Latest News - page 585

 

Tidewater Elects Larry Rigdon as Chairman

Nov 01, 2019

Tidewater, which owns and operates the largest fleet of offshore support vessels in the industry, announced that Larry T. Rigdon has been elected Chairman of the Board effective October 28th.Rigdon replaces Dr. Thomas R. Bates, Jr., who has recently resigned from the board…

Hunter Group Takes Delivery of 3rd VLCC

Nov 01, 2019

Norwegian investment company Hunter Group said that its wholly owned subsidiary Hunter Tankers has taken delivery of its third newly built very large crude carrier (VLCC) and subsequently delivered it to its new owner.The new VLCC with hull number 5457…

OET Gets Loan for Two Suezmax Newbuilds

Nov 01, 2019

Greece-based shipping company Okeanis Eco Tankers (OET) said it  has secured funding to finance the pre-delivery of two new ECO scrubber-fitted Suezmax tankers.The Greek tanker owner and operator said that it has secured commitment to a USD 45…

CPLP to Fit Six more Ships with Scrubbers

Nov 01, 2019

Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation of a wide range of cargoes, including dry cargo and containerized goods, said that it is planning to install exhaust gas cleaning systems (scrubber) in six more vessels…

IRENA: Shipping Industry Must Cut Emissions

Oct 31, 2019

The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in line with International Maritime Organization (IMO)’s sustainability targets…

Singapore Launches digitalPORT@SG

Oct 31, 2019

Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat, DPM Heng announced the launch of the Maritime and Port Authority of Singapore’s (MPA) ‘digitalPORT@SG’, a digital Portal for One-stop Regulatory Transactions, which is…

Performance Shipping Appoints Dy CEO

Oct 31, 2019

Performance Shipping, a global shipping company specializing in the ownership of vessels,  announced that its board of directors has unanimously appointed Andreas Michalopoulos to the position of Deputy Chief Executive Officer, effective immediately…

Iranian, Algerian Ports Sign MoU

Oct 31, 2019

A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime between the port of Imam Khomeini and the ports of Algeria.Adel Deris, Director General of Khuzestan Ports and Maritime…

Interview: Cory Wood, VP, Bristol Harbor Group

Oct 31, 2019

Born at the University of Michigan in the early 1990s, Bristol Harbor Group (BHG) has grown into a diverse and widely respected naval architecture and marine engineering firm. Cory Wood, Vice President and one of the four co-founders of BHG…

Greensea Expands Workforce

Oct 31, 2019

Greensea, creator of OPENSEA, the universal open software architecture for the marine industry, recently added three key personnel to its team to address current and future growth and to support its core business strategies. Positions have been…

Bray Joins Furuno USA

Oct 31, 2019

Furuno USA has announced the hiring of Matt Bray as a new Sales Associate for the Southeast region. A 2010 graduate of Fairleigh Dickinson University, Bray comes to Furuno with a background in marine electronics and electronics system installation…

Vessel Op Costs to Rise in 2019 and 2020

Oct 31, 2019

International accountant and shipping adviser BDO said total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020.Responses to the firm’s latest annual Future Operating Costs Survey revealed that…

Mackay Marine Acquires ChartCo’s Compass Business

Oct 31, 2019

Mackay Marine has acquired ChartCo’s Compass Services’ comprehensive magnetic compass business, effective October 9, 2019. This includes personnel, field service kits, compass calibration & repair laboratory, tools & equipment, compass & spare parts inventory…

China to Proceed with US Trade Talks as Planned

Oct 31, 2019

China's commerce ministry said on Thursday that Beijing and Washington will proceed with the bilateral trade negotiations according to plan and that the talks are progressing well.The ministry, in a statement, said the two sides remain in close…

E&P Companies Struggle on RoI

Oct 31, 2019

International  exploration & production (E&P) are struggling to make money from offshore investments made during the latest investment upturn, according to a new study by Rystad Energy.Rystad Energy has evaluated all offshore oil fields sanctioned…

Logistics News

Companies Scramble to Secure Ships to Transfer Venezuelan oil

Companies Scramble to Secure Ships to Transfer Venezuelan oil

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Turkey to Import 210,000 Metric Tons of Feed Barley

Turkey to Import 210,000 Metric Tons of Feed Barley

Senalia Expects Double Grain Shipments in 2025/26

Senalia Expects Double Grain Shipments in 2025/26

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