargo volumes according to new numbers from U.S. Army Corps of Engineer’s report. Overall, 2014 freight tonnages increased 3.1 percent over 2013 totals.The Corps of Engineers’ Waterborne Commerce Statistics Center tracks the commercial movement of U…

Captain Mangouras Scapegoated Again

Jan 29, 2016

Spain wins Prestige appeal, branding Capt Mangouras a reckless criminal Spain’s Supreme Court has overturned the 2013 verdict of the Spanish court of first instance in La Coruna which had acquitted Capt Apostolos Mangouras, Master of the Prestige…

VARD's LNG Tank gets DNV GL Approval

Jan 29, 2016

VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design.The tank is the result of…

Navios Maritime Posts 4Q Profit

Jan 28, 2016

Navios Maritime Midstream Partners LP (NAP) on Wednesday reported fourth-quarter profit of $9.1 million. On a per-share basis, the company said it had profit of 44 cents. The operator of contracted crude oil tankers posted revenue of $25…

AMP Demands Retraction of Jones Act Report

Jan 27, 2016

The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today released a statement in response to the sheer number of factual errors in the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) – Jones Act: Protectionism v…

Logistics News

Baltic Nations Push for EU Ban on Russian Grain Exports

Baltic Nations Push for EU Ban on Russian Grain Exports

Veidekke to Upgrade Two Norwegian Ferry Terminals

Veidekke to Upgrade Two Norwegian Ferry Terminals

Russian Baltic Ports Boost Grain Export Capacity by 170%

Russian Baltic Ports Boost Grain Export Capacity by 170%

US Natural Gas Prices Steady as Storage Build Offsets Hurricane Isaias

US Natural Gas Prices Steady as Storage Build Offsets Hurricane Isaias

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