Paramount Group appointed Lee Connolly as CEO of Paramount Maritime Holdings, its naval and maritime shipbuilding subsidiary, based in Cape Town, Africa. Connolly held the position of CEO of Paramount Advanced Technologies, a Paramount Group company…
Incat Crowther inked a deal to design an Incat Crowther 32 hybrid-electric ferry for Fullers360 of Auckland, New Zealand. To be built by Q-West, the ferry will be the designer’s sixth from the builder and will join 10 other Incat Crowther ferries in the Fullers360 fleet…
Xeneta Shipping Index by Compass (XSI-C), EU Benchmark Regulation (EU BMR) compliant is ready for index-based contracting and derivatives Xeneta and Compass Financial Technologies announced the launch of the Xeneta Shipping Index by Compass…
BIMCO has appointed Niels Rasmussen as its Chief Shipping Analyst who will take up his new role on January 3,2022.Most recently Rasmussen was Global Head of Research at Maersk Broker, a role he held for six years focusing on the main shipping segments…
The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route…
The organizers of Nor-Shipping said the maritime trade show will be held in January as scheduled despite new coronavirus restrictions enacted in Norway.New, temporary national restrictions have reintroduced one meter distancing guidelines and face masks…
The U.S. Coast Guard on Tuesday issued a statement expressing its commitment to crack down on sexual assault offenders in the maritime industry.The statement comes as the Coast Guard, U.S. Department of Transportation's Maritime Administration…
France's CMA CGM said it had agreed to buy most of Ingram Micro's Commerce & Lifecycle Services (CLS) activities in a deal valued at $3 billion, adding this was aimed at accelerating the shipping group's push into end-to-end logistics.CMA CGM…
The Norwegian company Havnekraft has awarded Zinus a contract to develop and deliver a new and flexible shore power solution for cruise ships calling at Haugesund Cruise Port. Several international ports are also showing great interest in the solution…
After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like…
Maersk Training has named David Skov as its new CEO as the firm looks to expand its presence in the worldwide offshore energy and maritime markets.Skov was previously Regional Head of Terminals, Africa & Middle East at APM Terminals, part of A…
As the maritime industry collectively struggles to chart the course toward decarbonization, Crowley today committed to net-zero greenhouse gas emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit global warming to 1…
Maine Maritime Academy’s Board of Trustees announced that Jerald S. “Jerry” Paul has been named as the college’s 15th President. Paul, current President of Capitol Access and a 1989 graduate of the institution, will take office this spring.Paul will succeed President William J…
A new $1.2 trillion law to improve America’s infrastructure creates an unprecedented opportunity for propane and other low-emission fuels to power on-road and off-road fleets that have historically operated on diesel and gasoline.The Infrastructure…
Stena Line plans to enter the Finnish market with a new daily route from Hanko in Finland to Swedish Nynäshamn, a step in the carrier's ambition to strengthen its position in the Baltic Sea. Starting with one ferry in February, the new route…