News

The Georgia Ports Authority Board approved Monday $86.5 million to purchase four new ship-to-shore cranes

A 2012-built dry-bulk eco-type Handysize vessel of 32,318 dwt, Newlead Albion was delivered to NewLead Holdings’ fleet on Monday, May 19, 2014.

ALE has achieved another world record with the load-out of the 47,830t Arkutun Dagi topside.

The latest addition to Höegh Autoliners’ fleet was named “Höegh Jacksonville”

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS

Spanish company Abengoa has secured an approval from the Chilean Environmental Service to construct the 110MW Cerro Dominador solar-thermal plant.

UK-based Nautricity has deployed its first commercial scale contra rotating marine turbine (CoRMaT) tidal turbine at the European Marine Energy Centre's Shapinsay Sound test site , in Orkney.

The Brazilian Electricity Regulatory Agency (ANEEL) has selected Abengoa to build two new electricity transmission lines in the country.

Iran set its official selling prices (OSP) for June-loading Iran Light crude to Asia at $1.91 a barrel premium to Oman/Dubai, down 20 cents from the month before, trade sources said on Monday.

West Texas Intermediate traded near a three-day high amid speculation that crude stockpiles declined a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.

The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meets at the Organization’s London headquarters for its 93rd session, from 14 to 23 May 2014.

The MSC shipping company is to consolidate all its activities in the port of Antwerp in the Deurganck dock, on the left bank of the Scheldt.

Asia is more at risk from any disruption to Middle East oil supplies than Europe or the United States but is less prepared

The two main Bakken pipeline markets weakened for the seventh time since April 30, bringing differentials to their lowest levels of the year.

Kuwait's state oil group said on Sunday it would sign a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell

Costa Cruises, one of Carnival Corporation’s 10 industry-leading brands

Navig8, a fully integrated provider of shipping management services, has welcomed two additions to its growing fleet, namely the UACC Manama and UACC Shamiya.

United Arab Chemical Carriers (UACC) announced today the addition of UACC RIYADH (ex BUNGA BANYAN), 45,544 DWT, to its chemical tanker fleet.

South Korean shipper Hyundai Glovis is continuing with its annual fleet renewal program with the latest order for four new car carriers.

Pipeline companies have come down with shale fever. They’re so eager to grab a stake in the U.S. energy boom that they’re building