First LNG transaction with the BLNG3 assessment 
LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG... plus
Ports of Auckland calls 2019 a "tough year"
Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower compared to NZD 76.8 million for the previous... plus
Bridgehead for LNG bunkering in the USA
The technology group Wärtsilä will supply its LNG cargo handling system for a new 5400 sqm LNG bunker barge being built in the USA. The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin (USA) on behalf of NorthStar Midstream. It will be operated by the... plus
Heavylift from South Korea to Thailand
The handling and transport of an exceptional cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek (South Korea) to Map Ta Phut (Thailand), was done by project heavy lift carrier AAL. The units will be installed at one of Thailand’s major... plus
IRclass inaugurates branch in Doha
The Indian Register of Shipping (IRClass), a classification society, has opened a new affiliate at the Qatar financial centre (QFC) in Doha. The Middle East is one of IRClass’ important strategic markets outside of India. Via the new branch office, the classification... plus
Clarksons downbeat over maritime development
Clarksons Research has revised its forecast of growth of maritime transport in tonnes downwards, from the 2.9% foreseen in its spring report to 1.7%, as it has just published in the progress of its autumn report on shipping. This low growth, the lowest since 2009, is due to... plus
New super vessels for P & O Ferries
The affiliate of DP World, P & O Ferries, is banking on new equipment. The company has signed a contract with Guangzhou Shipyard International worth EUR 260 million to deliver a new generation of ships on the English Channel. Two new 230-m "super-ferries" – the... plus
100 000 camions par mer 
C’est l’époque des énergies alternatives. Le nucléaire est peu populaire, mais la construction de la centrale britannique de Hinkley Point C a commencé début 2019. Le transport des matériaux de construction via le port de Bristol sera optimisé en matière écologique. plus
India is hip again
Two new services, the South East India - Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will enter into operation in October. The IEX will provide the only direct connection between South and East India and Europe in the market. The weekly service, jointly... plus
Bremenports awards Danish Terntank for sustainability policy
Of all the shipping companies that called at the ports of Bremen in 2018, Terntank from Denmark has the cleanest fleet. In recognition of these efforts, bremenports managing director presented the award for the “most eco-friendly fleet” to representatives of the shipping company... plus