People & Company News


Gibbs & Cox: Historic Ship Designer Turns 90

Oct 21, 2019

Hindsight, they say is 20/20, and in this regard renowned design house Gibbs & Cox has nine decades in the rear view mirror on which to lean. We recently caught up with Chris Deegan, President and CEO of Gibbs & Cox, celebrating its 90th anniversary in 2019…

BunkerTrace Goes Live

Oct 21, 2019

On Friday, BunkerTrace, the unique blockchain and DNA- based fuels tracking solution, announced its commercial launch shortly after a successful trial in the Netherlands on Thursday, October 3, which was conducted in partnership with Cooperative Bebeka…

Sovcomflot Advances Green Shipping Along the NSR

Oct 21, 2019

Two large-capacity Sovcomflot tankers using cleaner-burning LNG as a primary fuel, Mendeleev Prospect and Lomonosov Prospect, have successfully completed their respective voyages eastbound along the Northern Sea Route (NSR).Lomonosov Prospect has reached Cape Dezhnev…

CMA CGM Launches SHIPFIN Trade Finance

Oct 21, 2019

CMA CGM launches SHIPFIN Trade Finance, its new range of import and export financing solutions.An innovative offering of simple, reliable and rapid financial services;Two complementary solutions for importers and exporters: Supply Chain Financing and Cargo Financing…

NYK Exhibits Eco Ships at Yokohama Museum

Oct 21, 2019

NYK’s two future concept ships — NYK Super Eco Ship 2030 and NYK Super Eco Ship 2050 — were recently displayed for a few months at the Yokohama Port Museum, where NYK also sponsored a talk to introduce children to insightful aspects of life aboard ships and as a seafarer…

SMT’s Tech Division Offers Polar Code Training

Oct 21, 2019

The adoption by the IMO of the International Code for Ships Operating in Polar Waters (Polar Code) makes it mandatory for ships sailing into Artic or Antarctic waters to demonstrate that extra precautions have been taken in relation to safety…

Maersk Lifts 2019 Profit Forecast; Shares Rise

Oct 21, 2019

Danish shipping company A.P. Moller-Maersk adjusted its expectations for its 2019 profit upwards on Monday following lower fuel prices and capacity management in the third quarter.Maersk said it expects earnings before interest, taxes, depreciation and amortisation (EBITDA) in the range of $5…

Nakilat Posts 10.5% Surge in 9 Month's Net Profit

Oct 20, 2019

Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the first nine months of this year.Nakilat, which has the largest LNG shipping fleet in the world…

Coast Guard Issues RFI for Offshore Patrol Cutter

Oct 18, 2019

On October 18 the U.S. Coast Guard issues a Request for Information (RFI) for information and planning purposes only.On October 10, 2019, the U.S. Department of Homeland Security approved and granted extraordinary relief to Eastern Shipbuilding Group…

VDL AEC Maritime Appoints Krabiell as Rep

Oct 18, 2019

VDL AEC Maritime as scrubber supplier has strengthened its position on the German market by entering a partnership agreement with Krabiell. With the nomination of Thomas Krabiell as the official representative of VDL AEC Maritime in Germany…

Port "Wears it Pink" for Breast Cancer

Oct 18, 2019

The Shoreham Port team are donning their favorite pink items and taking part in an office bake sale today in support of Wear it Pink, the annual fundraising day that raises money for Breast Cancer Now. Staff across the Port’s two offices are raising money which will be match funded by the Port…

“K” LINE, MOL, & NYK Share Data with IoS-OP

Oct 18, 2019

Kawasaki Kisen Kaisha, Ltd. Mitsui O.S.K Lines, Ltd. and Nippon Yusen Kabushiki Kaisha (NYK) have begun sharing of operational data acquired from the monitoring system installed in their container ships with their charter, Ocean Network Express Pte…

Boxship Fires: Time for Action, says IUMI

Oct 18, 2019

This year has already seen an alarming number of container ship fires including Yantian Express, APL Vancouver, Grande America, E.R. Kobe and KMTC Hong Kong.The escalation is of growing concern to IUMI (International Union of Marine Insurance)…

Rotterdam Port Strengthens Presence in India

Oct 17, 2019

The Port of Rotterdam Authority is intensifying its joint activities with parties in India. 'As one of the fastest growing economies in the world, India is investing heavily in the development of seaports, industrial areas and hinterland connections…

Pelosi: New 'NAFTA' Trade Deal Near Agreement

Oct 17, 2019

U.S. House Speaker Nancy Pelosi said on Thursday lawmakers were getting closer to an agreement with the Trump administration on revisions to the deal negotiated by the Trump administration with Canada and Mexico.'I can honestly say that I think every day we are becoming closer…

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