Greece-based shipping company Okeanis Eco Tankers (OET) said it has secured funding to finance the pre-delivery of two new ECO scrubber-fitted Suezmax tankers.The Greek tanker owner and operator said that it has secured commitment to a USD 45…
Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation of a wide range of cargoes, including dry cargo and containerized goods, said that it is planning to install exhaust gas cleaning systems (scrubber) in six more vessels…
The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in line with International Maritime Organization (IMO)’s sustainability targets…
Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat, DPM Heng announced the launch of the Maritime and Port Authority of Singapore’s (MPA) ‘digitalPORT@SG’, a digital Portal for One-stop Regulatory Transactions, which is…
Performance Shipping, a global shipping company specializing in the ownership of vessels, announced that its board of directors has unanimously appointed Andreas Michalopoulos to the position of Deputy Chief Executive Officer, effective immediately…
A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime between the port of Imam Khomeini and the ports of Algeria.Adel Deris, Director General of Khuzestan Ports and Maritime…
Born at the University of Michigan in the early 1990s, Bristol Harbor Group (BHG) has grown into a diverse and widely respected naval architecture and marine engineering firm. Cory Wood, Vice President and one of the four co-founders of BHG…
Greensea, creator of OPENSEA, the universal open software architecture for the marine industry, recently added three key personnel to its team to address current and future growth and to support its core business strategies. Positions have been…
Furuno USA has announced the hiring of Matt Bray as a new Sales Associate for the Southeast region. A 2010 graduate of Fairleigh Dickinson University, Bray comes to Furuno with a background in marine electronics and electronics system installation…
International accountant and shipping adviser BDO said total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020.Responses to the firm’s latest annual Future Operating Costs Survey revealed that…
Mackay Marine has acquired ChartCo’s Compass Services’ comprehensive magnetic compass business, effective October 9, 2019. This includes personnel, field service kits, compass calibration & repair laboratory, tools & equipment, compass & spare parts inventory…
China's commerce ministry said on Thursday that Beijing and Washington will proceed with the bilateral trade negotiations according to plan and that the talks are progressing well.The ministry, in a statement, said the two sides remain in close…
International exploration & production (E&P) are struggling to make money from offshore investments made during the latest investment upturn, according to a new study by Rystad Energy.Rystad Energy has evaluated all offshore oil fields sanctioned…
A consortium led by Boskalis Nederland and Bouygues Travaux Publics has won a contract from the Occitanie/Pyrenees-Mediterranee region of France for the expansion of Port-La-Nouvelle in the south west of the country that will lead to offshore wind development…
French shipbuilders Naval Group and Italy's Fincantieri announced the name of the 50/50 joint venture NAVIRIS.The name was presented during the recent Steering Committee held in Genoa (it meets every quarter alternatively in France and Italy)…