News


Belships to Merge with Lighthouse Group

Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries of Kontrari (the Lighthouse Companies) and one or more subsidiaries of Belships with consideration in Belships shares.

Wärtsilä to Supply Marine Simulators in Southampton

Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England.

America’s First Modern Riverboat to Sail from New Orleans

The first contemporary riverboat in the U.S. is set to depart from the Port of New Orleans on October 6 for its inaugural cruise on the Mississippi River.The new vessel, American Song, is the flagship in a series of contemporary riverboats by operator American Cruise Lines.

Damen Takes Second in Maritime & Aviation Sector in MT500 Rankings

Damen Shipyards Group has achieved second place in the maritime & aviation sector in this year’s MT500 rankings of the top 500 companies and institutions in the Netherlands. It also came twentieth out of 500 in the overall ranking, its best ever result.

Drewry Downgrades Forecast for Container Demand

A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand over the next five years, according to the global shipping consultancy’s latest edition of the Container Forecaster.

Decarbonization: 34 Maritime CEOs Call for Action

A who’s who list of maritime industry executives have signed on to voice their support for a zero-carbon future in shipping.The not-for-profit foundation the Global Maritime Forum brought together a group

Asia Maritime Pacific Merges with Fenwick Shipping Services

Asia Maritime Pacific and Fenwick Shipping Services announced Thursday that the two companies have merged their operations.Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry bulk vessels operating worldwide.

Avondale Yard to Be Repurposed as a Multimodal Hub

The former Avondale Shipyard facility in Louisiana will be redeveloped into a logistics and intermodal hub under a joint venture group that took ownership of the shuttered shipyard today.The Avondale site,

Bahri Highlights Growing US Presence

Highlighting its growing presence in the U.S., global logistics and transportation company Bahri, represented by its Bahri Logistics business unit, participated at Breakbulk Americas 2018 exhibition for the project cargo and breakbulk industry, held October 2-4 in Houston.

Milestone LNG Bunkering for Shell and Sovcomflot in Rotterdam

Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel.

Singapore Looks to Tighten Controls in its Bunkers Supply Chain

Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokeswoman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry.

PIL, IBM to Implement Electronic Bill of Lading

Singapore’s containership operator Pacific International Lines (PIL) collaborates with IBM Singapore in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management.