Mexico's economy minister said his country was ready to renegotiate trade rules with the United States and that any change in U.S. tax policy that affected imports would have to be countered with a "mirror action" in Mexico. U.S. President Donald Trump...
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Watermakers Add Safety, Convenience, Value
Boats are a lot like homes: upgrades and enhancements add to their comfort and livability, and increase their value. FCI Watermakers explores how adding a watermaker to a vessel is an investment that pays dividends in terms of safety and convenience, a...
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Navios Maritime Midstream Partners Announces Cash Distribution
Navios Maritime Midstream Partners L.P. announced that its Board of Directors has declared a cash distribution of $0.4225 per unit for the quarter ended December 31, 2016. This distribution represents an annualized distribution of $1.69 per unit.
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Georgia Ports See Double-digit Growth in December
The Georgia Ports Authority marked 12.3 percent container volume growth in December, moving 292,172 twenty-foot equivalent container units, an increase of 32,099 TEUs compared to December 2015, a record for the GPA. Roll-on/Roll-off cargo mirrored that growth…
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Abu Dhabi Ship Building Adds New Dry Dock
Abu Dhabi Ship Building PJSC (ADSB) held a ceremony to inaugurate its new floating dry dock at its location in Zayed Port. The floating dock, which began servicing vessels in July 2016, has greatly enhanced ADSB’s commercial service offering…
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Palau Ship Registry Opens Greek Office
Palau International Ship Registry (PISR) has expanded upon its presence in Houston with the opening of a new head office in Piraeus, Greece. PISR said it expanded in the heart of the world shipping community in order to better serve the needs…
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USCG Approves Global Maritime as TPO for Subchapter M Services
Global Maritime Consultancy & Engineering, a provider of offshore marine warranty, dynamic positioning and engineering services, has been approved by the United States Coast Guard (USCG) to provide Subchapter M compliance services as a Third Party Organization (TPO).
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Thin Plate Panel Line for Vard Tulcea Shipyard
Pemamek has signed an agreement to deliver a thin plate panel line to Vard Shipyard in Tulcea, Romania. The new delivered solution will ensure a high-quality production of demanding thin plate panels used in building vessels, such as special cruise ships.
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EMGS Inks Charter for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner of the vessel) at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend th...
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Scorpio lines up $172m in loans for newbuilds
Scorpio Tankers Inc. announced today that the Company has received commitments for a loan facility of up to $172 million from a group of financial institutions including Macquarie Bank Limited (London Branch), DekaBank Deutsche Girozentrale ("DekaBank")…
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