Altus Logistics, a subsidiary company of Swire Pacific Offshore (SPO), has successfully installed its first-ever solar panel system at its warehouse in Loyang, Singapore. This significant installation is designed to generate 152,517kWh…
Amec Foster Wheeler today announces that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by a prominent US power producer to design and supply two Heat Recovery Steam Generators (HRSGs) in the United States…
On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…
Today, the American Association of Port Authorities (AAPA) applauded a “Dear Colleague” letter to the leadership of the Senate Committee on Appropriations that was signed by 22 senators, urging appropriators to meet the dredging funding commitments…
Antarctica's ice paradox has yet another puzzling layer. Not only is the amount of sea ice increasing each year, but an underwater robot now shows the ice is also much thicker than was previously thought, a new study reports.The discovery…
Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014:Revenue25% increase to $152.6 million for Q3;10% increase to $420.2 million for nine monthsEBITDA5% increase to $42…
Rand Logistics, Inc. announced that its board of directors has appointed Kirk Thompson as a Class II director. Thompson, the current chairman of the board of JB Hunt Transport Services Inc., brings the number of directors to six and is the first…
IBAC, which provides training to participants on international business awareness and ethical principles in the context of international business, was held for the 15th time this year. This was the first time an IBAC course was held in Istanbul…
Ports on the U.S. West Coast are currently suffering from chronic congestion, but are there deeper issues affecting their performance? Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance…
Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain a vessel while awaiting payment for work done. As a result of this unexpected decision…
Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services. Andrews joins CWind from Siemens Energy where he started his career as an apprentice technician 25 years ago and…
Media pressure, and particularly the posting of unverified stories on social media, has become a significant factor in major maritime search and rescue (SAR) events.Bruce Reid, CEO of the International Maritime Rescue Federation (IMRF) told…
AVEVA opened its new office in Aberdeen to offer sales and support for all of AVEVA’s solutions and services with a strategic focus on the region’s oil and gas sector.'We have worked with our customers in Aberdeen for many decades,' said Richard Longdon…
With a combined 840 years without an environmental incident, 84 Foss Maritime and subsidiary companies' tugs and tank barges have been recognized by a major maritime organization for their environmental safety records. The Chamber of Shipping…
Diana Containerships Inc. reported net income of $1.4 million for the third quarter of 2014, compared to a net loss of $0.7 million for the respective period of 2013. Time charter revenues, net of prepaid charter revenue amortization, were $13 million for the third quarter of 2014…
