Latest News - page 385

 

Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

Feb 02, 2021

The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help…

Baltic Index Falls to One-month Low

Feb 02, 2021

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session.The Baltic dry index, which tracks rates for capesize…

Greensteam Acquires Assets of Enerforce

Feb 02, 2021

GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to…

N.Ireland Suspends Some Port Checks Over Staff Safety Concerns

Feb 01, 2021

Northern Ireland temporarily suspended some post-Brexit checks at two ports on Monday after a local council withdrew staff over concerns for their safety and police said they planned to increase patrols at points of entry.Many pro-British unionists…

Callan Marine Wins Dredging Work at Port of Corpus Christi

Feb 01, 2021

Texas-based dredging contractor Callan Marine said it has been awarded the long-term contract for maintenance and new work dredging of the Port of Corpus Christi.The Port of Corpus Christi is the third most profitable port in the United States and is the second-largest exporter of crude oil…

Baltic Index Down at Near Four-week Low on Falling Rates

Feb 01, 2021

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early January, as rates weakened across vessel segments.The Baltic dry index, tracking rates for capesize…

Crew Change Hubs Could Help Address Seafarer Crisis, Says MAJ

Feb 01, 2021

A global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime Authority of Jamaica (MAJ).They could offer a short-term solution to the barriers presented by global travel restrictions…

Enström Named Head of Marine at Hempel

Feb 01, 2021

Alexander Enström joins Hempel to lead its new global marine organization, effective February 1, 2021.With a strategic ambition to double revenue by 2025, Hempel is keen to build on its position in the marine segment, adjusting its marine organization…

Bahri Reports 153% Jump in Annual Growth

Jan 31, 2021

Bahri announced financial results for the fourth quarter and full year ended December 31, 2020. The company reported an increase of 153 percent in annual net profit from $165m in 2019 to $426.5m in a year marred by the COVID-19 pandemic. Revenue rose by 28 percent to $2…

Coast Guard Foundation Elects Allegretti as Chairman

Jan 29, 2021

The Coast Guard Foundation said Thomas A. Allegretti has been elected to the position of Chairman of the Board, effective January 7, 2021. Allegretti first joined the Coast Guard Foundation board in 2006 and has served on the Executive Committee and the Audit Committee…

Austal USA Names Koblas VP of Human Resources

Jan 29, 2021

Shipbuilder Austal USA said it has promoted Sandra Koblas to vice president of human resources.Koblas joined Austal USA in 2007 and has served as the Mobile, Ala. shipyard's director of human resources for the past eight years, leading the company’s employee relations…

Maryland Dredging Project Benefits the Environment and Economy

Jan 29, 2021

The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) and the U.S. Army Corps of Engineers (USACE) are marking a milestone of environmental stewardship this month on the landmark restoration of Poplar Island near Talbot County…

SAAM Acquires 70% of Intertug

Jan 29, 2021

Port, logistics and towage services provider SAAM announced on Friday that it has finalized a $49.7 million deal to purchase 70% of post-capitalization shares of Intertug, enabling SAAm to begin towage operations in Colombia and expand its operations…

MAC Rebranded as Bureau Veritas Solutions Marine & Offshore

Jan 29, 2021

Testing, inspection and certification group Bureau Veritas (BV) announced Friday that its MAC (Maritime Assurance & Consulting) will officially become Bureau Veritas Solutions Marine & Offshore (BVS), the technical advisory, asset management…

Global Energy Group Gets Financial Boost for Port of Nigg Facility Expansion

Jan 29, 2021

Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility…

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