Wallem Ship Management has been appointed to manage Sanasia’s new pure car/truck carrier (PCTC )vessel, currently under construction and to be delivered next year.Wallem said it was first choice for Sanasia thanks to a relationship which goes…
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years…
Cavotec shore power systems are helping ports in Canada make substantial reductions in cruise and container ship emissions, with the Montreal Port Authority (MPA) recently reporting that its shore power initiatives are expected to reduce greenhouse gas emissions by some 2…
Global demand for maritime shipping picked up last year, but the pace was still below the historical 3 percent average and continued to lag behind supply, keeping freight rates and earnings low in most segments, a new UNCTAD report says. The…
Nordic American Tankers Limited (NAT) has announce that it has signed the main terms with a major international financial institution for the financing of the outstanding commitments, due on delivery, for the three Suezmax newbuildings to be delivered during the latter part of 2018…
The world’s biggest specialized vessel to import liquefied natural gas (LNG) is scheduled to be operational in November to contribute to Turkey's energy supply security, Bloomberg reported. The MOL FSRU Challenger, as long as the Eiffel Tower…
The question of how to manage emergency preparedness and response in the oil and gas sector was on the agenda at a workshop in Zanzibar, United Republic of Tanzania (17-20 October). Participants from countries across the East Africa region…
Noatum Terminal Castellon, part of Spanish port operator Noatum Maritime, has added another Konecranes Gottwald Mobile Harbor Crane to its fleet. The Model 6 machine was put into operation in May in Castellon, where it handles mainly bulk but also a number of other cargo types…
Norway-based Havila Shipping ASA has entered into agreements for sale of the AHTS vessels Posh Vibrant and Posh Virtue. The vessels are expected delivered to new owner during first part of November. Following the sale it is expected that…
Hess Corporation has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “This sale is a further step in…
Bulgarian ship owner Navigation Maritime Bulgare (Navibulgar) confirmed the building of another two high-efficiency up-to-date 45000t bulk carriers. This deal is a continuation of the contract for four + two newbuildings of DWT 45 000 t…
DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with gross container volumes growing by 10.0% year-on-year on a reported basis and 9…
The latest passenger ferry constructed by Gladding-Hearn Shipbuilding for Massachusetts Bay Transit Authority signals a milestone delivery for marine design firm Incat Crowther. The 27-meter catamaran Champion marks the 500th vessel designed by Incat Crowther…
Vopak, the world's largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes. 'The new concurrent…
The automaker wants the Federal Maritime Commission to order payments from Wallenius Wilhelmsen Logistics AS and its sister company EUKOR Car Carriers Inc, Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K. Lines Ltd, Compania Sud Americana de Vapores…
