NAPA, a maritime software, services, and data analysis provider, has announced the appointment of Tor E. Svensen, Vice President, Marine Technology at Royal Caribbean Cruise Lines to its board. Svensen has previously served as CEO of DNV GL Maritime…
Turkish Shipowners Ballast Water Treatment (BWT) Group has signed a fleet agreement for Alfa Laval PureBallast 3 systems, valued at approximately $22 million. Alfa Laval’s comprehensive offering in ballast water treatment, especially when it comes to service…
Fednav Limited has announced that it has entered into a Development Services Agreement with CargoMetrics Technologies LLC, a maritime innovation company.Under this agreement, the two companies will work in collaboration to build systems and tools to optimize Fednav’s dry bulk fleet…
As North America’s larger ports continue to increase capacity, dredging and air drafts are receiving the attention they deserve. As bigger post-Panamax boxships begin to arrive, none of that means anything unless truck turn times and TEU moves per hour can be improved…
German container shipping company Hapag-Lloyd has decided to implement a global vessel risk surcharge (VRS) following recent maritime incidents in the Gulf of Oman.The container line said that operating costs for its services have increased…
The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments.As per the unsecured credit facility agreement, the EIB will finance up to…
Cimco Marine AB, the maker of OXE Diesel, the world's first diesel outboard engine in the high-power segment, announced that Per Wigren has been appointed chief technology officer (CTO).The Swedish company said that Per Wigren assumed the role of CTO at Cimco Marine AB on July 1…
South Korea’s Hanjin Heavy Industries & Construction Co. Ltd. (HHIC) has partnered with Yuchengco group-led construction firm EEI Corp in Philippines.In a stock exchange announcement, EEI said that it formed a partnership with HHIC for upcoming construction projects…
Azerbaijan Caspian Shipping Company (ASCO) has hosted a meeting with the guests from the United States of America.The meeting was attended by Robert Sekuta, former US Ambassador Extraordinary and Plenipotentiary to Azerbaijan in 2015-2018, former Read Admiral Ron MacLaren…
Estonian shipping company Tallink Tallink Grupp has borrowed EUR 197.6 million to finance the new EUR 247 million LNG powered fast ferry currently under construction in Rauma Marine Constructions Oy.The loan agreement was concluded between AS Tallink Grupp subsidiary Tallink Superfast Ltd…
Italian container terminal, intermodal & logistics operator Contship Italia Group has appointed Alfredo Scalisi as the new General Manager of its flagship container terminal at La Spezia. His appointment was effective on July 1, 2019.Scalisi will report directly to Group President Mrs…
Little Miss Sunshine and South Craneolina have joined the ranks of South Carolina Ports Authority’s cranes — thanks to the creativity of two Greenville County elementary students. Haven Ebel and Jack Sibley-Jones, both fifth graders at Blythe Academy of Languages in Greenville…
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter…
Gibbs & Cox announced the appointment of Vice Admiral Nanette DeRenzi to their Board of Directors. Vice Admiral Nanette DeRenzi retired from the Navy in 2015. She was the 42nd Judge Advocate General (JAG) of the Navy, serving as principal…
A major Port of Oakland tenant projects big air quality gains from a three-month-old emissions reduction program. SSA’s Oakland International Container Terminal said its $6 million conversion to hybrid yard cranes would cut greenhouse gas emissions 96 percent…