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...
Weekly Maritime Security Report – Week 12, 2019
Protection Vessel International has released the Maritime Security Report for Week 12 of 2019. The report formulated on 2nd April 2019 highlights the various security breaches that have happened over the past week.
Dominican Republic: Robbers...
U.S. Gulf Coast To Become Net Oil Exporting Region
The U.S. Gulf Coast is set to become a net crude oil exporting region for the first time on a quarterly basis.
This signals a shift in global oil flows with VLCC patterns of trade...