On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group.Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping…
Damen Shipyard Group’s new transshipment Crane Barge (CBa) 6324 has got off to a strong start, with an order for the first unit from a client in Uruguay. The barge features the proven Liebherr CBG 350 crane as standard and on this occasion…
The former chairman of Chinese state-run shipyard Hudong-Zhonghua Shipbuilding has been charged with taking bribes, prosecutors said on Friday, the latest official to be swept up in President Xi Jinping's anti-corruption crackdown.The…
President Michelle Bachelet of Chile enacted new environmental tax legislation on Friday making the country the first in South America to tax carbon dioxide (CO2) emissions.Part of a broad tax reform, Chile's carbon tax will target the power sector…
The arrival of the cruise ship Norwegian Star at Lerwick Harbour today (Thursday 25 September) marks the end of the Shetland port's best season yet, with two records achieved.Passenger numbers reached a new high at 43,056, topping the previous record of 37…
Seakeeper proudly introduces five new models, offering stability and roll reduction for vessels 30’ and larger! The product range now includes the Seakeeper 5, 9, 16, 26 and 35 models, with gyros that are smaller and more powerful than ever…
Continuing its efforts to alleviate poverty worldwide, Caterpillar Inc. and the Caterpillar Foundation are making a $2.5 million investment in The Global Poverty Project. The investment will support growing the Global Citizen grassroots movement around the world to end extreme poverty by 2030…
The Hamburg Port Authority (HPA) will implement the new Port Railway IT system, transPORT rail, in the night of 27 to 28 September 2014. To keep disruption on the tracks to a minimum, the switchover will take place overnight. The new…
Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: 'Put a price on carbon.'At the UN's Climate Summit this week a diverse group of global leaders…
Runaway oil production could slow road traffic as drivers face longer delays to cross train tracks in many congested regions, a U.S. study released on Friday predicted.Oil, coal and grain shipments are taxing the national rail grid as…
Ivory Coast said on Friday it would file a complaint with an international jurisdiction after Ghana took legal action to resolve a dispute over the two nations' maritime border in an area rich in hydrocarbons.British firm Tullow Oil has…
Coast Guardsmen and recruits gathered to remember the sacrifice of the Coast Guard’s only Medal of Honor recipient aboard Training Center Cape May, Saturday, Sept. 27. The crew of Training Center Cape May gathered at a statue erected…
The Port of Felixstowe, the Port of Britain, has become the first UK port to receive full Authorised Economic Operator (AEO) status.The AEO initiative was introduced by the European Commission through the Union Customs Code to help simplify…
The U.S. Navy has awarded a $311 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics.Under this option…
Keppel Infrastructure Trust (KIT), through its wholly owned subsidiary1, has entered into an agreement with the National Environment Agency (NEA) to provide additional incineration capacity to the Senoko Waste-to-Energy (WTE) plant, one of the three facilities under KIT's current portfolio…
