Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue contracts since the beginning of the year to 24…
Germany's Kühne Logistics University (KLU) and the container shipping giant Hapag-Lloyd announced the launch of the Hapag-Lloyd Center for Shipping and Global Logistics (CSGL) in Hamburg.According to the University, in Hamburg CSGL will promote…
CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic. CEVA will remain an independent and standalone listed company. This…
Scorpio Bulkers announced that it has entered into a time charter-out agreement one of its Ultramax drybulk carriers for a period of between five and seven months.The provider of marine transportation of dry bulk commodities said that the 64…
ChartCo and Klappir Green Solutions signed partnership agreement where the companies will market digital logbooks and software solutions for the global commercial maritime sector, within the ChartCo OneOcean platform. These will focus on the provision of reporting…
Intermarine UK has named former A&P Falmouth procurement manager Mark Bowden as its new production manager.Bowden will be in charge of day-to-day operations at the company’s newly opened 2,400sqm fabrication and welding facility at Portland Port in Dorset…
The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million…
Dutch dredging Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection.A press release from the global services provider operating in the dredging, maritime…
The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has been called off.A stock exchange announcement from the Bermuda-based company said: 'The contemplated business combination…
The state-of-the-art DPS i-Series Differential Positioning System has won the ‘Innovative Dredging Technology of the Year’ category at the Dredging and Port Construction Awards 2018.The judges highlighted the unique system as a powerful tool…
Marine software and platform companies ShipNet and ShipMate announced a strategic exclusive partnership to provide advanced workflow capabilities for crew management and payroll solutions integrated with safety management, planned maintenance services (PMS) and procurement solutions…
DSP Data and System Planning successfully supported the transition of DP World Prince Rupert Terminal, the second largest container terminal in Canada, to the NAVIS N4 terminal operating system (TOS).Prince Rupert selected Navis N4 to improve efficiency…
Ocean Network Express (ONE) announced the further expansion of its Asia - east coast South America service as a follow-up to the earlier announcement detailing the expanded cooperation with Hapag Lloyd.A week ago, ONE announced the expansion of its Asia-South America service…
The Batangas International Port or locally known as the Batangas Pier in Philippines said that Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI), has continuously stepped up its role as international trade facilitator in Calabarzon (Cavite…
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future…