A U.S. Coast Guard marine science technician and an environmental quality analyst for Michigan’s Department of Environmental Quality surveyed the Straits of Mackinac onboard a vessel Thursday. The responders did not identify any mineral oil sheens…
Response to Mackinac Spill Continues Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched lower on Friday as losses in smaller vessel segments were offset by stronger rates for capesizes. The overall index, which factors in rates for…
Baltic Index Down for Seventh Straight Session Read More »
Norway plans to order three vessels for its coast guard from the Vard Langstein shipyard, the Ministry of Defence said in a statement on Friday. The 6.8 billion Norwegian crowns ($869.44 million) contract is dependent on approval by parliament and on f…
Norway to Order Coast Guard Vessels from Fincantieri Read More »
U.S. midstream oil firm Buckeye Partners and commodities trader Trafigura said on Thursday that modifications to their terminal in Texas to accommodate large tankers were completed and the first shipment of crude on a Suezmax tanker took place.
Buckeye, Trafigura Load Suezmax Tanker in U.S. Port Read More »
PAO Sovcomflot (SCF Group) informed that it has signed a new $252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, and Société Générale.
SCF Secures Funds for Six Aframax Tankers Read More »