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IHS Maritime Sea-web: Latest Maritime News
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A consortium of EMAS Chiyoda Subsea, a joint venture between Singapore’s offshore oilfield service provider Ezra Holdings and Chiyoda Corporation, and India’s Larsen & Toubro Hydrocarbon Engineering, has won a USD1.6 million from Saudi Aramco.  Full story >>

An auditor has found that South Korean shipbuilder Samsung Heavy Industries' (SHI) KRW1.5 trillion (USD1.3 billion) self-rescue plan is viable.  Full story >>

The EUR382M (USD431M) Kieldrecht lock in the port of Antwerp was officially opened on 10 June by the King of Belgium.  Full story >>

Japan's Seals, which specialises in shipping second-hand cars from its country, is targeting the emerging markets in Southeast Asia.  Full story >>

Lloyd’s Register has granted ‘Approval in Principle’ (AiP) for a Hyundai Mipo Dockyard (HMD) 6,600 m3 liquid natural gas bunkering vessel capable of supplying LNG to 20,000 teu containerships and other vessels anywhere in the world.  Full story >>

Insurers are to launch a new set of rules to limit the level of liability they will assume for the loss of frozen food cargoes as the sector seeks to put a halt to spiralling losses.  Full story >>

With a wave of newbuildings about to hit the water and demand looking increasingly shaky, crude tanker owners face a rough stretch ahead, which could extend until the second half of 2017, according to analysts.  Full story >>

Shares of several US-listed bulker owners posted enormous gains in extremely heavy volume on 21 July, but Evercore ISI analyst Jon Chappell warned against getting caught up in the mini-rally.  Full story >>

Maersk Line and Huawei Technologies have signed a five-year carbon reduction pact that will see the Chinese phone maker cutting its CO2 emissions per container by 18%.  Full story >>

China’s subsidy policy to encourage upgrading and early scrapping of river ships is to be extended to 31 December, 2017, the Ministry of Transport (MOT) has announced.  Full story >>

Asia-Europe spot freight rates continued their steady march down from the year’s high reached on 1 July and have dropped by almost USD500 per 20-foot container in the past three weeks.  Full story >>

Mitsui OSK Lines’ subsidiary Lakler has signed a long-term charter deal with Gas Sayago of Uruguay for a floating storage and regasification unit (FSRU) project.  Full story >>

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