Fitch Ratings has affirmed the 'A' rating on Broward County's Port Everglades' outstanding $167 million port facilities senior revenue and refunding bonds, and has revised the Rating Outlook from Stable to Positive. Fitch reported: 'The…
Following the appointment of Chairman, John Pattullo and non-executive director Jesper Kjaedegaard on 9 March, V.Group has announced its decision to appoint a new CEO to start in Q4 2017. This decision was taken jointly with Clive Richardson who has successfully led the company since 2009…
Peel Ports has appointed APM Terminals’ Jouke Schaap to head up its entire container operations.The position has been created to drive commercial opportunities focussed on the company’s network of terminals and port-centric logistics facilities…
Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery. But the timing of any market upturn will be heavily influenced by the level of scrapping, according to the latest edition of the Tanker Forecaster…
South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data. The global total amount of new shipbuilding orders reached 750,000 CGT last month and 340,000 CGT and 260,000 CGT went to South Korean and Chinese shipbuilders…
The International Chamber of Shipping (ICS) and IT Energy have announced the launch of the latest release of their acclaimed ISF Watchkeeper software – ISF Watchkeeper 3.5 – developed for maintaining records of individual seafarers’ work hour records…
Elbit Systems announced that it won a $40 million contract from the Brazilian Marines to supply advanced systems for computerization, electronic warfare, radio, and communications. The contract will be performed over a two-year period. The…
Greece-based DryShips, a diversified owner of ocean going cargo vessels, entered into an agreement with an entity affiliated with the Company’s Chairman and CEO, George Economou, to acquire one 158,000 deadweight tons Suezmax tanker currently under construction in China…
A new entry to the ballast water treatment promises compliance along with savings in both CapEx and OpEx. Who says there’s no ‘silver bullet’ in the BWTS game? In the port of Houston, Texas, three medium-sized tankers are berthed adjacent to one another at this sprawling petrochemical complex…
Abu Dhabi Ports the master developer, operator and manager of commercial and community ports in UAE, as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi and the Korean Chambers of Commerce and Industry, have hosted an investment forum for the Korean market…
WSP | Parsons Brinckerhoff, a global engineering and professional services firm, is now WSP worldwide effective May 10. In the United States, the firm will operate as WSP USA. Parsons Brinckerhoff, a transportation engineering and management organization founded in 1885 in New York City…
Employers in the river sector and prospective employees will have a unique opportunity to network with each other on May 24 thanks to a partnership between RiverWorks Discovery and the Inland Marine Expo. RiverWorks Discovery will host the Who Works the Rivers career fair from 10 a…
Transporter of project, breakbulk and heavylift cargo Intermarine, LLC said it has expanded its Houston-based liner services from the Americas to the Mediterranean. The line will focus on service from the U.S. Gulf Coast/Americas to the Mediterranean…
Four years ao Montecon challenged Liebherr Maritime Cranes to design and built a pair of mobile harbor cranes, the world's largest, that would be able to reach up to 22 rows of containers, a feat of dockside logistics never seen before.The project was recently successfully completed…
Navios Maritime Partners, an international owner and operator of dry bulk and container vessels, announced on May 9 that it has agreed to acquire one 2011 South Korean-built Capesize vessel of 179,016 dwt for a purchase price of $31.05 million…