Harvey Gulf announced the successful completion of liquefied natural gas (LNG) trials for the Conrad-built 2,200 cubic meter bunkering barge, Clean Jacksonville, using Harvey Gulf’s LNG Bunkering Facility in Port Fourchon, La.The box shaped…
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Container Shipping Bankruptcy Lends Insight on Potential Fallout from Trade War
Global trade tensions have captured headlines in recent months, as the imposition of a series of tariffs and counter-tariffs by various global trade counterparts has raised questions about the possibility of a trade war. Such development could potentia...
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Higher Panamax Rates Prop Up Baltic Index
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Friday, as a rise in demand for panamax vessels more than offset a drop in capesize rates.* The overall index, which factors in ra...
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Green Shipping: Toward a Clean Future
The International Maritime Organization (IMO) has announced its targets of cutting greenhouse gas emissions from global shipping in half by the year 2050, and to make ships entirely CO2-neutral before 2100. But long before that, the so-called…
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Water Taxi Strikes Sailboat in Boston
A water taxi collided with a sailboat on a mooring ball Thursday afternoon near Long Wharf in Boston Harbor.Only one minor injury was reported, and the patient was treated and released at the scene.A U.S. Coast Guard Station Boston rescue crew along wi...
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Allweiler to Roll Out New Centrifugal Pumps
Allweiler GmbH, part of CIRCOR International, Inc., will exhibit its redesigned vertical centrifugal pump solutions for ship engine rooms at this year’s SMM fair in Hamburg.According to the manufacturer, a new innovative foot design reduces…
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Hapag-Lloyd Investing in East Africa
German shipping company Hapag-Lloyd is continuing to focus on the growing market in East Africa, where annual growth rates of approximately six percent lead the African continent.In April 2018 Hapag-Lloyd launched the East Africa Service (EAS), its fir...
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Kongsberg to Power Grimaldi’s Nine New RoRos
Kongsberg Maritime said it has been awarded contracts with Chinese shipbuilder Nanjing Jinling Shipyard Co. to deliver power and hybrid systems to nine Roll on – Roll off (Ro-Ro) vessels ordered by Grimaldi Group, Italy. The contracts are valued…
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Maersk to Spin off Drilling, Hand Total Shares to Investors
A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year, the latest move by the Danish shipping company to focus entirely on transport and logistics.Maersk, which cut its full-year profit ...
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Top U.S. Trade Official Sees NAFTA ‘breakthrough’ in Days
U.S. Trade Representative Robert Lighthizer on Thursday said he hopes there will be a breakthrough in NAFTA trade talks in the next few days, as the U.S continues discussions over the North American Free Trade Agreement.Lighthizer made the remarks at W...
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