The Very Large Crude Carrier (VLCC) Olympic Lyra changed its destination to Lome in Togo from Southwold in Britain, Refinitiv ship tracking data showed.VLCCs have a capacity of around 300,000 tonnes and their arrival in a region can affect refining margins…
The National Shipping Company of Saudi Arabia (Bahri) has announced the expansion of its market presence in the Asia-Pacific (APAC) region’s maritime industry.The stronger presence will help the company gain deeper insights into market trends…
Danfoss Editron, a company specializes in hybrid and electric powertrain systems for off-highway and marine markets, said that it has provided the hybrid electric drivetrain system powering a new ferry connecting the communities of Thyborøn and Agger in north west Denmark…
Representatives of Valletta Cruise Port and the Malta Tourism Authority along with other local stakeholders participated at the Seatrade Cruise Global 2019, held in Miami, USA. Valletta Cruise Port, a subsidiary of Global Ports Holding, had…
The Port of Oakland will add new direct service to Vietnam by late April. Pacific International Lines (PIL) will launch direct Vietnam links using vessels that can carry up to 11,900 20-foot containers. PIL’s new service is called AC5 and is in partnership with Cosco and Wan Hai…
Crowley Maritime Corp. has announced that Sandra Goranovic has been promoted to vice president of finance and accounting for its Crowley Shipping business unit.In her expanded role as part of the Crowley Shipping leadership team, Goranovic will…
Following the tariff-induced cargo rush of late-2018, container shipments from Asia to West Coast North America dived in Q1, denting carriers’ hopes of securing higher annual contracts.Things can change very quickly in the Transpacific container market…
Braemar Shipping Services announced the appointment of Ronald Series as its Non-Executive Chairman with effect from today. Series will also chair the Company’s Nomination Committee. He succeeds David Moorhouse CBE, who retired from the Board with effect from April 14…
The Bahamas Maritime Authority (BMA) announces the appointment of Captain Dwain E. Hutchinson as its Managing Director and Chief Executive Officer. Captain Hutchinson succeeds Commodore Davy F. Rolle, who stepped down as Director last year.Captain Hutchinson is a proud Bahamian from Nassau…
If you were looking for evidence that China's economy has lost momentum, you may be tempted to think that you've found it in the unimpressive growth, or lack thereof, in imports of major commodities in the first quarter.Customs data for the…
The Port Commission of the Port of Houston Authority has decided to accelerate widening of the Houston Ship Channel, the nation’s busiest waterway.The Port Authority is working with the U.S. Army Corps of Engineers (USACE) and other representatives of the federal government…
Quark Expeditions, Polar Region expeditions company, is celebrating its milestone 30th year with the launch of its new Antarctic 2020.21 season.The company specializing in expeditions to the Antarctic and the Arctic said that with voyages ranging from eight to 23 days…
Avance Gas Holding, a Bermuda-based company engaged in the transportation of liquefied petroleum gas, announced the appointment of Ulrik Andersen as Chief Executive Officer of Avance Gas AS, the management company of the Avance Gas group.Ulrik…
Dream Cruises, a luxury cruise line owned by Genting and based in China welcome “Explorer Dream” in Shanghai as the third ship in its Dream Cruises fleet.Dream Cruises held the christening ceremony for the former SuperStar Virgo at Shanghai Wusongkou International Cruise Terminal…
Miami-based SunStone Ships signed to build a sixth Infinity-class expedition vessel in China, continuing the European designed, Chinese built concept.The passengership operator said in a press release that it already has a long-term charter agreement in place…