By Kathryn Stone 2015-04-27 14:19:34 The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year putting itself on course to become one of the world’s largest LNG suppliers. According to US Energy Secretary Ernest Moniz, four LNG export terminals are currently…Details
While net income represented a 23.6% drop from 1Q14, Scorpio’s earnings on an adjusted basis, which excludes special items, increased from USD1.9 million last year to USD39.3 million
By Reuters 2015-04-27 11:26:29 Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation’s busiest cargo hub. Delegations of drivers planned to notify the companies of…Details
By MarEx 2015-04-27 11:04:37 Micro-plastics – tiny pieces of plastic or fibers which may act as a pathway for persistent, bio accumulating and toxic substances entering the food chain – are increasingly being found in the oceans and may prove to be as harmful to marine life as more obvious, larger debris, such as plastic…Details
The International Maritime Organization (IMO) Conference on the enhancement of safety of ships carrying passengers on non-international voyages, held in Manila, the Philippines, on 24 April 2015, has adopted guidelines to aid the process of reducing the mounting toll of accidents involving such vessels by addressing the question of whether a ship is fit for…Details
It is the type of rescue that commercial ships routinely carry out, and the obligation for which is written into maritime regulations.
But on 22 October 2014,
By Reuters 2015-04-27 09:23:44 Yemen is facing mounting problems bringing in food by sea as the danger from fighting between Houthis and government supporters is exacerbated by an arms blockade by Saudi-led coalition navies searching ships for weapons destined for the rebels. The Arabian peninsula’s poorest country, Yemen imports more than 90 percent of its…Details
By Reuters 2015-04-27 08:54:56 The road leading to the Lagos port, which handles nearly everything that Africa’s biggest economy imports, is one of the most congested in a megacity whose traffic jams are legendary. Wide enough to accommodate only two lanes on either side, along it move the goods that Africa’s top crude producer uses…Details
It has also sold a further six units and postponed deliveries of newbuildings to raise cash in a weak market.
The company has sold eight ships to
The agreement, which was signed with DNB and SR Bank, will replace an existing mortgage finance-based