New CEO for Antwerp Port Authority as from January 1st
Jacques Vandermeiren is Chief Executive Officer and President of the Executive Committee of Antwerp Port Authority as of 1 January 2017. Until January 2015 Vandermeiren…
TFI Acquires National Fast Freight
TFI International Inc., formerly known as TransForce Inc., a North American leader in the transportation and logistics industry, has announced that a wholly-owned…
Hamburg Mulls Navigation Channel Expansion
The adjustment of the navigation channel on the Lower and Outer Elbe is the most important strategic expansion project for the Port of Hamburg. In view of the rapidly growing ships…
HPH Trust Acquires Major Stake in Huizhou Terminal
Hong Kong Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International…
Wagenborg's Acquired Vessels Undergoing Paint Job
Ziltborg and Zaanborg, the third and the fourth of seven general cargo vessels acquired by Dutch shipowner and operator Royal Wagenborg earlier this year, are currently…
Maersk to Shut Down Denmark's Largest Gas Field
Maersk Oil said that production from the Tyra field was likely to cease in 2018 as efforts to find an “economically viable solution” for full recovery had not been found.
FMC and Technip to Complete Merger in January
USA subsea equipment firm FMC Technologies and French engineering company Technip have jointly announced that they expect their merger to be formally complete by January 16.
US Rig Count Recovers to Near Year-ago Levels
The U.S. oil rig count ended 2016 just below year-ago levels as drillers added rigs this week as part of the biggest recovery since a global oil glut crushed the market over two years. Drillers added two oil rigs in the week to Dec. 30, bringing the total count up to 525, the most since December 2015 and 11 shy of the 536 rigs seen at the end of 2015, energy services firm Baker Hughes Inc said on Friday.
Port Infrastructure and the Role of Government
We are in the midst of a revolution over port infrastructure. This revolution is not about the role of ports as silent engines for our economy and the need for better intermodal infrastructure. Rather, it is about why governments – local, state and federal – believe ports exist, and whether or not public and private entities, other than those directly responsible for ports, should help build or improve port infrastructure and their intermodal connectors.
Great Ships of 2016: Seri Camellia
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Seri Camellia is the first in a series of five 150,200 cu. m. Liquefied Natural Gas (LNG) MOSS-Type LNG carriesr built for MISC Berhad (MISC), ordered from Hyundai Heavy Industries Co., Ltd. (HHI). Upon delivery, these new LNG Carriers will be chartered to PETRONAS for the next 15 years.
Marine Battery Systems Come of Age
Saft’s Seanergy Marine Battery System offers a different way forward in the quest for reduced emissions in marine propulsion. Discovering new means to reduce emissions and improve energy efficiencies are top-of-mind for all companies in today’s day and age. The Paris Climate Deal, initiated nearly a year ago, is just one example of the world coming together to combat global warming. In the marine industry…
Great Ships of 2016: Milos
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Milos is the first vessel in a series of two Suezmax Crude Oil Tanker, built by SungDong Shipbuilding & Marine Engineering for Kyklades Maritime Corporation. The vessel is built under the survey of Lloyd’s Register and designed in accordance with IACS Common Structure Rule(CSR).
W. Africa Crude-Trading Quiet, Nigerian Delays Dampen Demand
Oil futures were on track for their biggest annual gains since 2009 despite intraday losses, aided by OPEC's agreement to cut production from early next year. Still…
Russia Resumes Liftings from Novorossiisk
Russian oil pipeline monopoly Transneft said it had resumed oil loadings from the Black Sea port of Novorossiisk on Friday morning after a storm. Transneft also…
France May Step in on Shipyard Sale
France may intervene in the sale of the Saint-Nazaire shipyard by bankrupt South Korean shipbuilder STX if the French government's conditions are not met, Industry Minister Christophe Sirugue said.
Six Rescued Northeast of Sitka, Alaska
A Coast Guard Air Station Sitka MH-60 Jayhawk helicopter crew medevaced one injured person, and a Coast Guard Station Juneau response boat – medium crew transported…
Incheon port Targets 3m teu Throughput
The Incheon Port Authority or IPA (www.icpa.or.kr, IPA) proclaimed a new voyage to make the top 30 ports in the world in a ceremony to celebrate the achievement…
