US-listed Greek owner GasLog has sealed a deal to sell its 2006-built LNG carrier , currently operating as a floating storage unit in Greece. In its fourth-quarter results statement, the Peter Livanos-controlled LNG shipping player said it has entered into a memorandum of agreement with an unrelated third party, with the transaction expected to be …
https://splash247.com/gaslog-seals-vessel-sale-and-charter-deals/
...See moreSimpson Spence Young (SSY) agreed on the terms to acquire Norwegian Westshore Shipbrokers AS, part of SSY’s strategy to enter into the global offshore sector. Based in Kristiansand, Norway, Westshore was launched in 1987.“This acquisition marks…
https://www.marinelink.com/news/ssy-acquires-westshore-enters-offshore-503133
...See moreTechcross is accelerating the completion of its smart process and the establishment of an AI-based database.Techcross completed the automation of its coating liquid mixing process at the end of last year after being selected for the ‘2021 Smart Factory Establishment and Advancement Project’…
https://www.marinelink.com/news/techcross-establishes-a-smart-factory-503138
...See moreChina Classification Society (CCS) announced it has recently granted approval in principle (AIP) to a 85,000 DWT ammonia-fueled bulk carrier design it codeveloped with Singapore’s SDTR Marine Pte Ltd. (SDTR) and Shanghai’s Merchant Ship Design…
https://www.marinelink.com/news/ccs-grants-aip-dwt-ammoniafueled-bulker-503139
...See moreNetherlands-based tug and workboat company Herman Senior has acquired all shares of maritime and offshore services provider ST Marine Support. The acquisition includes ST’s three existing vessels and their upcoming newbuild, a Damen Multi Cat 3313SD…
https://www.marinelink.com/news/herman-senior-acquires-st-marine-support-503141
...See moreBumper soybean harvests in Brazil and unsold grains stocks in the United States are set to boost dry bulk shipping rates as buyers including China restock after supply shocks last year, leading freight operators said.The dry bulk shipping market has been hit in recent months by slow activity…
https://www.marinelink.com/news/grains-export-push-boost-dry-bulk-503143
...See moreIn no uncertain terms, the goal of “future capable” ship’s propulsion is confusing. We have been pressed into a regulatory environment that asks us to reduce emissions, and in the same breath deliver power sufficient to meet commercial schedules…
https://www.marinelink.com/news/propulsion-decisions-smoke-water-503144
...See moreMassachusetts Maritime Academy is in the process of restructuring its former Engineering Department with the formation of the School of Engineering.To be headed by an Associate Dean, the School of Engineering will be composed of the Departments of Marine Engineering…
https://www.marinelink.com/news/mass-maritime-creates-school-engineering-503145
...See moreA.P. Moller - Maersk's towage arm Svitzer has been fined £2 million ($2.4 million) in the U.K. after pleaded guilty to safely failures that led to a crewmember fatality.Svitzer Marine Ltd pleaded guilty to failing to operate a vessel safely and failing to provide a safe system of work…
https://www.marinelink.com/news/uk-fines-svitzer-million-crewman-fatality-503146
...See moreU.S. inland marine transportation and logistics solutions company American Commercial Barge Line (ACBL) announce it has hired Joel Gard as senior vice president of its newly established Interchange & Logistics business unit.With the associated realignment…
https://www.marinelink.com/news/acbl-names-gard-svp-new-interchange-503148
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