New Posts
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Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Clio. The gross charter rate is US$8…
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India Natural Gas and LNG market is expected to grow from US$ 19.7 billion in 2015 to US$ 30.7 billion by 2025 at a CAGR of 5.06% between 2016 and 2025. According to a report by Research and Markets, natural gas including Regasified Liquefied…
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Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says. A move towards protectionism would represent a significant additional risk…
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The GMN maritime technology project, run by International Maritime Organization (IMO) and funded by the European Union, has issued a call for expressions of interest from individuals within specified organizations to become members of the GMN Project’s Global Stakeholder Committee (GSC).
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The Madrid Maersk, the largest container carrier ever to call at the port of Antwerp, moored in the Deurganck dock on 9 June. This record-breaking ship with a capacity of 20,568 TEU unloaded 3,000 containers and loaded another 4,000 in the port of Antwerp in just 48 hours…
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Four major international trade associations – BIMCO, INTERCARGO, International Chamber of Shipping (ICS) and INTERTANKO – have made a joint proposal to the IMO concerning ambitious CO2 reductions by the international shipping sector, which is…
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The newest Vane Brothers tugboat, the New York, was christened during a brief ceremony June 12 at St. The New York is the sixth of eight 4,200-horsepower, model-bow tugs contracted through St. Johns by Vane Brothers. Headquartered in Baltimore…
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U.S. shipbuilder Huntington Ingalls Industries (HII) said the structure of nuclear-powered aircraft carrier John F. Kennedy (CVN 79) is now 50 percent complete. The second Gerald R. Ford-class aircraft carrier CVN 79 grew about 70 feet in length with the addition of the lower stern…
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The push to rebuild the U.S. Navy received a boost today when U.S. Senator Roger Wicker, R-Miss., and Congressman Rob Wittman, R-Va., introduced bicameral, bipartisan legislation that would make it the policy of the United States to achieve the Navy’s requirement of 355 ships.
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Faststream Recruitment founder and CEO Mark Charman launched the group’s new global headquarters in Southampton alongside Guy Patten, CEO of the U.K. Chamber of Shipping, at an official unveiling event on June 21. Faststream was established in Southampton in 1999…
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Diversification is the key at Oregon-based North River Boats. Listening closely to the customer’s needs recently won the day on a multi-hull U.S. Navy contract, but that’s not all that’s happening in Oregon. Roseburg, Ore.-based North River Boats has…
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The tube bending machine manufacturer Schwarze-Robitec is expanding its branch office in the USA. The North American service and distribution team moves to Grand Rapids. Mich. In addition to its new premises, Schwarze-Robitec operates a spare parts warehouse for its high-quality bending machines.
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Marine electronics manufacturer Navico, parent company to the Lowrance, Simrad and B&G brands, announced it has finalized an agreement to acquire marine monitoring and control systems provider Naviop. Providing the integration framework to capture data from all boating systems…
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Export Development Canada (EDC) has announced the closing of a CAD$6.5 million (US$4.9 million) contract financing credit facility for Corvus Energy Inc., a Richmond, BC-based designer, developer and manufactureer of energy storage systems…
