Hamburg, India Sea Trade Up by 17%
In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought…
Kongsberg Sells KM Contros to AML
Norwegian technology enterprise Kongsberg Maritime (KM) has decided to divest KM Contros GmbH (Contros) to AML Oceanographic Ltd. (AML).Contros has 20 employees…
Virgin Hyperloop to Add $4Bln to S. Arabia
Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer…
PTS to Manage Lake House Boxship Pair
Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1…
Exmar Reports Strong Earnings for VLCCs
Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019.
MOL Upgrades VR-based Safety Education Tool
Japanese transport company Mitsui O.S.K. Lines (MOL) announced the development of new content for its virtual reality (VR)-based marine safety education program…
OOCL Posts Higher Container Volumes
Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The…
Zeebrugge Port Deploy 5G Network
Port of Zeebrugge, Belgium, will have its own private 5G network this year, disclosed the container, bulk cargo, new vehicles and passenger ferry terminal port in…
PIRAEUS I Floating Dock Ready for Ops
Greece's Piraeus Port Authority (PPA) announced that the "PIRAEUS I" floating dock is available again for ship repair works."PIRAEUS I floating dock has been delivered…
IMO Signs MoU with Spain on Tech Support
Spain and International Maritime Organization (IMO) have signed a Memorandum of Understanding on technical cooperation activities to support capacity-building activities…
TMC to Equip Cardiff Gas LNG Newbuilds
Norwegean compressor supplier TMC Compressors of the Seas (TMC) has been awarded a contract to supply a complete marine compressed air system and associated equipment…
Diana Shipping Appoints Semiramis Paliou
Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as…
Clean Marine, FMSI to Merge
Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning…
Gulf Navigation Records 19% Revenue Growth
Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced a 19 per cent operating revenue growth by the end of Q3 of 2019…
Naval Group Cuts Steel for First FDI Frigate
French industrial group specialized in naval defense Naval Group held a steel-cutting ceremony to mark the start of construction on the first-in-class vessel, the…
Great Lakes Seaway Shipping Highlights Economic Impact
The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional, national and global economy.“Commercial navigation on the Great Lakes Seaway system is an economic driver — both broadly in the United States and Canada — but, especially, in Minnesota.
Tankers Sail after U.S. Provides Sanctions Relief
At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to wind down transactions with a Chinese shipping company that it sanctioned last month, according to data and shipping sources.In one of the biggest sanctions actions taken by the U.S. government since its crackdown on Iranian oil exports, Washington on Sept. 25 announced sanctions on Chinese tanker companies…
Massachusetts Maritime Academy Opens Wind Training Facility
Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind.Today, Governor Charlie Baker, Lt. Governor Karyn Polito, Secretary of Energy and Environmental Affairs Kathleen Theoharides, and Stephen Pike, CEO of the Massachusetts Clean Energy Center…
USCG Buoy Tenders Set for Engine Overhauls
Last week Fincantieri Marine Systems North America (FMSNA) was awarded a $9.6 million contract to perform maintenance and repairs to the U.S. Coast Guard’s fleet of Inland Buoy Tenders.The multi-year contract was awarded by the Coast Guard’s Surface Force Logistics Center in Virginia. The focus of the contract is the maintenance, repair and overhaul of the Isotta Fraschini Motori (IFM) V1312 main diesel…
OMSA Responds to Proposed CBP Modifications to Jones Act rulings
The US Customs and Border Protection (CBP) proposes to modify and revoke various prior ruling letters relating to CBP’s application of the Jones Act to the transportation of certain merchandise and equipment between coastwise points.Comments must be received by 22 November. Customs Bulletins & Decisions, Vol. 53, No. 38, starting at page 12 (October 23, 2019). LINK to the CBP proposal by clicking HERE.
