Parties Sign MoU For Joint Discussions On Ship-To-Ship LNG Bunkering
ship-to-ship LNG bunkering MoU signed in Japan
joint discussions on the commercialization of a new business to supply LNG as a marine fuel to ships in the Setouchi and Kyushu areas of western...
Shipping Workers Warn Supply Chain Crunch
Shipping workers warned Wednesday that transport systems verge on collapse.
Letter issued by coalition of international unions described dire conditions.
Restrictions and delays imposed by pandemic protocols are delaying shipments.
Workers ask for...
Samsung Heavy Industries Bags $807.8 mn Order To Build 4 LNG Carriers
Samsung heavy industries win $807.8 mn contracts to build 4 LNG carriers
the South Korean shipbuilder will deliver the LNG carriers in stages by Feb. 29, 2024
shares of Samsung Heavy Industries ended...
Why Oil Prices Are Falling Back?
gains being capped by the unexpected rise in US crude inventories
US dollar volatility may have fueled forecasts calling for supply deficits
last week’s rise in U.S. inventories came as production in the...
Centerline Logistics Spends $200M for Expanding Refueling Fleet
Centerline Logistics Corp. has made a $200 million purchase of several new vessels.
It will expand its petroleum transportation capacity and provide infrastructure to support the maritime industry’s transition to cleaner-burning fuels.
A recent...
NYK Delivers LNG Enterprise To TotalEnergies
the liquefied natural gas (LNG) carrier LNG Enterprise is owned by France LNG Shipping
Japanese shipping company NYK Line has delivered the LNG carrier LNG enterprise to France's TotalEnergies
the vessel was built at Samsung Heavy Industries Co.,...
Disruptive Technologies in Container Ports and Terminals, A Game Changer
The container ports and terminals sector is witnessing increased adoption of innovative technologies.
Especially after the recent consolidation in the liner industry which has intensified competition among terminal operators.
This has encouraged them...
Cargo Vessel Detained for Illegal Anchoring
Malaysia Maritime Enforcement Agency (MMEA) arrested a cargo ship for alleged anchoring at Selangor waters around 3:30 pm on Wednesday, reports Manifold Times.
Vessel detained for illegal anchoring
MV Anemone was on its way from Mauritius,...
Investment Firm To Acquire Teekay LNG in $6.2b Deal
NYC-based investment firm Stonepeak Infrastructure Partners is to buy Bermuda-based shipping company Teekay LNG Partners for about $6.2 billion, reads the Teekay website.
The merger agreement
The parties have entered into an agreement and plan of...
IMO Signs New Emissions Reduction Partnership
IMO has signed three partnership agreements with the Kingdom of Saudi Arabia to support the preparation of a new global project that targets ship-based emissions.
New funds will support projects to tackle biofouling...