Hapag-Lloyd Cruises has announced that from July 2020 its global fleet will no longer burn heavy fuel oil (HFO) and instead run exclusively on marine gas oil with a maximum sulfur content of 0.1 % (LS-MGO).'In doing so, the company will cut…
Yara, a Norwegian based scrubber supplier announced a change of leadership as Dr. Thomas Koniordos was introduced as the company’s new CEO. Koniordos, who up until September 18, served as Yara’s Head of Environmental Solutions, and also as Chairman of the Yara Marine Board…
Ship Management company Minerva Marine intends to invest in one of the latest industry digital technology solutions for the real-time monitoring of its fleet. RINACube, RINA’s digital platform, will be deployed on Minerva’s fleet, to enhance operational efficiency and effectiveness by enabling…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining demand for the panamax vessel segment.* The Baltic index, which reflects rates for capesize…
ZEAMARINE said Chad Call will succeed Michael Dumas as Chief Financial Officer with immediate effect. An experienced financial executive, Chad Call has nearly a decade of financial leadership experience within the maritime industry, most recently serving as Vice President of Finance for ZEAMARINE…
Short-sea RoRo company UECC has confirmed an option with China Ship Building Trading Co., Ltd and Jiangnan Shipyard Group Co. Ltd. for a third hybrid-battery LNG vessel, this time for use on UECC’s Atlantic short-sea trade routes.“This order is another step in our commitment to cleaner shipping…
Bernhard Schulte Shipmanagement (BSM) announced the launch of its LiveFleet mobile app, available on iOS and Android.Developed in partnership with software experts at MariApps Marine Solutions, also member of the Schulte Group, LiveFleet is…
Golar LNG Limited said that, after almost 20 years of service with the Golar group Graham Robjohns has decided to step down from his position as Chief Financial Officer. In order to facilitate a smooth transition, Robjohns will remain in his current position until April 30…
The Port Commission of the Port of Houston Authority has approved a proposal that PHA acquires three new neo-Panamax electric cranes for Bayport Container Terminal in a $35 million contractThe cranes will be deployed at Wharf No. 5 of the container…
Mitsui O.S.K. Lines, Ltd. and its group company MOL Information Systems, Ltd., in collaboration with Associate Professor Shunji Umetani of the Graduate School of Information Science and Technology at Osaka University, have developed a vessel…
Connecticut-based maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics. Watson Farley & Williams (WFW) advised FDX Offshore on its acquisition.The partnership intends to expand its chemical tanker…
As car carrier shipping is expected to continue its slow recovery, backed by better utilization and minimal vessel ordering, costs are increasing while the trade outlook seems vulnerable to emerging geopolitical risk. Slow car carrier recovery…
The Port of Los Angeles has announced a development opportunity for an Outer Harbor Cruise Terminal at Berths 46 and 50, with plans to release a Request for Proposal (RFP) later this fall.The proposal is intended for cruise lines, terminal operators…
The Port of Vancouver USA supported more than 24,000 jobs in the region in 2018, an increase of nearly 4,000 jobs since 2014, according to an independent analysis by Martin Associates. The study calculated the economic benefits tied to the…
VT Halter Marine, Inc., a ST Engineering North America company, held a vessel naming ceremony for America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit.The Q-LNG 4000 (barge) and the Q-Ocean Services (tug) were officially named in a ceremony that included U…