The Asian Aframax market has been strengthening steadily, with rates for the Indo/Japan route up by w25 points w-o-w at w135. The Baltic Exchange’s benchmark TD14 route reached w127.50 Tuesday, jumping by w29 points w-o-w. This is partly due…
The Shipbuilders Council of America (SCA) released a statement congratulating President-elect Donald J. Trump and the members of the 115th Congress, and expressed that t looks forward to working Together to realize 350-ship Navy goal. “We congratulate President-elect Trump…
To further explore opportunities and strengthen its footprint in Russia, Viking Supply Ships (VSS) has entered into a strategic cooperation with Sevnor Ltd, a shipping and offshore company with extensive presence in the Russian offshore market…
Senate Passes Water Infrastructure Compromise, Sends to President for Signature The United States Senate passed S.612, the Water Infrastructure Improvement for the Nation Act (WIIN), which included Congressional authorization for the 52-foot Charleston Harbor Deepening Project…
German shipping company Heino Winter announced that it uses the Cloud Fleet Manager developed by the Hamburg-based software company Hanseaticsoft since October this year. As studies of the PricewaterhouseCoopers (PwC) prove, the digitalization…
Classification society ClassNK has released the Arrival Checklist for PSC, the preparatory checklist mobile app for PSC inspections. Arrival Checklist for PSC digitalizes the updated contents of ClassNK’s Port State Inspections Pocket Checklist and is now available for smartphones and tablets…
BMT Asset Performance, a subsidiary of BMT Group, has been launched following the recent decision to merge BMT Cadence which delivers safety and environmental risk management services and BMT Reliability Consultants which focusses on reliability and supportability engineering…
Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development and management of Novaporte, the marine container facility in the Port of Sydney, Nova Scotia. SHIP has exclusive development…
Heavily indebted South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping alliance to form a cooperative relationship that falls short of full-fledged membership. Joining an alliance with…
On Tuesday, December 6, 2016, the Sea Trucks Group board was reconstituted into three members. The company's board of directors now consists of the following independent directors: Tom Ehret; experienced executive and director in the oil and gas industry…
Dampskibsselskabet NORDEN A/S has entered into a 9-year contract for the transportation of wood pellets with Canada’s largest manufacturer of wood pellets, Pinnacle Renewable Energy Inc. According to the contract, NORDEN will transport a total of 3…
Sea IT said it has won a new contract with Alba Tankers, who continues installations of Sea IT’s BlueCLOUD in two additional office locations in Poland and Sweden. The contract also includes installations of multiple products on board the vessels…
Henry Woo has been appointed to head up the Asia-Pacific (APAC) division at HANSA HEAVY LIFT, taking over from Joerg Roehl. Woo, who will be based at the shipping line’s Asia headquarters in Singapore, has two decades of experience in the supply chain and shipping industry…
The Maritime Alliance (TMA) has partnered with the International Trade Administration, part of the U.S. Department of Commerce, to organize and partially fund an initiative to increase exports from small maritime technology companies (typically…
A new 950-foot-long, 55,000-lifting-ton floating dry dock has arrived at BAE Systems’ San Diego shipyard as part of the company’s $100 million investment in the yard to service the anticipated increase of U.S. Navy ships on the West Coast.“We…
