Latest News - page 457

 

Viking Continues Operations on Main Freight Lines

Mar 23, 2020

Finnish cruise ferry operator Viking Line announced Monday it will continue service on its 'most important' routes despite concerns about the coronavirus outbreak.'Taking the security of supply for Finland and Åland as well as the cargo transport demands into consideration…

Wärtsilä Simulation Technology for SAMK

Mar 23, 2020

The technology group Wärtsilä has delivered a navigation simulator and specific mathematical models to the Satakunta University of Applied Sciences (SAMK) in the city of Rauma, Finland. These will be used as an essential enabler in the Intelligent…

Barcelona Turns Shipping Containers Into Affordable Homes

Mar 23, 2020

Down a cobblestone street a few meters from Las Ramblas boulevard, a vivid, contemporary-style building sits incongruously among the ancient churches and medieval squares that typify Barcelona’s old quarter.The minimalist structure is home to…

Wallenius Wilhelmsen Withdraws Dividend, Mothballs Vessels

Mar 23, 2020

Shipping firm Wallenius Wilhelmsen, which transports cars and other vehicles from factories to markets, has cut its dividend to zero and will mothball up to 10 vessels as demand plunged amid the coronavirus outbreak, it said on Monday.The company also plans to scrap up to four older vessels…

Dock Workers at Brazil's Santos Port Call off Strike Vote

Mar 23, 2020

A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday…

Damen Names Van Heyningen COO

Mar 23, 2020

As of April 1, Marc van Heyningen will become the new Chief Operations Officer (COO) of Damen Shipyards Group. This completes the Executive Board of the leading Dutch maritime solutions provider.Marc is a MSc in Civil Structural Engineering…

No April Fool; Brexit Ready

Mar 23, 2020

Charles Hammond, chief executive of Forth Ports, owner of the Port of Tilbury, writes about a new British port coming to market.Coronavirus has slowed down world trade and interfered with the EU-UK trade talks, and the ripples continue to be felt through the world economy…

Svitzer Gets 10-Year Contract Extension with Sakhalin Energy Investment

Mar 23, 2020

Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas…

Ocean Infinity’s Hunt for the Submarine San Juan

Mar 22, 2020

The search for the Argentinian submarine was like hunting for the proverbial needle in a hay stack, except that it was a piece of straw. Elaine Maslin reports. At 7.19am, local time, on November 15, 2017, the last message was received from the San Juan submarine…

IMF: Global Impact of COVID-19 will be Severe, but Temporary

Mar 21, 2020

As many markets struggle to find their footing in the face of the global COVID-19 pandemic, a recent podcast with Martin Muhleisen, director of the IMF's Strategy, Policy, and Review department, helps to lend insight and perspective from the view of the International Monetary Fund…

Saipem Inks Deal with Equinor on Floating Solar Farm Tech

Mar 20, 2020

Italy's Saipem has reached an agreement with Norway's Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.The agreement is between Saipem's high-value services unit Moss Maritime and the Norwegian energy firm…

International Maritime Hall of Fame Dinner Rescheduled

Mar 20, 2020

Taking into consideration concern about quarantine requirements surrounding the global coronavirus pandemic, the Maritime Association of New York and New Jersey has rescheduled its 27th Annual International Maritime Hall of Fame Dinner. The new date is Thursday…

Business Continues at Port of Cork

Mar 20, 2020

Freight operations at the Port of Cork continue to operate smoothly and its arrivals schedule remains unaffected amid the coronavirus pandemic, Ireland’s second largest port confirmed on Friday.In addition to the Port of Cork’s existing robust hygiene standards…

Baltic Index Posts First Loss in 6 Weeks

Mar 20, 2020

The Baltic Exchange's main sea freight index fell on Friday, posting its first weekly fall in six weeks, weighed by lower panamax and supramax vessel rates.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities…

UAE Bans Ship Over Fuel Breach

Mar 20, 2020

The world's number two container line MSC is in talks with the United Arab Emirates after the Gulf country banned one of their vessels from entering its waters over what authorities said was a breach of tough new sulphur emissions rules for ships…

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