Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, a wind power developer…
Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global…
Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 145 graduates of the company’s Apprentice School at Newport News Shipbuilding. The ceremony, held at Liberty Baptist Church Worship Center in Hampton, commemorated the school’s centennial graduating class…
Pintsch Bubenzer USA has named Mike Zuchowski regional sales manager for ports in the western region of the states and Canada.The manufacturer of high-performance disc and drum brakes for steel cranes and other severe duty applications is seeing…
Danish shipping group A.P. Moller-Maersk plans to raise the proportion of high sulphur fuel oil it consumes from 10% to 25% by the year-end, CEO Soren Skou says.The world's largest container shipping firm consumed a total of around 11.80 million tonnes of shipping fuel last year…
Ecochlor announced the addition of Michael 'Mick' Madely to fill a newly created position of Vice President of Global Service. Madely has had a full career in the global maritime industry with over 25 years of experience in senior management positions in both Commercial and Technical roles…
The third annual global Maritime Training Insights Database (MarTID) survey is officially open through February 29, 2020.Take the MarTID 2020 SurveyTo facilitate a broader response globally, the MarTID steering group again opted to both shorten the survey and to offer three…
Azerbaijan Caspian Shipping Company (ASCO) considers environmental protection as one of the key criteria for sustainable development, claimed the company.ASCO constantly pays attention to minimizing the environmentally negative impact of oil sludge…
French LNG containment specialist Gaztransport & Technigaz (GTT) has acquired 100 percent of the share capital of the Icelandic smart shipping specialist Marorka.Based in Iceland and specialized in Smart Shipping, Marorka designs maritime energy monitoring and optimization systems for vessels…
Belships ASA, a bulk carrier operator and ship management company, has confirmed that it entered into an agreement with Marti Shipping & Ship Management of Turkey for a bareboat charter and subsequent sale of BELEAST.The 50 000 dwt bulk carrier…
The international ship-owning company Top Ships announced that its 50% subsidiaries which own M/T Holmby Hills and M/T Palm Springs entered into agreements to sell both vessels to unaffiliated third parties.According to the owner and operator of modern…
Global shipping holds its breath as the coronavirus continues to spread and generates massive economic and financial uncertainty.Two weeks ago, BIMCO argued that – from an economic perspective - when China sneezes, we all catch the flu. Since the SARS outbreak in 2003…
British entrepreneur Richard Branson heralded his first cruise ship 'Scarlet Lady' on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.Despite the unfortunate timing…
Ship operators carried out 195 liquefied natural gas (LNG) bunkering operations at Spanish ports in 2019, 135 more than in the previous year, Spanish authorities said on Friday.81,704 cubic metres of LNG was supplied to ships during the year…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis.The global shipping company…