Category archives for: Featured

Video: P&O Ferry up in Flames

Video: P&O Ferry up in Flames

P&O Ferry’s Pride of Canterbury travelling across the English Channel (La Manche Channel) from Dover, England, to the French city of Calais caught fire at around 8 am British Summer Time (BST), September 29, according to the BBC. The fire started in the ferry’s engine room as the vessel was docking in the Port of Calais. All […]

China Lifts Foreign Investment Restrictions in Shanghai Free-Trade Zone

China Lifts Foreign Investment Restrictions in Shanghai Free-Trade Zone

Chinese government is set to ease restrictions on foreign investments in a number of industries, including the shipping sector, in Shanghai’s free-trade zone, The South China Morning Post reports. Earlier this month China’s Premier Li Keqiang’s said that market forces ”would be allowed to play a dominant role in the FTZ.”  Over twenty business sectors are to […]

Mitsui Hires Five Ships for Exporting Cameron LNG

Mitsui Hires Five Ships for Exporting Cameron LNG

Japanese-based trading house Mitsui & Co. said it was pushing forward with the procurement of eight LNG ships to be used for the delivery of LNG mainly to its customers in Japan from the Cameron LNG Export Project in the U.S. On September 26, 2014, Mitsui signed time charter parties for five of the above […]

Navtor and AWT Pulling Together

Navtor and AWT Pulling Together

Norway’s e-navigation developer Navtor has signed an agreement with the USA-headquartered maritime weather routing specialist Applied Weather Technology (AWT) that will see the two companies integrating their services to offer route planning and decision making tools. As a result of the deal, AWT’s routing and optimisation systems will now be offered on Navtor’s recently launched NavStation […]

Mitsubishi Heavy’s Regular Returns

Mitsubishi Heavy’s Regular Returns

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier. The LPG carrier on order is identical to vessels ordered from MHI by Astomos Energy late in 2013, and again in spring 2014. The carrier will offer flexibility to accommodate major LPG terminals around the globe, […]

Felixstowe First UK Port to Get AEO Status

Felixstowe First UK Port to Get AEO Status

The Port of Felixstowe has become the first UK port to receive full Authorised Economic Operator (AEO) status.The AEO initiative was introduced by the European Commission through the Union Customs Code to help simplify customs procedures and secure international supply chains. Commenting on the accreditation, Clemence Cheng, Chief Executive Officer of Hutchison Ports (UK) Limited, […]

Lerwick Harbour Smashing Records

Lerwick Harbour Smashing Records

The arrival of the cruise ship Norwegian Star at Lerwick Harbour on Thursday, September 25, marked the end of the Shetland port’s best season yet, with two records achieved, the Lerwick Harbour Port Authority reports. Passenger numbers reached a new high at 43,056, topping the previous record of 37,572 set in 2012, with the vessel tonnage figure […]

Market Uptake of LNG Too Slow

Market Uptake of LNG Too Slow

The switch to liquefied natural gas (LNG) as fuel for ships has been slower than expected and, as such, hasn’t seen too many activities regarding investment in infrastructure, at least not as much as expected. “For several years now, the European Commission has actively supported LNG as promising new fuel for shipping. Many solid and […]

One More for Dorian

One More for Dorian

New York Stock Exchange-listed Dorian LPG Ltd., an owner and operator of Very Large Gas Carriers (VLGCs), has taken delivery of the ECO VLGC “Corsair” from Hyundai Heavy Industries. The “Corsair” will initially trade in the spot market and is the second newbuilding to be delivered to the company this year. Dorian LPG currently owns and operates […]

Skandi Santos Extends Brazil Stint

Skandi Santos Extends Brazil Stint

AKOFS Offshore, a part of recently re-named Akastor ASA (former Aker Solutions ASA), has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil. The extension, worth about NOK 2.5 billion (USD 387m), will start on March 1, 2015 in direct continuation of current […]

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