Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks…
On Sept. 1, as category 5 Hurricane Dorian ravaged the Bahamas, YachtAid Global’s Operation Topaz prepared to assist.Numerous vessels over 100-ft. LOA deployed swiftly to the Bahamas. They were engaged by YAG in Operation Topaz’ relief effort…
The CMA CGM Group announced the appointment of Olivier Casanova as Group Deputy Chief Financial Officer.He will also serve as CEVA Logistics’ Chief Financial Officer.Casanova is a graduate from HEC. He started his career in 1991 as an investment…
The Port of Los Angeles has set a new single-month cargo record for the fifth consecutive month making it the busiest August in the Port’s 112-year history.During the month, the port moved 861,081 Twenty-Foot Equivalent Units (TEUs), an increase of 4…
Associated British Ports (ABP), the UK's largest port operator, teamed up with the Women in International Shipping and Trade Association (WISTA UK) to organize a reception to promote the ongoing effort to drive gender diversity across the maritime industry…
Greek boxship owner Performance Shipping disclosed that it has received a noncompliance notification from the Nasdaq Stock Market.The notice was received from the regulator because the company's closing share price was below $1.00 per share for 30 consecutive days…
Port of New Orleans (Port NOLA) President and CEO, and New Orleans Public Belt Railroad Corporation (NOPB) CEO Brandy D. Christian highlighted record volumes and bold vision for the future in the 2019 State of the Port address.Christian outlined…
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, said that Anders Jorgen Røine has joined the company as Direct Sales Commercial & Business Development Director based in the office in Oslo…
This week, Hurtigruten’s expedition cruise ship MS Roald Amundsen wrote a new chapter in exploration history – the first battery-hybrid powered ship to traverse the Northwest Passage.As the MS Roald Amundsen arrived Nome, Alaska, in the evening of September 10…
China Merchants Heavy Industry has delivered an expedition cruise vessel to SunStone Ships, the first of its next-genn INFINITY-class vessel and perhaps more significantly China's firm entrance into the cruise ship building sector.The arrangement…
Vestdavit secured an order to supply three new Norwegian Coast Guard vessels with davits equipped for polar conditions, in a project which also calls for installation of a deck-mounted transfer system for rapid deployment.The ships are being…
A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week…
New research into maritime startups concludes that higher bandwidth connecting ships to shore at lower costs is empowering a new breed of single-minded innovators to bring the true benefits of digitalization to the shipping and offshore sectors…
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize…
Hyundai Samho Heavy Industries (HSHI), a unit of the South Korean shipbuilder Hyundai Heavy Industries (HHI), has won an order for a liquefied natural gas (LNG) carrier.According to a stock exchange announcement by HHI, the deal has a value of $191…
