Latest News - page 418

 

Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG

Jan 06, 2021

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm…

SOCP Releases Ballast Water Management Systems User Guide

Jan 06, 2021

BWMS User Guide lays out path to compliance over lifetime of installationThe Ship Operations Cooperative Program (SOCP) has released the Ballast Water Management Systems (BWMS) User Guide. Developed by Glosten in cooperation with the SOCP Members…

Maersk Says European Lockdowns Have Not Dented Demand for Shipping

Jan 06, 2021

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.A surge…

2020 Volatility Lifts Freight Derivative Volumes

Jan 06, 2021

The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic Exchange.Tanker Forward Freight Agreement (FFA) volumes were up 31% on the previous year, reaching 603…

Schulte Group Acquires Rescompany

Jan 06, 2021

Schulte Group invests in digital technology for the cruise sector by acquiring software provider Rescompany. Rescompany Systems Ltd. (Resco) is a provider of advanced hospitality software solutions to the cruise industry, and with its integrated ship to shore software systems…

Libya's Hariga Oil Port Loading Blocked by Sit-in Guards

Jan 06, 2021

Petroleum facilities guards at Libya's eastern Hariga oil terminal have delayed the loading of a one million-barrel cargo as they press salary demands, the port's manager said on Wednesday.The guards at Hariga, where Mesla and Sarir grades are loaded…

Rising Capesize, Panamax Rates Buoy Baltic index

Jan 05, 2021

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its highest level since mid-October last year as rates for capesize and panamax vessels extended gains.The Baltic dry index…

US Hits Iran With Fresh Sanctions

Jan 05, 2021

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U…

Sævik Named Managing Director of New Havyard Ship Technology

Jan 05, 2021

Karsten Sævik has been named managing director of the New Havyard Ship Technology AS (NHST) shipyard in Leirvik, Norway, replacing outgoing managing director, Erlend Hatleberg, who has chosen to seek new opportunities outside the Havyard Group…

Kongsberg Sim-based eLearning Solutions for MAAP

Jan 05, 2021

Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines…

Kingdon Tapped to Rep Isle of Man Ship Registry in China

Jan 05, 2021

The Isle of Man Ship Registry (IOMSR) has appointed Jonathan Kingdon as its first permanent representative in China.A well-known naval architect, experienced newbuilding project manager and Mandarin speaker, Kingdon has taken up the post from…

Bay Diesel Announces Leadership Change

Jan 04, 2021

For the first time since its inception in 1982, Bay Diesel has a new president. As voted by their Board of Directors in October 2020, the Senior VP of Sales Willard “Rob” Robins has taken on the role of President, with Scott Wheeler, founder and current president…

Evergreen Takes Delivery of Two 12,000 TEU Ships

Jan 04, 2021

Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan…

Suez Canal Annual Revenues Fell 3% in 2020

Jan 04, 2021

Egypt’s revenues from the Suez Canal in 2020 declined 3% to $5.61 billion compared to 2019, the canal authority said in a statement on Sunday.Transit fees for all types of ships would remain unchanged in 2021 and would include reductions and incentives offered in 2020…

GAC Opens Hamburg Office

Jan 04, 2021

The GAC Group said Monday it has opened a new office just north of Hamburg to provide support for some of the 14,000+ vessels that call at German ports every year.Headed by Thies Holm, GAC Germany will offer ship agency, husbandry, bunker fuels…

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