[ad_1] Tropic Oil Company, Inc., a market leading fuel and lubricant business with operations in Florida, announced today that it has entered into an acquisition agreement with Parkland through its U.S. based subsidiary ("Parkland USA”). Parkland is one of North America and the Caribbean’s fastest...
[ad_1] Karatzas Marine Advisors & Co., a New York-based shipping finance and ship-brokerage firm, is pleased to announce the successful completion by Mr. Basil M Karatzas, CEO of the firm, of the Liquidation Trustee mandate - as this was originally ordered by the High Court...
[ad_1] GTT has received several orders concerning the tank design of eight new LNG carriers. Seven of the LNGCs will be built by Samsung Heavy Industries (SHI) on behalf of three ship-owners based in America, Oceania and Bermuda. GTT’s Mark III Flex technology has been selected to equip...
[ad_1] U.S. Coast Guard Air Station Clearwater has deployed four MH-60 Jayhawk helicopter crews to the Bahamas to support search and rescue operations in the aftermath of Hurricane Dorian, and the unit has provided some of the first photos available of the damage in the Abaco...
[ad_1] Two workers at a Chittagong shipbreaking yard were killed on Saturday evening. The incident occurred at the Ziri Subedar shipbreaking yard in the Sitakunda shipbreaking district. The victims, identified by local media as Tushar Chakma and Aminul Islam, were killed immediately when they fell from height,...
[ad_1] The Port of Rotterdam Authority has reached an agreement with Sif Holding n.v. regarding the lease of a 20 hectares of port site and a 200-meter stretch of deep-sea quay at Maasvlakte. Sif’s new lot lies adjacent to its existing port site, where the...
[ad_1] While container ships have increased in size to reduce transportation cost per container, ports have become congested increasing the amount of time required to transfer containers between larger and smaller ships, also between large ships and overland transportation. In the future, even larger container...
[ad_1] Shipbuilding giant China State Shipbuilding Company (CSSC) is planning to integrate a novel technology into a future generation of LNG carriers. CSSC's Hudong-Zhonghua Shipbuilding yard has signed an MOU with air lubrication system manufacturer Silverstream Technologies to use Silverstream's systems aboard a new LNG...
[ad_1] After multiple reports of hacking attempts against ships and port operators, maritime stakeholders are gaining more awareness of their potential vulnerabilities in the event of a cyberattack. At a conference in Singapore Thursday, Itai Sela, the CEO of maritime cybersecurity company Naval Dome, asserted...
[ad_1] India claims to have become the first nation in the world to include biometric facial recognition technology in its seafarer identification documents. The new Biometric Seafarer Identity Document will replace the existing Continuous Discharge Certificate, and the inbuilt chip will be able to be read...
