MacGregor Invests in Software to Drive RoRo Efficiency
MacGregor, part of Cargotec, said it has acquired the rights for a ships efficiency software from Lekven AS to increase RoRo vessels operations efficiency and to drive port call optimization.
FPSO BW Catcher Sails for the North Sea
BW Offshore’s Floating, Production, Storage and Offloading vessel (FPSO) BW Catcher has left deep water anchorage off the Keppel Shipyard in Singapore and is currently…
OSM Officially On Board Statoil’s Peregrino
Efforts in Brazil are reinforced for OSM with more than 90 specialized offshore positions officially on board the Peregrino. “OSM Brazil have successfully mobilized our crew on board the FPSO Peregrino,” says Tommy Olofsen, Managing Director of OSM Crew Management. OSM Maritime Group (OSM) began its journey with Statoil’s Floating Production Storage Unit (FPSO) Peregrino back in early 2016. However…
Baltic Index Inches Down on Capesize, Panamax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged down on Tuesday on lower rates across larger vessel segments.
ST Electronics, Alpha Ori to Drive Digital Transformation
Singapore Technologies Electronics Limited (ST Electronics) and Alpha Ori Technology Holdings Private Limited (Alpha Ori) has signed a Memorandum of Understanding (MOU) to co-create digitalization solutions for shipborne and shore-based maritime fleet control and management. STARRI (ST-Alpha Ori Reliable & Intelligent platform), a unified, secured and smart data lake platform equipped with communications connectivity…
Hapag-Lloyd Posts H1 Operating Profit
German container shipping group Hapag-Lloyd swung to a first-half operating profit as it raised transport volumes and freight rates stabilised, but it still posted…
Harvey Likely to Linger off Texas Coast
The center of Tropical Storm Harvey is likely to remain just off the coast of Texas through Tuesday night before moving inland over the northwestern Gulf of Mexico on Wednesday, the U.S.
European Gasoline Margins at 4-1/2 Month High
Benchmark European gasoline refining margins spiked nearly 9 percent on Tuesday to their highest since April after more than 2 million barrels per day (bpd) of U.S.
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