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Pacific Green Appoints Nick Mahoney as Head of Marine Trading Division

Chennai: Port Wings News Network: Pacific Green Technologies Inc., developer of the ENVI-Marine™ and ENVI-Clean™ Exhaust Gas Scrubbing Systems, announced the appointment of Nick Mahoney as Managing Director of its newly created division, Pacific Green Marine Technologies Trading Limited. Nick Mahoney has vast experience in the shipping industry and joins Pacific …

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Korean Register Grants Design Approval to DSME’s SOLIDUS

Chennai: Port Wings News Network: Korean Register (KR) has formally granted design approval to DSME for DSME’s SOLIDUS LNG cargo containment system. A ceremony marking the design approval took place on 28 May at DSME’s Okpo shipyard in the presence of Jeong-kie Lee, CEO and Chairman of KR and Sung-Geun …

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Mansukh Mandaviya Takes Charge as MoS Shipping

New Delhi: Port Wings News Network: Mansukh Lal Mandaviya on 31 May 2019 took charge of the Shipping Ministry as Minister of State (Independent charge) and said hard work to serve the nation will be his top priority, according to a report in Business Standards. A Rajya Sabha member of …

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Indian Register of Shipping Hosts Multi-Stakeholder Seminar on IMO Sulphur Limit Compliance and GHG Emissions Strategy

Mumbai: Port Wings News Network: The Indian Register of Shipping (IRClass), a leading ship classification society, recently hosted a seminar in which industry stakeholders discussed the impending 2020 IMO fuel sulphur regulation and the initial IMO Strategy on reduction of greenhouse gas (GHG) emissions from ships. Held at IRClass’ head …

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A.P. Møller – Mærsk A/S Reports Solid Uplift in Earnings

Chennai: Port Wings News Network: A.P. Moller – Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018. Operating cash flow improved significantly to …

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Svitzer Begins Landmark Trial of New Line Handling Technology

Chennai: Port Wings News Network: Svitzer, the leading global towage operator, on 23 May 2019 announced that it has begun landmark sea trials of a new ‘industry-first’ remotely operated line catching technology prototype. CRITICAL ELEMENTS OF TOWAGE OPERATIONS The new innovative mechanism is being trialled on the vessel Svitzer Trym, …

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CMA CGM Orders 50,000 Traxens Trackers

Chennai: Port Wings News Network: The CMA CGM Group, a world leader in shipping and logistics, is pleased to announce a new order for 50,000 Traxens trackers. As a structuring shareholder and the first company to have invested in Traxens in 2012, CMA CGM participated in the development of the …

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