Diesel Tankers Turn to New York after Stocks Drop
Tankers carrying diesel from Asia and Europe, including a giant 200,000 tonne cargo, are sailing towards New York where fuel supplies have dropped to a three-year…
PDVSA Retrenches in Caribbean
Venezuela's PDVSA will let the 335,000 barrel-per-day refinery it leases in Curacao halt operations once crude inventories are exhausted as no new shipments are planned to the Caribbean following ConocoPhillips's legal actions, according to two sources.PDVSA is also changing its trade arrangements to start delivering all its oil for exports in Venezuelan waters, including the ship-to-ship transfers that have to be made for sending cargoes to Asian destinations.Conoco last week started several le
New Radar Agreement Strengthens Safe Sailing
Kongsberg Norcontrol has signed a framework agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service.The agreement has a potential total value of up to NOK 250 million ($31 million) and a duration of up to eleven years.This is amongst the largest framework agreements the Norwegian Coastal Administration has entered into with…
Top Container Shipping Lines Reviewing Iran Operations
The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States, five other world powers and Iran, lifted sanctions on Tehran in exchange for limits to its nuclear program.U.S. President Donald Trump also instructed his administration to re-impose U.S.
Efficient New Dinner Cruiser
Wise visitors to Bangkok will be sure to take a Chao Phraya river cruise past the spectacular Temple of the Dawn, Wat Arun, and the glories of the golden spired Grand Palace. The ultimate way to do this is on a dinner cruise with a buffet of the celebrated Thai food.This has become such a popular experience that the river at night becomes a spectacular parade of beautifully lit low-slung river cruise ships gliding under bridges and moving sedately amidst that city’s lights and sights.
US Fines Shipping Company $1 Mln for Pollution Crimes
A Japanese shipping company will have to pay $1 million after being convicted and sentenced for obstruction of justice and falsification of an Oil Record Book to…
Record 16 Companies Register for Brazil Pre-salt Auction
A record 16 oil companies, including heavyweights like Royal Dutch Shell Plc, have registered to participate in the so-called fourth round of bidding for stakes in Brazil's coveted pre-salt layer, oil regulator ANP said on Thursday.American firms Chevron Corp and Exxon Mobil Corp, Norway's Statoil and France's Total SA are also registered for the June auction of blocks in the offshore play, where billions of barrels of oil are trapped under a thick layer of salt below the ocean floor.(Reporting
US Military Seeks Rules for Drilling in Gulf of Mexico
An expansion of oil drilling in the eastern Gulf of Mexico would interfere with U.S. military testing unless the Pentagon and another agency develop rules to govern the work, the U.S. Department of Defense said in a report this week.The Defense Department concluded in a report it sent on Wednesday to U.S. lawmakers that drilling east of the Military Mission Line in the Gulf of Mexico, a demarcation more than 200 miles (320 km) west of Florida…
Diesel VLCC Maran Aphrodite Changes Destination to New York
Diesel VLCC Maran Aphrodite changes destination to New York.* A 200,000 tonnes diesel cargo onboard the very large crude carrier (VLCC) Maran Aphrodite changed its destination on Friday to New York fr
Cuba's Mariel Port Preparing for Mega Ships
Cuba's new Mariel deepwater container terminal hopes to further its plan to become a regional shipping hub by completing dredging next year so it can receive mega-sized vessels, its general manager Charles Baker said on Thursday.The terminal in Mariel Bay, 45 kilometers (28 miles) west of Havana, is located in an industrial park where Cuba is seeking to attract foreign investors with tax and customs breaks…
Baltic Index Rises to Over 20-wk High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday as rates for capesize vessels climbed to four-month highs.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 19 points, or 1.3 percent, at 1,472 points, its highest since Dec.
10,000 TEU Vessel Delivered to Seaspan
Seaspan Corporation said it has accepted delivery of the CMA CGM Cochin, a 10,000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A.
Iran's Oil Customers in Europe Might Reduce Imports
European oil companies are not ruling out reducing Iranian oil imports after the threat of new U.S. sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes.U.S. President Donald Trump said on Tuesday the United States was exiting an international nuclear deal with Iran and would impose new sanctions that seek to reduce oil exports from OPEC's third-largest producer.But as of Friday…
US Sorghum Reaches Spain as Traders Divert More Ships from China
A rare cargo of U.S. sorghum has arrived in Spain and will be followed by several more, shipping data showed, a sign that Spain's livestock industry is set to become one of the new homes for U.S.
Carnival Unveils Miami Fleet Operations Center
Carnival Cruise Line has previewed its new Fleet Operations Center (FOC) in Miami, the largest and most advanced in the cruise industry. The 35,000-square-foot facility…
Seafarers to Get Wages if Held by Pirates
The Special Tripartite Committee approved amendments of the Maritime Labour Convention providing for seafarers to continue to be paid if held captive as a result…
Navios Maritime Partners Adds One Panamax Vessel
Greece-based Navios Maritime Partners announced that the Navios Apollon I, a 2005-built, 87,000 dwt Panamax vessel was delivered on May 9, 2018. As previously announced…
Oil Spill Response in Equatorial Guinea
Emergency preparedness and response in the oil and gas sector was at the core of a workshop held in Malabo, Equatorial Guinea (7-10 May). The aim of the workshop…
Diana Shipping Bags TC for m/v San Francisco with Koch
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore…
APL Further Cuts CO2 Emissions
APL has announced a 50.7% reduction in carbon dioxide emissions per transported container per kilometer in 2017, compared to its base level in 2009. This achievement…
