Singapore-based port administrator PSA International dealt with 9.8 percent more container volumes in 2017, contrasted with the earlier year. The organization recorded an aggregate of 74.24 million TEUs at its port undertakings around the globe for December 31, 2017. PSA's leader office, PSA Singapore Terminals contributed 33.35 million TEUs, while terminals outside Singapore took care
According to Global Service Maritime (GSM) and GAC, and due to suspicious infiltrations in Depositi Costieri Trieste, the company managing the bunker deposit in the port, all bunkering operations with place at Port of Trieste, Italy, have been suspended. Few months ago, the port authority requested an information report related to the anti-mafia law, as part of
According to Gibson Shipbrokers, 2018 may be a very busy year, perhaps the busiest since 2010 when it comes to deliveries. For 2018, 40 million dwt of crude and product tankers (over 25,000 dwt) are expected to be delivered, compared to the 35.5 million of 2017. U.S. crude production is expected to average 775,000 b/d higher
MAN Diesel and Turbo's gas, and marine fuels and LNG manufacturer, MAN Cryo, secured a contract with Swedish infrastructure company Swedegas to supply a liquefied natural gas storage facility in the port of Gothenburg. This gas pipeline will provide a more flexible solution for LNG customers and suppliers and will be open to multiple suppliers.
The Chinese government has made cruise shipbuilding its main target in its Made in China 2025 program, in order to take advantage of the $ 117 billion industry profitability with improvements to its domestic capacity, which is why Chinese shipbuilders are increasingly interested in being part of cruise shipbuilding, whose segment accounted for almost half
“I will not hesitate in defending our waters or tolerate any form of aggression. "Britain will never be intimidated when it comes to protecting our country, our people, and our national interests." Those were the words of Defence Secretary Gavin Williamson regarding the Russian warship Admiral Gorshkov. On December 23rd, Frigate HMS St Albans was
Regardless being pointed as the world’s most indebted oil company, Petrobras has announced they will stick to its investment commitment for the next 5 years period (2018-2022). The estimated amount of investment is around the $74.5 billions of dollars, a little bit more than the last investment in the previous period (2017-2021) for $74.1 billions.
The Post Panamax, MV Hamburg, one of the container vessels of Diana Containerships Inc, has entered into a charter contract with Wan Hai Lines, from Singapore. Not directly, but through a separate subsidiary – The company specializing in the ownership of containerships said. Diana Containerships Inc.’s fleet currently consists of 11 container vessels (6 Post-Panamax
At the end of 2015, the validation project "Sea Traffic Management", aimed to connect the simulators of different European centers of maritime training. The European Union's STM has successfully installed the first bridge systems compatible with maritime traffic management, which connect ships with ground services. The STM project is funded by the European Union and
The Technology Services Company, ABB, has expressed its support for the Ocean Pollution Control Group by providing on-board systems and expertise to support research trips carried out by a charity whose primary mission and purpose is to highlight the damage caused by the millions of tons of plastics that end up polluting the waters of the world's oceans every year. The environmental advocacy group that is benefiting is
