NASSCO Bags USS Oak Hill Modification Award
General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51).
Young Taken on PESA Advisory Board
Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.
Cosco: No to Shark Fin
China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins, says SCMP. It called the move a "body blow" to the international shark's fin trade.
Panama Canal Launches Green Award System
The Panama Canal has launched the Green Connection Award, a new initiative to recognize customers who demonstrate excellent environmental stewardship, and to encourage…
Thyssenkrupp Involves in Panama Canal Expansion
Thyssenkrupp supplied 14 innovative elevators for expansion of the Panama Canal , seven for each new lock complex, one of which is on the Atlantic side and the other on the Pacific.
LNG: Did the Greeks Get it Wrong?
In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the…
MOL Signs Long-Term Charter with Uruguayan JV for FSRU
Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a…
Kerry to Press ASEAN meeting for talks on SCS Disputes
U.S. Secretary of State John Kerry will urge Southeast Asian nations in meetings in Laos next week to find diplomatic ways to launch talks with China on easing tension…
US Navy Tests Latest Aegis Weapon System
The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.
Pathogenic bacteria hitchhiking to North and Baltic Seas?
For the first time, AWI scientists have found evidence of living, potentially pathogenic vibrions on microplastic particles. With increasing water temperatures comes…
Ithaca’s FPF-1 platform to be moved to Stella field
Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.
Antwerp Port CEO Scoops Baron Title
After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium the…
Team Britannia, GAC Inks Partnership Deal
As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner.
Live Fish Carrier Launched at Gondan
At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel…
Libya's PFG to Lift Terminal Blockades
Petroleum Facilities Guard has blocked terminals for months. Ras Lanuf, Es Sider terminals damaged by fighting. Libya's Petroleum Facilities Guard (PFG) will start…
Migrants Survivors Tell of Struggle at Sea
The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.
Wärtsilä Environmental Efficiency for Hybrid UK Ferry
A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to ensure a high level of environmental efficiency. In addition to conventional fuel, the new vessel will be the first ferry to utilzse Wärtsilä hybrid battery technology to improve efficiency, reduce the exhaust emissions and lower the noise level.
SENER Presents Two FORAN Papers at the Morintekh
In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik 2016 Scientific Conference, in the city of St. Petersburg, Russia. This key event for the shipbuilding sector was attended by over 300 professionals, who presented their latest technological developments and their experience in the implementation of different solutions. SENER, which had previously participated in this event…
Asia-N.Europe Box Rates Fall 8.1 pct
Freight rates for transporting containers from ports in Asia to Northern Europe fell 8.1 percent to $713 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index showed according to a source with access to the data. In the week to Friday, container freight rates dropped 12.4 percent from Asia to ports in the Mediterranean, fell 8.8 percent to ports on the U.S. West Coast and were down 6.8 percent to ports on the U.S. East Coast.
Unipec: U.S. ANS Destined for Sinopec
Arbitrage opens after ANS discount widen on ample supplies. Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a…