Michel Dominique Thomsen has been promoted to the position of commercial director with Dan-Bunkering (America) Inc. as of August 1, 2017. Thomsen initially started as bunker trader with Dan-Bunkering at the office in Copenhagen in 2005…
The Baltic Exchange's main sea freight index, which tracks rates of ships carrying dry bulk commodities, posted its best day in nearly three weeks on Tuesday, helped by higher rates for all vessel types. The index, which factors in rates for capesize…
Satellite communications services provider Inmarsat said it has signed a Memorandum of Understanding (MoU) with shipbuilder Samsung Heavy Industries (SHI), establishing a relationship to leverage the ‘smart ship’ connectivity offered by Fleet Xpress at the vessel construction stage…
Angola LNG (ALNG) and Vitol, the world’s largest independent energy dealer, have entered into a multi-year LNG sales agreement. Under the agreement, ALNG cargoes will be delivered to Vitol at destinations around the world. Commenting on the sales agreement…
German ship manager NSB Group has added 31 new ships under its management. In the course of the new joint venture named PT Asia Marine Temas fleet of NSB grows up to 96 vessels in total. At the same time NSB extends its business in Southeast Asia…
The two major Port State Control regimes – Paris MoU and Tokyo MoU – will focus especially on navigational safety in a so-called Concentrated Inspection Campaign (CIC) is being taken place from 1 September until 30 November 2017, said Danish Maritime Authority…
APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings. The share sale was initiated and led by Advent, who is the controlling shareholder of TCP. Price and terms…
A workshop in Lagos, Nigeria has helped train Nigerian officials in the necessary skills and knowledge to plan, conduct and assess security drills and exercises in their port facilities. The event (28 August – 1 September) focused on port security measures of the Organization’s ISPS Code…
Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedes, according to the latest Manning report published by global shipping consultancy Drewry…
Shore power and charging infrastructure could reduce CO2 emissions by as much as 12.5 million tonnes at ports in Norway every year – this is one of the main conclusions of a report compiled by a pool of experts from ABB, DNV GL, the Port of Oslo…
Pioneer Marine, a global dry bulk handy size transportation service provider, announced today changes in its Senior Management Team. Torben Janholt, who has served as Board Member of the Company since 2013, has been named as the new CEO of…
Viikki, the new eco-friendly dry cargo vessel of ESL Shipping, part of Aspo Plc, was successfully launched today at the Jinling shipyard in Nanjing, China. “The longstanding work in this project becomes concrete today when we see the vessel floating for the first time…
The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador…
A Tanzanian-flagged cargo ship sank off the Omani coast due to leaked sea water, reported Bahrain News Agency. Twenty sailors were saved. The report quoted Authorities in Oman saying that the ship was loaded with construction material, consisting of steel bars and sand…
Port Taranaki is committed to providing world-class assets and service excellence to support the cruise industry, chief executive Guy Roper says. Mr Roper took part in a panel discussion of leaders from “emerging ports” at today’s Cruise New Zealand 2017 Conference…