Latest News - page 583


American P&I Club adds to London, Hong Kong Staff

Aug 28, 2019

One appointment in the London office and two in Hong Kong.In a circular to Members of the American P&I Club, its Managers, Shipowners Claims Bureau, Inc. (SCB), have today announced that Arsinoi Iliokaftou has been appointed Claims Executive in London…

Baltic Index Soars to 5-1/2 Year High

Aug 28, 2019

The Baltic Exchange's main sea freight index rose to its highest since December 2013 on Wednesday, pushed by strong demand across all vessel categories, with the panamax index hitting an eight-year high.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Tanker Owner, Operator & Officers Guilty in ECA Crimes

Aug 28, 2019

The owner and operator will pay a total criminal fine of $3,000,000.00.U.S. Attorney Gretchen Shappert for the District of the Virgin Islands announced that IONIAN SHIPPING & TRADING CORP., LILY SHIPPING LTD., STAMATIOS ALEKIDIS, ATHANASIOS…

Dutra Launches Hydraulic Dump Scow

Aug 28, 2019

On August 20, 2019, Dutra’s new Jones Act built Hydraulic Dump Scow ES15 was successfully launched, christened, commissioned and will finish sea trials and additional testing this week.  Next week the ES15 will head to Massachusetts to to work on the Boston Harbor Deepening Project…

New ‘Eyes’ on the Prize

Aug 28, 2019

Tappan Zee Constructors ‘See’ Below Hudson River with Trimble Marine Construction Systems and Teledyne Marine Imaging.Since 1955, the Tappan Zee Bridge has been a critical thoroughfare for New Yorkers commuting between Rockland and Westchester Counties…

ICTSI in Talks with Honduran Govt

Aug 28, 2019

The global port management company, International Container Terminal Services, Inc. (ICTSI) said that its Honduran unit  Operadora Portuaria Centroamericana (OPC) is in talks with the government of Honduras to improve the facilities at Puerto Cortes…

Rotterdam to Become Offshore Wind Port

Aug 28, 2019

The Port of Rotterdam Authority has made a strong commitment to the energy transition and aims to establish Rotterdam as Europe’s leading port in offshore wind and the offshore sector in general.The Port has reached an agreement with Sif Holding…

Thyssenkrupp Wins 3D Printing Approval

Aug 27, 2019

The international accredited registrar and classification society DNV GL has awarded thyssenkrupp, German multinational conglomerate, first additive manufacturing  approval of manufacturer certificateThe shipping industry is looking to take advantage of additive manufacturing (AM)…

APM Terminals Pipavav Boosts Efficiency

Aug 27, 2019

The implementation of a range of simple measures to streamline shift changes at APM Terminals Pipavav has reduced vessel idle times, added capacity and reduced impact on crane moves per hour due to shift change by around 16%.At the same time…

Port of Tauranga Posts Record $100mln Profit

Aug 27, 2019

The Port of Tauranga,  the largest port in New Zealand, reported profit after tax of more than $100 million for the first time.Group net profit was 6.7 per cent up on the previous year at $100.6 million, fulfilling previous earnings guidance…

Pacific Green: Carmichael Retires, Poulter Appointed

Aug 27, 2019

Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, announced that Dr. Neil Carmichael retired s Chief Executive effective August 22, 2019, taking on the role of non-executive Director…

LNG Carriers to 'Sail on Air'

Aug 27, 2019

Silverstream Technologies, an air lubrication manufacturer for the shipping industry, signed a Memorandum of Understanding (MoU) with Hudong-Zhonghua, part of the CSSC Group, which will see the Silverstream System integrated into Hudong-Zhonghua’s…

BIMCO: US Crude Exports Soar in June 2019

Aug 27, 2019

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…

Coast Guard sets Port Condition X-RAY Ahead of Tropical Storm Dorian

Aug 27, 2019

The Coast Guard Captain of the Port San Juan set Port Condition X-RAY at 2 a.m. Monday for Puerto Rico and the U.S. Virgins Islands due to the possibility of sustained gale force winds greater than 39 mph from Tropical Storm Dorian that may arrive to the area within 48 hours…

Trust and Independence:

Aug 27, 2019

Key metrics for a consolidating market of Multi-Purpose Vessels.The multipurpose sector has experienced a tough first half of 2019, following a trend of difficult market conditions spanning over a decade. Fallout from ongoing global political…

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