News


Diana Fixes Crystalia, Maera with Glencore

Greek dry bulk owner Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.

TEN Wins TC for Two Tankers

Greek shipping company Tsakos Energy Navigation (TEN) announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major.

Indian Seafarers Employment Soared 35% in 2018

The number of Indian seafarers employed on Indian or foreign flag vessels increased by 35 per cent in 2018 on the back of a series of measures taken in the last four years, said the shipping ministry.

IMB to Tackle Bills of Lading Fraud

The International Maritime Bureau (IMB) announced that it has launched a new initiative aiming to mitigate bills of lading (B/L) fraud conducted by non-vessel owning common carriers (NVOCCs).The IMB NVOCC

ACE Winches Strengthens Grows

ACE Winches Norge AS, the Norwegian branch of internationally recognized ACE Winches, has strengthened its Scandinavian presence by relocating to the center of Stavanger and the appointment of a new sales and business development manager.

APL: New Asia Australia Express 2

APL launched a new weekly Asia Australia Express 2 (AAX2) service that will connect the key Southeast Asian ports of Vietnam, Malaysia, Singapore and Indonesia to the two major eastern Australian cities of Brisbane and Sydney.

Danica Takes on Ultramax New Building

Danica has announced it has been entrusted with the crew management of the newbuilding ultramax Port Imabari for Lisbon headquartered Portline Bulk International.Delivered in January, the 63,500 DWT Port Imabari, equipped with four 30.

Kleven Delivers Maersk Anchor Handler

Maersk Maker, the sixth and last of a series of six anchor handlers for Maersk Supply Service A/S, was delivered from Norwegian shipyard Kleven on Thursday.Built for operation in deepsea depths, the M-series vessel Maersk Maker had a naming ceremony at Kleven yard, with Rikke Eskjær as godmother.

WCI Honors Senator Duckworth

On February 12, 2019, Senator Tammy Duckworth (D-IL) received Waterways Council, Inc.'s (WCI) 18th Annual Leadership Service Award for her continual championing of ports and inland waterways. She was presented the award by Wade Beasley,

Anadarko Nearing FID for Mozambique LNG

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent.

Cruise Industry Provides 12.5K Jobs in Baltic

The cruise industry in the Baltic Sea does more than provide rest and unique excursions for thousands of cruise guests, it also supports over 12,500 jobs in the region, according to a new study.More people than ever before are cruising in the Baltic Sea,

ICTSI Expands Batumi Container Terminal

Philippines-based port operator International Container Terminal Services, Inc. (ICTSI) has inaugurated the newly-expanded Batumi International Container Terminal (BICT) in Georgia.The expansion encompasses both the waterside and landside areas of the multipurpose terminal,