The Azerbaijan Caspian Shipping Company (ASCO) will launch a test voyage of a feeder vessel along the Black Sea container route Batumi-Constanta by September 20.The vessel will sail every 10 days (3 times a month). If cargo volumes increase…
The global floating liquefied natural gas (FLNG) market is estimated to grow at CAGR above 5.2% over the forecast time frame 2019 to 2026 and reach the market value around $17.5 billion by 2026.Increasing demand for clean fuel techniques and…
300 students from Institute of Technical Education, junior colleges, polytechnics, and universities participated in the 6th edition of the Singapore Maritime Dialogue (SMD), which featured a lively panel discussion on the theme of ‘Maritime Singapore in the Age of Digitization’…
A modest event designed as a get-together for commercial workboat operators in upstate New York is now celebrating 20 years as a three-day community festival.On September 11, 1999, local resident John Callaghan had an idea to bring in some friends…
The Baltic Exchange's main sea freight index rose to its highest in more than four weeks on Thursday, lifted by strong demand across all vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 57 points…
Due to national and international laws as well as voluntary environmental protection measures, more and more environmentally friendly refrigerants are being used in the marine business.Based on more than 100 years of experience in the refrigeration business…
Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway…
Transnet National Ports Authority (TNPA) successfully hosted another IALA Level 1.1 Aids to Navigation Manager training course for six participants from Mozambique, Namibia, South Africa and The Gambia. The course was held in Cape Town from 22 July to 16 August 2019…
Advanced Polymer Coatings (APC) has announced the retirement of Joseph F. Harrington after 25 years with Advanced Polymer Coatings. In 1994 he was approached by Don Keehan, Chairman of Advanced Polymer Coatings, to further develop the Marine…
CADMATIC has acquired Finnish software company Kymdata Ltd. including the entire share capital as well as IPRs to all Kymdata’s CADS software and its business agreements. The acquisition increases CADMATIC’s estimated turnover to EUR 28 million…
Damen Shipyards Group won an award for the Human Machine Interface that it has been developing over the past two years for its Next Generation Tug Series. The UX Design Awards are intended to honor innovative solutions that add value to applications…
Media reports about Mozambique’s failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa…
Citigroup's veteran shipping finance banker Michael Parker is to become chairman of the bank's shipping & logistics business, a role which will include bolstering the lender's environmental focus in the sector, Citi said on Thursday.In June…
Wind turbine manufacturer MHI Vestas Offshore Wind has signed its third contract in Taiwan for local production as it prepares to execute 900 MW of offshore wind projects.'Confirming the first electrical component for local supply in the budding offshore wind industry in Taiwan…
Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…