During the Seatrade Offshore Marine and Workboats 2019 in Dubai, SCHOTTEL welcomed Lars Seistrup, Managing Director of Albwardy Damen, to its booth to sign a contract agreement for a full propulsion package for a new type of vessel. The Damen…
SCHOTTEL Propulsion Package for Damen Multibuster Read More »
As part of its European growth strategy, the GAC Group has opened its first office in the Republic of Ireland, providing a wide range of shipping services to vessels at the country’s ports as well as in Northern Ireland.GAC Ireland provides…
GAC Opens in Ireland Read More »
Classification Society ClassNK granted an Approval in Principle (AIP) to Osaka Gas for their joint project with Daihatsu Diesel on an LPG Reformer for marine engines. This was the first AIP granted in Japan for such equipment.The LPG Reformer…
ClassNK Grants AIP on LPG Reformer for Marine Engines Read More »
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose slightly on Tuesday ending a 13-session losing streak, as higher demand for capesize vessels offset a fall in panamax demand.* The Baltic ind…
Baltic Index Snaps 13-session Losing Streak Read More »
On September 24, 2019, the Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the company’s new Chief Executive Officer. Both appointments are with immediate effect.The meeting was attended b…
Sovcomflot Elects New Chairman and New CEO Read More »