News

The U.S. Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed

Metso has received orders from Tampereen Sähkölaitos Group to supply its automation technology to the Tarastenjärvi waste-to-energy plant and to the Hervanta woodchip-fired heating plant in Finland.

Medium range (MR) tanker rates on the US Gulf Coast to North-West Europe route have plummeted in June

The European Commission has extended by another five years until April 2020 the validity of the existing legal framework exempting, if certain conditions are met, liner shipping consortia from EU antitrust rules.

Scientists are expecting an average, but still large, hypoxic or “dead zone” in the Gulf of Mexico this year, and slightly above-average hypoxia in the Chesapeake Bay, according to NOAA.

The Liberian Registry has called on shipping regulators to ensure the effective implementation of existing rules to protect human life, safety and the environment, rather than creating new rules and regulations instead.

Ugland Shipping AS has signed a contract with Imabari Shipbuilding Co., Ltd., Japan, for the construction of two 63,000 dwt bulk carriers due for delivery in 2017.

Pan Ocean Co. Ltd, a Korea-based shipping company, has ordered two new Capesize bulk carriers worth USD $56 million each from an unnamed shipbuilder.

Southern California Edison (SCE) has launched the fifth round of solicitation for small-scale renewable source projects including solar, wind, geothermal and biomass.

TOP Ships Inc., an international owner and operator of MR tanker vessels focusing on the transportation of petroleum products, has taken delivery of the EShips Taweelah.

KNOT Offshore Partners LP (KNOP) has entered into agreements to purchase from Knutsen NYK Offshore Tankers AS

Dynagas LNG Partners LP (Dynagas Partners), an operator of LNG carriers

Dredging work at the Yuzhny Port, Ukraine is nearing completion, and cargo owners are already analyzing its benefits. Enhancing the capabilities for working with Capesize vessels will significantly increase the flows of export, import, and transit cargoes.

Gulftainer, a subsidiary of United Arab Emirates-based Crescent Enterprises entered a 35-year agreement with Port Canaveral on Monday to operate a container and cargo terminal being constructed at the port.

Russia-based Gazprom has signed a contract worth $400bn (€292bn) with China National Petroleum Corp (CNPC) to supply natural gas.

Acciona has been awarded a contract to supply a total of 153MW of wind turbines for Atlantic Energias Renovaveis in Brazil.

Port of Tacoma container volumes increased 17 percent in May, marking the third straight month of year-over-year growth, the Port authorities said in a release.

Nova Tankers, an operator of very large crude carriers (VLCC), will cease its business operations as of 30th of June, the company announced.

China Shipping Tanker (CST), a wholly-owned subsidiary of the China Shipping Development

Eleven crew members of a Malaysian-registered ship MV “Albedo” that was hijacked by Somali pirates in November 2010 have been freed and left for Kenya, said NATO’s Shipping Centre in a weekly update.