Maritime Industry Top News
Corvus Energy Opens Office in Bergen
Corvus Energy, a supplier of Type-Approved energy storage systems (ESS) for the commercial maritime industry is proud to announce the opening of Corvus Norway AS.
Growing Demand for Liebherr Cranes in Americas
In 2015, the number of Liebherr mobile harbour cranes (LHM) in the Americas continues to rise. Models from across the range have been delivered to various countries.
Alfa Laval EGR-HPE Economizer a Boon
With Tier III NOx limits entering into force in North America and the US Caribbean in January 2016, the time has come for many ship owners to choose their method of compliance.
IMO Welcomes UN Resolution on Migrant Smuggling
IMO Secretary-General Koji Sekimizu has welcomed the adoption by the United Nations Security Council of a UN Security Council resolution which authorizes Member…
Port of Portland Welcomes New Commissioners
The Port of Portland Commission today welcomed new commissioners Alice Cuprill-Comas and Gary Young. Both were earlier nominated by Gov. Kate Brown and confirmed the Oregon State Senate.
China Shipping and Cosco Near Mega Merger Deal
State-owned shipping giants China Ocean Shipping Co. (Cosco Group) and China Shipping Group (CSG) are in advanced negotations on combining their container shipping businesses, reports WSJ.
Shipping Fleet Grew at Lowest Rate, says UN
The world's commercial fleet grew by 3.5 percent during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference…
Maritime Transport and Climate Policy at a Critical Juncture: UNCTAD Report
​As the global community commits to the new Sustainable Development Goals and gears up for a new international climate policy agreement, the UNCTAD Review of Maritime…
Spotlight on Links Between Maritime Transport and Sustainability
The 2015 Review of Maritime Transport, published by the United Nations Conference on Trade and Development (UNCTAD), underscored the role of maritime transport in…
Lithuania Mulls LNG Exports
Domestic glut prompts Lithuania government to consider selling-off surplus gas supplies, reports Reuters. Lithuanian LNG importer Litgas could be about to start re-exporting LNG bought.
J.B. Hunt: Boost in Intermodal Business
J.B. Hunt Transport Services, one of the largest transportation companies in North America, reported increased profits in the third quarter as demand grew for transporting shipping containers.
Greek Shipping Frets Over Higher Taxes
Greece's cash-strapped government is proposing to end increase taxes m the country's key shipping sector in order to boost revenues, but some shipping owners are…
Paris MOU's Vessel Inspection Data Now Available Online
A newly introduced statistical feature on the Paris MoU website, parismou.org, grants access to the region’s vessel inspection results. “It is important we communicate about the results of our efforts to prevent sub standard shipping,” said Richard W.J. Schiferli, Secretary General of the Secretariat of Paris MoU. The new statistical feature shows the results of validated inspections within the Paris MoU region, with the option to present them in a customized way.
Mississippi River Basin Gets a Grade of D+
The Mississippi River basin has gotten a report card from a group that monitors watershed health and economic impact — and the grade is D+. The organization, America's Watershed Initiative, cited the poor condition of infrastructure such as locks and dams, and a lack of funding that could lead to water security issues. The Mississippi River watershed is the fourth-largest in the world, according to the group. It is made up of five river basins that flow across 31 states.
FDNY Boat Named for Firefighter Lost on 9/11
Construction of FDNY’s newest fireboat, William M. Feehan, has been completed by shipbuilder MetalCraft Marine Incorporated, and is slated for delivery and christening in the coming weeks. The name of the new boat honors veteran firefighter William Feehan, who at 71 was the oldest of 343 firefighters to pass away in the line of duty on September 11, 2001. The vessel’s nameplate, displayed prominently alongside the cabin, is milled from an I-beam lifted from the rubble of the World Trade Center.
Burdeau Appointed COO of GTT
GTT, a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its board of directors…
Silver Ships Delivers Patrol Boat to the Hamptons
A 21-foot all-aluminum patrol/rescue boat was recently delivered to the Southampton, N.Y. Bay Constables for its law enforcement mission, the builder Silver Ships, Inc. announced. The Freedom 21 center console boat was designed and engineered for one-man operation, which, according to Silver Ships, is a sought-after feature in today’s climate of staffing reductions by public safety agencies. The boat is tasked with patrol…
Family of Sunken El Faro Crewman Files $100 Mln Lawsuit
A lawyer for the family of a missing crew member from the El Faro cargo ship, which sank off the Bahamas in a hurricane two weeks ago, said he filed a $100 million lawsuit on Wednesday against the owners of the ship. The lawsuit on behalf of the estate of Lonnie Jordan, one of the 33 crew members presumed dead, was filed in Jacksonville, Florida, court against Tote Services Inc and Tote Maritime Puerto Rico, attorney Willie E.
Hapag-Lloyd Trims Share Listing Plans
Container shipping group Hapag-Lloyd trimmed its initial public offering (IPO) amid wobbly markets on Wednesday, saying it now expected to raise about $300 million from the sale of shares to investors. The group, which gave a 23-29 euros price range for the shares, previously said it aimed to raise $500 million in its stock market flotation to invest in new ships and containers. Hapag-Lloyd joins several German companies that have recently had to curb their capital raising ambitions…
Sweden’s PowerCell Establishes German Arm
PowerCell Sweden, an energy technology company with a patented technology for generating electricity from fuel cells, announced today it will establish PowerCell Germany GmbH.
