Latest News - page 226


Harlem Rocket to Collaborate with Raymarine

Dec 27, 2022

The Harlem Rocket, a new high-speed boat tour on the Hudson River along the famed Harlem and Upper Manhattan waterfront set to launch in the Spring of 2023, announced a sponsorship and collaboration with Raymarine. The Harlem Rocket, to be launched from the West Harlem Piers…

Second LPG Dual-Fuel VLGC for Astomos Named Lantana Planet

Dec 27, 2022

On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company…

Ship Recycling Endures a Turbulent 2022

Dec 27, 2022

Like much of the world, one word adequately describes the ship recycling market in 2022: turbulent.According to GMS, prices reached decade long peaks above $700/LDT in the first quarter of the year before crashing back down by about $200/LDT…

Port of Oakland Debuts Zero-emissions Top Picks

Dec 23, 2022

Two, all-electric top picks are operating at the Port of Oakland as part of a demonstration project to create a zero-emissions seaport.  The Oakland Seaport has joined a select group of seaports to operate the green technology equipment. Only a handful of these innovative…

Founded in 1806, SSH Continues Serving Retired Merchant Mariners

Dec 23, 2022

The Sailors’ Snug Harbor (SSH) is a charity based out of New York that provides assistance to retired merchant mariners. In 2022, SSH helped more than 400 mariners in 33 states and Puerto Rico. SSH helps mariners live more comfortably by assisting them with their living expenses such as rent…

Brazil Will Halt Santos Port Privatization

Dec 22, 2022

Brazil's government will not proceed with the privatization of the port of Santos, the largest in Latin America, the incoming minister of ports and airports was quoted as saying on Thursday by a Brazilian newspaper.Marcio Franca, tapped to head…

Suez Canal Open to Foreign Investment, Sovereignty Protected

Dec 22, 2022

Egypt's Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources, the head of the Suez Canal Authority (SCA) said on Thursday.SCA Chairman Osama…

Port in Bahamas Orders Konecranes Mobile Harbor Crane

Dec 22, 2022

Nassau Container Port (NCP) has ordered an eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Crane for container handling at its terminal at Arawak Cay, Nassau, Bahamas. The order was booked in November 2022 and the crane will be delivered in July 2023…

MSC Group Completes Purchase of Bolloré Africa Logistics

Dec 21, 2022

French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5…

Gas Starts to Flow to Freeport LNG Export Plant in Texas

Dec 20, 2022

Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date…

Cargotec CEO Vehviläinen to Retire in 2023

Dec 20, 2022

Cargotec announced on Tuesday that its board of directors received notification from CEO Mika Vehviläinen that he will retire in 2023, in accordance with the terms of his contract.The board has started its a search for a successor, the Finnish cargo-handling machinery manufacturer said…

Port of Rotterdam to Allow Mixed Berthing

Dec 20, 2022

The Port of Rotterdam said it will allow mixed berthing from the second week of January, opening up about 50 mixed berths for inland vessels carrying hazardous cargo.The move, which will allow so-called cone ships (named after the 1 or 2 blue…

Lennerstedt Named CEO at Humphree

Dec 20, 2022

Helena Lennerstedt was appointed CEO of Humphree. She has a background in several leading positions in different companies in the Swedish industry, and for the last seven years whe has been Vice President Purchasing at Volvo Penta. She has a…

FSRU Exemplar Set to Arrive at Finland's Inkoo Port on Dec. 26

Dec 20, 2022

The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…

Africa’s Ports Race Creates Pathways for Plunder

Dec 19, 2022

Ports have long been integral to Africa’s connectivity with the rest of the world. Yet over the last 15 years, a new stage in maritime infrastructure planning and development has begun. Between 2004 and 2019, over US$50 billion was spent on…

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