UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth.
German logistics and transportation company HHLA Container Terminal Altenwerder (CTA) has welcomed 16 battery-powered Automated Guided Vehicle (AGV) in 2020. With the delivery of the latest vehicle, the number of environmentally friendly vehicles now totals over 60 units. This means that two-thirds
Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.
The Port of Ashdod has entered into an agreement to purchase five new advanced ship to shore container (STS) cranes for a total cost of ILS 240 million (approximately $ 74 million). The announcement comes after extensive negotiations with China’s Shanghai Zhenhua Heavy Industries Co (ZPMC). The Ashd
Taiwanese container shipping company Evergreen Marine has launched negotiations with an unnamed counterparty to sell and leaseback two 24,000 TEU containerships. As disclosed, the deal would be carried out through Evergreen’s subsidiary Greencompass Marine S.A. (GMS). “We will make further disclosur
Towering new cranes are coming to the Port of Oakland to handle the massive ships calling the seaport. These new cranes will be the tallest ever at Oakland, and rank among the largest in the U.S. Stevedoring Services of America (SSA) is investing in the three giant cranes for its Oakland Internation
U-Ming Marine Transport (Singapore), a fully-owned subsidiary of U-Ming Marine Transport Corporation, has held a christening ceremony at Qingdao Beihai Shipyard for M.V. Grand Wisdom, its second 325,000 dwt Very Large Ore Carrier (VLOC). The vessel is equipped with an advanced MAN B&W main engine, a
The recently approved amendments to MARPOL Annex VI to introduce requirements to the operational efficiency of ships, the Carbon Intensity Indicators, promise to introduce a completely new compliance regime in the sector. The introduction of carbon intensity targets to existing ships will be calcula
The black swan year of 2020 has brought many challenges for the shipping industry, including the ongoing crew change crisis, but it has also shown how the sector can be resilient in the face of adversity and pressure. Gavin Allwright, Secretary-General of the International Windship Association (IWSA
Ocean Network Express (ONE) has signed a Letter of Intent (LoI) with Shoei Kisen Kaisha, the shipowning arm of Japanese yard Imabari Shipbuilding, for the 15-year long-term charter of six new 24,000 + TEU Ultra Large Container Ships (ULCS). The new buildings are planned to be built by the consortium
Russian Maritime Register of Shipping (RS) has awarded Approval in Principle (AIP) to the autonomous and remotely controlled navigation technology of a Russian company JSC Kronshtadt Technologies (the a-Nav set of technical solutions). The technology has been approved for the implementation on board
Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations
Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
The World Maritime University (WMU) is partnering with industry majors on the EU funded Horizon 2020 (H2020) research project on decarbonizing shipping. The CHEK project aims to demonstrate a combination of innovative ship design and technologies operating in symbiosis on real vessel concept designs
