Press Release – DSM, the producer of Dyneema®, the world strongest fiber™ and world leading crude oil transporter COSCO Shipping Energy Transportation Co. Ltd.–are celebrating the tenth anniversary for the 1st set of ropes made with Dyneema® fiber on COSPEARL LAKE. As a testament to the success of...
Press releases
Teekay LNG Unveils USD 100 Mn Share Repurchase Plan
Teekay LNG Partners has received approval for a USD 100 million repurchase program of common units.
https://worldmaritimenews.com/archives/267111/teekay-lng-unveils-usd-100-mn-share-repurchase-plan/
Rotterdam Port to Offer Discount for Tankers
Port of Rotterdam is to widen and facilitate the Green Award discount for sea-going shipping as of 2019.
https://worldmaritimenews.com/archives/267101/rotterdam-port-to-offer-discount-for-tankers/
Drewry: East-West Contract Rates Help Reduce Shippers’ Costs
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, shipping consultancy Drewry noted. The cost reduction, based on contract…
Cheniere, Petronas Ink 20-Year LNG Purchase Deal
Cheniere has signed an LNG sale and purchase deal with Petronas LNG.
https://worldmaritimenews.com/archives/267093/cheniere-petronas-ink-20-year-lng-purchase-deal/
Donsötank Books Tanker Pair at Wuhu Shipyard
Donsötank orders two oil products and chemical tankers at Chinese Wuhu Shipyard.
https://worldmaritimenews.com/archives/267122/donsotank-books-tanker-pair-at-wuhu-shipyard/
ACCC Concerned by NCC’s Preliminary View on Newcastle Port
ACCC: National Competition Council’s (NCC’s) draft recommendation on Port of Newcastle raises concerns.
2M Partners Revamp Asia-Europe Networks
Maersk, MSC overhaul services on Asia-Europe trade targeting improved schedule reliability.
https://worldmaritimenews.com/archives/267089/2m-partners-revamp-asia-europe-networks/
Boskalis Picked as Lowest Bidder for Elbe Deepening Project
Boskalis said that it was declared the lowest bidder in the tendering process for the deepening of the river Elbe.
DP World’s Fairview Terminal Hits 1 Million TEU Milestone
DP World’s Fairview Container Terminal in the Port of Prince Rupert handled its millionth container for the first time.