U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $20 million to Jacksonville for the International Cargo Terminal Modernization Project. U.S. Secretary of Transportation Elaine L.
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Court Reviewing Bourbon Takeover Bids
Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…
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Baltic Index Snaps Losing Streak
The Baltic Exchange's main sea freight index on Friday rose for the first time in seven sessions, helped by an uptick in capesize rates.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
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InfraStrata Joins Forces with Navantia
InfraStrata, the parent company of Belfast shipyard Harland and Wolff, has entered into a memorandum of understanding (MoU) with Spanish shipbuilding company Navantia SA.Under the MoU, the companies plan to cooperate on offshore wind projects…
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Wilson Buys Two Bulkers
Wilson Ship Management, a short sea company working hand in hand with major players within the Norwegian and European industry, has signed an agreement to purchase the two bulk carriers MV Lauren C (2007) and MV Nicole C (2008), both of 5,000…
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FESCO Adds New Container Ship
FESCO Transportation Group, the largest intermodal transport operator in Russia, announced that a new container ship of ice class ESCO Moneron has recently joined the fleet.The national flag of the Russian Federation was raised on the ship…
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Chart Joins SEA\LNG
The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome ano...
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1st Ship-to-Ship Bunkering at Belgium Port
The first ship-to-ship liquefied natural gas (LNG) bunkering in the port of Ghent took place in a joint effort between the North Sea Port and Titan LNG, the LNG solutions provider for the shipping and marine industries.Titan LNG delivered around 150 to...
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US Signs Highest LNG Export Contract
US signed highest volume of global long-term liquefied natural gas (LNG) export contracts in 2019, accounting for around a 67% of global share. Abundant shale gas production in the US has enabled the country to export natural gas as LNG. to global mar...
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Louis Dreyfus Joins SRTI
The international agri-based shipping company Louis Dreyfus Company (LDC) has joined the Ship Recycling Transparency Initiative (SRTI), a cross-sectoral coalition calling for increased transparency around ship recycling practices.The Netherlands…
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