Three ships were involved in a collision on the lower Mississippi River near Convent, Louisiana, Monday when a bulk carrier broke free from its mooring and drifted into a moored towing vessel and then an offloading tank ship. The U.S. Coast Guard is responding…
An uncertain future, an unparalleled record of safety and a history of many ‘industry firsts’ propel Excelerate into the next phase of an always exciting and ever-changing global LNG market. The view from a market leader brings it all into focus…
The gas tanker Grand Elena, jointly owned by PAO Sovcomflot and the Japanese company NYK, has embarked on her hundredth voyage from the port of Prigorodnoye in Russia to Japan. The vessel is undertaking her latest shipment of liquefied natural…
Knightsbridge Shipping Limited has completed its previously announced merger with Golden Ocean Group Limited.In connection with the closing of the merger, Knightsbridge will change its name to Golden Ocean Group Limited. Trading in the shares…
This past summer produced an order for the world’s first very large ethane carrier (VLEC), shining the industry spotlight on a traditionally niche gas sector whose promise had grown to require a dedicated fleet of ships for intercontinental trade…
The unmatched track record and expertise that Wärtsilä has in LNG fuel solutions for the marine industry is again emphasised with the company's launching of a new series of LNG Carrier ship designs. This series of designs is the latest addition…
More than 700 union workers at the largest U.S. refinery unanimously approved a new contract in a vote at their union hall in Port Arthur, Texas, on Tuesday night, said union officials.The United Steelworkers union (USW) also said workers…
The chief financial officer of commodities firm Trafigura, Pierre Lorinet, who led the trading house's headquarters relocation to Singapore from Switzerland in 2012, is stepping down from October, Trafigura said on Monday.Lorinet, 43, said…
The State of Washington’s Department of Ecology has honored Crowley Maritime Corporation’s petroleum services division with the Exceptional Compliance Program (ECOPRO) award in recognition of excellence in marine safety and environmental stewardship…
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…
Inchcape Shipping Services (ISS) has marked a milestone with its 100,000th hub appointment for Maersk Tankers.For the past week, ISS staff across the company’s global network have been actively following vessel activities to see which tanker would take the golden ticket…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…
Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals. This is the…
Personal friendships are turning sour as some workers cross picket lines in the lingering U.S. refinery strike, with companies pushing laborers to return to work by saying they could lose their bonuses.A month into the biggest U.S. refinery walkout in 35 years…
The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015. These new technical…
