Restrictions on Vessels with Hazardous Cargo at Tianjin Port
Inchcape Shipping Services is advising that Tianjin Municipal Transport Commission has issued notice to Tianjin Port to cease handling tankers and container ships carrying hazardous substances.
MacGregor's Improved Lashings Storage System
MacGregor, part of Cargotec, has developed a new 40ft flat rack loose lashings storage system that is designed to make better use of available deck space. "An overall trend for twistlocks…
Conrad Industries 2Q Revenue Shrinks
Conrad Industries, Inc. announced today its second quarter and six months 2015 financial results and backlog at June 30, 2015. For the quarter ended June 30, 2015…
USCG Gets New Vice Commandant
U.S. Coast Guard Vice Adm. Charles Michel formally assumed the role of vice commandant of the Coast Guard during a ceremony at U.S. Coast Guard Headquarters Monday.
Beiderbeck Motoryacht from Horizon
A new masterpiece from Beiderbeck Designs: in Taiwan, the yacht designers from Bremen are using the technical platform of a 33-metre long Horizon motoryacht for…
Shell, COSCO Ink Appomattox Platform Transportation Deal
COSCO Shipping Company Limited (COSCOL) signed a contract with Shell Offshore Inc. on 6 July 2015, for the transportation of…
World Shipping Hit by Slump in Global Trade
Dashing hopes of a quick recovery from the global trade recession earlier this year, world shipping has fallen into a deep slump over the late summer, says a report in the Telegraph.
Clarkson Sinks in the Rougher Seas
Shipping company Clarksons has published profits of GBP6.2mln, down 36.7 per cent on the first six months of the previous year, citing “severe challenges faced…
Major Shipping Companies Comes to Israel
The direct line shared by the world’s largest shipping companies Maersk and MSC is coming to Israel for the first time – as part of their massive 2M Alliance. Shipping…
Diana Fixes Artemis to China Shipping
Diana Shipping Inc, a global provider of shipping transportation services through its ownership of dry bulk vessels, has chartered out one of its panamax bulkers - Artemis (76…
Adani in Pact with Kerala for Vizhinjam Port
The government of Kerala State in India and Gujarat-based Adani Group has signed the work contract agreement for development of the Rs 7,525-crore ($12 billion)…
Cardiff Marine orders Four Aframaxes from Jiangsu Hantong
Jiangsu Hantong Ship Heavy Industry Co.,Ltd. (HT) has signed 4+2 115,000DWT Aframax Oil Tankers contract with Cardiff Marine. The Chinese shipbuilder said the tankers…
IBM, MPA Team Up to Improve Port Technology
The Maritime and Port Authority of Singapore has signed a memorandum of understanding with IBM to research ways to ease traffic congestion, improve safety standards…
Drewry: Cosco, CSCL Merger to Shake up Container Shipping
Industry analyst Drewry believes that the proosed merger between Chinese state-owned companies, Cosco and China Shipping Container Lines (CSCL), could cause a domino…
Brazil to Hold New Subsalt Oil Auction by 2017
The Brazilian government plans to hold a new oil bidding round for areas in the subsalt polygon by 2017, the secretary of oil and gas at the Mines and Energy Ministry…
NOIA Praises US Approval for Shell Arctic Drilling
National Ocean Industries Association (NOIA) President Randall Luthi today issued a statement offering his praise of Royal Dutch Shell’s revised Application to Drill in the Chukchi Sea. The Interior Department granted Shell final approval to drill into the oil zone in the Chukchi Sea off northern Alaska after the Fennica, an icebreaker the company leases that carries an emergency capping stack, was repaired after suffering a gash in its hull.
US Gives Shell Final Nod to Drill for Oil in Arctic
The Obama administration on Monday granted Royal Dutch Shell the final permit to drill for oil and gas in the Arctic for the first time since 2012, a move environmentalists vowed to fight. The Interior Department gave Shell the final permit to drill into the oil zone in the Chukchi Sea off northern Alaska after the Fennica, an icebreaker the company leases that carries emergency well-plugging equipment, was repaired after suffering a gash in its hull.
Tenneco, Texas A&M Partner on Emissions Solution
Sea trials, training and scholarship program designed to educate students on clean air technologies. Tenneco, a global supplier of Clean Air aftertreatment technologies…
Case Study: Samalaju Port’s New Bulk Handling Facilities
Paul Charlton, Managing Director of BMT WBM’s Machinery Group discusses the new bulk handling facilities being built at Samalaju Port in East Malaysia. In its efforts to efficiently service the anticipated increase in cargo which will be generated by industries relocating to the Sarawak Corridor of Renewable Energy (SCORE), Bintulu Port Holdings Bhd, a Malaysian government-linked company, is investing…
Former Petrobras Exec Sentenced for Samsung Drillship Bribe
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress. Cervero and two other defendants are accused of organizing bribes from Korean shipbuilder Samsung Heavy Industries in exchange for two drillship contracts…
