Shipowners Seek Concrete Action On Gulf Of Guinea Piracy

Shipowners Seek Concrete Action On Gulf Of Guinea Piracy

European shipowners have expressed concern about piracy in the Gulf of Guinea, urging policymakers to undertake concrete action to protect shipping through the region. The latest International Maritime Bureau (IMB)’s Piracy & Armed Robbery Report demonstrates that the Gulf of...
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British Ports Welcome Brexit Deal

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday  between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...
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Firm Secures $376.8m Order For LNG Carrier

Firm Secures $376.8m Order For LNG Carrier

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a contract for the construction of two LNG carriers for unidentified American customers. According to the company, the deal is worth KRW 446.5 billion (USD 376.8 million). Schedul...
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Seaport Concludes Expansion, Ready For Larger Ships

Seaport Concludes Expansion, Ready For Larger Ships

The project to deepen the Nieuwe Waterweg waterway and the Botlek area at the Port of Rotterdam has been officially completed, allowing Europe’s largest port to accommodate ever-larger ocean-going vessels. One of the busiest waterways in the Netherlands has ...
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‘LNG Is the Most Commercially Viable  Alternative Marine Fuel’

‘LNG Is the Most Commercially Viable Alternative Marine Fuel’

LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry, a new study finds. Released by SEA\LNG and entitled ‘Comparison of Alternative Marine Fuels’, the study was conducted by alternative f...
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Firms Team Up On Intermodal LNG Shipping

Firms Team Up On Intermodal LNG Shipping

Russian transportation and logistics company, Fesco has formed an intermodal LNG shipping partnership with China’s Best Ship Energy Management and Zhejiang Rui Neng Ocean Shipping. The company explained that the move would see the parties jointly develop int...
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Seaport Gets New Terminal, Additional Berths

Seaport Gets New Terminal, Additional Berths

Ukraine’s Port of Chornomorsk is set to undergo an upgrade worth over UAH 3 billion (USD 118.8 million), receiving a new grain terminal and additional berths. The investment is part of a public private partnership between state-owned Ukrainian Sea Ports...
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LNG Firm Secures $180m Loan

LNG Firm Secures $180m Loan

Bermuda-registered shipping company, Golar LNG has secured a number of charter deals and a new loan, the company said in its second quarter of 2019 financial report. Namely, Golar LNG fixed four LNG carriers on floating rate contracts and two...
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COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

Despite the ongoing trade war between China and the US, Hong Kong-based port operator COSCO Shipping Ports ended the first six months of this year with a total throughput rise of 5.4 percent year on year (yoy). The total container...
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Consortium To Build New LNG Terminal

Consortium To Build New LNG Terminal

A consortium led by China Petroleum Pipeline Engineering Corporation (CPPEC) has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium, comprising Wilhelmsen Ship Management Limited, Aktor S.A...
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APM Terminals To Expand Terminal

APM Terminals To Expand Terminal

APM Terminals Yucatán, operator of the Port of Progreso in Mexico has  unveiled an investment to expand and modernize the port’s container terminal. The terminal has doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years....
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Total, Benin Seal LNG Import Floating Terminal Deal

Total, Benin Seal LNG Import Floating Terminal Deal

French oil and gas company Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed a gas supply agreement and a host government agreement for the development of an LNG import floating terminal in Benin. The...
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Egypt Unveils Shipping Incentives

Egypt Unveils Shipping Incentives

The Egyptian government has announced a new package of incentives and discounts for shipping companies in a bid to ensure the sustainability of shipping lines’ schedules.Vessels calling at Egyptian ports and transiting Suez Canal can now expect savings reach...
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Firms Unveil Cement Carrier Alliance

Firms Unveil Cement Carrier Alliance

Germany-based Baltrader and US-based United Bulk Carriers (UBC) have entered into a cooperation agreement to jointly market their respective fleets of pneumatic cement carriers. The two companies will work together under the newly launched Cement Carrier Allia...
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