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.
Supply and Demand in the bulk transport sectors will define the course line ahead. Less ships and more cargo will be the key.The drybulk sector – where iron ore, coal, grain and other raw materials dominate – is still wrestling with a decade…
A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming…
Vessels today have the capability to gather information and data from a wide variety of sources. This data can inform the crew about the impact of acceleration on the hull, provide updates on lubrication use during slow steaming, and use dynamic…
Naval architect KNUD E. HANSEN reports it has signed a contract with Chinese shipbuilder Nanjing Jinling Shipyard to develop the basic design of a number of large RoRo vessels, based on a Grimaldi/KNUD E. HANSEN concept.The new vessels, the first of which is expected to be delivered in 2020…
A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group, ship management company Oceangold Tankers and investor Maas Capital.The three partners hold an equal share in the new company…
On May 19, 2018, the new build chemical tanker “Fure Vinga” bunkered LNG for the first time in Europe, receiving 120 tons of LNG in a truck-to-ship operation in the port of Cartagena. In total, 6 trucks of LNG were brought to the Spanish port and transferred to the vessel…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight session on Tuesday, dragged down by lower demand for capesize vessels.The overall index, which factors in rates for capesize…
