The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near 5-month high on Thursday, driven by stronger demand across vessel segments.The overall index, which factors in rates for capesize…
Marine fuel and lubricant trading firm Glander International Bunkering has made three internal promotions in its Dubai office: former sales manager Morten Langthjem will take on a new role as managing director; Alex Margaritis, former team leader and senior bnker/lubricant trader…
The Cruise Lines International Association, has released the findings from two new reports about the Asian Cruise market. The first, 2017 Asia Cruise Trends, is a comprehensive analysis of the cruise industry within Asia. The second, the 2016 North Asia Economic Impact Study…
North P&I Club has announced details of a new benefit for members to encourage them to better understand their vulnerabilities to cyber-risk and to improve their cyber-security processes and systems. From today, North P&I members can receive a 20% discount on evaluation platform…
German shipping group Rickmers, which filed for insolvency in June, said on Thursday its ship management unit had the all-clear to continue business after it was bought by Bremen-based Zeaborn Group and owner Bertram Rickmers.The company…
Dust explosion incidents are immediate releases of small particles (i.e. chemicals, metal dusts) in large volumes. Such incidents can have devastating effects both in terms of harm to people and the facilities involved. DNV GL and Gexcon have…
Toyota Material Handling, U.S.A. (TMHU) said it has promoted Tom Lego and Scott Redelman to its national management teams. Tom Lego has been promoted to national manager of training and the customer center, where he will spearhead all TMHU training initiatives and oversee the Customer Center…
Japan's shipper giant Kawasaki Kisen Kaisha (K Line) and Kawasaki Kinkai Kisen Kaisha (K Line Kinkai) will work on a joint study for what would be Japan’s first LNG-powered ferry. 'K Line Kinkai and K Line) have agreed to work on joint…
Navy installations throughout Florida are preparing for heavy weather as Hurricane Irma approaches South Florida. Commander, Navy Region Southeast, Rear Adm. Bette Bolivar, directed the evacuation of non-essential personnel and family members from Naval Air Station Key West…
Port Manatee has been awarded a $946,950 federal security grant, enabling the Central Florida Gulf Coast port to double the number of outbound lanes at its main gate to securely accommodate increasing cargo volume. “With Port Manatee’s dynamic growth in containerized cargo activity…
Royal Boskalis Westminster N.V. said its wholly-owned subsidiary Dockwise has recently been awarded a number of marine transport contracts with a combined contract value of approximately $50 million. Dockwise was awarded a contract by Husky Oil Operations Ltd…
Reacting to the latest Oil and Gas UK Economic Report, to be published on Wednesday 6 September, Graham Hollis, Senior Partner for Deloitte in Aberdeen, said: “A cautious optimism has returned to the industry, as it weathers the storm of the past three years…
South Korean shipbuilding industry has surpassed China in three months and reached the top of global monthly shipbuilding orders. A report in Yonhap said that South Korean shipyards recaptured the No. 1 position in new orders worldwide in August amid a plunge in overall numbers…
Hyundai Merchant Marine (HMM) announced that it has signed a formal contract with Daewoo Shipbuilding & Marine Engineering (DSME) for construction of five 300,000 dwt Very Large Crude Carriers (VLCC) with an option of five more vessels. HMM’s…
Currently, the Danish Maritime Authority is in the process of approving test providers and issuers of certificates for yachtsmen. The approval is made in accordance with new regulations that entered into force earlier this year. These provisions…
