At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training…
Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrook, Texas, for holders of ICE's Permian West Texas Intermediate (WTI) crude futures contracts…
For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history.A press release form PoLS…
Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the majority shareholder…
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues…
Danish international shipping and logistics company DFDS announced that the exceptional uncertainty on the outcome of Brexit is currently reducing UK trade and visibility.Uncertainties surrounding Brexit made the world's leading ferry operator…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation reported a consolidated revenues of about NTD 40.4 billion (USD 1.3 billion) for the second quarter of 2019, up 20.24% compared to the same period of prior year.Business volumes increased by 5% year-on-year to 1…
Wallem Group is introducing collaborative inboxes to its agency business line, in a move designed to enhance responsiveness in communications by overcoming the limitations of conventional end-to-end email. The rethink on how communication takes…
The St. Croix County Sheriff’s Office in Hudson, Wisconsin, earlier this summer took delivery of a Lake Assault Boats rigid hull inflatable boat (RHIB). The new boat enhances the office’s patrol capabilities and water-based emergency rescue operations on a 27-mile stretch of the St…
Trelleborg’s marine and infrastructure operation has been awarded a contract to install its rope-free automated mooring system, AutoMoor, at the Old City Harbor at the Port of Tallinn, which is the biggest harbor in Estonia and one of the busiest passenger harbors in the world…
Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group, opened its new premises at a ceremony held in Cape Town. Veecraft Marine has manufactured more…
The editors of Marine Technology Reporter are pleased to share that Admiral Karl Schultz, Commandant, USCG is #2 in the 14th Annual 'MTR100'. The full print and electronic edition of Marine Technology Reporter will be available shortly. Until then…
Liberty Global Logistics LLC (LGL) announced today that Robert G. (Bob) Wellner, its current President, will retire effective December 31, 2019. Mr. Wellner is a widely respected industry veteran with more than 46 years of experience in the U…
International Container Terminal Services, Inc. (ICTSI) is selling its 30% stake in a company that operates the Motukea Port, Papua New Guinea.According to a stock exchange announcement, ICTSI South Pacific Ltd, a subsidiary of ICTSI, has entered into agreements with Noho-Mage Holdings Ltd…
Norwegian/Swedish shipping company Wallenius Wilhelmsen’s role in developing the pioneering Ship Recycling Transparency Initiative has been recognised with another award from the automotive sector, as efforts to improve vessel recycling practices step up a gear…