The Port of Tauranga, the largest port in New Zealand, reported profit after tax of more than $100 million for the first time.Group net profit was 6.7 per cent up on the previous year at $100.6 million, fulfilling previous earnings guidance…
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, announced that Dr. Neil Carmichael retired s Chief Executive effective August 22, 2019, taking on the role of non-executive Director…
Silverstream Technologies, an air lubrication manufacturer for the shipping industry, signed a Memorandum of Understanding (MoU) with Hudong-Zhonghua, part of the CSSC Group, which will see the Silverstream System integrated into Hudong-Zhonghua’s…
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…
The Coast Guard Captain of the Port San Juan set Port Condition X-RAY at 2 a.m. Monday for Puerto Rico and the U.S. Virgins Islands due to the possibility of sustained gale force winds greater than 39 mph from Tropical Storm Dorian that may arrive to the area within 48 hours…
South Korean shipbuilder Hyundai Samho Heavy Industries, a unit of Hyundai Heavy Industries (HHI), received orders for the construction of five vessels.According to Yonhap, the orders include two liquefied petroleum gas (LPG) carriers and three…
Hong Kong-based international transportation and logistics company Orient Overseas International (OOCL) reported an interim net profit of US$138.9 million for the first half of 2019, swinging from a loss of US$10.3 million this time last year…
The Port of Esbjerg is expanding its crane capacity with the world's largest mobile harbor crane, the Liebherr LHM 800.The new machine has a total height of 48 meters and a boom length of 66 meters.Port Esbjerg already commands the largest fleet of Liebherr mobile harbor cranes in Scandinavia…
The Port of Johnstown will be a busy port over the next several months as vessels are delivering ENERCON turbine components for the Nation Rise Wind Farm project.The cargo represents a major business win for the Port, which completed a multi…
Elliott Bay Design Group (EBDG) has announced that its Board of Directors has appointed Brian King as President - Chief Engineer. King will have direct supervision of the business and affairs of the company. He will be responsible for advancing…
Kalmar, part of Cargotec, won a contract to supply Lineas Intermodal with two Kalmar Hybrid Straddle Carriers. The order was booked in Cargotec's 2019 Q3 order intake with delivery scheduled to be completed in Q1 2020.Being the largest private rail freight operator in Europe…
C-Job Naval Architects said that Mario Gitte has been appointed Vice President Engineering and Edward Verweij has been named Vice President Sales. Together they will be the executive management team that will run the company’s new branch office in Houston…
NYK Bulk & Projects Carriers Ltd., an NYK Group company and the only shipping company that owns and operates heavy-lift ships in Japan, signed a contract with Nanjing Jinling Shipyard Co. Ltd., which is part of the China Merchants Group, to build a pair of heavy-lift vessels…
Pump manufacturer Svanehøj is moving closer to a growing customer base in East Asia.The growth of LNG as a fuel opens the door to a huge market for pump manufacturer Svanehøj Group, which is behind the brands Svanehøj, Hamworthy Pumps, Eureka and Dolphin…
Where there is the allure of the water, there is no shortage of dreamers, visionaries, hucksters, investors, or salesmen willing to expound on the endless new possibilities.It's a tale as old as time. Which is why some of the oldest land use regulations…