Effective August 13, 2018, Alfred Verzijl joins Danish engineering and software firm Logimatic as Regional Manager of the Singapore office as a part of Logimatic’s international growth strategy. Stepping up the expansion of the fleet management…
The U.S. State Department on Thursday called on Russia to cease what it called 'harassment of international shipping' in the Sea of Azov and Kerch Strait, accusing Moscow of trying to destabilize Ukraine.'Russia's actions to impede maritime…
The GAC Group has appointed industry veteran and current Chair of the Swedish Shipbrokers Association, Johan Ehn, as Managing Director of its operation in Sweden. Ehn started his career in shipping in 1989 when he joined Swedish Maritime AB…
Foreship has appointed Viktor Gingsjo as Head of Project Management Services – a newly-created post that reflects a significant rise in demand for this aspect of the leading naval architect and engineering company’s services.The new role, effective from September 1…
Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped on Thursday, pressured by weaker demand for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax…
There is less than 18 months to go until the International Maritime Organization’s (IMO) global 0.5 per cent sulphur cap comes into force. From the 1st of January 2020, the marine landscape will dramatically change and many questions still remain unanswered…
The U.S. economy shows signs of extending its nine-year expansion with the help of tax cuts and strong business and consumer confidence.Both the longevity of the expansion and the apparent limited slack in the labour and product markets suggest…
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…
China Harbour Engineering Company (CHEC) began the main phase of the construction of a new terminal basin in Sokhna Port south of the Suez Canal northeast of Egypt, said he state media Xinhua.According to the report, the project was assigned…
Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project, 56 on wind turbine foundations and two on the offshore substation…
Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The contract reflects a growing requirement for deep technology integration on drilling platforms and ships…
Canadian Foreign Minister Chrystia Freeland said on Wednesday she remained optimistic about progress on negotiations with the United States over a revamp of the North American Free Trade Agreement, but said there was a 'huge amount of work to do…
Quality Liquefied Natural Gas Transport, LLC (“Q-LNG”) announced its further commitment to support the cruise line industry and its liquefied natural gas (“LNG”) marine fueling needs by executing a letter of intent (“LOI”) with VT Halter Marine…
Capesize rates marked its lowest in 7-weeks as the Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday.The overall index, which factors in rates for capesize, panamax and supramax vessels…
Broward County’s Port Everglades will receive more than $2.25 million in U.S. port security grants to advance firefighting capabilities and enhance the seaport’s security infrastructure.The FY 2018 Port Security Grant Program (PSGP) awards were announced on Friday by the U…
