Tufton Oceanic Buys Boxship
United Kingdom-based closed-ended investment company Tufton Oceanic (SHIP) has reached an agreement to acquire a container ship for $28.6m. The new ship will takeā¦
APM Terminals Invests in Barcelona Port
The international container terminal operating company headquartered in The Hague, APM Terminals has invested EUR 47 million (USD 53 million) in the Port of Barcelonaā¦
Blockchain Container Completes Maiden Voyage
The Port of Rotterdam has announced that the first paperless and fully door-to-door tracked container, based on blockchain technology, has arrived at the warehouseā¦
One MOL Safety Campaign From July 15
Japanese ocean transport company Mitsui O.S.K. Lines (MOL) announced that its annual safety campaign will begin on July 15, targeting all MOL Group-operated andā¦
Shin-Nippon Kaiyosha Starts Operations
Japanese shipping giant Nippon Yusen (NYK Line) announced that its two subsidiaries Wing Maritime Service Corporation and Kaiyo Kogyo Corporation that provide harborā¦
Diana Shipping Fixes Atalandi with Uniper
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorfā¦
Port Canaveral Wins Funding for Response Vessel
New fireboat will provide enhanced firefighting and rescue capabilities for maritime and commercial space. The Canaveral Port Authority will receive $1.5 million in funding from the State of Florida to support the acquisition of a specialized fireboat to provide marine firefighting and rescue capabilities for Port Canaveral and the surrounding communities. Port Canaveralās Marine Firefighting Rescueā¦
CSSC Teams Up with RINA
RINA and China State Shipbuilding Corporation (CSSC) have signed a Strategic Cooperation Agreement for some of the activities related to passenger ships building. RINA will provide technical advice to CSSC in accordance with RINAās experience and expertise.The agreement, which has been conceived during the recent visit to Italy of President Xi Jinping for the signing of the Belt and Road Initiative agreements, was signed by RINAās CEO, Ugo Salerno and Mr.Lei Fanpei, Chairman of CSSC, in Beijing.
VT Halter Begins Building 3rd USN Berthing Barge
VT Halter Marine, a company of ST Engineering North America, has started construction on the third Auxiliary Personnel Lighter ā Small (APL(S)), a new class of berthing barges commissioned by the U.S. Naval Sea Systems Command (NAVSEA).VT Halter Marine received a $77.9 million contract to design and build two firm units of the new class of berthing barges in September 2018, with options for another four.
Saga Dawn Gas Trials Success for LNT Marine
LNT Marine has successfully completed gas trials of its novel LNTA-BOX containment system aboard Saga Dawn, a mid-size LNG carrier due for delivery from China Merchants Heavy Industry (Jiangsu) shipyard.Saga LNG Shipping and China Merchants Industry Holdings (CMIH) signed a contract for the 45,000m3-capacity LNG carrier in late 2015, with the yard subsequently entering into a license agreement withā¦
Hydrex Earns Belgium, Netherlands Approvals
In close communication with the Dutch Ministry of Infrastructure and Water Management, Hydrex has developed a new method to clean propeller blades underwater. This method complies with the strict environmental regulations in Belgium and the Netherlands. As a result, the company has been given permission to clean propeller blades in both countries.The traditional approach in the propeller maintenanceā¦
Austal Christens USS Oakland
Austal USA hosted the christening of the future USS Oakland (LCS 24). This is the first of three U.S. Navy ships to be christened at Austalās state-of-the-art ship manufacturing facility in 2019.Oakland is the 12th of 19 Independence-variant littoral combat ships (LCSs) Austal USA has under contract with the U.S. Navy. The shipās sponsor, Kate Brandt, a recipient of the Distinguished Public Service Award, the highest award the U.S.
WE Tech Equips Donsötankās New Builds
WE Tech Solutions, a leading energy efficiency solution provider, has received an order to supply an integrated package, including Propulsion Drives, Permanent Magnet Shaft Generator, Shore Connection Switchgear, Bow Thruster Motor and DC Link to two new 22000 DWT tankers for chemical and oil products with an option for another two. The tankers are built by Wuhu Shipyard Co. Ltd for the Swedish ship owner Rederi AB Donsötank.
China's Largest Shipbuilders Plan to Merge
China's two largest shipbuilders are planning to merge, their listed arms said in separate exchange filings on Monday, the latest to join a wave of mergers among state-owned enterprises as the government overhauls the sector.The move by China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC), is subject to approvals from related authorities and there are still many details to be ironed out before the proposal can be finalizedā¦
Odfjell Names Next-Gen Chemical Tankers
A milestone is reached in Odfjellās history as the company officially names its next generation of chemical tankers on July 1st. When the ships are delivered to the fleet, these vessels will be the worldās largest stainless steel chemical tankers, taking Odfjell to a new level of capacity, efficiency, and eco-friendly operations.Odfjell has undertaken a major fleet renewal program through measures such as pool cooperationā¦
āKā Line, Taipower, U-Ming, and Kuang Ming Establish JV
Kawasaki Kisen Kaisha, Ltd. ("Kā Line), Taiwan Power Company (Taipower), U-Ming Marine Transport Corporation (U-Ming), and Kuang Ming Shipping Corporation (Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understandingļ¼MOUļ¼in Taipei, Taiwan on July 1. This new joint venture will own both coal and LNG carriers, and operate them for transporting these raw materials to Taipower.
MSCI Advisory: Regional Conflict and Piracy
2019-007-Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and Indian Ocean-Violence Due to Regional Conflict and PiracyDescription:This revised advisory cancels U.S. Maritime Advisory 2018-0151. References: (a) U.S. Maritime Alerts 2018-001A, 2018-002A, 2018-002B, 2018-005A, and 2018-007A2. Issues: Regional conflict and piracy threats continue to pose potential risks to commercial vessels operating in the above listed geographic areas.3.
Paris MoU Annual Report 2018 Published
āConsistent Complianceā : The Paris MoU has published its 2018 Annual Report on July 1, 2019, which can be found on the website. This report contains the details of the activities of the Paris MoU during 2018. In 2018 there were 24 Refusal of Access Orders (referred to as ābanningsā) issued. This shows a decrease from 32 in 2017. Refusal of access (banning) has been used 77 times since 2016.The detentionā¦
Valmet Scubbers for 10 COSCO Boxships
Valmet will supply exhaust gas cleaning systems (scrubber system) for ten container vessels of COSCO Shipping Lines Co., Ltd. The scrubber systems will be installed in existing vessels in China in 2019.The project is executed in co-operation with Health Lead Development Ltd.The order was included in Valmet's orders received of the fourth quarter 2018 and second quarter 2019. The value of the orderā¦
Common Structural Rules Software Updated
Common Structural Rules Software LLC, a joint venture company formed by ABS and Lloydās Register (LR), has enhanced its Prescriptive Analysis and Finite Element Analysis software.The software provides users with an easy way to evaluate designs. It has recently been cross-checked by IACS and both software products: CSR Prescriptive Analysis and CSR Finite Element (FE) Analysis, demonstrated very highā¦
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