Plunging Oil Prices Driving Down Fuel Costs

Plunging Oil Prices Driving Down Fuel Costs

Fuel costs could be cut by as much as USD 1 million a year if current price levels stay put for ships that burn 24 tonnes of fuel per day while steaming, the Baltic and International Maritime Council (BIMCO) said. This ...

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TEN Rakes In

TEN Rakes In

Athens-based tanker owner and operator Tsakos Energy Navigation Limited (TEN) has reported an improved net income ...

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Barcelona among Top Three Most Productive European Ports

Port of Barcelona

The Port of Barcelona received the third most productive port in Europe award for the first half of 2014, marking ...

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Lower US Demand Reshuffles West African Crude Moves

Lower US Demand Reshuffles West African Crude Moves

West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle ...

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Port of Gothenburg to Boost Timber Volumes

Port of Gothenburg to Boost Timber Volumes

Sweden’s Port of Gothenburg is aiming to increase the volume of paper and timber products passing through the ...

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Seven Evacuated from Sinking Freighter off Haiti

Seven Evacuated from Sinking Freighter off Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately ...

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BOEM Launches Arctic Ecosystem Research Project

BOEM Launches Arctic Ecosystem Research Project

The U.S. Bureau of Ocean Energy Management (BOEM) and National Oceanographic Partnership Program (NOPP) partners ...

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Readers’ Picks of the Week (17th -21st of Nov)

Readers’ Picks of the Week

Cargo Ship Sinks off Ecuador A 1,200 dwt general cargo vessel San Cristobal sank around 25 nautical miles off Santa ...

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IMO Adopts Polar Code

IMO Adopts Polar Code

The International Maritime Organization (IMO) has adopted the International Code for Ships Operating in Polar ...

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Events>

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Offshore Marine Risk Management

This conference will use a project based case study approach to showcase risk profiles, mitigation strategies, disputes and claims management. Asia’s only conference on Offshore Marine Risk Management will explore risk mitigation strategies across the offshore value chain in context to transportation, installation, construction, SURF, and asset integrity management.

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The International Tidal Energy Summit 2014

The International Tidal Energy Summit 2014 is the leading commercial networking forum dedicated to the global tidal energy industry. Back for its 8th year, ITES2014 is the #1 global forum focused on bringing together project developers, OEMs and suppliers looking to deliver commercial scale, cost competitive commercial scale tidal arrays. Featuring the CEOs of major OEMs, leading project developers and key government representatives, this is the essential meeting place for those looking to enter the dynamic tidal energy market.
To join leading representatives from DECC, the Crown Estate, ScottishPower Renewables, GDF Suez, Alstom Tidal Generation, MeyGen, Siemens Marine Current Turbines, Andritz Hydro Hammerfest, Mojo Maritime, and many more, visit  www.tidaltoday.com/tidal-conference

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5th Gas Fuelled Ships Conference

The conference is the only technical conference to combine a two day informative and knowledge based conference with technical visits giving delegates access to real life operations of current LNG vessels, and supply plants, as well as networking opportunities at its welcome reception and conference dinner. This is a must attend event for ship owners and operators, policy makers, engine manufacturers, LNG carriers, LNG suppliers, ship builders, classification societies, ship designers, ship yards and port & terminal operators who are looking to benefit from a valuable insight into using LNG as a future maritime fuel.

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Historic Ships 2014

The Historic Ships conference returns for a fourth instalment that will not only focus on the restoration and preservation of historic vessels, but also the research and investigation into the engineering and efficiency of historic design through modern naval architecture techniques.

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One Dead, Three Injured in Oil Platform Blast off New Orleans

One Dead, Three Injured in Oil Rig Explosion off New Orleans

One worker died and three more were injured in an explosion on Fieldwood Energy’s Echo Platform located in ...

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Hyundai Heavy Sees First Strike in 18 Years

Hyundai Heavy Sees First Strike in 18 Years

Unionised workers at South Korea’s shipbuilding giant Hyundai Heavy Industries staged their first industrial action ...

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OW Bunker’s Board Never Approved Tankoil Loan

OW Bunker's Board Never Approved Tankoil Loan

The credit line worth up to USD 130 million that was given by Singapore arm of Danish marine fuel distributor OW ...

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Small Island States Still Cut Off from Major Trade Routes

Small Island States Still Cut Off from Major Trade Routes

Small island developing states (SIDS) face severe and complex transport challenges, UNCTAD’s Review of ...

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ZIM Climbs the Hole

ZIM Climbs the Hole

Israeli containership owner and operator ZIM has managed to cut its loss for the quarter ending September 30 on the ...

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Fincantieri Teams Up with Carnival and CSSC

Fincantieri's Monfalcone shipyard

Italian shipbuilder Fincantieri has signed two memorandums of understanding (MoU), one with cruise liner giant ...

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Image of the Day: Navy Ships in Formation

141119-N-IC565-196

Today’s image of the day shows the U.S. Navy and Japan Maritime Self-Defense Force ships transiting in ...

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US Navy Supply Ships Collide in Gulf of Aden

US Navy Ships Collide in Gulf of Aden

Two U.S. Naval supply ships collided in the Gulf of Aden November 20 at 5:26 a.m. local time with no injuries to ...

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Panama Canal Expansion Good for Japan’s LNG Imports

Japan's LNG Imports to Benefit from Panama Canal Expansion

The Panama Canal Expansion will open new possibilities for the shipments of liquefied natural gas (LNG) through the ...

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Eunavfor Stays in Somalia for Two More Years

Eunavfor Stays in Somalia for Two More Years

The European Council has extended the EU’s counter-piracy Operation Atalanta by two more years, until December 12, ...

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ITF Questions PMA’s Commitment to West Coast Talks

Paddy Crumlin, ITF president

The talks between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) are ...

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Russian IEA to Order Up to 30 Ships

Russian IEA to Order Up to 30 Ships

Russian Industrial and Ecological Alliance CJSC is looking to order up to 30 ships, according to the ...

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Westminster Group Clinches West Africa Ferry Deal

Westminster Group Clinches West Africa Ferry Deal

The U.K.-headquartered Westminster Group Plc. has through its Managed Services division secured a 21 year agreement ...

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DSME to Unveil Floating Storage Power Plant Concept

DSME to Unveil Floating Storage Power Plant Concept

South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has made plans to introduce a new ...

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Sewol Operator Chief Gets Ten Years

sewol

South Korea’s Gwangju District Court sentenced the head of the company that operated the sunken Sewol ferry, ...

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ESC: Shipping Alliances Need a Watchdog

ESC Shipping Alliances Need a Watchdog

The European Shippers’ Council (ESC) says that shipping industry needs a global authority to keep Vessel Sharing ...

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Mexico Nods to Hapag-CSAV Merger

Mexico Nods to Hapag-CSAV Merger

Mexican competition authority has given unconditional clearance under Mexican merger regulations for the planned ...

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APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals has signed a Memorandum of Understanding (MOU) with the Government of Ghana, representing a private ...

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