The International Chamber of Shipping (ICS), whose member national shipowners’ associations represent more than 80% of the world merchant fleet, has expressed disappointment and concern at a decision by the International Maritime Organization (IMO) to reject its call to accelerate a critical study i
Cargill, one of the world’s leading international transporters, and UNIPEC UK Company Ltd, trader of crude oil and oil products, announced today that they will only charter the more efficient vessels operating in the shipping market. This commitment is the first of its kind in the industry to reduce
LNG tanker ‘Ob River’ chartered by Gazprom Marketing & Trading group and operated by Dynagas (Greece) will carry out the world’s first LNG vessel passage through the Northern Sea Route (NSR) this month. ‘Ob River’ discharged her LNG cargo in Japan and replenished bunkers and provisions in South Kore
Statoil and its partners have entered into contracts for use of the Bideford Dolphin, Stena Don and Scarabeo 5 rigs on the Norwegian continental shelf. The contracts have a total value of NOK 9,17 billion (USD 1.6 billion), excluding potential options. The rigs will be used for production drilling f
Leading maritime security services provider, Solace Global Maritime Ltd, has been awarded the ISO 14001:2004 accreditation for its success in implementing an effective environmental policy throughout the company. The internationally accepted standard awarded by ISOQAR provides a set of strict criter
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Sergey Frank, Director General of Sovcomflot. The parties addressed cooperation issues, including the arrangement of hydrocarbons transportation via the Northern Sea
Today sees the completion of unloading and safe departure at the South Hook LNG Terminal of the first commercial cargo purchased by South Hook Gas from RasGas Company Limited (RasGas). The Milaha Ras Laffan berthed yesterday and is discharging 2,950,000 MMBtu of liquefied natural gas (LNG) for suppl
The $1.6 billion redevelopment of the Port of Melbourne reached a major milestone today, with Premier Ted Baillieu officially inviting expressions of interest seeking operators for the new Webb Dock container terminal, automotive terminal and Pre Delivery Inspection (PDI) Hub. “Melbourne is Australi
Transas-Naval Academy partnership started in 2001 when Transas Marine supplied its Navigational, later Engine Room and GMDSS simulators to the Academy. In July 2012, Transas Marine has signed a contract with the Nikola Vaptsarov Naval Academy for the extension and upgrade of the Transas Navigational
Today TORM announces that the company has signed Restructuring Agreement with its Banks and time charter partners. “The restructuring agreement secures TORM substantial deferral of bank debt, new liquidity and savings from the restructured time charter book. This will enable TORM to become cash flow
To strengthen its three business areas’ leading position, Cargotec announced in September that it will develop its governance model towards an organisation driven by three business areas Marine, Terminals and Load Handling. The role of Cargotec’s global support functions and corporate functions is p
Private Maritime Security expert Sea Marshals has gained ISO9001:2008 approval in a month which saw the company protect a record number of vessels transiting the Gulf of Aden – up 22% on the previous month. To cope with this increasing demand the company has hired 20 additional qualified ex-military
Mitsui O.S.K. Lines, Ltd. today announced that the company received the “Best Performing Container Liner Shipping Company” award sponsored by Eigen Verladers Organisatie (EVO) of the Netherlands. The award was based on a joint assessment by EVO and Erasmus University Rotterdam in the Netherlands, ev
Fugro Seacore played a key role in the planning works for the proposed Rampion Offshore Wind Farm in the English Channel by installing the metrological mast 13km from the port of Shoreham-on-Sea, and acting as EPC contractor for the project. Delivery, installation and commissioning were successfully
