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LNG Shipyards vie for maritime sector share

Asian LNG Tanker Builders Vie for Market Share Chinese and Japanese Shipyards Are Set to Challenge South Korea’s Market Dominance SIMON HALL Dec. 20, 2013 12:39 a.m. ET HONG KONG—Japanese and Chinese shipyards have their sights on one of the...
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New LNG export projects for Canada – Maritime sector boost

Canada approves 4 new LNG export projects that will be a boost for job creation and the maritime sector. Canada’s National Energy Board granted liquefied natural gas export permits to four planned projects on the country’s Pacific coast. The regulator gave permits...
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The upside of starting your career in a down market

After the global financial crisis, students were devastated. Many wallowed in unemployed misery, bemoaning that there just weren’t enough jobs to go around. Those who landed jobs felt that they were settling for less, accepting positions they didn’t want at...
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Shipping firms eye consolidation to spur growth

German shipping company Hapag-Lloyd’s merger talks with Chile’s Vapores may herald further deals with other peers, its chief executive said, as the group strives to catch up with the industry’s top three players. “The aim should be to create something bigger by merging...
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Ireland tops the list as best for business. Some of the many reasons we're there

Ireland Heads Forbes’ List Of The Best Countries For Business Three years ago, European governments and the International Monetary Fund sent Ireland a $113 billion (85 billion euro) bailout package to support the country’s budgetary needs and prop up the...
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Global fleet of 42 LNG powered ships is set to grow

Royal Dutch Shell Plc (RDSA), General Electric Co. (GE) and a company co-founded by T. Boone Pickens are planning investments in natural-gas-powered shipping as record U.S. output spurs the merchant fleet to use a new fuel. Clean Energy Fuels Corp.,...
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HSH Bank to sell Shipping Portfolios

Troubled German public-sector bank HSH is in talks to sell two shipping portfolios to investors in a bid to reduce high-risk loans that prompted the bank to seek an additional bailout earlier this year. “Two deals are in the making,...
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Tanker VLCC rates on the rise – has the market turned?

VLCCs are back in vogue, following around three years in the doldrums. By 15th November, VLCCs had hit $50,000 per day (WS62.5) on the benchmark Middle East Gulf to Japan (TD3) route, reported Gibson Research. Continuing the market’s strength, today...
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Best and Worst colors to wear to an interview – Start your career off right

Dressing well is critical to making a good first impression on a potential employer, but what do the colors you sport really say about you?  A new survey from Career Builder takes a fun look at the attributes employers most...
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CMA Names Robert Bugbee Commodore for 2014

Mr. Robert Bugbee Named Connecticut Maritime Association 2014 Commodore Award to be presented March 19, 2014 at the conclusion of the CMA’s Shipping 2014 Annual Conference and Exposition Tuesday, November 19, 2013 – Stamford, Connecticut – Mr. Robert Bugbee, President...
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