An indictment of two Norwegian shipping executives was unsealed in the U.S. District Court in Baltimore, the Department of Justice announced.Ingar Skiaker and Øyvind Ervik have been charged with participating in a long-running conspiracy to allocate certain customers and routes…
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…
Colombo Dockyard PLC (CDPLC) delivered the first ever modern Cable Laying Vessel built for Kokusai Cable Ship Co. Ltd. (KCS) Japan, on June 21, 2019. This is the biggest vessel, both in terms of length and price, ever built by Colombo Dockyard in its history…
Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.The MPA suspended the license, which allows Inter-Pacific to operate tankers used to load marine fuel…
Denmark-based shipping companies prefer to install exhaust gas purification systems, the so-called scrubbers, on their ships.'The scrubbers clean the exhaust smoke from the engines and thereby remove Sulphur and other particles which enable the ships to meet new international requirements…
A sustainable Blue Business plan will accelerate Africa’s transformation, create jobs, sustain livelihoods and empower communities while offering impactful climate change measures.Fishing, aquaculture, shipping, ports, energy, and finance industries…
Exmar Netherlands, a fully owned subsidiary of Belgium’s Exmar and a manager of specialized floating assets, has completed the bond repayment issued in 2014, extended in July 2017 and maturing in July 2019.According to a press note from the Nicolas Saverys-led shipowner…
Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands, announced on Thursday that its board of directors has appointed Knut Frostad as President and Chief Executive Officer.“Knut Frostad has been on Navico’s board for 14 years…
The U.S. Coast Guard announced that Charleston, S.C., will be the home of its newest National Security Cutter.“I am pleased to announce that Charleston, South Carolina will be the home of the Coast Guard's 11th National Security Cutter,” said Admiral Karl L…
Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a leader in uniting logistics-intensive businesses in commerce, announced that it has acquired STEPcom, a leading Business-to-Business (“B2B”) supply chain integration network based in Switzerland…
The second report from the historic MarTID survey initiative to study global maritime training practices, investment and thought is now available on the MarTID website. The findings include the following: expenditure on maritime training continues to rise for vessel owners and seafarers…
Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.The South China Morning Post (SCMP)…
The global port management company International Container Terminal Services Inc.(ICTSI) said yard utilization at its Manila port dropped 58 percent in June despite a series of holiday periods and low trucking activity.The Manila International Container Terminal (MICT)…
Greek passenger shipping company Anek Lines has partnered with Telenor Maritime, which builds 4G coverage offshore to support the oil & gas industry, to upgrade the mobile ecosystem onboard all its ships.The connectivity platform with Mobile…
South Carolina Ports Authority (SCPA), Southeast's deepwater port, said that five rubber-tired gantry (RTG) cranes arrived at Wando Welch Terminal to further modernize operations.The Port has received 14 of the 24 new cranes ordered for the Wando terminal…
