MARSH, one of the world's largest insurance brokers and risk advisers, has seen a spike in clients' enquiries for political violence cover in the Persian Gulf after attacks on tankers and oil installations rattled the region last year, an executive said
https://www.seanews.com.tr/insurer-marsh-sees-demand-spike-for-persian-gulf-violence-cover/185949/
San Antonio, Valparaíso and Huasco recorded the largest variations in exported tons.
According to a report by the Maritime and Port Chamber (Camport), in 2019 foreign trade through the ports of Chile reached 115.1 million tons, 8.2% less than what was achieved in 2018. Regarding the value, US $ 112,587 million were registered, 7.2% less than what was registered in the previous year.If the last five years are analyzed, it is observed that in 2019 the load exported in tons decreased by 4.4%...
MODEC, Inc. (“MODEC,”), Mitsui & Co., Ltd. (“Mitsui”), Mitsui O.S.K. Lines, Ltd. (“MOL”) and Marubeni Corporation (“Marubeni,”) have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business (“the Project”) currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Marlim field off the coast of Brazil.
Representation Image – Credits: modec.com
The above four companies (“the Companies”) have...
Agora Shipbroking Corporation: Snapshot of Commercial Indicators Report – Week 04 2020 Source: AGORA SHIPBROKING CORPORATION
The United States on Friday will lift sanctions on at least one Dalian unit of Chinese tanker company COSCO that Washington accused of transporting Iranian oil, a U.S. official with knowledge of the matter said. The administration of U.S. President Donald Trump blacklisted the Dalian units of COSCO...
Athenian Shipbrokers S.A. Monthly Report January 2020 Source: ATHENIAN SHIPBROKERS S.A.
https://www.hellenicshippingnews.com/athenian-shipbrokers-s-a-monthly-report-january-2020/
Ports of Auckland and Netherlands-based Damen Group signed a contract in July, promising a full-sized, battery-propelled, all-electric tugboat, reports the Maritime Executive.
The request was for battery-powered tug with a 2800 kWh energy rating and 70 tons of bollard pull – Damen’s RSD-E Tug 2513 – by 2021. It will be the first zero-emissions, fully electric shiphandling tug in the world.
Climate Leaders CoalitionThe pioneering project comes one year after the Climate Leaders Coalition was...
http://mfame.guru/maritime-sector-makes-way-for-zero-emissions-tugs/
A Maersk containership broke down and began drifting shortly after departing Algeciras, Spain to Newark, New Jersey. Maersk said in a Jan. 30 customer advisory that the Maersk Batur suffered main engine damage which will cause the vessel to be delayed. “The Nautical department is sailing the...
Calling it “everyone’s Port,” the Port of Oakland’s new leader wants an industrial sanctuary to sustain economic vitality. Executive director Danny Wan delivered his State of the Port address on 29 January saying there’s plenty to feel good about. But he asked a sold-out audience of 350 to help him buffer the port as Oakland develops.
“Our leaders recognise the Port of Oakland is an indispensable jobs and economic engine,” said the executive director in his first major address since taking over...
https://container-news.com/oakland-port-leader-wants-industrial-sanctuary/