The German expert for lithium-ion battery systems AKASOL and the Norwegian pioneer of maritime energy storage solutions ZEM have worked together on the development of AKAZEM. The result is a unique autonomous IP 67 compliant liquid cooled…
Concerned with declining market of Indian seafarers industry despite having high population in comparison to its rival countries, representatives of leading shipping associations in the country have joined a ‘task force’ or committee formed…
Descartes Systems Group said it has acquired the assets of Philadelphia based PCSTrac, Inc., including certain related assets of Progressive Computer Services Inc. dba PCS Technologies. The purchase price for the cash acquisition was approximately $11…
Matson said it it will increase the frequency of its South Pacific Express (SPX) service to Samoa and American Samoa from 28 days to 14 days. The service provides transits from Hawai'i and the U.S. West Coast to the Samoas: 12 days from Long Beach and 5…
Damen Shipyards Group recently visited Adelaide to further consolidate their partnership with ASC Shipbuilding and Forgacs Marine and Defence (Forgacs) (ASC Forgacs Shipbuilding) to build twelve Offshore Patrol Vessels (OPV) for the Australian…
Spanish port workers said on Thursday they would go on strike for three days next week to protest against the reform of operations aimed at liberalising hiring practices in a heavily-unionised sector. The strike action is set for next Monday…
Anatomy of an Accident, a new publication from The Swedish Club, provides a unique insight into the huge coordinated exercise that surrounds a serious vessel casualty. Illustrating just how easily an incident can escalate; the guide explores…
Alan Wrigley has announced that he is stepping down from his role as Managing Director of communication and safety at sea specialist Ocean Signal.Effective from June 1, 2017, company founder Wrigley is replaced by Ocean Signal’s current Senior Project Manager…
Glander International Bunkering has hired Nicolai Rosendahl Mortensen, as Bunker and Lubricant Trader in its Dubai office.Mortensen was born and raised in Esbjerg, South West Denmark and is not new to the industry, bringing with him over three years of bunkering experience…
A joint oil and chemical protection exercise between the Nordic countries will involve more than 300 personnel and 30 vessels, making for one of the largest projects of its kind in European history. An increasing level of shipping traffic…
Eniram, a Wärtsilä company, has introduced a major update to its performance monitoring system targeted at commercial shipping operators. The Eniram SkyLight 2.0 adds nautical maps, weather layers, and route importation to make predictive analysis and proactive planning more available…
Teekay Tankers has agreed to acquire all the remaining issued and outstanding shares of Tanker Investments (TIL), in a share-for-share merger at an exchange ratio of 3.30 Teekay Tankers Class A common shares for each TIL common share. Teekay Tankers currently owns 3…
Ecuador's new government on Wednesday said it would keep a promise to eliminate surcharges in June that had been applied to a third of all imports, a move likely to increase imports and consumption but hurt the balance sheet. Former president Rafael Correa imposed the surcharges…
German shipping group Rickmers said it would file for insolvency after bondholder HSH Nordbank rejected its restructuring plan a day ahead of a last-ditch bondholders' meeting. Rickmers had proposed a revamp plan under which the equity stake of owner Bertram Rickmers was to be reduced to 24…
Norsepower Oy Ltd., a leading provider of low-maintenance, software operated, and data verified auxiliary wind propulsion systems, has announced that its CEO Tuomas Riski is this year’s recipient of the ‘Young Entrepreneur Award’. The accolade was presented to Tuomas yesterday…