German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs, demand in Asia recovers and fleet capacity is tight, chief executive Rolf Habben Jansen said on Friday.'Oil prices have fallen sharply in the coronavirus crisis…
Brazil's Vale and China's Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6 million) in iron ore storage and processing facilities in Zhejiang, a local government statement said on Friday.The move follows the…
Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the U.S.'Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor…
The world’s largest containership powered by liquefied natural gas (LNG) began its first gas bunkering operation in Rotterdam on Thursday, French shipping company the CMA CGM Group said.The CMA CGM Jacques Saadé, which has an 18,600 cubic meter tank…
Recently the United States Navy and NOAA signed an agreement to jointly expand the development and operations of unmanned maritime systems in the nation’s coastal and world’s ocean waters. RDML John Okon, Commander, Naval Meteorology and Oceanography Command…
Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part of efforts to reduce pollution in ocean shipping.After announcing three years ago that it would adopt LNG, French…
Oceanology International, the world's largest exhibition and conference for the subsea sector, was originally scheduled for March 2020, subsequently rescheduled to December 2020 due to COVID-19. The organizers last month announced the need to…
The incorporation of information and communications technologies (ICT) is transforming the way the maritime industry is doing business. While the sector is beginning to reap the benefits of integrating smart solutions in its operations, there…
I had only been working as a graduate engineer for a few years and was minding my own business working for a yacht designer when my boss asked me to get in touch with a person who was looking for engineering analysis. I called the number and arranged for the person to meet me at the office…
The common perception of intact stability has remained largely unchanged over the last few decades, where a vessel’s stability is evaluated using classical and static means: limits on righting arms, residual areas, and determining maximal VCG (or minimal GM) composite curves…
Swire Shipping deployed its first 2,750TEU newbuild, MV Lae Chief, on its upgraded North Asia Express (NAX) service. Launching the new fixed-day fortnightly service with her maiden voyage, the vessel made her first port call in Shanghai on November 5…
Stena Line celebrates today (November 12, 2020) the 25th anniversary of the relocation of its ferry services to Belfast from Larne in 1995. In that time the company has achieved a number of key milestones including transporting in excess of 33 million passengers…
Lindblad Expeditions Holdings, Inc. named David Goodman as its Chief Commercial and Marketing Officer, effective November 9, 2020. Goodman spent more than years running divisions of global multi-media organizations, overseeing revenue, marketing…
Oregon's Port of Portland has set out to develop a thriving jobs center.The Port of Portland Commission unanimously approved a Master Development Agreement (MDA) with Specht Development Inc. and Colas Development Group (CDG) to manage land in Gresham for marketing and development services…
The loading of five cargo ships in different grains ports in Argentina has been stalled for days due to strikes by port workers, the labor union representing the employees and an industry source said on Wednesday.ADM and the local ACA cooperative…
