Latest News - page 482

 

Anatomy of a Marine Casualty Investigation

Jan 31, 2020

Blank Rome’s maritime attorneys have represented clients in some of the largest maritime casualties in the last 20 years, including the Staten Island Ferry allision with a maintenance pier in New York, the blow out and eventual loss of the Deepwater Horizon drilling rig in the Gulf of Mexico…

IMO2020: Low Sulfur Fuel Potential Pitfalls

Jan 31, 2020

(This is excerpted from Maritime Reporter & Engineering News' January 2020 'The Path to Zero' column.)Are the world’s ships’ engines ready for IMO compliant very low sulfur fuel?  That’s a wide open question as ship owners step to the end of the preparatory gang-plank on January 1…

Partners to Expand Pakistan LNG Inport Terminal

Jan 31, 2020

Excelerate Energy announced it has agreed with partner Engro Elengy Terminal Ltd. (EETL) to expand the EETL liquefied natural gas (LNG) import terminal in Port Qasim, Pakistan.Under the heads of agreement (HOA), Excelerate will exchange its…

JFLCO Acquires Global Marine Group

Jan 31, 2020

British-headquartered specialist provider of submarine cables Global Marine Group (GMG) has been acquired by an investment affiliate of private equity firm J.F. Lehman & Company (JFLCO) for around $250 million.With a legacy dating to 1850, GMG…

Bahri Posts 172% Surge in Q4 Net Profit

Jan 31, 2020

The National Shipping Company of Saudi Arabia (Bahri) has reported strong financial results for the quarter and the full year ended December 31, 2019, underpinned by an increase in returns of several business units.The transportation and logistics…

Zenith Norway Established for Offshore Ops

Jan 31, 2020

Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country.  Zenith said it intends to use Zenith Norway as a vehicle…

Ørsted Eyes Carbon-Neutrality by 2025

Jan 31, 2020

The global leader in offshore wind Ørsted A/S  will become carbon neutral by 2025. 'This will make Ørsted the first major energy company to reach net-zero emissions in its energy generation - far ahead of science-based decarbonization targets for limiting global warming to 1…

EGS Connects Dutch Deepsea Terminals

Jan 31, 2020

The intermodal service provider European Gateway Services (EGS) offers network of connections between all deepsea terminals Maasvlakte Rotterdam with Nuremberg in Netharlands.The Rotterdam - Nuremberg rail shuttle is now already calling at all the deepsea terminals at the Maasvlakte (1 and 2)…

Polar Research Ship Commissions Lifeboats

Jan 31, 2020

UK’s new polar research ship being built at Cammell Laird in Birkenhead RRS Sir David Attenborough has achieved another important milestone with the commissioning and testing of the ship’s lifeboats and lifeboat davits.The lifeboats, each capable of carrying 90 people…

Navibulgar Orders Four Bulkers

Jan 30, 2020

Bulgarian shipping company Navigation Maritime Bulgare (Navibulgar) ordered a new series of four 31800 ton bulk carriers in the Chinese Shipyard Jiangsu New Yangzi Shipbuilding Co.The century-old, largest ship-owning company in the country said…

Christian Honored by Propeller Club

Jan 30, 2020

The Propeller Club of the U.S. Port of New Orleans honored Brandy D. Christian as their 2019 Maritime Person of the Year at its 86th Annual Maritime Person of the Year Gala on Wednesday, Jan. 29, at the Metairie Country Club.Read Maritime Logistics…

Port Houston Tops Container Record

Jan 30, 2020

Container activity at Port Houston surged in 2019, logging an 11% increase to better the port's previous record. This marks the 18th consecutive year of container growth at the U.S. Gulf Coast's largest container port.Among the nation’s top 10 container ports…

Liebherr's Largest Port Handling Machine Delivered

Jan 30, 2020

Liebherr has produced and delivered its largest port handling machine, for DaFeng Port in the Chinese province of Jiangsu. The LH 150 ET Gantry Port Litronic is the largest, electrically-operated Liebherr port handling machine with gantry undercarriage…

EIB Fund Greek LNG Bunkering Vessel Construction

Jan 29, 2020

European Investment Bank (EIB) and Public Gas Corporation of Greece (DEPA) have signed an agreement to finance with up to 20 million euros the construction of a new liquid natural gas (LNG) bunkering vessel for maritime use in Greece which will be based in Piraeus…

Diana Shipping Sells Dry Bulker

Jan 29, 2020

Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2002-built vessel “Norfolk”.The delivery to the buyer is scheduled for latest by February 25…

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