Damen Shipyards Group said it has signed a Letter of Intent (LOI) with Delo Group of companies, establishing plans to open a service hub in the Russian port of Novorossiysk. According to Damen, the new hub will aim to optimize the services…
Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company (MSC) with a new order for container-handling equipment. The order, comprising five Kalmar reachstackers and two empty container handlers, was booked in Cargotec's 2017 third quarter intake…
At annual IUMI (International Union of Marine Insurance) conference in Tokyo, James McDonald, chairman of IUMI’s Offshore Energy Committee warned that the sector was “sinking”. His warning was based on declining total premium income set…
Maritime Connectivity Platform, or MCP, is the new name for what was previously known as the Maritime Cloud. The team behind the Maritime Cloud has decided to change the name of the communication framework. The new name, Maritime Connectivity Platform (MCP)…
As the Ports of Los Angeles and Long Beach (POLA/POLB) begin final consideration of their updated 2017 Clean Air Action Plan, regulators must embrace the future role of diesel technology in the global goods movement sector and the substantial…
Robert (Bob) Clyne, ABS Senior Vice President, General Counsel and Corporate Secretary , was recognized with the Outstanding Professional Achievement Award for his distinguished accomplishments as a graduate who best exemplifies the finest…
Seabury Capital LLC has appointed David M. Turnbull as a Senior Advisor. Turnbull will serve to facilitate Seabury Capital’s expansion of its global product and advisory service offerings in specialty finance, investment banking, technology and software applications…
Lifting Gear Hire (LGH) has acquired the Aberdeen-based hire division of JD Neuhaus (JDN) Ltd., a manufacturer of hoists and crane systems for extreme environments. JDN, headquartered in Germany, will retain its other U.K. divisions, including sales and repair…
Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they have to shut again due to Hurricane Maria, which was a rare Category 5 storm on Tuesday…
The Thames Tideway Tunnel project, London’s new ‘super sewer’, which will upgrade the city’s 19th century sewerage system for today’s eight million plus inhabitants, requires excavation on an enormous scale. Creating a tunnel 25 kilometers in length…
Sweden’s Minister for EU Affairs and Trade to Seoul, Anne Linde, and a high level Swedish business delegation, including Seth Ryding, Head of APAC at Telenor Connexion, are invited as key partners for the Next generation transportation in Smart Cities summit in Seoul on September 20-21…
Singapore Technologies Engineering Ltd (ST Engineering) announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd (ST Engineering Ventures) has made a Series B investment of $5.79m for a minority interest in Janus Technologies…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics, Seoul, for one of its Panamax dry bulk vessels…
The Australian Defence Force Gap Year – Navy is an opportunity for young Australians to experience military training, service and lifestyle through a year-long program, with no further obligations on the participant to continue to serve. The…
Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club. Average contract rates on…
