Malaysia Launches US$ 180 Million STS Facility in Johor
US$180 million project off Johor’s Port of Tanjung Pelepas, enabling ships to transfer their cargo to other vessels without having to dock at the piers.
The 1,200-hectare facility, will allow higher shipping flexibility...
Hurtigruten’s New Green Tech Ship Starts Sea Trials
Hurtigruten’s new hybrid-powered cruise ship MS Roald Amundsen completed its first sea trials.
The vessel has been custom built for some of the world’s most extreme waters and tested in Norwegian fjords.
It is...
BIMCO Opens Office in Greece
Bimco all set to open a new office to focus on having a stronger and closer dialogue with Bimco's Greek membership.
The company plans to recruit more Greek members and provide a back-up service to...
Laden Chemical Tanker Collides with Passenger River Boat
According to an article published in Tanker Shipping, the 2004-built 14,300-dwt chemical tanker Chemical Marketer is reported to have collided with Viking Cruise riverboat Viking Idun.
What happened?
The incident took place in the Westerschelde in...
Companies Sue Valero for Bad Marine Fuel
Valero, the second-largest refiner in the United States has been accused of selling contaminated bunker fuel.
A Saudi and a Mexican company have filed lawsuits against the company alleging that their ships were damaged by contaminated bunker...
Reshape Supertanker! Maersk Management Given Time
The main shareholder and the chairman of Danish shipping group A.P. Moller-Maersk both backed management’s efforts to reshape Maersk Supertankers.
The world’s largest container shipper has struggled to convince all of its investors...
World Shipping Council Slams ITF’s Merk for Flawed Report
While European Commission is to announce whether or not it will extend the BER later this year having combed through many submissions from across the world, ITF fires back in European block exemption debate,...
Mærsk Vice CEO Steps Down! Energy Division To Close Down
In a major development, Maersk has announced that their Energy Division head and Vice CEO Claus V. Hemmingsen will be stepping done by the end of June 2019, says an article published in Globe News Wire.
Brief...
Novatek Signs Non-binding Deals for Arctic LNG 2 Project
The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms.
The Heads of Agreement envisages concluding a 15-year contract with annual...
Scorpio Secures $41 Million To Finance Scrubbers
In a recent development, Scorpio Bulkers Inc. has announced that they have reached agreements with certain lenders to increase certain existing credit facilities by a total of $41 million, says a press release published...