Maritime Industry Top News
Wärtsilä Announces Management Changes
Professor Matti Kleimola, 54, Lic.Tech. has been appointed Group Vice President, Technology and a member of Wärtsilä NSD´s Board of Management effective July 15.
Dry Freight Markets Steady
Conditions on the dry cargo freight market were generally steadier for Capesizes on Wednesday, with the Baltic Cape Index posted at an unchanged 2,171, brokers said.
Tanker Hired To Evacuate Refinery Diesel
Indian Oil Corp. (IOC) hired a 106,000 DWT tanker on a month's charter to evacuate diesel from Reliance Petroleum Ltd's (RPL) refinery to India's east coast. "Liberian…
Wounded Ship Heads For Canada
Quebec City, Canada: The Hong Kong-flagged bulker Aptmariner was sailing to Quebec City, Canada, for repairs to damage caused by its grounding in St. Mary's river on May 5, Reuters reported.
Bulk Carrier Runs Aground
Mozambique: The Cyprus-registered bulk carrier Artemis SB, fully loaded with granite, ran aground at Beira port, Mozambique, on Sunday, May 7, Reuters reported.
OPEC Output To Stay Steady
OPEC President and Venezuelan Energy Minister Ali Rodriguez dismissed another increase in crude oil output in July, quelling speculation that a recent price spike…
Nedlloyd Posts Loss
Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of 17 million euros, but said it expected full-year results from ordinary activities…
Harland & Wolff Rescued
Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas…
Samudera Delivers First Of Two Tankers To Pertamina
Samudera Shipping Line delivered the first of two new 17,500 dwt tankers to Indonesia's state-owned oil and gas firm Pertamina. The vessel, M/T Sinar Mas, had a…
Norwegian Union Members Head Back To Work
Norwegian union members went back to work Tuesday, ending a six-day strike that hit everything from oil exports to hotels in the nation's most serious labor dispute since the 1980s.
P&O Nedlloyd CEO Resigns
Tim Harris, a director and chief executive of Anglo-Dutch container shipping venture P&O Nedlloyd has resigned effective immediately. "There was a divergence of…
Harland And Wolff Workers Accept Pay Offer
Workers at Harland and Wolff shipbuilders narrowly accepted a pay offer that could throw a lifeline to the yard that built the Titanic, their union said. The margin…
AP Moller Unit Orders $300M Oil Rig
Oil and shipping conglomerate A.P. Moeller has placed a $300 million order with a South Korean shipyard for a new jack-up oil rig for its Maersk Drilling unit. Officials…
Hyundai Wins Container Terminal Order
South Korea's Hyundai Engineering & Construction has won a $510 million order to build a container terminal in Hong Kong. Hyundai was reportedly awarded the deal by a group of Hong Kong companies…
Iceland Merchant Seamen Strike Ends
Iceland's merchant seamen on Sunday called off a strike that had idled shipping for a week. The agreement means that the nine ships currently idle in Icelandic ports can now resume operations.
Indonesian Ferry Sinks
At least 38 people died and 70 are missing after an Indonesian ferry sank on Sunday. The Japanese-built ferry Masnait was carrying 192 people when it went down after…
OPEC Ministers Favor No Output Change
OPEC officials said all OPEC ministers are in favor of leaving oil production levels unchanged at an extraordinary meeting of the cartel scheduled for next month.
Fishermen Drown During Rescue Effort
Thirteen fishermen drowned off Mauritania last week hunting for a colleague who had fallen from another boat earlier, port sources in the northern port of Nouadhibou said.
Cambodian Ship Sinks In Yangtze River
A Cambodian ship carrying steel sank after colliding with a Panamanian cargo-free ship in the lower reaches of the Yangtze River, officials said on Friday. No injuries or casualties were reported…
Norwegian Tanker Captain Faces Charges
The Croatian captain of a Norwegian tanker faced criminal charges after U.S. Coast Guard inspectors found his ship, carrying fertilizer, had a leak when it sailed into Baltimore…
