Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed a contract with Edison SPA, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods…
Shipping major AP Moller-Maersk Group's export-import (exim)-focused trade finance arm Maersk Trade Finance is targeting a 33 percent loan disbursal growth at $200 million in 2019 in India.The trade financing solution arm of Danish business conglomerate said that it disbursed a total of USD 0…
Exploration travel and cruising company Hurtigruten said it has appointed John Downey as President for the Americas, based in its Seattle regional headquarters.Downey is charged with driving sales and profitability across the U.S., Canada, and…
ChartWorld has launched its My Route Appraisal (MyRA) digital routing service. The MyRA concept is built around the digitization and automation of voyage planning procedures, freeing up the bridge team to concentrate on route approval, execution and monitoring…
US exports of crude oil have, since August 2018, continued to rise every month, with a new record high in January of 9.6 million tonnes. Exports rose in January on the back of increased sales to Europe, which rose from 2.7 million tonnes in December to 4…
The technology group Wärtsilä has launched its RS24 high resolution radar, the world’s first commercially available K-band maritime radar. By detecting far smaller objects and at a much higher radar resolution than conventional S or X-band radars…
Russian President Vladimir Putin on Tuesday invited foreign investors to take part in the construction of port infrastructure in Murmansk and Petropavlovsk-Kamchatsky that would serve the Northern Sea Route.Speaking at an Arctic forum in the Russian city of St Petersburg…
Dutch oil and chemicals storage company Royal Vopak has agreed to sell three terminals - Algeciras, Amsterdam and Hamburg - to First State Investments for 723 million euros ($812 million).'This divestment follows the strategic review of these terminals as announced on 17 August 2018…
The American Bureau of Shipping (ABS) has launched a Global Sustainability Center in Singapore as s decarbonising shipping becomes mission critical for the industry classification society.The ABS Global Sustainability Center's mission is to help maritime transition to a sustainable…
The Gothenburg Port Authority launched a digital solution designed to make bunkering at the Energy Port easier and more efficient.The new ‘Bunkering App’ is one of the first in the world to offer this range of functionality, said a press release from the largest port in the Nordic countries…
The global container shipping company CMA CGM Group and maritime lawyer Gina Lee-Wan, Partner and Co-Head of Maritime and Aviation Practice at Allen & Gledhill, recognised at Singapore International Maritime Awards 2019.'CMA CGM and Mrs Gina…
The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) signed a joint memorandum of understanding in Singapore.The new MOU codifies the extensive level…
A new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange (EIC) between ships and ports took effect from Monday (8 April 2019).The aim is to make cross-border trade simpler and the logistics chain more efficient…
UK-based in-tank ballast water treatment systems (BWTS) manufacturer Coldharbour Marine said on Monday it has appointed Don Stephen as Chief Executive Officer.With over 30 years blue chip industry experience, Stephen's career spans technical and leadership roles at De Nora Water Technology…
The Georgia Ports Authority (GPA) in the USA has ordered a fleet of 20 Konecranes RTGs for the Port of Savannah, Georgia. When these cranes are operational, the Port of Savannah will operate a total of 178 Konecranes RTGs. Konecranes booked the order in the first quarter…
