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Hyundai Merchant Marine to Say Good Bye to 2M Alliance?

Dec 04, 2018

South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join  a new ocean alliance said a local media report.According to a report in Business Korea, the…

Hoegh LNG Partners Appoints New CFO

Dec 03, 2018

The floating liquefied natural gas (LNG) company  Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective…

NYK Launches Ship-management Platform NiBiKi

Dec 03, 2018

Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The  new platform NiBiKi is useful for the onboard crew helping…

Georgia Announces New Inland Terminal

Dec 03, 2018

Northeast Georgia Inland Port to serve fast-growing Gainesville region. Gov. Nathan Deal speaks during the announcement for the Georgia Ports Authority's new inland terminal, Monday, Dec. 3, 2018, in Gainesville, Ga. Cargo moved via the Northeast…

Vessel arrives at Cheniere's Corpus Christi LNG Plant

Dec 03, 2018

A liquefied natural gas (LNG) vessel, the Maria Energy, arrived at Cheniere Energy Inc's $15 billion Corpus Christi LNG export facility in Texas on Saturday, according to Reuters vessel tracking data.This is the second vessel to visit Corpus…

Konecranes Hybrid RTGs for Port Houston

Dec 03, 2018

Konecranes has won an order from long-term customer Port Houston, USA, for eight Konecranes RTGs equipped with hybrid power packs. These will be the first Konecranes hybrid RTGs to be delivered. The cranes will be delivered in Q1 2020 to the Barbours Cut Terminal…

Milaha Awarded International Health and Safety Management Award

Dec 03, 2018

Milaha, a Qatar-based maritime transport and logistics conglomerate, has won the prestigious “Sword of Honor” from the British Safety Council which is awarded to companies that have demonstrated excellence in the management of health and safety risks at work…

AAPA Questions CBP Policy on Agency’s Staff Facilities at Ports

Dec 03, 2018

On Wednesday (Nov. 28), the American Association of Port Authorities (AAPA) addressed U.S. Customs and Border Protection (CBP) policies requesting port authorities to build and incur the costs of CBP staffing facilities at ports. In a letter to CBP Commissioner Kevin K…

TOP Ships Concludes Suezmax Financing

Dec 03, 2018

TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, announced that it has concluded Financing Agreements with a major Chinese leasing company…

Falling Capesize Demand Weighs on Baltic Index

Dec 03, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the fourth straight session on Monday, pressured by waning demand for capesize vessels.The overall index, which factors in rates for capesize…

Illinois Soybean Growers Encouraged by U.S-China Trade Talks

Dec 03, 2018

Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: “As the nation’s top soybean-producing state…

Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub

Dec 03, 2018

Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby…

TEN: Cautious Optimism on Shipping Market

Dec 02, 2018

The provider of seaborne crude oil and petroleum product transportation services Tsakos Energy Navigation Limited (TEN) said that though the tanker market showed upward trajectory, management will keep a close eye on developments and refine its employment approach…

Denmark Mulls Most Modern Container Port

Dec 02, 2018

Copenhagen Malmö Port said that Denmark’s most modern container port will be completed by the end of 2021 – the futureproof, modern, sustainable and automated container terminal in Copenhagen. The terminal substantially strengthens CMP’s role…

Seoul Connects Maritime Capacity-building Activities with IMO

Dec 02, 2018

The first regional donor/recipient workshop on maritime Technical Cooperation activities held in Seoul, the Republic of Korea (26-30 November). The workshop built on the long-term resource mobilization strategy for International Maritime Organization (IMO)'s Technical Cooperation activities…

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