U.S., China Closer on Trade Pact
The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products…
China to Cut Steel Capacity by 2025
China will shut down more outdated steel plants and bring total capacity to less than 1 billion tonnes by 2025, the president of the country's steel industry association said, adding that national demand for the metal is set to decline gradually. With more than three quarters of firms suffering losses as a result of a price-sapping capacity surplus, China vowed in early 2016 to shut 150-150 million…
The 'Grande Halifax' Christened in Halifax
The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms.
IMO Promotes Single Window for Ports
What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics? How is International Maritime…
NYK Line's Green Bonds Terms and Conditions Determined
Japan's Nippon Yusen Kaisha (NYK), the world's first shipping company to issue a labelled green bond, said that it has determined the below terms and conditions…
India, Indonesia to Promote Bilateral Cooperation in Maritime
Taking ahead the bilateral relations between India & Republic of Indonesia, Nitin Gadkari, Union Minister for Shipping met General (Retd.) Luhut Binser Pandjaitan…
Shipbreaking Issues Presented at 2018 Vicino/Lontano Festival
The NGO Shipbreaking Platform has participated in the 2018 Vicino/Lontano Festival, which was held from 10 May to 13 May in Udine, Italy. The Vicino/Lontano Festival has…
NATO Navy Ships Refuel in Poti
Physical bunker supplier arranged delivery of marine fuels to NATO navy ships in Poti, Georgia.Standing NATO Maritime Group Two (SNMG2) under the direction of Royal Navy Commodore Mike Utley, conducted a port visit in Poti, Georgia May 14 to May 17 with four ships from the group: Royal Navy destroyer HMS Duncan (flagship), Turkish frigate TCG Gemlik, Romanian frigate ROS Regele Ferdinand and Bulgarian frigate BGS Drazki.“In general…
Prosafe Extends Standstill Agreement with COSCO
Prosafe has extended a standstill agreement with COSCO Shipping (Qidong) Offshore Co. Ltd in China for two harsh environment semi-submersible accommodation units…
Tidewater Attains First Sub M COI on the West Coast
Tidewater Transportation and Terminals of Vancouver, Wash., announced today that the Office of Commercial Vessel Compliance and the Coast Guard Sector Columbia River has issued a Certificate of Inspection (COI) to the towing vessel Crown Point for compliance under the U.S. Coast Guard’s (USCG) Subchapter M safety regulations governing the inspection, standards and safety management systems of towing…
Nolan Tapped to Take Over as TOTE CEO
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico, will succeed retiring president CEO Anthony Chiarello who will step down July 16 after eight years at the helm.Nolan has been with the TOTE family of companies since 2013.
Apply Now for the MN100
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and service providers.This year's MN100 edition application portal is live and open. Participation is free, but to be considered you must apply at http://mn100.maritimemagazine.com/.
River Cruise Company Fined $400,000
A Thames river cruise company has been fined a total £304,925 (approximately $411,000) at Westminster Magistrate's Court in a prosecution brought by the Maritime…
Japan Reserves Right to Take Counter-Measures Against U.S. Steel Tariffs
Japan has notified the World Trade Organisation that it reserves the right to take counter-measures against U.S. tariffs on steel and aluminium imports, the foreign ministry said on Friday.Japan is the only major U.S. ally that did not receive exemptions from U.S. President Donald Trump's decision in March to set import tariffs of 25 percent on steel and 10 percent for aluminium.But it had previously refrained from following in the footsteps of China and the European Union…
Eniram Signs On LNG Powered Bulk Carrier Project
The Project Forward initiative, which is led by Athens-based Arista Shipping, has produced an energy efficient dry bulk carrier vessel that features liquefied natural gas (LNG) propulsion.Finnish clean-tech software engineering company Eniram, a Wärtsilä company, said it has signed a Memorandum of Understanding (MoU) to assist in the development of monitoring and optimization tools.“Our input will help ensure that operational visibility will be maximized…
Finferries, Rolls-Royce to Advance Autonomous Navigation
Finnish shipowner Finferries has partnered with Rolls-Royce in an effort to advance technologies for remote and autonomous ferry operations.The companies signed a collaboration agreement Thursday to jointly develop strategies and solutions to optimize the safety and efficiency of marine operations through developing the technology for decision supporting systems and to demonstrate remote and autonomous ferry operations.As part of the collaboration…
River Cleanup Towboat Modifications Completed
Environmental nonprofit organization Living Lands & Waters (LL&W) recently had its 38’ towboat, the M/V River Cleanup, modified and shortened to 26’.River Cleanup is part of the LL&W fleet that works to protect, preserve and restore the natural environment of the Unite States’ major rivers and their watershed. Since 1998, the group has removed more than 9.8 million pounds of debris from U.S. waterways.When LL&W decided it wanted to have the towboat shortened in 2017…
Maritime History: USCG Builds 4 Icebreakers
In conducting some research for our Bouchard Transportation 100th Anniversary special edition coming out in July (#BTC100), I was paging through historical volumes of Maritime Reporter & Engineering News, which date back to 1939. Pictured here is a page from the November 1944 edition seemed particularly topical and timely, as it is a short story on the commissioning of the first of four heavy duty iceabreakers for the United States Coast Guard.
Ghana to Award New Oil Blocks off West Coast
Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year, the energy ministry said on Thursday.The West African country plans to award six of the nine blocks this year while the remaining three will be given out next year through a mix of open competitive tender and direct negotiations, the ministry said in a statement.It said state oil company Ghana National Petroleum Corporation will acquire one of the blocks to explore in partners
Illegal Fishing: Philippines CG Apprehends 5 Boats
A total of 74 crews including boat captains were apprehended by the joint personnel from Monitoring Control and Surveillance (MCS) 3004 vessel manned by the Philippine…
