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Yearly Archives: 2020

Torqeedo Hires Engelmann as Sales VP

Torqeedo announced it has appointed Jochen Engelmann as vice-president sales for Europe, the Middle East and Africa (EMEA), effective January 1.In this position, Engelmann will have responsibility for expanding sales and driving the company’s…
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A New Plan for Queen Mary

A new plan is being formulated to preserve and improve one of the world's most historic and well-known vessels.The record-setting superliner Queen Mary has been sitting permanently moored in Long beach, Calif. since its removal from transatlantic servi...
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PHP Ship Recycling Facility Gets ClassNK Stamp

ClassNK has issued a Statement of Compliance (SoC) to PHP Ship Breaking and Recycling Industries Limited (PHP), a ship recycling facility in Chattogram (Chittagong), Bangladesh, verifying that the facility is in line with the Hong Kong International…
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Baltic Index Rises on Higher Demand

The Baltic Exchange's main sea freight index that tracks rates for ships ferrying dry bulk commodities edged higher on Wednesday, helped by rising demand for panamax vessels.* The Baltic index, which tracks rates for capesize, panamax and supramax vess...
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China to Increase U.S. Soybean Imports

China will significantly increase imports of U.S. soybeans after the Phase 1 trade deal is signed, the Global Times reported on Wednesday, citing comments from a senior Chinese economist at a state think tank.Wang Liaowei, senior economist at…
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Flex LNG Tallies Contract Extension

Flex LNG on Wednesday said it secured an extension of the time-charter agreement for its 173,400-cubic-meter-capacity liquefied natural gas (LNG) carrier Flex Enterprise.The extension stretches the firm period of the time charter into first quarter 202...
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Corpus Christi Crude Exports Boom

U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas, thanks to faster-than-expected infrastructure additions.The infrastructure boom at Corpus Christi…
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Damen, Luerssen to Build German Warships

Germany has awarded Dutch shipyard Damen a contract to construct at least four new multi-role warships worth nearly 6 billion euros ($6.7 billion) in an alliance with its Bremen-based partner Luerssen, the armed forces and budget lawmakers said…
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