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LNG Ship Rates Fall to Almost Two-Year Low as Price Gap Closes

17/05/2013
Rates to ship liquefied natural gas fell to the lowest in almost two years as the opportunity to profit from shifting cargoes to Asia closed,

Wärtsilä AQUARIUS EC Ballast Water Management System receives Final Approval status

17/05/2013
Wärtsilä, the marine industry’s leading solutions and services provider, has received the Final

MARIS enhances US ECDIS expertise

17/05/2013
Marine electronics specialist MARIS AS has completed an ECDIS (electronic chart data information systems) technical training programme to enhance support

Intermodal LNG Tanks Answer Two Challenges for Marine Industry, Zeus Finds

17/05/2013
Recent analysis by energy research firm Zeus Development Corporation has identified International Organization of

IMO’s GloBallast Partnerships Project wins International Maritime Award

17/05/2013
IMO’s GloBallast Partnerships Project, which assists developing countries and their maritime industries for

BSL Announces Shipping Services from USA to Beijing

17/05/2013
Bluesea Shipping Lines offers reliable shipping services to Beijing from USA. Beijing is the capital city of China

Farstad Shipping ASA: Completed Bond Issue

17/05/2013
Reference is made to the notification sent 15 May 2013 regarding potential new bond issues by Farstad

Norden: Interim report –first quarter 2013

17/05/2013
NORDEN concluded the first quarter 2013 with operating earnings (EBITDA) of USD 10 million (USD 50 million).

Eight lines to offer three Asia - South America joint services

17/05/2013
Eight container lines will launch three new joint services between the Far East and South America East Coast

RINA announces annual results

17/05/2013
The Board of Directors of RINA S.P.A has approved the consolidated balance sheet for the period 2012:

Maersk takes slots on MSC Israel – Black Sea service

16/05/2013
As of the end of May, Maersk Line will begin to buy slots on MSC’s weekly Egypt – Israel – Russia service (#1945), currently served by the 1,384

Cabinet may allow Sail & RINL to tie-up shipping lines

16/05/2013
The government is likely to give more freedom to state-run Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) to tie up their

MOT announces latest support to shipping

16/05/2013
The Ministry of Transport will put more effort to clear improper charges to shipping companies this year, He Jianzhong, deputy director of MOT said.

IEA’s Refinery-Growth Cut Seen Curbing Product-Tanker Optimism

16/05/2013
The International Energy Agency’s reduced forecast for expansion in global refining may temper expectations for an improved market for

Bureau Veritas emphasises global strength and diversity

16/05/2013
International classification society Bureau Veritas has emphasised its global strength and the diversity of services it delivers in its annual group

Farstad Shipping ASA: Contemplating new bond issues

16/05/2013
Farstad Shipping ASA is contemplating the issuance of new 5 year and/or 7 year unsecured bonds in the Norwegian bond market. The net

GE Shipping contracts to sell a handymax dry bulk carrier

16/05/2013
Great Eastern Shipping Company, the shipping and offshore service provider, announced that the company has signed a contract to sell

Survey of Internet Facility On Board Vessels

16/05/2013
The ITF have been contacted by a UK University, which is working with the University of the Aegean, as part of a project on the retention of seafarers. They are particularly interested

Martek Marine: “shipping companies face potential manslaughter charges”

16/05/2013
Martek Marine is advising shipping companies that they are putting themselves at risk of facing corporate manslaughter charges

RS to provide the industry with new standards for Arctic ships

16/05/2013
Russian Maritime Register of Shipping (RS) is to introduce new requirements in its Rules, concerning ships operating in Arctic seas.
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