Brunswick Ro/Ro Capacity Up by 50%
Georgia Ports Authority (GPA) Executive Director Griff Lynch said the GPA increased auto processing capacity at Colonel’s Island Terminal by 50 percent over the past 12 months…
BP Chairman to Retire
BP has announced that Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman. Svanberg will chair the annual general…
Alpha Bank Securitize Shipping Loans
Greece's Alpha Bank has successfully completed its second financing transaction of $250 million through shipping securitization with Citi, following the inaugural…
HMAS Hobart Sets Sail
HMAS Hobart has “slipped her lines” and set sail for the first time since commissioning on 23 September 2017. Her departure from Fleet Base East, Garden Island,…
Scorpio Gets Financing for Kamsarmax Vessel in Japan
Scorpio Bulkers Inc announced that it has entered into a financing transaction in respect of one of the Company’s Kamsarmax vessels with unaffiliated third parties in Japan.
Global Logistics to Reach $12 Trillion by 2025
The global logistics industry is expected to reach $12 trillion in value by 2025, recording a 6 percent CAGR over the period, says a research report. According to Wiseguyreports…
Victor Restis Buys Stake in Globus Maritime
Globus Maritime Limited, a dry bulk shipping company, announced that it has signed a share and warrant purchase agreement providing for the issuance, for gross proceeds…
Spotlight on Maritime Security at Mexico Workshop
Mexican port security officials have undergone training on complying with International Maritime Organization (IMO)'s International Ship and Port Facility Security (ISPS Code).
APL Launches New Korea China Straits Service
APL announced the launch of a new Korea China Straits (KCS) service that will serve the key Asian markets of China, Korea, Singapore, Malaysia, Indonesia and the Philippines.
Wärtsilä Inks Maintenance Deal with GasLog
Wärtsilä said it has signed an engine maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement, effective as of October 1, 2017, consists of Dynamic Maintenance Planning (DMP), technical support, secured availability of spare parts and specialized technical personnel around the clock as well as constant performance monitoring.
Update: Texas Barge Explosion Kills One, Fire Extinguished
At least one person was killed and another was missing on Friday after an oil barge being pulled by a tug boat caught fire and exploded in the Gulf of Mexico off Texas, officials said. The barge was carrying some 133,000 barrels of crude oil to a refinery in Corpus Christi when the explosion occurred at 4:30 a.m., they said. The dead person had not yet been identified and the fire was allowed to burn itself out before being extinguished…
Southampton Marine Services Delivers Svitzer Merlin
U.K. shipbuilder Southampton Marine Services said it has delivered a newly constructed 20.45-meter multipurpose harbor workboat to Svitzer. The new vessel, named Svitzer Merlin, is the forerunner in Southampton Marine Services’ new Bulldog workboats range. A Bulldog 20, the workboat is a repeat Svitzer order for Southampton Marine Services, being similar to the Middlesbrough-based Svitzer Leven. Svitzer Merlin takes her place in the Svitzer fleet being based at Milford Haven…
Containership Receives a Special Welcome
The world’s largest containership received a special greeting when it arrived for the first time at Germany’s sole deepwater port. On October 16, EUROGATE welcomed the 21,413 TEU OOCL Germany at its container terminal in Wilhelmshaven, where employees had arranged containers on the stowage area to write out the ship’s record-setting TEU capacity. “Although we are in the meantime witnessing the world’s largest container vessels at Wilhelmshaven on a weekly basis…
Keller Shifts Gears
Satisfaction in overall powertrain reliability often comes down to individual components, starting with the gearbox and gear wheels. To this end C. u. W Keller GmbH & Co.KG, has made investment in its products and processes – $41 million over the last 15 years – to ensure that it remains a strong link in the propulsion chain. Keller’s experience in gear wheels and gearbox that spans more than 100 years, with marine applications added to the line-up 18 years ago.
Legal Limbo: Risk Management in a Modern Marine Economy
Technology helps maritime companies do more with less. But today, technological advances are outstripping legal developments. As a result, many marine-based businesses operate in a legal limbo with many lawyers and insurance professionals confused about what laws will apply to what claims. While sometimes philosophical, the problem of what law will apply becomes stark and very real when a worker is injured.
The Nautical Safety Profile
MARIN is working together with the industry to develop the Nautical Safety Profile for operations and risk management. Liquefied natural gas (LNG) is increasingly being used as an alternative fuel, both at sea and on land, to reduce pollution from transportation. In 2011 the first LNG carrier arrived at the Rotterdam Gate terminal, and last year the terminal was upgraded to facilitate the transfer of LNG to shuttle tankers.
How HR Can Make Maritime Organizations Future Proof
Any maritime business relies on its workforce to innovate and adapt, often in tough and changing market conditions. In fact, people are the most important assets in the maritime sector and organizations must invest in bridging the talent gap or risk losing out to competitors, especially as there is a shortage of suitably qualified and experienced seafarers, onshore staff and shipyard workers worldwide.
Rob Nakama: From USCG to Foss Maritime
Just two weeks after accepting the U.S. Coast Guard’s congratulations on a military career spanning almost three decades, Rob Nakama drove from Washington D.C. to Seattle to join Foss Maritime as the company’s Manager of Contingency Planning and Emergency Response. “I’ve been in the military for the majority of my life; the transition has been surreal,” he said. Nakama was born in Hawaii, growing up on the island of Maui as the son of a taro farmer who worked for the Aloha Poi Factory.
Two Missing after Barge Catches Fire in Texas
Two crew members were missing after a barge carrying about 140,000 barrels of crude oil to a refinery caught fire early on Friday in the Aransas Pass Anchorage in Texas…
Wren Completes Isle of Man Steam Packet Company Deal
Liverpool marine fabrication firm Wren Industrial has manufactured and installed a collection of new water-tight and fire-rated doors for leading UK ferry operator Isle of Man Steam Packet Company. The welding and fabrication specialist has a long-standing relationship with the famous ferry firm, which is renowned as the oldest continuously operating passenger shipping company in the world - founded in 1830.