Moore Stephens says Shipping Must Improve Risk Management
Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens.
Superlift on Aircraft Carrier John F. Kennedy (CVN 79)
Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division placed a 900-ton superlift into dry dock, continuing construction…
Jan De Nul NV expands Jamaican Port
Jan De Nul NV is part of a consortium that is responsible for the expansion of the port of Kingston. In 25 months the access channel and the port basin will be deepened…
LNG Tanker En Route to Malta Leaves Singapore
The LNG tanker Armada LNG Mediterrana – or floating storage unit that will be permanently berthed at Marsaxlokk has finally left Singapore harbour, reports Malta Independent.
Maersk May Face Crisis: Economist
Shipping industry faces worse storm than after financial crisis. The industry has been squeezed on both the supply and demand sides: too many vessels have been built and not enough scrapped…
Consolidation of Yard Capacity for Healthy Shipping
A dramatic collapse in newbuild orders due to a weak market environment across all shipping sectors is putting pressure on the global shipbuilding industry, says Teekay Corporation.
Global Spill Response Contract Sparks Interest
The ISCO-BIMCO spill response contract was well received at the ACI Maritime Salvage and Casualty Response Conference that took place in London last week. The contract is still under development…
Developing a Roadmap for Green Coastal Shipping
The Norwegian authorities’ target for 2030 is to reduce greenhouse gas emissions by 40% compared to what they were 40 years earlier. By doing so, Norway will set…
Hyundai Heavy, CNH Industrial in Mini Excavator Alliance
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading construction equipment manufacturer, announced today it enters into an exclusive strategic…
MN100: Laborde Products
Laborde Products is an engine distribution company focused on the commercial markets along the gulf coast and inland river systems. Laborde represents Mitsubishi, Yanmar and Steyr commercial marine engines. Laborde is also preparing to launch the OXE Diesel Outboard engine throughout the Gulf Coast. They also represent several commercial industrial engines including FPT, Yanmar, Mitsubishi, Hatz and PSI.
SC Ports Posts Record August Container Volume
South Carolina Ports Authority (SCPA) reported its strongest August container volumes on record. SCPA handled 180,153 twenty-foot equivalent units (TEUs) in August…
Marathon Galveston Bay Contractor Feared Drowned
A contractor was feared drowned after falling into the Port of Texas City, Texas, when scaffolding supporting him collapsed at the Marathon Petroleum Corp Galveston Bay refinery dock…
Evergreen Adjusts Following Hanjin Collapse
Responding to the unexpected service disruption caused by CKYHE alliance member Hanjin Shipping, which has entered rehabilitation proceedings, Evergreen Line has added new functions to its online e-commerce system. The service disruption has caused delays to Evergreen Line’s cargoes previously loaded on the Korean carrier’s vessels. Evergreen said its new functions enable customers to update the status of their cargoes and Hanjin’s vessel positions…
Wind Propulsion Innovation Award Winners Selected
The Wind Propulsion Innovation Awards were created by the International Windship Association (IWSA) to honor the pioneers of technological innovation in wind propulsion striving to support the shipping industry to decarbonizes whilst maintaining commercial and operational performance. The IWSA Awards sought to spotlight both individuals and companies making a significant difference in advancing wind propulsion in the maritime sector.
MN100: Viking Systems International, Inc.
Viking Systems International is a worldwide leader in the advanced design, analysis and 3rd party verification of structures, focusing on the offshore oil and gas industry, commercial ship business, and the military and defense community. Viking executes advanced structural design, analysis, 3rd party verification and FEA engineering services. Viking Systems’ core structural assessment software, SAGA…
The RSC FUTERRATM Series: The Fluid of the Future
The first and only product of its type, RSC FUTERRA is a new Ecolabel-certified EAL that combines the highest performance of any EAL currently available on the market with an attractive price point for performance against other EALs. The only EAL from a renewable hydrocarbon resource, FUTERRA is a synthetic HEPR made from renewable resources. It outperforms petroleum and other EALs in tough environments…
Libyan Commander's Seizure of Oil Ports Risks New Conflict
Libyan forces loyal to eastern commander Khalifa Haftar said on Monday they had tightened their control over four major oil ports, casting a Western-backed project…
Panama Canal Readies for Cruise Season
Cruise ship Coral Princess is slated to transit the Panama Canal on a voyage from Los Angeles, Calif., to the U.S. East Coast on October 4, 2016, officially kicking off the canal’s 2016-2017 cruise season, which according to the Panama Canal Authority will see more than 230 cruise ships pass through the Panama Canal. “We expect the major cruise lines will use the Panama Canal route during the cruise season…
Russia to Halt Oil Products Export via Foreign Baltic Ports
Russia plans to fully halt exports of oil products from other than Russian ports on the Baltic Sea by 2018, the head of oil pipeline monopoly Nikolai Tokarev told President Vladimir Putin on Monday.
New Inland Port Planned in South Carolina
Plans to develop South Carolina’s second inland port in Dillon were announced by the South Carolina Ports Authority (SCPA) in a move that aims to support growth…
