South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) has bagged an order from the Angelicoussis Shipping Group’s unit Maran Gas Maritime, for a floating storage and regasification unit (FSRU). The local media which quoted DSME sources saying Tthat the vessel with a 173…
The risk to container shipping from US-led trade wars is currently low, but potentially very damaging, according to the latest edition of the Container Forecaster published by global shipping consultancy Drewry.“In the March report we said that we were hopeful of a peaceful resolution…
The oilfield trucking provider Mullen Group has announced the closing of the acquisition of hydro excavation company Canadian Hydrovac (CHL). CHL is a private company owned by Dan Shemanchuk which is based in Sherwood Park, Alberta. CHL…
The second phase of an International Maritime Organization (IMO) -implemented project to enhance safe and environmentally sound ship recycling in Bangladesh has been launched with the first Project Executive Committee meeting in Dhaka, Bangladesh (2 July)…
Hamburg Süd has been a reliable and efficient partner of US shippers of agricultural and forestry products for many years. For its outstanding performance, it was recently honored as “Top Ranked Carrier” for the third year in a row by the Agriculture Transportation Coalition (AgTC)…
Kalmar, part of Cargotec, has signed an agreement to sell its rough terrain handling business, Kalmar Rough Terrain Center (KRTC), to the management and a Texas-based investment group, led by Independent Bankers Capital Funds (IBCF) and Congruent Investment Partners…
Konecranes recently commissioned the mobile harbor crane in in the new terminal of SIR in Brindisi, Italy, where it will handle coal destined for power generation in continuous-duty operation. SIR srl (SIR), a leading provider of industry-related environmental services…
As the UK Cabinet prepares for an away day’ at Chequers this week, the British Ports Association (BPA) has urged Ministers to agree a proposal that will ensure goods continue to flow uninterrupted between UK and EU ports post-Brexit. Commenting…
Norwegian shipping company Klaveness Combination Carriers (KCC) has declared an option for the construction of a combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The delivery date is scheduled for second quarter 2020…
The Seattle-based Holland America Line said its small ship 835-passenger Prinsendam had been sold to a company that would put it in service with a German cruise operator Phoenix Reisen. Holland America said the ship will leave the Holland America fleet on July 1…
The Port of Gothenburg has extended and renewed the port tariff discounts for vessels running on liquefied natural gas (LNG). In 2015, the Port of Gothenburg introduced an environmental discount on the port tariff in an effort to increase the number of calls by ships running on LNG…
Seaspan Shipyards (Seaspan) appointed Jari Anttila as Chief Operating Officer (COO), who has more than 25 years of experience in shipbuilding and industrial operations. Previously with Philly Shipyard Inc. where he served as Senior Vice President…
Huntington Ingalls Industries announced today that Bryan Caccavale has been promoted to vice president of strategic sourcing for the company’s Newport News Shipbuilding division. He assumed his new role this week and reports to the shipyard’s president…
I was honored to be present in South Philadelphia on June 30 to witness the christening of the largest container ship ever built in the United States. It was built by Philly Shipyards for shipping company, Matson, Inc., and was named for the former Hawaii senator…
Maritime companies under market pressure have another negative force with which to deal: Steadily rising bunnker costs in tandem with oil's nearly year-long rise. According to Moody's, Hapag-Lloyd on June 29 revised its outlook for EBIT and…