Logistics

Grimaldi Orders Three PCTCs

 After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Is It Too Late To Tangle With Spike in Shipping Market

 A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.

NITC Claims World's Largest Supertanker Fleet

 According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

Mombasa Port Workers End Strike

 Mombasa, Kenya port workers end strike and returned to work on Friday after being warned they could lose their jobs, reports Reuters.   However the members of

Antwerp, Duisburg Ports to Upgrade Rly Link

  The Port of Antwerp and duisport are intensifying their cooperation as the Port of Antwerp will participate in the existing rail shuttle service connecting the two ports.

Litgas, Statoil JV to Develop Baltic Sea LNG

 Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production,

Greek Shipping Mulls Cyprus Move

 Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

NITC Tankers Chart Western Course

 Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

Summit Aims to Attract Young Women Transportation

Last week, senior U.S. Department of Transportation administrators, agencies such as the National Transportation Safety Board (NTSB) and Washington Metropolitan Area Transit Authority (WMATA),

Maersk Returns to the Port of Baltimore

Maryland Lt. Governor Boyd Rutherford, along with congressional, state and local officials, officially welcomed Denmark-based Maersk Line, part of the Maersk Group

Container Equipment Costs at Record Low

Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition

Thousands Evacuated After Freight Train Derails, Catches Fire

A freight train carrying flammable and toxic gas derailed and caught fire in Blount County, Tennessee, on Thursday, prompting the evacuation of more than 5,000 people,

Azeri SOCAR's First-half Oil Shipments via Russia Up

Azerbaijan's SOCAR shipped 678,046 tonnes of oil via Russia in the first half of 2015, up from 508,222 tonnes in the same period last year, the state energy company said on Thursday.

NOAA Seeks Applicants for Hydrographic Panel

NOAA is soliciting applications for membership on the Hydrographic Services Review Panel, a federal advisory committee that advises the NOAA administrator on the agency’s hydrographic programs,

UK's Hunting Warns of Profit Slump

Oilfield services company Hunting Plc  warned operating profit may slide by up to 75 percent this year as weak oil prices lead to ongoing cuts in oil drilling,

Oil Steady After Glut-Driven Losses

Oil prices steadied on Thursday after a day of steep losses driven by an unexpected build in U.S. crude stocks that added to a global supply glut. Traders were

KPA: Striking Mombasa Port Workers Must Return by Friday

The Kenya Ports Authority said on Thursday striking workers at the Mombasa port should resume work by Friday morning or lose their jobs, and that normal activities

California Zero Emissions Push Could Edge Out Natural Gas

Fifteen years ago, California led the way to cleaner transit buses with strict tailpipe emissions standards that effectively ushered out diesel as the primary fuel

Ukraine: We Can Survive Without Russian Gas

Ukraine expects to store enough natural gas for next winter despite cutting off imports from Russia and Russian flows crossing the country destined for Europe will not be disrupted,

Statoil, Lithuania Developing Baltic LNG Business

Norway's Statoil and Lithuania's Lietuvos Energija plan to join forces to develop a small-scale liquefied natural gas (LNG) supply operation, competing with Finnish gas utility Gasum.

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