Scorpio Group Takes Over Nordic American Offshore
NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth USD 5 million.The investment, which took place via a private placement with Scorpio Offshore Investments, a unit of the group, was announced by NAOScorpio Group leader Emanuele Lauro has been appointed chief executive and chairman of NAO. Nordic American Tankers presently owns about 16.1% in NAO and the Hansson family owns 13.5%, in total about 30 %.
DSC Dredge’s Miller Retires
On October 16, 2018, after 38 years in the dredging industry, David Miller, SVP/COO and part owner of DSC Dredge, LLC announced his retirement. Miller embarked on his career in the early 1980’s when he began working for Kenner Marine & Machinery (KMM). Following several consecutive KMM positions, David completed his final 10 years there as a field service specialist.Miller was one of the original founders of Best Equipment Technologies, Inc. (BEST), established in 1998, located in Poplarville, MS. BEST operated as a steel fabrication shop and dredge manufacturer.
Montecon Adds Third Liebherr to its Fleet
Liebherr Maritime Cranes already delivered two Liebherr mobile harbor cranes LHM 800 in container configuration to Montecon in Uruguay. End of November Liebherr received an order from Montecon for the third LHM 800 that will start operation in Montevideo, Uruguay next year.In 2015 Montecon ordered the first giant mobile harbor cranes, type LHM 800 in container operation. Due to their increasing demand for mobile container handling solutions, they subsequently ordered a second unit. Both cranes were delivered in 2016.
Hansa Heavy Lift GmbH Files for Insolvency
Hansa Heavy Lift GmbH has filed an application with the Hamburg District Court for the opening of insolvency proceedings. The court has appointed the experienced Hamburg restructuring expert, lawyer and tax consultant Dr. Christoph Morgen as preliminary insolvency administrator. He is a specialist insolvency solicitor and partner in the national law firm Brinkmann & Partner.Dr. Christoph Morgen will now get an overview of the current business situation and examine what the company’s first steps within the proceedings could be.Hansa Heavy Lift operates eleven heavy-cargo vessels.
Xeneta: Watch Both Sea and Air Amid Trade War Tensions
As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment, highlighted by last week’s arrest of Huawei’s CFO in Canada, the leading freight rate benchmarking and market intelligence platform says shippers need agile logistics strategies, with the option of shifting transportation mode whenever necessary.“Nobody…
Carnival's First LNG Powered Ship Delivered
Carnival Corp on Wednesday launched its first liquefied natural gas (LNG)-powered ship in Germany as the world's largest cruise operator tries to cut its carbon footprint.Addition of LNG ships are part of Carnival's ongoing fleet enhancement strategy and 20 new vessels are scheduled for delivery between 2018 and 2025.The shipping industry have been forced to look for cleaner options such as LNG after the International Maritime Organization introduced tough new rules on use of marine fuel.Strategically important ports such as Gibraltar are already preparing to offer upgraded facilities to meet
14 Port-related Projects Awarded BUILD Grants
U.S. Transportation Secretary Elaine L. Chao has (Dec. 11) announced $1.5 billion in discretionary grant funding to 91 projects in 49 states and the District of Columbia. The grants, 14 of which will go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program and support road, rail, transit, and port infrastructure projects across the country.Port-related projects will receive a total of $229.23 million…
Georgia Ports On Track for 4.3 TEUs
The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017.“Cargo expansion related to growth in inland markets, as well as increased demand right here in the U.S. Southeast have shifted the global logistics arena in Savannah’s favor, with more port users choosing to serve their customers via Georgia’s deepwater terminals…
Belships Completes Merger with Lighthouse Group
Norway-based bulk ship operator and management company Belships has finalized its merger with Lighthouse Group after receiving an approval of the merger plan by the extraordinary general meeting (AGM)."All the conditions for the completion of the merger, including the expiry of the creditor notice period, have been fulfilled and the Merger has been registered as completed by the Norwegian Register of Business Enterprises today on 10 December 2018," said a press statement.Belships ASA has upon completion of the merger issued 127…
Diana Shipping in TC Pact for m/v Ismene with Koch
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing in the ownership of dry bulk vessels said in a press note that the gross charter rate is US$12,125 per day, minus a 5% commission paid to third parties, for a period until minimum January 1, 2020 up to maximum March 31, 2020.The charter is expected to commence on December 12, 2018, it said.
