New Obama Iran sanctions hit maritime companies

More maritime companies have fallen foul of U.S. efforts to shut down Iran’s nuclear program — including Israel’s Ofer Brothers Group. It is one of two companies on which sanctions are being

Stena Bulk buys three LNG tankers

Stena Bulk has purchased three LNG (Liquefied Natural Gas) tankers from the Taiwan-based shipping company TMT for a total of $700 million The three LNG tankers are the “Stena Blue Sky” (145,000

Beng Kuang Marine wins order for four crane barges

Singapore-listed Beng Kuang Marine Limited reports that its wholly-owned subsidiary Asian Sealand Engineering Pte Ltd has secured four contracts with an established marine group to construct four 60-meter crane barges. The total

ABS updates ballast water treatment advisory

Classification society ABS has released an updated Ballast Water Treatment Advisory to assist industry in understanding and addressing the evolving regulatory regime of ballast water treatment (BWT). The publication provides practical guidance