V.Group, the leading global marine and offshore vessel management and support services provider, has announced the launch of its groundbreaking Fleet Cell of the Future, a prototype for the future of technical management and marine support services…
India's three major ports, including Paradip in Odisha, may acquire a stake in Dredging Corporation of India (DCI) based on availability of surplus funds lying with them.'In a meeting chaired by Secretary (Shipping) with Chairmen/Chairmen I/C of Major Ports…
Scorpio Bulkers announced that it has received a commitment from Nordea AB (publ), acting through its New York branch, and Skandinaviska Enskilda Banken AB (publ) for a loan facility of up to $184.0 million.The loan facility will be used to…
The Long Beach Board of Harbor Commissioners is scheduled to vote Monday, Aug. 13, on a proposal by Toyota Logistics Services to reconfigure its facility at Pier B and build a renewable fuel-cell power plant and hydrogen fueling station.The…
The merger of Orient Overseas (International) Limited (OOIL) and COSCO Shipping Holdings offers can effectively combine the respective strengths of both and optimize our global network, thereby achieving greater economies of scale and synergies…
Seafarers’ House has announced that Peggy Nordeen, CEO of Starmark International, Inc. has been selected as Seafarers’ House 2018 South Florida Business Leader of the Year.Nordeen will be honored at the 23rd Annual South Florida Business Leaders’…
Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking relief from damages incurred through the bunkering of off-spec fuel oil in 2016, reports Arabian Industry…
DP World, the fourth biggest port operator globally, issued a response saying Djibouti’s refusal to acknowledge a London Court of International Arbitration ruling demonstrates that the government did not “recognize the international rule of law…
The new CEO of the Port of Newcastle, Craig Carmody, committed the Port of Newcastle to developing a world-class container terminal to boost jobs and business opportunities in the Hunter region and dramatically reduce the number of trucks on…
Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9. The FSRU is scheduled to be delivered in the fourth quarter of 2018. The facility…
Thun Tankers will strengthen the existing fleet with m/t Wisby Teak, said a press release from the company.The Wisby Tanker owned vessel will enter the Gothia Tanker Alliancea leading European tanker network for coastal tankers, with immediate effect and be commercially managed by Thun Tankers…
Star Bulk Carriers Corp. announced that it has consummated the previously announced acquisition of 16 dry bulk vessels in an all-share transaction, from entities affiliated with Augustea Atlantica SpA and York Capital Management.The final consideration for the Augustea Vessel Purchase is 10…
GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management System certification, demonstrating its ability to provide quality warehousing, distribution and value-added services of medical devices that meet the high standards of the sector and the regulations that govern it…
IMTRA, manufacturer and importer of solutions and products for the marine, energy and transportation markets, has announced new hires and promotions. The company has hired Brad Norton and Van Noorden and promoted Kinder Woodcock and Nate Cabral…
Transhipment in the North Sea Canal Area at the seaports Amsterdam, IJmuiden, Beverwijk and Zaanstad declined to 49.4 million tonnes in the first half of 2018, a decrease of 5.1%. The Port of Amsterdam saw transhipment fall by 4.8% to 40.2 million tonnes…