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Monthly Archives: March 2019

Marshall Joins Ecochlor

Ecochlor announced Andrew Marshall as its new Vice President of Business Development, to oversee the sales, marketing and communications team, manage major client accounts, and develop strategies to increase revenue growth and profitability.“Marshall…
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Quieter Shipping: Noise Exploration Program

Port of Rotterdam Authority said that NEPTUNES - a new quality mark - aims to offer ports the opportunity to reward quieter shipping.NEPTUNES is a project organisation of eleven ports established two years ago by the Port of Rotterdam Authority to redu...
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MOL, Karpower Team-up for LNG-to-Powership Biz

Japanese shipping company Mitsui O.S.K. Lines (MOL) and Turkey’s floating power plant company Karpower International B.V. (Karpowership) have agreed to collaborate in the LNG-to-Powership business.Under the brand name “KARMOL”, both firms aim…
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Fairfax Invests in Seven Islands Shipping

Toronto-based investment holding company Fairfax India Holdings Corporation has invested approximately $72.1mln in Seven Islands Shipping Limited, a Mumbai-based liquid seaborne logistics company that has been operating ocean going tankers.The…
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Port of Corpus Christi Readies VLCC Terminal

The fourth-largest port in the United States in total tonnage, Port of Corpus Christi has leased land where it hopes to build the nation's first export terminal to load very large crude carriers (VLCC).The Port of Corpus Christi Commission approved…
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GA Drilling Gets Fund, Signs Pact with MOL

High-tech deep-drilling company GA Drilling signed a EUR 4.2 million funding agreement with Lead Ventures and a service agreement with MOL Group.Lead Ventures, a Budapest based venture capital firm invested funds provided by MOL Group, and Hungarian…
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Maersk Aborts Sale of Maersk Supply Service

The world's largest container shipping company A.P. Møller – Mærsk A/S announced that its Board of Directors has decided to retain full ownership of Maersk Supply Service.The offshore support vessel industry, which Maersk Supply Service operates within...
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Hapag-Lloyd Seals ‘Dublin Express’ Leak

Fuel leak from the Hapag-Lloyd container ship “Dublin Express” berthed at Global Marine New York Container Terminal in Staten Island, in the Arthur Kill waterway near the Goethals Bridge,  was detected in the afternoon March 28.Fuel was escaping from t...
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Port of New Orleans to buy New Gantry Cranes

New Cranes Allow Port NOLA to Accommodate Larger Ships and Meet Growing Needs. The Board of Commissioners of the Port of New Orleans (Port NOLA) have voted to approve the purchase of two new 100-foot gauge container gantry cranes to be used at the Napo...
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Companies Sue Valero for Bad Marine Fuel

Two companies filled lawsuits this week in federal courts in Texas alleging that ships they operated in 2018 were damaged by contaminated bunker fuel sold by a Valero Energy Co subsidiary Valero Marketing and Supply Co, according to court documents.A…
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