News


US Oil Exports to Asia May Slide Further

Rising shipping rates have increased the costs of shipping oil from the United States to Asia and may further the restrict the flow of U.S. oil to the region later this year, multiple trade and shipping sources said on Thursday.

New Seafarer Training Center Opens in Phuket

Galileo Maritime Academy has this month announced the completion of its new architect designed professional crew training center and crew residence in Phuket, Thailand.The “T” shaped buildings comprise state-of-the-art training and recreation rooms,

Port Condition Zulu Set for North Carolina Ports

The Captain of the Port for North Carolina set Port Condition Zulu for the Ports of Morehead City and Wilmington at 3 a.m., Thursday, due to winds from Hurricane Michael.Port Condition Zulu is a dangerous condition in which tropical storm force winds are possible within 12 hours.

Vietnam Could Halt Certain 'Dangerous' Wheat Imports

Vietnam might halt imports of wheat cargoes containing cirsium arvense, or thistle seed, while suggesting local importers should seek supplies from Kazakhstan, Australia and Argentina, local media reported on Thursday.

Stena Bulk Forms Chemical Tanker JV with Bay Crest Management

Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers.

Hurricane Michael Races Northeast, Leaving Devastation in Florida

Hurricane Michael, the third most powerful storm ever to strike the U.S. mainland, headed northeast on Thursday, weakened but still set to soak Georgia and the Carolinas after devastating the Florida Panhandle.

Oil And Gas CEO: New Tech Creates Opportunity

Data from KPMG’s 2018 Oil and Gas CEO Outlook, released Oct. 10, reveals that globally, almost all oil and gas CEOs believe new technology creates opportunities. Eighty-five percent are piloting or have already implemented Artificial Intelligence (AI).

Vietnam to Build Two Terminals in Lach Huyen Port

Vietnam National Shipping Lines (Vinalines), the state-owned marine transporter, won approval recently to build two large container terminals at Lach Huyen Port in northern Hai Phong City in a 7 trillion dong ($302 million) project.

Optimism in Multipurpose Shipping: Drewry

Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.

FLEX LNG Orders Five LNG Carrier Newbuilds

Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.

Oakland Betters Peak Season Cargo Volume Record

A record-breaking peak season continues at the Port of Oakland. The Port said that last month was the busiest September for import cargo in its 91-year history. That followed another all-time record in August.

Synergy Group Launches iCALL Help Line

Synergy Group has launched a new counselling service aimed at improving mental health support for sea- and shore-based maritime personnel.iCALL is a free psychological helpline for the worldwide maritime community available 24/7 in nine different languages via phone,