Latest News - page 558


PTS to Manage Lake House Boxship Pair

Oct 27, 2019

Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1,300 TEU each and sail with an average crew of 15. The…

Exmar Reports Strong Earnings for VLCCs

Oct 27, 2019

Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019. The current trading fleet of Exmar in the VLGC segment is the 83…

OOCL Posts Higher Container Volumes

Oct 27, 2019

Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The COSCO-owned company said that the total volumes for the third quarter of 2019 (ended 30th September 2019) were 4…

Zeebrugge Port Deploy 5G Network

Oct 27, 2019

Port of Zeebrugge, Belgium, will have its own private 5G network this year, disclosed the container, bulk cargo, new vehicles and passenger ferry terminal port in the municipality of Bruges.The port’s management will collaborate with Citymesh…

PIRAEUS I Floating Dock Ready for Ops

Oct 25, 2019

Greece's Piraeus Port Authority (PPA) announced that the 'PIRAEUS I' floating dock is available again for ship repair works.'PIRAEUS I floating dock has been delivered for use and is operating again after scheduled maintenance works,' said an announcement from PPA…

Diana Shipping Appoints Semiramis Paliou

Oct 25, 2019

Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles…

Clean Marine, FMSI to Merge

Oct 25, 2019

Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning system (EGCS) segment.The combined entity, which will operate under the name Clean Marine…

Gulf Navigation Records 19% Revenue Growth

Oct 25, 2019

Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced a 19 per cent operating revenue growth by the end of Q3 of 2019, compared to the same period last year.The Dubai-based shipping company recorded…

Great Lakes Seaway Shipping Highlights Economic Impact

Oct 25, 2019

The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…

Massachusetts Maritime Academy Opens Wind Training Facility

Oct 25, 2019

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind…

BDO: Shipping Must Improve Risk Management

Oct 25, 2019

Sound enterprise and business risk management are making an improved contribution to commercial success in the shipping sector, according to the latest annual Shipping Risk Survey by leading shipping adviser and accountant BDO. But the industry…

A.P. Moller-Maersk Center of Excellence in Tamil Nadu

Oct 25, 2019

Maersk, a global integrator of container logistics, has laid the foundation stone of its planned ‘A.P. Moller – Maersk Center of Excellence’ facility at Thenpattinam (Tamil Nadu), to support skill development and training needs for Maersk cadets across job functions (deck…

JAXPORT Sets Cargo Records

Oct 25, 2019

Florida’s largest container port achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending September 30, 2019.The Jacksonville Port Authority (JAXPORT) moved more than 1.338 million twenty-foot equivalent units (or TEUs…

Iraq's Umm Qasr Ready for Bigger Ships

Oct 25, 2019

Philippines-based International Terminal Container Services Inc. (ICTSI) formally inaugurated two new berths in the port of Umm Qasr, Iraq’s main dry cargo port.The inauguration marked both the opening for business of the two new berths 25 and 26 with a depth of 14 meters…

Viking Line Intros Climate-Smart Ship

Oct 25, 2019

Finland's Viking Line says that its newbuild cruise ferry, the 63,000 gt M/S Viking Glory, will be one of the most climate-smart passenger ships in the world.According to the shipping company that operates a fleet of ferries and cruise-ferries between Finland…

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