Austal USA was named Alabama’s manufacturer of the year by the Alabama Technology Network and the Business Council of Alabama during a ceremony in Montgomery, Ala. This makes Austal a three-time honoree in the award’s 16-year history; once as a medium company and twice as a large company…
Terex Port Solutions (TPS) has acquired the assets of the terminal tractor product line from CVS Ferrari S.R.L. (CVS), which has been part of Manitex International, Inc. since 2010. The acquisition strengthens TPS’ position as a leader in integrated solutions for ports and terminals…
The International Chamber of Shipping (ICS) has made a number of submissions to a critical meeting of the IMO Marine Environment Committee (MEPC) which begins in London next week (18-22 April). These address further measures to reduce the sector’s CO2 emissions…
In a period of cost constraint and increasingly complex oil & gas production, finding solutions that increase efficiency and production has never been more important. To address the industry’s need for smart solutions that reduce complexity…
Yesterday during a joint trade mission in Montreal, the port authorities of Montreal and Antwerp, Belgium renewed their cooperative agreement. The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp…
DP World Group Chairman and CEO, and Chairman of Ports, Customs and Freezones Corporation, HE Sultan Ahmed Bin Sulayem has met with the Prime Minister of Georgia, Giorgi Kvirikashvili, at the Annual Investment Meeting in Dubai to explore possible future opportunities for economic co-operation…
The Nautical Institute (Singapore) has been established as a branch of The Nautical Institute, the international professional organisation for maritime professionals.It will hold its inaugural meeting in the Republic during Maritime Week…
The newly developed waste heat recovery system 'Hydrocurrent Organic Rankine Cycle (ORC) Module 125EJW' 1 by MHI Marine Machinery & Engine Co., Ltd. (President: Kazuo Soma, Head Office: Nagasaki) has begun operation on the vessel named Arnold Maersk belonging to Maersk Line…
Incat Crowther launched the Harbor Master, a new generation of tour vessel to operate on Tasmania’s picturesque Macquarie Harbor.Developed in collaboration with World Heritage Cruises, the 220-passenger, 35-metre catamaran combines the operator’s…
The Board of Commissioners of the Port of New Orleans joined a host of elected officials and industry partners today to dedicate the Port’s new $25 million Mississippi River Intermodal Terminal. The terminal, made possible by a $16.7 million federal transportation TIGER grant…
Drewry Supply Chain Advisors’ whitepaper finds that the traditional gateway ports in North-West Europe no longer hold all of the trump cards. A recently published whitepaper from Drewry’s Supply Chain Advisors looking at the ‘Best Routes’…
Maritime services provider Navig8 Group has agreed to buy shallow-water contractor RK Offshore Management. Singapore-headquartered Navig8 Group, the world's largest provider of maritime services, announced that it has entered into agreements…
According to WSJ report, deals involving Cosco, China Shipping, CMA CGM and Neptune Orient Lines to bring major changes in global shipping alliances. China Cosco Shipping and CMA CGM are hoping to form a new alliance with OOCL, Evergreen Line…
U.S. Defense Secretary Ashton Carter and Indian Defence Minister Manohar Parrikar agreed to strengthen their cooperation on maritime security, as concerns grow in Washington over Beijing's growing military ambitions. Carter is in New…
The Maritime and Port Authority of Singapore (MPA) is rolling out a series of new manpower schemes to attract, develop and retain local talent in the maritime sector. The Government will set aside S$12 million over the next two years to roll out a series of manpower schemes…