Qatar Petroleum entered into three agreements for LNG ship construction with the Republic of Korea which when fully executed would result in the construction of more than 100 LNG carriers valued at nearly $20 billion. Qatar believes that it has secured approximately 60 percent of the global LNG shipbuilding capacity for the next seven years, […]
[Brief] CSSC is partnering with Guangdong Province and China National Offshore Oil Corporation (CNOOC) on a massive LNG conversion project for 1,500 inland waterway vessels. The project will start with a demonstration project on the Pearl River, with a plan to expand it to 1,500 vessels – about a quarter of the river’s fleet – […]
The French Defence Procurement Agency -DGA- notified PIRIOU on April 30th and awarded the contract to supply a series of twenty 30 tonnes tugs including 15 harbour tugs -RP30- and 5 harbour and coastal tugs -RPC30- involving a firm order for four units and several optional orders including the related maintenance services. CHANTIERS PIRIOU -holder […]
The master of the APL England appeared in court in Australia to face charges related to the loss of containers from the ship during an incident on May 24 southeast of Sydney, Australia. At the same time, the ship’s operators also issued statements acknowledging the accident while defending the actions of its crew. Two charges […]
SAVANNAH, Ga: The deepening of the Savannah harbor has set a new precedent with four dredges working simultaneously, the Army Corps of Engineers announced. The Savannah Harbor Expansion Project (SHEP) includes two dredges keeping the channel at its current authorized depth of 42 feet followed by two dredges taking the channel to its new depth of […]
On March 11, the World Health Organisation declared the new coronavirus outbreak as a pandemic. Since then, the virus, officially named COVID-19, has spread rapidly around the world reaching more than 180 countries. The pandemic has sent billions of people into lockdown and is affecting everyone both professionally and personally. As a global family, Cargo […]
From July 1, members of the Cargo Connections network will be able to use the ‘Virtual 1-2-1 Booking System’ which will officially go live. The system will allow users to view a schedule, make periods of time unavailable, book or cancel meetings, make notes and message each other. The network says: “We are aware that […]
Qatar Airways has announced a two-year partnership with UNHCR, the UN Refugee Agency to deliver on its purpose of providing humanitarian relief and assistance to the displaced globally. The partnership, which is a first between both organisations, will involve a strategic collaboration whereby Qatar Airways will support with the delivery of crucial aid supplies to […]
London-based Beacon, the next generation freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC. Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both […]
UPS today announced the company will commemorate World Environment Day on June 5 by matching the carbon offsets of all parcels shipped via its carbon neutral program during the month of June. UPS carbon neutral counterbalances the estimated carbon impact of each shipment by purchasing certified carbon offsets. “There is truly no better way to honour […]
The combination of environmental exhaust emissions regulations and fuel prices have prompted introduction of wind assisted vessel propulsion involving sails, kite sails, bladed horizontal-axis turbines and vertical-axis Magnus rotors. Modern commercial vessels incur many times the weight of earlier generation wind-driven ships and require many times the propulsive power. Future maritime wind propulsion technologies could […]
Given the ongoing uncertainty about restrictions on cruising in North America, the Hornblower subsidiary Victory Cruise Lines (VCL) has announced that it will cancel all planned itineraries for the remainder of the 2020 season. VLC, one of the leading cruise operators on the Great Lakes, cited Canada’s extended ban on cruising in its decision. Under […]
