Inchcape Shipping Services Expands With Acquisition Of V-Ships Agency Business

Inchcape Shipping Services Expands With Acquisition Of V-Ships Agency Business

Inchcape Shipping Services, the global leader in a port agency and marine services, is pleased to announce the acquisition of V.Ship’s global port agency business. In a reciprocal agreement, V. Group has acquired Inchcape’s Global Marine Travel. The acquisition of V.Ships Agency business establishes a partnership between the world’s largest ship manager and the world’s…

NYK Examines Business Integration Of Three Research And Technical Subsidiaries

NYK Examines Business Integration Of Three Research And Technical Subsidiaries

NYK has begun to prepare for the amalgamation of three of the NYK Group’s research and technical subsidiaries, i.e., Japan Marine Science Inc., Yusen Navtec Co. Ltd., and NYK Engineering Co. Ltd. Details The three research and technical subsidiaries will be amalgamated after approval is received at each company’s general meeting of shareholders in May…

MAN 175D Becomes The First IMO Tier III-Compliant Harbour Tug Designed For Operation In Mediterranean

MAN 175D Becomes The First IMO Tier III-Compliant Harbour Tug Designed For Operation In Mediterranean

MAN Energy Solutions has won the contract to supply the engines for a new harbour tug in Spain. P&O Reyser will operate the 27-metre newbuild, 75T bollard-pull-rated Asymmetric Tractor Tug (ATT) in the Port of Barcelona, which is expected to enter service from mid-2020. The vessel will feature 2 × MAN 12V175D MM, IMO Tier…

exactEarth Launches The First And Only Real-Time Global Satellite-AIS Service

exactEarth Launches The First And Only Real-Time Global Satellite-AIS Service

exactEarth Launches The First And Only Real-Time Global Satellite-AIS Service exactEarth Ltd. (“the Company”), a leading provider of Satellite AIS (“S-AIS”) data services, announces that the final six payloads for its second-generation constellation, exactView RT, are now operational, which completes the roll-out of world’s first global, real-time Satellite-AIS service. This revolutionary capability is expected to…

APL Vancounver Cleared to Continue Its Voyage

APL Vancounver Cleared to Continue Its Voyage

The ship’s operator APL said that the 2013-built vessel continued the voyage following inspections by the salvage team and class surveyor. APL added that additional safety measures have been provided for its voyage to Singapore, including an escort tug. “The incident on board the vessel has been brought to an end with swift emergency response by…

Inchcape Shipping Services Acquires V.Group’s Port Agency Business

Inchcape Shipping Services Acquires V.Group’s Port Agency Business

Under a new partnership between the ship manager and the port agent, Inchcape will offer a full scope of agency services to V.Ships Agency’s customers across its global network. “This deal enables us to drive value for our customers by working in partnership with V.Group, delivering enhanced service across our global network,” Frank Olsen, CEO…

Alphaliner: Short Sea Operators’ Share on Intra-Far East Trade Drops

Alphaliner: Short Sea Operators’ Share on Intra-Far East Trade Drops

These factors have seen the capacity balance tip in favour of the larger main line operators, according to Alphaliner. The total capacity operated on intra-Far East liner services, excluding cabotage trades, has more than doubled over the last decade from 890,000 TEU at the beginning of 2009 to 1.9 million TEU as at January 2019….

ONE Breaks Record For Highest Utilized Vessel

ONE Breaks Record For Highest Utilized Vessel

Navis, a part of Cargotec Corporation, and the provider of on-premise and collaborative stowage planning solutions announced that Ocean Network Express (ONE) has broken the last reported world record for the largest amount of cargo ever stowed – carrying over 19,100 TEU aboard the MOL Tribute. Utilizing Navis’ StowMan vessel stowage planning software to optimize…

Maersk And PBFX Enter Agreement For Production And Storage Of 0.5% Sulphur Fuel

Maersk And PBFX Enter Agreement For Production And Storage Of 0.5% Sulphur Fuel

A.P. Moller – Maersk and PBF Logistics LP (PBFX) announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC, a PBF Logistics LP terminal facility in New Jersey, United States. The agreement enables Maersk Oil Trading to supply IMO 2020-compliant 0.5% marine fuel to its customers on the…

NYK Conducts Crisis-Response Drill With ONE

NYK Conducts Crisis-Response Drill With ONE

On February 8, NYK conducted a crisis-response drill based on the scenario of a serious fire occurring on a containership operated by Ocean Network Express Pte. Ltd. (ONE), an integrated global container shipping company headquartered in Singapore. Also read: Learn more about Oil Driller as a career The drill scenario had a fire breaking out inside…