Latest News - page 425

 

BV Appoints Gregg-Smith as China Chief Executive

Jul 08, 2020

Testing, inspection and certification (TIC) services company Bureau Veritas (BV) announced Alex Gregg-Smith has joined the BV group as Marine & Offshore Country Chief Executive, China.Reporting to Claude Maillot, Senior Vice President North Asia Zone…

CMA CGM Halts Timber Exports from Gambia Over Rosewood Risk

Jul 08, 2020

Shipping group CMA CGM said on Wednesday it was suspending timber exports from Gambia due to suspected trafficking of rosewood in the West African country.Demand for furniture in China has led to widespread felling of rosewood in West Africa in recent years…

Baltic Index Snaps 4-week Winning Streak

Jul 08, 2020

The Baltic Exchange's main sea freight index inched down on Tuesday, snapping a 27-session winning streak, as capesize vessel rates fell for the second straight session and offset gains in panamax and supramax segments.The Baltic dry index,…

MN100 Deadline Extended to July 10

Jul 07, 2020

The deadline to apply for inclusion in Marine News magazine's annual MN100 awards edition has been extended to July 10.Each year, the publication's August issue profiles 100 of the top firms in the shallow-draft, brown water, workboat space…

Stolt Tankers Expands Partnership with Marlink

Jul 07, 2020

Maritime connectivity and IT solutions provider Marlink said it has signed a new service agreement with Stolt Tankers, extending a partnership between the two companies that began in 2011.Under the new agreement, Marlink will provide Stolt Tankers’…

Sailors’ Society Names Baade as CEO

Jul 07, 2020

Global maritime charity Sailors’ Society announced Sara Baade has been appointed as its new chief executive officer, starting in September 2020.Baade has a strong background in management and strategic policy and brings extensive experience…

Ardmore Rejects Hafnia's Takeover Bid

Jul 07, 2020

Ireland-based tanker shipping company Ardmore Shipping Corporation confirmed Tuesday that it received and turned down an unsolicited acquisition proposal last month from larger competitor Hafnia Limited.BW Group's Hafnia said it sent a letter…

Shipping Emissions to Be Included in EU Carbon Market

Jul 07, 2020

European lawmakers agreed on Tuesday to include international carbon emissions from the maritime sector in the EU carbon market, targeting an industry that does not yet pay for its pollution.They also called for binding targets for shipping…

Optimarin Completes IMO G8 and USCG Test Program

Jul 07, 2020

Norwegian-based ballast water treatment (BWT) systems manufacturer Optimarin informs it has completed testing of its Optimarin Ballast System (OBS) in accordance with the revised IMO G8 guidelines, while also upgrading its existing U.S. Coast…

Klaveness Lines Up Sustainability-linked Newbuild Financing

Jul 06, 2020

Norwegian shipping company Klaveness Combination Carriers (KCC) said it has secured a $60 million sustainability-linked term loan and revolving credit facility for the financing of the seventh and eighth CLEANBU vessels with delivery in 2021…

New Bill Aims to Secure Grant Funding for Maritime Training

Jul 06, 2020

A new bill introduced in the U.S. aims to make available $200 million in grant funding for community and technical colleges offering training programs for maritime industry professions. The legislation H.R. 7456 was introduced by Congresswoman Sylvia R…

US Approves LNG Exports from Oregon

Jul 06, 2020

The U.S. Energy Department on Monday approved the export of up to 1 billion cubic feet per day of liquefied natural gas from a proposed terminal in Oregon, a move it said would ease U.S. sales of the fuel to Asian markets.The approval advances…

Dubai Launches Agency to Regulate Dhow Sector

Jul 06, 2020

The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with Dubai Maritime City Authority (DMCA), have launched the Marine Agency to oversee wooden dhow ships and regulate all their activities while they’re in Dubai waters. The…

SwiftBulk Opts for Fuel Monitoring Solution on Kamsarmax Thestelia K

Jul 06, 2020

Shipping company SwiftBulk Holding Co. Ltd, a subsidiary of Tiptree Inc., has partnered with FUELTRAX to install EFMS (Electronic Fuel Monitoring System) and FUELTRAX Vision on its 2009-built Kamsarmax dry bulk carrier vessel the Thestelia K (82…

Partners Launch LNG Training in Singapore

Jul 06, 2020

GTT Training said Monday it has reached a training partnership agreement with Wavelink Maritime Institute (WMI) to facilitate the delivery of GTT Training’s liquefied natural gas (LNG) industry related courses at WMI’s training facility in Jurong…

Current News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Subscribe for Maritime Logistics Professional E‑News