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People & Company News

Maritime 2050: Facing the Decarbonization Challenge

Source: DNV GL

The International Maritime Organization (IMO) greenhouse gas (GHG) strategy signals a true game changing moment for the shipping industry. External pressure was building, but the IMO strategy sets a time line and goals for shipping to tackle one of the great challenges of our time. The GHG strategy

HII Cuts Steel on USCG Cutter Calhoun

Photo by Derek Fountain/HII

Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division started fabrication of the U.S. Coast Guard’s newest Legend-class national security cutter (NSC) Calhoun (WMSL 759) . The start of fabrication signifies that the first 100 tons of steel have been cut."Each new ship in this class

DP World, Namibia's Nara Namib Sign MoU

Photo: DP World

Dubai based logistics giant DP World has signed a memorandum of understanding (MoU) to develop a free economic zone for industry and logistics in Namibia.The port operator said the agreement with Namibia’s Nara Namib Free Economic Industrial Zone will support the growth of Namibia as a regional hub for southern Africa.

Klaveness Scales Down Supramax Biz

Pic by Klaveness Combination Carriers

Norwegian shipping company Torvald Klaveness will scale down its dry bulk shipping activity in the Supramax segment and focus on the Panamax to Post-Panamax units.Klaveness Combination Carriers has dry bulk as one of its target markets, and Klaveness Digital, through its CargoValue platform, offer a

Holvik joins Thrustmaster

Jon Holvik was named Thrustmaster's Executive Vice President for Business Development of Dynamic Positioning Systems.

Thrustmaster of Texas acquired the ICON Dynamic Positioning business from Rolls Royce earlier this year, a DP product addition to the Thrustmaster product portfolio. In addition to the rights to produce and sell future units of the DP products, Thrustmaster also has responsibility for the maintenance,

Hapag-Lloyd Expands Atlantic Loop 3

Image: Hapag-Lloyd

German international shipping and container transportation company Hapag-Lloyd AG announced that it is expanding fleet on Atlantic Loop 3 service between the US and Europe."Our Atlantic Loop 3 Service (AL3) fleet is growing with the addition of the 4,248 TEU vessel “Rio Grande Express” sailing between the United States and Europe,

AEO Status for APM Terminals Quetzal

Pic: APM Terminals

Guatemala’s Superintendence of Tax Administration (SAT), customs entity, has recognized APM Terminals Quetzal’s transparency and security through its accreditation as an Authorized Economic Operator (AEO). The terminals achieved a 100% compliance rating.The terminal uses a state-of-the-art terminal operating system to optimize security,

MPC Capital Buys Stake in Albis

Pic: Albis Shipping & Transport

German shipping asset manager MPC Capital has acquired a strategic stake of 50 percent in compatriot tanker chartering company Albis Shipping & Transport.The Hamburg-based asset and investment manager informed that, Albis, led by Kim Moeller, operates a market-leading commercial platform for tankers of various sizes.

DNV GL Awards AIP for SHI Cyber Secure Notation

(From left): Dong Ho Park, Senior Approval Engineer DNV GL; Andreas Kristoffersen, Head of ACK, DNV GL; Jarle Coll Blomhoff, Head of Cyber Security, DNV GL; Hae Ki Jang, VP, SHI; Duck Soo Kim, Senior Engineer, SHI; Kyung Won Bae, Senior Smart Ship Engineer, SHI; Chang Ryeol Heo, Principal Engineer, SDS; Partick Jeon, Leader of Machinery & Electric Planning Parts, SHI. Photo: DNV GL

The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation.According to DNV GL, this is the world’s first AIP for its Advanced+ addition to the Cyber Secure notation.

Jobs at risk if Merger Stopped, Fincantieri Chairman Warns

media-archivio-plants-ancona.jpg

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities last month opened an in-depth investigation into the proposed deal,

Fincantieri: Jobs at Risk if Merger with Chantiers de l'Atlantique Stopped

Photo: Fincantieri

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities last month opened an in-depth investigation into the proposed deal,

Maersk COO Søren Toft Leaves Company

Chief Operating Officer (COO) Søren Toft has decided to pursue another opportunity outside the company and will leave A.P. Møller - Mærsk A/S effective today. CEO Søren Skou will take on the responsibilities of the COO in the interim.The Executive Board will hereafter consist of Søren Skou,

Damen Snags Ferry Order from B.C. Ferries

Artist impression courtesy Damen.

Damen Shipyards Group has won a repeat order from B.C. Ferries for four additional Damen Road Ferries 8117 E3, also known as the “Island Class vessels”. The diesel-electric hybrid ferries follow two such vessels that the client ordered from Damen in 2017. The four new vessels will provide

Royal Caribbean Cruise Founder Dies

Edwin W. Stephan, the founder, long time-president, and vice chairman of the board of Royal Caribbean Cruise Line. Photo: Royal Caribbean Cruise Line

Army veteran-turned-Royal Caribbean Cruise Line founder Edwin W. Stephan passed away on Friday at 87 years old."We at Royal Caribbean mourn his loss and extend our deepest sympathies to the Stephan family," said a statement from the global cruise company said.In 1969 Stephan founded the Royal Caribbean Cruise Line,

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