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AEO Status for APM Terminals Quetzal

Nov 11, 2019

Guatemala’s Superintendence of Tax Administration (SAT), customs entity, has recognized APM Terminals Quetzal’s transparency and security through its accreditation as an Authorized Economic Operator (AEO). The terminals achieved a 100% compliance rating…

IMO Launches Compendium

Nov 11, 2019

Streamlining the many administrative procedures necessary when ships enter or leave port is an important element of International Maritime Organization (IMO)'s work.And now, an important tool used by software developers to create systems for…

MPC Capital Buys Stake in Albis

Nov 11, 2019

German shipping asset manager MPC Capital has acquired a strategic stake of 50 percent in compatriot tanker chartering company Albis Shipping & Transport.The Hamburg-based asset and investment manager informed that, Albis, led by Kim Moeller…

DNV GL Awards AIP for SHI Cyber Secure Notation

Nov 11, 2019

The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation.According to DNV GL…

Asian LPG Market to Cross $109Bln by 2024

Nov 11, 2019

The Asian liquefied petroleum gas (LPG) market stood at over $81.4 billion in 2018 and is projected to grow at a CAGR of over 5% to cross $109 billion by 2024, as increasing demand for LPG  as a fuel for power generation in remote and off-grid…

Jobs at risk if Merger Stopped, Fincantieri Chairman Warns

Nov 11, 2019

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities…

WAGO Welcomes Amos

Nov 11, 2019

Drew Amos has been hired as the new Regional Sales Manager for Southern California.  Amos is a graduate of Humboldt State University where he earned his Bachelor’s degree in Sociology.  Amos’ extensive sales background makes him an asset to the WAGO team…

Maersk COO Søren Toft Leaves Company

Nov 11, 2019

Chief Operating Officer (COO) Søren Toft has decided to pursue another opportunity outside the company and will leave A.P. Møller - Mærsk A/S effective today. CEO Søren Skou will take on the responsibilities of the COO in the interim.The Executive Board will hereafter consist of Søren Skou…

Fincantieri: Jobs at Risk if Merger with Chantiers de l'Atlantique Stopped

Nov 11, 2019

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities…

De Keukelaere Wins IADC "Young Author Award"

Nov 11, 2019

The International Association of Dredging Companies (IADC) bestowed the Young Author Award to Liesbeth De Keukelaere, R&D Professional at VITO in Belgium. IADC’s Young Author Award is given annually to “stimulate the promotion of new ideas and…

Damen Snags Ferry Order from B.C. Ferries

Nov 11, 2019

Damen Shipyards Group has won a repeat order from B.C. Ferries for four additional Damen Road Ferries 8117 E3, also known as the “Island Class vessels”. The diesel-electric hybrid ferries follow two such vessels that the client ordered from Damen in 2017…

Van Oord Orders Royal IHC Dredge System

Nov 10, 2019

Royal IHC, the provider of design and construction for the specialist maritime sector, has been awarded another contract by Van Oord to design and supply the dredge installation for its new 10,500m3 trailing suction hopper dredger (TSHD).The suction pipe installation with underwater pump…

Maritime Leaders Calls for Collaborative Spirit

Nov 10, 2019

The fifth annual Maritime Standard Ship Finance and Trade Conference highlighted the importance of the shipping, ports and other maritime sectors working more closely with the financial services sector, as well as the growing influence of green issues and digitalization…

MSC Isabella, Largest Boxship to Call in Singapore Port

Nov 10, 2019

The 23,656 teu MSC Isabella became the largest containership to call the Port of Singapore when it berthed on 10 November 2019.The MSC’s Gülsün-Class of container vessels is currently the world’s largest series of container ships.To date, MSC…

Canada’s 2nd Arctic Offshore Patrol Ship Launched

Nov 10, 2019

The Royal Canadian Navy’s second Arctic and Offshore Patrol Ship (AOPS), the future HMCS Margaret Brooke, was launched yesterday, Nov. 10, 2019, at Halifax Shipyard.The launch of the second of six AOPS for the Royal Canadian Navy, marks a significant…

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