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New ‘Black Sea to the Baltic’ Trade Route Deal

Poland’s biggest port, the Port of Gdansk, has signed a letter of intent with the Ukrainian Sea Ports Authority to open up a new alternative transport corridor between the Black Sea and the Baltic. Details of the agreement are being formally unveiled after an MoU was set up during an official visit to Ukraine by […]

Managing Warming Waters on the Great Lakes and St. Lawrence Seaway

The binational governing body that oversees the Great Lakes and St. Lawrence Seaway, the International Joint Commission (IJC) recently hosted presentations to address issues related to warming water. Two issues have recently emerged and both are believed to be the result of climate change, with water temperature rising faster in Lake Superior than in any […]

Philly Shipyard Cuts Steel for First New MARAD Training Ship

Philly Shipyard has cut the first steel for the first National Security Multi-Mission Vessel (NSMV), a new class of training ship for America’s state merchant marine academies.  The project marks a turnaround for Aker-owned Philly Shipyard. After an order for four boxships for TOTE Maritime fell through in 2018, the yard’s backlog wound down, prompting hundreds […]

GTT Receives Samsung Heavy Industries Order for LNG Tank Design

GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new 174,000 m3 LNGC1 on behalf of a ship-owner whose name remains confidential at this stage. GTT will design the tank, which will be fitted with the Mark III Flex membrane containment system. The delivery of […]

Wärtsilä Hybrid Upgrades Give Østensjø Rederi Vessels Green Upgrade

The Wärtsilä Hybrid Upgrade solution, has been selected for retrofitting two offshore construction vessels owned by Norwegian operator Østensjø Rederi. The upgrading project will allow less use of the ships’ engines with correspondingly lower levels of exhaust emissions while operating in dynamic positioning (DP) mode, and will also lower emission levels in all other operational modes. The […]

AET (Asia) Ltd & Zentech Inc Form Strategic Alliance

AET (Asia) Limited and Zentech Incorporated announce a strategic alliance to begin in 2021. This new alliance sees renewed vigor for success in the Oil and Gas Industry facilitating the new development of clients and projects and creating synergy between both companies. AET and Zentech are worldwide powerhouses that have had decades of success in […]

Japan Sets Ambitious Targets for Offshore Wind

Japan is jumping in on the global offshore wind explosion with a plan to build 30 to 45 gigawatts of capacity by the year 2040 – more than the world’s entire current installed base. The plan starts with a stepwise target of 10 gigawatts by 2030, and its objective is to achieve cost reductions for […]

Influencing Shipping Industry’s Climate Performance by Scoring Lenders

In a first-of-its-kind climate report, 15 of the major lenders financing the shipping industry disclosed the climate alignment score of their ship finance portfolios. Released in The Poseidon Principles Annual Disclosure Report 2020, the climate assessment offers banks insight into their lending decisions, compares performance with competing financial institutions, and is designed to encourage lenders […]

Master Marine Delivers Grain Express To Plimsoll Marine

Master Marine, Inc. (MMI) has delivered the 67’ x 28’ M/V Grain Express to Plimsoll Marine. The Grain Express is the second of four vessels that MMI is scheduled to deliver to Plimsoll Marine, one of the Lower Mississippi River’s premier push boat operators. These four state-of-the-art vessels are designed by Entech Designs, LLC. and […]

Video: Replacing Damaged Motor on US Coast Guard Cutter Healy

After suffering a crippling fire last summer in one of its main motors while deployed in Alaska, the U.S. Coast Guard cutter Healy, one of only two ocean-going icebreakers currently in the U.S. Government fleet, underwent one of the more unique overhauls. Over the course of two months, the vessel was drydocked and had the […]

SC Ports’ Leatherman Terminal Welcomes 15 Hybrid Cranes

South Carolina Ports welcomed today 15 hybrid rubber-tired gantry cranes to the Hugh K. Leatherman Terminal. The arrival of this new cargo-handling equipment is significant as SC Ports prepares to welcome the first cargo ship to the Leatherman Terminal in March. “It is always an exciting day when new cranes come through Charleston Harbor,” SC […]

PayCargo grows senior management team

Online freight payment platform PayCargo has appointed two new vice presidents to its senior management team, Marta E Ramirez, and Ken Nieze. Ramirez is the new Global VP, Human Resources, based at PayCargo’s Florida headquarters, with Ken Nieze appointed VP of Sales, West Coast, based in Seattle, Washington. Ramirez brings over 25 years of experience […]

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