Latest News - page 516


ARISE Mauritania Picks Kalmar Equipment

Dec 23, 2019

Kalmar, the provider of cargo-handling solutions and equipments to ports and terminals, has concluded an agreement to supply a suite of yard crane and mobile equipment to ARISE Mauritania for Nouakchott container terminal.The agreement includes…

Antwerp Port Achieves Record for 7th Year

Dec 23, 2019

The Port of Antwerp has seen significant growth for the seventh year in a row, with freight volume up 1.3% to 238 million tonnes. Although some segments are under pressure, the port says it is making progress both economically and in sustainability and mobility…

MOL Secures Green Loan for LNGBV

Dec 23, 2019

Japanese shipping giant Mitsui O.S.K. Lines has signed its first green loan, which it plans to use to partially finance the construction of the world's largest liquefied natural gas bunkering vessel (LNGBV).The 18,600 cubic meters (cbm) LNGBV for Total will be owned and operated by MOL…

Hawaii Congressman Introduces Anti Jones Act Legislation

Dec 23, 2019

Hawaii Congressman Ed Case has introduced three bills in Congress to reform Merchant Marine Act of 1920 (commonly referred to as the Jones Act), which he states “artificially inflates the cost of shipping goods to Hawaii”.Case’s three measures…

UAS Announces New Marine Transportation Scholarship

Dec 23, 2019

As tourism increases so will the demand for trained, licensed employees and sea pilots navigating the Inside Passage and a new University of Alaska Southeast (UAS) scholarship endowment was inspired to do just that.The Captain Michael A. Clinkscales…

E-money Platform MarCoPay Accredited by Bank

Dec 23, 2019

On December 10, MarCoPay Inc. has obtained a certificate of registration from Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, allowing the company to operate as an electronic money issuer.In July 2019, NYK and Philippine…

Xeneta's Year Ends High, Concerns Remain

Dec 23, 2019

Xeneta has ended 2019 with a second month of increases in long-term contracted ocean freight rates across key trading routes.According to the latest XSI Public Indices report from Xeneta  global rates climbed by 0.9% in December (adding to a 0…

Bourbon Assets Taken Over by Creditor Banks

Dec 23, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…

Maersk Outlines Year in Review, Outlook

Dec 23, 2019

Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad…

US Box Ship Rescues Iranian Mariners

Dec 23, 2019

A U.S.-flagged merchant vessel Maersk Kinloss rescued three Iranian mariners who had been stranded at sea for several weeks.The Maersk company informed U.S. Naval Forces Central Command (NAVCENT) of the December 18 rescue.The stranded mariners were transferred to the Omani coast guard…

Dead Monkey Found in a Shipping Container

Dec 23, 2019

A dead monkey was found in a shipping container in Whāngārei, New Zealand this month.A staff member at BBS Timbers discovered the dehydrated monkey body squeezed between sawn timber packs upon opening the fumigated container, which had arrived from Guyana…

Damen: New CEO and Structure

Dec 23, 2019

Arnout Damen will take over as CEO of Damen Shipyards Group effective January 1, as the the Dutch shipbuilding conglomerate transitions to a new divisional structure, the group announce on Monday.Arnout Damen succeeds René Berkvens, who has…

BIO-UV in Chinese BWTS Partnership

Dec 22, 2019

French ballast water treatment specialist BIO-UV Group has strengthened its global partnership network with Hai Cheung Trading (HCT), a specialist marine equipment supplier based in Hong Kong to reinforce the commercial rollout of BIO-SEA ballast water treatment system across Asia…

$138M Ok'd for Charleston Harbor Project

Dec 22, 2019

US President Donald Trump approved $138 million for the Charleston Harbor Deepening Project as part of the Energy and Water Appropriations Bill in the 2020 Budget.According to a statement from South Carolina Ports Authority, both the Senate…

CMA CGM: Terminal Deal with China Merchants Complete

Dec 20, 2019

CMA CGM said on Friday it had finalized an agreement with China Merchants Port Holdings Co. to sell stakes in 10 port terminals to the companies' joint venture.France-based CMA CGM, the world's fourth-largest container shipping company, confirmed…

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