ChainPORT Renews Digital, Environmental Commitment
Delegates from the world’s leading ports have come together to examine their role in the rapidly evolving maritime logistics landscape and in particular to coordinate their contribution to the establishment of an interconnected maritime supply chain at the Port of Barcelona.The multilateral partnership of the world leading ports, ChainPORT, has just concluded its 4th Annual Meeting which was hosted last week by the Port of Barcelona.ChainPORT was initiated in 2016 by the Port…
Hepburn and Sons Appoints Crone as Director
Hepburn and Sons LLC team has welcomed CAPT Timothy Crone as its newest Director. CAPT Timothy Crone, USN (Ret) will serve as Hepburn’s Director, Advisory Services.CAPT Crone, a graduate of the United States Naval Academy, earned his Bachelor of Science degree in Political Science from the US Naval Academy and completed a Master of Science in Justice, Law and Society from American University. He has also received a Master of Arts in National Security Policy and Strategic Studies from the U.S.
New Consortium to Improve Crew Management
Maritime Blockchain Labs (MBL), founded by blockchain technology and governance experts BLOC and the Lloyd’s Register Foundation, has announced the establishment of a consortium that will pilot a blockchain-based seafarer certification system.The project aims to streamline and expedite processes that can be marred by a lack of verification for safety documentation, paper-based certificate management and a lack of access to validated safety and training certifications of seafarers.
Kalmar Books Order for 30 Ottawa Terminal Tractors
Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake, with delivery of the machines scheduled to take place through the first quarter of 2019.Tecon Santos is located in the largest port in Latin America and is one of Brazil's leading logistic company and biggest container terminal.
Yanmar Appoints Oggel
Yanmar Marine Intl. appointed Martijn Oggel as its Global Sales Manager.Reporting directly to YMI Director of Sales and Marketing Floris Lettinga, Oggel will implement the company’s strategic directives in alignment with local offices and key distributors, further developing YANMAR’s leading market position in the global marine industry. The new role has been created to ensure an increased focus on maximizing results and efficiency to enable sales development and market penetration.With a strong background in working with OEMs and diesel specialists…
Global Ship Lease Sings TC with CMA CGM
UK-based containership lessor Global Ship Lease (GSL) has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas.The containership charter owner said in a release that the new charters, which are in addition to the four similar charters announced on November 9, 2018, will commence upon the expiry of the current charters during the second quarter of 2019, are for a period of five years and are at a rate of $25,910 per day, up from $20…
Indian Ports register positive growth of 4.83%
India’s 12 major ports witnessed a 4.83 per cent rise in cargo traffic at 461.21 million tonnes (MT) during April-November of the current fiscal, said the government.These state-run top ports had handled 439.96 MT cargo during the corresponding eight-month period of the last fiscal.For the period from April- November 2018, Nine Ports Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic.The highest growth was registered by Kamarajar Port (20.15%)…
CSP, Abu Dhabi Ports Partner
COSCO SHIPPING Ports and Abu Dhabi Ports inaugurated CSP Abu Dhabi Terminal at Khalifa Port; positioning Abu Dhabi as the regional hub for COSCO’s global network of 36 ports and further connecting the Emirate to the major trade hubs along the Belt and Road Initiative (BRI).The deepwater, semi-automated container terminal includes the largest Container Freight Station (CFS) in the Middle East, covering 275,000 square meters. It offers facilities for full and partial bonded container shipments…
GPA On Track for 4.3M TEUs
The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017."Cargo expansion related to growth in inland markets, as well as increased demand right here in the U.S. Southeast have shifted the global logistics arena in Savannah's favor, with more port users choosing to serve their customers via Georgia's deepwater terminals…
Panama Canal Signs Deal with Port of Itaqui
The Panama Canal signed a Memorandum of Understanding (MOU) with Port of Itaqui, located in the northeastern region of Brazil, to promote the shipment of grains and other cargoes in the commercial route between the north of Brazil through the Panama Canal to destinations located in the Pacific Ocean.The Port of Itaqui, located in São Luís, Maranhão, is the Brazilian port closest to the Panama Canal and has the infrastructure and connectivity necessary to move these exports to markets in Asia.
UK Hydrographic Office Taps Lowe as Chief Executive
The U.K. Hydrographic Office has announced the appointment of Rear Admiral Tim Lowe CBE, the current U.K. National Hydrographer and Deputy Chief Executive, to the position of Acting Chief Executive and Accounting Officer. Rear Admiral Lowe will fill the role whilst a permanent replacement is sought for John Humphrey, the current Chief Executive and Accounting Officer of the UKHO, who will leave at the end of January 2019.Lowe is a Rear Admiral in the Royal Navy and joined the UKHO as UK National Hydrographer and Deputy Chief Executive in 2015.
