Latest News - page 383

 

Navico Hires Norton as Chief Sustainability Officer

Feb 10, 2021

Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, said it has hired Tara Norton as its first-ever Chief Sustainability Officer, as the company has made sustainability one of its core strategic pillars globally across its brands…

Maersk Boosted by Trade Recovery, But Misses Forecasts

Feb 10, 2021

A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for Danish freight giant Maersk, the company said on Wednesday.Yet shares in the world’s largest…

Port of Nigg Selected to Support Seagreen Offshore Wind Farm

Feb 10, 2021

SSE Renewables and Total have announced that Global Energy Group's Port of Nigg near Inverness has been selected as turbine foundation marshaling port for their giant Seagreen offshore wind farm.The marshaling contract will support 141 skilled jobs at Global Energy Group’s Port of Nigg…

Cyprus Shipping Deputy Ministry Proposes Seafarer Vaccination Program

Feb 09, 2021

A global approach to delivering COVID-19 vaccinations to seafarers proposed by Cyprus' Shipping Deputy Ministry (SDM) aims to help alleviate the global crew change crisis.Over the past year, the need to class seafarers as key workers has received widespread support…

Port Houston Offering $300,000 in Community Grants

Feb 09, 2021

Port Houston will invest $300,000 in projects and programs to enhance local communities.Building on the successes achieved after the inaugural launch of the program last year, the Community Grants Program for 2021 is scheduled to open February 16…

RightShip Unveils New Safety Score

Feb 09, 2021

Maritime risk management and environmental assessment organization RightShip announced its new Safety Score and Platform has gone live, aiming to provide a clear and transparent pathway to improved safety standards for shipping.RightShip said…

Hapag-Lloyd Secures 'Green Financing' for LNG-powered Newbuilds

Feb 09, 2021

German shipping company Hapag-Lloyd has joined the shift to green financing, securing funds for six liquefied natural gas (LNG) powered, 23,500 TEU containerships it ordered in December 2020.The firm said it concluded two transactions according…

BIMCO Shipping Number of the Week: U.S. Soya Bean Exports via Containerships

Feb 09, 2021

In the first four months of the 2020/2021 U.S. marketing year for soya beans (which started on 1 September), 2.5m tonnes of soya beans were exported in containers, accounting for 6.3% of total exports, while 37.1m tonnes departed the U.S. in dry bulk ships…

Total Joins Maersk-led Shipping Decarbonization Project

Feb 05, 2021

French oil major Total said it will contribute to a project led by shipping giant Maersk aiming to develop new alternative fuels and carbon neutral solutions for ships.The nonprofit Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping was…

VIDEO: Profiles in Training - Mike Corrigan, CEO, INTERFERRY

Feb 05, 2021

Mike Corrigan, the ubiquitous leader of Interferry, has a broad base of energy and maritime industry experience, including his stint as CEO of BC Ferries. Corrigan shares with Maritime Reporter & Engineering News his thoughts on a broad range of issues facing the ferry industry: COVID-19…

Konecranes Wins Chinese Order for Two Barge Cranes

Feb 05, 2021

In the first quarter of 2021, Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. ordered two eco-efficient Konecranes Gottwald Model 8 Cranes on Barge. The cranes will be operated by Cosco Shipping Bulk Co. Ltd. (Cosco Bulk) off the coast of Guinea…

Baltic Index Down for Second Week

Feb 05, 2021

The Baltic Exchange's main sea freight index fell for a second straight week, despite recovering slightly on Friday, as rates for the larger capesize vessel segment weakened.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

Australia's Exporters Weather China Squall, Find New Harbors

Feb 04, 2021

Australia’s trade surplus rose to a six-month high in December as iron ore exports to China easily weathered diplomatic squalls between the two countries, while coal shipments found new buyers beyond the world’s second-largest economy.China’s…

North P&I Club Names Arklow Shipping's Tyrrell as Chair

Feb 04, 2021

North P&I Club has elected James Alexander Tyrrell as its new chair of the board, succeeding Pratap Shirke, in a change at the helm of the global marine insurer that also sees Ioanna Procopiou become the Club’s first female vice-chair.Tyrrell…

India Lines Up Port for Rice, Exports to Surge Amid Global Shortage

Feb 04, 2021

India’s southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order seen by Reuters, which could raise shipments this year by a fifth…

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