Portugal's Navalrocha shipyard reports a strong influx of BWTS (Ballast Water Treatment System) retrofit projects for 2020.The shipyard completed its first ever BWTS installation with technical engineering partner Step Consolidated on the Paxoi bunker tanker…
One of the most worrying trends that has developed recently - which will affect shipping demand in the years to come - is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globaliztation as well as increasing protectionist measures being implemented around the world…
Brazilian authorities on Wednesday targeted Maersk and other companies for allegedly paying bribes to get an edge in securing shipping contracts with state oil firm Petroleo Brasileiro SA, in the latest phase of a sprawling graft probe.Federal prosecutors said in a statement that Denmark's Maersk…
Danish integrated logistics giant A.P. Moller - Maersk appointed Vincent Clerc as CEO of Ocean and Logistics and Henriette Hallberg Thygesen as CEO of Towage, Manufacturing & Others.“A year ago, we integrated our customer facing roles across the company…
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions.'The global maritime transport industry has submitted a proposal…
SAL Heavy Lift, a carrier specializing in sea transport of heavy lift and project cargo, announced that it will expand its fleet with three heavy lift vessels with 800t lifting capacity in early 2020.The three vessels - “MV Hanna”, “MV Klara”…
Underwater hull cleaning specialist HullWiper Ltd is joining forces with GAC Qatar in preparation to launch its hull cleaning solution at the Qatari port of Ras Laffan in early 2020 to meet growing demand for eco-friendly hull cleaning solutions…
Following DP World’s recent acquisition of Topaz Energy and Marine and its integration with P&O Maritime created a new brand P&O Maritime Logistics - a global provider of maritime solutions in offshore, port services and logistics.Through the synergies created by the merger of the two companies…
The Baltic Exchange's main sea freight index fell for a tenth-straight session on Tuesday, as capesize vessel rates hovered near a six-month low.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities…
Høglund Marine Solutions and DNV GL have signed a Memorandum of Understanding (MoU) to help generate and export big data from ships.This is a step towards greater digitalization of the marine industry, providing Høglund with the opportunity…
The technology group Wärtsilä will supply its Vessel Traffic Service (VTS) solution to two of France’s leading ports, Calais and Boulogne. The Wärtsilä VTS will effectively manage vessel traffic in these busy harbors to deliver greater operational efficiency and safety…
Carnival Corporation has announced it has joined the Getting to Zero Coalition.Carnival Corporation is the first cruise company to join the global alliance.The coalition’s goal aligns with the International Maritime Organization’s (IMO) strategy…
The UK Hydrographic Office (UKHO) appointed Rear Admiral Peter Sparkes to the position of National Hydrographer and Deputy Chief Executive.As National Hydrographer, Sparkes is the UK government’s representative at the International Hydrographic Organization (IHO)…
Russia plans to invest $500 million in the Syrian port of Tartus and build a grain hub there to boost its presence on Middle East markets, Interfax news agency cited Deputy Prime Minister Yury Borisov as saying on Tuesday.Russia, the world's largest wheat exporter…
As 2020 approaches, the year ends with the tantalising prospect of a trade deal between the United States and China. Again.Initial agreement to de-escalate the tariff war between the world's two biggest economies has been interpreted as a positive for the global economic outlook…
