Evergreen Naming Ceremony for EVER LUNAR
Evergreen Group held the naming ceremony for EVER LUNAR today, the seventh of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony, which was officiated by Ms.
Doubts Linger Over Chinese-backed Nicaragua Canal
When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history…
USCG Rescues Man Stranded in Bahamas
A man who was stranded on an island in the Bahamas for five days is safe after the Coast Guard rescued him Thursday afternoon. Rescued was Andrew Black, Bahamian national, 55-years old. While on a routine patrol, a Coast Guard MH-60 Jayhawk rescue helicopter crew spotted a man waving his arms in distress on an uninhabited island off Inagua, Bahamas. The helicopter crew safely hoisted the man off the island and transported him to Mathew Town, Great Inagua Island, Bahamas.
Oil slides, Brent tests $60
Global oil markets fell again on Wednesday in holiday-thin trade, extending more than a week of see-saw volatility as traders jousted over whether a growing supply glut had been fully priced in. Oil whipped lower early in the day and tested new lows after U.S. data showed crude inventories unexpectedly rose by 7.3 million barrels last week to their highest December level on record. Analysts had expected a seasonal draw.
Es Sider Port Oil Tanks On Fire
A fire at an oil storage tank at Libya's Es Sider oil port has spread to two more tanks, officials said on Friday. The first oil tank was hit during clashes between…
ACP Receives $740 mln in Cost Overrun Claims
The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator said on Friday. A dispute between the canal and the consortium over cost overruns temporarily halted work on the expansion earlier this year and arguments over the project are now being heard in an arbitration court in Miami. The consortium, Grupo Unidos por el Canal…
Rosneft & GE Train Oil Cos Employees
Rosneft and General Electric have accomplished a training program for managers and engineers of the Company. The project was realized as part of the strategic partnership between Rosneft and General Electric. Modern challenges of global energy oblige leading companies of the world invest in human development. Rosneft treats this field of activity as a key one within the framework of the Company’s long-term development program.
MOL Seals Shipping Deal with Reliance
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated for a continuous Liquefied Ethane transportation by Very Large Ethane Carriers (VLEC). The transportation of Ethane will be carried out by six VLEC's from North America to India.
APM & NYK Plan RoRo facility at Pipavav
APM Terminals operated Gujarat Pipavav Port Ltd (APM Terminals Pipavav) and NYK Auto Logistics (India) today announced setting up of a dedicated automobile yard (RoRo) at Pipavav Port.
WESMAR Bow Thruster Integrate Safety
“The WESMAR thruster works really well. It turns the boat on a dime,” says Wylie Sacks of Pembroke Pines, Florida, who with his son, ‘Vinnie,’ a 100-ton licensed captain, operates a charter boat out of Ft. Lauderdale, Florida. They installed a WESMAR Model V2-10m 13 hp thruster on their 43-foot Torres the YB NORMAL. “The WESMAR thruster works really well. It turns the boat on a dime,” says Wylie Sacks of Pembroke Pines…
7th World Travel Award for DP World
consecutive year, at the prestigious World Travel Awards 2014. As the opening of the ultra-modern third cruise terminal was inaugurated by its namesake, His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, over 300 top decision makers in global travel and tourism were gathering at the 21st World Travel Awards celebration hosted in Anguilla. Mina Rashid, now home to the “Hamdan Bin Mohammed Cruise Terminal”…
DFDS Logistics starts Germany - Norway Service
The 29th of December 2014 DFDS Logistics will have the 1st sailing on the new route from Northern Germany to Norway. The loop of the new route will be Oslo-Halden-Bremerhaven-Hamburg-Oslo. The vessel on the new route will be MV Lysvik Seaways, a 7409 GT multipurpose vessel with both container and sideport cargo capacity. DFDS Logistics will be able to offer a very strong short sea product for commodities like containers…