As shareholders in the Port of Rotterdam Authority, the Municipality of Rotterdam and the Ministry of Finance have approved the participation in the Port of Pecém, a rapidly growing port in Northeast Brazil.The participation involves an investment of some 75 million euros and…
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.Maersk Reacher will be deployed as an accommodation rig, with the option of…
Kalmar, part of Cargotec, has been awarded a contract to heighten four ZPMC ship-to-shore (STS) cranes operated by Generale de Manutention Portuaire (GMP), a joint venture between DP World and Terminal Link (CMA-CGM), located in the port of Le Havre…
At APM Terminals' inland services facilities in San Antonio and Santiago, Chile, safety supervisors previously monitored activities on the ground. Now the latest technology is enabling their work to be done more effectively and safely.APM Terminals…
Effective August 13, 2018, Alfred Verzijl joins Danish engineering and software firm Logimatic as Regional Manager of the Singapore office as a part of Logimatic’s international growth strategy. Stepping up the expansion of the fleet management…
The U.S. State Department on Thursday called on Russia to cease what it called 'harassment of international shipping' in the Sea of Azov and Kerch Strait, accusing Moscow of trying to destabilize Ukraine.'Russia's actions to impede maritime…
The GAC Group has appointed industry veteran and current Chair of the Swedish Shipbrokers Association, Johan Ehn, as Managing Director of its operation in Sweden. Ehn started his career in shipping in 1989 when he joined Swedish Maritime AB…
Foreship has appointed Viktor Gingsjo as Head of Project Management Services – a newly-created post that reflects a significant rise in demand for this aspect of the leading naval architect and engineering company’s services.The new role, effective from September 1…
Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped on Thursday, pressured by weaker demand for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax…
There is less than 18 months to go until the International Maritime Organization’s (IMO) global 0.5 per cent sulphur cap comes into force. From the 1st of January 2020, the marine landscape will dramatically change and many questions still remain unanswered…
The U.S. economy shows signs of extending its nine-year expansion with the help of tax cuts and strong business and consumer confidence.Both the longevity of the expansion and the apparent limited slack in the labour and product markets suggest…
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…
China Harbour Engineering Company (CHEC) began the main phase of the construction of a new terminal basin in Sokhna Port south of the Suez Canal northeast of Egypt, said he state media Xinhua.According to the report, the project was assigned…
Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project, 56 on wind turbine foundations and two on the offshore substation…
Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The contract reflects a growing requirement for deep technology integration on drilling platforms and ships…
