Bakke out as Havyard Group CEO
Norway’s financially troubled Havyard Group says that its Board and CEO Geir Johan Bakke have agreed to “terminate their employment relationship with immediate effect.” Bakke has said he is willing to be
Norway’s financially troubled Havyard Group says that its Board and CEO Geir Johan Bakke have agreed to “terminate their employment relationship with immediate effect.” Bakke has said he is willing to be
Underlying vessel operating cost inflation accelerated moderately in 2019 as a result of higher spending on repair & maintenance and insurance. Costs are expected to continue rising at a similar pace in
The National Transportation Safety Board (NTSB) has issued the report of its investigation of the October 9, 2018 capsizing of a 39 year old towboat at mile 142 on the Lower Mississippi
Wärtsilä has signed a license and cooperation ageement with air lubricated hull solution specialist Silverstream Technologies. As an authorized sales and service partner, Wärtsilä intends to fully integrate Silverstream’s air lubrication system
PortsToronto, owner and operator of Billy Bishop Toronto City Airport, reports that the airport’s Marilyn Bell I passenger/vehicle ferry will be converted to electric-power. The vessel will be the first 100 percent
German maritime waste specialist Jongen GmbH has taken delivery of a Damen InvaSave 300 mobile ballast water treatment system. Jongen provides waste oil, waste water, and the waste removal services for maritime
U.K. shipbuilder Wight Shipyard Co. is continuing its success in the ferry sector, securing an order for four vessels for Malta’s Captain Morgan Holdings Ltd, a subsidiary of Fortina Investments Ltd. The
CSSC Marine Service Co (CMS), the equipment service subsidiary of China State Shipbuilding Corp (CSSC), is offering a retrofit solution for engine starting problems that may occur with less viscous low-sulfur fuels.
On November 4, the American Waterways Operators submitted comments on proposed revisions to U.S. Coast Guard requirements relating to the use of electronic charts and publications in lieu of paper charts, maps
Geneva-headquartered global commodities trader Gunvor has entered an agreement with Houston-headquartered Commonwealth LNG, which is planning to build an 8.4 MTPA liquefied natural gas (LNG) export terminal on the west bank of