Logistics

Viking Orders 2 Liebherr Cranes

  An LR 1300 with super lift equipment and an LR 1160 crawler crane will strengthen the fleet of Viking Cranes. The Tallinn-based company with branch offices

Red Tape, Industrial Relations Could Stifle LNG Potential

  Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential

KPCT Launches New Gulf Service

  Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector.

Pipeline Spill Could Hamper California Oil Projects

  Hundreds of barrels of oil that gushed from a ruptured coastal pipeline in scenic California this week could stiffen opposition to large oil projects that companies want to build in the state,

Seaway to Receive Prestigious OECD Award

  The St. Lawrence Seaway Management Corporation (SLSMC) announced today that it will receive a prestigious award from the Organization for Economic Cooperation

Indonesia Rolls Out First Green Container Terminal

 It was an historic moment for Indonesia when President of Indonesia inaugurated the Lamong Bay Terminal in Surabaya, East Java, operated by state-owned PT Pelabuhan Indonesia III (Pelindo III).

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

 Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Celebration, Policy Reform on National Maritime Day

The Chamber of Marine Commerce today joins governments, policymakers, industry and the general public in celebrating the nation’s merchant marine industry, but

Iraq Exports Hold Close to Record High in May

Iraq's oil exports have held above 3 million barrels per day (bpd) so far in May, according to loading data and an industry source, keeping shipments from OPEC's

IRM Systems Opens Operations Base in Houston

IRM Systems, the independent authority on emergency pipeline repairs, announced that it has opened a new base of operations in Houston, Texas.   Improving efficiencies

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

Statoil Comes up Dry in Norwegian Sea

Oil and gas firm Statoil hit a dry well in the Southern part of the Norwegian Sea, the Norwegian Petroleum Directorate said on Friday. The well was drilled in

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Talks Fail, Norwegian Drillers Call in Mediator

Wage talks involving thousands of Norwegian offshore oil workers broke down late on Thursday, unions and employers said, raising the risk of a strike that could

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Brent Slips Towards $66 Before Long Weekend

Islamic State advances in Iraq, Syria raise supply worries; U.S. crude futures set for 10th consecutive weekly rise. Oil prices slipped on Friday as worries

U.S. Sticking to Biofuel 'blend wall'

U.S. authorities are set to shake up the nation's complex and contentious renewable fuels policy in the coming days, issuing requirements expected to affirm that use of ethanol in motor fuels has,

Total Hosts Climate Talks with Big Oil

French oil major Total is hosting a meeting of the world's biggest oil companies over the sector's action plan ahead of U.N. climate talks in Paris at the end of the year.

WFP: Aid Cargo for Yemen will be Delivered After Ship Docks

The World Food Programme will deliver a cargo of Iranian aid for Yemen once the ship carrying it reaches Djibouti's port, the U.N agency said on Friday. Earlier

Long Beach Port to Set-up Peak Relief Chassis Fleet

  The Port of Long Beach will seek bids on the creation of a new fleet of truck chassis for peak periods of the year, complementing the existing equipment used

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