People & Company News


LNG Bunkering Operations Triple in Spain in 2019

Feb 21, 2020

Ship operators carried out 195 liquefied natural gas (LNG) bunkering operations at Spanish ports in 2019, 135 more than in the previous year, Spanish authorities said on Friday.81,704 cubic metres of LNG was supplied to ships during the year…

Coronavirus to Hit Earnings: Maersk

Feb 20, 2020

Global integrated container logistics company A.P. Moller - Maersk posted improved earnings and free cash flow for 2019, despite weaker market conditions and global container growth of only 1.4 percent.However, the Danish business conglomerate…

Fitzgerald to Rejoin Crowley as COO

Feb 20, 2020

Crowley Maritime Corp. announced today that Ray Fitzgerald, who began his career with Crowley and most recently served as president and chief operating officer of Wallenius Wilhelmsen Solutions, and chairman of American Roll-on Roll-off Carrier (ARC)…

Hamburg Süd Invests in the Mediterranean

Feb 20, 2020

Hamburg Süd is now exclusively represented by its own offices in Italy and Spain after business was previously partially handled by agents and joint-venture organizations. Furthermore, in Egypt the company has taken full management of Hamburg Süd Egypt…

NWSA January Container Volumes Drop

Feb 20, 2020

The Northwest Seaport Alliance’s total container volume for January 2020 was 263,816 twenty-foot equivalent units (TEUs), a 19.1% decrease from January 2019.Following an unprecedented international container throughput for the same month last year — tied to shippers moving cargo ahead of tariffs…

Shipping Industry Faces $370 mln Hit From New Panama Canal Charge

Feb 20, 2020

A new 'freshwater' charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year, marking another blow for maritime companies already hit by fallout from the coronavirus…

Alphabet Winds Down Makani

Feb 19, 2020

Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites.Google acquired Makani, which developed airborne wind turbines and aimed to make wind energy more accessible and affordable…

Fugro: Offshore Market Grows Despite Concerns

Feb 19, 2020

The offshore oil and gas market continues to grow despite geopolitical developments and concerns over reduced global economic growth, said the Dutch multinational Fugro.'The outlook across Fugro’s market segments is positive as offshore wind…

Chevron Marine Publishes New White Paper

Feb 19, 2020

Lubricating duel-fuel auxiliary engines: a practical approachChevron Marine has released the latest in a series of white papers focusing on innovations and developments impacting the fast-changing shipping industry.Click Here to Download the Whitepaper…

Port of Maputo Deepening Ops Complete

Feb 19, 2020

Jan De Nul Group reports that it has finished the maintenance dredging operations in the Port of Maputo, Mozambique, for the Maputo Port Development Company. This dredging campaign restored the depths created after Jan De Nul Group’s 2016 capital dredging campaign…

Younger Wins Engineering Award

Feb 19, 2020

Buck Younger, Vice President of Engineering with VT Halter Marine, was named the Marine Engineer/Naval Architect of the Year by the Mobile Area Council of Engineers (MACE). VT Halter Marine, Inc. (VT Halter Marine), is a company of ST Engineering North America…

Maersk to Buy U.S. Warehousing and Distribution Firm

Feb 19, 2020

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics solutions.Maersk said the the value of the deal is $545 million…

Wärtsilä Navi-Port Tested for Just-in-time Sailing

Feb 19, 2020

Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have implemented and tested a new solution for just-in-time sailing.Together, the partners have achieved the exchange…

NES Announces Management Changes

Feb 19, 2020

Norwegian Electric System AS (NES) has announced Odd Gunnar Kleppe has stepped down as EVP / general manager.Odd Gunnar Kleppe has worked for NES since March 2018, and has been EVP since March 2019. In his time at NES, he has played an important…

CGG Officially Exits Seismic Data Biz

Feb 18, 2020

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia.Following on from the…

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