Norwegian shipping firm Odfjell SE has appointed Harald Fotland as its new Chief Executive Officer (CEO). Fotland comes from the position as Odfjell's Chief Operating Officer, and will assume the CEO position on May 6, 2022.'We are pleased to have an internal candidate take over the helm at Odfjell…
Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…
Ukraine has formally closed its four Black and Azov sea ports, which Russian forces have captured, the Ukrainian agriculture ministry said on Monday.The Azov Sea ports of Mariupol, Berdiansk, and Skadovsk and the Black Sea port of Kherson were closed 'until the restoration of control'…
The America’s Marine Highways Program is one of several grant programs administered by the U.S. Maritime Administration (MARAD) to promote more effective use of the nation’s navigable waterways. This particular program was established by Congress…
The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighboring Port of Zeebrugge is set to boost overall volumes in coming years, the group's chief executive said on Thursday.Global shipping companies…
A cargo carrying over 71,000 tonnes of Ukrainian corn finished loading in the Romanian Black Sea port of Constanta on Thursday, the first since Russia invaded Ukraine on Feb. 24, the manager of port operator Comvex said.With Ukraine's sea ports blocked since the war started more than two months ago…
Greensea appointed Rob Howard as Chief Growth Officer. Currently Howard is VP Growth & Strategy for Greensea’s sister company Armach Robotics, and Howard’s appointment to Greensea in this newly created role will ensure the company is able to…
The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, reveals the lowest levels of seafarer satisfaction for eight years, with the Index’s measure of overall happiness decreasing from 6.41 to 5.85 and levels dropping across all categories…
The expansion of Schottel’s international network of subsidiaries developed further with the foundation of Schottel East Asia located near Busan. In addition to the growing market in South Korea, business development of the German propulsion expert will now also be intensified in Japan…
In contrast to spot rates on the Far East to North Europe trade which have fallen by more than USD 3,600 per FEU [Forty-Foot-Equivalent-Unit ] since the start of the year, those to the Mediterranean have seen a much smaller decline, falling by just USD 850 per FEU…
GF Piping Systems launched HEAT-FIT at Seatrade Cruise Global in Miami, debuting a lightweight, corrosion-free, and efficient thermoplastic piping system.With the HEAT-FIT Jacket System, GF Piping Systems offers a solution that introduces thermoplastic…
The global push for decarbonization in the transport sector has predictably inspired a wave of new designs for the shipping sector, including a new 'Zero-Emission Handymax Bulker' design from the hands of Eco Marine Power, a design that incorporates renewable energy solutions…
ABB inked a deal with Chantiers de l’Atlantique for Ritz-Carlton Yacht Collection to supply the electric propulsion systems and remote support for the luxury cruise operator’s two forthcoming mega-yachts. The ships are the second and third in a series that began with Ritz-Carlton Evrima…
Ulstein today unveiled a vessel concept that it claims is capable of making the vision of zero emission cruise operations a reality. Dubbed Ulstein Thor, the 149m 3R (Replenishment, Research and Rescue) design will feature a Thorium Molten Salt Reactor (MSR) to generate vast amounts of clean…
Ukraine has sent around 80,000 tones of grains to the Romanian Black Sea port of Constanta so far, with more expected to arrive, the port's manager said on Tuesday.Ukraine's sea ports have been blocked since a Russian invasion two months ago and the country…