UNCTAD Calls on Ports to Address Climate Change
About 80% of world trade is carried by sea, but the maritime industry handling these goods is on the frontline of climate woes, unless it adapts - fast.United Nations Conference on Trade and Development (UNCTAD) said that the transformation is needed if the world trade system is to cope with the projected impacts of climate change.“The hardest hit areas, coastlines, will affect us all since the lion’s share of trade itself is managed through international shipping and ports,” said UNCTAD’s chief of policy and legislation…
Dubai's DP World Completes Danish Unifeeder Acquistion
Global port operator DP World says it has completed the acquisition of Danish logistics firm Unifeeder for $748 million.DP World’s full acquisition of Unifeeder Group from Nordic Capital Fund VIII was announced in August, but finalized on Thursday."DP World PLC is pleased to advise that it has closed the transaction to acquire 100% of Unifeeder Group from Nordic Capital Fund VIII and certainminority shareholders," said one sentence statement from the Dubai-based global marine terminal operator."Unifeeder Group is now part of the DP World Group…
NYK Line Signs TC for Two LNG Carriers with Total
Japanese shipping giant NYK has signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers.According to the contract, Total Gas & Power Chartering Ltd (TGPCL) will charter from NYK two newly built liquefied natural gas (LNG) carriers that will be built by Samsung Heavy Industries Co. Ltd. in Korea and scheduled for delivery in 2021.The two LNG carriers will be equipped with a WinGD-made dual-fuel slow-speed diesel engine (i.e.…
Port of Oakland Names Haggerty as Chief Audit Officer
A longtime Santa Clara County audit and accounting manager becomes the Port of Oakland’s Chief Audit Officer next month. The Board of Port Commissioners said it has appointed Rebecca Haggerty to its top auditing post.Currently the Internal Audit Manager for Santa Clara County, Haggerty will direct operational and financial audits for all Port offices. She’ll report to the Port Board. She succeeds Acting Chief Audit Officer Katherine Buckley who returns to her role as a Port Audit Manager.Haggerty joined Santa Clara County in 1997, holding various accounting and auditing roles.
California: MSC Pays $630K for Air Quality Violations
Swiss container shipping company Mediterranean Shipping Company (MSC) paid $630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth Regulation.According to CARB, the violations were discovered during a routine audit of the company’s 2014 visits to the Port of Oakland and the twin ports of Los Angeles and Long Beach.The investigation by CARB revealed more than 2500 violations for both the Oakland and LA/LB fleets for failing…
Ukraine Accedes to International Convention on Load Lines
Eastern European country Ukraine has acceded to an important International Maritime Organization (IMO) ship safety treaty – the 1988 Protocol relating to the International Convention on Load Lines.Limitations on the draught to which a ship may be loaded make a significant contribution to the ship's safety, said a press release from IMO.These limits are given in the form of freeboards, which constitute, besides external weathertight and watertight integrity, the main objective of the Convention.
Rotterdam’s Waalhaven Harbour to Focus on Breakbulk Sector
The recently signed smart carrousel plan in the Waalhaven is expected to give breakbulk and heavy cargo companies space for further growth in Rotterdam’s Waalhaven.In the coming three-and-a-half years, 12 hectares of industrial site and 1,155 metres of quay will undergo a user change. The industrial sites and port infrastructure will also be renovated by the Port of Rotterdam Authority. The aim is to give an additional growth incentive to the Rotterdam breakbulk sector."This operation…
DCCI names Military Business Development Manager
David Clark Company Incorporated (DCCI) is pleased to announce the addition of Kent Clarke as Military Business Development Manager.Kent’s initial focus will be to introduce new audiences and end users within Military and Government markets to the Series 9100 Digital and Wireless Intercom System for marine, air, and ground communication applications worldwide. Kent brings a vast background in operations, maintenance, and management to DCCI:12 years in the US Navy as an Avionics…
Crowley Adds 400 Reefer Boxes to Fleet
Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long, high cubes built to Crowley’s exacting standards, further demonstrates the company’s focus on offering customers the most reliable and efficient equipment in the market. These units have wireless asset monitoring technology, which will provide continuous monitoring of the equipment as it transits from origin to destination…
Equinor, Faroe Petroleum in Asset Swap
Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil and gas operator DNO.It appears that Faroe in fight-back mode after DNO’s so-called ‘opportunistic’ bid.The oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK said in a press note that it has signed a binding agreement with Equinor Energy to swap its interests in the Njord…
Cargotec Makes Waves in Maritime Startup Program
Cargotec, the Finnish company that makes cargo-handling machinery, has partnered with Rainmaking in September this year to establish a startup collaboration programme called Trade & Transport Impact.The programme connects world leading corporations and innovative startups to address the biggest challenges in maritime, cargo transport and logistics, said a press release.Applications to join can now be made, and Cargotec invites startups worldwide to join with us in the Rainmaking Trade & Transport Impact programme."Maritime logistics is full of inefficiencies throughout the value chain…
Interview: Shuichi Iwanami, Commandant, Japan Coast Guard
As the Japan Coast Guard celebrates its 70th anniversary, Maritime Reporter & Engineering News offers insights on the current status and future direction of the JCG courtesy of an interview with Shuichi Iwanami, Commandant, Japan Coast Guard.*Note: At the time this interview was conducted, Shuichi Iwanami was still Vice Commandant for Operations.Could you please tell us the history and future development of the Japan Coast Guard (JCG)?The JCG, in 2018 celebrates the 70th anniversary of its foundation. When it was founded, the Japanese waters were in an eclipse period.
