Greece-based crude, product and LNG tanker operator Tsakos Energy Navigation (TEN) ordered has one-option-one 174,000cbm LNG carrier from Hyundai Heavy Industries (HHI) in South Korea with expected delivery, the first, in the second half of 2021 and the second…
China on Tuesday formally established China Shipbuilding Group, which the country's government-run broadcaster described as the world's largest shipbuilder.The group's establishment, reported by China Central Television (CCTV), comes after Beijing…
New system helping to solve garbage problems in rivers by collecting waste from water surface. SpillTech, aNorwegian company which specializes in oil spill recovery equipment and systems to collect waste in ports, is expanding its services to tackle waste pollution issues in rivers…
Steerprop appointed Riku-Pekka Hägg as its new Chief Executive Officer (CEO), starting January 2020.Formerly Hägg was Vice President of Ship Design at Wärtsilä. “Steerprop shares my passions and values to ensure efficient and sustainable shipping in the future…
Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this year…
Ireland-based coastal shipping line operator Arklow Shipping (ASL) has added Arklow Accord the bulk cargo vessel to its fleet.Arklow Accord was successfully launched at the Ferus Smit shipyard in Westerbroek, Netherlands last week.M.V. Arklow…
Japanese shipbuilder Kawasaki Heavy Industries Ltd (KHI) has delivered the bulk carrier Amis Star, with a capacity of 61,000 DWT for Wisdom Marine Lines.Amis Star has overall length of 199.90 m, molded breadth 32.24 m and molded depth 18…
ABS has announced that it has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its innovative X-Reli LNG Boil Off Gas Expander – part of SHI’s Expansion Re-Liquefaction System.According to the statement from the South…
The global provider of shipping transportation services through its ownership of vessels, Performance Shipping has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Briolette (formerly Maersk Jamnagar)…
Navios Maritime Acquisition Corporation (NMAC), a Greece owner and operator of tanker vessels, announced the agreement to acquire five product tankers in liquidation of Navios Europe I Inc.On November 22, 2019, an agreement was reached to liquidate Navios Europe I…
Navios Maritime Partners (NMP) s agreed to acquire eleven vessels and liquidate Navios Europe I.As of September 30, 2019, Navios Partners had a receivable of $48.2 million from Navios Europe I. On November 22, 2019, an agreement was reached to liquidate Navios Europe I…
APM Terminals Barcelona revealed how the latest 5G wireless technology is enabling the use of V2X communication – where information is passed between vehicles and other entities that could affect it.During his presentation, entitled “5G in a container terminal: V2X applied to Cranes…
UK-based containership owner Global Ship Lease (GSL) has agreed to acquire two 2004-built, 6,080 TEU Post-Panamax containerships for an aggregate purchase price of $24.5 million and with charters in place to a leading liner operator for minimum 52 months to maximum 60 months…
The Port of Rotterdam Authority is starting a trial digital service providing application-based advice on public berths for inland shipping.As they are approaching the port, users of RiverGuide - the digital route planner for inland navigation…
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of the global port operator DP World, rang the market-opening bell at Nasdaq Dubai to mark the listings of two sukuks (Arabic name for financial certificates) and two conventional bonds worth $2…