Offshore Wind Conference Set for SUNY Maritime
The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, are hosting the Ocean Wind Energy Conference on Thursday, September 26, 2019 at the Maritime Academic Center, SUNY Maritime College.Serving as the keynote speaker is Alana Duerr, Ph.D., Director, Offshore Wind North America, DNV GL - Renewables Advisory, who will offer insight to opportunities for maritime industry support of Ocean Wind Energy development and sustainment for many years to come.
Panama Canal Signs MoU with Rotterdam Port
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects."The Expanded Canal continues to reshape global trade routes today…
McQuilling Mid-Year Tanker Market Outlook
McQuilling Services Announces the Release of the 2019 Mid-Year Tanker Market Outlook Update.The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing tanker demand and vessel supply. The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades and four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.
Trust and Independence:
Key metrics for a consolidating market of Multi-Purpose Vessels.The multipurpose sector has experienced a tough first half of 2019, following a trend of difficult market conditions spanning over a decade. Fallout from ongoing global political trade discussions is taking its toll on both project and commodity trades, cutting down volumes at a time when external competition from non-MPV carriers is at its most fierce and the MPV fleet is still struggling with overcapacity. Still…
Peel Ports Steps Toward Brexit Ready
Peel Ports Group has been accredited with the internationally recognized quality mark of Authorized Economic Operator (AEO) at all its principal ports by Her Majesty’s Revenue and Customers, affirming the Port’s efficient and robust processes to customers worldwide.The Liverpool based port operator said that achieving AEO status from Her Majesty’s Revenue and Customs was a “significant milestone” especially on the path towards Brexit.Peel Ports Group has successfully achieved AEO status for the following ports: Clydeport Operations Limited…
West of England Strengthens NY Team
The West of England, a leading mutual marine insurer, has appointed a new Senior Claims Manager to work in its Americas team.Emily McCulloch joined the London office on the 7th August but will transfer to the New York City office before the end of the year where she will provide a localized claims service to the Club’s Members in the USA, Canada and South America.A qualified lawyer, Emily has significant experience of both P&I and Defense claims, having worked as a Syndicate Manager at another International Group Club prior to joining the West.
Ponant to Acquire Paul Gauguin Cruises
Adding access to exciting itineraries and experiences for passengers of both brands.PONANT, the world leader of luxury expeditions to locations that only small ships can navigate, has announced its plan to acquire PAUL GAUGUIN CRUISES, the renowned specialist in sailings to exotic ports in French Polynesia and the South Pacific. Like PONANT, PAUL GAUGUIN combines exceptional itineraries with luxury hotel services and fine cuisine to create memorable experiences at sea. Following the acquisition…
Trade Fears Drag Stocks, Yuan at 10-Year Low
NEW YORK, Aug 5 (Reuters) - Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies.China on Monday let the yuan tumble beyond the 7-per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further currency weakness after U.S. President Donald Trump vowed last week to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept.
"IMO Joe" Angelo Honored
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The IMO Council, meeting for its 122nd session in London (July 15-19) decided to award the Prize to Mr. Angelo, in recognition…
Joseph Angelo Wins Global Maritime Prize
The prestigious International Maritime Prize for 2018 is to be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The International Maritime Organization (IMO) Council, meeting for its 122nd session in London (15-19 July) decided to award the Prize to Angelo…
AMOT Appoints Garza as Marine Market Sales Manager
AMOT has announced Gustavo Garza as the new Americas regions sales manager for the marine market. Gustavo obtained his bachelor’s degree in Marine Engineering Technology from Texas A&M University at Galveston. Post-graduation, Gustavo expanded his product knowledge working in the marine, industrial distribution, and oil & gas industries while owning his own real estate investment company. Before joining AMOT, Gustavo shared his passion for sales and engineering at Cummins Southern Plains, Atlas Industrial Supply, and FMC Technologies.
ChartCo Names Malaika D’souza for Americas
ChartCo, the provider of navigation and compliance solutions shipping, named Malaika D’souza as its new representative for the North and South American regions.According to the distributor of navigational data, nautical charts, marine technical publications and digital products, Ms D’souza, who has successfully grown ChartCo’s revenues and customer relationships across India and the Middle East over the past 3 years has now relocated to Toronto to take up the full-time position…
Navis Names Simon Doughty as GM, VP APAC
Navis, the terminal operating systems (TOS) provider and part of Cargotec, has announced the appointment of maritime industry veteran Simon Doughty as the General Manager and Vice President for the APAC region.Doughty had previously served as the CEO of Hong Kong based Wallem Group and brings over 30 years’ experience in international business management, leading transportation organizations in Asia, the Americas, Middle East and Europe.Doughty has a proven track record of driving top and bottom line growth through efficient operations…
Belle Chasse Marine Repowers with Volvo Penta
Reliability, Power, Fuel Savings and Minimal Downtime Key Factors in Repower Decision.Belle Chasse Marine Transportation, the largest launch service on the Lower Mississippi, puts a lot of hours on its fleet of crew and supply boats, which run day and night. One thing they can’t afford is downtime.“The river never closes, and neither do we. Our customers expect us to give them reliable round-the-clock service no matter what the conditions,” said Dillon Entrekin, port engineer at Belle Chasse.
SHORTSEA SHIPPING: All the Right Moves (Finally)
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.
