People & Company News


Svanehøj Opens Office in Japan

Aug 26, 2019

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…

OP/ED: The Latest Waterfront Development Hustle

Aug 26, 2019

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…

GeoLOGIC Acquires TOP Analysis

Aug 26, 2019

Canada's geoLOGIC systems announced that it has purchased TOP Analysis, a provider of Canadian thermal oilsands critical information & competitive intelligence through  an easy to use SaaS platform available to all disciplines.'TOP Analysis…

DP World Profits Up 27% in H1 2019

Aug 23, 2019

Dubai International Ports Group (DP World) announced a strong financial results for the first six months of the year ended June 30, 2019 and its profits soared by 27% to US$753.Acquisitions and growth in non-containerized revenue helped revenue climb to $3…

Klaveness' CLEANBU Switch from Wet to Dry Cargo

Aug 23, 2019

Norway-based shipowner Klaveness Combination Carriers (KCC) has undertaken a wet-dry cargo switch, marking a first for one of its CLEANBU combination carriers.The vessel transported a full cargo of petroleum products (CPP) from India to Argentina…

JAXPORT Acheives Record July

Aug 23, 2019

Jacksonville Port Authority (JAXPORT) announced that it has achieved its best ever July container volumes, with overall container movements increasing 19% compared to the previous July.More than 116,000 twenty-foot equivalent units (or TEUs…

DNV GL Launches Renewables Certification Ops in U.S.

Aug 23, 2019

With the U.S. offshore wind industry poised for rapid growth, DNV GL has established a Renewables Certification office in Medford, Mass., to meet the growing demands for certification services. While the U.S. is still a generation behind Europe in the exploitation of offshore wind energy resources…

Geest in Line for Portsmouth Return

Aug 23, 2019

Eastern Caribbean shipping firm Geest Line is returning to Portsmouth two years after relocating to Dover.The company moved its cargo handling operation to the Kent port due to scheduling difficulties at Portsmouth, which have now been resolved…

Panama Canal: Advisory to Shipping

Aug 23, 2019

All Shipping Agents, Owners, and Operators advised as to Scheduled Culvert Maintenance at Gatun Locks.Beginning at 0600 hours on Monday, August 26, 2019, until 0600 hours on Friday, September 6, 2019 (10 days), the center wall culvert of Gatun Locks will be out of service for scheduled maintenance…

CMA CGM will not use the Northern Sea Route

Aug 23, 2019

Ahead of the G7 meeting at Biarritz from August 24-26, French President Emmanuel Macron, accompanied by Economy and Finance Minister Bruno Le Maire, Minister of Labour Muriel Pénicaud, and Deputy Minister for the Ecological and Inclusive Transition Brune Poirson…

Frontline buys 10 Tankers from Trafigura

Aug 23, 2019

Frontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further four vessels later, the two companies announced on Friday.The deal will allow Frontline, which is controlled by Norwegian-born billionaire John Fredriksen…

Joe Toomy Rejoins Port NOLA

Aug 23, 2019

The former chairman of the Port of New Orleans Board of Commissioners Joe Toomy is rejoining the group.Gov. John Bel Edwards reappointed Joseph F. Toomy to the Board of Commissioners of the Port of New Orleans.Toomy was sworn in during today’s…

Waterford’s Tugboat Roundup Celebrates 20 Years

Aug 22, 2019

A modest event designed as a get-together for commercial workboat operators in upstate New York is now celebrating 20 years as a three-day community festival.On September 11, 1999, local resident John Callaghan had an idea to bring in some friends…

Baltic Index at 4-week Peak on Broad Support

Aug 22, 2019

The Baltic Exchange's main sea freight index rose to its highest in more than four weeks on Thursday, lifted by strong demand across all vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 57 points…

Missouri Plans Inland Container-On-Vessel Service

Aug 22, 2019

Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway…

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