Latest News - page 594


Europe Hosts Green Inland Shipping Event

Oct 16, 2019

Green inland shipping event on 16 October 2019 showed the most innovative solutions in inland navigation at the CO2 neutral port of Brussels.Brussels Minister for climate transition, environment, energy and participative democracy, Alain Maron…

Antwerp Port Freight Volume Up

Oct 16, 2019

The total freight volume handled by Port of Antwerp rose from January through September 2019 by 1.1% compared with the same period last year. The container volume (in TEU) was up by as much as 6.4%.However the slowdown in the world economy reduced…

Kalmar Supplies Hybrid Shuttle Carriers to Virginia Port

Oct 16, 2019

Kalmar, part of Cargotec, has announced that it will supply 25 Kalmar Hybrid Shuttle Carriers to the Port of Virginia, a growing, deep water port on the U.S. East Coast.The $23 million (USD) order was booked in Cargotec's 2019 Q3 order intake…

Crystal Announces Near Term Deployment for Esprit

Oct 16, 2019

Crystal Yacht Cruises announced the 55-cruise roster of 2022 and early 2023 itineraries for Crystal Esprit.A number of new options punctuate the collection of regionally focused voyages, with dozens of seven- and eight-night options catering…

Oakland Port Container Volume Up 3.1% YTD

Oct 16, 2019

The Port of Oakland is a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its loaded container volume from January through September increased 3.1 percent compared to the same period in 2018…

Navios Maritime Repays $419Mln Loan

Oct 16, 2019

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, managed to repay a major loan amounting to USD 418.5 million by combining three types of refinancing.Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated…

Baltic Index at One-week Trough as Demand Sags

Oct 16, 2019

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Wednesday, on weaker demand for all vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…

Bibby Marine Appoints Samuels as CEO

Oct 16, 2019

Leading marine asset company Bibby Marine Ltd has appointed Helen Samuels as Chief Executive Officer to lead the company into its next phase of development.Helen Samuels will join the Group in January 2020 from Network Rail, where she currently…

MSC Cruises Returns to Thordon to Keep Seashore Clean

Oct 16, 2019

Thordon Bearings has received an order to supply a water-lubricated propeller shaft bearing solution to Fincantieri’s Monfalcone shipyard for installation to MSC Seashore, the third Seaside Class cruiseship to which Thordon’s COMPAC system has been specified…

US-flagged LNG Bunker Barge Launched

Oct 16, 2019

America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’…

BV Calls for Higher Ship Recycling Standards

Oct 16, 2019

Bureau Veritas Solutions Marine & Offshore is encouraging the shipping industry to embrace higher standards in ship recycling and offering its guidance to help meet the challenge of compliance. BVS, with a network of trained experts world-wide…

Tankers Switch from Clean to Dirty as Rates Surge

Oct 16, 2019

A recent surge in tanker rates due to U.S. sanctions on subsidiaries of Chinese shipping company Cosco is driving some shipowners to switch from carrying clean to dirty cargoes, according to oil analytics firm Vortexa.The Aframax tanker Elandra Sound…

Marlink, Intelsat Renew Connectivity Pact

Oct 16, 2019

Marlink and Intelsat have announced that the companies have agreed to a multi-year renewal and expansion of their partnership to provide broadband services to maritime vessels around the world. The multi-year agreement will deliver additional…

Yantai Port to Launch LNG Storage Plants

Oct 16, 2019

China's Yantai Port Group aims to launch two jointly-owned liquefied natural gas (LNG) storage facilities by 2022 and expects government approval for them this month, two sources familiar with the matter said.Shandong province, where the Yantai port is located…

BIMCO’s Sand to Offer Boxship Insight in Athens

Oct 16, 2019

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on November 27, 2019 in Athens, Greece.The European Shipping Seminar, hosted by S&P Global Platts…

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