News


Hapag-Lloyd Opens Center in Mauritius

German international shipping and container transportation company Hapag-Lloyd AG has opened a new Quality Service Center (QSC) in Mauritius. The QSC will explicitly serve Africa, one of Hapag-Lloyd's fastest growing markets.

BP, Premier Oil in $625M North Sea Deal

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field.

Greensea Opens Second Location

Greensea announced the opening of a second office in Plymouth, MA, an expansion fueled by autonomy and subsea navigation tech advances using its OPENSEA platform.Greensea Systems (Richmond, VT) new location,

Hanlon will Retire as COVE CEO

Jim Hanlon has announced his plans to retire as Chief Executive Officer of the Center for Ocean Ventures and Entrepreneurship (COVE) in 2020.“I’m really proud of what we have accomplished at COVE”, said Jim.

Chin Joins Hong Kong ACCI

Wallem Group Managing Director for Ship Agency Services, Dickson Chin, has joined Hong Kong’s Advisory Committee on Cruise Industry (ACCI).The ACCI advises the government of Hong Kong on measures aimed at developing as a leading cruise hub in the region.

USCG Responds to Puerto Rico Earthquake

The Coast Guard is responding to a 6.5 magnitude earthquake and seismic activity off the south and southwest coasts of Puerto Rico.All the ports in Puerto Rico and the U.S. Virgin Islands remain open until further notice.

Sempra LNG, Aramco Sign Deal

North American energy infrastructure company Sempra Energy and Saudi Aramco's Aramco Services Company, signed an Interim Project Participation Agreement for the Port Arthur LNG export project under development in Jefferson County, Texas.

P&O Ferrymasters Expands in Turkey

European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.

Fugro Loses Arbitration Case

Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.

Signal, Heidmar Join Forces on Tanker Fleet

Greek commercial ship management company Signal Maritime Services and tanker vessel trader Heidmar join forces to deliver commercial management to the global tanker market.Both companies have agreed a milestone partnership,

Port of Baltimore Gets $1.8 Mln EPA Grant

The Helen Delich Bentley Port of Baltimore has secured $1.8 million in grant funding from the U.S. Environmental Protection Agency (EPA) to replace older diesel-powered equipment with newer, cleaner versions.

ClassNK Amends Rules and Guidance

Japanese classification society ClassNK has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on December 27, 2019.Some of the requirements amended are as follows:In