Dubai's state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even as revenue climbed nearly 14%, and flagged an uncertain outlook for trade.Profit attributable to DP World's owners in the…
Read more
Poland’s Orlen, Gaz-System Sign Gas Deal for Planned Floating Terminal
Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 liquefied natural gas (LNG) cargoes per year at a planned floating gas terminal, the energy company said on Friday.Poland has…
Read more
First Ship to Use Ukraine’s Corridor Arrives in Istanbul
The first vessel that used Ukraine's Black Sea corridor is crossing through Turkey's Bosphorus Strait, a Reuters witness said on Friday.The Hong-Kong-flagged Joseph Schulte container ship that left the Russian-blocked Ukrainian Black Sea port…
Read more
Great Lakes Awarded Lower Miss Dredging Contract
Houston-based dredging contractor Great Lakes Dredge & Dock has been awarded a contract from the U.S. Army Corps of Engineers' New Orleans District for Mississippi River dredging in Plaquemines, La.Great Lakes was one of two bidders for the project…
Read more
USACE Begins Dredging Near Brownsville, Minn.
The U.S. Army Corps of Engineers, St. Paul District, began dredging the Mississippi River navigation channel near Brownsville, Minn., in Pool 8 this week to ensure the channel remains open for commercial navigation.Dredging is expected to continue…
Read more
ClassNK Offers Insights on New EU Fuel Rules
ClassNK recently released FAQs on the FuelEU Maritime (1st Edition), an overview and necessary preparation for FuelEU Maritime, regulations newly introduced by the European Union (EU) to promote the decarbonization of fuels used on board ships.The…
Read more
SECNAV Visits Bayonne Dry Dock
Earlier this week, Secretary of the Navy (SECNAV) Carlos Del Toro along with U.S. Representatives Rob Menendez and Mikie Sherrill visited to Bayonne Dry Dock & Repair Corp. (BDD).As the U.S. places renewed emphasis on navy shipbuilding and ship repair…
Read more
Kazakhstan Could Redirect Oil Exports via Russia’s Baltic Ports if Black Sea Situation Worsens
Aug 18 (Reuters) - Kazakhstan could redirect oil exports to Russia's Baltic Sea port of Ust-Luga instead of Novorossiysk, if the situation on the Black Sea deteriorates, the head of Kaztransoil's transport department said on Friday.Kaztransoil's…
Read more
Training Issues Highlighted in LPG Carrier Engine Room Fire
The UK Marine Accident Investigation Branch (MAIB) has published its accident investigation report into the fatal engine room fire on board Moritz Schulte on August 4, 2020, citing training issues.On 4 August 2020, a fire broke out in the engine…
Read more
Turkey Warned Russia After Cargo Ship Incident in Black Sea
Turkish authorities warned Russian counterparts after an incident involving a cargo ship in the Black sea which took place within international waters, Turkish presidency said in a post on X, formerly known as Twitter, on Thursday."Following the incide...
Read more