News


Dubai Launches Agency to Regulate Dhow Sector

The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with Dubai Maritime City Authority (DMCA), have launched the Marine Agency to oversee wooden dhow ships and regulate all their activities while they’re in Dubai waters.

Klaveness Lines Up Sustainability-linked Newbuild Financing

Norwegian shipping company Klaveness Combination Carriers (KCC) said it has secured a $60 million sustainability-linked term loan and revolving credit facility for the financing of the seventh and eighth CLEANBU vessels with delivery in 2021, reportedly a first within the maritime industry.

New Bill Aims to Secure Grant Funding for Maritime Training

A new bill introduced in the U.S. aims to make available $200 million in grant funding for community and technical colleges offering training programs for maritime industry professions. The legislation H.

SwiftBulk Opts for Fuel Monitoring Solution on Kamsarmax Thestelia K

Shipping company SwiftBulk Holding Co. Ltd, a subsidiary of Tiptree Inc., has partnered with FUELTRAX to install EFMS (Electronic Fuel Monitoring System) and FUELTRAX Vision on its 2009-built Kamsarmax dry bulk carrier vessel the Thestelia K (82,000 dwt).

Maersk Acquires Customs Broker KGH

Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container shipping group seeks to expand its end-to-end logistics services.

Opinion: Shame on Port States for the Treatment of Seafarers

Port states benefit greatly from the vessels that call at their ports, loading and unloading cargoes with great efficiency and speed. The items manufactured in those states and sold overseas keep many of their citizens gainfully employed.

Rutten Named CEO of Alphatron Marine Systems Pte Ltd.

JRC/Alphatron Marine said that Maurice Rutten was appointed Chief Executive Officer and Ryo Yajima in the position of Chief Commercial Officer of Alphatron Marine Systems Pte Ltd. as of July 1, 2020.In this position Rutten will be responsible for the operation of Alphatron Marine Systems Pte Ltd.

Safety Product: Magnetic Fall Protection System

Rotterdam-based McNetiq launched a new line of magnetic anchors for fall protection when working at height.The first product in this series from McNetiq is the workplace safety device McNetiq Fall Restraint, intended for workplaces constructed of steel without edge protection.

Van Aalst Group Launches Nortek Services AS

To provide preventive and predictive maintenance services, combined with workshop services for clients operating worldwide in the offshore oil, gas, marine and renewables industry, the Dutch Van Aalst Group recently set up Nortek Services AS in Kristiansand, Norway.

NCB Calls for Container Stowage Reforms

The National Cargo Bureau is calling for reforms to stem the increasing number of container-related incidents caused by poorly stowed, undeclared or misdeclared dangerous cargoesThe National Cargo Bureau (NCB) – a U.

Baltic Index Posts 7th Straight Weekly Gain

The Baltic Exchange's main sea freight index rose to register a seventh straight weekly gain on Friday, as demand gained steam across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize,

Nautical Institute's New President Outlines Top Goals

The newly elected President of The Nautical Institute, Jillian Carson-Jackson has vowed to help the Institute and wider maritime community meet three important challenges – those of diversity and inclusion, branch engagement and managing the impact of technology.