Global shipping and logistics firm Maersk is looking at ways to use drones for delivering equipment to ships and is planning to conduct a test later this year, after using the technology in January for delivering cookies to a tanker at sea…
The European Central Bank has urged German state-owned lender Bremer Landesbank to shore up its capital resources against non-performing loans in shipping, three sources familiar with the matter said.Bremer (BLB) needs another 700 million euros ($800 million) in equity…
The U.S. Coast Guard continues to monitor and respond as the motor vessel Roger Blough is safely anchored in Waiska Bay, Saturday afternoon, after the vessel ran aground May 27 on Gros Cap Reef in Whitefish Bay in Lake Superior.The vessel…
The Los Angeles Board of Harbor Commissioners has approved a $1.17 billion fiscal year (FY) 2016/17 annual budget for the Port of Los Angeles. As in years past, budget allocations closely align and support the four key objectives of the Port’s 2012-2017 Strategic Plan…
The Shipping Corporation of India Ltd (SCI), India’s largest shipping company and a Government of India Public Sector Undertaking, has nearly doubled it’s net profit to Rs. 377.29 Crores for the year ended 31st March 2016 as against a net profit of Rs…
Liebherr USA, Co. has promoted Ana Cabiedes-Uranga to the position of General Manager, Marketing. In her new role she will be responsible for leading and facilitating the company’s marketing efforts and strategy for the eight divisions that fall under the newly formed Liebherr USA…
In time for the start of the cruise season in May, Ports of Stockholm’s most recent and exciting pier construction was inaugurated at the Port of Nynäshamn. It is a seawalk, a 260 metre-long extendible pier that, in a similar way to an extendible measuring ruler…
Frontline Ltd. ('Frontline'), today announces the formation of Suezmax Chartering, a commercial joint venture with Diamond S. Shipping LLC and Euronav NV. The aim of the joint venture is to create a single point of contact for cargo owners to access a large fleet of 43 modern Suezmax vessels…
Jee Ltd, a subsea cable specialist engineering company, has completed a project for a wind farm operator to assess the risks to the array cables within a UK offshore wind farm.With concerns about the integrity of cables on the wind farm…
Leading international classification society Bureau Veritas has developed a one-stop- shop mobile application which will allow marine professionals to easily perform daily class and statutory actions through a user-friendly interface. With My VeriSTAR…
MacGregor, part of Cargotec, has won an order to supply highly-specialised winches for a pilot project using an innovative system that generates electricity from waves. The system is called NEMOS and it is ideally suited to work in combination with offshore wind farms…
DP World Group Chairman and CEO, Mr Sultan Ahmed Bin Sulayem has met the President of Somaliland, Mr Ahmed Mohamed Mahamoud, during a visit to the country following the signing of a term sheet agreement in Dubai earlier this month to invest in the multi-purpose Port of Berbera…
The U.S. Coast Guard continues to monitor and respond to the motor vessel Roger Blough, Wednesday, after the vessel ran aground Friday afternoon on Gros Cap Reef in Whitefish Bay in Lake Superior.Plans continue to progress to safely free…
On 10 May 2016 the dividend of Royal Boskalis Westminster N.V. (Boskalis) for the financial year 2015 has been determined at EUR 1.60 per ordinary share. This dividend shall be distributed in the form of ordinary shares, unless a shareholder opts to receive the dividend payment in the form of cash…
'In order to ensure complete visibility and a seamless transition when adapting to the new SOLAS regulation, we have created a dedicated page on our website to guide you through the new Verified Gross Mass (VGM) regulation,' says a statement from CMA CGM…
