Latest News - page 392

 

Fueltrax Announces Expansion in Asia

Feb 03, 2021

Maritime fuel management systems provider Fueltrax said it is expanding its representation in Asia in response to growing demand for its solutions in Southeast Asia and Asia Pacific regions. Joining the company is Faiz Azani, Director of Operations – Southeast Asia…

Sail Power: Liebherr Delivers World's Largest Slewing Drive Units

Feb 03, 2021

As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind is working to deliver an innovative wind sail system.In step with the development, Liebherr delivered what is currently…

Buttigieg Confirmed as US Transport Secretary

Feb 02, 2021

Pete Buttigieg was confirmed by the U.S. Senate on Tuesday by a 86-13 vote to head the U.S. Transportation Department.Buttigieg, a U.S. Navy veteran and the former mayor of South Bend, Ind., will oversee maritime, aviation, highways, vehicles…

'K' Line Joins Data Sharing Platform

Feb 02, 2021

Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Ship Data Center Co., Ltd. (ShipDC) have agreed to share operation data of all “K” Line fleet equipped with Kawasaki Integrated Maritime Solutions through IoS Open Platform (IoS-OP), the ship IoT data sharing platform promoted by ShipDC…

Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

Feb 02, 2021

The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help…

Baltic Index Falls to One-month Low

Feb 02, 2021

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session.The Baltic dry index, which tracks rates for capesize…

Greensteam Acquires Assets of Enerforce

Feb 02, 2021

GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to…

N.Ireland Suspends Some Port Checks Over Staff Safety Concerns

Feb 01, 2021

Northern Ireland temporarily suspended some post-Brexit checks at two ports on Monday after a local council withdrew staff over concerns for their safety and police said they planned to increase patrols at points of entry.Many pro-British unionists…

Callan Marine Wins Dredging Work at Port of Corpus Christi

Feb 01, 2021

Texas-based dredging contractor Callan Marine said it has been awarded the long-term contract for maintenance and new work dredging of the Port of Corpus Christi.The Port of Corpus Christi is the third most profitable port in the United States and is the second-largest exporter of crude oil…

Baltic Index Down at Near Four-week Low on Falling Rates

Feb 01, 2021

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early January, as rates weakened across vessel segments.The Baltic dry index, tracking rates for capesize…

Crew Change Hubs Could Help Address Seafarer Crisis, Says MAJ

Feb 01, 2021

A global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime Authority of Jamaica (MAJ).They could offer a short-term solution to the barriers presented by global travel restrictions…

Enström Named Head of Marine at Hempel

Feb 01, 2021

Alexander Enström joins Hempel to lead its new global marine organization, effective February 1, 2021.With a strategic ambition to double revenue by 2025, Hempel is keen to build on its position in the marine segment, adjusting its marine organization…

Bahri Reports 153% Jump in Annual Growth

Jan 31, 2021

Bahri announced financial results for the fourth quarter and full year ended December 31, 2020. The company reported an increase of 153 percent in annual net profit from $165m in 2019 to $426.5m in a year marred by the COVID-19 pandemic. Revenue rose by 28 percent to $2…

Coast Guard Foundation Elects Allegretti as Chairman

Jan 29, 2021

The Coast Guard Foundation said Thomas A. Allegretti has been elected to the position of Chairman of the Board, effective January 7, 2021. Allegretti first joined the Coast Guard Foundation board in 2006 and has served on the Executive Committee and the Audit Committee…

Austal USA Names Koblas VP of Human Resources

Jan 29, 2021

Shipbuilder Austal USA said it has promoted Sandra Koblas to vice president of human resources.Koblas joined Austal USA in 2007 and has served as the Mobile, Ala. shipyard's director of human resources for the past eight years, leading the company’s employee relations…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

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