Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a leader in real-time 3D sonar technology and real-time subsea intelligence, announced the election of J. Charles Plumb, Captain, USNR (Ret.) to its Board of Directors. Captain Plumb was elected at the company’s annual meeting of stockholders…
Artificial intelligence (AI) and machine learning (ML): mention these two terms and the listener may instantly think of the ads displayed as you view your favorite online news site. This is one version of what AI/ML might be. Given the state of AI and ML research today…
ReCAAP ISC has issued the August 2019 Report on the situation of piracy and armed robbery against ships in Asia which notes that a total of eight incidents was reported in Asia in August and that of these eight incidents, two were piracy incidents and six were incidents of armed robbery…
Liverpool Seafarers Center (LSC) in the UK has been named the world’s best seafarer center at an awards ceremony held during London International Shipping Week.LSC, which is based in Crosby and Eastham, won the International Seafarer Welfare…
Wärtsilä will supply its Aquarius UV Ballast Water Management System (BWMS) for four bunkering ocean tanker vessels operated by South Korea’s Doorae Shipping. This is the first ever BWMS retrofit contract signed by Wärtsilä in Korea. The order was placed in July by PanStar TechSolution…
Napier Port, the third largest port on New Zealand’s North Island, has placed an order with Damen Shipyards Group for an Azimuth Tractor Drive (ATD) Tug 2412 Twin Fin for delivery later this year.The contract was signed by Sjoerd de Bruin, sales…
A fire onboard an oil tanker at Norway's Sture crude export terminal has been put out, the fire service told Reuters on Friday.The fire broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway's west coast…
The Baltic Exchange, the a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts, has launched a new assessment to track the cost of operating vessels…
Dutch dredging and heavylift company Royal Boskalis Westminster has been awarded two contracts worth 85 million euro ($93.7 million) combined for strengthening and protecting a stretch of seafront coastline from erosion in Romania and the United Kingdom…
The CMA CGM Group has introduced Rhine Valley Rail, a new rail service connecting the Port of Rotterdam with the German hinterland. The train connections are aligned with CMA CGM’s deep-sea services.Operated in cooperation with TFG, the Rhine…
Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks…
International Maritime Organization (IMO)’s World Maritime theme for 2019 – “Empowering women in the Maritime Community” has featured prominently in events at the London International Shipping Week (9-13 September).A seminar co-hosted by Inmarsat…
U.S. Customs and Border Protection (CBP) agriculture specialists intercepted 146 destructive Asian Gypsy Moth egg masses on four ships recently in the port of Baltimore.Asian Gypsy Moth (AGM) is one of the most destructive insect pests in the world…
On Sept. 1, as category 5 Hurricane Dorian ravaged the Bahamas, YachtAid Global’s Operation Topaz prepared to assist.Numerous vessels over 100-ft. LOA deployed swiftly to the Bahamas. They were engaged by YAG in Operation Topaz’ relief effort…
Post the departure from Grand Bahama Island of hurricane “Dorian” the most devastating storm to ever hit the Bahamas, Grand Bahama Shipyard confirms it will be ready to resume business on Wednesday September 11th, 2019.“There is no significant damage to the shipyard…