British Security Initiative Targets Marine Theft
The British Marine Federation has partnered with security experts Datatag to help owners avoid theft of marine outboards. At the CWM FX London Boat Show today, the two organizations announced a new security initiative called COMPASS; the Combined Official Marine Property and Security System as a technological answer to the issue of theft addressing one of the key weak areas the marine market has which criminals are exploiting ā identity.
Custom Ro-Pax Delivered in China
The first Ro-Pax cruiser designed and built in China for the Chinese market has entered into service on January 1, 2015. The ship, named San sha No. 1, can carry wheeled cargo, containers, trailers as well as passengers, and was delivered to China's southernmost city Sansha in Hainan Province to tackle the city's lack of transportation capacity. The vessel is a conventional propulsion Ro-Ro Passengerā¦
Great Lakes Towing Announces Two New Hires
The Great Lakes Towing Company has hired two new employees within its Great Lakes marine operations group. Lindsay R. Dew has been named Director of Operations & Compliance, and Mark W. Delventhal has been named Director of Technical Services & Business Development ā both reporting to Gregg Thauvette, Vice President ā Operations and working in The Companyās Cleveland offices. Dew will assume combined responsibility for all day-to-day operations of the towing businessā¦
Catamaran Passenger Ferry Delivered to Explore NZ
A new 26-meter catamaran passenger ferry vessel, D6, has been delivered to Explore Group NZ, designed by Incat Crowther and built by Aluminium Marine in Queensland. The vesselās construction began a spec build before being earmarked by the operator as a potential vessel for their Dolphin Discoveries operations. A close collaboration between designer and builder allowed the vesselās design to be modified to suit Explore Groupās requirements with minimal impact to budget and schedule.
Hapag-Lloyd CEO: No Rush to IPO
German container shipping group Hapag-Lloyd will focus on integration of Vapores , the Chilean firm with which it is merging, and a return to profit before pressingā¦
U.S. Oil Traders Storing W.African Crude
Glencore, Suncor, ENI, Vitol all booking tankers; U.S. crude oil stocks at highest ever level for time of year. Traders are shipping West African crude to the Unitedā¦
Outlook for India's Seaborne Dry Bulk Trade
Hinode Maritime Conferences have announced their "2nd Annual Conference on the Outlook for India's Seaborne Dry Bulk Trade". Considered the largest conference inā¦
West Coast Ports "Approaching Gridlock"
The U.S. is experiencing delays at some major ports due to congestion and labor issues, with the Pacific Maritime Association (PMA) warning that operations at theā¦
MacGregor Wins Fujian Southeast Shipyard Contract
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore supportā¦
US Patent for OSMR Technology
Liquefied Natural Gas Limited informed that the United States Patent and Trademark Office has allowed a patentā¦
Seapilot Unveils Navigation APP for Android Devices
Seapilot, the recreational brand of True Heading NSA and leading manufacturer of recreational Automatic Identification System (AIS) solutions and app navigationā¦
Seanergy Maritime to Acquire Capesize Vessel
Seanergy Maritime Holdings Corp. while announcinbg their financial results for the third quarter and nine months ended September 30, 2014 informed that they planā¦
Inmarsat Debuts Enhanced Maritime Product Roadmap
Inmarsat today announced its enhanced Maritime product roadmap consisting of two new services designed specifically for Inmarsatās Global Xpress network: Fleet Xpress and FleetBroadband Xtra.
Brits Welcome Chinese Navy Fleet
As the largest Chinese Navy fleet visit Britain began a five-day official visit at Royal Naval Base in Portsmouth, United Kingdom, an ecstatic welcome was given by localsā¦
Hyundai Merges Offshore and Plant Divisions
To improve efficiency Koreaās Hyundai Heavy Industries (HHI) announced its intention to merge its plant division into the offshore business. The world's biggestā¦
COSCOL Profit Jumps
Shanghai Stock Exchange-listed COSCO Shipping Company Limited (COSCOL) says its profits shot up 491% year on year (y/y) to CNY193M ($31M) in 2014. Revenue improved 3% year-on-year.
USS Makin Island Visits Singapore
The amphibious assault ship USS Makin Island (LHD 8), embarked with Amphibious Squadron Five and 11th Marine Expeditionary Unit (MEU) arrived in Singapore today (Jan. 16) for a scheduled port visit.
Pakistani Ship breakers Lauds 15% Duty on Import
Welcoming the latest policy, Ship breakers in Pakistan defended the imposition of 15% Regulatory Duty (RD) on the import of all steel billets, steel bars and wire rods.
Shell, GDF Take Stakes in Floating LNG Terminal
Europe's largest oil company Royal Dutch Shell and French firm GDF Suez are likely to take 26 percent stake each in GAIL India Ltdās proposed āfloating LNG importā¦
Falling Oil Prices Help Boost Braemar Revenues
Braemar Shipping Services said its ship broking division saw an improvement in its performance during the last quarter. The merger in July with smaller rival ACMā¦
