With a rugged coastline and many fjords to cross, Norway has become a world leader in progressive ferry design. Turkey, with a skilled work force and broad marine experience has become a leader in ferry construction. Put the two together and…
Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The Dutch energy and commodity trading company said in a press note that ENH…
New Zealand Port Nelson said that continued growth in cargo volume has contributed to the port's delivering an operating profit of $30.5 million for the 2018/2019 financial year.This is an increase of $3.4 million compared to the $27.1 million reported in 2018…
Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has increased the amount of guarantees that qualify as 'green' to €1.25 billion ($1.4Bln) as they contribute to the United Nations Sustainable Development Goals (SDG).The deal…
A traditional maritime coin ceremony took place at the Fincantieri shipyard in Monfalcone, Italy, when the keel was laid for MSC Seashore. At the milestone event, MSC Cruises revealed details of the significantly transformed overall design and new features of the ship…
Some 300 transportation leaders packed a hotel ballroom Tuesday as the Containerization and Intermodal Institute presented its Connie Award to William J. 'Bill' Shea, CEO of Direct ChassisLink Inc. (DCLI). J. Christopher Lytle, recently retired…
ABB will install Port of Incheon’s first shore-to-ship power solution, enabling passenger vessels to cut emissions, noise and vibrations at berthABB has secured the contract covering South Korea’s commitment to sustainable shore-to-ship power…
MacGregor, part of Cargotec, has secured orders to provide MacGregor products to a Naval project in Europe and TTS products to a RoRo project in Asia. The total order value is more than $22 million and the contracts include ramps, car deck and lifting platform equipment…
The world's largest oil tanker shipping company Frontline Ltd has declined options to buy four more tankers from Trafigura Marine Logistics (TML) and said that it will keep to buying only 10 tankers.Last month, the Bermuda based company announced…
Indonesian shipping and logistics company Pelita Samudera Shipping (PSS) has bought one bulk carrier from Singapore-based Convivial Navigation Co. Pte.Purchase price of the handysize class MV is USD7.53 million. PSS is settling 20% of the amount in cash and the remaining 80% in PSS shares…
Cosco-owned Hong Kong containerline Orient Overseas (International) Limited (OOIL) said its chief executive Huang Xiaowen has resigned and Wang Haimin will succeed him.Executive director Zhang Wei has also resigned. OOIL said Huang and Zhang resigned due to 'work commitments…
Seaspan Shipyards (Seaspan) has announced the appointment of James Clarke as Chief Financial Officer (CFO). With more than 15 years of senior finance experience in engineering and industrial environments Mr. Clarke brings his strong background…
Crowley Maritime Corp. awarded Thomas B. Crowley Sr. Memorial Scholarships to four California State University Maritime Academy (CMA) cadets at the Containerization and Intermodal Institute’s Connie Awards last night in Long Beach, Calif.The…
NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide (CO2), equivalent to the CO2 emitted by NYK’s environmental flagship car carrier Aries Leader during one voyage between Japan and the Middle East…
American Roll-on Roll-off Carrier (ARC) will christen the ARC Resolve, ARC Integrity and the ARC Independence, welcoming three of the most versatile and militarily-useful ships to the U.S.-flag commercial fleet, on Friday in the Port of Baltimore…