CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy…
The Federal Government Coordinator for the Maritime Industry, Norbert Brackmann, has been honored with the Port Award 2019. The prize was presented to him on September 5th on the occasion of the traditional “Sprottenback” event hosted by the companies of Kiel’s maritime industry…
The first expedition cruise vessel in SunStone’s INFINITY class series was named ‘Greg Mortimer’ at the China Merchants Heavy Industry (CMHI) Haimen base on September 6, 2019. The vessels have been designed and developed by Norway-based Ulstein…
It’s an industrial workhorse with humble beginnings and it’s turning 70. Taylor-Dunn, part of Polaris Inc., started in the garage of RD Taylor in 1949 when he designed and built his first electric-powered cart to help him drive new efficiencies across his small poultry supply business…
BMT, a leading, multidisciplinary management consultancy, has reported phenomenal growth in sales of its maritime simulator and has just signed multiple key contracts with select cruise lines including Holland America Line, Princess Cruises…
Resolve Maritime Academy, the learning arm of the Resolve Marine Group, has welcomed Chauncey Naylor as the Academy’s new Director responsible for operational management, strategic course, and certification development. Naylor comes to Resolve from Williams Fire and Hazard Control in Port Arthur…
Global research recently conducted by Lloyd’s Maritime Academy has revealed that over 41% of people surveyed still receive no funding from within their business for training, with a mere 20% stating that they receive 75-100% funding. Following…
The increased demand for travel to and from Tallinn was clearly reflected in the number of passengers aboard Viking Line during this past summer. The number of passengers on M/S Viking XPRS, which sails regularly along the route, exceeded the 600…
The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won a green light on Thursday.The project will have a production capacity of 19.8 million…
Iran is all set to build the country's largest mineral mechanized terminal collaborating with the private sector in Shahid Rajaee port.Mohammad Ali Hassanzadeh, Deputy Director of Ports and economic Affairs of Ports and Maritime Organization…
Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31…
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has been recognized with the 2019 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for the company’s seafarer safety activities…
The seaborne shipping and logistics company Navios Maritime Holdings took delivery of the Navios Herakles I, a newbuilt bareboat chartered-in Kamsarmax of 81,600 dwt.The dry bulk owner has also acquired from an unrelated third party, a previously chartered-in vessel…
Bollinger Shipyards announces the promotion of Christian Pierce to Director of Engineering.Within this role, Pierce will lead the engineering department in all facets of engineering on both government and commercial programs and is responsible…
The two companies to cooperate on offerings for the global supply chain.Tideworks Technology announced cooperation activity with Liebherr Container Cranes Ltd. (LCC).This is Tideworks’ first cooperation with an equipment manufacturer and demonstrates…