MedPort Tangier Opened
APM Terminals Medport Tangier container terminal has officially opened its doors in Morocco.Part of the Tanger Med Port complex, it has an annual capacity of 5 million TEUs (twenty-foot equivalents)."With this new capacity, Morocco is establishing itself as one of the most important transshipment locations in the world. Tanger Med Port is already ranked as the leading African port and is amongst the world’s top 50 container ports due to its prime location along key trade lanes and increasing cargo flows…
TangerMed, Maersk Opens Doors in Morocco
With the new addition of APM Terminals MedPort Tangier, which has a capacity of 5 million TEU’s, Morocco's importance as a transshipment location grows. TangerMed Port is already ranked leading African port and is among the world’s top 50 container ports worldwide given its prime location along key trade lanes and the increasing cargo flow to and from Africa.The construction of APM Terminals MedPort Tangier took two years and a total investment of USD 800m to make this state-of-the-art facility become reality.
AAPA Selects Christopher Connor as its New CEO
Former ocean carrier executive is association’s unanimous choice.The American Association of Port Authorities (AAPA), the unified and recognized voice of seaports in the Americas, announced today that it has unanimously chosen Christopher J. Connor as the association’s next president and chief executive officer.Mr. Connor, the former Global CEO of Wallenius Wilhemsen Logistics (WWL) will begin transitioning into his new role on September 23, eventually succeeding Kurt Nagle, AAPA’s president and CEO since 1995.Mr.
Thygesen: Chairman of Maersk Supply Service
Henriette Thygesen has been appointed new Chairman of the Board of Directors of Maersk Supply Service as of 1 June 2019. Current Chairman of Maersk Supply Service and Vice CEO of A.P. Moller – Maersk Claus V. Hemmingsen will leave A.P. Moller – Maersk end June having concluded on the separation of the oil and oil related companies.Thygesen has been CEO of Svitzer since September 2016. She is a member of the A.P. Moller - Maersk Executive Leadership Team and has held leading roles across a number of A.P. Moller – Maersk business units over the last 25 years, including CEO of Damco Americas.
High-Spec Engines for OSG ATB Barge
The newest articulated barge Gunderson Marine is building for Overseas Shipholding Group will be the first in the world to be dual certified as meeting EPA Tier 3 and IMO III emission standards. The barge is reaching this monumental milestone because of the Volvo Penta engines Gunderson and Pacific Power Group recommended for auxiliary engines that power the cargo pumps and the ship’s service generator sets.The 575-foot-long barge will be flagged as a U.S. vessel and will operate in both U.S. and international waters, which requires the engines meet the stringent emission standards.
FMS Names Trond Prestroenning as CEO
Fr. Meyer's Sohn (FMS), a global forwarding company for sea freight, announced that Trond Prestroenning will strengthen the management team as from September 1st, 2019.He will take on the position as ‘Regional CEO Americas’ and ‘President of Fr. Meyer’s Sohn North America, LLC’, said a press release.Tomas Jonson, previous ‘CEO of North America’ for Fr. Meyer’s Sohn, will be leaving the forwarder to pursue a new challenge in a different industry.Trond Prestroenning has been in freight forwarding for 25 years.
GT USA Wilmington Orders Terberg Tractors
GT USA, the US arm of Gulftainer, one of the world’s largest privately owned, independent ports and logistics company, has announced it has placed an initial order of 16 terminal tractors from Terberg Tractors Americas. The fuel-efficient, low-emission equipment will be introduced in a phased manner, with delivery of the first 3 units scheduled for mid-June, with the subsequent deliveries scheduled for August and October.The Terberg Tractors have a superior Gross Combined Weight Rating (GCWR) of 155,000 lbs and incorporate a hydraulically operated 5th wheel of 75,000 lbs lifting capacity.
Haugen Joins Pacific Green Exec Team
Pacific Green Technologies Inc. (PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, appointed Atle Haugen as Sales Director, Marine Direct Sales.Haugen joins from the international exhaust gas scrubbing business, Clean Marine AS, where for the last six years he led sales in the Americas and Europe.Along with PGTK’s new Vice President, Marine Direct Sales, Frode Helland-Evebo, Haugen was responsible for fast sales growth and helping to establish Clean Marine as one of the world’s largest scrubber manufacturers.
Ever Larger LNG Tankers Head for Panama Canal
A 'Q-Flex' LNG tanker, the world's second-largest class of liquefied natural gas carriers, is set to pass through the Panama Canal for the first time, the canal's CEO said, expanding the Americas to Asia trade route for the fast-growing commodity.The 'Al Safliyah', which can carry about 210,000 cubic metres of LNG, is on its way to Panama from the North Pacific after discharging a cargo from Qatar into Korea Gas Corp's (KOGAS) Tongyeong terminal on April 21, shipping data in Refinitiv Eikon showed."This is the first Q-Flex to transit the Panama Canal…
Interview: Dan Skjeldam, CEO, Hurtigruten
Building on its 125-year heritage, Norwegian shipowner Hurtigruten has become a leader in exploration travel offering voyages to more than 200 unique destinations in more than 30 countries ranging across the globe from the Arctic to the Antarctic and including cruises in Norway, Greenland, Svalbard, Iceland, Western Europe, and the Americas. In an interview with Maritime Reporter and Engineering News, Dan Skjeldam, the company’s CEO, emphasizes the need for the cruise industry…
Furuno USA Hires Toma
Furuno USA has hired a new commercial business development manager. Based in Houston, Texas, Mr. George Toma will play a key role in establishing and developing business relationships with commercial ship owners, operators, and builders around the country to promote the Furuno product line.Toma comes to Furuno with forty years of experience in the maritime industry. He has served on the Board of Directors for RTCM (Radio Technical Commission for Maritimes), and received the Outstanding Professional Achievement Award in 2013 from the U.S. Merchant Marine Academy Alumni Association.