SAR Transport Systems Pvt Ltd

02 Dec

Britain must negotiate a staggered departure from the European Union over several years or risk banks leaving the country, the biggest banking lobby group will warn the government in coming...

02 Dec

Spain Unemployment Rises In November

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in World Economy News

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Spain’s unemployment increased in November, data from the labor ministry showed Friday. The number of registered unemployed increased by 24,841 in November from prior month. Consequently, the people out of...

02 Dec

Samsung Heavy Industries Cancels USD 774 Million LNG FPSO Order

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in Asia Pacific, Company News, contract, Europe & Eurasia, Featured, Headlines, LNG FPSO, News by topic, NEWS category, Offshore News, Regional news, rermination, Samsung Heavy Industries, SHI, Shipbuilding, Shipbuilding News

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South Korea’s Samsung Heavy Industries (SHI) has terminated a contract for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an...

02 Dec

Princess Cruises to Pay Largest-Ever Penalty for Dumping Oily Waste

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in Americas, Carnival Corporation, Company News, dumping oily waste, Europe & Eurasia, Featured, Ferry & Cruise News, Headlines, News by topic, NEWS category, Penalty, Press releases, Princess Cruises, Regional news

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California-based cruise line Princess Cruises, part of Carnival Corporation, has agreed to pay USD 40 million penalty – the largest-ever criminal penalty involving deliberate vessel pollution – and plead guilty...

02 Dec

Höegh LNG Inks 20-Year FSRU Contract in Ghana

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in Africa, Company News, Europe & Eurasia, Featured, FSRU, Ghana National Petroleum Corporation, Headlines, Höegh LNG, News by topic, NEWS category, Offshore News, Press releases, Quantum Power Ghana Gas Limited, Regional news, Shipping News, Tema LNG

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Höegh LNG has signed a contract with Quantum Power Ghana Gas Limited to provide a floating storage and regasification unit (FSRU) for the Tema LNG import terminal located close to...

02 Dec

Wind turbine manufacturer Siemens Wind Power has presented the world’s first heavy cargo Roll on/Roll off (RoRo) vessel custom designed to transport wind turbine components at the Port of Esbjerg...

02 Dec

Shanghai Maritime Court Orders Varun to Pay Amba Bhakti Crew

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in Abandoned crew, Amba Bhakti, Company News, Featured, Headlines, News by topic, NEWS category, Regional news, Shanghai Maritime Court, Shipping News, South & Central Asia, Varun Shipping

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Shanghai Maritime Court has ordered the owner of the crude oil tanker Amba Bhakti to pay USD 110,000 to the vessel’s crew, local media report. The five crewmembers, three...

02 Dec

Ahrenkiel and Vogemann Bolster Bulker Pact

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in Ahrenkiel Steamship, Ahrenkiel Vogemann Bulk, Company News, Europe & Eurasia, Featured, H. Vogemann Reederei, Headlines, joint venture, News by topic, NEWS category, Regional news, Shipping News, technical management

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Hamburg-based shipping companies, Ahrenkiel Steamship and H. Vogemann Reederei, are merging their activities involving the technical management of bulk carriers. The joint venture set up for this purpose, with the...

01 Dec

LNG spot fixture rise considerably in 2016 as LNG shipping picks up steam

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in Hellenic Shipping News, Tops, ΒunkerportsnewsΠρώτηΣελιδα

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A total of around 300 spot fixtures are expected to be concluded in 2016, a significant step up from around 190 voyages in 2015, said ship owner Golar LNG this...

01 Dec

DryShips’ Majority of Debt Now in the Hands of Founder Economou

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in Hellenic Shipping News, Tops

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DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced that a company controlled by Mr. George Economou, our Chairman and CEO has become the lender of...

01 Dec

If I place my vessel in layup, will the vessel attract a lower premium rating?

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in Marine Insurance P&I Club News, Tops

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The Club acknowledges that vessels entering into laid up status present a much lower risk. As a consequence, policies written by the Club can allow for a return of premium...

01 Dec

Euro-Area Unemployment at 7-Year Low as Recovery Proceeds

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in World Economy News, Πρώτη σελιδα

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Euro-area unemployment unexpectedly declined in October to the lowest level in more than seven years, signaling that companies are confident in the region’s slow but steady recovery. The joblessness fell...

News & Updates

Stagger Brexit over years or we could leave – Banks to Britain

Spain Unemployment Rises In November

Samsung Heavy Industries Cancels USD 774 Million LNG FPSO Order

Princess Cruises to Pay Largest-Ever Penalty for Dumping Oily Waste

Höegh LNG Inks 20-Year FSRU Contract in Ghana

Spotted: World’s First Wind Turbine Components Carrier Opens Wide

Shanghai Maritime Court Orders Varun to Pay Amba Bhakti Crew

Ahrenkiel and Vogemann Bolster Bulker Pact

LNG spot fixture rise considerably in 2016 as LNG shipping picks up steam

DryShips’ Majority of Debt Now in the Hands of Founder Economou

If I place my vessel in layup, will the vessel attract a lower premium rating?

Euro-Area Unemployment at 7-Year Low as Recovery Proceeds

Newbuilding ordering activity remains at a standstill, boding well for future tonnage supply

Verifavia Shipping Expands Into Greece and Cyprus

BIMCO and GIIGNL publish a groundbreaking voyage charter party for LNG trade

Dry bulk recovery will need demand growth to outpace supply, in order to materialize says shipbroker

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