Monthly Archives: January 2018

US-based Chevron Shipping Company (CSC) has awarded  the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s status…

The port of Antwerp has achieved a record freight volume for the fifth straight year in a row. In 2017 the port handled 223,606,610 tonnes of freight, an increase of 4.4% compared with the previous year. Practically all sectors turned in an…

Washington State Ferries, the nation’s largest ferry system, carried nearly 24.5 million passengers in 2017, its highest ridership since 2002. Ridership increased for the ninth consecutive year and was up by more than 250,000 over 2016. “We…

Offshore services vessel operator SEACOR Marine Holdings Inc. said it has formed a jointly owned company with affiliates of the world’s largest ship owner, COSCO Shipping Group. The Marshall Islands company, SEACOSCO Offshore LLC, entered into…

MAN Diesel & Turbo’s Part-Load Optimization is a tuning method designed to optimize fuel-oil consumption during the part-load operation of four-stroke, small-bore MAN auxiliary engines. “Part-Load Optimization works on the principle that fuel…

Shell has announced the final investment decision for the Penguins field redevelopment project in the UK sector. The decision includes the construction of a new-build Sevan Marine designed cylindrical FPSO. With the final investment decision, Sevan Mar...

Japan's Mitsui O.S.K. Lines (MOL) has announced that MOL acquired 100% of the issued shares of Azalea Maritime B.V. on December 21st, 2017. Azalea Maritime changed its name to "MOL Maritime (Europe) B.V." on January 1st, 2018. MOL will enhance…

Lauritzen Kosan has reflagged two of its ships to Denmark for the first time since 2003. The registers of the two vessels, the Helena Kosan and the Linda Kosan, have been changed to the Danish International Register of Shipping (DIS) as they begin a pe...

Over the past year, 29,646 sea-going vessels entered the port of Rotterdam. This is over 600 more than the preceding year (29,022 sea-going vessels). The number of incidents in the port fell from 159 to 129. This unfortunately included one ‘serious accident’.