News


Port Everglades & Dominican Republic Port Authority Sign MOU

Broward County's Port Everglades Department and the Dominican Republic Port Authority have signed a Memorandum of Understanding (MOU) as part of a joint Sister Seaports agreement.The MOU will  promote bilateral trade.

Korea P&I and Britannia P&I to Collaborate

The Britannia Steam Ship Insurance Association Limited (Britannia P&I) and The Korea Shipowners’ Mutual Protection and Indemnity Association (KP&I) established a new collaboration agreement, Korea-Britannia P&I Collaboration ‘KBC’.

BIMCO: No Change in US Imports of Steel Goods From Brazil

0.0%, no change in US imports of steel goods from Brazil despite quotaIn the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017,

Ocean Yield Adds LR2 Tanker Trio

Norwegian ship owner and operator Ocean Yield ASA has taken delivery of three long range 2 (LR2) product tankers built in China.The three LR2 product tankers are Navig8 Pride (2018-built), Navig8 Providence (2018-built) and Navig8 Prestige (2019-built).

Grieg Star Adds Newbuild to Fleet

Norwegean shipping company Grieg Star has taken the 64,000 DWT Star Gaia on a long term tariff contract (lTTC) deal for seven years.Star Gaia is a part of the G2 Ocean bulk pool.  G2 Ocean is a joint venture of two of the breakbulk and bulk shipping companies: Gearbulk and Grieg Star.

Meyer Turku Delivers Costa Smeralda

Finish shipbuilder Meyer Turku delivered liquefied natural gas (LNG)-fuelled Costa Smeralda to its Italian owner Costa Cruises, a brand of Carnival Corporation.The brand's new flagship Costa Smeralda becomes Carnival Corporation's fourth new ship of 2019 and its second LNG-powered ship.

New Jet Propulsion Systems for WorkBoat

Boston-based Sea Machines Robotics announced has successfully commissioned an SM300 autonomous control system aboard a HamiltonJet-powered workboat in New Zealand.HamiltonJet is now trialing this marine

Jan De Nul Cuts CO2 in Dredging Work

Jan De Nul Group, the international  dredging company, said that the maintenance dredging works in the marinas of Nieuwpoort on the Belgian coast got underway.“What makes this project so unique, are the CO2-reducing measures taken by Jan De Nul Group.

TEN Extends LNG Carrier Charter

The diversified tanker operator Tsakos Energy Navigation (TEN) announced the extension of one of its liquefied natural gas (LNG) carriers for a minimum one-maximum three-year period.The Greek shipping

CME Adds Two Delivery Points to WTI Houston

CME Group on Thursday said it would add two more delivery points for its WTI Houston crude futures contract, pending regulatory review, as it seeks to provide customers with additional options to hedge physical price risk.

JAXPORT Board Extends CEO Green’s Contract

During the December meeting of the JAXPORT Board of Directors, the Board unanimously voted to extend CEO Eric Green’s contract through fiscal year 2024. The new five-year contract is effective October 1, 2019.

DNV GL and Huangpu-Wenchong Sign JDP

DNV GL entered into a Joint Development Project (JDP) with Huangpu-Wenchong Shipbuilding Company (HPWS) on a 5,000 TEU LNG dual-fuel containership. Wu Ronghui, HPWS Deputy Chief Engineer, and Falk Rothe, Head of DNV GL’s Technical Center China, signed the JDP.