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High US Gulf Coast crude stocks spark talk of barge conversions

17/04/2014
Talk of barging crude from the US Gulf of Mexico up to the East Coast is gaining traction as oil inventories

ClassNK Approves New Super-Efficient Fillet Welding Consumable

17/04/2014
Leading classification society ClassNK announced that it has granted type approval for the new MX-200F

Crashes in crucial U.S. crude waterway hit 10-year low

17/04/2014
Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more

Cargo transit via Russian Arctic Northern Sea Route at new record high in 2013

17/04/2014
Traffic via the Northern Sea Route (NSR) that runs across Arctic waters continues to grow and hit new

TUI stake in Hapag-Lloyd to drop to 13.9 pct after CSAV tie-up

17/04/2014
German travel and tourism company TUI AG's stake in container shipping company Hapag-Lloyd will drop

VOS B.V. develops “walk-to-work” vessel concept

17/04/2014
Vroon Offshore Services (VOS) B.V. Den Helder has completed a first, new “walk-to-work” vessel concept

Sekimizu 'keen to implement' industry proposals at next MEPC

17/04/2014
IMO chairman Koji Sekimizu has welcomed industry proposals for alterations to be made to the Ballast Water Management

Steel, Shipbuilding, Shipping Sectors to Work Together to Overcome Current Recession

17/04/2014
The Korea Iron and Steel Association (KOSA), the Korea Offshore & Shipbuilding Association, and the Korea

Maritime industry lacks broad policy

17/04/2014
The Chief Executive Officer (CEO) of the Ghana Shippers' Authority (GSA), Dr Kofi Mbiah, is advocating a comprehensive policy framework for the maritime trade

North Sea Crude-Potential VLCC moves to South Korea

17/04/2014
North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two

Feature: California dreaming ... of more US-flag tankers

17/04/2014
California is a land of contrasts and paradoxes. If the GDPs of US states were compared to those of other countries, California would have the eighth largest economy in the world, on a par with that of Italy or Canada. The Golden State accounts for 13% of the total US GDP and one in nine new cars in the country are sold in California. Yet California’s per capita energy

EU shipowners applaud European Parliament’s change of heart on monitoring of CO2 emissions

17/04/2014
The plenary of the European Parliament (EP) adopted today its report on the Commission

Hapag-Lloyd and CSAV agree to merge and create the fourth largest container shipping company

17/04/2014
Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) today signed a binding contract

Japan's Feb bonded bunker fuel sales up 0.2% on year at 1.9 mil barrels: METI

17/04/2014
Japan's bonded bunker fuel sales edged up 0.2% year on year to 1.91 million barrels (304,341 kl) in February, data

Misleading signals

17/04/2014
Last year, the shipping industry saw about 33% lower deliveries, and analysts felt that the market was finally stabilising. The lower delivery of vessels also helped soothe the oversupply

Asia Fuel Oil-180-cst crack to Dubai drops to more than 4-month low

17/04/2014
The 180-cst fuel oil crack spread to Dubai crude widened to a more than four-month low on Wednesday, as abundant

James Fisher Defence awarded a special commendation for submarine rescue exercise

17/04/2014
James Fisher Defence (JFD), the leading global sub-sea operations and engineering company, has been awarded

Cargotec appoints Roland Sundén to head Hiab business area as of 1 May 2014

17/04/2014
Roland Sundén, M.Sc. (Mech. Eng.), (b. 1953) has been appointed President of the Hiab business area as of 1

Bahri Q1 profit jumps 41%

16/04/2014
The National Shipping Co. of Saudi Arabia (Bahri) reported SAR 195.1 million net earnings for Q1-14, compared with SAR 138.1 million in Q1-13, a jump of 41.27%. The earnings per share

Fathom launch free magazine dedicated to ship efficiency

16/04/2014
Maritime efficiency specialists, Fathom have launched a new quarterly magazine solely dedicated clean technology solutions
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