Monthly Archives: October 2017

China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects…

All Ports of Stockholm freight segments increased during the first three quarters of the year in comparison to the same period of 2016. More and more goods are being transported by sea, directly to the growing Stockholm region. Over the first…

A gathering of navy chiefs from around the world have heard how effective, joined-up and forward-looking maritime security can be key to an efficient maritime sector, and, therefore, national and regional economic development. Forty-seven navies…

Acciona has reached an agreement to sell its 92.7% stake in Trasmediterranea to the Naviera Armas Group. Acciona's stake is being sold for 260.4 million euros, and the buyer will assume 127.3 million euros of debt owed by Trasmediterranea to Acciona gr...

The Sasebo-based amphibious dock landing ship USS Ashland (LSD 48) rendered assistance to two distressed mariners, Oct. 25, whose sailboat had strayed well off its original course. The mariners, Jennifer Appel and Tasha Fuiaba, both from Honolulu…

When it comes to fishing vessel safety, the mission is clear, says Sandra Allnutt of the International Maritime Organization (IMO): enhance safety to save lives. “We want to reduce loss of life in one of the most dangerous professions in the world…

The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth. However, rates should strengthen from 2019 as fleet growth slows and trade remains strong, according to the latest edition of the LNG Forecaster…

Tokyo-based Astomos Energy Corporation and , Australia’s leading LPG marketer and distributor have signed a Memorandum of Understanding(MOU) for the further study of LPG as a ship bunker fuel(LPG bunkering). LPG bunkering is a possible solution…

Saudi Crown Prince takes bullish stance on supply cut deal; U.S. crude inventories show surprise build even as crude exports hit new record four-week average. Brent crude closed at a 27-month high on Thursday as the market focused more on comments…