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Indonesian President Widodo Visits CMA CGM in Jakarta

May 16, 2018

CMA CGM welcomed, on Tuesday May 15, the Indonesian President, His Excellency Joko Widodo, on the occasion of his visit to the port of Jakarta (JICT). President Widodo was accompanied by the Minister of Industry, Mr. Airlangga Hartarto, the Minister of Trade…

Kalmar SmartPower for Indonesian Terminal

May 16, 2018

Kalmar, part of Cargotec, concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's…

Container Shipping Line MSC Stops New Iran Bookings

May 16, 2018

The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients…

Shipbuilding: Keppel Bags Order for Van Oord Dredgers

May 16, 2018

Keppel Singmarine Pte won contracts from Van Oord to build two Trailing Suction Hopper Dredgers (with an option for a third), the shipbuilder announced, scheduled for completion in 4Q 2020 and 2Q 2021 respectively. Built to the standards of Bureau Veritas…

MSC Expands Intermodal Shipping at Trieste

May 16, 2018

MSC Mediterranean Shipping Company S.A. is enhancing intermodal connections via the port of Trieste, Italy, to improve transit times for shippers moving cargo between Asia, the Mediterranean and Europe. The new “MSC Graz-Trieste Runner” shuttle train…

DMA: Third Party Liability Insurance Mandatory for Small Vessels

May 15, 2018

After new regulation, all speedboats with a hull length below 15 m, personal watercrafts/jet skis and similar vessels must now be covered by a 3. part liability insurance. Danish Maritime Authority informed that if the vessel does not have insurance coverage…

Star Bulk Carriers Acquires Songa Bulk Fleet

May 15, 2018

Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions.  15 of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers…

DNV GL Invests in Public Blockchain Service Provider VeChain

May 15, 2018

DNV GL, the risk management and quality assurance company, has bought a stake in leading public blockchain service provider VeChain as it looks to use the technology to develop new digital assurance solutions. The acquisition builds on…

New Online Tool Aids 2020 Sulfur Compliance

May 15, 2018

The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020…

Bahri Chooses Digital Strategic Partner

May 15, 2018

Saudi Arabia based Bahri Group, one of the largest ship owners in the Middle East and the largest owner of very large crude carriers (VLCC) in the world, has opted for digital solutions from Singapore based MariApps Marine Solutions to help meet its ship management software requirements…

Norway Expects Gas Export Prices to Slip in 2019

May 15, 2018

Prices of Norwegian gas exports are likely to rise slightly this year amid strong demand, but will fall back in 2019 as liquefied natural gas (LNG) deliveries in Europe are expected to increase, the government said in its revised budget on Tuesday…

Marine Jet Power Hires Tilton

May 15, 2018

Jordan Tilton has rejoined the Marine Jet Power (MJP) sales team as Program Manager responsible for key account management and aftermarket business development in the Americas.Tilton has more than 15 years experience in the commercial marine sector…

China's ShFE plans commodities platform to set physical prices

May 15, 2018

Shanghai Futures Exchange (ShFE) said on Tuesday it would launch China's first real-time platform for trading physical commodities from copper to chemicals, as it seeks to improve transparency and challenge rivals in the global futures market…

Yanmar Hires Nordics Regional Manager

May 15, 2018

Yanmar Marine International has appointed Daniel Sundberg as its new Nordics Regional Manager to oversee sales, after-sales and marketing related to the manufacturer’s commercial and leisure marine engines and other Yanmar Group brands in Norway…

Fifth US Sorghum Vessel Heads to Spain

May 15, 2018

The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum is heading to the Spanish port of Cartagena, Thomson Reuters Eikon ship-tracking data showed, in what will be a fifth cargo of U.S. sorghum to be diverted from China to Spain.The ship…

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