Seacor Marine Announces Second Quarter Results And To Implement Aggressive Cost Cutting Today results for the second quarter that ended June 30, 2019, has been announced by SEACOR Marine Holdings (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and windfarm facilities worldwide. Second-quarter…
AMSA Announces Salvage Operations To Clean-Up Containers Lost Overboard From YM Efficiency AMSA has announced a tender for salvage operations as its next step in the ongoing battle to clean-up containers lost overboard from the YM Efficiency. Today the tender opened calling for salvage and offshore construction operators to remove containers and safely dispose of…
APM Terminals Yucatan To Expand And Modernise Progreso Terminal For Trade Growth It has been announced by APM Terminals Yucatán, operator of the Port of Progreso, Mexico, that significant investment to expand and modernize the Progreso container terminal, supporting trade growth and economic development in the Yucatan peninsula. Over the last two years, the terminal…
Saudi Aramco To Acquire 20% Stake Worth US$75 Billion On LOI With RIL Saudi Aramco and Reliance Industries Limited (RIL) have agreed upon a non-binding Letter of Intent (“LOI”) which is regarding a proposed investment in the Oil to Chemicals (O2C) division comprising the Refining, Petrochemicals, and fuels marketing businesses of RIL. Based upon an…
IMO Treaties Needs To Be Implemented Into National Laws For Effective Port State Control There is a need to implement IMO treaties into national law so that they can be applied on ships flying the flag of a particular country and also that, those countries can implement effective port State control and comply with other…
Fincantieri Floats Out Fifth Royal Class Ship Enchanted Princess In Monfalcone The fifth Royal-class ship, Enchanted Princess, built for the ship operator Princess Cruises, a brand within Carnival Corporation, floated out today at Fincantieri’s shipyard in Monfalcone. Interior fittings will now begin scheduled in 2020, which will lead the vessel to its delivery. Firouz Mal,…
DNV GL Rewards “K” Line And Namura Shipbuilding For New LNG-Fuelled Ore Design Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Namura Shipbuilding Co., Ltd. (Namura Shipyard) a joint Approval in Principle (AIP), are awarded by Classification society DNV GL for their new LNG-fuelled Ore Carrier concept design. The new design offers the same deadweight and…
S.C. Ports Records To Be Busiest July Port At Marine And Inland Terminals South Carolina Ports Authority records to be its busiest July in Port history at container terminals and inland ports and had a strong start to the fiscal year 2020. In July 5, at the Wando Welch and North Charleston container terminals SCPA…
CBP AMO Seizes Cocaine Filled Vessel In Caribbean Of Worth Over $114 Million A CBP Air and Marine Operations (AMO) located and tracked a cocaine-filled go-fast style vessel in the Western Caribbean on July 26 while CBP AMO P-3 Orion Long Range Tracker crew assigned to the National Air Security Operations Center-Jacksonville, was conducting maritime…
Shanghai Port Wins Best-Connected Ports Award In UNCTAD 2019 The Shanghai port has secured the top position in UNCTAD’s 2019 ranking of the world’s best-connected ports, which was released on 7 August. The Chinese port collected a connectivity score of 134 points, followed by the ports of Singapore (124.63 points), Pusan (114.45 points) in Korea…
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