Trade infrastructure development to diversify Panama’s economy and DP World’s international experience in over 40 countries were at the centre of discussions held in Dubai yesterday between the global trade enabler’s Group Chairman and CEO Sultan…...
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West Phoenix to Drill in UK and Norway
Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the U.K. and Norwegian continental shelves from the summer of 2018. The contract is awarded to the two Seadrill companies North Atlantic Drilling UK Ltd. and Nort...
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First Carrousel Rave Tug Delivered to Novatug
Multratug 32, the first new CARROUSEL RAVE TUG (CRT) was delivered to its owner, Novatug B.V. of the Netherlands in February 2018. Multraship B.V. of the Netherlands will be the operator of the new CRT. Multraship and Novatug both belong to the Muller ...
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SeaSafe Marine Wins Höegh Contract
SeaSafe Marine has signed a sole service supplier agreement with Höegh-Wallem Ship Management Inc. to provide services and spares for the lifeboat systems on their fleet’s 38 vessels. "The tender process for this appointment was very competitive…
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Genco Shipping & Trading Announces Fleet Renewal Program
International seaborne drybulk transportation services Genco Shipping & Trading plans to undergo a fleet optimization and renewal plan aimed at modernizing its fleet. As part of this plan, the Company has decided to dispose a total of 15 vessels…
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CMA CGM Expands Latin America Services
The CMA CGM Group, a world leader in maritime transport, announced it is reinforcing its offer, starting 4 April 2018, between Asia, Mexico and the west coast of South America in a partnership with COSCO and Evergreen. With 3 weekly and complementary…
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MOL Unveils Restructuring
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part of an organizational restructuring, effective April 1, 2018. MOL said it will establish a liner business management division to “fulfil its management…
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