Maersk Nears Complete Russia Exit After Selling Logistics Sites
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk, with a capacity of 1,500 containers (TEU), and a chilled and frozen warehouse in St. Petersburg had obtained regulatory…
Philippines, US Discuss Joint Coast Guard Patrols in South China Sea
The Philippines and the United States are discussing conducting joint coast guard patrols, including in the South China Sea, a Manila official said on Monday.With overlapping sovereign claims in the strategic waterway, the Philippines has ramped up rhetoric against what it describes as China's "aggressive activities" in the South China Sea, which has also become a flashpoint for Chinese and U.S. tensions around naval operation.Jay Tarriela…
iconsys Names Tassell Head of Marine and Ports
iconsys, a UK maritime automation solutions provider and systems integrator, announced the appointment of Jordan Tassell as its new Head of Marine and Ports.Tassell, who previously spent eight years at global OEM, ABB, within its marine and ports division, will be spearheading a number of initiatives at iconsys. These include developing key relationships with existing customers and platform partners, and working directly with OEMs and end-users with their decarbonization objectives.
Ship Scrapping Business Picks Up with Dry Bulk Swoon
This week, several more sales have registered as sub-continent ship recycling markets come roaring back – and a previously subdued Bangladesh starts to seemingly find some form once again, with some workable L/Cs from privately financed (rather than state controlled) banks.Despite the ongoing discussions about an IMF loan in the amount of about USD 2 - 3 billion, end buyers have been working to find…
Victaulic Promotes Moore to Chief Revenue Officer
Easton, Penn. based Victaulic, a producer of mechanical pipe joining solutions, announced it has promoted Gary Moore to executive vice president and chief revenue officer.Moore began his Victaulic career 35 years ago in sales for Canada and progressed to the role of president of Victaulic Company of Canada, Limited. Later he joined the executive team at Victaulic’s U.S. corporate headquarters and served…
Swire Bulk Reroutes off Sri Lanka to Avoid Whale Strikes
Swire Bulk announced it is voluntarily rerouting its vessels off southern Sri Lanka to avoid whale strikes in one of the world's busiest shipping lanes.The move comes after researchers identified ship strikes as the leading cause of death for whales in the area, a feeding ground for many cetaceans.Swire Bulk, part of the Swire Group, said its vessels will now pass at least 15 nautical miles south of Dondra Head traffic separation scheme and avoid sailing through marked out as “no go areas”.
FureBear Acquires Tanker with Larsson Shipping
FureBear, a joint venture between Swedish shipping company Furetank and Canadian shipping company Algoma, together with U.K.-based Larsson Shipping, has taken over the ownership of Algoma’s product tanker Algonorth.The 2008-built, 6,958 dwt double hull product oil tanker has arrived from Canada to trade in Northern Europe under the new name Fure Skagen.Owned by FureBear and Larsson Shipping and flying the Faroe Island flag…
US LNG Producers Poised to Leapfrog Rivals with Three New Projects
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come.After a dearth of plant approvals last decade, developers have secured dozens of long-term contracts to finance new multibillion-dollar LNG plants.
Anschütz SYNTACS Aims to Enhance Coastal Protection
Anschütz’ SYNTACS command and control system provides operators aboard and ashore with comprehensive situational awareness and full command of the scene from a single workstation.SYNTACS is sensor-agnostic and features advanced tactical target management that analyzes and correlates data from multiple onboard navigational and surveillance systems. It compiles an operational picture from the data and presents the operator with a clearly structured dashboard for tactical navigation…
CoolCo to Sell Golar Seal LNG Carrier for $184.M
Cool Company Ltd. (CoolCo) has agreed to sell the Golar Seal vessel for $184.3 million. The transaction is expected to close on the redelivery of the vessel from…
Survitec Debuts Pre-Inspection Solution to Expedite Drydockings
Survitec has introduced a new, formalized pre-inspection solution as part of its dry dock safety service to help ship owners and managers optimize and expedite dry docking schedules, a pre-inspection service designed to support the servicing and inspection of all onboard safety and lifesaving equipment.As part of the service, Survitec teams review and set out a schedule of works in line with regulatory requirements.
Romania Asks to Check Ukrainian Canal Dredging in Sensitive Danube Delta
Romania said on Monday it was concerned by signs that neighboring Ukraine was dredging a canal that sliced through a shared, ecologically sensitive coastal region, and asked if it could check the site.Ukraine has been transporting grain on the Bystroe canal as it develops alternative routes for its exports while access to its Black Sea ports is limited by Russia's invasion.Romania has said it is concerned…
Offshore Wind: Uptime's Gangways for Diamond SOV
James Fisher and Sons plc and Uptime International have signed a memorandum of understanding to partner for the use of motion compensated gangways in the development of the pioneering Ulstein SX221 Diamond SOV. The duo said that the agreement would ensure the safety and efficiency of offshore personnel through autonomous and intelligent operations.The news is related to the Diamond Consortium’s ULSTEIN SX221 Diamond SOV concept, announced in June 2022.
Iran Denies Involvement in Alleged Attack on Israeli Oil Tanker
Iran denies Israel's accusation that Tehran targeted an Israeli tanker on Feb. 10, Iranian foreign ministry spokesperson Nasser Kanaani said on Monday.The captain…
