Latest News - page 419

 

Wilhelmsen inks deal to sell, distribute Klüber Maritime Lubricant Range

Aug 09, 2021

As of August 1, 2021, Wilhelmsen will begin to take over sales, logistics and consulting for Klüber Lubrication’s maritime portfolio for its sea going vessels. Initially within European countries and Southeast Asia, followed by the rest of the world from October 2021…

China's Crude Oil Imports Rebound

Aug 09, 2021

China's crude oil imports rebounded in July from a six-month low as state-backed refiners ramped up output after returning from maintenance, though independent refineries slowed restocking amid probes by Beijing into trading and taxes.China brought in 41…

Seismic Isolation System for Pair of Quayside Container Cranes

Aug 09, 2021

A seismic isolation system provided by Casper, Phillips & Associates Inc. (CPA) has been installed on two quayside container cranes.The crane base anti-seismic isolation system (BASIS) is built on non-linear time history analysis (NLTHA) and…

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

BMT appoints Savage as Technical Assurance Director

Aug 09, 2021

BMT welcomed Catriona Savage to the role of Technical Assurance Director, responsible for its global technical authority. She re-joins BMT from a role as the Chair in Naval Architecture and an Honorary Professor at University College London…

Webb Searches for New President as Keith Michel Plans Retirement

Aug 09, 2021

After nine years president of Webb Institute, R. Keith Michel announced plans to retire effective June 30, 2022, and the search is on for his successor at this top-ranked undergraduate institution specializing in Naval Architecture and Marine Engineering…

Ship Recycling Prices Continue to Defy Gravity

Aug 09, 2021

Prices across the Indian sub-continent ship recycling markets continue their impressive upward trajectory this week, as end buyers press on for any available tonnage, at levels well above $600/LT LDT, especially in the case of Bangladesh and a now firming Pakistani market…

O&G Vet John Morrison Retires from EnerMech

Aug 09, 2021

EnerMech’s cranes and lifting director John Morrison is set to retire after supporting the oil and gas sector for the last four decades.Morrison has spent the last 13 years of his career spearheading EnerMech’s installation, operation, maintenance…

Methane Emission Reduction takes Center Stage of UN GHG Report

Aug 09, 2021

In four decades of climate negotiations, the world has focused intensely and exclusively on the most abundant climate-warming gas: carbon dioxide. This year, scientists are urging a focus on another potent greenhouse gas – methane – as the planet's…

China Goes from Driver to Brake for Crude Oil, Iron Ore and Copper

Aug 09, 2021

China has switched from driving global demand for major commodities to being a drag on growth, with July's customs data confirming the weakening trend for imports of crude oil, iron ore and copper.The exception to the trend was coal, but the…

Haifa Port Sale Expected to Fetch $600m or More, Bidders Line Up

Aug 09, 2021

Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids expected towards October, sources with knowledge of the matter said.Israel is selling its state-owned ports…

Seaspan Forward Fixes Five-year Contracts for 10 Containerships

Aug 06, 2021

Seaspan Corporation announced it has forward fixed contracts for 10 containerships with a 'major liner customer', bringing the company's total 2021 forward fixtures to 58 vessels, or approximately 50% of its time chartered fleet.The vessels…

China's Export, Import Growth Seen Moderating in July

Aug 06, 2021

China’s robust export growth likely moderated in July amid an acceleration in COVID-19 cases globally and continuing severe pressure on global supply chains, a Reuters poll showed on Friday.Although there are signs China’s strong industrial…

Shell Places 10 Tankers in Signal Maritime's MR Pool

Aug 06, 2021

Shell Tankers (Singapore) Private Limited will contribute 10 medium-range product tankers (MRs) to the Signal Maritime MR pool.In line with the shipping industry’s decarbonization efforts, Shell and Signal have also agreed to collaborate on carbon emissions reduction initiatives…

Q&A: Inside the Scienco InTank Ballast Water Treatment System

Aug 06, 2021

Rudy Mes and Giles Candy of Scienco/FAST discuss advantages for ship owners and shipbuilders with the Scienco InTank Ballast Water Treatment System.How doest the InTank system stand out?Rudy Mes We found that most vessels have issues (when)…

Logistics News

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

Baltic Index Rises Alongside All Vessel Segments

Baltic Index Rises Alongside All Vessel Segments

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

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Iraq requested financial assistance from IMF in response to the Iran war, a source close to IMF claims
Air India's annual loss exceeds $2 billion, according to shareholder results
Guardian reports that UK's Rayner has been cleared by the tax authority.