It seems the U.S. cannot do enough to fast-track the construction of its new icebreaking fleet, as the USCG announce last night that the 150-member crew of the U.S. Coast Guard Cutter Polar Star fought a fire at approximately 9 p.m. PST Feb…
The PowerStak family of high performance, fully powered stackers from Presto ECOA offer significant performance advantages over manual stackers and significant cost savings versus forklift trucks. Because they feature both powered lift and powered drive…
Kalmar, part of Cargotec, is celebrating a significant milestone with the production of its 70,000th Kalmar Ottawa terminal tractor. Destined for long-standing customer Penske Truck Leasing, the truck was completed on 27 February at Kalmar's US manufacturing facility in Ottawa…
Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million for the quarter and year ended 31 December 2018, compared to $ 19.96 million in the same period in 2017…
Foss Maritime announced the keel laying of the first of its new class of ASD 90 tugboat, to be built at Nichols Brothers Boat Builders in Freeland, Washington.Nicole Engle, one of the principals of Foss’ parent company, Saltchuk, made the first ceremonial weld of her initials into the keel…
World Fuel Services (WFS) reports that it has extended its capacity in the port of Gibraltar with the addition of two barges to its physical bunker operations. The barges, dedicated to Marine Gasoil and Ultra Low Sulfur Diesel, also offer the option for multiple product segregation…
Following Ulrich Müller's resignation as CEO the board of directors of Belships ASA appointed Lars Christian Skarsgård (38) as new CEO in Belships ASA. Skarsgård is currently a director at Fearnleys AS and will assume his position as CEO on March 15…
Qatar-based maritime transport and logistics company Qatar Navigation (Milaha) reported a 10% rise in its net profit for the twelve months ended December 31, 2018.The Middle East maritime and logistics company delivered a net profit of QAR 516 million (USD 141…
Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES)…
The newly structured Nhava Sheva – Mundra-Gulf (NMG) service commenced operations at APM Terminals Mumbai on February 21, 2019. First vessel call for this service was made by Sima Marine’s M.V. OEL Transworld.The NMG is a weekly service connecting various ports in middle east…
Konecranes has received an order from the Thessaloniki Port Authority SA for 12 Konecranes Noell Straddle Carriers. The delivery time is exceptionally short. The machines will be ready for acceptance in March 2019. The Thessaloniki Port Authority SA…
The Canadian Senate is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia (Bill C-48: An Act respecting the regulation of vessels…
Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday.'Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust…
Hurtigruten’s MS Roald Amundsen is nearing completion at Kleven Yard. This weekend the world’s first hybrid powered cruise ship completed her first sea trials in the fjords along the western coast of Norway.With Norwegian fjords as testing ground…
Fitch Affirms Port of Oakland, CA's Sr. Revs, Intermediate Revs and Bank Bonds Underlying CP Notes.Fitch Ratings has affirmed the following Port of Oakland, CA bonds:$637 million of senior lien revenue bonds at 'A+';$218 million of intermediate lien revenue bonds at 'A'…
