Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no…
Transnet National Ports Authority (TNPA) has completed the construction of its Maritime Training Center at the Port of Cape Town and the institution will run its first courses in September 2018.TNPA refurbished an underutilized building at the port to house the center…
May imports at the Northwest Seaport Alliance of Seattle and Tacoma reached their highest level since 2010 this year.At 131,067 TEUs (20-foot equivalent units), import volumes were 0.7 percent above last May's total.Export volumes of 114,227 TEUs marked a 11…
The Transnet National Ports Authority (TNPA) operated Ports of Durban, Cape Town, and Elizabeth have been nominated for the Africa & Indian Ocean segment of the 25th annual World Travel Awards in the category of “Africa’s Leading Cruise Port 2018”…
The Cyprus shipping sector continues to make news, as Dr. Heinrich Schulte, the chairman of the Schulte Group, underlined his long-term commitment to the Cypriot shipping industry when he met with H.E. Mr. Nicos Anastasiades, the President of the Republic of Cyprus…
French-based CMA CGM, one of the world's largest container shipping firms, has agreed to acquire Finland's Containerships from Container Finance Ltd Oy.Terms of the deal, which is expected to close in three to six months, were not disclosed…
Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on Wednesday.Happe will take the position at a time where Maersk is undergoing a strategic transformation from a broader conglomerate including an oil business to a more focused shipping company…
The logistics surrounding the Port of Rotterdam are daunting. Eight deep sea terminals; 600 barges with 150 different owners; some 150,000 shippers from across Belgium, the Netherlands and Germany all relying on the port. The result is a fragmented…
Mitsui O.S.K. Lines (MOL) announced that MOL and Mitsui & Co have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS, which is owned by Akastor ASA, Norway. After in-kind contribution of the company of owner and leasing the subsea support vessel…
Kalmar, part of Cargotec, has signed a contract with Rotterdam Short Sea Terminals (RST) to supply two Kalmar rail-mounted gantry (RMG) cranes with remote control and extensive customisation. The order was booked in Cargotec's 2018 second quarter order intake…
GasLog Partners announced that it has entered into a new multi-year time charter for the GasLog Sydney with a wholly owned subsidiary of Cheniere Energy scheduled to commence in 2018. The charterer has options to extend the charter for up to two consecutive periods at escalating rates…
Crowley Fuels says high customer demand in Puerto Rico has led the company to acquire 40 additional ISO tanks for its Caribbean group that will be used to supply, transport and distribute U.S.-sourced liquefied natural gas (LNG) to customers on the island…
The Swedish Club announced at its AGM last week that it has appointed five new Board members.The following new Board members were elected, bringing with them a wealth of experience from many sectors of the shipping industry:• Dr. Zou Yingying…
KVH Industries, Inc. announced today that global ship manager Nordic Hamburg has chosen KVH’s new advanced TracPhone V7-HTS antenna equipment and the AgilePlans subscription-based Connectivity as a Service (CaaS) program to bring fast, global connectivity to its vessels…
Supply chain management and freight forwarding services provider DAMCO, part of A.P. Moller – Maersk, has announced the appointment of Ashutosh Dixit as CEO for India, Bangladesh and Sri Lanka (IBS) effective from June 15, 2018.A seasoned executive…