Shipbroker Simpson Spence Young (SSY) on Tuesday announced it has opened a new office in Athens, Greece.The new office, which is based in Glyfada, is being managed by SSY Dry Cargo broker Nicholas Vamvakaris and currently includes teams from the dry ca...
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German Court to Rule in Row Over Funding for Shipbuilder MV Werften
A German court will rule next week in a case brought by Genting Group against a German regional government after a row over funding for cruise shipbuilder MV Werften, which filed for insolvency on Monday.Genting, led by Malaysian tycoon Tan Sri Lim Kok...
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Canadian Coast Guard Begins Great Lakes Icebreaking
The Canadian Coast Guard's (CCG) annual icebreaking season on the Great Lakes, which provides assistance to the shipping industry, is underway. Working in partnership with the U.S. Coast Guard (USCG) District 9, the CCG has two icebreakers assigned…
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Urals Oil Exports from Russia’s Baltic Ports Revised Upward
Russia's Urals oil export loading plan from Baltic ports in January has been revised upwards by 0.1 million tonnes to 6.2 million tonnes, traders said on Tuesday.Oil giant Rosneft added an additional cargo for loading from Primorsk Jan. 24-25, traders ...
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Maersk Expects Cargo Delays to Persist
Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move goods around the world as the easing of congestion is taking longer than the Danish company had hoped for.The pandemic has prompted…
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Bay Shipbuilding Begins Building US’ Largest LNG Bunker Barge
Fincantieri Bay Shipbuilding announced it has started construction on the largest liquefied natural gas (LNG) bunkering barge ever built in the U.S.The newbuild, expected to be completed in late 2023, is being built for Crowley, the largest independent...
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Nakilat Taps ABS to Develop Decarbonization Plan
Qatari shipping company Nakilat, one of the world’s largest liquefied natural gas (LNG) shipping operators, said it has partnered with U.S.-based classification society ABS to develop its decarbonization strategy.Over the past months, Nakilat’s…
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Uz Tapped as MD for Schottel Turkey
Effective January 1, 2022, Seçkin Uz has been appointed Managing Director for Schottel Turkey.Uz has extensive experience and expertise in the area of ship propulsion. After earning a degree in Naval Architecture and Ocean Engineering, he began…
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ABS Grants AIP for Ammonia Bunkering Vessel Design
Japanese shipping company Mitsui O.S.K. Lines, Ltd. on Tuesday announced that the company, along with ITOCHU Corporation has obtained approval in principle (AIP) from the American Bureau of Shipping (ABS) for an ammonia bunkering vessel concept.The…
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Finnlines Announces Management Changes
Finnish passenger and ro-ro shipping company Finnlines announced on Tuesday that Merja Kallio-Mannila and Torkel Saarnio have been appointed as member of the group’s board of management.Kallio-Mannila has been appointed as member of the Finnlines Group...
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