Latest News - page 225

 

DNV Acquires Nixu

Jun 20, 2023

DNV will acquire Helsinki-headquartered cyber security services firm Nixu following a public tender offer which resulted in DNV taking ownership of more than 93% of Nixu’s shares. DNV will combine its cyber security businesses with Nixu following…

Van Oord Consortium Awarded Contract for Tug Quay in Rotterdam

Jun 19, 2023

The Van Oord – Hakkers - De Klerk consortium will commence construction of a tug quay in the Port of Rotterdam's Yangtze Canal later this year.The consortium and the Port of Rotterdam Authority signed have signed contracts for the work which…

Dredging: Keeping the Mississippi Open

Jun 19, 2023

“Not only does the top of the river move, but the bottom of the river also moves.” - James Bodron, U.S. Army Corps of Engineers, Mississippi Valley Division, Regional Business Director.Dredging was the Herculean act that allowed much of the U…

Newport Shipping, NSB Group Tout Ship Widening Collaboration

Jun 19, 2023

Newport Shipping and NSB Group announced a plan to work together to develop their ship widening proposition for its customers. The NSB Group design will increase container capacity by up to 30% by implementing its unique widening concept, according…

IEC Telecom Debuts Starlink-Powered LEO-based Solution

Jun 19, 2023

IEC Telecom will showcase the benefits of LEO connectivity to the Philippine maritime sector when it takes part in this week’s PhilMarine, an exhibition which gathers key national stakeholders and international specialists.IEC Telecom will showcase…

ECDIS is Not a Replacement for Terrestrial Navigation

Jun 19, 2023

I guess it was only a matter of time. After years of debating whether or not Celestial Navigation should be taught it is now time to debate the relevance of Terrestrial Navigation. The argument is same: why do I need to know this if there is technology available to do it for me…

Cosco Finalizes Hamburg Port Investment

Jun 19, 2023

HHLA and Chinese shipping firm Cosco finalized an agreement allowing the Chinese shipping firm to take a 24.99% stake in one of HHLA's three terminals in the Hamburg port, the German logistics firm said on Monday.HHLA said in a statement that…

China Banks "Massive Volume" of Crude in May

Jun 19, 2023

China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery processing.A total of 1.77 million barrels per day (bpd) was added to inventories in May, the most since July 2020 and reversing the small…

Majority of Western Australians Want Live Sheep Export Banned

Jun 19, 2023

Independent polling commissioned by the RSPCA in May 2023 found 71% of Western Australians support the Federal Government’s policy to phase out live sheep export by sea.This includes 72% of people in metropolitan areas, and 69% in rural and regional Western Australia…

ONE to Instal Telematic Devices on Reefer Fleet

Jun 19, 2023

Ocean Network Express (ONE) plans to install telematic devices on its reefer box fleet to provide customers with more comprehensive visibility of their cargo.The telematic devices will provide ONE with active monitoring data about temperature…

Gas Trade Driven by Demand from EU and Latin America

Jun 18, 2023

The Gas Exporting Countries Forum (GECF) has released its June GECF Monthly Gas Market Report highlighting that growth for May was primarily driven by robust LNG demand in Europe and Latin America and the Caribbean, which offset weaker imports in the Asia Pacific and MENA regions…

Feng Joins Birns as Financial Controller

Jun 15, 2023

BIRNS announced that Steve Feng has joined the company as Financial Controller, where he will lead the Accounting team and oversee the firm’s finances and operational accounting, and as part of the corporate management and leadership team will…

Tentative US West Coast Port Contract Deal Reached

Jun 15, 2023

The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries.The deal was reached with assistance from Acting U…

Wärtsilä to Extend Regasification Capacity for Croatian LNG Terminal

Jun 15, 2023

Technology group Wärtsilä has been contracted to extend the capacity of the regasification system installed onboard the LNG Croatia with a new regasification module. The 280-meter-long floating storage and regasification unit (FSRU) vessel is owned by Zagreb-based LNG Hrvatska…

How Port Operators Are Delivering End-to-end Offerings that Enhance Global Supply Chains

Jun 15, 2023

The COVID-19 pandemic put a spotlight on the importance of global supply chains. Many Canadians, most of whom had never thought about the details of how a shipment made its way from origin to destination suddenly found themselves acutely aware of how critical efficient…

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