According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits…
Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.R. 5270, the Growing American Shipping Act, which aims to modernize U.S…
ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN).The award for the precedent-setting ship…
In a move to expand its presence in the European energy markets, Ferguson Group, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules, engineering modules and accommodation solutions to the global offshore energy industry…
Leading integrated ship management service provider Thome Ship Management has become the first ship management company to join IMPA ACT, the responsible supply chain management initiative, launched by IMPA, International Marine Purchasing Association…
American Commercial Lines presented Marine Environmental Stewardship Awards on Wednesday, July 16 in Houston, Texas, recognizing 35 customers for safe handling of chemicals, petroleum products and other liquid cargos.The customers recognized…
Dryad Maritime gives warning of increasing SE Asia piracy. The warning results from the release of their Q2 figures, containing data that shows the area experiences the highest number of maritime crime incidents in 2014 in comparison with other traditional piracy hot spots…
Maersk Tankers, a unit of A.P. Moller-Maersk, said on Thursday it had quit four unprofitable crude oil charter contracts by buying out supertankers and selling them onwards, continuing its exit from crude oil transportation.The company now has charters for just two supertankers…
GTT launches its training center by welcoming delegates for the first courseGaztransport & Technigaz (GTT) announced that its new training center awarded certificates to the first group of delegates to complete a LNG Cargo Operations (SIGTTO management Level) training course…
EURONAV announces that it has raised $125 million in total in gross cash proceeds through a private placement of 10,556,808 new shares to institutional investors selected through an accelerated book build offering. Following strong demand, Euronav…
U.S. shipbuilders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale fields by building new tankers without having lined up customers to lease them.Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec…
Herbert-ABS says use of an approved damage stability computer program is the “only logical option” to meet new International Maritime Organization (IMO) Damage Stability Regulations requirements for onboard damage stability verification.Herbert…
USCG revises policy on transfer of cargo by foreign tank vesselsThe U.S. Coast Guard (USCG) Sector Houston-Galveston has established a policy governing the transfer of cargo by foreign tank vessels in advance of overdue safety compliance…
The United States Coast Guard informs that it has recognized ConocoPhillips subsidiary Polar Tankers, Inc. with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence. Vice Admiral Peter Neffenger, the USCG 29th Vice Commandant…
Well-established local criminal syndicate diversifying its targets rather than undertaking new operations says Denmark-based security advisory and intelligence company Risk Intelligence.The recent hijacking cases of coastal product tankers…
