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TSA
 

TSA Lines Tackle Sharply Rising Costs for Low-Sulfur Fuel


Asia-U.S. container shipping lines in the Transpacific Stabilization Agreement (TSA), facing an average US$365 per ton low-sulfur fuel price differential at the beginning of 2015 – as environmental rules mandate a shift to cleaner marine gas oil (MGO) within North … Continue reading

 
Greenwater Flared base bottom
 

Guardian Maritime launch Greenwater piracy barrier


Following on from the continued worldwide success of its GUARDIAN™ anti – piracy barrier, Guardian Maritime are proud to announce the launch of GUARDIAN Greenwater. GUARDIAN Greenwater has been developed, following customer demand, to deal with the issue of greenwater … Continue reading

 
classnk
 

ClassNK completes work on KOTC vessel MUTRIBA


Leading classification society ClassNK (Chairman and President: Noboru  Ueda) announced that it has completed work on the 31,445GT Product Tanker MUTRIBA, built by Hyundai Mipo Dockyard Co., Ltd. (HMD) as part of a series of  vessels being constructed for the Kuwait … Continue reading

 
Seatrade Middle East Maritime
 

Seatrade, Saudi Aramco announce second annual Global Workboats Technology Forum


The 2014 edition of the biennial Seatrade Middle East Maritime will be the host event for the second annual one-day Global Workboats Technology Forum at which a line-up of renowned international experts will present a series of technical papers on … Continue reading

 
BNCT
 

BNCT Celebrates a Strong Future with a Strong Team in Busan’s New Port


Last week, Busan New Port’s newest container terminal held a company-wide event with the whole BNCT family including labor unions and subcontractors to commemorate great results since opening January 1, 2012 and to celebrate an even more promising future together. … Continue reading

 
SYNTACS_C2 and NAV
 

Raytheon Anschütz delivers new Tactical Command System


Raytheon Anschütz, a leading German-based manufacturer of naval integrated bridge systems, announces a series of deliveries of the newly developed Synapsis Tactical Command System (SYNTACS). The first delivery was made in summer 2014, with final delivery in winter 2015. SYNTACS … Continue reading

 
Union leaders arrested and held in police van
 

Trade union wins in Aqaba dispute


The ITF (International Transport Workers’ Federation) is pleased to announce that port workers at the Aqaba Container Terminals (ACT) facility in Jordan run by APM Terminals have gained a victory following international protests against a police roundup of union members. … Continue reading

 
FONASBA
 

FONASBA Hosts Gothenburg Annual Meeting


FONASBA’s 2014 Annual Meeting in Gothenburg elected a new Executive Committee and two new members and also reaffirmed the Federation’s commitments to its core values and activities. After completing her term of office, Marygrace Collins of the USA handed the … Continue reading

 
JSW Steel Ltd
 

JSW Steel to boost iron ore imports by up to 80 percent


JSW Steel Ltd, India’s No. 3 maker of the alloy, said it expects to increase imports of iron ore by up to 80 percent to 900,000 tonnes a month due to a domestic shortage and a slump in international prices. … Continue reading

 
OPEC Crud
 

OPEC needs oil cut of at least 500,000 bpd – Libyan OPEC governor


OPEC should cut its oil output by at least 500,000 barrels per day (bpd), a Libyan oil official said, to tackle oversupply and support prices that have slid to a four-year low. The 12-member Organization of the Petroleum Exporting Countries … Continue reading

 
vlcc
 

Early Nov VLCC of North Sea Forties crude fixed for Korea: source


South Korean refiner SK Energy has bought one VLCC of Forties from the November loading program of UK North Sea grade Forties, a source close to the company said Tuesday. The 270,000 mt Ingrid was reported by shipbrokers to be … Continue reading

 
bimcologo
 

Comforting sounds from China: GDP and Industrial Production


The economic news from China this morning were somewhat comforting but highlights that the economy activity in the world’s largest economy is certainly slowing down. Behind the headline GDP, other economic indicators such as industrial production, electricity consumption, credit growth … Continue reading

 
low-sulphur fuel
 

Shipping’s low sulphur fuel challenges


While the shipping industry scored a significant victory in terms of regulation with the IMO agreeing to review the Ballast Water Management Convention, however, it continues to face many other issues in areas such as emissions. At Denmark’s recent maritime … Continue reading

