Japanese shipping company Mitsui O.S.K. Lines (MOL) has begun operation of a new data platform called ‘Lighthouse’, to provide real time transport information to dry bulk shipping customers and stakeholders.The platform is a service that allows those involved in the transport process…
Maersk, an integrated logistics company, said it has delivered its first end-to-end shipment of freshly produced green chillies from Varanasi to Jebel Ali, United Arab Emirates (UAE), within a duration of nine days.The Danish business conglomerate…
US-based Crowley Maritime Corp. announced on Wednesday that it has realigned its marine services organization and introduced new leadership.In a move that aims to provide better support to customers, Crowley Marine Services, part of the company’s shipping arm…
RAFAEL Advanced Defense Systems Ltd. has appointed EVP Dr. Ran Gozali as head of the company’s Land and Naval Systems Division. Dr. Gozali is replacing Moshe Elazar who has been appointed as CEO of Aeronautics, recently purchased by RAFAEL and Avichai Stolero…
Setting out to create a new Mediterranean shipping hub at Taranto Port, Yilport Holding in December chose Konecranes to refurbish 23 cranes.The Turkish company won a 49-year concession from Italian authorities in 2019 to operate Taranto, located in the southeastern part of the country…
U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas, thanks to faster-than-expected infrastructure additions.The infrastructure boom at Corpus Christi…
Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping company Maersk warned in an interview.'Is it really a good idea that we don't allow the creation of a European global champion…
The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist informed last…
The US-based dry bulk carrier Eagle Bulk Shipping has joined industry group the Getting to Zero Coalition.The group is an alliance of over 90 companies within the maritime, energy, infrastructure, and finance sectors which are committed to the decarbonization of deep-sea shipping…
The Indian Register of Shipping (IRClass) said that the classed fleet registered approx. 3% growth in the past year.The ship classification society said that its foreign flag fleet continued to grow at a robust pace with 16% more vessels added…
Denmark-based product tanker company TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders to refinance its debt and bolster its capital structure.The carrier of refined oil products said the total amount…
Lake Geneva General Navigation Company (CGN), a Swiss company operating ships on Lake Geneva connecting towns in both France and Switzerland, has awarded the contract to build two new passenger ferries to Shiptec AG.According to a press release from the Switzerland-based shipbuilder…
China has approved a long-awaited tax waiver on exports of cleaner ship fuel, paving the way for refiners to boost output, though Beijing may initially limit shipments to focus on growing its coastal marine fuel market, state refiner officials say…
On an unseasonably warm October day in San Francisco, hundreds gather in the Dogpatch district to hear about the latest innovations in ocean conservation and science. Bubble barriers to trap plastic in river mouths and portable DNA scanners…
Trelleborg has acquired Signum Technology Ltd. The acquisition of Signum and its subsidiary companies Gall Thomson, KLAW LNG, KLAW Products, and Vee Bee Filtration., provides safety-critical solutions for flow control applications, including…
