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IRENA: Shipping Industry Must Cut Emissions

Oct 31, 2019

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 Launches digitalPORT@SG

Oct 31, 2019

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 Appoints Dy CEO

Oct 31, 2019

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…

Iranian, Algerian Ports Sign MoU

Oct 31, 2019

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…

Interview: Cory Wood, VP, Bristol Harbor Group

Oct 31, 2019

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 Expands Workforce

Oct 31, 2019

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…

Bray Joins Furuno USA

Oct 31, 2019

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…

Vessel Op Costs to Rise in 2019 and 2020

Oct 31, 2019

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 Acquires ChartCo’s Compass Business

Oct 31, 2019

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 to Proceed with US Trade Talks as Planned

Oct 31, 2019

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…

E&P Companies Struggle on RoI

Oct 31, 2019

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…

Boskalis Consortium to Develop French Port

Oct 31, 2019

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…

Naval Group, Fincantieri JV Named NAVIRIS

Oct 31, 2019

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)…

Russia Presses for Northern Sea Route

Oct 31, 2019

Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The  existing excellent contacts between Port of Hamburg Marketing and Russian ports as well as the Hamburg maritime industry’s second most important trading…

Decarbonisation a Major Issue in Shipping

Oct 30, 2019

Survey respondents from 46 different countries around the world highlight ‘decarbonization of shipping’, ‘new environmental regulation’, ‘societal demands for sustainability’, and ‘failure of climate-change mitigation and adoption’ as four of…

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