According to the Lake Carriers’ Association, US-flag Great Lakes freighters (“lakers”) moved only 3.8 million tons of cargo in April, a decrease of nearly 50 percent compared to a year ago. Heavy ice, especially on Lake ...
Tags: Freight Shipments, Iron ore
Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
According to a report from the Lake Carriers’ Association, heavy ice formations on the Great Lakes continued to slash iron ore shipments in April. Shipments totaled only 2.7 million tons, a decrease of 52 percent compared to a year ...
Tags: Iron Ore, iron ore shipments
Scott Bader's Crystic Crestomer® 1196PA high performance urethane acrylate structural adhesive has recently been awarded a new certification approval by Det Norske Veritas AS (DNV) for its use in marine vessel construction. According to ...
Tags: adhesive, Chemicals, Construction
April coal exports out of the Richards Bay Coal Terminal fell 13% year on year and 21% on the month to 5.45 million mt, the 91 million mt/year South African facility said Tuesday. RBCT shipments at the end of April stood at an annualized ...
Tags: Coal Exports, coal
Polarcus Naila returns to operations with significantly increased capacity Tuesday, May 06, 2014 Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces that Polarcus Naila is presently mobilizing for the highly prefunded ...
Tags: Polarcus Naila, Increased Capacity
The Vietnamese government and state-owned PetroVietnam have objected to drilling operations by China National Offshore Oil Corp. in the South China Sea, saying that a rig owned by the Chinese company is in Vietnamese waters. Vietnam's ...
Pall Corporation, a global leader in filtration, separation and purification, announced it has acquired Filter Specialists Inc. (FSI), a worldwide supplier of filtration products and solutions based in Michigan City, Indiana. ...
Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
Brazilian ethanol exports reached 137.4 million liters (36.3 million gallons) in April, up 77% from 77.7 million liters in March and up 33% from 103.3 million liters the same month last year, according to the latest data from the ...
Tags: Ethanol Exports, ethanol
Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
AkzoNobel's Marine Coatings business, supplier of International advanced hull coatings, and The Gold Standard Foundation have announced a new and unique methodology to reward the improved fuel efficiency of ships within the international ...
Tags: Construction, Decoration, Coating
According to the information released by , the port e The milestone was achieved on the morning and evening tide on April 28, resulting in a total of 2,028,105 mt exported. As a result, Port Hedland managed 24 vessel movements in the ...