Latest News - page 518

 

SHI to Pay $75m in Fine: US Justice Dept

Nov 24, 2019

South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme to pay millions of dollars in bribes to Brazilian officials to win a contract.“Samsung…

Ferry Faults: USCG Suspends Ops on 23 NY Ferries

Nov 24, 2019

The U.S. Coast Guard ordered 23 New York Waterway ferries to suspend service over the last week after a series of inspections found the vessels to be operationally unfit. Coast Guard Sector New York marine inspectors determined the 23 ferries…

GAC Opens in Gibraltar

Nov 24, 2019

The GAC Group has opened an office in Gibraltar.Strategically located at the entrance to the Mediterranean Sea, the port of Gibraltar serves as the primary supply point for passing ships. According to the Gibraltar Port Authority, approximately 60…

Harry DeWolf's Sea Trials Underway

Nov 22, 2019

Halifax Shipyard has commenced initial builder’s sea trials for Canada’s lead Arctic and Offshore Patrol Ship (AOPS), the future HMCS Harry DeWolf.The lead AOPS departed Halifax Shipyard at 0945 and, using its diesel-electric engines, moved…

APM Terminals Intros Monitoring System

Nov 22, 2019

APM Terminals, an international container terminal operating company headquartered in The Hague, has commenced the global rollout of an advanced application monitoring solution, capable of spotting issues with performance before they start to negatively impact operations…

WOC Signs Pact with WISTA International

Nov 22, 2019

A new partnership between World Ocean Council (WOC) and WISTA International will advance women’s leadership in the sustainable blue economy.The WOC and WISTA is initiating a partnership to advance women’s leadership in the ocean and coastal business community and the Sustainable Blue Economy…

$20m Infrastructure Investment in Jacksonville

Nov 22, 2019

U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $20 million to Jacksonville for the International Cargo Terminal Modernization Project. U.S. Secretary of Transportation Elaine L…

Baltic Index Snaps Losing Streak

Nov 22, 2019

The Baltic Exchange's main sea freight index on Friday rose for the first time in seven sessions, helped by an uptick in capesize rates.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

Diana Shipping Announces T/C Contracts

Nov 22, 2019

Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lübeck, Germany, for one of its Post-Panamax dry bulk vessels, the m/v Electra…

Hojgaard Appointed Chairman of HKSOA

Nov 22, 2019

Anglo-Eastern has announced the confirmation of Chief Executive Officer, Capt. Bjorn Hojgaard, as Chairman of the Hong Kong Shipowners Association (HKSOA). His appointment follows a two-year tenure as the association’s Deputy Chairman, and is…

SMS Group Completes Refit for Holland America

Nov 22, 2019

The SMS Group has completed two pieces of major interior outfit work for Holland America Line in the Caribbean and Canada.This division is led by industry veteran Dan Lockyer. In respect to the recent wins Dan said: “We completed these first two…

NYK Advances Maritime Autonomy

Nov 22, 2019

As the marine industry evolves toward autonomous operations, one of the sticking points traditionally has been centered on maintenance and answering the question: “what happens when machinery needs fixed?”Helping to advance the technologies is the NYK Group…

Offshore Wind: Lindø port of Odense Invests in Cranes

Nov 22, 2019

The growth of offshore wind renewable power continues to push investment in marine, port and infrastructure project, the latest an announcement ffrom the Lindø port of Odense which placed an order for an LHM 800 heavy lift unit, a machine with…

Training Tips for Ships: Taking the Stress out of Tests

Nov 22, 2019

We must assess our trainees. Yet we have all heard the complaints they raise about assessments: “I am a bad test-writer”, “this test was much more difficult than I expected”, “I know the material but I did not understand the questions”, “I was nervous…

Chart Joins SEA\LNG

Nov 21, 2019

The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome another member from North America…

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