Panama Canal Expansion Good for Japan’s LNG Imports

Panama Canal Expansion Good for Japan’s LNG Imports

The Panama Canal Expansion will open new possibilities for the shipments of liquefied natural gas (LNG) through the waterway, enabling Japan to import LNG from the U.S. Gulf Coast, it was said during a meeting of Panama ...

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Exmar Shelves IPO

Exmar Shelves IPO

Antwerp-based LNG and LPG carrier owner and operator Exmar has decided to delay the launch of the contemplated ...

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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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Oldendorff Stretches Financing for Two Ultramax Newbuildings

Oldendorff Stretches Financing for Two Ultramax Newbuildings

German shipowner and operator Oldendorff Carriers has secured a 12-year financing extension for its two 60,500 dwt ...

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Tanker Market Flourishing, Dry Bulk Mostly Down

anker Market Flourishing, Dry Bulk Mostly Down

The Drewry All Earnings Index, which covers the main bulk shipping markets, jumped 53% in October to stand at 200 ...

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China Earth Fined for Queensland Garbage Disposal

China Earth Fined for Queensland Garbage Disposal

China Earth Shipping Incorporated was convicted of illegally discharging garbage and fined USD 20,000 in the ...

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Suezmax Tanker Market Strong

NAT CEO and Chair, Herbjørn Hansson

The recent drop in the oil price is positive for world tanker business, Herbjørn Hansson, Chairman & CEO of ...

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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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UNCTAD: Global Seaborne Trade Marks Modest Growth

UNCTAD: Global Seaborne Trade Marks Modest Growth

Reflecting stumbling growth in the world economy, world seaborne shipments grew by an average of just 3.8 per cent ...

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Navios Acquisition Sells Four VLCCs

Navios Acquisition Sells Four VLCCs

Navios Maritime Acquisition Corporation has sold four Very Large Crude Carriers (VLCC) to Navios Midstream for USD ...

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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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FMC Asking for More Info on TSA Proposal

Port of Los Angeles

The US Federal Commission plans to request additional information from the Transpacific Stabilization Agreement ...

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China and India to Account for 35Pct of Oil Trade

China and India to Account for 35Pct of Oil Trade

China and India will account for about 35% of global oil trade in the next ten to fifteen years, despite China’s ...

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US Coast Guard, EPA to Monitor Sulphur Emission Compliance

US Coast Guard, EPA to Monitor Sulphur Emission Compliance

The U.S. Coast Guard together with the U.S. Environmental Protection Agency (EPA) will soon take action to ensure ...

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BW LPG Positive about Market Outlook for 2015

BW LPG Positive about Market Outlook for 2015

Very large gas carrier (VLGC) owner and operator BW LPG is reaping the fruits of historically high rates on VLGC ...

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LPG Carriers Fearing Cold Winter in US

LPG Carriers Fearing Cold Winter in US

LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit ...

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UPDATE: MUA Scraps Strike Plans at New South Wales Ports

MUA Stages Industrial Action at New South Wales Ports

 The Maritime Union of Australia (MUA) has decided to suspend the industrial action scheduled for today at New ...

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Mauritius: Port Louis Poised for Upgrade

Illustration: Harbour Port Louis

Austrian construction company STRABAG, together with its partner Archirodon Construction (Overseas) Co. SA, has ...

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Norwegian Wraps Up Prestige Takeover

Norwegian Wraps Up Prestige Takeover

Cruise operator Norwegian Cruise Line Holdings Ltd. has completed its previously-announced acquisition of Prestige ...

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DNV GL, N-KOM Championing LNG

DNV GL, N-KOM Championing LNG Use

DNV GL and Qatar’s shipyard Nakilat-Keppel Offshore & Marine (N-KOM) have signed a Memorandum of Understanding ...

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Hedland Strike Plans Back on Track?

Port of Hedland aerial view

Port of Hedland tug operators could go back to their plans to stage a strike at the bulk export hub as they failed ...

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EU: Trade Restrictions Still Prevalent

Trade Restrictions Still Prevalent

 The tendency to impose trade-restricting measures remains strong among the EU’s commercial partners, ...

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Carriers Suspending West Coast Surcharges

Port of Los Angeles Container Terminals

Seven carriers have decided to  suspend the announced congestion surcharges for cargo moving via U.S. West Coast ...

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World’s First FLNG Undocked in Nantong

World's First FLNG Undocked in Nantong

Caribbean FLNG facility has been undocked from the Wison Offshore & Marine dry dock in Nantong, China, marking ...

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