SAL Heavy Lift, a carrier specializing in sea transport of heavy lift and project cargo, announced that it will expand its fleet with three heavy lift vessels with 800t lifting capacity in early 2020.The three vessels - “MV Hanna”, “MV Klara”…
Underwater hull cleaning specialist HullWiper Ltd is joining forces with GAC Qatar in preparation to launch its hull cleaning solution at the Qatari port of Ras Laffan in early 2020 to meet growing demand for eco-friendly hull cleaning solutions…
Following DP World’s recent acquisition of Topaz Energy and Marine and its integration with P&O Maritime created a new brand P&O Maritime Logistics - a global provider of maritime solutions in offshore, port services and logistics.Through the synergies created by the merger of the two companies…
The Baltic Exchange's main sea freight index fell for a tenth-straight session on Tuesday, as capesize vessel rates hovered near a six-month low.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities…
Høglund Marine Solutions and DNV GL have signed a Memorandum of Understanding (MoU) to help generate and export big data from ships.This is a step towards greater digitalization of the marine industry, providing Høglund with the opportunity…
The technology group Wärtsilä will supply its Vessel Traffic Service (VTS) solution to two of France’s leading ports, Calais and Boulogne. The Wärtsilä VTS will effectively manage vessel traffic in these busy harbors to deliver greater operational efficiency and safety…
Carnival Corporation has announced it has joined the Getting to Zero Coalition.Carnival Corporation is the first cruise company to join the global alliance.The coalition’s goal aligns with the International Maritime Organization’s (IMO) strategy…
The UK Hydrographic Office (UKHO) appointed Rear Admiral Peter Sparkes to the position of National Hydrographer and Deputy Chief Executive.As National Hydrographer, Sparkes is the UK government’s representative at the International Hydrographic Organization (IHO)…
Russia plans to invest $500 million in the Syrian port of Tartus and build a grain hub there to boost its presence on Middle East markets, Interfax news agency cited Deputy Prime Minister Yury Borisov as saying on Tuesday.Russia, the world's largest wheat exporter…
As 2020 approaches, the year ends with the tantalising prospect of a trade deal between the United States and China. Again.Initial agreement to de-escalate the tariff war between the world's two biggest economies has been interpreted as a positive for the global economic outlook…
The Greek marine transportation provider Pyxis Tankers Inc announced that it had agreed to sell the Pyxis Delta, a 2006 built 46,616 dwt product tanker.The emerging growth pure play product tanker company said that the closing of the sale should occur in January…
GasLog signed an Export Credit Agency-backed debt financing of $1.05 billion with 12 international banks for its current newbuilding program.The LNG carrier owner and operator has seven LNG carriers on order at South Korean shipyard Samsung Heavy Industries (SHI)…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacbulk Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Santa Barbara.The global shipping…
Miami-based cruise company Royal Caribbean Cruises Ltd. (RCL) will kick off construction of a third cruise terminal at the Port of Galveston in Texas next year.Both companies have approved a lease agreement to build a third cruise terminal at…
Svitzer has announced the purchase of the Dutch tugboat Mercurius, which has been renamed to Svitzer Mercurius and reflagged to the UK.The tug will be deployed in the Port of Southampton, where the tug increases the company’s fleet in Southampton…