MAY 24, 2017 — Navios Maritime Holdings (NYSE:NM) reported first quarter 2017 results that saw revenues drop to $95.3 million compared to $101.4 million in the corresponding 2016 quarter while losses grew
MAY 24, 2017 — Koch Supply & Trading (KS&T) reports the completion of the first what it says will be “multiple and regular” ship-to-ship (STS) LNG transfers with private Chinese company JOVO
MAY 23, 2017 — Odfjell SE reports that it has purchased the M/T Argent Eyebright. The vessel was delivered in November 2009 by Kitanihon Shipbuilding in Japan. The vessel has 16 stainless
MAY 23, 2017 — Belgium’s Jan De Nul Group has signed a contract with shipbuilder Keppel Singmarine Pte.Ltd. for the construction of a 6,000 cu.m trailing suction hopper dredge (TSHD), bringing its
MAY 23, 2017 — GE’s Marine Solution’s reports that the world’s first liquid propane gas (LPG)-fueled ferry design to use GE’s (COGES) system has successfully completed Hazard Identification (HAZID) meetings. The ferry
MAY 23, 2017 — South Korea’s Samsung Heavy Industries Co., Ltd. has won a $100 million contract to build two 7,500 cu.m LNG carriers for Kogas. Kogas will use the vessels to
MAY 22, 2017 — Norwegian OTC listed start-up MPC Container Ships AS today reported that it has acquired seven container vessels for a total investment of $38 million. The company was formed
MAY 22, 2017 — Fully remote controlled vessels could be operating in the Baltic Sea in three years, with autonomous commercial traffic following by 2025. That’s the vision of the One Sea
MAY 22, 2017 — The Danish Maritime Authority is launching a pilot project looking at blockchain technology as a possible path to digitalization of the entire ship registration process. When they want
MAY 22, 2017 — Waterjet manufacturer Marine Jet Power, Inc. reports that Douglas Natoce has joined the company as President and Regional Director responsible for the Americas. With over 37 years of