02/21/2020
Global Container Demand to Grow by 1-3% in 2020
Global Container Demand to Grow by 1-3% in 2020
For 2020, global container demand is projected to grow by 1-3%, as per forecast by A.P. Moller - Maersk.The continued weak global…
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02/21/2020
Global LNG Demand to Double by 2040: Shell
Global LNG Demand to Double by 2040: Shell
Global demand for liquefied natural gas (LNG), rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell’s…
02/21/2020
Kongsberg Sells HUGIN AUV System to NIOT
Kongsberg Sells HUGIN AUV System to NIOT
Norwegian technology enterprise Kongsberg Maritime announced that contracts have been signed for the sale of a HUGIN AUV System to…
02/21/2020
Green Bunker Demand Jumps at Rotterdam
Green Bunker Demand Jumps at Rotterdam
Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation…
02/21/2020
WACT to commence Phase 2 Upgrade
WACT to commence Phase 2 Upgrade
The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative…
02/21/2020
Diana Shipping Fixes Coronis with Koch
Diana Shipping Fixes Coronis with Koch
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte.
02/21/2020
Ofgem Selects Hornsea One OFTO
Ofgem Selects Hornsea One OFTO
UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred…
02/21/2020
Coronavirus to Hit Earnings: Maersk
Coronavirus to Hit Earnings: Maersk
Global integrated container logistics company A.P. Moller - Maersk posted improved earnings and free cash flow for 2019, despite…
02/20/2020
ABS to Class Largest TYPE-B VLECs
ABS to Class Largest TYPE-B VLECs
A Pair of 99,000cbm VLECs Now Under ConstructionTwo of the largest VLECs ever ordered are now under construction to ABS class at…
02/20/2020
Fitzgerald to Rejoin Crowley as COO
Fitzgerald to Rejoin Crowley as COO
Crowley Maritime Corp. announced today that Ray Fitzgerald, who began his career with Crowley and most recently served as president…
02/20/2020
Hamburg Süd Invests in the Mediterranean
Hamburg Süd Invests in the Mediterranean
Hamburg Süd is now exclusively represented by its own offices in Italy and Spain after business was previously partially handled…
02/20/2020
Radio Holland Renews MSA with Jumbo
Radio Holland Renews MSA with Jumbo
Jumbo Shipping has renewed its MSA (Managed Service Agreement) contracts with Radio Holland,The renewal of the MSA contracts concerns…
02/20/2020
NWSA January Container Volumes Drop
NWSA January Container Volumes Drop
The Northwest Seaport Alliance’s total container volume for January 2020 was 263,816 twenty-foot equivalent units (TEUs), a 19.1%…
02/20/2020
Baltic Index Gains for Fifth Session
Baltic Index Gains for Fifth Session
The Baltic Exchange's main sea freight index rose for the fifth straight session on Thursday, supported by an uptick in demand across…
02/20/2020
Shipping Industry Faces $370 mln Hit From New Panama Canal Charge
Shipping Industry Faces $370 mln Hit From New Panama Canal Charge
A new "freshwater" charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year…
02/20/2020
Excelerate to Manage FSRUs In-house
Excelerate to Manage FSRUs In-house
Houston-based Excelerate Energy’s unit, Excelerate Technical Management (ETM) has been authorized to operate as ship manager for…
02/20/2020
Ingeteam Tech for Wallenius LNG Vessel
Ingeteam Tech for Wallenius LNG Vessel
Electric power conversion specialist Ingeteam has signed the contract with Yantai CIMC Raffles Offshore (China) for Swedish Wallenius…
02/20/2020
Elengy Acquires Fosmax LNG
Elengy Acquires Fosmax LNG
Elengy, a subsidiary of French energy group Engie, has acquired French energy group Total's 27.5% stake in Fosmax LNG, owner of the…
02/20/2020
LNG Storage Tank Market to Reach $17.5Bn by 2025
LNG Storage Tank Market to Reach $17.5Bn by 2025
LNG storage tank market is expected to grow from USD 12.5 billion in 2020 to USD 17.5 billion by 2025, at a CAGR of 7.0%, during…
02/20/2020
COVID-19 Could Impact Indian Shipping
COVID-19 Could Impact Indian Shipping
India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia…
02/20/2020
Alphabet Winds Down Makani
Alphabet Winds Down Makani
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy…
02/20/2020
Denmark Needs More Women at Sea
Denmark Needs More Women at Sea
Danish Shipping is focusing on enhanced participation of women in shipping and has introduced many initiatives that have been launched…
02/20/2020
First Subsea Guards NnG OWF
First Subsea Guards NnG OWF
First Subsea, part of the First Tech Group based in Aberdeen, has won the inter-array cables protection contract from DEME at the…
02/20/2020
EDS Wraps Up Horns Rev 3 Work
EDS Wraps Up Horns Rev 3 Work
UK high voltage engineering specialist EDS HV Group has completed consultancy work at Vattenfall's 407MW Horns Rev 3 (HR3) wind farm…
02/20/2020
Finland Accedes to Cape Town Agreement
Finland Accedes to Cape Town Agreement
Finland has become the latest State to become Party to the Cape Town Agreement on fishing vessel safety, said International Maritime…
02/19/2020
In 2020 Boat Operators can Collide or Engage with the Future
In 2020 Boat Operators can Collide or Engage with the Future
Devices, apps and digital are coming fast at sea. As simple and cost effective technology solutions become available for boats, the…
02/19/2020
Russian Exports to China Fall Amid Coronavirus Outbreak
Russian Exports to China Fall Amid Coronavirus Outbreak
Russia's export volumes to China fell by more than a quarter in the first 1-1/2 months of 2020 as China grappled with the coronavirus epidemic…
02/19/2020
Port of Maputo Deepening Ops Complete
Port of Maputo Deepening Ops Complete
Jan De Nul Group reports that it has finished the maintenance dredging operations in the Port of Maputo, Mozambique, for the Maputo Port Development Company.
