• 2008 May 19 11:18

    Georgia's Kulevi opens a new oil terminal

    Owned by the Azerbaijan State Oil Company (ASOC), the Kulevi Oil Terminal (Black Sea Terminal) will be the largest oil terminal in South Caucasus, according to ASOC president, Rovnag Abdullayev.
    Georgian President Mikhail Saakashvili said that Georgia had become a corridor to transport Azerbaijan's energy resources to Europe. Kulevi will become Georgia's third sea gate, after Batumi and Poti, he said.
    The terminal has a transshipment capacity of 10 million metric tonnes (mt) of fluid cargo per year, including 2 million mt of oil, 3 million mt of diesel fuel and 4 million mt of fuel oil.
    Capacity of the reserve tank of the terminal is 320,000 cubic metres (m³).
    There are plans to increase the capacity of the terminal up to 20 million mt and the reserve capacity up to 380,000 m³.

2016 August 29

09:50 Warships of the Black Sea Fleet and the Caspian flotilla practice tasks on organization of air and anti-submarine defence
09:28 Baltic Dry Index up to 720 points
09:13 Brent Crude futures price down 1.24% to $49.53, Light Sweet Crude – down 1.39% to $46.98

2016 August 28

21:41 0.9 mln cruise ship tourists visited Korea in 1H of 2016
21:39 Abu Dhabi Ports adds a 1000-meter quay wall to Khalifa Port and deepens its channel and basin
08:42 Keppel to deliver Bumi Armada’s first North Sea FPSO

2016 August 27

15:16 E.R. Capital Holding and Rickmers Holding AG will not pursue the merger of their ship management divisions any further
15:14 Diana Shipping engages financial advisors to negotiate amendments to certain of its loan facilities
15:11 EGD joins Klaveness as partner in the combination carriers
08:18 Latvian Shipping Company posts revenue of USD 50,08 million for Q2 2016

2016 August 26

18:02 MV WERFTEN signs a letter of intent with Foreship
17:24 CMA CGM announces GRR from Asia to North Africa trades
16:59 Rates for pilotage fee changed at port Ust-Luga
16:24 CMA CGM implements GRR from Asia to North Europe
16:05 Evergreen, K Line, COSCO, Wan Hai and PIL to offer two new joint services for Indian Subcontinent
15:52 VARD secures contract for two luxury expedition cruise vessels for Hapag-Lloyd Cruises (photo)
15:43 Russian fishing fleet is being equipped with Gonets sattelite system of domestic origin (photo)
15:26 Hansa Heavy Lift transports giant pipe racks for new FPSO unit in Brazil
15:22 Seaspan closes the sale of its previously announced public offering of shares
14:21 Kalmar appoints Peter McLean to lead the Asia-Pacific region
13:50 Within the unannounced inspection Coastal Troops and Marines of Black Sea Fleet and Caspian flotilla performed marches to concentration zones
13:22 Ulrike Riedel to become HR Director of the EUROGATE Group
13:02 CMA CGM announces GRR from Asia to Mediterranean
12:19 The Grimaldi Group completes the acquisition of Finnlines
12:15 ABS announces the publication of The ABS Guide for Certification of Offshore Access Gangways
11:54 EC, Tekes selects Norsepower to develop the world’s largest rotor sail
11:20 High-level officials met in Riga to discuss Rail Baltica Intergovernmental Agreement
10:41 Dutch ambassador promotes the emergence of LNG platform in Lithuania
10:29 Matson signs contract with NASSCO to build two new Con-Ro ships for Hawaii service
10:19 WSS Suez Canal transit team to cut customer costs, workloads and confusion
10:08 Brent Crude futures price down 0.46% to $49.44, Light Sweet Crude – down 0.26% to $47.20
09:52 Rosmorport announces tender for maintenance dredging at port Temryuk
09:33 Indicative bunker prices are almost flat at the port of Saint-Petersburg (graph)
09:19 Baltic Dry Index up to 718 points

2016 August 25

18:46 Tuco Marine reveals a new Arctic Workboat Daughter Craft
18:05 Scania will introduce marine engines meeting the requirements of TIER III
17:37 The logistics division at IMPERIAL continues to grow
17:11 Royal IHC upgrades underwater pump-unit TSHD for Van Oord
17:04 BMW Group Brazil celebrates first shipment to the US
16:45 Gazprom Neft reports IFRS financial results for 2H and 1H 2016
16:22 Kalmar wins further forklift order from Algerian port procurement company GICEP
16:03 Foreship establishes Tallinn subsidiary
15:41 Yet another regular ocean link between the Port of Gdansk and Asia
15:20 Norsepower receives €2.6m funding to develop the world’s largest rotor sail
14:59 ESL Shipping’s ice-strengthened supramax vessel Arkadia contracted to transport iron ore from Canada to Germany
14:52 Damen and AEC Maritime join forces for scrubber solutions
14:37 Renewable energy business triggers busiest period at the Port of Ayr in 25 years
14:15 Höegh Autoliners names latest newbuilding
13:50 Baltic Workboats completed its first all-new 22-metre wave-piercing aluminium patrol boat Patrol 2200 WP for Belgium Customs
13:26 Klaipeda Seaport cargo handling turnover increased by 4.2% to 23.15 mln t in 7M’16
13:11 The Australian Maritime Safety Authority’s next gen search and rescue satellite tracking system is now operational
13:07 Sovcomflot’s H1 2016 net profit down 23.3%, y-o-y, to $165.9 mln
12:40 ABB’s Marine Academy launches arctic course in response to strong demand
12:16 Lucas Marine partners with Harbor Breeze Cruises to reduce fuel costs in L.A. & Long Beach Harbors
11:55 Bunker prices go up at the Far East ports (graph)
11:31 "K" Line enhances Asia/India/Pakistan services (PMX/PIX)
11:22 Barque Kruzenshtern takes part in Black Sea Tall Ship Races 2016 in the year of her 90-year anniversary (photo)
11:09 OOCL announces withdrawal on the North Pacific 3 service
10:50 Brent Crude futures price up 0.04% to $49.03, Light Sweet Crude – up 0.04% to $46.79
10:33 AS Tallink Grupp published unaudited consolidated interim report for Q2 2016