 
Clyde & Co advises
 

Clyde & Co advises on joint venture between DOT Holdings AS and Pacific Radiance Limited


International law firm Clyde & Co advised DOT Holdings AS on the establishment of a joint venture in Singapore with Pacific Radiance Limited. The joint venture company will be engaging in the business of owning and chartering offshore support vessels. … Continue reading

 
Shipping Industry
 

Shipping Industry Wants Green Initatives But Needs More Options


A recent survey carried out by the Institute of Marine Engineering, Science and Technology (IMarEST) together with Colfax Fluid Handing, a leader in pumps, systems and Smart Technology solutions for the marine industry, has highlighted that 88% of the industry … Continue reading

 
Shenzhen port
 

Shenzhen Yantian Port Holdings Net Profit Down 3.8pc to Us$66 Million


SHENZHEN Yantian Port Holdings posted a net profit of 3.8 per cent year on year to CNY16.3 million (US$2.6 million) in 2012, drawn on revenues of CNY22.29, down 12.2 per cent. It’s subsidiary, Yantian International Container Terminals (YICT), handled 2.89 … Continue reading

 
G6-Alliance-Moves-Launch-of-Asia-Europe-Service-Up-to-March
 

G6 Alliance announces Asia-U.S. West Coast Winter Programme


In response to seasonal changes in market demand, the members of the G6 Alliance have announced the temporary suspension of their Central China (CC2) service between Asia and the U.S. West Coast until further notice. The last sailing for CC2 … Continue reading

 
China steel
 

India Steel output up by 2.5% in September,slight dip in Global output


World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million tonnes (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013. India produced 6.8 Mt of crude steel, an … Continue reading

 
NAVICO ACQUIRES MARIS
 

NAVICO ACQUIRES MARIS (MARITIME INFORMATION SYSTEMS A/S)


Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group. MARIS is a leading supplier of data solutions to the commercial maritime … Continue reading

 
Nordic Maritime
 

Nordic Maritime is awarded 2D Marine Seismic combined with OBN by Mitra Energy


Singapore-based offshore specialist Nordic Maritime in collaboration with PT. Alamjaya Makmur Sejahtera, was awarded a contract worth more than USD2 million to provide 2D seismic marine acquisition services utilising OBN (Ocean Bottom Node) technology to Mitra Energy Indonesia. Nordic Maritime’s … Continue reading

 
9192014Ebola-Virus-400x300
 

Shipping lines maintain services in Ebola-hit countries


THE world’s top container shipping line are determined to maintain services to Ebola hit Liberia, Sierra Leone and Guinea despite seeing a considerable drop in cargo volumes over the past few weeks. Fear of contamination from exported goods has dampened … Continue reading

 
Indonesian thermal coal
 

South Korea Sep thermal coal imports down 1% year on year to 7.06 million mt


South Korea’s imports of thermal coal in September fell 1% year on year to 7.06 million mt, which was 9% down from August to the lowest monthly total this year as flows from Indonesia continued to decline, customs data showed … Continue reading

 
images
 

Ports worldwide restrict ship entry from Ebola hit countries


SHIPS that have called in a West Africa country affected by the Ebola outbreak are required to contact their local agents before arrival at ports of call for the latest country specific advice, an advisory from the International Transport Intermediaries … Continue reading

 
01-09-12  Khalifa Port opening Abu Dhabi-PMV-LOG
 

India: Cochin Port Trust aims higher cargo movement to Maldives


The Cochin Port Trust is exploring ways to promote cargo movement to Maldives Port through a regular shipping service. A lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope … Continue reading

 
 
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