Dachser Names Touya to Head U.S. Management Team
Touya brings 30 years of successful company development to American supply chain endeavors.Dachser has named Vincent Touya as Managing Director of its U.S. based organization. Mr. Touya is from France and has been with the family-owned company for over 30 years.Mr. Touya will join Dachser at its U.S. Regional Office in Atlanta on February 1, 2019 and succeeds Frank Guenzerodt, who had been with Dachser for 14 years. Mr. Guenzerodt was in charge of transforming Dachser USA from a small country organization into a key pillar of Dachser’s global network.Guido Gries…
International Propeller Club Looks for new Executive VP
The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry, commerce, and global trade. It has 5,000 members in more than 75 ports around the world who represent a cross-section of the maritime industry. The Propeller Club is ninety-one years old and serves as the premier…
Maersk to Cut Carbon Emissions to Zero by 2050
The world's largest container shipping company A.P. Moller -Maersk has pledged to cut net carbon emissions to zero by 2050.The Danish business conglomerate with activities in the transport, logistics and energy sectors said in a press note that to achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovations and adaption of new technology is required.Climate is one of the most important issues in the world, and carrying around 80% of global trade, the shipping industry is vital to finding solutions.
Giampiero Soncini named CEO of IB Marine Division
Giampiero Soncini will assume the role of CEO, Marine Division, at IB Marine.“Under his guidance IB Marine is looking to become a major player in the Marine IT sector”, says Maurizio Ricci, IB President, who will retain the role of CEO IB Industry Division. “Giampiero and I have been competitors for over 30 years, and it is simply amazing that we can now work to build something together”.Giampiero Soncini replies: “IB has been in Business for over 35 years. I have known them and respected them for 30.
Hoegh LNG Partners Appoints New CFO
The floating liquefied natural gas (LNG) company Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective 1 March 2019 and will from then continue in his role as Chief Executive Officer and Chief Financial Officer of Höegh LNG Partners LP.Håvard Furu comes from the position as CFO of law firm Wikborg Rein. Before that he was CFO in Western Bulk…
NYK Launches Ship-management Platform NiBiKi
Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The new platform NiBiKi is useful for the onboard crew helping them to work comfortably and concentrate on ship operations, said a press release from the company.The data will be shared with five ship-management companies* overseeing about 260 vessels to realize further safety, it said.In accordance with the Safety Management System (SMS) manual…
Konecranes Hybrid RTGs for Port Houston
Konecranes has won an order from long-term customer Port Houston, USA, for eight Konecranes RTGs equipped with hybrid power packs. These will be the first Konecranes hybrid RTGs to be delivered. The cranes will be delivered in Q1 2020 to the Barbours Cut Terminal. The order will be booked in Q4 2018. Port Houston, the international port of Texas, has been a Konecranes customer for over 15 years. The port currently operates 90 Konecranes diesel-electric RTGs.The new RTGs will be hybrid, for eco-efficient operation without compromising crane performance.
Milaha Awarded International Health and Safety Management Award
Milaha, a Qatar-based maritime transport and logistics conglomerate, has won the prestigious “Sword of Honor” from the British Safety Council which is awarded to companies that have demonstrated excellence in the management of health and safety risks at work. Milaha was one of 61 organizations worldwide that achieved a Sword of Honor. Prior to competing for the Sword of Honor, Milaha had achieved the maximum five stars in the British Safety Council’s health and safety management audit in the period between August 2017 and July 2018.
Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub
Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby, Lincolnshire, the building will represent a state-of-the-art operations and maintenance hub to support both the construction and operation of Ørsted’s offshore wind farms, from which they currently operate more than 1.2 gigawatts (GW) of capacity with a further 2.6GW under construction.“The construction…
Denmark Mulls Most Modern Container Port
Copenhagen Malmö Port said that Denmark’s most modern container port will be completed by the end of 2021 – the futureproof, modern, sustainable and automated container terminal in Copenhagen. The terminal substantially strengthens CMP’s role as the leading actor within freight handling in the capital region and throughout Eastern Denmark.The area in Outer Northern Harbour is fairly anonymous, however, the on-going groundworks are a reminder that this is where the container terminal of the future will be just three years from now.“We are making a major investment.
Port of Vancouver USA Approves Budget
The Port of Vancouver USA Board of Commissioners unanimously approved the port’s tax levy and 2019 budget during its regularly scheduled board meeting.The U.S. West Coast port's commission voted to hold the port levy steady for the seventh year in a row, meaning annual taxes on a $350,000 home – the median price in Clark County – will be approximately $85 in 2019.At $58.4 million, the port’s 2019 budget is $10.1 million less than its 2018 budget. The decrease is primarily due…
WinGD Elected Joins LNG Marine Fuel Institute
Switzerland-based low-speed gas and diesel marine engines marine manufacturer Winterthur Gas & Diesel (WinGD) has become a member of the LNG Marine Fuel Institute.WinGD, the company involved in the design and development of the two-stroke X-DF LNG engines, is highly invested in the advancement of the shipping industry through LNG as fuel.More than 150 engines of the new WinGD X-DF type are ordered, under construction or in operations, said a press release from the company.WinGD’s engine design history dates back to the late 1800s when they were founded as the Sulzer Diesel Engine business.
DIS Annouces Sale and Leaseback of a MR Tanker
International marine transportation company operating in the product tanker market d’Amico International Shipping S.A. (DIS) said that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Trader.The 49,990 dwt medium-range (MR) product tanker vessel is built in 2015 by Hyundai-Mipo, South Korea was sold for a consideration of US$ 27.0 million.This transaction allows d’Amico Tankers to generate at the Vessel’s delivery around US$ 8.6 million in cash…
Craighead Appointed as CLIA President and CEO
Cruise Lines International Association (CLIA) has announced that its Global Executive Committee has appointed Kelly Craighead as President and Chief Executive Officer effective January 1, 2019. Craighead will be taking over the role currently held by Cindy D'Aoust, who in July of this year announced her intent to leave her position by year’s end.Craighead has spent over 15 years in the public and private sectors, recently serving as Deputy Assistant Secretary for Travel and Tourism in the U.S.
Virgin Voyages to Build a Massive Terminal at PortMiami
Virgin Voyages, formerly Virgin Cruises, has unveiled its plans for a new terminal at PortMiami.Sir Richard Branson's cruise line said in a press release that the new Virgin Voyages Terminal will be located on the northwest side of the port in Miami, giving it incredible views of the city’s skyline. Construction is due to start next year and will be completed by November 2021, the beginning of the year’s cruise season.“Miami is an incredible city and one of my favourite places to work and play,” Richard Branson said.
Fincantieri Delivers Nieuw Statendam
Nieuw Statendam, the new cruise ship of Holland America Line, was presented at the Fincantieri Marghera shipyard in Venice. Holland America Line is a brand under Carnival Corporation, the world’s largest cruise operator.The vessel is the 16th Holland America Line ship built by Fincantieri and is the line’s second Pinnacle-class ship after Koningsdam, delivered in 2016.The 99,902-ton vessel accommodates 2,666 guests and is the ultimate expression of the Holland America Line brand.
New EU Secretary Director for Danish Shipping
On 1 January 2019, Jens Valdemar Krenchel will take up the position as Head of EU Representation for Danish Shipping at the the EU office in Brussels, where Danish Shipping has been represented since 1989.At the same time, he will join the management team of Danish Shipping as Head of the organisation's EU Representation, which employs a team of four. He takes over from Casper Andersen, who has left Danish Shipping."I am pleased to welcome Jens in The Blue Denmark. Jens is a capacity with considerable insights into EU relations. Jens will be a strong voice for Danish shipping in Brussels.
ASNE Seeks Executive Director
The American Society of Naval Engineers (ASNE) located in Alexandria, Virginia is looking for a highly qualified Executive Director.ASNE is a non-profit and the leading professional engineering society for engineers, scientists and allied professionals who conceive, design, develop, test, construct, outfit, operate and maintain complex naval and maritime ships, submarines and aircraft and their associated systems and subsystems. Society activities provide support for the U.S. Navy; U.S. Coast Guard; U.S. Marine Corps; U.S. Merchant Marine and U.S.
