Category archives for: Top Stories

Restrictions Stifling Australia’s Coastal Shipping

Restrictions Stifling Australia’s Coastal Shipping

Over AUD 400 billion worth of international cargo moved across Australian ports in 2012/13, and some 4,900 cargo ships made almost 14,000 visits from overseas to Australian ports. However, Australian ports handled 97.4 million tonnes of coastal freight during 2012-13, an almost 2% decrease on 2011-12, indicative of a longer-term trend of decreasing amounts of coastal trade, […]

ReCAAP: Number of Piracy Attacks in Asia Decreasing

ReCAAP: Number of Piracy Attacks in Asia Decreasing

A total of 11 piracy attacks, comprising eight actual incidents and three attempted incidents were reported in Asia in August 2014, Information Sharing Centre of piracy watchdog ReCAAP said in the latest report. According to the report, the situation of piracy and armed robbery against ships in Asia continues to improve in August 2014, with […]

Port of New Orleans Ebola Scare False Alarm

Port of New Orleans Ebola Scare False Alarm

Three crew members from Liberia-flagged cargo vessel Marine Phoenix were transferred to a hospital by US health officials and coast guard after the ship docked in Belle Chasse, Port of New Orleans on Wednesday, September 17th. The ill crewmembers were feared to had been infected by Ebola since the vessel’s itinerary included calls to West Africa, hit by an outbreak of the Ebola […]

BW Orders LNG Carriers

BW Orders LNG Carriers

BW Group, a global maritime company involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deepwater production, has signed shipbuilding contracts with Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) for two Liquefied Natural Gas (LNG) carriers plus options for additional vessels on September 17, 2014. The two firm 173,400 m3 newbuildings will be delivered […]

Long Way Ahead for Manilla despite Truck Ban Lifting

Long Way Ahead for Manilla despite Truck Ban Lifting

The port of Manilla, the Philippines will not restore to normal operation by mid-2015 despite efforts to clear out the port congestion, including the most recent turn of events that resulted in lifting of the truck ban that caused the congestion in the first place. The truck ban implemented in the City of Manila was officially […]

UAE Halts Libya-Bound Shipments

UAE Halts Libya-Bound Shipments

Amid growing security issues spurred by the crisis in Libya, U.A.E. port authorities issued instructions to cease loading containers for export and transshipment bound for Libyan ports, effective immediately, Danish-headquartered shipping company Safmarine said. “As advised by the port authorities, containers bound for Libya will be held at the port and will not be loaded on the […]

14 Crew Saved from Typhon-Battered Cargo Ship

14 Crew Saved from Typhon-Battered Cargo Ship

Fourteen crew members of Chinese cargo ship Hao Jun were airlifted to safety from the sinking vessel by a Hong Kong-based helicopter rescue services Tuesday, September 16th, local media report. The vessel started taking in water having lost power about 20 kilometers southwest of Macau as the typhoon signal Number 8, dubbed the  Kalmaegi, was sweeping through […]

Jaccar, Hartmann Team Up on Ethane Business

Jaccar, Hartmann Team Up on Ethane Business

Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, have announced the establishment of a joint venture for the commercial management of ethane carriers. The new company, United Ethane Carriers (UEC), will be based in Singapore. As explained by Hartmann in a press release, its purpose will be to develop the ethane business, focusing […]

Update: Cammell Laird Strike Averted

Update: Cammell Laird Strike Averted

GMB members at Cammell Laird in Birkenhead  have voted to accept an improved pay offer and have called off the dispute in the yard over pay. The new agreement will cover the next three years and will provide the workforce with a guaranteed increase in their pay rates says GMB. Albie McGuigan, GMB Regional Officer, […]

East Asian Spot LNG Prices Move Up

East Asian Spot LNG Prices Move Up

East Asian spot LNG prices climbed sharply between late August and mid-September amid growing global competition for FOB (free on board) volumes and a deteriorating outlook for alternatives to gas-fired generation in Japan, ICIS, a petrochemical market information provider said. The October ’14 EAX contract closed at USD 13.381/MMBtu on 15 September, marking a USD […]

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