Norwegean shipping company Grieg Star and investment management firm Maas Capital have established a joint venture for ownership of Supramax and Ultramax vessels.The new company is named GriegMaas AS, said the ship owner, manager and operator for over 40 open hatch and conventional bulk vessels…
Two Chinese shipbuilding companies have expressed intent to invest in the largest Philippine shipyard, debt-riddled Hanjin Heavy Industries and Construction Philippines, the Department of Trade Industry (DTI) said.Drowning in debt, the Philippine business of the Hanjin Group of South Korea…
Saudi Arabian shipping company Bahri said that its CEO Abdullah Aldubaikhi has been appointed to the board of directors of ITOPF, the world’s largest ship owner organization providing objective advice on effective response to spills of oil, chemicals and other substances in the marine environment…
U.S. offshore vessel owner Seacor Marine has acquired of three fast support vessels (FSVs) in exchange for the private placement of 603,872 shares of its common stock to domestic U.S. holders affiliated with the McCall family of Louisiana.The…
The major ports in India have recorded a growth of 3.77% and together handled 518.6 Million Tonnes of cargo during the period April to December, 2018 as against 499.7 Million Tonnes handled during the corresponding period of previous year.According to the press information bureau…
The Port Authority of New York and New Jersey will conduct the first test at a U.S. port of an electric vehicle to move cargo containers by the end of this year.According to a press release from the port authority, this initiative is to meet…
Significant efficiency steps can also be taken in the maritime sector regarding big data and artificial intelligence, said Port of Rotterdam.For instance, this technology is enabling the arrival times of vessels in sea and inland ports to be predicted earlier and with increased precision…
Ships are often disassembled on beaches by people who don’t wear any protective clothing or take any other safety precautions. One reason for this is that there still aren’t any globally agreed standards that shipping companies must adhere to…
Philippines fuel retailing firm Phoenix Petroleum said it won government approval to build the country’s first liquefied natural gas (LNG) import terminal in partnership with China National Offshore Oil Corp (CNOOC).The Department of Energy…
The New International Land-Sea Trade Corridor (ILSTC) and COSCO Shipping 'Hainan-ASEAN (Singapore)' Liner Route, co-hosted by Hainan Provincial People’s Government and COSCO Shipping, was launched at Hainan Yangpu Xiaochantan Terminal owned by Hainan Harbor & Shipping Holding…
Washington State partnered with DNV GL in late 2017 to develop the “Washington Maritime Blue” strategy for the sustainable development of the state’s $38 billion maritime industry. With that strategy now complete, the State unveils how it plans to achieve the vision of being home to a world-class…
The Norwegian shipping company Color Line operates the additional freight ferry “Color Carrier“ on the route Kiel – Oslo as of January 11th to increase its freight-carrying capability.On the occasion of its inaugural call, the Lord Mayor of Kiel…
The second of Crowley Maritime Corp.’s new combination container/roll-on roll-off “ConRo” ships - MV Taíno, one of the first of its kind to be powered by liquefied natural gas (LNG) - completed its maiden voyage to Puerto Rico on Friday morning…
Telenor Maritime’s Board of Directors has appointed Lars Erik Lunøe as CEO of Telenor Maritime. He will take up his new role as of February 1, 2019.Lunøe has extensive national and international leadership experience from the maritime sector…
Sea States, a new documentary film on the importance of the shipping industry is currently under production by Third Wave Films. Endorsed by the Connecticut Maritime Association, and the Marine Industry Foundation, the film is being funded by key stakeholders in the maritime community…
