Latest News - page 527

 

USACE Memphis District Dredging Wraps Up

Jan 10, 2020

The Memphis District U.S. Army Corps of Engineers has several missions associated with the Mississippi River. One of the most important is to keep the river channel at a depth that allows the river barge industry to dependably transport goods up and down the river…

Second RoPax Launched for Hankyu Ferry Co

Jan 10, 2020

Mitsubishi Shipbuilding Co., Ltd. held a christening and launch ceremony for the second of two passenger/cargo ferries currently under construction for Hankyu Ferry Co, Ltd.The new vessel, named Yamato, is being constructed at the Shimonoseki…

New IMO Rules Overshadow Hapag-Lloyd's Profit Outlook - CEO

Jan 10, 2020

Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the profit outlook for Germany's container shipping line Hapag-Lloyd this year after a good 2019, its chief executive said…

US Retail Imports Normalizing After Tariff Surges

Jan 10, 2020

U.S. retail imports are beginning to settle down following a year of fluctuations driven by the uncertainty of the trade war with China, industry experts say.Volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020…

Kalmar Signs Pact with Patrick Terminals

Jan 09, 2020

Kalmar, the provider of cargo-handling solutions and services to ports and terminals, has concluded a comprehensive software maintenance and support agreement with Australian terminal operator Patrick Terminals.The agreement, which covers the…

Yamal LNG Gets New LNG Vessel

Jan 09, 2020

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.The naming ceremony for the LNG Merak carrier was held on Wednesday, January 8, at Hudong-Zhonghua Shipbuilding yard…

Hamburg Port Orders 2 Fireboats

Jan 09, 2020

The Hamburg Port Authority (HPA) has ordered two more fire-fighting vessels following the delivery of modern fireboat, the 'Branddirektor Westphal'.As with the previous order, both vessels will be fitted with Schottel thrusters – in this case…

HMS Prince of Wales Completes Sea Trial

Jan 09, 2020

HMS Prince of Wales, the second of the U.K.’s Queen Elizabeth Class aircraft carriers, has recently completed a successful sea trial in Scottish waters.The ships are the largest ever built for the Royal Navy and the carriers are powered by GE’s energy-efficient…

NMM Acquires Five Containerships

Jan 09, 2020

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…

Diana Shipping Fixes Ismene with Phaethon

Jan 09, 2020

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Ismene.According to a press note…

Can the New Silk Road Compete with the Maritime Silk Road?

Jan 09, 2020

China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027…

Britannia P&I sets up Shop in NY

Jan 09, 2020

Britannia P&I has established a new exclusive correspondent, B Americas P&I, to be based in New York.B Americas P&I will be headed by Michael Unger, a maritime lawyer with extensive litigation and arbitration experience.B Americas will enhance…

ClassNK: New Guidance for Autonomous Ships

Jan 09, 2020

ClassNK released its “Guidelines for Automated/Autonomous Operation of ships ~Design development, Installation and Operation of Automated Operation Systems/Remote Operation Systems”.In the field of ships, research and development of technology…

Georgia Scraps Deal on Major Port Project

Jan 09, 2020

Georgia has ended an investment agreement with an international consortium for one of the biggest projects in the former Soviet country, the construction of a major deep sea port on the Black Sea coast, its infrastructure minister said on Thursday…

Mideast Tensions Create Insurance Headache for Tanker Owners

Jan 09, 2020

Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills…

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