By Reuters 2015-09-29 18:26:37 Russian energy giant Gazprom is considering building a fourth production train for its Sakhalin-2 LNG plant, a joint venture with Royal Dutch Shell, Alexander ...
Gazprom Weighs Fourth Train for Sakhalin-2
Japanese Dry Bulk Shipping Company Files for Bankruptcy
By Reuters 2015-09-29 16:12:22 Japanese bulk carrier company Daiichi Chuo Kisen Kaisha said on Tuesday it had filed for protection from creditors – the second shipper to do so this month – with ...
Italdraghe weed dredger for Lake Victoria
Dense mats of water hyacinth and hippo grass steadily taking over Lake Victoria have closed the fishing and tourist boating industries in Kenya's third largest city, Kisumu, and are threatening fish ...
GLDD wins LNG terminal contract
LNG exporter Cheniere Energy has tapped US dredging contractor Great Lakes Dredge & Dock (GLDD) to dredge two ship berths at its marine terminal being built in Corpus Christi, Texas. The project, ...
EBRD takes stake in Turkish port operator
The European Bank for Reconstruction and Development (EBRD) will take a 10.84% stake in the capital of fast-growing Turkish cruise port operator Global Ports Holding. The bank said the proceeds of its ...
Fresh cargo outlook brightening
Demand for ocean shipping capacity by producers and importers of fresh food is bound to grow faster in the coming years despite economic difficulties in key emerging markets, experts have ...
Hundai Mipo wins box ship pair
Hyundai Mipo Dockyard has won a contract for the construction of two 25,000 dwt container ships from Seoul-based Nam Sung Shipping Co. The 1,600 teu vessels will be built for Seoul-based Nam Sung ...
VLCC Values Still Have Room to Grow
By MarEx 2015-09-29 10:08:50 Historical data shows VLCC values still have room to grow. VesselsValue’s “Fixed Age Analysis” (pictured below) shows current values (yellow) Vs the historical ...
Indian recyclers win ClassNK compliance
Two years after applying for a ClassNK certification for internationally compliant shipbreaking, two Indian yards have been issued with statements of compliance (SoCs). The SoCs were issued to yards ...
Analysts: Sembcorp Marine faces profits reversal
Singapore rig builder Sembcorp Marine may reap lower profits as more customers request to defer rig deliveries, a securities house has predicted. Demand for rigs and drillships has shrunk as oil ...
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