Dry bulk shipping company Golden Ocean Group said Monday that Per Heiberg, Chief Financial Officer of Golden Ocean Management AS, had resigned.Heiberg has held the CFO since April 2016 and has worked for the company in various capacities since July 2005…
Container shipping group CMA CGM on Friday reported higher second-quarter profits and said it expects results to improve again in the current quarter as the shipping sector recovers quickly from disruption caused by the coronavirus pandemic…
Seatankers, the powerful holding company of Norwegian-born billionaire John Fredriksen, said on Thursday it had hired a veteran fund manager to broaden the group’s portfolio and bring in outside capital in a new unit.Vegard Soeraunet, until…
Material handling equipment, like forklifts, are vital to a port’s day-to-day operations. Forklifts enable employees to keep containers and other heavy materials on the move during their shift. But due to the nature of the equipment, forklifts…
As the marine industry works to find the ‘fuel of the future’ to address increasingly stringent emission regulations, an interesting development from a trio of marine powers in Japan seeks to develop the world’s first ammonia-fueled tugboat…
Philly Shipyard announced Wednesday that Jeffrey Theisen will re-join the company as Chief Financial Officer, effective September 8. Theisen fills the vacancy created by last month's sudden passing of Brian Leathers.Theisen previously served as Philly Shipyard's CFO for eight years…
ABS and Chevron Shipping Company LLC have embarked on a digital fleet management journey.As a first step, the Suezmax lightering vessel Pegasus Voyager has become the first vessel in Chevron’s fleet to qualify for the ABS maintenance optimization notation SMART-MHM (Machinery Health Monitoring)…
Kongsberg Maritime and Massterly (a Kongsberg Wilhelmsen joint venture) have signed contracts with the Norwegian grocery distributor ASKO to equip two new all-electric vessels with autonomous technology, and to manage their operations at sea…
BIMCO notes stunning comeback to Q2 agricultural exports nearly triple freight ratesAs agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates…
Kanagawa Dockyard Co. Ltd, Kobe, Japan delivered the tug, Dolphin No. 29 on August 19, 2020, the fourth, in a series of 13 tugs, built for Adani Group. The tug will be engaged in mooring and towing work for berthing and un-berthing at the Adani Vizhinjam Port and on the coast of India…
Christine Spiten, Nor-Shipping’s latest #ACTION hero, is profiled here, explaining how she left Blueye for the WWF and a mission to stop the ocean's plastics problem the problem at its source. “Eight million tons.”Christine Spiten lets the number…
The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday, by potentially removing exemptions that allow some oil companies to exchange Venezuelan crude for fuel from the OPEC member…
Norway-based Yara Marine Technologies says it is running a competition for start-ups to accelerate the growth of technologies and solutions that will contribute to a greener maritime industry.“Our corporate mission is to nurture the next generation of high value…
The port of Salerno in southern Italy has been an important trading center since ancient times, and Italian port terminal operator Salerno Container Terminal SPA (SCT) has been a regular customer of Liebherr Port Equipment, today operating 11 Liebherr machines…
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven…