Hapag-Lloyd shareholders approved all items on the agenda at today’s Annual General Meeting. In particular, the shareholders approved the creation of new authorised share capital. This is to be used for a planned capital increase of USD 400 million…
Norwegian ship yard Fjellstrand AS has signed a contract with Norwegian ferry operator Fjord1 for the building of a new ZeroCatTM 120 car ferry. The full electrical ferry has been developed by Fjellstrand, and the new vessel will be presented…
DNV GL held it’s traditional press conference at the Nor-Shipping trade fair today. This year, the event took place on the Vision of the Fjords, a DNV GL-classed carbon fiber hybrid ferry. The content showcased DNV GL’s innovative vision…
SKF has extended its BlueMon environmental monitoring and mapping system to meet the maritime emission requirements of MARPOL 73/78 Annex VI. As the number of Emission Control Areas (ECAs) grows, and limits become stricter, ship operators…
Vard Holdings Limited (VARD), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that the contract for the design and construction of one krill fishing vessel for Aker BioMarine in Norway has been confirmed…
DNV GL has honoured three engineers for their scientific research with the DNV GL Award for Young Professionals. Presented by DNV GL – Maritime CEO Knut Ørbeck-Nilssen, the award is designed to find innovative ideas for increasing safety…
Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants. According to a report on Nikkei, MOL is looking…
The Ruia brothers-led Essar Shipping Limited (ESL) of India has added a Panamax vessel of 74,005 Deadweight Tonnage (DWT) to its fleet of vessels. With this new induction, Essar Shipping now has a fleet of 14 vessels that include VLCCs…
The Charleston Harbor Deepening Project was named one of six “new starts” and received $17.5 million in construction funding in the U.S. Army Corps of Engineers (USACE) Fiscal Year 17 Work Plan released today, allowing construction on the project to begin this fall as scheduled…
Alfonso Castillero has been appointed Chief Commercial Officer (CCO) of the Liberian International Ship &Corporate Registry (LISCR), the US-based manager of the Liberian Registry. Alfonso will be responsible for managing the development…
International Container Terminal Services (ICTSI) subsidiary Lekki International Container Terminal Services LFTZ Enterprise (LICTSE) has given up on its Nigerian port project due to delays in its execution, reports Nikkei. LICTSE and Lekki…
South Korea's Sungdong Shipbuilding won an order for seven mid-sized tankers, including two as an option, from a Greek shipowner, reported Korea Economic Daily. It has been more than one year that the Korean mid-sized shipyard to receive a newbuilding contract…
Marseille Fos has joined the World Ports Climate Initiative (WPCI) and is now set to reduce port dues for ships performing better than required under air pollution regulations. From July 1 this year the incentive will apply to eligible…
North Carolina Ports has named Brian E. Clark as its new Chief Operating Officer, responsible for directing and coordinating the activities of the line and staff components of all terminal operations. He will also oversee the execution of the…
At a special commission meeting held, the Port Canaveral Board has taken the final step to authorize the sale transaction of approximately 271 acres of land located on State Road 524 near Interstate 95 in Cocoa to Wal-Mart Stores East, LP. The…
