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…
Mercy Ships Cargo Day, an annual event established by the worldwide shipping community in 2016, has announced a $1 million target goal for 2018.The event, held Oct. 3, provides the opportunity for the shipping and trading community around the…
The Port of Long Beach is continuing to outperform 2023 clean air goals for diesel particles and sulfur oxides, even while cargo volumes have jumped to record levels, according to a comprehensive study of Port-related air pollution emissions…
HullWiper Ltd’s underwater hull cleaning technology is marking a successful first month of operations at the Port of Townsville, Australia, with initial contracts already secured following its July 2018 launch. HullWiper’s Remotely Operated…
In shipping, the team with the best documentation always wins. Today, for many stakeholders, that increasingly means employing SEDNA’s E-mail software platform for myriad projects.Bill Dobie is Founder and CEO of SEDNA with over 20 years of…
Schottel appointed Stefan Kaul as Chief Executive Officer (CEO) & President Industrial Operations. The appointment follows the departure of Dr Christian Strahberger who has decided to leave the company after holding the top spot for about two years…
ABS announced it has issued the first “Concept Verified” Statement of Maturity to Stress Engineering Services (Stress) for its riser CBM program using Real Time Fatigue Monitoring System (RFMS) with Subsea Vibration Data Logger (SVDL) technology…
Port of Antwerp reached a new milestone with the introduction of a fully automatic sounding boat that employs unique technology. The vessel, named the Echodrone, is a prototype that is currently being developed to supplement the other operational sounding boat…
