Compared to new technologies, conventional engineering in shipping is a relatively simple science: computable and generally predictable. However, heavy lift shipping presents challenges that go far beyond what is required with standard unitized cargoes…
Singapore’s home-grown container haulage start-up Haulio has raised S$1m in seed round investment, led by PSA unboXed together with 500 Startups, NUS Enterprise and several logistics industry angel investors in May 2018. This seed funding comes after their previous pre-seed round of S$75…
Libya has exported its first shipment of propane gas from the eastern port of Zueitina to Italy for four years, the National Oil Corporation (NOC) said on Wednesday.The cargo of 67,761 barrels was shipped on May 20 after a four-year stoppage at Zueitina's gas plant…
Xeneta is moving to accelerate the growth of its North American operation with the appointment of Florian Dussler as General Manager and VP Sales, Americas.Dussler, previously VP Americas for logistics software firm Transporeon, will head…
Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group (Damen) have joined forces to introduce a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market using a Damen FCS 7011. The solution looks to…
China welcomes high-quality and competitive products made by the United States to enter its market, the commerce ministry said on Wednesday. Both China and the United States will seriously implement a deal reached in Washington, including the purchase of farm and and energy products…
Navis, a part of Cargotec Corporation, announced that DP World Jeddah has upgraded from Navis SPARCS to N4 3.5 terminal operating system (TOS). The implementation of the updated TOS is a move by the terminal to leverage the latest technology…
The environmental ambitions of the politicians in Hordaland were very high when it came to cutting emissions from ferry operations. A tender for new ferries, supported by DNV GL, resulted in a record investment of 140 million euros in zero-emission technology…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross charter rate is US$17…
A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…
Marine electronic equipment provider Actisense has undergone an internal reorganization. Danny Thrasher, Head of Sales & Operations, has taken on the newly created role of Head of Sales & Marketing. Additionally, Mark Pay former Operations Supervisor…
GRUPO ETE enabled the largest Portuguese clinker export ever, to its client Cimpor - an InterCement company – by concluding the loading of 55,902 metric tons on the bulk carrier Vinayak, bound for Ghana.This export operation, completed in a record time…
Tymor Marine hired Matthew Heyman as Business Development Manager. Heyman has more than 20 years maritime industry experience with companies including Wilhelmsen, Maersk and Stena, in the UK, Europe and Australasia.Tymor Marine is a UK…
Britain's Inmarsat will lose its monopoly in maritime safety communications after the International Maritime Organization gave Iridium and China's BeiDou Navigation Satellite System the green light to develop competing systems.Inmarsat's shares fell as much as 14 percent after U…
Trade association International Marine Contractors Association (IMCA) announced that Iain Grainger is its new President and Chairman of the Board. Grainger, Vice President Commercial at McDermott, takes over from Harke Jan Meek.Pieter Heerema from Allseas becomes the new Vice President.