Damen Shipyards signed a contract with the Ministry of Infrastructure, Communications & Transport of the Revolutionary Government of Zanzibar for the supply of five inshore ferries to carry tourists visiting Pemba Island and others nearby in the Zanzibar Archipelago…
Norwegian technology enterprise Kongsberg Maritime announced that it increased operating revenue to NOK 5,490m (USD 593mln) from NOK 2,041m (USD 220mln) in the fourth quarter.Growth excluding acquired business is 21%, said a press release from the Kongsberg Gruppen (KOG) company…
The Helen Delich Bentley Port of Baltimore recorded another record-breaking year in 2019. Figures released show new high marks for cargo tonnage passing through the Port’s public and private marine terminals, as well as new benchmarks for containers and the number of cars and light trucks handled…
Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched…
Waterways Council, Inc. (WCI) President and CEO Michael J. Toohey has revealed plans to retire, the group announced to its Board of Directors and members at its meeting in Washington, DC on Wednesday.“Having turned 71 this month, I believe it is time to focus on my faith…
S.C. Ports Authority was awarded a nearly $20 million federal grant to assist with building vital infrastructure at Wando Welch Terminal in support of the Charleston Harbor Deepening Project.The U.S. Department of Transportation awarded the Port Infrastructure Development Grant for S…
Colleen Stephens, President of Stan Stephens Glacier & Wildlife Cruises will be President of the Passenger Vessel Association (PVA) for 2020, the trade association announced.Elected during the PVA Annual Convention at MariTrends 2020 held February 3-6…
A.P. Moller - Maersk has appointed Patrick Jany as its new chief financial officer, effective May 1, 2020.Jany, a German citizen, joins the world's largest shipping company as CFO and a member of the executive board after more than two decades with Swiss chemicals company Clariant…
Upstream companies cut 208 deals worth $156 billion in 2019, with value up $26 billion year-on-year. However, the number of transactions was 40 percent below the five-year trend, pointed out latest report by Deloitte.That, combined with the…
Red Sea Gateway Terminal (RSGT) announced the arrival of the first consignment of new advanced terminal equipment, which includes terminal trucks and trailers that will accelerate and speed up port and quay operations at the Northern Part of Jeddah Islamic Port (JIP)…
The federal government allocated $93 million for the next phase of deepening the Jacksonville shipping channel to 47 feet from its current depth of 40 feet. Of the total $93 million investment, $57,543,000 is included in the U.S. Army Corps of Engineers’ Fiscal Year 20 Work Plan…
The global provider of maritime transportation services in the drybulk and product tanker sectors Grindrod Shipping Holdings announced acquisition of an additional 33.25% stake in its IVS Bulk joint venture and the sale of the 2010-built small product tanker Kowie…
Russian state-controlled shipowner Sovcomflot (SCF) has named the 174,000m³ SCF La Perouse - the first of three LNG tankers on order with South Korean shipbuilder Hyundai Heavy Industries (HHI).The LNG carrier named after Jean-François de la Pérouse…
Resolve Alaska, the northwest operating arm of the Resolve Marine Group, has appointed A.W. McAfee as its new Managing Director.McAfee will be responsible for overseeing Resolve’s operational response and recovery activities. His immediate strategic…
New Orleans based offshore vessels company Harvey Gulf International Marine said it has signed an agreement with its CEO, Shane Guidry, to remain at Harvey until January 1, 2027.Guidry commented, “Over the past several years, Harvey Gulf has…
