The German shipping line Hapag Lloyd said on Sunday it had evacuated the crew from its container ship, the Yantian Express, off Canada's east coast after a fire spread."Due to bad weather conditions, the fire has not been successfully contained yet and has significantly increased in intensity at times," the firm said in a statement on Sunday.
NETSCo announced the winners of the 2018 Society of Naval Architects and Marine Engineers (SNAME) Student Design Competition held recently during the 2018 SNAME Maritime Convention in Providence, RI. Many interesting designs were devised with over 150 students participating in the competition.
Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command (USINDOPACOM), became the Navy’s newest “Old Salt” during an award presentation Oct. 22 at the Pentagon.The “Old Salt” award is given to the active duty officer who has held the Surface Warfare Officer (SWO) qualification for the longest amount of time."It is a tremendous honor to receive this award.
One of the U.S. Navy’s newest Freedom variant littoral combat ships (LCS) completed its final significant milestone before its scheduled summer delivery with the conclusion of acceptance trials at the end of May.On May 25, the future USS Sioux City (LCS 11) wrapped up a series of graded in-port and underway demonstrations on the Great Lakes for the Navy's Board of Inspection and Survey.
St. Louis Regional Freightway, Port of Plaquemines and St. Louis Regional Ports Sign Agreement to Foster Economic Growth on the Mississippi River. The pact will help support development of a new transportation link for cargo to move along the Mississippi River. The St. Louis Regional Freightway
RWE, which will become the world's No.2 offshore wind player following a deal to break up its Innogy unit, could spend about 2.5 billion euros ($2.8 billion) a year to expand its renewables business, its chief executive said."We can fund about 1.5 billion euros from our own funds, we could assume some debt which would bring it to about 2.
The liquefied natural gas (LNG) advocacy group SEA\LNG has announced the appointment of Paul Taylor representing Société Générale and Capt M. Segar representing MPA (The Maritime and Port Authority) of Singapore as Directors of SEA\LNG Ltd.Following elections last December, Tahir Faruqui and Xavier Pfeuty also join the SEA\LNG Board as new directors representing Shell and Total Marine Fuels
Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction of a second weekly service from Gdynia, Poland.Containerships has chosen the Kent based port for its second direct service to and from the southern part of the UK.
The London-based marine insurers the Strike Club and the Standard Club have announced plans for the Strike Club to join the Standard Club group.According to a press statement Strike Club will continue as a member-controlled dedicated mutual delay insurer, operating as class of Standard Club and supervised by existing board.
German shipping company Hapag-Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operational costs from fuel costs, charter rates and a slow recovery in freight rates."We have implemented additional measures to recover these costs: we are critically reviewing the economic viability of our ship systems and are further optimising our terminal contracts
Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. Taylor said two years ago he was battling cancer although he continued to travel the world
ESVAGT UK has appointed Ian Taylor as iUK Regional Director.Taylor brings many years of shipping experience and a considerable amount of ESVAGT knowledge to ESVAGT’s UK office at Dock Gate House in the heart of Aberdeen’s harbor area. As a Chartered Shipbroker, he has been handling contracts with ESVAGT for North Sea Charterers for the past decade.