Port of Barcelona Looks to Panama, Cuba for Growth
Panama and Cuba, both in the midst of growth and international expansion, are examples of two different economic models that are helping to attract foreign companies through government initiatives providing investor security. Seeking to generate business opportunities and strengthen corporate and institutional ties between the Cuban and Panamanian logistics communities, the Port of Barcelona said it has planned a multi-sector trade mission to Panama City and Havana from November 19 to 25.
Damen Tugs Delivered to Dutch Navy
In an official handover ceremony at the Den Helder Naval Base, the Royal Netherlands Navy took formal delivery of three Damen ASD 2810 Hybrid tugs. In addition to…
Breakthrough in Reconstruction of Warm Climate Phases
Scientists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) have overcome a seeming weakness of global climate models. They…
Big Names Unite to Push LNG as a Marine Fuel
Carnival Corporation & plc, DNV GL, ENGIE, ENN, GE, GTT, Lloyd’s Register, Mitsubishi Corporation, NYK Line, Port of Rotterdam, Qatargas, Shell, TOTE Inc. and Wärtsilä…
MAN's ME-GI Engine for LNG-powered Bulker
Korean shipowner ILSHIN and HMD (Hyundai Mipo Dockyard Co., Ltd.) have signed a shipbuilding contract for a 50,000 dwt bulk carrier. Notably, the vessel will be…
Steel Cut for Holland America Line’s ms Nieuw Statendam
Holland America Line celebrated a significant construction milestone today as the first steel was cut for ms Nieuw Statendam, due for delivery in November 2018.
G E Shipping Buys Product Tanker
The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,539 dwt. The 2005 Japanese built vessel…
Bear Head LNG GHG Management Plan Approved
Bear Head LNG Corporation Inc. (Bear Head LNG) received Nova Scotia Environment’s (NSE) approval for its Greenhouse Gas (GHG) Management Plan for its liquefied natural…
Virginia Port throughput a Modest 2.57 Mi TEUs
Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped…
UASC to Sell Chemical Tanker Unit
United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals as part of its plans to merge…
Cosco Bypasses Railway Strike by Sea Route
Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around…
Brexit: Potential Implications For The Maritime Sector
While the nature of the United Kingdom’s future trading relationship with the European Union (EU) will take some time to become clear, it is important to realise…
Myanmar accedes to CLC Protocol
​Myanmar has deposited its instrument of accession to the 1992 Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC). The efforts…
Hapag-Lloyd Still Strong in Canada
Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%.
US Coast Guard Shipyard Under New Command
U.S. Coast Guard Captain Matthew Lake assumed command of the U.S. Coast Guard Yard on July 1, 2016. He is the 42nd Commanding Officer in the 117-year history of the yard, the only shipbuilding and major ship repair facility of the U.S. Coast Guard. Captain Lake took charge from Captain George Lesher who served as Yard Commanding Officer from June 2013 to July 2016. Captain Lesher departed the yard to assume duties as the Ship Design Manager at Coast Guard Headquarters in Washington, D.C.
Imports Climb at Port of Long Beach
Rising imports fueled higher container traffic at the Port of Long Beach in June, leading to a 3.4 percent overall volume increase over the same month last year, the port reported. The Port of Long Beach handled 603,339 TEUs (twenty-foot-equivalent units) during the month. Of those, 313,526 were inbound containers, a gain of 5.5 percent year-over-year. Exports were flat for the month at 128,099 TEUs, 0.1 percent lower than June 2015. Empties edged up to 161,714 TEUs, a 2.2 percent increase.
ISS Awarded NYK Liner Agency in Australia
Maritime and logistics service provider Inchcape Shipping Services (ISS) has been awarded the NYK Liner agency in Australia. Part of transportation company Nippon Yusen Kabushiki Kaisha Group…
Port of Ystad Posts Record First Half
Port of Ystad, which saw record-breaking volumes in 2015, continues reaching new record numbers in 2016 for traffic to and from Poland and the Danish island of Bornholm. The number of ton goods, trucks, busses, cars and passengers all showed an increase during the first half of 2016 compared to the same period last year. The biggest reported increase was the number of trucks with an 18.6 percent increase. In total 110,000 trucks passed through the port – a new record for Port of Ystad.
Deckhouse Lifted onto Tripoli (LHA 7)
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has installed the deckhouse on the amphibious assault ship Tripoli (LHA 7), a major event in the ship’s construction schedule which begins the integration of the three largest sections of the ship. The deckhouse was installed three weeks ahead of schedule. The installation was no small feat, according to Premo Sabbatini, LHA 7 program director.
Navico Under New Ownership
Navico – a provider of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands – announced that Goldman Sachs Merchant Banking Division and Altor Fund IV have partnered and signed an agreement to acquire Navico from the Altor 2003 Fund. Navico is an innovative force within the recreational and commercial marine electronics market and has a rich history of investment in research and development.
