Khalifa Port to double container volumes in 2019, official says

Khalifa Port to double container volumes in 2019, official says

A new terminal operated by China's Cosco Shipping Ports was inaugurated on Monday Khalifa Port expects to double the number of containers handled next year with the help of China’s Cosco Shipping Ports, which …
Dec 10, 2018 /  Curious
Samsung Heavy Industries signs 400-bln-won shipbuilding contract for 2 LNG carriers

Samsung Heavy Industries signs 400-bln-won shipbuilding contract for 2 LNG carriers

Samsung Heavy Industries Co. (SHI), a major shipyard here, said Friday that it has clinched a 400-billion-won (US$358 million) deal to build two LNG carriers. Caption: -SHI-built LNG carrier GasLog Santiago - Image …
Dec 10, 2018 /  Curious
DSME awarded shipbuilding contract by Maran Gas for one LNG carrier

DSME awarded shipbuilding contract by Maran Gas for one LNG carrier

Daewoo Shipbuilding & Marine Engineering Co. (DSME), one of the largest shipbuilders in the world, said Monday it has received an order to build a liquefied natural gas ship for a Greek company. Caption: Maran Gas …
Dec 10, 2018 /  Curious
Swissco Sells Vessels to Allianz Middle East

Swissco Sells Vessels to Allianz Middle East

Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division, which is expected to help reduce the group's …
Dec 10, 2018 /  Curious
Incat Crowther to Design Double-Ended Ro-Pax Ferry

Incat Crowther to Design Double-Ended Ro-Pax Ferry

Incat Crowther announced earlier today the design of a double-ended Ro-Pax Ferry to operate to Bruny Island in Tasmania. The vessel will be operated by Sealink Travel Group – one of Australia’s largest …
Dec 10, 2018 /  Curious
Port of Tallinn rewards emission-reducing ships with a discount of up to 8% on tonnage fees

Port of Tallinn rewards emission-reducing ships with a discount of up to 8% on tonnage fees

Starting in 2019, ships participating in the Environmental Ship Index (ESI) in working towards reducing air emissions may apply for up to 8 per cent discount on tonnage fees in the harbours of the Port of Tallinn. The …
Dec 10, 2018 /  Curious
FSL Trust Orders Two LR2 Tanker at Cosco yard

FSL Trust Orders Two LR2 Tanker at Cosco yard

Singapore-based First Ship Lease Trust (FSL Trust) Management has entered into a letter of intent with China’s Cosco Shipping Heavy Industry (Yangzhou) to order two LR2 product tankers, fitted with scrubbers, for …
Dec 7, 2018 /  Curious
MOL to Participate in Construction, Ownership, Operation of FSRU for Jawa 1 Gas-Fired IPP Project in Indonesia

MOL to Participate in Construction, Ownership, Operation of FSRU for Jawa 1 Gas-Fired IPP Project in Indonesia

Leveraging Know-how in Asia’s 1st Gas-to-Power Project using FSRU Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the company has signed deals for construction of a floating storage and regasification unit …
Dec 7, 2018 /  Curious
Tellurian and Vitol Sign MOU for 15-year LNG sale on JKM

Tellurian and Vitol Sign MOU for 15-year LNG sale on JKM

Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that its subsidiary, Tellurian Trading UK Ltd. (Tellurian Trading), has entered into a Memorandum of Understanding (MOU) with Vitol Inc. (Vitol) to supply 1.5 …
Dec 7, 2018 /  Curious
A Port of Oakland export that’s winning the trade war - Scrap paper shipments finding new markets, up 3 % despite headwinds

A Port of Oakland export that’s winning the trade war - Scrap paper shipments finding new markets, up 3 % despite headwinds

A scrappy little export commodity at the Port of Oakland is winning the battle against global trade headwinds. The Port said Thursday that scrap paper shipments were up 3 percent in the first 10 months of 2018. The …
Dec 7, 2018 /  Curious