News
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Egypt : Valeo’s acquisition of Paynas
Dr. Rania Al-Mashat,Egyptian Minister of International Cooperation, witnessed the acquisition of a 100% stake by Value Buy Now Pay Later (BNPL) from PayNas, which specializes in employee management services, which provides a range of financial services for small, medium and micro companies. (MSME), and PayNas is among the list of…
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Croatian bulk carrier damaged in collision, Port Arthur, USA
Bulk carrier AP REVELIN collided with unidentified cargo ship in Port Arthur waters, USA, Gulf of Mexico, understood on Aug 21, while leaving the port, bound for Immingham. Croatian news outlet SeeNews said bulk carrier suffered serious damages, citing Atlantska Plovidba statement issued on Aug 22. AP REVELIN left port…
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Dutch LPG tanker blackout in Kiel Canal Lock
LPG tanker CORAL IVORY reportedly suffered a blackout on Aug 20 while entering Brunsbuettel Lock, Kiel Canal, and had to drop anchor to avoid collision with dock’s walls and constructions. Tanker didn’t suffer damages and was allowed to resume Canal transit on Aug 21, after tanker was berthed and checked…
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August 22nd – Panama Canal waiting time for non booked vessels (Days)
Following graphic shows behaviour of Non-Booked vessels’ Waiting times in days per Lock per type of vessel. If in need of further discussion or any assistance, please Contact us at: [email protected] How can we help with your Panama Canal Transit? Booking system – secure booking slots via 1st period, 2nd period, and 3rd period booking…
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ABS Appoints Industry Veteran Miguel Hernandez to Lead Global Offshore
(HOUSTON) ABS has appointed veteran offshore industry leader Miguel Hernandez to head its offshore division. The former MODEC general manager of sales and marketing is now ABS Senior Vice President of Offshore Business Development, leading global offshore including the FPSO, FPU and floating offshore wind sectors. Miguel brings deep sector…
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PORT OF LOS ANGELES BREAKS ANOTHER CARGO RECORD IN JULY
New Milestones Reached Five of Seven Months; Trucking Challenges Outlined by Harbor Trucking Association CEO The Port of Los Angeles processed an estimated 935,345 Twenty-Foot Equivalent Units (TEUs) in July, outpacing the previous record set in 2019 by 2.5%. The Port has set monthly records in five of seven months…
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Cyber security becoming integral to maritime security
Maritime security is increasingly becoming impossible to achieve without ensuring cyber security, and the ability of states to protect their maritime assets and critical infrastructure against cyber attacks. This was one of the conclusions from a recent workshop on developing a maritime security strategy for South Africa. The workshop was…
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Western Baltic Engineering reveals plans for first electric pusher
Lithuanian ship designer Western Baltic Engineering (WBE) is unveiling new designs for what it believes is the first ever electric pusher vessel for use on Europe’s inland waterways called the ‘ELECTRIC EEL’. Klaipeda headquartered WBE said the first electric pusher is due to be built next year for the Lithuanian…
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Parties Conclude Joint R&D Agreement for World’s First Ammonia Floating Storage and Regasification Barge
Contributing to promoting the early introduction of ammonia fuel NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the parties will work on the R&D of the…
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DSME orders marine compressors for four LNG carriers
Daewoo Shipbuilding & Marine Engineering (DSME) has chosen TMC Compressors (TMC) to deliver a complete marine compressed air system to four LNG carriers the Korean shipbuilder is constructing for Greek shipowner GasLog, according to DSME’s release. TMC will supply three control and service air compressors to each of the four…
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