Latest News - page 427

 

New LNG Carrier Mooring Tool Launched

Jul 02, 2021

A new ship mooring tool has been engineered to perform static and dynamic ship mooring analyses in a rapid, user friendly and intuitive manner.SHIPMOOR was created to make the assessment of mooring a liquefied natural gas (LNG) carrier a straightforward and user-driven process…

PTL Unites Marine Legacy Companies Under One Brand

Jul 02, 2021

Fort Worth, Texas based Pilot Thomas Logistics’ (PTL) said it will unify its family of marine companies including Economy Boat Store, General Petroleum, Radcliff/Economy Marine Services, Rainier Petroleum and Maxum Petroleum under one brand…

Registration opens for the 2021 Maritime Risk Symposium in Houston

Jul 02, 2021

The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium (MRS 2021), in collaboration with the National Academy of Sciences, from November 2-4, 2021, at the at the University of Houston’s Student Center-South…

The Crew Change Crisis is Getting Worse

Jul 01, 2021

The crew change crisis that has been plaguing the maritime industry for more than a year and a half is raging on and only getting worse, data from 10 of the world's top ship managers suggests.The number of seafarers onboard vessels beyond the expiry of their contract has continued rising from 7…

EU Steers Shipping Toward Carbon Trading Market to Curb Emissions

Jul 01, 2021

Ship owners could be forced to pay for pollution from their vessels or face bans from European Union ports under draft plans to add shipping emissions to the bloc's carbon market.Shipping does not at present face EU emissions targets, but that…

Bruhns Named President of Herbert Engineering

Jul 01, 2021

Herbert Engineering Corp. (HEC) appointed Hendrik Bruhns to succeed Spencer Schilling, who formally stepped down as the company's president on July 1.Bruhns had been serving as an executive vice president and manager of business development for HEC since January 1…

Want to Buy a Used Containership? Supply Tightens, Prices Soar, Feeder Ships Rule

Jul 01, 2021

BIMCO’s Shipping Number of the Week: Secondhand container ship deals jump over 100% in H1 2021During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020 (source: VesselsValue)…

New Nav Buoys for Port of Setúbal

Jun 29, 2021

Portuguese Port Authority of Setúbal and Sesimbra (APSS) have recently improved the marking of the central area in the North Channel in Setúbal with five navigation buoys and a marine sector light for Bela Vista windmill sightseeing point. Grupo…

LR to Focus on Shipping with Sale of Division to Goldman Sachs Arm

Jun 29, 2021

British professional services provider Lloyd’s Register (LR) has agreed to sell its business assurance and cyber security division to Goldman Sachs Asset Management as the company focuses on maritime activities, executives said on Tuesday.The…

A Freight Forwarder Is Using Drones to Beat Backed Up Supply Chains

Jun 29, 2021

Leading German freight forwarder Hellmann will start using unmanned planes operated by Bulgaria's Dronamics from next year to speed up deliveries of vital goods in Europe and work around stretched supply chains, executives involved say.Global disruptions due to COVID…

Stena Line Bolsters its Baltic Sea Fleet

Jun 29, 2021

Stena Line is strengthening its position and expanding services in the Baltic Sea Region, by deploying two new ferries on the route between Ventspils in Latvia and Nynäshamn in Sweden this year. The first of the two vessels, Stena Scandica…

Wilson Sons Eyes Opportunities in Gas

Jun 29, 2021

A new gas law in Brazil aims to see liquefied natural gas (LNG) will have a relevant role in the national market, a move that could drive new opportunties on the waterfront.Wilson Sons, the largest operator of maritime and port logistics in the Brazilian market…

Shipping Insurance Data and Collaboration

Jun 28, 2021

The use of data and technology in the marine insurance industry has taken great forward steps in the last decade. In an industry often portrayed as being more comfortable with tradition rather than disruption, there is a realization that the…

Baltic Dry Index Hits 11-year High

Jun 28, 2021

Baltic Exchange's main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

In Ship Recycling, it's "Tanker Time"

Jun 27, 2021

The ship recycling markets continues to perform well, according to GMS. The supply of tonnage remains primarily focused on wet and offshore units – particularly OSVs, FSUs, Aframax tankers, MRs and smaller bunkering tankers.In particular Pakistan…

Logistics News

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

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

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