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Monthly Archives: March 2019

Cheniere’s First LNG Train Almost Complete

Cheniere Energy and Bechtel Oil, Gas and Chemicals said that they have achieved substantial completion of Train 1 of the Corpus Christi LNG Project.Commissioning is wrapped up and Bechtel has turned over care, custody, and control of Train 1…
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HII Names Carlos Aguayo as GM

American Fortune 500 shipbuilding company Huntington Ingalls Industries (HII) announced that Carlos Aguayo has been named general manager of the HII San Diego Shipyard.He will replace Daniel Flood, who is retiring after 40 years in the ship repair and ...
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Frieght Cost Set to Rise Due to IMO 2020

With less than ten months before the IMO 2020 regulation on sulfur oxide emission goes into effect Jan 1, carriers and shippers alike are facing an 'uncomfortable uncertainty' over its potential effects on costs and freight rates as they enter…
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Pyxis Joins Bay Area Ferries

The San Francisco Bay Area Water Emergency Transportation Authority (WETA) has welcomed Pyxis, a new 445-passenger ferry, into the San Francisco Bay Ferry fleet.Pyxis is the first new vessel added to Vallejo ferry service in some 15 years, said…
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Cavotec Wins Automated Mooring Order

Marine engineering specialists Cavotec has announced it has has signed an agreement with a port operator to equip two berths at a terminal with MoorMaster automated mooring systems.The Switzerland-based global engineering group said in a press note tha...
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DFDS CEO Steps Down

Danish international shipping and logistics company DFDS said that Niels Smedegaard, longtime CEO, will step down by the end of April. Current CFO Torben Carlsen will take over as new CEO.In close partnership with Niels Smedegaard, Torben Carlsen has b...
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Phillipines to Propel Shipbuilding

The Philippines maritime regulator Maritime Industry Authority (Marina) said it wants to attract private organizations to continue engaging in shipbuilding and repair by developing a scheme of tax incentives.Marina also said that the incentives…
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CMA CGM Begins $1.2bn Cost-Cutting Program

The French container transportation and shipping company CMA CGM has announced the implementation of a global plan for 2019 to improve its operational performance with a cost savings objective of USD 1.2 billion through the optimization of lines and br...
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Asia: Pertamina, Petronas Join Forces

Indonesian state-owned energy company PT Pertamina and Petroliam Nasional Berhad (Petronas) of Malaysia have signed a Memorandum of Understanding (MoU) to develop oil and gas business – upstream and downstream, not only in Indonesia or Malaysia but als...
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Danaos Partners with iMarine Software

The international owner of containerships Danaos Corporation  has partnered with iMarine Software, fully integrating the maritime e-procurement solution 'SeaProc eProcurement' platform into their system.Danaos Web Enterprise Suite is a web-enabled…
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