Major overhaul of the towing and supply vessel 'Andoga' belonging to the Caspian Sea Oil Fleet of the Azerbaijan Caspian Shipping Company has been completed, said a press release. The main engines, main and reserve pumps, pipeline systems…
Antwerp and Dakar port authorities are to collaborate more closely in the next few years. In this way Antwerp, the second-largest port in Europe, seeks to reinforce its historic position as leader on the coast of West Africa. The Senegalese…
Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group, in partnership with Drewry…
Lloyd’s Register has teamed up with maritime software provider Hanseaticsoft to help bring efficiency to ship management processes. Hanseaticsoft’s cloud-based ship management software Cloud Fleet Manager brings efficiency to shipping companies’ process management…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained nearly 1 percent to rise for a third straight session on Friday, driven by firmer rates for capesize vessels. The overall index…
Grand Bahama Shipyard announced today that its acting chief executive officer David Skentelbery will assume the role of CEO following approval from the ship repair yard’s board of directors. Skentelbery has been with the company since January 2016…
Evergreen Launches New Electronic Documentation Function in Partnership with Bolero International. Evergreen Line introduces paperless Bill of Lading (B/L) and dispatch documentation via its ShipmentLink digital portal, enhancing connectivity for exporters and importers with banks…
Deltamarin Ltd has signed a contract with Chinese Guangzhou Shipyard International Co, Ltd (GSI) for consultancy and engineering services for the DFDS ro-pax ferries. Deltamarin earlier carried out contract design of the ship concept for GSI in cooperation with the owner…
Partners in an initiative to cut air pollution and protect whales have announced results from the 2017 program and publicly recognized the 11 shipping companies who participated, reducing speeds to 12 knots or less in two regions. For the…
Logistec Corporation announced the expansion of its network of terminals through the strategic acquisition of Gulf Stream Marine. This transaction will allow Logistec to establish a stronghold in the U.S. Gulf, strengthen its position in a high-growth market in the United States…
Cash-strapped shipbuilder Triyards Holdings Limited has received a termination notice for a chemical tanker design and construction deal. The Singapore-based yard group said after Thursday trading hours that its subsidiary Saigon offshore…
United Arab Emirates-based maritime conglomerate DP World has announced that Ethiopia will become a shareholder of the Port of Berbera in Somaliland, a crucial site for Middle Eastern trade, strategically located along the oil route. As the biggest shareholder of the port of Berbera…
Diana Containerships announced that it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell to an unaffiliated third party the m/v Sagitta and the m/v Centaurus, each a 2010 built containership for $12…
UK-based containership charter owner Global Ship Lease announced that it has agreed to acquire a 2005-built, 2,800 TEU containership for a purchase price of USD 11.3 million. Following delivery, which is expected to be during the second quarter of 2018 once the existing charter terminates…
Just a day prior to the South Carolina Ports Authority's celebration of the beginning of Charleston Harbor Deepening Project construction, the port welcomed two new ship-to-shore cranes at the Wando Welch Terminal to further enhance the handling of neo-Panamax vessels…
