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APC Announces Retirement of Harrington

Aug 22, 2019

Advanced Polymer Coatings (APC) has announced the retirement of Joseph F. Harrington after 25 years with Advanced Polymer Coatings. In 1994 he was approached by Don Keehan, Chairman of Advanced Polymer Coatings, to further develop the Marine…

CADMATIC Acquires Kymdata, CADS Software

Aug 22, 2019

CADMATIC has acquired Finnish software company Kymdata Ltd. including the entire share capital as well as IPRs to all Kymdata’s CADS software and its business agreements. The acquisition increases CADMATIC’s estimated turnover to EUR 28 million…

Damen Wins UX Design Award

Aug 22, 2019

Damen Shipyards Group won an award for the Human Machine Interface that it has been developing over the past two years for its Next Generation Tug Series. The UX Design Awards are intended to honor innovative solutions that add value to applications…

Privinvest’s Deliveries to Mozambique: A Model for Africa

Aug 22, 2019

Media reports about Mozambique’s failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa…

'Green' Focus for Citigroup's Shipping Finance Chair

Aug 22, 2019

Citigroup's veteran shipping finance banker Michael Parker is to become chairman of the bank's shipping & logistics business, a role which will include bolstering the lender's environmental focus in the sector, Citi said on Thursday.In June…

MHI Vestas Bags Taiwan Switchgear Deal

Aug 22, 2019

Wind turbine manufacturer MHI Vestas Offshore Wind has signed its third contract in Taiwan for local production as it prepares to execute 900 MW of offshore wind projects.'Confirming the first electrical component for local supply in the budding offshore wind industry in Taiwan…

Topaz Revenue Climbs

Aug 22, 2019

Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…

Konecranes Retrofits Crane in DP World Liège

Aug 22, 2019

Konecranes Port Services, the team of crane and lifting engineers, software developers and product technicians, will retrofit electrification to a Model 2 Konecranes Gottwald Mobile Harbor crane in DP World’s Liège Container Terminal in Belgium…

Napier Port Lists on NZX

Aug 22, 2019

New Zealand's Napier Port successfully completed its $234 million initial public offer (IPO) with a listing ceremony at the Port’s Breakwater Road site in Napier.After ringing the bell to welcome in trading of the Port’s shares on New Zealand Exchange (NZX) under the ticker ‘NPH’ on August 20…

Essar Ports Posts Robust Growth

Aug 22, 2019

Indian private ports operator, Essar Ports Limited posted overall 17 percent growth in the cargo throughput at 13.5 million tonne for the first quarter of current fiscal ended 30 June 2019 as against 11.5 MT in the corresponding quarter last year…

Further Delay for Vineyard OWP

Aug 22, 2019

Netherlands-based provider of steel foundations to the offshore wind, Sif Holding NV  said that the Vineyard Wind, which was set to be U.S.'s largest offshore wind farm will be further delayed.Early July 2019 Sif and Vineyard Wind announced…

ZIM Back in the Black

Aug 21, 2019

Israeli container line ZIM Integrated Shipping Services Limited reported a total revenues of  $834.3 million in Q2 2019, reflecting an increase of 3.9% compared to $803.2 million in Q2 2018.In Q2 2019, ZIM carried 731 thousand TEUs, the second highest ever carried volume (reflecting a decrease of 5…

TOP Ships in 1-for-20 Reverse Stock Split

Aug 21, 2019

Greek provider of oil, petroleum products and chemicals transportation services TOP Ships Inc. announced that it has determined to effect a 1-for-20 reverse stock split of the its  issued common shares.The Greek company's shareholders approved…

Sea Machines Demonstrates Autonomous Spill-Response Vessel

Aug 21, 2019

As a part of its cooperative agreement with the U.S. Department of Transportation Maritime Administration (MARAD), Boston-based Sea Machines Robotics announces that it has successfully demonstrated its autonomous systems in action on board a…

STEM is so 'Yesterday’s News'

Aug 21, 2019

Recently I was attending the United Nations Science Technology and Innovation conference (STI Forum). While I attended to present on Wave Energy Conversion, the main subject at the conference was STEM education and STEM gender inequality. Almost…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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