KEY INDUSTRY LEADERS TO SET THE TONE FOR DELIBERATIONS ON IMO 2020 SULPHUR CAP REGULATIONS AT FUJCON 2019 25 – 27 March 2019, Fujairah, UAE   Three eminent thought leaders will provide State-of-the-Industry Addresses on the commercial impact of impendingIMO 2020 regulations on sulphur cap, at the 11th International Fujairah Bunkering & Fuel Oil Forum [...]

By | 2018-12-13T07:02:19+00:00 December 13th, 2018|News|0 Comments

AIDAnova, World’s 1st LNG Cruise Ship, Delivered

German shipbuilder Meyer Werft has delivered the world’s first cruise ship to be powered solely by LNG, AIDAnova, to its owner AIDA Cruises. The initial delivery, scheduled for November, was postponed by Meyer Werft in October as the shipbuilder needed more time to thoroughly test all of the ship’s systems in order to ensure smooth [...]

By | 2018-12-13T06:46:02+00:00 December 13th, 2018|News|0 Comments

Port of Baltimore a Step Closer to Hosting Larger Ships

Port of Baltimore is to receive the funding to deepen the second container berth to 50 feet in order to be able to accommodate larger vessels. Namely, the Maryland Port Administration will receive USD 6.6 million in US Department of Transportation grant funding to contribute to the deepening project at the Seagirt Marine Terminal. The [...]

By | 2018-12-13T06:43:40+00:00 December 13th, 2018|News|0 Comments

SKF signs agreement with Palumbo Shipyards

SKF has signed an agreement with Palumbo Shipyards, a major refit and repair site in the Mediterranean to provide high tech services and related products. The services include activities such as mounting, chocking and on-site machining services, alignment services and vibration measurements as well as geometric and strain gauge alignment measurements. Furthermore, SKF and Palumbo [...]

By | 2018-12-13T06:40:43+00:00 December 13th, 2018|News|0 Comments

Growth of global merchandise exports could reach 10.4 % in 2018, UNCTAD says

Global merchandise exports could grow by 10.4% this year, hitting almost $19.6 trillion, according to data published today in the 2018 UNCTAD Handbook of Statistics, which is marking its 50th anniversary. The figures are the result of “nowcasts” based on merchandise and services trade trends which reconnect with substantial growth in 2017, when global merchandise [...]

By | 2018-12-13T06:37:40+00:00 December 13th, 2018|News|0 Comments

Malaysia’s Petronas to ramp up LNG bunkering by mid-2019

State-owned Petronas aims to start commercial LNG bunkering operations at several facilities across Malaysia by mid-2019, in a move that reaffirms the company’s efforts to compete in a key growing segment and support Malaysia’s strategic intent of becoming a regional LNG bunkering hub. Following the company’s first LNG bunkering operation at the Pengerang LNG terminal [...]

By | 2018-12-13T06:35:14+00:00 December 13th, 2018|News|0 Comments

Executives must watch both sea and air amid trade war tensions, warns Xeneta

As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment, highlighted by last week’s arrest of Huawei’s CFO in Canada, the leading freight [...]

By | 2018-12-13T06:32:23+00:00 December 13th, 2018|News|0 Comments

Bahri’s Board of Directors recommends distribution of dividends for 2018

Bahri, a global leader in logistics and transportation, announces that its Board of Directors has recommended SAR 590,625,000 in dividends for the financial year ending 31 December 2018. A cash dividend of SAR 1.5 per share representing 15% of the nominal value will be distributed on a date that will be determined later. “The Board’s [...]

By | 2018-12-13T06:28:46+00:00 December 13th, 2018|News|0 Comments

Jotun and Kansai Paint build relationship to meet marine and protective demand

Jotun, a global leader in marine coatings, and Kansai Paint, a leading coating supplier in Japan, have signed an agreement to develop their existing alliance. The partners are now looking to emulate the success they’ve achieved in the Marine segment in the Protective Market. Jotun and NOF Kansai Marine Coatings signed an agreement forming the [...]

By | 2018-12-13T06:24:47+00:00 December 13th, 2018|News|0 Comments

Swisscom Blockchain and essDOCS announce partnership to accelerate paperless trade

Swisscom Blockchain, the blockchain advisory and development arm of Swiss telecom giant Swisscom, and essDOCS, the leading enabler of paperless trade, announced today a strategic partnership to jointly develop, deploy and deliver a series of digital trade solutions. The two companies will leverage their respective resources and expertise to enable companies to digitize their trade [...]

By | 2018-12-13T06:20:36+00:00 December 13th, 2018|News|0 Comments


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