Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Latest News - page 589

 

Galloper Signs Diamond OFTO Deal

Feb 25, 2020

UK-based Galloper Wind Farm Ltd has agreed the sale of its transmission assets to Diamond Transmission Partners, which  invests in offshore transmission systems as an Offshore Transmission Owner (OFTO).The 353MW Galloper Wind Farm is owned by innogy SE…

Seaspan Buys Boxships Quartet

Feb 25, 2020

Hong Kong-based owner and manager of containerships in the world Seaspan Corporation has agreed to purchase a fleet of four containerships for approximately $367 million in cash.The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017…

Orsted Inks Taichung Lease for OWF

Feb 25, 2020

Orsted Taiwan Ltd announced that it has signed a 20-year wharf lease with Taiwan International Ports Corp (TIPC) for the development of its offshore wind farms (OWF) off Changhua County.The global offshore wind leader announced the signing of…

Saudi-led Coalition Thwarts Red Sea Attack

Feb 25, 2020

Naval forces from the Saudi-led coalition fighting in Yemen on Sunday foiled an 'imminent terrorist' attack by the Iran-aligned Houthi movement in the southern Red Sea, a major commercial shipping channel, the coalition said.The forces destroyed…

Khasab Port Suspends Shipping to and from Iran

Feb 25, 2020

Oman's Khasab port is suspending the import and export of goods to and from Iran from February 26 because of new coronavirus outbreak, its operator Marafi said on Twitter on Tuesday.(Reporting by Nayera Abdallah, writing by Aziz El Yaakoubi; Editing by Alex Richardson)

FIT Welcomes Three New Reachstackers

Feb 25, 2020

Florida International Terminal, one of 10 ports operated by SAAM, has added three new Liebherr reachstackers.“The vehicles not only meet the highest emissions control standards, but also will provide important efficiencies in fuel consumption and significant operational availability…

MarTID 2020: Time is Running Out

Feb 25, 2020

The third annual global Maritime Training Insights Database (MarTID) survey is open through February 29, 2020.Make sure your voice is heard. Take the MarTID 2020 survey today:Vessel operator survey: https://www.surveymonkey.com/r/2020MarTIDOperatorMETI survey: https://www…

LA, Long Beach Ports Strengthen Collaboration

Feb 25, 2020

The ports of Los Angeles and Long Beach Sign MOU to enhance competitveness. The newly approved memorandum of understanding (MOU) is an opportunity to explore five areas of additional cooperation that will enhance competitiveness: cargo transfer predictability…

Iran Invests $857Mn in Maritime Industry

Feb 24, 2020

Iran's Ports and Maritime Organization (PMO) has allocated 36 trillion rials (about $857.2 million) allocated 36 trillion rials ($857.2 million) to develop the country's maritime industry, including the construction of 83 vessels.Mohammad Rastad…

Northland Expands Offshore Wind Pipeline in Asia

Feb 24, 2020

Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, a wind power developer…

DP World Buys North American Terminal

Feb 24, 2020

Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global…

HII Celebrates the Centennial Graduating Class

Feb 24, 2020

Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 145 graduates of the company’s Apprentice School at Newport News Shipbuilding. The ceremony, held at Liberty Baptist Church Worship Center in Hampton, commemorated the school’s centennial graduating class…

Pintsch Bubenzer Moves for Zuchowski in Ports, Offshore

Feb 24, 2020

Pintsch Bubenzer USA has named Mike Zuchowski regional sales manager for ports in the western region of the states and Canada.The manufacturer of high-performance disc and drum brakes for steel cranes and other severe duty applications is seeing…

Maersk to Raise HSFO Bunker Fuel Consumption to 25%

Feb 24, 2020

Danish shipping group A.P. Moller-Maersk plans to raise the proportion of high sulphur fuel oil it consumes from 10% to 25% by the year-end, CEO Soren Skou says.The world's largest container shipping firm consumed a total of around 11.80 million tonnes of shipping fuel last year…

Madely Joins Ecochlor as VP of Global Service

Feb 24, 2020

Ecochlor announced the addition of Michael 'Mick' Madely to fill a newly created position of Vice President of Global Service.  Madely has had a full career in the global maritime industry with over 25 years of experience in senior management positions in both Commercial and Technical roles…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Subscribe for Maritime Logistics Professional E‑News

Philippines starts identifying the victims of ferry fire, but there are still dozens missing
Oil tanker prices reach record highs after US and Iranian shipping attacks
A train derails near northern France, injuring at least 44 people