CMA CGM Wins Award for Most Accomplished Asia Pacific Ship Owner
The CMA CGM Group has been awarded the Most Accomplished Asia Pacific Ship Owner Award 2018 at the Maritime2020 Summit, which was held in Singapore on November 27, 2018.The French container transportation and shipping company said that this award recognizes the shipowner who demonstrates the greatest efforts to make its fleet more sustainable, efficient and environmentally friendly.Mathieu Girardin, Vice President CMA CGM Asia regional Office, received the award on behalf of the…
Hutchison Ports Thailand Welcomes M.V. ONE Columba's Maiden Call
Hutchison Ports Thailand (HPT) recently welcomed M.V. ONE Columba, the largest vessel to ever call Terminal D at Laem Chabang Port. HPT’s new Terminal D played host to Ocean Network Express’ (ONE’s) M.V. ONE Columba.The vessel was met by delegates of Terminal D in the morning of 24 Nov, and the vessel departed Laem Chabang Port one day later. M.V. ONE Columba, with a total length of 364 meters and a total gross tonnage of 145,647 tons, it is the largest container vessel ever to call at Laem Chabang Port in Thailand.
Ørsted Completes Divestment in Hornsea 1 Offshore Wind Farm
Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP). Hornsea 1 is under construction and will be the world’s largest offshore wind farm when commissioned in 2020.As part of the agreement, Ørsted will construct the wind farm under a full-scope EPC contract.
Skangas Becomes Gasum
Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated gas company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and the LNG infrastructure.The name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of liquefied natural gas (LNG) in the region.
TEN Finds Work for Suezmax Tanker
Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue contracts since the beginning of the year to 24, the majority of which on rates with upside optionality.These charters have an average duration of two years and are expected to add a minimum of $250 million to fleet revenues, it…
CEVA Logistics Acquires CMA CGM Log
CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic. CEVA will remain an independent and standalone listed company. This strategic partnership is aligned with CMA CGM's strategy to offer end-to-end logistics solutions to its customers, pioneering the development of integrated logistics solutions, while retaining an arm's length business relationship with CEVA.The…
ChartCo Moves Ships’ Logbooks to the Cloud
ChartCo and Klappir Green Solutions signed partnership agreement where the companies will market digital logbooks and software solutions for the global commercial maritime sector, within the ChartCo OneOcean platform. These will focus on the provision of reporting, monitoring, compliance and validation services.This move reflects ChartCo’s ongoing strategy of simplifying the operation and management of commercial shipping. The ChartCo OneOcean platform is making a hugely positive…
Intermarine UK Appoints Bowden
Intermarine UK has named former A&P Falmouth procurement manager Mark Bowden as its new production manager.Bowden will be in charge of day-to-day operations at the company’s newly opened 2,400sqm fabrication and welding facility at Portland Port in Dorset.Intermarine UK, part of Polish-owned Inter Marine Group, signed a 20-year lease on the site at the start of this year and has since invested $832,900 in new machinery. The move has enabled the business to evolve from a labor…
Port of Corpus Christi: $59m for Channel Upgrades
The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million. The estimated CIP cost is $360 million, of which the federal government is responsible for $230 million, while the Port of Corpus Christi is responsible for the remaining $130 million. To date, the Port of Corpus Christi has transferred $78 million of its own funds to the USACE…
ShipNet Ties-up with ShipMate
Marine software and platform companies ShipNet and ShipMate announced a strategic exclusive partnership to provide advanced workflow capabilities for crew management and payroll solutions integrated with safety management, planned maintenance services (PMS) and procurement solutions.The partnership brings close collaboration delivering workflow functionality focused on productivity, improving efficiency and streamlining crewing operations – undoubtedly one of the highest OPEX…
Philippine's Batangas Port Hits Record Cargo Volume in November
The Batangas International Port or locally known as the Batangas Pier in Philippines said that Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI), has continuously stepped up its role as international trade facilitator in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) and has effectively helped decongest Metro Manila roads.Early in November, BCT achieved a new operations milestone as it broke through the 200,000-TEU (twenty-foot equivalent…
Wilhelmsen Unveils Raa Labs
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future, improving efficiency and introducing new business models. “To fully embrace innovation, you need to understand the bigger picture to ensure that every action you take not only saves the day or the week…
MarTID 2019: The Global Survey of Maritime Training Practices is Open
The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future ‘seafarers,’ and as of November 26, 2018, the survey is officially ‘open’ for a period of approximately six weeks.The MarTID 2019 SurveyTo facilitate a broader response, this year the MarTID steering group opted to both shorten the survey and to offer three, targeted versions: one for vessel operators, one for training institutions and one for seafarers.
SOGET launches EasyBrexit!
