Global Container Terminals Becomes Member of TradeLens

GCT

Canada-based Global Container Terminals (GCT) has joined the TradeLens supply chain platform.

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Port of Virginia: Ship Channel Deepening to Begin in 2020

Port of Virginia

The works to make the Port of Virginia the deepest port on the US East Coast are set to begin in January 2020.

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Shipping Firms Fined USD 1.8 Mn for Covering Up Pollution

cargo ship

Two shipping companies will pay a USD 1.8 million criminal penalty for pollution caused by a cargo vessel.

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SBM Offshore Obtains USD 1.14 Bn Bank Loan for Liza Unity

SBM Offshore

SBM Offshore completes the project financing of FPSO vessel Liza Unity for a total of USD 1.14 billion.

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America's First LNG ATB Launched

VT Halter Marine

Halter Marine has launched Q-LNG 4000, America's first offshore LNG articulated tug and barge (ATB) unit.

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Modec to Provide FPSO for Brazilian Marlim Project

Modec

Modec receives LOI from Petrobras for the supply, charter, and operations of an FPSO vessel for the Marlim ...

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IBM Joins Mayflower Autonomous Ship Project

Mayflower

Mayflower, a fully-autonomous ship, is planned to cross the Atlantic in September 2020.

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Navios Partners Repays USD 418.5 Mn Loan

navios_lumen_bc

Navios Maritime Partner managed to repay a major loan amounting to USD 418.5 million.

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Green Marine Welcomes Port of Galveston

Cruise ships

The US Port of Galveston joins Green Marine, a voluntary environmental program for North America’s maritime industry.

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LNG Shipping Rates Rise as Sanctions Hit Vessel Availability

GasLog

The LNG shipping market finally came to life when a combination of factors worked in tandem to squeeze the vessel supply.

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ITF Urges Govts to Continue Search for Bourbon Rhode Crew

Bourbon Offshore

ITF demands that the search for seven missing Bourbon Rhode seafarers continue in the mid-Atlantic.

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Trump Reaches Partial Deal with China, Delays Tariffs

Donald Trump

China agreed to more than double its annual purchases of American agricultural products as part of the deal.

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Cargo Ship Refloated after Grounding off Dominican Coast

Habib Express

Habib Express grounded in shallow waters southwest of Beata Island, Dominican Republic.

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Golden Ray to Be Disassembled in St. Simons Sound

Car carrier Golden Ray

The authorities would remove all of the Golden Ray’s hull, components, and cargo by disassembling the vessel in place.

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Teekay Inks Hummingbird FPSO Employment Extension

Teekay Corp

The unit will continue working on Chestnut Joint Venture's North Sea field until March 2023.

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Hudson Shipping Joins Trident Alliance

Shipping

The company joined the Trident Alliance as part of its ongoing ‘green’ initiatives.

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Eagle Bulk Takes Delivery of Another Ultramax

Bulker

The 63,500 dwt Nautical Elisabeth has been renamed the M/V Santos Eagle.

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GPH to Invest USD 250 Mn to Transform Nassau Cruise Port

Cruise ships at port

The company started operations at Prince George Wharf Cruise Port in Nassau on October 9, 2019.

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Hyundai Heavy Obtains Second USCG BWMS Type Approval

US Coast Guard HHI

This is the 22nd certificate issued by the U.S. Coast Guard.

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CCG: Self-Unloader Grounds in St. Lawrence Seaway

Canadian Coast Guard

A Handy self-discharging bulk carrier went aground in the St. Lawrence Seaway.

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Shipping Industry Dented by Soybean Trade Developments

Bulker

Combined soybean exports from Brazil and the U.S. are down 7.8% in the first eight months of this year.

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Imports at Major US Ports to Surge Ahead of December Tariffs

US ports

But imports are expected to fall to 1.78 million TEU in December, down 9.3 percent year-over-year.

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Teekay Shuttle Tankers Issues USD 125 Mn Green Bonds

Finance

The proceeds will be used to partially fund four E-Shuttle newbuilds currently under construction.

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Panama Canal Handles Record Tonnage in 2019 Fiscal Year

Panama Canal

The waterway reached a volume of 469 million Panama Canal tons, a 6.2 percent rise from last year.

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Seized North Korean Bulker Sold for Scrap

Wise Honest

North Korea had earlier requested the release of the vessel.

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First Phase of Ecuador's Posorja Deep Water Port Completed

Posorja Port

A total of USD 1.2 billion are scheduled to be invested into the project.

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KOTUG, Horizon Maritime Create Joint Venture in Canada

KOTUG

KOTUG International B.V. and Horizon Maritime Services form a towage joint venture in Canada.

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