This year is the 60th anniversary of VescoPlastics and Vesconite, its first engineering plastic. The company's line of thermopolymers is used extensively in the marine, agriculture, heavy off-road equipment, pump, and hydroelectric and renewable energy industries…
Satisfaction survey in container transport: Customers more dissatisfied with the service quality of ocean carriersThe service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders as more problematic…
Evinrude has announced that it is now a part of the newly established BRP Marine Group. Tracy Crocker, Senior Vice-President and General Manager of Evinrude since 2017, has been appointed President of the Group, effective immediately. Crocker…
Euroseas Ltd. (NASDAQ: ESEA) delivered M/V Monica P, a 46,667 dwt drybulk vessel, built in 1998, to its buyer, an unaffiliated third party. The gross proceeds of this sale were $6.45m. The vessel was held for sale as of March 31, 2018.Following the sale of M/V Monica P…
FairfieldNodal has changed its name to Fairfield Geotechnologies (Fairfield Geo). The name change reflects Fairfield Geo’s strategy and continuing evolution as a provider of life-of-field technology, data and solutions.FairfieldNodal pioneered…
DNV GL has appointed Neil Jamieson Fraser as its new head of Noble Denton marine services in the UK and West Africa. The role will focus on marine warranty, marine advisory/assurance, technical assurance, and advanced engineering services. Fraser…
The Baltic Exchange's main sea freight index rose on Thursday after an eight-session losing streak, on higher rates for capesize vessels. The overall index, which tracks rates for ships carrying dry bulk commodities, rose 20 points, or 1…
Fincantieri Bay Shipbuilding has signed an agreement with VanEnkevort Tug & Barge, Inc. to construct a new self-unloading barge for transportation of bulk products throughout the Great Lakes region. Measuring 740 feet in length (78 feet W…
Polish Oil & Gas Company (PGNiG) and Venture Global LNG have entered into an agreement relating to the terms of delivery of liquefied natural gas from Calcasieu Pass LNG and Plaquemines LNG facilities. The agreement defines basic terms…
U.S. manufacturer of lithium-ion cells and battery systems XALT Energy’s XPAND Battery system has been certified as acceptable for installation on all marine vessels classified by DNV GL. According to a press release from the company, XPAND…
Leading classification society ClassNK has released its annual report on Port State Control. The report aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained…
Oakland’s largest marine terminal operator plans to clear the air using hybrid cargo-handling technology. SSA Terminals said today it will retrofit 13 diesel-powered cranes with diesel-electric hybrid engines. The upgrade is estimated to…
Xeneta, the leading ocean freight rate benchmarking and market intelligence platform, is launching a product offering that aims to transform the way shippers, freight forwarders and carriers conduct freight rate negotiations. The Oslo headquartered firm has created a new offering…
Indian Ministry of Shipping’s flagship program for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Delhi, recognizing the programmes’s contribution to…
Diana Shipping announced that on June 20, 2018, it signed a term sheet with the French bank BNP Paribas for a five year loan facility of up to US$75 million, subject to loan documentation. The global shipping company specializing in the…
