Indian Oil Corp seals deal for Dhamra LNG terminal
State-owned oil company has signed a 20-year deal with facility set to come on line in 2021.
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April 2018
Navios Maritime Acquisition Corporation Inks Sale and Leaseback Pact
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $71.5 million sale and leaseback agreement for four MR2 product tankers. The proceeds have been used to extinguish $69.25 million of in…
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Port of Rotterdam Freight Throughput Falls in 1Q
In the first quarter of 2018, 1.2% less freight passed through the Port of Rotterdam than in the same period last year. In total, 117.8 million tonnes were handled against 119.3 million tonnes in the same period in 2017. The fall mainly concerned the t…
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Russian Maritime Register of Shipping Visits ACSC
Azerbaijan Caspian Shipping Company (ACSC) held a meeting with Konstantin Palnikov, the General Director of the Russian Maritime Register of Shipping (RS), which is one of the well-known classification societies. During the meeting, the current state o…
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American Waterways Operators Responds to Senate
On Wednesday, the U.S. Senate rejected legislation – Vessel Incidental Discharge Act (VIDA) – that would have simplified regulatory oversight of vessel discharges. The Coast Guard Authorization Act of 2017, due to inclusion of the Vessel Incidental Dis…
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