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McCarthy Promotes Schulte

Feb 19, 2019

McCarthy Building Companies, Inc. Southern Region has promoted Mike Schulte to Vice President Operations for the Marine/Industrial Business Unit. In this role, Schulte is responsible for oversight of the marine and industrial industries. He will manage all marine…

Book Review: Casey the Container

Feb 19, 2019

Bringing the world of containerized cargo to young readers.This rhyming children’s book follows Casey the Container, a new shipping container, along her journey on her first day in port. Casey meets new friends, experiences the workings of the waterfront…

Captain Rhéaume Joins MSRC

Feb 19, 2019

Captain Louis Rhéaume has joined the team at Maritime Simulation and Resource Center (MSRC).At MSRC Captain Rhéaume will supervise the implementation of maritime expertise projects and provide his professional and administrative experience to the pilots in training…

Shipbuilding: Chris Allard, CEO, Metal Shark

Feb 19, 2019

Metal Shark has arguably been one of the more active and successful boat builders in the U.S. over the last 12 to 24 months, boasting a strong order book and expanding facilities and portfolio. In particular, the company has been able to capitalize on the burgeoning ferry market…

New Round of U.S.-China Trade Talks Kicks Off Today

Feb 19, 2019

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday.The talks follow a round…

India's Thermal Coal Imports Could Rise 10 pct in 2019

Feb 19, 2019

India's thermal coal imports could rise by about 10 percent in 2019 due to rail transport problems and other logistical bottlenecks, an executive at the country's largest coal trader Adani Enterprises said on Tuesday.Thermal coal imports rose in 2018 after two years of decline…

Dry Bulk Market Outlook Darkens After Vale Casualty

Feb 19, 2019

The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale's Brumadinho dam in Brazil, Golden Ocean said on Tuesday as it presented forecast-beating quarterly earnings.The dam in the town of Brumadinho…

Black Sea Container Exports on the Rise

Feb 19, 2019

Ukraine-based Informall Business Group in its latest Black Sea Container Market review reports a rise of 8.70% in loaded containers handling in the Black Sea container ports of Romania, Bulgaria, Ukraine, Russia and Georgia in 2018 as compared to 2017…

Herbert-ABS Intros Offshore Evaluation Software

Feb 18, 2019

California-based provider of naval management software and ship design Herbert-ABS Software Solutions LLC today announced the launch of its HECSTAB Offshore Stability Evaluation Software.Designed with a versatile user interface featuring improved 3D and 2D viewports…

APM Terminals Ecuador Upgrades

Feb 18, 2019

To address rapid increases in volumes APM Terminals Inland Services Ecuador introduced an accurate and reliable Truck Appointment System (TAS).This approach has already proved itself at other APM Terminals’ facilities, including neighbouring Peru…

Hapag-Lloyd Gets Ratings Upgrade from Moody's

Feb 18, 2019

The international rating agency Moody’s has upgraded the German cargo container shipping line, Hapag-Lloyd AG's corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3 from Caa1.  The outlook remains stable.According to Moody's release…

VT Halter: $1.5m Design Deal for NOAA Ship

Feb 18, 2019

VT Halter Marine was selected for Phase 1 Preliminary/Contract design for the National Oceanic and Atmospheric Administration (NOAA) AGOR Variant (NAV).  For the NAV program VT Halter Marine teamed with Gibbs & Cox, Inc. to provide NAVSEA and…

Stena RoRo acquires Japanese RoPax

Feb 18, 2019

Stena RoRo has purchased the ferry Yamato from the Japanese shipping company Hankyu Ferry.  The vessel will be rebuilt at a shipyard in Europe and be fully adapted to European standards, after which it will be chartered out. This process will…

Sunken Stellar Daisy Located

Feb 17, 2019

The Stellar Daisy, a massive South Korean tanker that sank in March 2017, was spotted on the floor of the South Atlantic Ocean nearly two years later.Exploration company Ocean Infinity said that it has located the wreck of the lost South Korean tanker…

Suez Canal Extends Bulker Toll Discounts

Feb 17, 2019

The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American and Asian ports after considering “new changes in the global shipping market and the world economy”.'SCA pays more attention to its users best interest…

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