Navig8 Chemical Tankers Remains in the Red

Lower charter rates pushed Navig8 Chemical Tankers deeper into loss in the first quarter of this year. For the three months ended March 31, 2018, the company reported net loss of USD USD 4.2 million, compared to a net loss of USD 1.2 million seen in the corresponding period a year earlier. As explained, the […]

Posted by: on May 14, 2018 read more

Oil Spill Now Larger Than Paris Ravages Indonesian Island, 5 Dead

A satellite image dated April 1 shows the extent of area that is covered with crude oil from an undersea pipe leakage in Balikpapan Bay.Indonesian National Disaster Mitigation Agency / BNPB.   An oil spill in Borneo that began over the past weekend has now spread across an area greater than the city of Paris […]

Posted by: on Apr 22, 2018 read more

United States Court of Appeals,District of Columbia Circuit. Carlos MARINO, Appellant v. DRUG ENFORCEMENT ADMINISTRATION, as a Component of the Department of Justice, Appellee.

  No. 10–5354.  Decided: July 13, 2012 Before: SENTELLE, Chief Judge, BROWN and GRIFFITH, Circuit Judges.P. Sebastian Ruiz, Student Counsel, argued the cause as amicus curiae in support of appellant. With him on the briefs were Steven H. Goldblatt, appointed by the court, Doug Keller and Nilam A. Sanghvi, Supervisory Attorneys, and Zach Perez, Student […]

Posted by: on Apr 21, 2018 read more

Singapore’s Maritime industry all set for bigger goals

      The new road map to ready Singapore’s maritime industry for the future comes with ambitious goals. The Sea Transport Industry Transformation Map (ITM), launched last Friday, aims to grow the industry’s value-add by $4.5 billion and create more than 5,000 good jobs by 2025. It lays out specific initiatives for Singapore to […]

Posted by: on Mar 21, 2018 read more

Iranian oil tanker burns, 32 missing after collision off China’s coast

BEIJING (Reuters) – A tanker carrying Iranian oil and run by the country’s top oil shipping firm was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese freight ship, leaving the tanker’s 32 crew members missing, the Chinese government said. JANUARY 7, 2018 / 1:33 PM / 2 […]

Posted by: on Jan 09, 2018 read more

The world’s largest-ever vessel is all set to go in 2018

Displacing as much water as five aircraft carriers is just one eye-popping statistic that attempts to explain the sheer size of the world’s largest vessel. Construction on Shell RDSA-GB’s huge floating liquefied natural gas (FLNG) structure began in 2012 and was finished in July by Samsung’s Heavy Industries in South Korea, before being towed to Australia. […]

Posted by: on Dec 26, 2017 read more

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