Born and raised on the water by entrepreneurial parents, Basjan Faber knew from a young age that his future and fate was in maritime, specifically ship design. Today the CEO leads a vibrant, diverse and fast-growing naval architecture firm that he co-founded with partners in 2007…
The International Transport Workers' Federation (ITF) has established its latest Contacts Network, covering Bangladesh, Cambodia, Malaysia, Myanmar, Pakistan, Papua New Guinea, the Solomon Islands and Thailand.ITF has seen a significant increase…
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before, says BIMCO, the largest of the international shipping associations representing shipowners…
Green inland shipping event on 16 October 2019 showed the most innovative solutions in inland navigation at the CO2 neutral port of Brussels.Brussels Minister for climate transition, environment, energy and participative democracy, Alain Maron…
The total freight volume handled by Port of Antwerp rose from January through September 2019 by 1.1% compared with the same period last year. The container volume (in TEU) was up by as much as 6.4%.However the slowdown in the world economy reduced…
Kalmar, part of Cargotec, has announced that it will supply 25 Kalmar Hybrid Shuttle Carriers to the Port of Virginia, a growing, deep water port on the U.S. East Coast.The $23 million (USD) order was booked in Cargotec's 2019 Q3 order intake…
Crystal Yacht Cruises announced the 55-cruise roster of 2022 and early 2023 itineraries for Crystal Esprit.A number of new options punctuate the collection of regionally focused voyages, with dozens of seven- and eight-night options catering…
The Port of Oakland is a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its loaded container volume from January through September increased 3.1 percent compared to the same period in 2018…
Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, managed to repay a major loan amounting to USD 418.5 million by combining three types of refinancing.Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Wednesday, on weaker demand for all vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…
Leading marine asset company Bibby Marine Ltd has appointed Helen Samuels as Chief Executive Officer to lead the company into its next phase of development.Helen Samuels will join the Group in January 2020 from Network Rail, where she currently…
Thordon Bearings has received an order to supply a water-lubricated propeller shaft bearing solution to Fincantieri’s Monfalcone shipyard for installation to MSC Seashore, the third Seaside Class cruiseship to which Thordon’s COMPAC system has been specified…
America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’…
Bureau Veritas Solutions Marine & Offshore is encouraging the shipping industry to embrace higher standards in ship recycling and offering its guidance to help meet the challenge of compliance. BVS, with a network of trained experts world-wide…
A recent surge in tanker rates due to U.S. sanctions on subsidiaries of Chinese shipping company Cosco is driving some shipowners to switch from carrying clean to dirty cargoes, according to oil analytics firm Vortexa.The Aframax tanker Elandra Sound…