Partners in the world’s largest operational agreement between shipping companies have agreed to extend their alliance until 2027.The Ocean Alliance, consisting of CMA CGM Group, COSO SHIPPING, Evergreen and OOCL, was launched in 2017 for an initial period of five years with an option for a five-year renewal.
Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy.According to Rystad's Oilfield Service Research report, service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal.
Epoxyamine Coating Extends Tank Maintenance Intervals: A Sherwin-Williams Protective & Marine Coatings Case Study.A commercial fishing vessel that shows up at a seafood processing facility with its catch housed in rusty fish hold tanks is flirting with potential disaster. The processor may refuse the vessel’s entire haul if it sees rusty water or floating paint chips inside the holds.
Metal Shark announced it has secured a contract to build three 120’ x 35’ river towboats for Florida Marine Transporters, Inc. (FMT), signalling the U.S. shipbuilder’s entry into the towboat market.The four-decked, welded-steel, USCG Subchapter “M”-compliant towboats were designed by John W. Gilbert Associates, Inc.
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon, Iowa, on Friday sending 32 rail cars off the track and spilling an estimated 230,000 gallons of oil into flood waters and toward a nearby river.
U.K. shipbuilder Wight Shipyard Co has delivered its latest vessel to Scottish tourism operator Loch Ness by Jacobite. The new 20-meter day-cruise passenger catamaran Jacobite Maverick is joining the company’s fleet sailing between Dochgarroch, just outside Inverness, Clansman Harbour and the ruins of Urquhart Castle.
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018. ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha, Ltd ("K" Line), Mitsui O.S.K. Lines, Ltd (MOL) and Nippon Yusen Kabushiki Kaisha (NYK).
A new icebreaking liquefied natural gas (LNG) carrier jointly owned by Mitsui O.S.K. Lines, Ltd. (MOL) and China COSCO Shipping Corporation Limited (China COSCO Shipping) loaded its first cargo at the Yamal LNG plant in northern Russia. The 299m, 172,000m3 Vladimir Rusanov conducted it is first loading for Yamal LNG at Sabetta port on March 27 and 28.
Danish shipping group A.P. Moller-Maersk's is betting on winning new customers for its port division by becoming a one-stop shop that can transport goods from factory to retailers' shelves. The move comes as Maersk, the world's biggest container shipper, is entering uncharted territory following its sale last year of most of its energy businesses.
In a new report, marine and social scientists are urging a precautionary approach towards these techniques which involve deliberate large-scale manipulation of the environment.Adding iron or other nutrients into the oceans to enhance natural processes to draw carbon from the atmosphere and creating foams which float on the surface of the sea to reflect sunlight back into the atmosphere are among
SENER said that two container ships designed by the Chinese company CIMC ORIC – that are part of a series designed with SENER’s FORAN System – are in operation. BG Diamond and BG Jade that have been launched and are operating in the Pacific Ocean. The vessels were built in Chinese Changhong International Shipyard. The floating ceremony of the first one, BG Diamond, took place in July 2017.