Danish shipping company A.P. Moller-Maersk adjusted its expectations for its 2019 profit upwards on Monday following lower fuel prices and capacity management in the third quarter.Maersk said it expects earnings before interest, taxes, depreciation and amortisation (EBITDA) in the range of $5…
Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the first nine months of this year.Nakilat, which has the largest LNG shipping fleet in the world…
On October 18 the U.S. Coast Guard issues a Request for Information (RFI) for information and planning purposes only.On October 10, 2019, the U.S. Department of Homeland Security approved and granted extraordinary relief to Eastern Shipbuilding Group…
VDL AEC Maritime as scrubber supplier has strengthened its position on the German market by entering a partnership agreement with Krabiell. With the nomination of Thomas Krabiell as the official representative of VDL AEC Maritime in Germany…
The Shoreham Port team are donning their favorite pink items and taking part in an office bake sale today in support of Wear it Pink, the annual fundraising day that raises money for Breast Cancer Now. Staff across the Port’s two offices are raising money which will be match funded by the Port…
Kawasaki Kisen Kaisha, Ltd. Mitsui O.S.K Lines, Ltd. and Nippon Yusen Kabushiki Kaisha (NYK) have begun sharing of operational data acquired from the monitoring system installed in their container ships with their charter, Ocean Network Express Pte…
This year has already seen an alarming number of container ship fires including Yantian Express, APL Vancouver, Grande America, E.R. Kobe and KMTC Hong Kong.The escalation is of growing concern to IUMI (International Union of Marine Insurance)…
The Port of Rotterdam Authority is intensifying its joint activities with parties in India. 'As one of the fastest growing economies in the world, India is investing heavily in the development of seaports, industrial areas and hinterland connections…
U.S. House Speaker Nancy Pelosi said on Thursday lawmakers were getting closer to an agreement with the Trump administration on revisions to the deal negotiated by the Trump administration with Canada and Mexico.'I can honestly say that I think every day we are becoming closer…
In a move which supports ChartCo’s ongoing expansion, the company is relocating from Driemanssteeweg 200 to Parmentierplein 20, Rotterdam with a brand-new technology office, thereby siting the firm at the epicenter of Europe’s largest port.ChartCo’s…
The GMN global network of maritime technology cooperation centers has completed numerous pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping. A global network…
Washington Maritime Blue, the Port of Seattle and WeWork Labs have partnered to launch Washington’s first maritime accelerator to help maritime companies innovate and grow. The accelerator, which is currently accepting applications through November 18…
The ports of Liverpool, Heysham and Sheerness (London Medway) have the capability to limit the impact the UK’s expected departure from the EU on October 31, is expected to have on trading, according to their operator, Peel Ports.With a combined capacity to handle 1 million RORO (roll on…
Castrol has advised the shipping industry to expect a period of ‘new normal’; where continuous change in environmental compliance standards is driven by regulation, adding layers of technical complexity for owners and operators.With the shipping…
Transnet National Ports Authority has redeployed a new tug to the Port of Cape Town, as Tug UMBILO went into service recently after being redeployed from the Port of Durban.Built in 2017, UMBILO was the sixth of nine new vessels to roll off…
