Hong Kong: Hong Kong-listed China Shipping Development (CSD) will shift its focus to LNG and is going to order six LNG carriers this year, as originally reported by SinoShip News three months ago. Li Shaode, president of CSD, revealed the news at the company’s annual results presentation yesterday. Li said that CSD has already…
Manila: A new gateway that provides alternative trade links and inter-island routes in the south of the Philippines has been inaugurated. The roro facility at Blan International Port in Mindanao will serve the island’s booming vegetable farming market. Mindanao has been the scene of most of the Philippines terminal development in the past 12…
A Marine Corps official says the seven Marines killed in Nevada died after a 60mm mortar exploded unexpectedly during a training accident. The Marines immediately issued an indefinite moratorium on firing of all such mortars worldwide until an investigation clears as safe the type of weapon and ammunition in the tragedy. Several other Marines…
On 15 March 2013, global petroleum tanker operator, AET, maintained its industry leading position in the world tanker fleet with the delivery of a second “eco-design” VLCC that is fully compliant with the IMO Ballast Water Management Convention. Named Eagle Varna, this 320,000dwt vessel is fitted with a range of innovative technology that significantly…