Marine Travelift Expands in Mid-Atlantic
Marine Travelift has announced it is expanding its operation with the addition of Marine Travelift Mid-Atlantic. Marine Travelift Mid-Atlantic is located in Ashlandā¦
North Sea Spot Market Remains Challenging
The North Sea spot market has improved during the second quarter of 2019, as a result of increased rig activity, said Viking Supply Ships.However, the Norway-basedā¦
ARES Security Launches Seaport Platform
US-based ARES Security Corporation has rolled out a new multi-tenant, Software as a Service (SaaS) solution for seaports in the US.The is now offering their Avertā¦
Mercury Levels in Fish on the Rise
Warming oceans are leading to an increase in the harmful neurotoxicant methylmercury in popular seafood, including cod, Atlantic bluefin tuna, and swordfish, accordingā¦
Wilhelmsen Bags Stove Shipping Contract
Norway-based Wilhelmsen Ship Management (WSM) announced that we have been selected as the technical manager for the Stove Shipping AS (Stove) vessels, Stove Friendā¦
S&P Revises Danish Ship Finance Outlook
The global provider of benchmarks and investible indices, Standard & Poorās (S&P) has affirmed the āBBB+ā Issuer Credit Rating on Danish Ship Finance and revisedā¦
China Launches Intermodal to Hungary
A new freight train service has been launched linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest Chinaā¦
HII Announces Leadership Changes At Shipyards
Huntington Ingalls Industries announced today leadership changes at its Ingalls Shipbuilding and Newport News Shipbuilding divisions.Premo Sabbatini has been promoted to vice president of central planning and process excellence at Ingalls Shipbuilding. He succeeds Rick Spaulding, who has accepted a position as vice president of business process standardization at Newport News Shipbuilding.Sabbatini will transition from Ingallsā amphibious assault ship (LHA) programā¦
HRH The Princess Royal becomes Patron of BOAM Campaign
The charity behind the campaign to build the UKās national memorial to the Battle of the Atlantic in Liverpool has announced that HRH The Princess Royal, has become its Patron.In a letter to the campaign Her Royal Highness said:āThe Battle of the Atlantic, a six-year long campaign, was enormous in its scale, both geographically and logistically. In total over 100,000 people lost their lives in this epic struggle between the convoys and the U Boat packs.
Norsepowerās Rotor Sail on Hybrid Ferry
Ferry operator Scandlines has announced that it has signed an agreement with Norsepower Oy Ltd, leading clean technology and engineering company pioneering modern wind propulsion technology, to install Norsepowerās Rotor Sail Solution on board the M/V Copenhagen, a hybrid passenger ferry.Operating between Rostock in Germany and Gedser in Denmark, the M/V Copenhagen belongs to the worldās largest fleet of hybrid ferries, which combines diesel and battery power.
BIMCO: US Soya Bean Exports - Up or Down?
The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018, while on the other, exports to China in the 2018/2019 marketing year are down 68.7%.With the 2019/2020 marketing year now just round the corner, this trade is unlikely to return to pre-trade war levels.
63 Begin Apprenticeship at Hapag-Lloyd
At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training to become shipping merchants or to work in office management and in the areas of transport and logistics. In addition, 11 dual-track students are beginning their studies with Hapag-Lloyd.
ICE, Magellan to Offer Dock Capacity to Houston Oil Futures Customers
Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrookā¦
Baltic Index Gains for Fifth Session on Robust Vessel Rates
The Baltic Exchange's main sea freight index extended gains for a fifth straight session on Wednesday buoyed by strong demand across all vessel segments.* The Baltic indexā¦
Los Angeles Port Posts Strong July
For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs)ā¦
Iberdrola Sells Stake in East Anglia One to GIG
Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sellā¦
Tekmar Bags Formosa 1 Phase 2 Gig
UK-based Tekmar Energy has been selected as the cable protection system (CPS) and hang off supplier for the 120-MW Formosa I Phase II offshore wind project in Taiwaneseā¦
ICTSI Posts Strong H1
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the firstā¦
Kalmar in Service Contract with OPCSA
Kalmar, the provider of the cargo handling solutions and services to ports, has concluded an agreement to supply comprehensive preventive and corrective maintenanceā¦
DFDS Cuts 2019 Outlook on Brexit
Danish international shipping and logistics company DFDS announced that the exceptional uncertainty on the outcome of Brexit is currently reducing UK trade and visibility.Uncertaintiesā¦
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