Langh Tech develops EGR water treatment system
MARCH 2, 2017 — Having established a firm position in the market for exhaust gas scrubbers, Finland’s Langh Tech Oy Ab is now expanding its water treatment technology to new areas. The
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MHI-MME delivers 50th slow-steaming retrofit propeller
MARCH 2, 2017 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), has delivered its 50th retrofit propeller since 2013. The retrofit propellers are designed for slow steaming conditions where
Canada awards key Joint Support Ship program contract
MARCH 1, 2017 — The Government of Canada says it has “taken the final step before building” the Joint Support Ships called for under the National Shipbuilding Strategy’s (NSS) non-combat vessels package,
Advice to box ship owners: Defer newbuild deliveries
MARCH 1, 2017 — The latest Container Insight Weekly from Drewry Shipping Consultants Ltd. says that newbuilding deferral offers the container industry a golden opportunity to smooth out the capacity peaks in
Court declares Hanjin Shipping bankrupt
FEBRUARY 17, 2017 — South Korea’s Yonhap news agency reports that Hanjin Shipping Co. was today officially declared bankrupt by the Seoul Central District Court, after a two-week period for appeal expired.
Tropical newbuilds to have MAN propulsion packages
FEBRUARY 14, 2017 — Riviera Beach, FL, headquartered Tropical Shipping, a Saltchuk subsidiary, has ordered a series of MAN propulsion packages in China to complement an expansion of its vessel fleet. With
Jacques Saadé names Rodolphe Saadé CEO of CMA CGM
FEBRUARY 8, 2017 — On his 80th birthday, Jacques Saadé has announced the appointment of his son Rodolphe Saadé as Chief Executive Officer of the CMA CGM Group. Jacques Saadé remains Chairman
Maersk: Profits in 2017, meantime here’s more red ink
FEBRUARY 8, 2017 — A.P. Møller – Mærsk A/S racked up an unwelcome distinction today, reporting the largest annual deficit ever posted by any Danish company. Although the group delivered an underlying
Drewry introduces credit research service
FEBRUARY 7, 2017— Drewry Financial Research Services Ltd., the investment research arm of shipping consultancy Drewry, is launching a new credit research service. Through this extension to its established maritime equity research
MHI-MME delivers world’s largest steering gear
JANUARY 30, 2017 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) has delivered the electro-hydraulic steering gear that will be installed in the world’s largest 20,000 TEU mega containership,