CMA CGM poised to order 20,600 TEU trio
MARCH 30, 2015 — Kicking the size of giant containerships up yet another notch, Marseilles, France, headquartered CMA CGM, the worlds’s third largest container line, today said that it is finalizing an
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Maersk Line orders seven 3,600 TEU box ships
MARCH 26, 2015 — Maersk Line today signed a newbuilding order with COSCO Shipyard Co., Ltd in Zhoushan China. The order is for seven 3,600 TEU container ships. The vessels will have
Horizon’s pain is Crowley’s gain in Puerto Rico trade
MARCH 20, 2015 — Crowley Liner Services is picking up business as a result of Horizon Lines’ departure from the Puerto Rico Jones Act trade. An important milestone in its response to
Algoma Central appoints new CEO
MARCH 10, 2015 — Canadian-flag shipowner Algoma Central Corporation has announced the appointment of Ken Bloch Soerensen as President and Chief Executive Officer effective April 1, 2015. Mr. Sorensen, a native of
Damen launches LNG fueled inland tanker
MARCH 6, 2015 — Damen Shipyards Group’s Galati, Romania, yard recently launched the first LNG-fueled Damen EcoLiner inland shipping tanker, designed to give inland shipping operators much-needed fuel economy while cutting emissions.
Conrad Shipyard to build first LNG bunker barge in U.S.
FEBRUARY 25, 2015—It was an historic day for the U.S. maritime industry as Conrad Orange Shipyard, Inc., Orange, TX, a division of Conrad Shipyard, LLC, Morgan City, LA, signed a contract with
Maersk Group turns in record profit
FEBRUARY 25, 2015 — Helped by a higher than expected Maersk Line profit of $2.3 billion, A.P. Møller – Mærsk A/S today reported a 2014 profit of $5.2 billion (compared with $3.8
MSC opts for Jotun Hull Performance Solutions for 12 ships
FEBRUARY 19, 2015 — Jotun Marine Coatings reports that Mediterranean Shipping Company (MSC) has opted for Jotun’s Hull Performance Solutions (HPS) on 12 vessels – including the world’s largest containership the 19,224
Pasha Jones Act newbuild achieves main engine light off
FEBRUARY 18, 2015 — Honolulu-based Pasha Hawaii reports that its ConRo (combination container/roll-on/roll-off) newbuild M/V Marjorie C has attained main engine light off, a major milestone prior to delivery from shipbuilder VT
CIT provides financing for post-Panamax gantry cranes
FEBRUARY 17, 2015 — Post-Panamax ships are going to need post-Panamax cranes and CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, is helping terminal operators get them.