UHL confirms takeover of 11 Zeamarine vessels
United Heavy Lift (UHL) has taken over a total of 11 vessels from financially distressed Zeamarine. The German shipping company will take over nine new eco-friendly heavy-lift vessels and two smaller ships on time charter...Read more
Zeamarine rumoured to offload at least 15 vessels
Zeamarine is rumoured to be offloading at least 15 vessels as part of the business restructuring announced last month. That corresponds to a quarter of its current 67-vessel fleet. The vessels will likely join the...Read more
AAL delivers gantry cranes at Port Miami
PRESS RELEASE – AAL Shipping has opened its 25th year of operations with the successful delivery of a cargo of six rubber-tyred gantry cranes in a single sailing from the Port of Taicang to the...Read more
Blue Water opens new project logistics office in Italy
PRESS RELEASE – Blue Water Shipping has expanded its network with a new office in Milan, Italy. The office will initially focus on serving clients in the oil and gas, power generation, renewables and infrastructure...Read more
Media: Zeamarine is disposing of vessels
Zeamarine is reportedly disposing of vessels to deal with its financial losses. The fast-growing shipping company last month announced that it has hired a restructuring specialist to take over the management of the company and...Read more
Port of Felixstowe Upgrades Ro/Ro Facilities
PRESS RELEASE – In her first port visit of 2020, Maritime Minister Nusrat Ghani MP has inspected the site of work to upgrade Roll-on/Roll-off facilities at Hutchison Ports Port of Felixstowe. The works will allow the...Read more
BBC Yacht Transport signs major partnership with GAC Pindar
BBC Yacht Transport and marine leisure, sports and event specialist GAC Pindar have teamed up to provide a one-stop-shop for transport solutions for the sailing industry. The agreement combines BBC’s fleet of 160 multipurpose vessels...Read more
Drewry expects double-digit growth in charter rates for larger ships
The outlook for the multipurpose shipping industry is brightening. Despite the rising geopolitical risk and economic uncertainty, Drewry forecasts that average earnings for breakbulk and heavy-lift shipping companies will rise 6% in 2020 and continue...Read more
BIMCO selects David Loosley as new Secretary-General
PRESS RELEASE – BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020. Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST) which he has successfully...Read more
SOL buys majority stake in Scanlog to provide door-to-door service
PRESS RELEASE – Svenska Orient Linien (SOL) becomes the new majority owner in the Swedish logistics company Scandinavian Logistics Partners, better known as Scanlog. Until now, the shipping company has had a 20 percent holding...Read more
SAL appoints Chief Information Officer to develop digital business
PRESS RELEASE – SAL Heavy Lift is taking further steps to strengthen and develop its digital landscape by creating a new executive function that focusses on information technology and digitalization. The company has appointed managing...Read more
Rhenus ships 13 large MAN engines for Karpowership
PRESS RELEASE – Rhenus Project Logistics is organising the transportation, handling and storage of 13 enormous MAN diesel engines and their fixtures as part of a complex project in which they will be used as...Read more
A.Hak International awarded Baltic Pipe Project Contract
PRESS RELEASE – A.Hak International has been awarded the contract for part of the onshore pipeline of the Baltic Pipe Project in Denmark. The Project is being developed by Energinet, the Danish gas and electricity...Read more
One dead and five sick after illness strikes Boka Vanguard transport
The world’s largest heavy cargo vessel, Boskalis’ Boka Vanguard, has interrupted its voyage from China to Brazil in South Africa to land five seriously ill and one deceased seafarer. It concerns crew members of the...Read more
Promedia and Dutch Shipbrokers Society join forces for Project Cargo Summit 2020
PCJ’s publisher, Promedia, has signed a partnership agreement with the Dutch Shipbrokers Society for the next edition of the Project Cargo Summit. In 2020, this dedicated project cargo event will be organised in close collaboration...Read more
“Combining business cultures of decade long rivals was challenging”
After successfully merging Gearbulk and Grieg Star into the largest breakbulk shipping company in the world, Rune Birkeland has resigned as CEO of G2 Ocean per the 1st of January, 2020. “Looking back, the biggest...Read more
Roll Group expands fleet with module carrier
PRESS RELEASE – After the extension of their land activities into Asia in 2019, Roll Group starts 2020 in a similar manner with the addition of another module carrier into their fleet. On 6th January...Read more
Siemens Gamesa reaches EUR 1.72 billion in green financing
PRESS RELEASE – Siemens Gamesa Renewable Energy is moving forward in its strategy of making sustainability a key element of all aspects of its business, including its funding strategy. Siemens Gamesa recently extended a guarantee line...Read more