02/19/2020
Chevron Marine Publishes New White Paper
Chevron Marine Publishes New White Paper
Lubricating duel-fuel auxiliary engines: a practical approachChevron Marine has released the latest in a series of white papers focusing…
02/19/2020
Younger Wins Engineering Award
Younger Wins Engineering Award
Buck Younger, Vice President of Engineering with VT Halter Marine, was named the Marine Engineer/Naval Architect of the Year by the…
02/19/2020
Maersk to Buy U.S. Warehousing and Distribution Firm
Maersk to Buy U.S. Warehousing and Distribution Firm
Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance…
02/19/2020
Calhoun Steps In as WCI's Interim President/CEO
Calhoun Steps In as WCI's Interim President/CEO
Waterways Council, Inc. (WCI) Senior Vice President Deb Calhoun has taken over as Interim President/CEO, effective February 18, 2020…
02/19/2020
SCHOTTEL Propulsion for Turkish-built Tug
SCHOTTEL Propulsion for Turkish-built Tug
SCHOTTEL said it has secured a contract with Turkish shipbuilder Med Marine to provide propulsion units for a newly built escort and harbor tug.
02/19/2020
Wärtsilä Navi-Port Tested for Just-in-time Sailing
Wärtsilä Navi-Port Tested for Just-in-time Sailing
Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have…
02/19/2020
Hapag-Lloyd Raises 2019 Operating Profit by 80%
Hapag-Lloyd Raises 2019 Operating Profit by 80%
German container shipping line Hapag-Lloyd raised its 2019 operating profit by 80% to 811 million euros ($875.47 million) as it earned higher freight rates and
02/19/2020
Japanese Doctor Blasts Ship Quarantine
Japanese Doctor Blasts Ship Quarantine
A Japanese infectious disease specialist has castigated his government's handling of quarantine on a coronavirus-stricken cruise ship…
02/19/2020
France Wants Customs Controls in Irish Sea in Post-Brexit Talks
France Wants Customs Controls in Irish Sea in Post-Brexit Talks
France on Wednesday said it was imperative that negotiations over a future trade relationship between Britain and the European Union…
02/19/2020
Measuring the Hostile Ocean Beneath Hurricanes
Measuring the Hostile Ocean Beneath Hurricanes
Unmanned Vehicles Collect Data for Improving Storm ForecastsThe influences of ocean conditions and currents on living environments…
02/19/2020
IHC Launches Dredger for NMDC
IHC Launches Dredger for NMDC
Dutch shipbuilder Royal IHC launched a new trailing suction hopper dredger (TSHD) for the United Arab Emirates' National Marine Dredging…
02/19/2020
2020 Vision
2020 Vision
The Congress worked hard and most importantly together at the end of the recently-concluded First Session in December to finalize…
02/19/2020
Petronas Inks 12-yr Contract with K-Line
Petronas Inks 12-yr Contract with K-Line
Malaysian national oil company Petronas’ subsidiary Petronas LNG Ltd recently signed a 12-year time charter party (TCP) with a Japanese…
02/19/2020
CGG Officially Exits Seismic Data Biz
CGG Officially Exits Seismic Data Biz
French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition…
02/19/2020
GE Appoints Grid Solutions Chief
GE Appoints Grid Solutions Chief
GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20…
02/19/2020
Golar LNG Pact with BR Distribuidora
Golar LNG Pact with BR Distribuidora
Golar Power, which offers integrated liquefied natural gas (LNG) based downstream solutions, and Petrobras Distribuidora S.A. (BR…
02/19/2020
GTT Wins 2 LNG Tank Design Orders from Hyundai
GTT Wins 2 LNG Tank Design Orders from Hyundai
French multinational naval engineering company Gaztransport & Technigaz (GTT) has received two orders from the Korean shipyards,…
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https://www.bbc.com/news/world-europe-49068823?fbclid=IwAR3kudscWn2EFOiXJx-2eZEqoxav8YKc9gQivQ6gfrkgRTuMz4sC2jVQMRY
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