Hapag-Lloyd Results Up in First Quarter
Hapag-Lloyd closed the first quarter of 2019 with a significantly higher operating profit as Earnings before interest and taxes (EBIT) increased to $240.5 million…
DNV GL, WindServe Ink Deal for U.S. Wind workboat
DNV GL has secured a classification contract for WindServe's new Crew Transfer Vessel.WindServe Marine, LLC (WindServe) has awarded DNV GL a contract for classification…
HII's “Signing Day” For Shipbuilder Academy Grads
Huntington Ingalls Industries’ Ingalls Shipbuilding division hosted a signing day ceremony on Tuesday for the 2019 graduates of its Shipbuilder Academy program. Twenty-six high school seniors were offered full-time positions at Ingalls after successfully completing the specialized career technical education (CTE) program.“For more than 80 years, Ingalls has provided the families of our communities the opportunity to learn relevant job skills and build successful careers,” said George S.
USCG, Partners Continue to Assess Tanker Coimbra
The U.S. Coast Guard and New York State Department of Environmental Conservation, along with contracted Resolve Marine Group, continue to assess the tanker Coimbra located approximately 30 miles southeast of Shinnecock, NY.
ABS Supports BW Compliance as IMO Deadline looms
ABS published its 2019 Ballast Water Management Advisory providing critical advice to owners in advance of the five-year window beginning September 2019, requiring…
Chesapeake Shipbuilding Launches New Tug
Chesapeake Shipbuilding Corp. of Salisbury, MD has announced that it successfully launched the tug Salisbury, the 1st of 4 sister ship tugs for Vane Brothers. The new tug is a Sub-Chapter, M-Compliant Push Tug, both designed and built by Chesapeake Shipbuilding & Naval Architects. Chesapeake Shipbuilding has been designing and building commercial and passenger vessels since 1978.Construction of the…
Coast Guard Foundation Presents Award to Crowley
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, recently recognized Chairman and CEO Tom Crowley Jr. and Crowley Maritime Corporation for more than 30 years of support at its 25th Tribute to the Coast Guard Seventh District event in Fort Lauderdale, Fla. The event, originally scheduled for late January but postponed due to the partial government shutdown, was held April 18.
Russian Oil Contamination Still a Problem for Buyers at Ust-Luga Port
Russian oil quality from the Baltic port of Ust-Luga was improving on Thursday but still not good enough for refiners in Europe, with required standards expected only by May 11…
Dockmate at Seawork International
Recently brought to the UK’s shores, Dockmate is a future proof, wireless remote-control boat steering system that can be fitted in less than a day on any boat or yacht across the country from driveway to dry dock. Designed to eliminate all the worry and uncertainty associated with docking, Dockmate has confirmed it will be exhibiting for the first time at this year’s Seawork International - Quayside.The team at Dockmate will demonstrate how its remote boat docking technology…
INLAND FINANCE: But I Don’t Need That Much
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah. It is not unusual to see the traffic on this highway heavily congested, even at a standstill at times.
Hapag Lloyd: Calm Passage Despite Trade War
Hapag-Lloyd is optimistic about the year ahead, despite global trade tensions, the German container shipping company's chief executive said on Thursday after a first quarter earnings rise."Despite all the uncertainty, we see a somewhat stable development," Rolf Habben Jansen told Reuters, adding that trade wars have so far had a limited effect on Hapag Lloyd's business.U.S. President Donald Trump said on Wednesday that China had broken the terms of a trade deal…
Finland-Norway Rail Link for Arctic Sea Route
A Finnish company said on Thursday it planned to develop a railway connection between north Finland and Norway's Kirkenes port to link with potential Arctic shipping…
HVCC Optimizes Inland Waterway Shipping
Port of Hamburg's Hamburg Vessel Coordination Center (HVCC) is developing a digital platform for inland waterway vessels, to allow ship calls to be coordinated centrally…
Ørsted Orders CTV Pair in the US
Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore…
Polsteam Gets $175mln for 34 Bulkers
Bank syndicate led by DVB Bank SE completed a $175 million financing of a 34 Bulk Carrier portfolio for Polsteam Group.Polska Żegluga Morska known as Polsteam or PŻM…
USCG Polar Security Cutter Details Unveiled
The U.S. Coast Guard (USCG)’s next icebreaker is based on a German research vessel, features a unique Finnish propulsion design and is driven by American diesels…
Bulker Values to Slide Further in 2019
VesselsValue has, together with Oslo-based shipping consultancy firm ViaMar, released forecasted asset values in which it was indicated that bulker values would…
ABS Supports Ballast Water Compliance
American Bureau of Shipping (ABS), a global provider of classification and technical advisory services to the marine and offshore industries, published its 2019…
Ocean Alliance Maiden call at Hamburg Port
The first container-ship in the new Asia service Loop 7 - the Taurus, 14.424 TEU, belonging to the Ocean Alliance - has berthed in the Port of Hamburg.Port of Hamburg…
Sovcomflot Gets Funds for LNG Carrier Duo
Russian maritime shipping company specializing in petroleum and LNG shipping, (SCF Group) has signed a new $297 million limited recourse credit facility to finance…