MSC Makes Significant Investment in Portugal’s Largest Dry Port

MSC Makes Significant Investment in Portugal’s Largest Dry Port

MSC Mediterranean Shipping Company through its rail freight operator Medway in Iberia, is making a significant investment in the construction of Portugal’s largest dry port to address the growing needs of exporters …
Jan 30, 2019 /  Vessels
Port of Corpus Christi Secures $59 million in Additional Funding for the Channel Improvement Project

Port of Corpus Christi Secures $59 million in Additional Funding for the Channel Improvement Project

The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding …
Nov 28, 2018 /  Finance
Yamal LNG Completes First Ship-to-Ship LNG Transshipment in Norway

Yamal LNG Completes First Ship-to-Ship LNG Transshipment in Norway

PAO NOVATEK (NOVATEK) announced today that its joint venture Yamal LNG completed the first ship-to-ship LNG transshipment in the area near the port of Honningsvag in northern Norway. Images courtesy of PAO …
Nov 26, 2018 /  Vessels
Charleston Harbor Deepening Project Receives $41.4 Million Federal Funding

Charleston Harbor Deepening Project Receives $41.4 Million Federal Funding

Yesterday the U.S. Army Corps of Engineers (USACE) announced $41.4 million for the Charleston Harbor Deepening Project in the Fiscal Year 19 Work Plan, funds that will further the progress of deepening the Charleston …
Nov 22, 2018 /  Curious
Port of New Orleans Handles Largest Container Ship to Date

Port of New Orleans Handles Largest Container Ship to Date

The Port of New Orleans (Port NOLA) welcomed its largest container ship ever when the CMA CGM operated Pusan C, a 9,500 twenty-foot-equivalent unit (TEU) vessel, called on Oct. 8 at the Napoleon Avenue Container Terminal …
Oct 12, 2018 /  Vessels
Diana Shipping Announces Direct Continuation of Time Charter Contract for mv Medusa with Cargill

Diana Shipping Announces Direct Continuation of Time Charter Contract for mv Medusa with Cargill

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, Tuesday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter …
Sep 5, 2018 /  Vessels
Migrant Boat Sinks Off Tunisia, at Least Five Dead

Migrant Boat Sinks Off Tunisia, at Least Five Dead

Tunisia’s coast guard said it recovered the bodies of five migrants on Thursday whose boat sank as they tried to cross the Mediterranean to the Italian island of Lampedusa. Crews were now searching for another …
Aug 23, 2018 /  Accidents
Vehicles carrier Orca Ace calls Port of Vancouver USA on her maiden voyage

Vehicles carrier Orca Ace calls Port of Vancouver USA on her maiden voyage

The Port of Vancouver USA welcomed the M/V Orca Ace, commanded by Capt. Yury Golovatyuk of Russia, on her maiden voyage Aug. 8. Caption: Photo credit: Port of Vancouver USA   Capt. Golovatyuk and his …
Aug 13, 2018 /  Vessels
NOVATEK Shipped First LNG Cargo to China

NOVATEK Shipped First LNG Cargo to China

PAO NOVATEK (NOVATEK) has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Yesterday, in the presence of Alexander Novak, the Minister of Energy …
Jul 20, 2018 /  Vessels
Yamal LNG Project Ice-Breaking LNG Carrier Vladimir Rusanov Completes First Eastern Transit via the NSR, heading to East Asia

Yamal LNG Project Ice-Breaking LNG Carrier Vladimir Rusanov Completes First Eastern Transit via the NSR, heading to East Asia

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) Friday announced that the Ice-Breaking LNG Carrier Vladimir Rusanov, which is jointly owned by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), has …
Jul 9, 2018 /  Vessels