Latest News - page 625


“K” Line, Taipower, U-Ming, and Kuang Ming Establish JV

Jul 01, 2019

Kawasaki Kisen Kaisha, Ltd. ('K” Line), Taiwan Power Company (Taipower), U-Ming Marine Transport Corporation (U-Ming), and Kuang Ming Shipping Corporation (Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understanding(MOU)in Taipei…

MSCI Advisory: Regional Conflict and Piracy

Jul 01, 2019

2019-007-Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and Indian Ocean-Violence Due to Regional Conflict and PiracyDescription:This revised advisory cancels U.S. Maritime Advisory 2018-0151. References: (a) U.S. Maritime Alerts 2018-001A…

HMM to Join THE Alliance

Jul 01, 2019

The South Korean container liner shipping company Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030…

Paris MoU Annual Report 2018 Published

Jul 01, 2019

“Consistent Compliance” : The Paris MoU has published its 2018 Annual Report on July 1, 2019, which can be found on the website. This report contains the details of the activities of the Paris MoU during 2018. In 2018 there were 24 Refusal of Access Orders (referred to as “bannings”) issued…

Valmet Scubbers for 10 COSCO Boxships

Jul 01, 2019

Valmet will supply exhaust gas cleaning systems (scrubber system) for ten container vessels of COSCO Shipping Lines Co., Ltd. The scrubber systems will be installed in existing vessels in China in 2019.The project is executed in co-operation with Health Lead Development Ltd…

Delivering parts, fuel, mail over 52 million square miles

Jul 01, 2019

In Port and at Sea: NAVSUP Fleet Logistics Center Yokosuka Supports Navy Ships and Crews. Understanding how that happens can benefit commercial stakeholders, as well.As the post-Cold War Navy once again faces near-peer competitors at sea, it…

First Battery Powered Cruise Ship Underway

Jul 01, 2019

Hurtigruten’s hybrid powered MS Roald Amundsen makes maritime history as the first cruise ship in the world to sail purely on battery power.The moment – when the brand new expedition cruise ship moved through the water silent and completely emission free…

ICS: Counting Down to IMO 2020

Jul 01, 2019

With six months to go until the implementation of the 'Global Sulphur Cap' the International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new UN International Maritime Organization (IMO) regulations. Taking full effect on January 1…

DP World buys Topaz Energy for $1 bln

Jul 01, 2019

Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the…

Okeanis Gets Funds for Scrubber Retrofit

Jun 30, 2019

The Piraeus-based shipping company Okeanis Eco Tankers Corp announced that it has secured commitment to a $11 million secured loan facility for its scrubber retrofit project from BNP Paribas.The tankers company, owned by the Alafouzos family…

6 Months' Countdown to Global Sulfur Cap

Jun 30, 2019

The International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new UN International Maritime Organization (IMO) regulations, with just six months to go until the implementation of the ‘Global Sulphur Cap’ICS…

FIT Speeds-up Flow of Cargo

Jun 30, 2019

Florida International Terminal (FIT) has successfully deployed the eModal Community Portal (eCP) PreGate appointment module to improve turn times and customer service.The port operator of a 41 acre marine terminal in the Southport area of Port…

Massport Board Appoints New CEO

Jun 30, 2019

The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite, for one of the most influential public-sector jobs in the state…

DP World Set to Acquire Topaz Energy

Jun 30, 2019

The world’s largest port operator DP World is in advanced discussions to acquire Topaz Energy & Marine, marking the Dubai-based company's first potential foray into the oil and gas industry.Britain’s Sky News, citing sources, earlier reported that a $1…

MOL Works on Environmental Agenda

Jun 28, 2019

Japanese shipping giant Mitsui O.S.K. Lines (MOL) formulated MOL Group Environmental Vision 2030 to present our cutting-edge initiatives for environmental preservation.'Shpping companies are responsible for undertaking the marine transportation…

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