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Nor-Shipping Evolution Continues
Nor-Shipping is continuing its modernizing drive with a new logo that affirms its commitment to its core maritime audience, while demonstrating a desire to open up to new business opportunities within the ocean environment. The move follows confirmation from Nor-Shipping Director Per Martin Tanggaard that the event week would be positioning itself as āyour arena for ocean solutionsā for its next outing in 2019ā¦
AGL Decision on LNG Import Terminal Expected in FY2019
AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019ā¦
Obituary: Maritime Industry Icon Jack Gallagher
John āJackā J. Gallagher, a maritime industry veteran and environmental services pioneer, passed away on Monday at the age of 89.Jackās greatest professional passion was his work as a Spill Manager/Qualified Individual, a role in which he had few peers. Jack was known to be fiercely committed to doing everything morally possible to protect his clients, while at the same time doing all within his power to protect the environment.
SUNY Maritime mourns the Loss of Professor James McKoy
The word has been passed that long tenured and much loved and respected SUNY Maritime Professor James "Jim" McKoy has passed away after a long illness. I am sadā¦
Tanker Market Grappling with More Uncertainty
Tanker shipping: Added uncertainty is not helpful to the struggling tankersDemandJust when you thought it could not get any worse for the tanker shipping industry, the U.S. is reimposing sanctions on Iran coming into force after a six months wind-down period ending on November 4, 2018. The immediate effects are less tangible but sure to add more uncertainty to the whole shipping industry that has plenty of uncertainty to deal with already.At the same timeā¦
Interview: Mark Knoy, President and CEO, ACBL
American Commercial Barge Line (ACBL) named Mark K. Knoy as its president and chief executive officer in August 2011. Prior to joining ACBL, he was vice president of American Electric Powerās (AEP) Fuel, Emissions and Logistics Group and president of AEP River Operations, having joined AEP with its 2001 purchase of MEMCO Barge Line. From 1984 to 1994, he was owner/operator of The Mark Twain Towing Company and Delmar Marine, Inc., Pekin, Illinois.
New Onboard Hull Cleaning Solution Launched
HullWiper Ltdās eco-friendly hull cleaning technology is now available as a flexible onboard solution that allows all types of vessels to clean hull fouling on demand.The onboard version of the diver- and brush-free remotely operated vehicle (ROV) gives vessels on a tight schedule the means to perform a partial or full hull clean on a planned rotation, as and when needed. Cruise ships and super yachtsā¦
Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy
U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S. Navy under contracts for ship husbanding services, the U.S. Department of Justice announced.Inchcape provided goods and services, including food and other subsistence itemsā¦
Glomex Expands Internet Antenna with Pro Model
Glomex Marine Antennas USA has enhanced its Internet antenna with a professional model. Its weBBoat 4G PRO features commercial-grade construction and components, including an upgraded router and advanced software, and comes with a five-year warranty.The weBBoat 4G PRO receives 4G/3G and Wi-Fi signals up to 20 miles away, and amplifies and redistributes them throughout the vessel via a hotspot or Ethernet.
Flex LNG Steers Away From Floating Units as Challenges Emerge
Flex LNG, a liquefied natural gas shipping company and part of the nautical empire of Norwegian billionaire John Fredriksen, has dropped its interest in operating floating regasification units due to project failures and low returns. Floating Storage Regasification Units (FSRUs) have been lauded by analysts as transformative for the LNG industry by opening up emerging markets to supplies as the vesselsā¦
Amsterdam Becomes Destination for Superyachts
HISWA Holland Yachting Group and Port of Amsterdam are making real their ambition to establish Amsterdam more firmly as a major destination for superyachts. Theā¦
Port of Amsterdam Launches Digital Business Guide
Port of Amsterdam is launching the Portle digital business guide. The new search engine provides access to all businesses and terminals that are located in the Portā¦
Tropical Storm Hits Yemen's Socotra
Yemen declared a state of emergency on the island of Socotra on Thursday as a tropical storm intensified after flooding several villages and capsizing boats to leave at least 17 people missingā¦
Autonomous Vessels: FAU Gets $1.25m for Research
Florida Atlantic Universityās College of Engineering and Computer Science has been awarded a $1.25 million grant by the United States Office of Naval Research (ONR) to undertake research in support of autonomous unmanned marine vehicle platforms for coastal surveillance, coastal surveys, target tracking and protection of at-sea assets. The five-year project will entail developing unmanned surface vehicles that serve as āmothershipsā for unmanned underwater vehicles and aerial dronesā¦
German Shipowners Get Back to Basics
The situation for the shipping companies based in Germany has been, much like the rest of the world in 2017, mostly tight. Currently, the German shipping companies are undergoing changes against this background. They are concentrating more and more on their core competences. Maritime Reporter & Engineering News' man in Germany, Peter Pospiech, recently talked to Alfred Hartmann, President of the VDR (Association of German Shipowners)ā¦
China and Shifting Seaborne Iron Ore Dynamics
The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining for the past couple of months. Of course, another way of saying that a market is enjoying relatively stable and good times is that it's boring, but in iron ore there is plenty of action bubbling beneath the seemingly calm exterior. It's not so much that iron ore prices or volumes are expected to shift dramatically in the coming monthsā¦
Obituary: Hans Gerhard Kahn, Founder, Jumbo
Jumbo, the maritime heavy lift company, announced that its founding father, Hans Gerhard Kahn, passed away at the age of 95 (1922-2018). Kahn passed away on Friday 18 May in Caesarea, Israel.
LNG is the Bridge to āZero Emissionsā Shipping
The advent of industry wide tightening of allowable sulfur emissions is getting nearer. Suddenly, with the deadline now little more than one year away, the countdown clock will very soon be ticking much louder. Simply stated, the cap on allowable sulfur content in marine fuels, presently at 3.5 percent in many geographical regions, will be reduced to 0.5 percent in January 2020. The 0.1 percent sulfur capā¦
New WWF Guide Helps Mariners Steer Clear of Arctic Wildlife
A new WWF-Canada guide designed to help mariners in the eastern Arctic identify and avoid marine mammals is being unveiled at a Canadian Marine Advisory Council meeting in Montreal today. With summer sea ice on the decline and industrial pressures increasing, shipping traffic in the Canadian Arctic has steadily risen. This is especially true in the eastern Arctic and around the community of Pond Inlet and the Mary River iron ore mine.
Financiers Turning the Tide on Shipbreaking Practices
The shipping industry has long been criticised by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clout - its financial backers. Norway's $1 trillion Oil Fund, a leader in ethical investing, in February sold its stake in four firms because they scrap on the beach.