News


HII Appoints Griebenow

Huntington Ingalls Industries (NYSE:HII) said that Bret Griebenow has been named vice president of business development for nuclear and environmental services within its Technical Solutions division.In this role,

NAVTOR, ScanReach Collaborate to Monitor Fleet Ops

NAVTOR and ScanReach signed an agreement that that is intended to supply shipowners with a connected, comprehensive and real-time view of vessel and fleet operations.The collaboration will connect an onboard wireless IoT platform to a secure channel for sharing data between ship and shore,

ClassNK Creates Cyber Security Team

ClassNK established a cross-sectional cyber security project team made up of ship and security experts of the society, as cyber security for ships is entering a practical stage, including the Maritime

Baltic Index Falls for Third Straight Day

The Baltic Exchange's main sea freight index fell on Monday for the third consecutive day, as lower demand for ships across segments eased rates.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 40 points, or 1.

UK Risks Losing Edge in Maritime Services

Britain's position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears.

DP World’s Topaz, P&O Merger Complete by Year-end

Port operator DP World's planned merger of its P&O Maritime and recently acquired Topaz Energy and Marine businesses is expected to be completed by the end of the year, Topaz CEO Rene Kofod-Olsen said on Monday.

MacGregor Develops Cargo System for MSC Boxship

Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year,

New Marina to “Breathe New Life” Into Swedish Harbor

AB Toftö, the owner of the old industrial harbor area of the town of Skärhamn located on the west coast of Sweden, has partnered with floating marina specialist company SF Marina build a high-quality, mixed-use marina at the picturesque location.

Cosmo Oil Builds IMO-compliant Fuel Stocks at Chiba Port

Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0.

Russian Railways, FESCO Digitalization for Cargo

Russian Railways (RZD) and FESCO Transportation Group are launching a service for electronic document flow for intermodal shipments of import freight through the Commercial Port of Vladivostok (VMTP, is part of FESCO Transportation Group),

Gazprom, Kogas for Tighter LNG Cooperation

Russian oil and gas company Gazprom Neft has announced that a working meeting has been held between Alexey Miller, Chairman of the Gazprom Management Committee, and Hee-Bong Chae, President and Chief Executive of KOGAS.

NYSE Begins to Delist Seadrill Partners

The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated.