Sunday, April 22, 2018

Update: Tanker Marine Express Freed from Pirates

Anglo-Eastern, managers of the vessel Marine Express that went missing off Benin released the following statement just now: Anglo-Eastern, managers of the oil products tanker...

Sberbank & Sovcomflot Conclude USD 106 Mn Project Financing Agreement

Sberbank and Sovcomflot have signed a new USD 106 million project financing agreement, with a term of up to 14 years. The funds will...

Dry Bulk Shipping ETF, Ticker: BDRY – Launches as the First Freight Futures ETF

Breakwave Advisors, in partnership with ETF Managers Group (ETFMG), launches the Breakwave Dry Bulk Shipping ETF (NYSE Arca: BDRY). The Fund is the first...

Coldharbour Initiates Japanese Type Approval Process

Coldharbour Marine, a manufacturer of ballast water treatment systems based on unique inert gas technology, has engaged Japanese classification society ClassNK to assist in...

Port of Rotterdam – Fuelling the Future with LNG

What are the benefits of LNG, who are the LNG suppliers and what are the possibilities of LNG bunkering in the port of Rotterdam?...

NOVATEK Reports Preliminary Operating Data for the First Quarter 2018

PAO NOVATEK reported its preliminary operating data for the first quarter 2018 on Tuesday. In the first quarter 2018, NOVATEK’s hydrocarbons production totaled 132.5million barrels...

King Abdullah Port’s Terminal Berth to be Operated by AMSteel

Saudi Arabia’s King Abdullah Port has signed an agreement with AMSteel, a company specialised in operating ports and handling steel shipments to operate its...

World’s First Ever Live Spot Pricing Successfully Launched by Mizzen

In a first, Mizzenit.com has reportedly "successfully launched" a live spot pricing mechanism for some of the world’s largest shipping lines. In a statement, the global...

Wärtsilä to Supply Cargo Handling System to LNG Shipping

The technology group Wärtsilä will supply the cargo handling system and cargo tanks for a new 3000 cubic metre capacity LNG bunker barge. The...

Wärtsilä Introduces its Smart Marine Ecosystem Vision

The smart technology group Wärtsilä is at the forefront of harnessing the changes taking place in the shipping industry to deliver value and optimisation...