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Port of Long Beach Powers 20% of Local Jobs

Feb 26, 2019

New study reports significant growth in economic impact. The Port of Long Beach is connected to one in five jobs in Long Beach, sustaining a local workforce that continues to drive economic growth across the region, according to a new Economic…

Major Electrification Contract Awarded to NES

Feb 26, 2019

Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES)…

​APM Terminals Mumbai Welcomes New Service

Feb 26, 2019

The newly structured Nhava Sheva – Mundra-Gulf (NMG) service commenced operations at APM Terminals Mumbai on February 21, 2019. First vessel call for this service was made by Sima Marine’s M.V. OEL Transworld.The NMG is a weekly service connecting various ports in middle east…

Konecranes Noell Straddle Carriers to Thessaloniki

Feb 26, 2019

Konecranes has received an order from the Thessaloniki Port Authority SA for 12 Konecranes Noell Straddle Carriers. The delivery time is exceptionally short. The machines will be ready for acceptance in March 2019.    The Thessaloniki Port Authority SA…

Canadian Legislation Concerns ICS

Feb 26, 2019

The Canadian Senate is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia (Bill C-48: An Act respecting the regulation of vessels…

Hapag-Lloyd: U.S. Probe Ends with no Obligations

Feb 26, 2019

Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday.'Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust…

Cruise Building: Growing, Cleaner and Not Always Bigger

Feb 26, 2019

2019 will be the biggest year ever for new ship introductions.The ships are coming. Cruise Lines International Association (CLIA) suggests that in the coming year 18 new ships are on order for CLIA cruise lines. The next few years will see the…

Maersk: Firm Cleared in U.S. Shipping Investigation

Feb 26, 2019

A.P. Moller Maersk said on Tuesday a U.S. Department of Justice (DoJ) investigation into the practices of container shipping companies had closed and the group was released from any obligations.In 2017, the DoJ ordered top executives from several…

FERC Approves Venture Global LNG Terminal

Feb 25, 2019

The Federal Energy Regulatory Commission (FERC) cleared Venture Global Calcasieu Pass LLC’s proposed liquefied natural gas export project in Cameron Parish, Louisiana, marking the first authorization in two years for a new LNG export facility…

2018: 'Grand Cru' Year for Antwerp Port

Feb 25, 2019

Europe’s second-largest seaport, the Port of Antwerp in Flanders, Belgium said that with a 6th year record, growth in all cargotypes and a recent wave of investments, 2018 will be a 'grand cru' year.'The confirmation of the port's attractiveness…

MOL Signs LNG Charter with Pavilion Gas

Feb 25, 2019

Mitsui O.S.K. Lines (MOL) has announced that it has signed a long-term charter contract to operate Asia's largest (12,000m3-class) LNG bunkering vessel in Singapore, the world's largest fuel supply port, with Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy…

Diana Shipping Fixes Two Dry Bulkers with SwissMarine

Feb 25, 2019

Diana Shipping has announced time charter contracts for m/v Newport News and m/v Los Angeles with SwissMarine.The global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary…

ABS Answers USCG Call for Port Cyber Security

Feb 25, 2019

New solution incorporates National Institute of Standards and Technology Cyber Security Framework (NIST CSF). ABS Advanced Solutions announced a first-of-its-kind cyber security solution to aid regulated maritime facilities in complying with US Coast Guard (USCG) guidance…

World First: Hybrid Cruise Ship Completes Sea Trial

Feb 25, 2019

Hurtigruten’s MS Roald Amundsen is nearing completion at Kleven Yard. This weekend the world’s first hybrid powered cruise ship completed her first sea trials in the fjords along the western coast of Norway.With Norwegian fjords as testing ground…

Fitch Affirms Port of Oakland at 'A+'

Feb 25, 2019

Fitch Affirms Port of Oakland, CA's Sr. Revs, Intermediate Revs and Bank Bonds Underlying CP Notes.Fitch Ratings has affirmed the following Port of Oakland, CA bonds:$637 million of senior lien revenue bonds at 'A+';$218 million of intermediate lien revenue bonds at 'A'…

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