Finnish Navy Orders 4 New Vessels at Rauma
The Finnish shipbuilder Rauma Marine Constructions (RMC) won the contract from the Finnish Ministry of Defence for the construction of four new Pohjanmaa-class naval vessels…
Vitol, ENH Form LNG Trading JV
Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The…
HMS Prince of Wales Goes for Maiden Voyage
Britain's newest aircraft carrier has sailed out of Rosyth dockyard for the first time. The GBP3bln, 65000 ton HMS Prince of Wales will sit at anchor in the River…
Korean H-Line Sign LNG Carrier TC with Vitol
Dutch energy and commodities group Vitol and South Korea's H-Line Shipping have executed a 10-year time-charter agreement for a newbuild, latest generation LNG carrier.The…
Chinese Shipbuilder Orders TMC Compressors
Chinese heavy-duty equipment manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) has contracted TMC Compressors of the Seas to supply a marine compressed air…
Port Nelson Reports Continued Steady Growth
New Zealand Port Nelson said that continued growth in cargo volume has contributed to the port's delivering an operating profit of $30.5 million for the 2018/2019…
IUMI Reports Cut in Offshore Insurance Premiums
International Union of Marine Insurance (IUMI) Offshore Energy Committee reported a further reduction in global offshore energy premiums.Global premiums in this…
Blue Robotics Intros Ping360 Scanning Sonar
California-based Blue Robotics announced its newest product, the Ping360 Scanning Sonar, which offers small remotely operated underwater vehicle (ROVs) the ability…
UK Launches Offshore Wind Leasing Round
The Crown Estate has launched its Round 4 offshore wind leasing competition for the rights to develop at least 7GW of new capacity off England and Wales.The Offshore…
Vesper Marine Announces Cortex
Vesper Marine, a manufacturer of innovative marine electronics, announced the release of Cortex, what the company said is the world’s first marine VHF radio with wireless touchscreen handsets…
SunStone Cuts Steel for Ocean Explorer
SunStone Ships oversaw the steel cutting of Ocean Explorer, the fourth Infinity-class vessel in the class, at China Merchants Heavy Industry yard in Haimen.With…
BIMCO Pessimistic on Dry Bulk Market
BIMCO expects the fundamental market balance in the dry bulk shipping to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulfur cap…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The…
Wärtsilä Rolls-out Pure Gas Marine Engine
Finnish corporation Wärtsilä has launched the 31SG pure gas engine for marine market applications.The 31SG is based on the successful Wärtsilä 31 product platform…
Siemens Gamesa Ups 'Green' Credit to $1.4Bln
Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has increased the amount of guarantees that qualify as "green" to €1.25 billion ($1.4Bln) as they…
CMHI Lays Keel for Ocean Victory
China Merchant Heavy Industries (CMHI) held in Haimen a keel-laying ceremony for the Miami-based SunStone Ship's third Infinity-class ship, Ocean Victory.European aesthetic and design…
Aramco Uses Renewables in Gas Wells
Saudi Arabian national petroleum and natural gas company Saudi Aramco said that using renewable energy at unconventional well sites in Wa’ad Al-Shamal provides multiple…
Fincantieri: New Design for MSC Seashore
A traditional maritime coin ceremony took place at the Fincantieri shipyard in Monfalcone, Italy, when the keel was laid for MSC Seashore. At the milestone event, MSC Cruises revealed details of the significantly transformed overall design and new features of the ship.MSC Seashore will be the Company’s longest ship – 339 meters – when she enters service in June 2021, the first of two enriched “Seaside Evo” Class ships with the latest available environmental technology…
LR Awards DSME AiP
LR has awarded Approval in Principle (AiP) to Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) for its 98,000 m3 Very Large Ethane Carrier (VLEC) design with new cryogenic material High Manganese Austenitic steel (High MnA) and sloshing-free tank, the first VLEC design to use this type of material.DSME’s 98,000 m3 VLEC design is made of DSME-patented ‘Type B’ tank so it can operate with partial loading due to a sloshing-free tank design making vessel operations flexible and efficient…
Arab Coalition Says Foiled Houthi Attack in Red Sea
The Saudi-led coalition intercepted and destroyed an explosives-laden boat launched by the Iran-aligned Houthi movement from Yemen's main port of Hodeidah, Al Arabiya…
