Ship Finance International Limited (SFL) informs it has agreed to acquire four large container vessels in combination with long-term time-charters to a leading container line.The vessels are modern eco-design built in 2014 with approximately 14…
Hull to Hull (H2H), an EU-funded research project established to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects, is in its Concept Definition phase and will move on to the…
Rudi van Niekerk has been tapped as the new Managing Director of GAC Nigeria, charged with the continuing development of its core shipping and liner agency business and building on four decades' operational presence in the country.Prior to his appointment…
Dry bulk ship owner and operator Oldendorff Carriers has become a member of the Sustainable Shipping Initiative (SSI), a coalition of global shipping industry companies working toward a more environmentally sustainable maritime industry.Oldendorff joins other SSI members…
European Union institution the European Investment Bank (EIB) has renewed its partnership with French port Marseille Fos under a €50 million funding agreement to support five key development projects.The projects, which require a total investment of €136 million…
Container shipping: Change required for higher ratesDemandThe growing imports of loaded containers into the U.S. East Coast (USEC) continues to be a focal point for the container shipping industry. Growing by 10.4 percent in Q1-2018, the first three months saw 215…
John “Jack” J. Gallagher, a maritime industry veteran and environmental services pioneer, passed away on Monday at the age of 89.Jack’s greatest professional passion was his work as a Spill Manager/Qualified Individual, a role in which he had few peers…
The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods…
Japan's overall steel exports in April fell 5.5 percent from a year earlier to the lowest in nearly nine years, but exports to the United States rose 11.7 percent as more semi-finished products were shipped, the Japan Iron and Steel Federation said on Thursday…
d’Amico Group will build a new fleet digital operating center in Rome, Italy that will help the dry cargo and tanker shipping company to boost efficiency and safety across its fleet through increased collection of performance details and data from its ships…
Increased scrapping of older oil tankers and the potential for higher output of OPEC crude are likely to boost vessel demand and thus rates, Oslo-listed shipper Frontline said on Thursday.The company reported a first-quarter operating profit of $2…
Liquefied natural gas (LNG) tanker Stena Blue Sky is due to arrive at the Dutch port of Rotterdam on June 7, Reuters shipping data showed on Thursday.The tanker has a capacity of about 144,000 cubic meters of gas.(Reporting by Susanna Twidale; Editing by Dale Hudson)
Malaysia's state-owned oil and gas company Petroliam Nasional Bhd said on Thursday it is buying a 25 percent stake in a Canadian liquefied natural gas (LNG) export project, nearly a year after cancelling its own planned terminal.The company…
U.S. Coast Guard Commandant Adm. Paul F. Zukunft will be relieved by U.S. Coast Guard Atlantic Area Commander Vice Adm. Karl L. Schultz on June 1, 2018, at 1100 hours at U.S. Coast Guard Headquarters in Washington, D.C. Homeland Security Secretary Kirstjen M…
The word has been passed that long tenured and much loved and respected SUNY Maritime Professor James 'Jim' McKoy has passed away after a long illness. SUNY President RADM Michael Alfultis told MarineNews this morning, 'He was an outstanding teacher and he will be sorely missed…