France-based Port Community System operator SOGET, in close collaboration with French customs, port authorities, ferry companies and road hauliers, will offer an integrated e-freight corridor based on a digitalized anticipation of information flows related to cross-Channel goods."Cross-channel RO-RO traffic of trucks and its logistics’ fluidity in ports are crucial matters for the competitiveness of the Great-Britain - Europe corridor. With 5 million trucks on the coastal border territory…
CMA CGM to Accelerate Logistics Strategy with CEVA
French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics, it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group said: "Our ambitious development project for CEVA was approved by its Board of Directors. Subject to approval from the regulatory authorities, this project will accelerate CEVA’s transformation…
CMA CGM Reports Higher Volumes and Revenue
French container shipping group CMA CGM third quarter results outperformed the industry, with significant increases in revenue and volume.The global transporting company said in a stock exchange annoucement that its volumes have risen 5.5 percent and revenue is up 6.3 percent compared to the third quarter in 2017. The group's net income was $103.1 million.CMA CGM’s Chief Executive Rodolphe Saade had said he expected a strong third-quarter, helped by brisk China-U.S. shipments…
Diana Shipping Buys Back its Sold Shares
Athens-based shipowner Diana Shipping announced the commencement of a tender offer to purchase up to 4,166,666 shares, or about 3.86%, of its outstanding common stock using funds available from cash and cash equivalents at a price of US$3.60 per share.The global shipping company specializing in the ownership of dry bulk vessels informed in a stock exchange annoucement that the tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on December 20, 2018, unless…
Cepsa Appoints Musabbeh Al Kaabi as Chairman
Spanish multinational oil and gas company Cepsa announced that Musabbeh Al Kaabi was named as Chairman in succession to Suhail Al Mazrouei at a meeting of the Board of Cepsa.This follows the appointment by Mubadala, as sole shareholder, of Saeed Al Mazrouei, Ahmed Saeed Al Calily and Bakheet Al Katheeri as members of the Board for a statutory period of four years.The three new board members, all senior executives of the Mubadala group, have distinguished backgrounds and broad experience and knowledge of the energy sector.Musabbeh Al Kaabi…
Hapag-Lloyd unveils "Strategy 2023"
As the liner industry has come to a turning point following a period of consolidation, Hapag-Lloyd unveiled its five-year strategy, prioritizing profitability, service, and cost savings in a container shippingLarge-scale acquisitions is not one of the objectives in German carrier's new strategy will characterize everything the shipping company does in the next five years, said its CEO Rolf Habben Jansen.Hapag-Lloyd is more than two times larger than it was in 2014 in terms of transport capacity.
NYK Testing Cashless Ships
Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the remittance of electronic money (e-money).The the shipping and logistics company said it is as a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green”.Onboard tests have been conducted to examine the potential to reduce administrative work and the risk of cash loss, and thus foster an employee-friendly workplace where crews can work comfortably and concentrate on ship operations.Today…
Bomin Sells Belgium Bunker Ops
Bomin Group, a supplier of marine fuels, has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans.Bomin announced in September 2018 that it was exiting the bunker market in Antwerp, said a press release from the company.The purchasers will acquire 100 percent of the shares in Bomin Belgium, located in Antwerp. Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018.
Diana Shipping Fixes m/v Alcmene with BG Shipping
Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Alcmene.The global shipping company specializing in the ownership of dry bulk vessels said in a press note that the gross charter rate is US$11,500 per day, minus a 5% commission paid to third parties, for a period of minimum 11 months to maximum 14 months.
New Agreement on Minimum Wage for Seafarers
The social partners, namely the International Transport Workers’ Federation (ITF) and the International Chamber of Shipping (ICS), convened in Geneva at the Joint Maritime Commission (JMC) subcommittee on seafarers wages to review the International Labor Organization (ILO) Minimum Wage for an Able Seafarer (AB) provided for in Code B of the Maritime Labor Convention, 2006 (as amended).The decision, following two days of negotiations, was to update the minimum wage for an able seafarer by $27 over the next three years.
London P&I Club Issues Loss Prevention Guide for Coal Cargoes
THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation.The guide, written by Paul Willis, Senior Associate with UK-based forensic investigation and root cause analysis specialist Hawkins, notes that the management of coal cargoes and the proper use of gas detection equipment are key elements in the prevention of coal fire claims. It details the fundamental requirements relating to the installation…
Bomin Sells Belgium Bunker Ops
The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.The purchasers will acquire 100 percent of the shares in Bomin Belgium, located in Antwerp. Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018. As from January 2019 the company will be rebranded.The Bomin…
Young Joins GAC
Daniel Young has been appointed as GAC’s Group Marketing Manager, covering the eastern United States, eastern Canada, and the Caribbean.He brings to his new role 15 years’ port agency and logistics experience drawn from a diverse working background that includes business development for both commercial and government customers, port operations management and freight forwarding. Young’s appointment reflects the Group’s continuing drive to fully understand and meet the needs of its customers by drawing on its strengths and versatile, integrated range of shipping and logistics services.
