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MOL’s Istra Ace Suspected of Oil Spill in LA

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March 14, 2016 A large car carrier owned by the Japanese shipping company Mitsui O.S.K. Lines(MOL) is linked to an oil spill in the Port of Los Angeles. Read More

MT Maximus Handed Over to Owners, Two Crew Still Unaccounted for

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March 14, 2016 The oil tanker MT Maximus that was rescued from pirates last month has been handed over to its owners, represented by Rene Von-Loenen of Super Maritime Nigeria Ltd. by the Nigerian Navy. Read More  

Helios LPG Pool Takes 8 VLGCs on Board from Oriental Energy

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March 14, 2016 Helios LPG Pool LLC, an LPG vessel pool jointly operated by Dorian LPG and Phoenix Tankers Pte, has reached an agreement with Oriental Energy Company, a propane dehydrogenation plant (PDH) operators and importers in China, whereby Helios LPG will operate Oriental Energy’s eight VLGCs. Read More

Dockyards Likely to Be Clogged by 2020 amid BWMC Uncertainty

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March 14, 2016 Dockyard and classification societies are likely to encounter a bottleneck in 2020 as numerous shipowners have decided to complete their International Oil Pollution Prevention (IOPP) renewal survey due to uncertainties on IMO’s Ballast Water Management Convention, the UK Chamber of Shipping said. Read More

Wärtsilä to Service Engines aboard BGT’s Six LNG Carriers

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March 14, 2016 Finnish marine engine builder Wärtsilä signed a deal to monitor and service the engines on board six new LNG carriers operated by Nigerian gas transportation company Bonny Gas Transport (BGT), a subsidiary of Nigeria LNG. Read More  

Pyxis Tankers Obtains Nasdaq Compliance Again

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March 14, 2016 The Greece-based product tanker company Pyxis Tankers Inc. has regained compliance with the Nasdaq’s continued listing requirements regarding the minimum closing bid price, the company said. Read More  

Concordia Maritime Secures New Deal for Its Stena Progress

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March 14, 2016 Swedish shipping company Concordia Maritime has signed a charter contract for its P-MAX tanker, Stena Progress. Signed with an unnamed national oil company, the contract comes into effect in April 2016 and will be valid for three years.  Read More

Goldenport Proposes Sale of Its Entire Fleet to Cover Debts

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March 14, 2016 London-listed Goldenport Holdings has proposed the sale of its entire fleet to the Dragnis family as it endeavors to negotiate a deal with lenders that would allow it to restructure its loans. Read More

MOL’s Istra Ace Suspected of Oil Spill in LA

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 14, 2016 A large car carrier owned by the Japanese shipping company Mitsui O.S.K. Lines(MOL) is linked to an oil spill in the Port of Los Angeles. Read More

Notice of Asset Freeze Served to MV Jin Teng

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 14, 2016 The seized North Korean cargo ship MV Jin Teng has received a notice of asset freeze from the Philippine Coast Guard, local media reported. Read More