Incidents involving container ships, although not new, have made the news much more frequently of late. In 2011 the Container Incident Notification System (CINS) was established to allow container ship owners to self-report incidents that might be of concern the other members of the group…
The Board of Directors of MHI Vestas Offshore Wind has appointed Johnny Thomsen as the new Co-CEO following the resignation of Lars Bondo Krogsgaard.Thomsen is the former Vestas Senior Vice President of Product Management, said a press note from the Dutch offshore wind power solutions provider…
The U.S. Coast Guard (USCG) announced that two new Fast Response Cutters (FRCs) will be named in honor of Coast Guard reservists who served in the New York City Police Department and New York City Fire Department and lost their lives responding on 9/11…
German international shipping and container transportation company Hapag-Lloyd AG announced that it is expanding fleet on Atlantic Loop 3 service between the US and Europe.'Our Atlantic Loop 3 Service (AL3) fleet is growing with the addition of the 4…
The European Investment Bank (EIB) on Monday formally agreed to provide 140 million euros (USD $154.5 million) to support expansion and upgrading of Piraeus Port, Greece's main port.The largest ever loan for port investment in the country by Europe’s long-term lending institution…
Cutting the speed of ships has huge benefits for humans, nature and the climate, according to a new report, a new report published by Seas at Risk and Transport & Environment (T&E) has highlighted.A 20% reduction would cut greenhouse gases but…
Guatemala’s Superintendence of Tax Administration (SAT), customs entity, has recognized APM Terminals Quetzal’s transparency and security through its accreditation as an Authorized Economic Operator (AEO). The terminals achieved a 100% compliance rating…
Streamlining the many administrative procedures necessary when ships enter or leave port is an important element of International Maritime Organization (IMO)'s work.And now, an important tool used by software developers to create systems for…
German shipping asset manager MPC Capital has acquired a strategic stake of 50 percent in compatriot tanker chartering company Albis Shipping & Transport.The Hamburg-based asset and investment manager informed that, Albis, led by Kim Moeller…
The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation.According to DNV GL…
The Asian liquefied petroleum gas (LPG) market stood at over $81.4 billion in 2018 and is projected to grow at a CAGR of over 5% to cross $109 billion by 2024, as increasing demand for LPG as a fuel for power generation in remote and off-grid…
Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities…
Drew Amos has been hired as the new Regional Sales Manager for Southern California. Amos is a graduate of Humboldt State University where he earned his Bachelor’s degree in Sociology. Amos’ extensive sales background makes him an asset to the WAGO team…
Chief Operating Officer (COO) Søren Toft has decided to pursue another opportunity outside the company and will leave A.P. Møller - Mærsk A/S effective today. CEO Søren Skou will take on the responsibilities of the COO in the interim.The Executive Board will hereafter consist of Søren Skou…
Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities…