Port of Marseille Fos Focus on Emission Cut
The port of Marseille Fos has set up a working group bringing together actors from the liquefied natural gas (LNG) sector to reflect on the development of LNG as a marine fuel with a view to reducing the impact of ships in the port of Marseille Fos.At the end of 2017, the Port of Marseille Fos set up a working group that brought together players from the liquefied natural gas (LNG) sector to reflect on developing LNG as a marine fuel with a view to reducing the impact of ships…
Fred. Olsen Cruise Line’s MD Mike Rodwell to Retire
Fred. Olsen Cruise Lines’ managing director, Mike Rodwell, is to retire at the end of August 2019, following 15 years in the role and 31 years with the business.Mike has worked across a number of the Fred. Olsen businesses since he joined the group in 1987, with his first role as accountant for Fred. Olsen’s first-ever designated cruise ship, Black Prince.Following this initial role, Mike spent four years as Financial Controller for Fred. Olsen Travel, before a brief period as Financial and Commercial Manager for Fred.
Star Bulk Carriers Reports Profit for Fourth Consecutive Quarter
The global shipping company focusing on the transportation of dry bulk cargoes Star Bulk Carriers Corp announced the third quarter ended September 30, 2018 marks the fourth consecutive profitable one.The Marousi, Greece-based company said that the total revenues for the third quarter of 2018 increased to $188.5 million from $80.8 million in the third quarter of 2017.Petros Pappas, Chief Executive Officer of Star Bulk said: "we achieved $128.7 million in TCE Revenues, $80.1 million in Adjusted EBITDA and Net Income of $26.1 million.
AIMU Elects New Officers
The American Institute of Marine Underwriters (AIMU) elected the following slate of officers at its annual Board of Directors meeting on November 15:•Michael McKenna of Navigators – Chairman•Michael Csorba of Great American – Vice Chairman•Tony Cowie of Swiss Re – Director of FinancesThe following three individuals were named to the Management Committee for a three-year term:•Gordon Lewis – Crum & Forster•Ryan O’Connor – Allianz Global Corporate & Specialty•Robert Ryan – NavigatorsLes Bogdan of Berkley Offshore Underwriting Managers…
St. Lawrence Seaway Traffic: A Busy October
St. Lawrence Seaway shipping had its second busiest month of the season in October, fueled by increases in shipments of grain, salt and construction materials.Overall cargo shipments via the St. Lawrence Seaway (from March 29 to October 31) totaled 30.5 million metric tons, up four per cent over the same period in 2017.The increase in construction materials, like cement and clinker shipments which are up 20 per cent, can partly be attributed to cement moving into terminals in Ste.
Alaska Marine Lines Expands to Arctic Ports
Alaska Marine Lines, an Alaska marine transportation company, is expanding its service from Seattle and Anchorage to the Arctic Region in 2019. Bowhead Transport will provide the destination services at the North Slope villages of Point Hope, Point Lay, Wainwright, Utqiagvik (Barrow), and Kaktovik. Alaska Marine Lines will also service Deadhorse with its two annual sealifts. Bowhead, thru its teaming agreement with Alaska Marine Lines, will continue to participate in the door…
India to Probe Alleged Antitrust Behavior by Maersk, DP World at Mumbai Port
India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore's PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the…
Posti to Use LNG Vehicles
Finland's leading postal and logistics service company Posti has taken into service two full trailer combinations powered by liquefied natural gas (LNG).Posti will be using the LNG vehicles for demanding transport operations. Posti's target is to reduce carbon dioxide emissions in proportion to net sales by 30% by 2020.Posti will be using the LNG-powered vehicle combinations for demanding transport operations on routes including Vantaa–Oulu, Vantaa–Lappeenranta and Vantaa–Turku.The vehicles will cover a daily distance of around 900 km…
Jurong Port Wins Green Port Certificate
Singapore-headquartered Jurong Port (JP) has been awarded the Green Port Certificate, a program under the Green Port Award System (GPAS) developed by the APEC Port Services Network (APSN)A press note from the international multipurpose port providing integrated solutions for the most complex of logistics operations said that the GPAS program is a green evaluation system for ports in the Asia-Pacific Economic Cooperation (APEC) region which assesses initiatives that improve environmental…