News


$18m for Port of Beaumont Expansion

U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $18 million to Beaumont for the Port of Beaumont Multimodal Corridor Expansion and Improvement Project.

Inspection Gaming App for Seafarers

The latest offering Anglo-Eastern, from the Hong Kong-based ship manager, is an educational gaming app aimed at reducing shipboard deficiencies.Launched during Hong Kong Maritime Week, “Vessel Inspector”

MSC Appoints Toft as CEO of Cargo Business

Swiss headquartered container shipping group MSC has appointed Soren Toft as the new chief executive officer of its cargo business from rival company A.P. Moller Maersk, an MSC spokesman said on Monday.

New GM for Havyard Ship Technology

Lasse Stokkeland has decided to leave his position as general manager of Havyard Ship Technology AS (HST), and the Board has appointed Erlend Hatleberg as the new general manager.Hatleberg, 43, grew up in Leirvik in Sogn and now lives in Dale in Sunnfjord.

Protesters Block Iraq Port as Strike Escalates

Protesters blocked entry to Iraq's main commodities port again on Monday while schools and government offices in many southern cities were shut in response to calls for a general strike.At least 315 people have been killed since the start of mass unrest in Baghdad and southern Iraq in early October,

Russia Returns Ukraine Naval Ships before Summit

Russia on Monday handed back three naval ships it captured last year to Ukraine, something Kiev wanted to happen before a four-way peace summit on eastern Ukraine next month in Paris.The handover, confirmed by the two countries' foreign ministries,

Malaysia Bans Open-loop Ship Scrubbers

Malaysia has prohibited the use of open-loop scrubbers by ships plying Malaysian waters, as Southeast Asia's third-largest economy joins the growing number of nations adopting new industry guidelines on reducing sea pollution.

Prepare Now for 40,000 Offshore Wind Jobs

The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43,000 by 2050.

Koch Extend Charters for Two 2020 Bulkers

Norway-based shipowner 2020 Bulkers announced that the time charters of two of its vessels with the global commodity trader Koch Supply and TradingUnder the new deal, the dry bulk shipping company vessels

AG&P Invests in Kanfer Shipping, Eyes LNG

Global downstream gas and LNG logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Norway-based Kanfer Shipping.Kanfer is a developer of small-scale LNG sea transportation, maritime break-bulk solutions, floating storage facilities as well as LNG bunkering.

EBRD Backs Mersin Port's $600Mln Bond

The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance,

Savona's Cruise Terminal Renovated

Costa Cruises and the Western Ligurian Sea Port Authority have reopened the Calata delle Vele cruise ship quay and Palocrociere Terminal One in Italy’s port of Savona following an extensive renovation.