Monday, January 22, 2018

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...

Email Versus ShipTech for Chartering, Opensea.pro Delivers the Better Option

The shipping industry is steadily opening up to the idea of new technology in all spheres. While technological innovations may mean a foray into...

Seven Islands Shipping files USD 70 million IPO Papers with SEBI

Seven Islands Shipping has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise INR 450,00,00,000 (approximately USD 70 million)...

Mercator Lines Sells Bulker for USD 3.8 million

Singapore-based Mercator Lines on Monday, sold its vessel Sri Prem Poorva to Natalia Shipping Limited of Malta. According to the deal concluded on October...

Demo Sale for Troubled Varun Shipping’s LPG Tankers

Amid discussions that Varun Shipping has stopped trading, eight of its LPG carriers have reportedly been put up for scrap sale. The cash-strapped Indian company...

Scorpio Bulkers Announces Financing of Kamsarmax in Japan

On October 20, Scorpio Bulkers Inc. announced that it has entered into a financing transaction in respect of one of the Company’s Kamsarmax vessels...

Skangas First Small-Scale LNG Loading at Statoil Terminal

On October 17, Skangas successfully completed the first small scale liquefied natural gas (LNG) loading at the Statoil operated LNG plant at Melkøya island outside...