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Philly Shipyard Starts Building APT’s 1st LNG-Ready Tanker

Posted By Tony Sanchez / Airlines / 0 Comments

January, 28, 2016 Philly Shipyard, Inc. (PSINC) has laid the keel for the first product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan subsidiary. Read More

MSC Flaminia Fire Helps EU Develop Guidelines on Places of Refuge

Posted By Tony Sanchez / Uncategorized / 0 Comments

January, 28, 2016 The European Commission presented the new EU operational guidelines for ships in need of assistance in the aftermath of theMSC Flaminia accident, which occurred in July of 2012. Read More

AMP Fight Off Jones Act Attack

Posted By Tony Sanchez / Uncategorized / 0 Comments

January, 28, 2016 The American Maritime Partnership (AMP) disagrees with the findings of the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) entitled Jones Act: Protectionism v. Global Trade. Read More

Mercator Lines Inks Deals to Sell Five Bulkers

Posted By Tony Sanchez / Uncategorized / 0 Comments

January, 28, 2016 Singapore-incorporated Mercator Lines has entered into Memoranda of Agreements to sell five bulk carriers, the company’s judicial manager said. Read More

Modern Express Taking on Water, Further Adrift

Posted By Tony Sanchez / Uncategorized / 0 Comments

January, 28, 2016 The list of the Panamanian-flagged car carrier Modern Express, now at around 50 degrees, is gradually increasing as the vessel continues to drift about 370 km west of La Rochelle, France. Read More

Grounded Bulker Los Llanitos to Be Taken to Pieces at Spot

Posted By Tony Sanchez / Uncategorized / 0 Comments

January, 28, 2016 The 71,665 dwt bulk carrier Los Llanitos will most likely be dismantled where it ran aground near Mexico’s Barra de Navidad on October 23 during Hurricane Patricia, the Mexican government said. Read More

Three German Vessels Land on South Asian Breaking Beaches

Posted By Tony Sanchez / Uncategorized / 0 Comments

January 28, 2016 German ship owner Norddeutsche Vermögen Holding GmbH & Co and its subsidiary Norddeutsche Reederei Schuldt, a company offering shares in ship funds, have seen another three of their vessels arriving at the beaches of South Asia in 2015, NGO Shipbreaking Platform said. Read More

2016-2020 Outlook: Aframaxes to Outperform Larger Crude Tankers

Posted By Tony Sanchez / Airlines / 0 Comments

January 28, 2016 Limited supply growth in the Aframax sector of only 3.5% through the end of 2020 in addition to paradigm shifts in demand such as US exports and expanded Panama Canal opening will enable this sector to outperform the larger crude tankers, according to the latest report from McQuilling Services. Read More

2015 a Slow Year for Stolt-Nielsen, Tankers Save the Day

Posted By Tony Sanchez / Airlines / 0 Comments

January 28, 2016 Oslo-listed shipowner Stolt-Nielsen Limited reported net profit in the fourth quarter of 2015 at USD 21.4 million, with revenue of USD 494.6 million, a decrease compared with the numbers recorded in the third quarter of 2015. Read More

Pirates Attack Croatian Tanker in India’s Kandla Port

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January 28, 2016 A Croatian-flagged tanker MT Pomer was attacked by pirates in India’s Kandla anchorage in the morning hours of January 28, the owner Uljanik Plovidba, a Croatian ship management company, told World Maritime News. Read More