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SBM Secures USD 1 Billion Loan to Finance FPSO Cidade de Ilhabela (Brazil)

SBM Secures USD 1 Billion Loan to Finance FPSO Cidade de Ilhabela (Brazil)

SBM Offshore N.V. has announced that together with its Joint Venture partners, QGOG Constellation and Mitsubishi Corporation,

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OOCL to Buy 84 New Cranes for Long Beach Terminal (USA)

OOCL to Buy 84 New Cranes for Long Beach Terminal (USA)

Orient Overseas Container Line (OOCL) seated in Hong Kong, is about to rejuvenate its cargo handling capacities at its U.S.-based terminal leased form the Port of Long Beach,

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Goltens Opens New Workshop In Philippines

Goltens Opens New Workshop In Philippines

Two years after establishing a representative office in Manila, Goltens opened its latest workshop facility in Clark, Philippines

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Gulf Coast Refined Products Gain With Enbridge Pipeline Shut

Gulf Coast Refined Products Gain With Enbridge Pipeline Shut

Gulf Coast gasoline and diesel strengthened amid speculation that traders are shipping the product to the Midwest, where refiners have shut equipment for repairs and Enbridge Inc.

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Shell has no plan to pull out of Nigeria, says MD

Shell has no plan to pull out of Nigeria, says MD

Shell Petroleum Development Company (SPDC) has debunked speculations that it plans to pull out of Nigeria.

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Argentina and Venezuela to Team Up in Oil, Gas Ventures

Argentina and Venezuela to Team Up in Oil, Gas Ventures

Argentina and Venezuela agreed Tuesday to forming a strategic alliance to develop oil and gas industries through the countries' state-run oil companies.

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ARA 50 ppm barges dip to 7-week low on ample supply, low demand

ARA 50 ppm barges dip to 7-week low on ample supply, low demand

FOB Amsterdam-Rotterdam-Antwerp 50 ppm sulfur barges dipped, with low local demand facing higher supply levels, traders said.

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Arab oil income at record high in 2011

Arab oil income at record high in 2011

A surge in oil prices allied with higher output to boost the combined Arab crude export earnings by nearly $174 billion to their highest level in 2011 and Saudi Arabia accounted for almost half the total income.

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India: Delays at Port Nehru Container Terminal

India: Delays at Port Nehru Container Terminal

India’s largest container handling facility is experiencing major setbacks in container operation due to the recent collapse of a container crane

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Russia: Baltic Shipyard Starts Construction of First Mistral Class Ships

Russia: Baltic Shipyard Starts Construction of First Mistral Class Ships

United Shipbuilding Corporation’s subsidiary Baltic Shipyard has kicked off steel cutting for the first Mistral class amphibious assault ship.

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Greece: Diana Containerships Posts Profit on Expanded Fleet

Greece: Diana Containerships Posts Profit on Expanded Fleet

Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, yesterday reported net income of

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Warships Protect Drifting Cargo Ship in Gulf of Aden

Warships Protect Drifting Cargo Ship in Gulf of Aden

The minehunters HMS Middleton and HMS Pembroke were in the Gulf of Aden on their way home when they received a distress call from the MV New Delhi Express.

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Dockwise Yacht Transport Partners with New Zealand Millennium Cup

Dockwise Yacht Transport Partners with New Zealand Millennium Cup

Dockwise Yacht Transport (DYT), the world’s leading yacht transport and logistics provider, has announced its partnership with the New Zealand Millennium Cup

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New York and New Jersey Port Authority Approves New Environmental Iniciativ (USA)

New York and New Jersey Port Authority Approves New Environmental Iniciativ (USA)

As part of the agency’s ongoing initiatives to be a good steward of the environment, the Port Authority Board of Commissioners today approved an incentive program for ocean vessels that call on the Port of New York and New Jersey.

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Boskalis Secures EUR 175 Million Port Contract in Mumbai, India

Boskalis Secures EUR 175 Million Port Contract in Mumbai, India

Royal Boskalis Westminster N.V. has acquired a contract with port operator Jawaharlal Nehru Port Trust (JNPT) for deepening and widening the port and access channel

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BBC Chartering Opens New Office in Antwerp, Belgium

BBC Chartering Opens New Office in Antwerp, Belgium

Leading German multipurpose and heavy lift operator BBC Chartering announces the opening of a new booking office in Antwerp, Belgium this August.

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Greece: Navios Acquisition Takes Delivery of New MR2 Product Tanker Vessel

Greece: Navios Acquisition Takes Delivery of New MR2 Product Tanker Vessel

Navios Maritime Acquisition Corporation (“Navios Acquisition”), an owner and operator of tanker vessels, announced that the Nave Atria, a new building MR2

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A&P Moves into Oil and Gas Sector (UK)

A&P Moves into Oil and Gas Sector (UK)

Based in two North East England locations, A&P North East is a company with ship repair and conversion yards on the rivers Tyne and Tees.

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Norway: Siem Offshore Sells MRSV Siem Swordfish

Norway: Siem Offshore Sells MRSV Siem Swordfish

Siem Offshore announces that the sale and delivery of the Siem Swordfish was concluded on 31 July in line with the charterer’s purchase option that was exercised in December 2009.

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NOAA: ERMA – Important Step Forward for Arctic Region

NOAA: ERMA – Important Step Forward for Arctic Region

A new federal interactive online mapping tool used by emergency responders during the Deepwater Horizon oil spill has been expanded to include the Arctic

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