Monthly Archives: October 2016

GT USA’s Canaveral Cargo Terminal (CCT) incurred minimal damage during Hurricane Matthew and is fully operational, the result of advance storm preparation and facility planning by GT USA in partnership with Canaveral Port Authority. The Canaveral Cargo Terminal resumed full operations…

Carl Lieungh will step down as CEO of Sevan Marine ASA effective January 1, 2017. The company’s board of directors has appointed current CFO Reese McNeel to take up the CEO role while continuing to carry out the CFO function. Under the agreement reached between Lieungh and the board…

Some 2,000 government, industry, research and civil society representatives gathered for the Arctic Circle Assembly held October 7-9 in Reykjavik, where the group of international participants engaged in dialogue and cooperation centering on the future...

A barge skipper has been fined £500 and more than £2,000 in costs, after pleading guilty to dumping trash at sea, the U.K. Maritime and Coastguard Agency (MCA) reported. On the morning of May 26 this year, the barge Beta was traveling from Exmouth to Plymouth…

Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources say. While shipping companies have yet to divert ships…

The Republic of the Marshall Islands (RMI) Registry has attained status as the world's largest tanker fleet following the addition of tonnage from markets in Greece, the U.S. and Asia over the summer. The RMI flagged tanker fleet stands at 44.6 million...

The main exporters of thermal coal for coal-fired power plants to the U.K. have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the U.K. starting a concerning trend for the dry bulk shipping industry…

Russia will create a permanent naval base in Syria to expand its military footprint in its closest Middle East ally, a government official said on Monday, a week after Moscow said it was considering reopening Soviet-era bases in Vietnam and Cuba.

Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including…