DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate out of Astara…
Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field…
DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million…
Effective January 1, 2020, Dennis Lenthe Olesen, currently Global Head of Operations at APM Terminals, will assume the role of Managing Director for APM Terminals Nordics.This joint management structure will enable APM Terminals Aarhus and Gothenburg…
The Liberian Registry opened a full-service office in Imabari, Japan, as part of the continued expansion of its presence in Asia.Led by Eiji Okazaki, President of the Liberian International Ship and Corporate Registry (LISCR) Japan, the Imabari…
BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked…
ONE SEA, an industry alliance bringing together leading exponents of autonomous ship technology, has made a significant addition to its growing membership, after signing up Awake.AI - a company led by an experienced team of maritime digital innovators…
MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers…
Intercontinental Exchange, operator of global exchanges and clearing houses and provider of data and listings services, reported new milestones in the trading of the TTF natural gas and JKM LNG (Platts) contracts.In September, TTF Futures and…
Japanese shipping company Nippon Yusen Kaisha (NYK) held its annual Dry Bulk Safety Conference at the company’s headquarters in Tokyo to share safety awareness and review trouble response for dry bulk vessels.A total of 75 participants from…
Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya bean export season disappointed. The fall in volumes from the two countries has also led to an 8.5% drop from…
Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping. All three parties recognize the urgency required to tackle the global issue of…
Witt O’Brien’s, LLC (Witt O’Brien’s), a subsidiary of SEACOR Holdings, has announced that John Paczkowski and Ricki Henschel have joined the firm in senior leadership positions to accelerate growth in disaster management.Paczkowski joins the firm as Senior Managing Director…
Hamburg’s state government approved a large-scale expansion of shore-based power supply in the Port of Hamburg. This will create the conditions for a shift from shipboard diesel power supply to ecological electric power during lay times. With this expansion…
Ports of Stockholm has been nominated as a finalist for the 2019 C40 Cities Bloomberg Philanthropies Award. The prize is awarded in seven categories to provide global recognition for cities demonstrating climate action leadership.Ports of Stockholm…