[ad_1] Ever since Russian President Vladimir Putin decreed last year that shipping traffic through the Arctic’s Northern Sea Route must increase to a soaring 80 million tons annually within a mere five years, the emperor’s wish has been treated as a reality. The May presidential decree...
[ad_1] Following a competitive tender, Kuwait Oil Tanker Company (KOTC) has moved its navigational requirements contract to ChartCo, the global leader of digital marine compliance and navigation. Under the terms of the contract, ChartCo will supply back-of-bridge management software and navigational, regulatory and compliance data...
[ad_1] Our engineers have finalized installation and commissioning surveys of over 100 ballast water management systems, mainly during newbuilding in Korea and China, but also for an increasingly amount of ships after the initial installation is completed and the ship has sailed for a while,...
[ad_1] CMA CGM is supporting the financial and industrial development of Agricool, a young company specializing in urban agriculture, in order to enable it to launch its industrialization phase. Founded in 2015 in Paris, Agricool aims to create urban farms in recycled containers. With its agricultural...
[ad_1] A new mobile harbor crane for Port Canaveral arrived today at the Port’s North Cargo Berth 5. The mammoth crane arrived early Friday morning aboard the heavy load carrier, Happy Dover. The 270-foot tall Liebherr LHM 600 – the largest mobile harbor crane in the United States –...
[ad_1] Russia's President Vladimir Putin inaugurated a LNG import terminal in Kaliningrad on the Baltic Sea earlier this week. The facility is an offshore gas receiving terminal hosting the floating storage and regasification unit (FSRU) Marshal Vasilevskiy. The new facilities will enable up to 3.7...
[ad_1] The U.S. Energy Information Administration (EIA) has predicted that the effects of the sulfur cap on crude oil and petroleum product markets will be most acute in 2020 and will diminish over time. Set to go into effect January 1, 2020, the new IMO regulations...
[ad_1] According to new research published in the Proceedings of the National Academy of Sciences, Antarctica is losing ice mass six times faster than it did in the 1980s. Researchers from the University of California at Irvine, NASA’s Jet Propulsion Laboratory and Utrecht University also...
[ad_1] Two more ocean-going tugs have been dispatched to meet the containership Yantian Express at a position about 900 nm southeast of Halifax. The Express has been drifting or moving ahead at a slow bell in the North Atlantic since January 3, when a cargo...
[ad_1] A decade ago, we all knew of at least one shipping company that felt safe receiving its debt financing from a single source (a behavior that was, unfortunately, encouraged by some bankers), and eventually experienced immense pain when some key-lenders abruptly withdrew from ship...
