Total number of Tanker orders are down by 26% for 2020 YTD compared to the same period in 2019. By comparing to 2018 YTD, this year there have been half the number of orders placed. This comes as no surprise as Europe and the US entered the lockdown phase of the pandemic earlier this year…
Terminal operating systems (TOS) solutions provider Tideworks Technology has entered into a joint venture with software applications and consulting services company Brenock Technology to deliver tech solutions aimed at helping the cruise industry rebound from the coronavirus pandemic…
Maritime risk management and environmental assessment organization RightShip launched its new Safety Score in response to industry feedback that called for more transparent methods of assessing vessels.RightShip said it has spent the last two…
Gauging the market impact of Italian shipyard Fincantieri's bid for France's Chantiers de l'Atlantique is proving difficult and is likely to take some time, the European Union's antitrust chief Margrethe Vestager said on Tuesday.Italy sees the…
Heléne Mellquist has been appointed as President Volvo Penta and new member of Volvo Group Management. She will replace Björn Ingemanson, who is retiring. Mellquist, born in 1964, currently holds the position as President for the European Division at Volvo Trucks…
U.S.-based drybulk shipowner Genco Shipping & Trading Limited announced the successful full crew change of the Genco Liberty, a 180,032 DWT Capesize vessel, marking the first full crew change under new COVID-19 protocols in Singapore. A total of 37 seafarers were involved in this crew change…
Canadian bulk shipping company Fednav said Monday it will reorganizing its commercial and technical shipping businesses under one management entity.The Marine Department, led by Executive Vice-President Tina Revsbech, will unite the traditional…
U.S. sanctions imposed on Iran's shipping network took effect on Monday, months after they were announced in December following accusations of supporting proliferation of weapons of mass destruction.U.S. Secretary of State Mike Pompeo in a statement…
Clandestine migration has been a problem for the transport sector across Europe for some time now. While more stringent border crossing checks have been imposed due to the current COVID-19 crisis, the risk to operators is not diminished. Furthermore…
An NYK-operated ore carrier Owari Maru was awarded the Meteorological Agency's Director-General Award on June 1 for the contribution the ship has made to meteorological business development by observing marine weather conditions and transmitting observation results over an extended period of time…
Miika Reinikka has been selected as the next CEO of Yaskawa Environmental Energy / The Switch to take over the role from Jukka-Pekka Mäkinen, current CEO and founder, from July 1, 2020.Reinikka has worked at The Switch for more than 10 years…
ABB announced Monday it has won a contract to supply the digital solution ABB Ability Marine Advisory System – OCTOPUS to Roll Group’s recently delivered vessel, BigRoll Biscay.BigRoll Biscay is the eighth vessel in Dutch heavy lift specialist’s fleet to rely on ABB marine software…
A new digital service launched by container carrier ZIM in May 2020 is designed to enable new and existing customers to receive instant spot quotes as well book their shipment with guaranteed space on board the designated vessel.Part of ZIM’s growing range of offered digital services…
China's coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, customs data showed on Sunday.Analysts and industrial participants had expected China to tighten coal import…
More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scrambled to get ahead of possible disruption caused by the ravages of the coronavirus pandemic…
