Latest News - page 416

 

Ecochlor Expands Service Support Network in Singapore

Aug 12, 2020

U.S.-based ballast water management system (BWMS) manufacturer Ecochlor announced it has opened a service support center in the world's top shipping hub. Michael Madely, VP of Global Service at Ecochlor, said the new Singapore location is the…

Socha Joins Conrad Shipyard’s Senior Management Team

Aug 12, 2020

Conrad Shipyard announced it has hired Robert A. Socha to lead the company’s sales and marketing efforts as vice president of sales and marketing. He will work collaboratively with other Conrad business groups, including business development…

Japanese Partners Eye Ammonia as Marine Fuel

Aug 12, 2020

A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line…

Nigeria Convicts First Pirates Under New Maritime Law

Aug 12, 2020

A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks in the Gulf of Guinea.The three men fined by the court in Port Harcourt, Nigeria's oil hub…

Insurgents Seize Port Near Total's Mozambique LNG Project

Aug 12, 2020

Islamist insurgents have captured a heavily-defended port in the far northern Mozambique town of Mocimboa da Praia, close to the site of natural gas projects worth some $60 billion, local media reported on Wednesday.It was one of several attacks…

Xihe Group, V. Group Ink Deal for Tanker Ship Management

Aug 12, 2020

Tanker ship owner Xihe Group of Companies appointed V.Group as the technical manager for 16 of its modern tankers.“This strategic partnership kickstarts Xihe’s engage-ment of independent, world-class professional companies to provide technical and commercial management for our vessels…

Philly Shipyard CFO Brian Leathers Passes Suddenly

Aug 11, 2020

Philly Shipyard announced the unexpected death of its chief financial officer, Brian Leathers, age 60. “It is with great sadness that we share the news of Brian’s passing, and our entire organization mourns his death. Brian was a well-respected colleague and friend to many…

Mahoney Named President and CEO of Westwood Shipping Lines

Aug 11, 2020

Longtime Maersk executive Jack Mahoney has been named president and CEO of Westwood Shipping Lines, Inc., a Puyallup, Wash. based independent conbulk liner carrier in the north Transpacific trade. He succeeds Guy Stephenson who is retiring after 13 years in the role…

Beirut Container Terminal Resumes Operations

Aug 11, 2020

Container lines have resumed calls to Beirut after last week's explosion, with the terminal having sustained only minor damage, leading companies said on Tuesday.The August 4 blast in Beirut's port, which killed more than 160 people and injured 6…

Who Owned the Chemicals that Blew up Beirut? No One Will Say

Aug 11, 2020

In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital…

Brokers Calculate Marine Insurance Losses from Beirut Blast

Aug 10, 2020

Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday.Overall insured losses…

IMO Updates Virtual Meetings Calendar

Aug 10, 2020

The International Maritime Organization (IMO) has published its remote meetings calendar for the rest of 2020 after its initial agenda of IMO Council and Committees sessions was scrapped due to the coronavirus pandemic.The first scheduled meeting is set to be a simultaneous…

PDVSA Changes Oil Deals to Include Shipping as Sanctions Bite

Aug 10, 2020

Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions, according to company documents seen by Reuters…

Svitzer Announces Leadership Changes

Aug 10, 2020

Towage operator Svitzer announced Monday that effective September 1, 2020, Lise Demant will leave her role as global chief commercial officer and take up the position of managing director for Svitzer’s Europe region, succeeding Kasper Friis Nilaus…

Libya's NOC Warns of Dangers at Oil Ports

Aug 10, 2020

The chairman of Libya's National Oil Corp (NOC) on Saturday warned against the risk of a disaster at the country's oil ports due to a growing military presence with storage tanks held at capacity for months due to a blockade.'Oil ports are closed…

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