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In light of International Women’s Day, we talk about leadership, empowerement, skills and their wishes with some colleagues and

As of Friday March 8, iron ore stocks across 35 Chinese ports grew 2.24 million mt from a week ago to 135.81 million

DescriptioTengiz is one of the most prolific oil and gas producing fields in the world today. Operations at Tengizchevroil, or TCO, have been a foundational part of Chevron’s portfolio since the partnership was formed in 1993. Since its startup, TCO’s facilities have been expanded and optimized to increase production capacity and reliability while improving safety and environmental performance. Learn about the innovations and progress of two projects now underway to further develop the field – the Wellhead Pressure Management Project and the Future Growth Project. Both projects will help boost ...

Daily rates on main tanker routes as compiled by shipbroker Charles R. Weber.

Inmarsat CEO Rupert Pearce discusses three big takeaways from our Full Year Annual Results 2018 that have seen Inmarsat

Diana Holland, chair of the ITF women transport workers’ committee, discussing the signing of the joint ground breaking agreement

Take a virtual tour through the newest distribution park at Maasvlakte: Distribution Park Maasvlakte West

The world’s oceans are at the centre of transnational organised crimes committed by profit-driven networks operating across borders. The United Nations Security Council recently convened to discuss the threat this poses to international peace and security. While Somali piracy in the Western Indian Ocean focused the world’s attention on the oceans, numerous other transnational organised crimes are taking place across the globe. The Western Indian Ocean also serves as a highway for multiple ton shipments of heroin , Somali charcoal and illegal wildlife products . Piracy and armed robbery are ...

Seaspan Corporation announced its financial results for the quarter and year ended December 31, 2018. Earnings per diluted share of $0.25 for the fourth quarter and $1.31 for the full year Record quarterly and annual operating earnings of $134.4 million for the fourth quarter and $469.9 million for the full year Record quarterly and annual cash flows from operations of $149.3 million for the fourth quarter and $483.9 million for the full year Achieved vessel utilization of 97.3% for the fourth quarter and 97.8% for the full year Executed plan ...

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets.

Ardmore Shipping (NYSE:ASC) received a $7.00 price target from equities researchers at Morgan Stanley in a report issued on Friday, February 15th. The brokerage currently has a “hold” rating on the shipping company’s stock. Morgan Stanley’s target price suggests a potential upside of 29.63% from the company’s current price. Separately, Zacks Investment Research downgraded shares of Ardmore Shipping from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have assigned a ...

The Head, Maritime Guard Command of the Nigerian Maritime Administration and Safety Agency (NIMASA), Navy Capt. Yahuza Badamosi has revealed that delay in passage of the Piracy Bill and the slow judicial process in the country are major reasons piracy attacks persists on Nigerian waterways. Speaking recently when the Shipping Correspondents Association of Nigeria (SCAN) paid a courtesy visit to the NIMASA management in Lagos, Navy Capt. Badamosi explained that there is no law yet in the country that criminalizes piracy activities. According to Captain Badamosi, “it is important that ...

Dubai-based P&O Ports has placed the sole bid in the tender for the sale of Serbia’s Luka Novi Sad, the state-owned company operating the Danube river port of Novi Sad, the Serbian ministry of economy said. The privatisation commission will review the submitted documents and if they comply with the established rules, the economy ministry will shortly proceed to the opening of the envelope containing the financial offer, the ministry said in a statement on Tuesday. In December, Serbia launched a new tender for the sale of Luka Novi Sad ...

The capacity of cargo terminal in Iran’s Astara city, which the Azerbaijani side leased for 25 years, is planned to be increased to five million tons per year, said Elkhan Asadov, head of the tariff department of Azerbaijan Railways CJSC, Trend reports March 5. He was speaking at the seventh meeting of the Coordinating Council of the North-South International Transport Corridor in Iran. He said that the terminal has capacity of two million tons per year. In addition to the 35-hectare cargo terminal, the Azerbaijani side leased a 1.4-kilometer-long railway ...

The Jacksonville Port Authority (JAXPORT) Board of Directors today unanimously approved a long-term agreement with experienced terminal operator SSA Marine for the development and operation of a state-of-the-art, $238.7 million international container terminal at JAXPORT’s Blount Island Marine Terminal. The facility, SSA Jacksonville International Gateway Terminal, is an expansion of SSA Marine’s current leasehold at Blount Island and will offer deepwater berthing space to accommodate the larger container ships calling JAXPORT from Asia more fully loaded. SSA Marine will expand to approximately 80 acres of terminal operating space, with the ...