Skangass Strikes LNG Supply Deal with Eni

Skangass Strikes LNG Supply Deal with Eni

Skangass has signed a two year agreement with Eni for supply of liquefied natural gas (LNG). The LNG will be delivered from the Fluxys LNG terminal in Zeebrugge and transported by Coral Energy to Skangass’ newly opened ...

read more →

Maersk Eyes More Shares

Maersk Eyes More Shares

Denmark’s A.P. Møller – Mærsk A/S has entered the second phase of its share buy-back program, which ...

read more →

Plunging Oil Prices Driving Down Fuel Costs

Plunging Oil Prices Could Cut Fuel Costs by USD 1 Mln

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 ...

read more →

Drewry: North America Needs Bigger, Automated Terminals

Drewry North America Needs Bigger, Automated Terminals

Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance ...

read more →

Cruise Lines Deploying More Capacity in Asia

Cruise Lines Deploying More Capacity in Asia

 The cruise industry continues to grow rapidly in Asia and many cruise lines are deploying more capacity in the ...

read more →

TEN Rakes In

TEN Rakes In

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

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

DP World, Qingdao Port Group Deepen Collaboration

DP World, Quingdao Port Group Deepen Collaboration

DP World, Dubai, and Qingdao Port Group, China, have signed a Strategic Framework Agreement to enhance port ...

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

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, ...

read more →

Date Set for Nicaragua Canal Construction Start

Nicaragua Canal Construction Start Confirmed

Work on the USD 40 billion Nicaragua canal will start on December 22 and the project will have minimal ...

read more →

IMO Adopts Polar Code

IMO Adopts Polar Code

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

read more →