State-owned China Shipping (Group) Co’s dedicated oil transport arm is close to announcing a 290 mln usd deal for four Suezmax crude tankers from mainland yard Bohai Shipbuilding Heavy Industry, the South China Morning Post reported, citing a source at brokerage Simpson Spence and Young.
With the value of cargo at area docks reaching a record $114.54 billion in 2004, the Port Authority of New York and New Jersey said Wednesday it is considering more than 20 sites as possible locations for new warehouse and distribution facilities.
Bruno Peyron and his 13-man crew have (02.23) crossed the finish line at Ushant setting a new world speed record of 50 days, 16 hours, 20 minutes and 4 seconds, achieving an average speed of 22.2 knots. Not only have they broken Olivier de Kersauson’s Jules Verne record by 12 days but have totally a
Bangladesh will sign a shipping agreement with Cyprus to get priority in berthing facilities and easy shore visas for Bangladeshi sailors to the Mediterranean island. The Cyprus government has recently proposed that Bangladesh can sign such a deal to reduce shipping cost, shipping ministry officials
After Nick’s premature end to the Vend
TEAM ABN AMRO has presented in Paris, France the skipper and three core crew members for their second boat in the Volvo Ocean Race 2005/06. These experienced crew members will sail under command of the appointed skipper of the second boat, Sebastien Josse. This young Frenchman has a proven track rec
A ship that went aground in Newport Beach was towed to Long Beach for an inspection Monday, two days after it ran ashore for the second time in about a month. The Eland, a ship helping dredge the Santa Ana River.
As the count-down towards achieving the set targets for raising the Nigerian content in oil and gas projects begins, the National Petroleum Investment Management Services (NAPIMS), has said it was developing new indices that will ensure accurate measurement of local content in the projects. The Fede
Shipping Corporation of India Ltd (SCI), the country
The International Council of Cruise Lines (ICCL) celebrates its 15th anniversary in 2005 and will debut a one-time magazine highlighting the regulatory landscape of the cruise industry during Seatrade Cruise Shipping Convention March 15-18, 2005, in Miami Beach.
The Navy has $3.7 billion in unfunded programs for the fiscal 2006 budget year, according to a
Thirteen new projects to enhance security at ports and marine facilities under the first round of funding from the Marine Security Contribution Program were announced today by Mauril B
The Port of Los Angeles has announced that former assistant director of marketing, Michael DiBernardo, has been named director of planning. In his new role, DiBernardo will manage the Port’s land use, facility-site, maritime and trade research activities, including management of cargo forecast data
WASHINGTON — The Coast Guard has given members of Congress a nearly $1 billion wish list of spending proposals that were not included in President Bush’s 2006 budget, including more than $637 million to upgrade deteriorating ships and helicopters. The two-page list represents the first time the Coas
