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China's Crude Imports Surged 25% in July
China's crude imports surged 25% in July from a year earlier, as massive purchases made while prices collapsed in April arrived and as some shipments delayed at ports in June finally cleared customs.China, the world's top crude oil importer, brought in 51.29 million tonnes of oil last month, equal to 12.08 million barrels per day (bpd), data from the General Administration of Customs showed on Friday.That…
Freight Rate Trends: Upcoming Free Supply Chain Webinar
Drewry Maritime Research says it is hosting a free webinar for supply chain professionals to explain recent trends in ocean & air freight rates and provide an outlook for the future.
Lockheed, Austal Respond to U.S. Navy Query on Small Warship Ideas
Lockheed Martin Corp and Australia's Austal on Thursday submitted their best ideas for the U.S. Navy's next small warship, as a Navy task force continues to reassess the future of its $34 billion Littoral Combat Ship (LCS) program. The Navy last month asked U.S. and foreign weapons makers to submit cost and technical data on ship designs and weapons to inform the work of a task force that is due to report on various options by July 31, in time to help shape the Navy's fiscal 2016 budget request.
Navy Cuts One Littoral Combat Ship in 2015
U.S. WASHINGTON, April 10 (Reuters) - The U.S. Navy hopes to smooth out the impact on Lockheed Martin Corp and Australia's Austal of a budget-driven decision to…
MOL Bulker Rescues Sailors from Disabled Boat
Mitsui O.S.K. Lines, Ltd. said that on July 4, the MOL-owned and operated bulk carrier Myoken conducted a search and rescue operation about 130km northwest of the…
July 1: The Time is Now
As maritime regulators in various countries prepare to implement the ISPS Code rigorously, with effect from next Thursday, analysts are watching shipping security developments closely.
American West Steamboat Purchases Columbia Queen
American West Steamboat Company is adding a third vessel, the Columbia Queen, to its fleet of luxury overnight small cruise ships that will operate on the Columbia, Willamette and Snake Rivers.
