Ocean Signal Appoints Furuno Italy Distributor
Communications and safety at sea specialist Ocean Signal has appointed FURUNO Italia S.R.L. as its new distributor for Italy. Following confirmation of the new partnership, FURUNO is now able to market and supply the entire Ocean Signal range of products, which includes its SafeSea portfolio of GMDSS products and its innovative rescueME PLB1. As global leaders in the development and distribution of a range of marine electronics…
Rolls-Royce Partners with Nauta S.A. Repair Yard
Rolls-Royce Marine and Nauta S.A. ship repair yard have signed a cooperation agreement in Poland. Under the new partnership, Rolls-Royce Marine will gain exclusive rights to provide services on all Rolls-Royce equipment coming into the shipyard. In return, the cooperation is expected to bring in an increased flow of customers into the shipyard, knowing they can readily access the original equipment manufacturer expertise required for the work…
Register Now for SHIPPINGInsight and Save Up to $400
SHIPPINGInsight 2014 is coming soon, but there’s still time to take advantage of the early-bird registration discount. Attendees registering prior to the Aug. 28 early-bird deadline can receive a discount up to $400 for the event, which takes place Sept. 30-Oct. 2, 2014 at the Sheraton Stamford Hotel in Stamford, Conn. SHIPPINGInsight 2014 encompasses three days of activities, including the one-day Marine LNG Symposium Sept. 30 and the Fleet Optimization Conference & Exhibition Oct. 1-2.
Brazil Iron Ore Terminal will Start This Year
Trading firm Trafigura and Abu Dhabi sovereign wealth fund Mubadala said on Thursday their Brazilian port for exporting iron ore will start this year, in response…
GMS Applauds Hapag-Lloyd's Recycling Move
Global Marketing Systems, Inc (GMS) has welcomed the announcement that German owner, Hapag-Lloyd, will no longer sell vessels to recycling yards that do not comply with strict environmental regulations and guidelines. Dr. Dr. Sharma advises caution, however, in managing what is effectively a whole new way for the industry to do business. “At this early stage, shipowners must target their custom towards recycling yards in all areas of the world, including India, China and Turkey.
MOL Bulker is the First Built with Safer Hull
Mitsui O.S.K. Lines, Ltd. (MOL) announced the world’s first use of highly ductile steel plate NSafe-Hull, developed by Nippon Steel & Sumitomo Metal Corporation on a merchant vessel. The ship featuring this new safety-enhancing feature, a large-size bulk carrier, was launched on August 2. The NSafe-Hull’s highly ductile steel reportedly absorbs side impact to the hull three times more effectively than conventional steel plate…
TUI AG Eyes IPO, Sale of Hapag-Lloyd
TUI AG is still open to a sale or flotation of its stake in container shipping company Hapag-Lloyd , its management said on Thursday. "Whichever comes first at a decent price…
Brent Crude Falls Below US$104
Brent crude fell below $104 a barrel on Thursday, after briefly bouncing off a 13-month low the previous day, on ample supplies and concerns about weak demand despite…
New TOTE Containership Receives MAN Turbochargers
The 3,100-teu container ship ordered by American marine transportation company TOTE, will be powered by an all-MAN package including main engine, auxiliary engines and turbochargers
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NASCO Win AEU Longshoreman Safety Award
The North America Stevedoring Company (NASCO) division (Chicago) of Quebec Stevedoring says it has received a coveted award under the American Equity Underwriters Inc. (AEU) Safety Award Program.
Boskalis Post Record H1 2014 Profits
Despite what it describes as 'challenging market conditions' Royal Boskalis Westminster N.V. posted record profits in the first half year ended 30, June 2014. The…
Honolulu - Neighbor Port Cargo Volumes Flat
Young Brothers, Limited informs that intrastate cargo shipments between Honolulu and six neighbor island ports finished basically flat, experiencing a slight increase…
COSCO Zhoushan to Build Two Panamax Bulkers
COSCO Corporation (Singapore) says that its subsidiary COSCO (Zhoushan) Shipyard has secured a contract valued over USD56 million from an Asian buyer to build two 64,000 dwt bulk carriers.
Panama Canal Simulated Defence Exercise PANAMAX
Leaders of the maritime component of PANAMAX 2014 have paused about halfway through the exercise, to assess its benefits so far, informs U.S. Naval Forces Southern Command/U.S.
Great Barrier Reef Eco-Outlook 'Poor'
A report from Australia's Great Barrier Reef Marine Park Authority finds the greatest risks to the Reef are still climate change, land-based run-off, coastal development…
USCG Assists Ferry Near Scituate, Massachusetts
Coast Guard rescue crews assisted the crew and passengers aboard the Provincetown IV Ferry, which was disabled near Scituate, Massachusetts, Wednesday. Watchstanders…
SW England Gets £10-M Port Transport Boost
UK's Department of Transport informs that Transport Secretary Patrick McLoughlin has announced a £10 million package to improve sea links between Cornwall and the Isles of Scilly…
ABB to Supply Cable for Offshore Wind Farm Extension in the UK
ABB, the leading power and automation technology group, has won an order worth around $30 million from DONG Energy, a leading wind power development company, to…
JAXPORT Logistics & Intermodal Conference
Organizers of Jacksonville Port Authority's (JAXPORT) biennial 'Logistics & Intermodal Conference' have released the list of panel topics for discussion at the upcoming 2015 conference.
SCI Back in the Black
The Shipping Corporation of India Limited (SCI), the largest Indian Shipping Company has reported a net profit of Rs. 49.50 crores for the quarter ended 30.06.2014. This is against the loss of Rs.