USA funds small shipyards modernization, which aims improve efficiency and competitiveness. The Department of Transportation’s Maritime Administration (MARAD) in US today open Small Shipyard Grant Program fund of 4.9 million USD for Federal support capital improvements and employee training in small US shipyards, which must help them to compete more …
Read More »Stevedores at Port of Lisbon extended strike until end of January 2016
The stevedores in the Port of Lisbon extended their strike until the end of January 2016, due to unpaid salaries for December. The dockworkers’ union started the strike on 14th November, as their previous collective bargaining agreement expired and there were long negotiations between port authorities and employees. The long …
Read More »KrisEnergy started extraction at Nong Yao field offshore Thailand
KrisEnergy announced that the extraction of oil from Nong Yao field in Thailand started successfully. The company is working under the G11/48 licence in the Gulf of Thailand and started extraction from first three wells in cooperation with the partners Mubadala Petroleum and Palang Sophon. The Nong Yao field will …
Read More »Spot rates on Asia-Europe trade routes fell to historic lows
The spot rates on Asia-Europe trade routes fell to historic lows, dropping with 32% during the last week, reported Shanghai Container Index (SCFI). The index rates on Asia-Europe routes fell by 214 USD, reaching 444 USD per TEU, which is the lowest level in the history of the maritime transport. …
Read More »Hyundai Heavy Industries built its 2000th ship
Hyundai Heavy Industries built its 2000th ship since its establishment in 1970. The South Korean shipyard completed the building and delivered the 2000th vessel to Diamond Offshore Drilling Services. The millennium vessel for Hyundai Heavy Industries is the drillship Ocean BlackLion. The shipbuilder is the first, which reached such record. …
Read More »Import volumes through Vladivostok port decreased by 40%
Import volumes through Vladivostok port decreased by 40% for the first four months of 2015, compared with the same period last year. The decline occurred in almost all products, as motor vehicles and parts import decreased with 50%, equipment with 60%, meat and meat products by 40%. Also according to …
Read More »River barge Kreuzenstein allided with pillar on Danube river in Austria
The river barge Kreuzenstein allided with pillar of the East Railway Bridge in Stadtlau Austria on Danube river. The accident happened after the barge lost propulsion power and hit the pillar with slow speed. The bridge was closed for railways for several hours before full inspection of the pillar. It …
Read More »General cargo ship Professor Katsman grounded in Volga river
The general cargo ship Professor Katsman grounded on a mud bottom in Volga river after left the fairway due to navigation mistake of the duty officer. The vessel was making a voyage with 2,427 tons of general cargo on board from from St Petersburg to Baku, Azerbaijan. The ship hardly …
Read More »Golar LNG chartered six LNG carriers to Trafigura for Argentina tender
The Norwegian Golar LNG chartered six LNG carriers to the Swiss energy trader Trafigura. The vessels were time chartered until September and will transport liquefied natural gas to the newest tender of Trafigura – Argentina. The financial terms of the charter are not disclosed, but according to official sources, the …
Read More »CMA CGM increases capacity in Asia-North Europe routes
The container operator CMA CGM increases capacity in Asia-North Europe routes, launching two new loops. The French container line will increase its capacity on the important trade route from 1 million TEU to 1.3 million TEU and the vessels engaged into the loops from 87 to 106. With such number …
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