The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal’s governing agency told Reuters.LNG…
Panama Canal LNG Volume Soars as Global Demand Grows Read More »
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…
Navios Maritime Acquisition Corporation Inks Sale and Leaseback Pact Read More »
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…
Port of Rotterdam Freight Throughput Falls in 1Q Read More »
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…
Russian Maritime Register of Shipping Visits ACSC Read More »
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…
American Waterways Operators Responds to Senate Read More »