Dryships Sells Panamax ‘at 10% premium’
DryShips Inc. (NASDAQ:DRYS), or the Company, an international, owner of drybulk carriers and offshore support vessels, today announced that it has sold the 2002…
Hamburg Süd Receives Gold Rating from EcoVadis
Hamburg Süd has been awarded gold, the highest-possible recognition level, for its evaluation completed in July 2016 by the supply chain sustainability network EcoVadis.
More Plastic than Fish in the Ocean
Did you know that by 2050 there could be more plastics in the ocean than fish, if human habits don’t change? India Clean Seas Conference taking place in Goa, India (22-24 September)…
Fitch: Maersk Gets Little Solace from Sectoral Diversification
The decision by A.P. Moeller-Maersk A/S to split into two separate divisions - Transport & Logistics and Energy - reflects the challenging fundamentals in the sectors in which it operates…
Cargotec Begins Interschalt Restructuring
Cargotec is to begin restructuring at maritime software provider Interschalt, following its acquisition of the company earlier this year. The re-organisation is…
Hiab Extends Warranty HIAB Loader Crane Models
Hiab, part of Cargotec, has decided on an extended warranty that covers all HIAB loader crane models. The warranty will be valid for all loader cranes delivered as of 1 October 2016.
Finland Funds Autonomous Ship Research
The Finnish government's innovation investment arm, Tekes, said that it is making a multi-year commitment to funding collaborative research and development of autonomous…
Fire on Pemex Tanker in Gulf of Mexico
A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm.
Port House, Antwerp inaugurated
The new Port House in Antwerp repurposes, renovates and extends a derelict fire station into a new headquarters for the port – bringing together the port’s 500 staff…
Largest Ship to Dock in Colombo
M. V. Mogens Maersk, one of the world’s largest ships will arrived in Colombo yesterday. To mark the occasion, an on-boarding ceremony is being organized at the CICT Terminal at the Colombo port.
General Dynamics AUV Detects Threats to Ship Hulls
General Dynamics Mission Systems featured the Bluefin Robotics hovering-autonomous underwater vehicle (H-AUV) at OCEANS 2016 in Monterey, California. The Bluefin Robotics H-AUV locates…
Newport International Boat Show Announces Edson Awards
Newport Exhibition Group, owners and producers of the Newport International Boat Show,announced today the results of this year’s Edson Awards for Excellence in Portraying Company Image.
MOB Device for Immediate Alert for Fast Response
Professional mariners know the life-threatening hazards of falling overboard, but may not consider how critical the recovery window is, especially with a moving vessel.
The Switch Acquires Wärtsilä Drives’ Products
The Switch, a technology specialist of advanced drive trains, announced its acquisition of Wärtsilä’s marine drives business that encompasses specialized megawatt…
Harvest Halts as Rains Douse Midwest, Could Impact Barge Loading
Heavy rains and flooding swamped a broad swathe of the northern Midwest this week, halting the harvest of corn and soybeans and forcing the closure of at least two Iowa crop processing plants…
Libyan Oil Port Takeover Gives Edge to Eastern Commander
Less than a fortnight after forces loyal to Khalifa Haftar swept into four of Libya's oil ports, tankers are loading, production has jumped, and momentum has shifted…
Bolivia's Morales Accuses Chile of Restricting Access to Ports
Bolivian President Evo Morales told the United Nations Human Rights Council on Friday that Chile had restricted access to ports on its coast in violation of free passage treaties…
Port of New Orleans Board Elects Kearney as Chairman
The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal. He succeeds Mr. William T. Bergeron, whose term as chairman expired this month. Mr. Bergeron will continue to serve as a commissioner. In addition, the Board elected Mr. Robert R. Barkerding vice chairman and Mr. Laney T. Chouest secretary-treasurer. Mr.
Carnival Signs MOA for First New Cruise Ships Built in China
Carnival Corporation & plc has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement (MOA) to order the industry’s first new cruise ships built in China for the Chinese market. The MOA is subject to several conditions including closing of the joint venture, financing and other key terms. As part of the new MOA, Carnival Corporation’s cruise joint venture…
FMC: Update Regarding Commission Briefings on the Status of Hanjin Shipping
The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20, 2016 public meeting. Commissioners were briefed by staff from the Office of the General Counsel; the Bureau of Trade Analysis; the Bureau of Enforcement;…
