APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
During the testing phase of the new Pacific locks for the Panama Canal, some water seepage was detected in a specific area of the new Pacific Locks in a section that separates the middle chamber and lower chamber, as they were being stressed…
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today reported that the previously announced sale of the 2001-built Panamax container vessel “Cap Domingo” will not proceed. As announced on July 28…
Spectrum ASA entered into a Multi-client master co-operation agreement with the federal government of Somalia during a signing ceremony on September 5th at the SYL Hotel, Mogadishu.The agreement allows Spectrum to acquire approximately 28…
Richard Benzie has been appointed Technical Director of the International Marine Contractors Association (IMCA) to replace Jane Bugler who retires at the end of this month after 18 years in the role. Benzie will join IMCA in the near future…
Thrustmaster of Texas, a designer and manufacturer of marine thruster systems, has appointed Bart Vonk as Sales Manager of Thrustmaster Middle East FZE, based out of Dubai. Vonk's background is in technical solution sales, having worked as a sales engineer…
Piracy and armed robbery against ships, corruption and illegal trafficking are well-known maritime security challenges. Now it is time to find solutions. On Tuesday, October 6, an international conference organized for the second year in a row by the Danish Shipowners’ Association…
The International Bunker Industry Association (IBIA) is working with the government of Mauritius to host a Forum examining business opportunities linked to the island’s development as an international bunkering supplier and hub. Mauritius…
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment…
From 1 October, a new regulatory amendment will come into effect which requires cruise ships calling to use low sulphur fuel (01% of less) while berthed in Sydney Harbor.A second stage of the amended regulation, which will require the use of low sulphur fuel (0…
The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe.At Donsö Shipping Meet 2015, the Minister for Infrastructure…
The Global Marine Technology Trends 2030 report released today indicates that: * Momentum and capability for a significant evolution in ship design and operation is now building – the report presents design scenarios for commercial ships…
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification.The Aberdeen-based academy…
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
The UK P&I Club one of the leading shipping protection and indemnity mutual insurers, has awarded Tobias Rennekamp the Robin Travis Scholar for 2015.Tobias will spend three months in the Thomas Miller London office and the offices of selected lawyers…