Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.Although…
A small tanker that was hijacked by migrants off Libya docked in Malta's port of Valletta on Thursday after Maltese special forces took control of the vessel, a Reuters witness said.Cargo ship Elhiblu 1 had picked up 108 migrants stranded at sea…
Four magnificent tall ships will come to Hamburg for the 830th Hamburg Port Anniversary from 10 to 12 May – Alexander von Humboldt II, Kruzenshtern, Sedov and Mir.The Queens of the oceans will participate in the grand arrival and departure parades in the heart of the city…
Corvus Energy, the manufacturer of energy storage solutions for marine industry, has won an order from CCCC Shanghai Equipment Engineering (CCCCSEE) covering the supply of energy storage systems for battery-hybrid RTG (rubber-tired gantry) cranes…
Saga Cruises has held the steel cutting ceremony for its second new-build cruise ship at a ceremony at the Meyer Werft shipyard in Papenburg, Germany.Spirit of Adventure, which launches in 2020, is the sister ship to Spirit of Discovery, which sets sail in July this year…
Netherlands-based maritime transport solutions provider Royal Wagenborg said that its vessel m.v. Alaskaborg completed a special voyage from the Baltic to the Far East.The 15,750 DWT geared vessel from the Wagenborg fleet combined a bulk cargo and project cargo in both box-shaped holds…
South Korean container line Hyundai Merchant Marine (HMM) has announced that its board of directors had approved the hiring of Jae-hoon Bae as president and chief executive officer (CEO).The CEO recommendation committee led by Korea Development Bank…
Shipowners Claims Bureau, Inc. (SCB), Managers of the American Club, has announced several senior appointments which have been made to enhance the capabilities of its global service teams.At the Club’s headquarters in New York, Margaret Lee has been appointed as Lead Counsel…
Martin McDonald, an industry veteran with more than 35 years under his belt, is responsible for Oceaneering’s global ROV business. With a broad based of ROV experience – from operation to repair to maintenance to management – McDonald shares…
The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue…
China's Zhoushan port, off the eastern coastal province of Zheijang, supplied a record 3.59 million tonnes of marine fuel last year, more than double the previous year's level, the state-run China Securities Journal reported on Wednesday.Zhoushan…
In the latest development, the Port of Oakland announced that its largest marine terminal is converting 13 diesel-powered yard cranes to hybrid power. The result is expected to be an annual 45-ton reduction in diesel-related air pollutants…
The provider of smart port solutions Konecranes’ long relationship with the EUROGATE Group continues with the signing, early this year, of an order for 17 Konecranes Noell Straddle Carriers for EUROGATE Container Terminal Hamburg.According to a press release…
Piraeus Port Authority SA (PPA) was honored with a Special Award in the 'Environment' category for the 'Environmental Quality Monitoring Programs in collaboration with Academic Institutions and Special Scientific Associates” during the 4th Annual Sustainability Summit 2019…
The European Seaports Organisation (ESPO) said it strongly supports the European Parliament’s call for an increased transport budget of EUR33.5 bn ($38bln).The budget proposed by the European Commission is insufficient to complete the TEN-T network and to invest in a safe…