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APSEZ Acquires North Queensland Terminal for US$2.66 Billion
Adani Ports and Special Economic Zone Ltd. (APSEZ) has finalized the acquisition of the North Queensland Export Terminal (NQXT) in Australia for US$2.66 billion,...
Norwegian Player Carves Away FPSO Segment from Renewables Business
Oslo Stock Exchange-listed Magnora has put the wheels into motion to separate the floating production, storage, and offloading (FPSO) segment from its renewables business,...
[Watch] Stunning Footage! Helicopter’s Nail-biting Landing on Ship
The Danish Air Force has released incredible footage of pilots test driving a new helicopter in the extreme conditions of the North Atlantic Ocean.
Disclaimer:...
Dry Bulk Cargo Volatility Remains Strong
Capesize rates whipsaw on tight supply and weather disruptions while China restricts steel output.
Vale reduces capacity guidance, now sees smaller increase next...
PETRONAS Launches Its First LNG Bunkering Operation
PETRONAS, through PETRONAS Marine brand, has conducted its first LNG bunkering operation in Sabah via its dedicated LNG bunker vessel, MV Avenir Advantage.
The...
Shipowners Propose Measures To Contain Coronavirus Impact
Italian shipowners request measures to contain coronavirus impacts.
The request is for support in terms of contributions and social security benefits amid the...
MOL Group’s Sustainable Financing For LNG Dual Fuel VLCC
Mitsui O.S.K. Lines, Ltd. (MOL) has inked a transition linked loan (TLL) agreement with Sumitomo Mitsui Trust Bank, Ltd., aiming to raise funds for...
100 Reasons To Smile About in 2020
While this year seems especially hard, there are silver linings. Out of coronavirus comes creativity. Out of quarantine comes bonus time with family. Out...
Yemen’s Houthi Rebels Attack Another Ship in The Red Sea, Killing 3
DUBAI, United Arab Emirates (AP) — An attack by Yemen’s Houthi rebels on a Liberian-flagged cargo ship in the Red Sea killed three mariners...
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Are Your Ship’s Hatch Covers Weathertight? – UK P&I Club
The UK P&I Club’s Loss Prevention Department, in conjunction with the IMCS Training Academy, advises on the importance of hatch cover maintenance: Whether a...
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Dry Bulk Markets Stagnate as Grain Strength Clashes with Coal Weakness
Baltic indices held mostly flat over the past week, with Handysize the only segment posting consecutive daily gains amid neutral overall momentum.
Panamax...
MERS: The new Coronavirus alert in Philippines
The second case of Middle East Respiratory Syndrome (MERS) has been confirmed in Philippines.
The Philippines Health Officials have confirmed that a 36 year old...
Estimating Your Position at Sea
Navigators use a combination of techniques to estimate their position at sea. The primary method used today is GPS (Global Positioning System), a network...
