NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing…
In July a deal was signed for two Konecranes BOXHUNTER RTGs that will be delivered to Ben Nghe Port in Vietnam. The Port studied the BOXHUNTER concept thoroughly and was impressed by its new operating approach. The cranes will be delivered in June 2017…
As of August 1, 2016, the ELA Container Offshore GmbH has moved into its new office building based in Haren, Germany.In line with the second anniversary of the company, the ELA Offshore Team is moving into a new, bigger office building that offers space for 12 offices…
The Caribbean MOU on Port State Control (CMOU) has announced a concentrated inspection campaign (CIC) on crew familiarization for enclosed space entry. The CIC will run from September 1, 2016 to November 30, 2016. The aims of the campaign…
Inspectors of Lloyd’s Register are optimising inspection regimes thanks to their accredited status using the OVID web based inspection tool to reference inspection reports.“OVID has been designed to provide a number of positive benefits…
The Georgia Ports Authority has extended its multiyear agreement with the South Atlantic Chassis Pool of Consolidated Chassis Management (CCM) to provide the region with a 'gray' chassis pool, a fleet of chassis that can be used by any trucking line to serve any port terminal in the Southeastern U…
Caterpillar Marine is establishing a new Marine Center in Singapore in the facility previously occupied by Caterpillar Remanufacturing, at 5 Tukang Innovation Grove. The new center will bring together in one location almost 200 people employed by Caterpillar Marine in Singapore…
Heesen Yachts from Dutch shipyard are for Sale. The two boats are currently in-built on spec and delivering in March 2017. Undoubtedly these highest quality new construction vessels are available in the shortest time frame on the market today…
Responding to reports that the government’s Emergency Towing Vessel (ETV) Herakles was deployed to assist a tug experiencing trouble off the coast of Scotland, Nautilus general secretary Mark Dickinson said, ‘The incident highlights the vital…
Terex Port Solutions (TPS) is supplying a diesel-electric Terex Gottwald Model 2 mobile harbour crane in the G HMK 2304 two-rope variant and a Terex Stackace E 6-8 empty container handler to the Belgian river port of Liège. The two cargo-handling…
Kalmar has received orders for seven top loaders from Crowley Liner Services for operation in Jacksonville and Port Everglades, Florida, and eight reachstackers from Crowley Puerto Rico Services for operation in San Juan, Puerto Rico. The orders…
The voyage data recorder (VDR) from El Faro, a U.S. flagged cargo ship that sank during Hurricane Joaquin in October 2015, has been recovered from the ocean floor late Monday evening, the U.S. National Transportation Board (NTSB) said. The…
INTTRA, the world's ocean shipping electronic marketplace, has announced a 17 percent increase in container volume for the first half of 2016 over the same period in 2015 as the number of container orders on its core transaction platform grew to record levels…
There are technologies that are finding success – despite the struggles seen elsewhere especially in a difficult time for companies operating in the oil and gas market, finding sectors that are performing well can be a challenge, says Douglas-Westwood London…
Choice Ballast Solutions announced that James “Jim” P. Mackey has joined the firm as Business Development Manager to further develop key accounts and cultivate new business worldwide. Mackey joins Choice from a career spanning more than 30 years at Hyde Marine…