Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc. In addition, one of the joint-venture companies…
The Army Corps of Engineers withdrew on Tuesday its state permitting application for a Penobscot Bay dredging project opposed by lobstermen, tourism business owners and environmentalists. The Portland Press Herald reports Corps project…
Shipping has a carbon footprint the size of Germany and growing. Unchecked, it could account for up to 14% of global emissions by 2050, says a report from RTCC (Responding to Climate Change). UK and US envoys admit to industry the International…
DNV GL’s ISM Internal Auditor training aims to impart practical knowledge on how to conduct audits, including auditing practices, guidance, preparation, execution and follow-up. According to DNV GL, participants taking part in its ISM Internal…
Hempel A/S announced that CEO Pierre-Yves Jullien will be succeeded by Henrik Andersen, Group COO of ISS A/S, by March 1st 2016. Henrik Andersen has been with ISS A/S since 2000, since 2011 as Member of the Executive Board, first as Group CFO and from 2013 Group COO…
The world’s oldest enclosed commercial wet dock in Liverpool, North-west England is celebrating its 300th anniversary. Known locally as the ‘old dock’, it opened for business on 31 August 1715, providing a blueprint for the development of other trading ports…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
During the testing phase of the new Pacific locks for the Panama Canal, some water seepage was detected in a specific area of the new Pacific Locks in a section that separates the middle chamber and lower chamber, as they were being stressed…
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment…
China Merchants Energy Shipping Co., Ltd, a subsidiary of China Merchants Group, on Friday denied media reports that China Merchants Group would merge with Sinotrans & CSC Holdings Co., Ltd. CMES, an ocean transporter of crude oil and other energy sources…
From 1 October, a new regulatory amendment will come into effect which requires cruise ships calling to use low sulphur fuel (01% of less) while berthed in Sydney Harbor.A second stage of the amended regulation, which will require the use of low sulphur fuel (0…
The Maritime Silk Road Society (MSRS) was inaugurated on Monday to explore new development opportunities for the Hong Kong Special Administrative Region in the context of the Belt and Road Initiative, reports Xinhua. 'The Maritime Silk…
The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe.At Donsö Shipping Meet 2015, the Minister for Infrastructure…
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
The UK P&I Club one of the leading shipping protection and indemnity mutual insurers, has awarded Tobias Rennekamp the Robin Travis Scholar for 2015.Tobias will spend three months in the Thomas Miller London office and the offices of selected lawyers…
