Yang Ming Establishes Indonesia Subsidiary

Taiwanese shipping company Yang Ming Marine Transport Corp. will form a new subsidiary with partners in Jakarta Indonesia named PT Yang Ming Shipping Indonesia Today (16th May 2019).PT Yang Ming Shipping Indonesia will have branch offices at Surabaya, Panjang, and Palembang.

NYK Participates in First LNG Bunkering Operation

Japanese shipping giant Nippon Yusen (NYK) together with Kyushu Electric Power Co. Inc., Saibu Gas Co. Ltd., and The Chugoku Electric Power Co. Inc., successfully conducted a truck-to-ship liquefied natural gas (LNG) bunkering demonstration at the port of Kitakyushu.According to press release…

Klaveness Combination Carriers to List in Oslo

Norway's Klaveness Combination Carriers (KCC) has raised 350 million Norwegian crowns in a private share placement, valuing the shipping firm at 2.27 billion crowns ($259.57 million) ahead of an Oslo stock market listing on May 22.Following the successful private placement…

Internet Use Widespread Among Seafarers

The internet access for seafarers for personal use on board ships more widespread and available than previously imagined and the positive benefits associated with this access outweigh the feared safety concerns around the technology, said a…

Sovcomflot Posts Strong Q1 Profit

Russian maritime shipping company specializing in petroleum and LNG shipping, PAO Sovcomflot (SCF Group) has posted $70.1m in profit for the first quarter ended 31 March 2019.Sergey Frank, President and CEO of PAO Sovcomflot said: “Sovcomflot started 2019 with a strong Q1 performance…

Svitzer Australia Welcomes New Tugs

Svitzer Australia has welcome two new vessels to its fleet in 2019, as two UZMAR-built RAstar 3200 series tugboats begin the journey from Turkey to their respective home ports.A delivery ceremony was hosted by UZMAR on 12 March 2019 for the two tugboats…

Maritime cargo stakeholders come together to oppose Oakland A’s waterfront stadium

A rare alliance in the ocean cargo industry – comprising shippers, terminals operators, dockside labor and port authorities – has taken form recently in response to problems posed by what will soon become the city’s sole remaining major professional sports franchise.

Jan De Nul Launches Low Emission Vessel

Jan De Nul Group launched its fourth Ultra-Low Emission vessel last week in Singapore. It concerns the 6,000 m³ Trailing Suction Hopper Dredger Sanderus built at the Keppel Offshore & Marine shipyard.This green vessel is the first of two identical…

One Dead, One Hurt in Los Angeles Port Accident

An industrial accident on Wednesday, May 15 at a Port of Los Angeles container terminal tragically took the life of an International Longshore and Warehouse Union (ILWU) worker and seriously injured a second worker. The incident occurred at approximately 7:25 a.m.

Cadmatic Acquires Eagle Technology

Cadmatic and Macrovision have agreed a major technology co-operation deal. Cadmatic has purchased specially commissioned software technology and development incorporating customized modules of Macrovision Eagle Software Framework. The deal will…