Damen Delivers First of New Tug Class
Damen Shipyards Group has delivered the first vessel in its new ASD Tug 2913 class. According to Damen, the 2913 has been developed in response to demand from operators for more powerful tugs capable of handling today’s larger vessels. As well as having a bollard pull of 80 metric tons and total power of 5,050 BKw, the new tug is 29 meters in length and highly maneuverable, making it suited for operations in busy harbors where space is limited.
Holland Shipyards Selects ShipConstructor
Holland Shipyards has selected SSI's ShipConstructor software for its new shipbuilding activities. Holland Shipyard undertakes newbuilding, repair and conversion of small and medium-sized vessels.
Five Dead, Four Missing in Brazil FPSO Explosion
An explosion aboard a BW Offshore's oil and gas production vessel in Brazil has killed five people and four workers are still missing, the firm said in a statement on Thursday.
First Oil tanker Libya's Hariga Since Strike, Storm
An oil tanker has docked at Libya's port of Hariga for the first time since security guards ended a strike this week and a storm passed, a port official said on Thursday.
E.ON, Mitsui Ink LNG Transport Deal
E.ON has struck a deal with Japanese shipping group Mitsui OSK Lines LTD (MOL) to transport liquefied natural gas from the United States, the German utility said in a statement on Thursday.
EU to Reimpose Sanctions on Iranian Tanker Firm
European Union governments are expected to agree later on Thursday to put the National Iranian Tanker Company (NITC) back on a list of sanctioned firms, EU diplomats said.
Sembcorp Marine: Sete Brasil Owes Drillship Payment
Sembcorp Marine Ltd is owed S$70-80 million ($51-$59 million) from Sete Brasil related to drillship orders, its chief executive said on Thursday. Sembcorp Marine…
White House Intervention Sought in West Coast Port Dispute
“The continued intransigence by labor and management to reach a new contract is unacceptable. Retailers and the rest of the supply chain are frustrated beyond belief. “The slowdowns need to end.
Cleanup Continues at Shell Wharf
The cleanup and response operations continue for oil released at the Shell Wharf in Martinez, Wednesday. Assessments conducted throughout Wednesday continue to show…
Maersk Mulls Port of Tema Expansion
Maersk Group is committed to support the expansion of the Port of Tema to the tune of US $1.5 billion, says Nils Smedegaard Andersen, Chief Executive Officer of Maersk Group.
Malaysia: Westports’ profit up despite lower revenue
Westports Holdings Bhd’s net profit jumped 6.6% to $38.54mln for its fourth quarter ended Dec 31, 2014, resulting in a record 12-month net profit of $141.2 mln for the port operator.
ABN Amro-Sinosure MoU for Shipping
Dutch bank ABN Amro and China Export & Credit Insurance Corporation (Sinosure) have signed a memorandum of understanding (MoU) to develop business in the ship building sector.
Liquefaction – Potential Dangers of Bauxite
The recent total loss of the "Bulk Jupiter", which capsized and sank off Vietnam, prompted marine insurers to issue warnings about the risk of shipping bauxite in…
Steel Cutting Ceremony for Otto Offshore Newbuild
On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s…
China Shipping Development Orders Four VLCCs
Hong Kong unit of China Shipping Development, the oil and dry bulk shipping arm of state conglomerate China Shipping Group, has booked four very large crude carriers (VLCCs) at a compatriot yard.
Shreyas Sails Back to Black on Shipping Growth
Shreyas Shipping and Logistics rebounded to a US $3.6 million net profit in the third fiscal quarter from a net loss of about $468,000 in the same period in 2013…
CMA CGM Enhances Investment in Startup TRAXENS
The CMA CGM Group has contributed to the TRAXENS startup capital increase. Two other investment funds – CAAP Création (Crédit Agricole Group) and S.C.R. Provençale…
Indonesia Mulls Regional Maritime Partnership
Militaries ASEAN countries should join and get more involved in maritime and naval cooperation, to cope with threats to the sovereignty of each country, Gen. Moeldoko…
China holds Maritime Silk Road seminar
A two-day international seminar on beefing up maritime trade infrastructure in Asia opened on Wednesday in southeast China's Quanzhou City in Fujian Province. Since…
Wärtsilä DF Engines for Icebreaking LNG Carriers
Five new Arc 7 design ice-class LNG carriers being built at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea will be powered by a total of 30 Wärtsilä 50DF dual-fuel engines.