Latest News - page 603

 

Colombia's SPEC LNG Expands

Sep 17, 2019

Colombia´s LNG Import Terminal Sociedad Portuaria El Cayao (SPEC LNG) has signed a joint development agreement with Calamari LNG, Avenir LNG and Höegh LNG on providing additional LNG services at the Cartagena import facility.The additional services…

NYK in ESG Index for 17th Year in a Row

Sep 17, 2019

Japan's shipping giant Nippon Yusen Kaisha (NYK) has been selected for the Dow Jones Sustainability Indices (DJSI), the world's leading investment indexes for ESG (environmental, social, and governance) criteria, for a 17th straight year.The DJSI…

ABS, SHI to Develop Next Generation LNG Carrier

Sep 17, 2019

ABS, the global provider of classification and technical advisory services to the marine and offshore industries, announced that it is collaborating with South Korean shipbuilder Samsung Heavy Industries (SHI) on a next generation LNG carrier…

Hamburg Süd Launches INSTANT

Sep 17, 2019

Hamburg Süd has expanded the e-commerce offerings on its website and is now offering INSTANT, a digital application that is designed to make booking containers easier and faster. Within just a few seconds, INSTANT users will be able to view…

Marine Cargo Insurance Market Still Not Profitable

Sep 17, 2019

Sean Dalton, Chair of the Cargo Committee of the International Union of Marine Insurance (IUMI) has said at the organization’s annual conference in Toronto, Canada, that there has been a 2.5 percent increase in 2018 global premiums to $16.6…

Sovcomflot CEO to Switch to Chairman

Sep 17, 2019

Sergei Frank will step down as president and chief executive of Russian state-controlled shipping giant Sovcomflot after 15 years at the helm, four sources familiar with the decision told Reuters on Tuesday.Frank will give up operational control…

GPA Plans Savannah Port Capacity Expansion

Sep 17, 2019

The Georgia Ports Authority (GPA) has plans for a new container port on Hutchinson Island to increase the capacity of the Port of Savannah, Georgia, USA. The planned expansion will double the port’s annual capacity from 5.5 million TEUs to 11 million TEUs and the facility will be able to handle 2…

Cargill, Maersk Tankers to Run Joint Pool

Sep 17, 2019

Commodities trader Cargill and shipowner Maersk Tankers aim to build a joint Medium Range (MR) tanker pool with more vessels as they seek to cut emissions.'The strategic partnership will improve flexibility for customers and reduce fuel consumption and emissions…

Evergreen Orders Ten Ships

Sep 17, 2019

Taiwanese shipping line Evergreen has confirmed its plans to build a total of ten 23,000 TEU containerships.According to a stock exchange filing, the new vessels would be built at three shipyards  in South Korea and China.According to the reports from the South China Morning Post…

First Hybrid Cruise Ship Sails Northwest Passage

Sep 17, 2019

Norwegian cruise, ferry and cargo operator Hurtigruten announced that its new expedition cruise ship MS Roald Amundsen became the first battery-hybrid powered ship to ever traverse the legendary Northwest Passage last week.As MS Roald Amundsen arrived in Nome…

GOGL Ups Investment in Singapore Marine

Sep 16, 2019

Norway based dry bulk shipping company Golden Ocean Group (GOGL) is planning to make a further investment in Singapore Marine Pte Ltd in connection with the acquisition of the majority of assets and operations of Swiss Marine by the latter.Swiss…

Langh Ship Going Green

Sep 16, 2019

Finnish shipping company Langh Ship said that it takes environmental matters into account in their day-to-day operations, and efforts to improve the state of the world’s seas are important to all Langh companies.'The environmental perspective…

GPA to Double Capacity, Draws $5Bln Investment

Sep 16, 2019

The Georgia Ports Authority (GPA) has revealed plans to double capacity at Garden City Terminal to 11 million twenty-foot equivalent container units per year.In Fiscal Year 2019, port-related industries announced $5 billion in new investment and 12…

Cosco Shipping Ports Names Feng Boming as Chairman

Sep 16, 2019

Cosco Shipping Ports (CSP), the biggest terminal operator in the world, has appointed Feng Boming as its new chairman, replacing Zhang Wei who has quit the position.Feng  Boming, a non-executive Director of the Company, has been re-designated…

EXMAR, Anglo-Eastern JV for LNG Management

Sep 16, 2019

The manager of specialized floating assets EXMAR Ship Management and ship management company Anglo Eastern Univan Group formed  a joint venture (JV) dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners…

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