Baltic Index Edges Higher on Capesize Gains
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the second consecutive day on Friday on higher…
Dive Inspection Continues on Lysblink Seaways
The dive inspection on behalf of the salvors will continue today on the cargo ship Lysblink Seaways that ran aground Wednesday near Ardnamurchan Point in the west Highlands, and is now anchored close to the location of the grounding, the U.K. Maritime and Coastguard Agency (MCA) reported. The 120-meter-long vessel is stable, though still leaking a small amount of oil, after self-floating just before 9 last night from the foreshore at Kilchoan.
L-S MSI to Exhibit at Cruise Shipping Miami
L-3 Marine Systems International (L-3 MSI) will showcase a range of systems and services for cruise ship operations, including automation, integrated navigation, dynamic positioning, onboard entertainment and drive systems, in Hall C, Stand 1931, at Cruise Shipping Miami, March 16-19. L-3 noted that its highlights will include live demonstrations of the advanced NACOS Platinum series. Also featured…
Spain's First Pure-Gas Marine Engine
Rolls-Royce has signed a collaboration agreement with Spanish energy company Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Baleària-operated ferry Abel Matutes. According to Rolls-Royce , the contract gives the company its first reference for a pure-gas engine installation on a European-flagged ferry operating outside of Norwegian waters. The 29,670 metric ton ROPAX ferry…
Australia Outlines Submarine Acquisition Strategy
The Australian government announced its acquisition strategy for the Future Submarine Program, setting out further details of the competitive evaluation process…
Union Rejects Oil Refinery Contract Offer
Union negotiators on Thursday rejected the latest contract offer from oil companies and said the largest U.S. refinery strike since 1980 may spread to more plants…
BP Bid to Cut Gulf Spill fine Denied
A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially…
West Coast Port Talks Break Without Settlement
Shipping executives and union leaders for dockworkers at West Coast ports ended a third day of contract talks presided over by the U.S. labor secretary late on Thursday without reaching a settlement…
Songa Offshore Sees Tough Year but Narrows Losses
Q4 operating loss $6.8 mln, against expected $7.3 mln loss. Norwegian rig company Songa Offshore expects a challenging 2015 amid fierce competition for fewer contracts…
UK Inks Design Contract with BAE
Britain agreed an 859 million pound ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue with the…
Conference on Legal Issues Relating to Shipping
Hinode Maritime Events informed that it is organizing a "Conference on Legal issues relating to Shipping". It is scheduled to be held on Tuesday, March 10, 2015 in the Centrum…
USCG, Navy Continue Search for Student Overboard in Pacific
The Coast Guard and Navy are continuing the search for a student reported overboard from a Japanese training vessel approximately 70 miles southwest of Kauai, Tuesday.
Kalmar Completes AGV Project at PSA Singapore
Kalmar, part of Cargotec, has successfully completed the project to supply the onboard navigation application for four automated guided vehicles (AGVs) to PSA Singapore.
Lowrance Support for Power-Pole Shallow Water Anchors
Lowrance announced the upcoming software update for the HDS Gen3 fishfinder/chartplotter series — enabling wireless compatibility with the complete line of C-Monster compatible Power-Pole products.
Asian Maritime Battle Heats Up
New satellite imagery reveals Chinese advances in ongoing land reclamation project in the South China Sea, reports The Australian. Intensifying concerns about Beijing’s territorial ambitions…
Japan, China to Resume Maritime Talks
Japan and China plan to resume security talks with focus on maritime issues as early as April after a four-year hiatus amid simmering tensions over territorial disputes, AFP reports.
Gail Scraps $7-billion LNG Ship Tender
Gail India Ltd has scrapped a tender that would have led to the construction of three massive liquefied natural gas (LNG) carriers at Indian shipyards. After postponing…
Japan-EU Ties for Anti-Piracy
Japan and the European Union are strengthening antipiracy cooperation in the Gulf of Aden off Somalia, helping an international mission to reduce the number of attacks…
Norway-India Partnership in Polar Research
India and Norway closer to one another in questions related to Polar Research and a new proposal for polar research co-operation is on the anvil, reports Press Trust of India.
Colombian Ports Mull Expansion
The container and gross tonnage handling across all Colombian ports will undergo expansion in 2015, cementing a return to growth following a 2013 downturn, says BMI’s Colombia Shipping Report.