Latest News - page 721


Rotterdam Port Launches Green Shipping Scheme

Jan 21, 2019

The Port of Rotterdam Authority has launched a new financial scheme, Incentive Scheme Climate-Friendly Shipping,  supporting projects intended to reduce the shipping sector’s CO2 emissions.The Port of Rotterdam Authority has made five million euros available to this end…

Asahi MOL Tankers Established

Jan 21, 2019

Japanese shipping company Mitsui O.S.K. Lines (MOL) and the marine transportation services provider Asahi Tanker Co have launched a new MR product tankers pool with a fleet of about 25 ships.The new pool, named Asahi MOL Tankers and headquartered in Republic of the Marshall Islands…

Yang Ming Launches New China-Malaysia Direct Service

Jan 21, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corp. (YM) has announced the launch of CMS service (China-Malaysia service) with effect on February 23rd, 2019 (estimated time of berth from Qingdao).The service is jointly operated by Yang Ming…

Newcastle Port Becomes First EcoPort in Australasia

Jan 21, 2019

Port of Newcastle has become the first port in Australia or New Zealand to commit to meeting global environmental and sustainability standards as set by EcoPorts.The port was this month granted membership of the International EcoPorts network…

China Navigation Buys Bulk Shipping Arm of Hamburg Süd

Jan 21, 2019

German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company (CNCo), part of the Swire Group,  as it focusses on its liner business with its two container shipping brands, Hamburg Süd and Aliança…

Peterson Wins Logitsics Contract for Repsol Sinopec

Jan 21, 2019

Energy logistics provider Peterson announced Monday it has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources U.K.The contract sees Repsol Sinopec transitioning their marine and quayside operations to Aberdeen from Peterhead with integrated supply base…

New Mobile Harbor Crane Arrives at Port Canaveral

Jan 21, 2019

A new mobile harbor crane for Port Canaveral arrived at the Port’s North Cargo Berth 5. The mammoth crane arrived aboard the heavy load carrier, Happy Dover.  The 270-ft/ tall Liebherr LHM 600 – reportedly the largest mobile harbor crane in the U…

GAC Expands in South America

Jan 21, 2019

Growing demand for professional shipping services from the offshore oil & gas industry has prompted GAC to open an office in Uruguay. The new office continues 2018’s expansion of the Group’s Americas region with the opening of GAC Brazil’s office in Fortaleza…

Hafnia/BW Tankers Create Product Tanker Giant

Jan 20, 2019

The merger of BW Tankers with Hafnia Tankers is being operationalized creating one of the world’s largest owners and operators of product tankers.The merged company owns and operates a fleet consisting of approximately 100 product tankers, four newbuildings and three product tanker pools…

Deltamarin Wins Design of Titanic II Project

Jan 20, 2019

Passenger and cargo shipping company Blue Star Line has contracted Deltamarin to continue with the design of Titanic II. The contract covers activities and tasks for the design process, consultancy and project management services.Deltamarin…

Oakland Port Cargo Volume Hit All-time High in 2018

Jan 20, 2019

The Port of Oakland reported a record-setting 2018 in cargo movement, on account of an expected spike in imports aimed at beating new tariffs on goods shipped from China.According to data released by the port, it handled the equivalent of 2…

Russia Launches First-ever Arctic Satellite

Jan 20, 2019

The first Russian satellite for weather forecasting and monitoring climate and environment in the Arctic region, Arktika-M, is planned to be sent to near-earth orbit in June 2019.Sputnik quoted Russian space industry source saying: 'The launch of the Soyuz-2…

India Fines Dutch Vessel Owner for Beaching Ship

Jan 20, 2019

Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR and paid a settlement of 2.2 million EUR - totaling to a price tag of almost 3 million EUR - for having beached a ship for scrapping in India.According to a press release from NGO Shipbreaking Platform…

IMO Crosses Language Barriers

Jan 20, 2019

One of the great strengths of the UN system is its multi-national and multi-cultural nature.As far as possible, UN bodies try to work in their delegates’ own languages or at least in a language they are familiar and comfortable with. There are six official languages (Arabic…

IMO 2020: Oil Refining Capacity to Grow at Record Pace

Jan 19, 2019

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said.Oil refining capacity will rise by 2…

Current News

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World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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