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Carnival Raises Profit Forecast on Record Cruise Demand
Great Lakes Freighter Strikes Channel Light on St. Marys River
Oil and Gas Sector · ChinaAsia's imports of crude oil are expected to rise to the highest in 10 months. Heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained. World's top importing region is forecast to see arrivals of 27.48 million barrels per day (bpd) in March.See the Story
Asian Imports of Russian Crude Oil to Hit a 10-Month High in March
100% Center coverage: 1 sources
Insights: Cherrie Felder, VP, Channel Shipyard Companies
Sydney, Australia · SydneyThe state-of-the-art vessels, Burra and Girawaa, were designed by Incat Crowther and custom-built by Birdon in Port Macquarie. The newbuilds, ordered for a price of $11.5 million, replace existing vessels Shirley Smith and Ted Noffs, that have been retired after almost 40 years of loyal service.See the Story
New Response Vessels Commissioned in Sydney
New South Wales · New South WalesMarine towage provider Svitzer Australia is building a new facility to deliver enhanced maritime training capabilities. The company reports construction is underway at its Port of Newcastle tug base. The facility will feature state-of-the-art Kongsberg Digital maritime simulators in support of crew training and other marine applications.See the Story
Svitzer Building New Training Center in Australia
Indonesia · IndonesiaFincantieri and the Indonesian Ministry of Defense have signed a contract for the supply of two Multipurpose Offshore Patrol Vessel (PPA) units.The $1.27 billion (€1.18 billion) deal is part of the framework of collaborative relations initiated…See the Story