Rolls-Royce to Power Zhuhai Ferries
Rolls-Royce has been selected to supply waterjets and high speed MTU diesel engines to power two new aluminium catamaran fast ferries for Chinese ferry operator Zhuhai High-Speed Passenger Ferry Co Ltd. The ferries will be some of the first to feature the highly efficient Rolls-Royce Steel S71-4 waterjets signifying the company’s growing presence in the marine market of South China. Richard Wang, Rolls-Royce…
Dutch Chief Mate Sentenced for Fatal Collision
Gerardus Chapel, the chief mate at the helm of the dredger that collided with a sailing yacht at the entrance to the River Orwell in Suffolk last summer, has received a six-month sentence.
Tall Ship Docked for Repairs
The largest brig to be built in the U.K. in a century sailed into in a Greenock dry dock yesterday for general maintenance and essential winter repairs. The Stavros S Niarchos has arrived at the Garvel Clyde site, which is owned by Aberdeen-based Dales Marine Services, after a Liverpool to Glasgow youth voyage by the Tall Ships Trust. The sail training vessel, which has an 18th Century-designed brig with 18 sails on two masts and was commissioned in 2000…
UK's Dragon LNG Port May Have Booked Two Cargoes
Britain's Dragon liquefied natural gas (LNG) import terminal shows only two unused import slots available over the next 13 days, compared with four slots advertised earlier this week…
CGG to cut Vessel Fleet Further
French seismic group CGG said on Thursday it would further cut its fleet of seismic vessels after declining demand from oil and gas clients hit by the falling oil…
Port of Seattle Hires Director of Strategic Initiatives
Port of Seattle CEO Ted J. Fick appointed Dave Caplan as a member of the port’s executive team as director of the new Office of Strategic Initiatives. Caplan will be responsible for exploring, developing and implementing initiatives to support performance within organization. He will work to ensure the port’s metrics are aligned with strategies, that programs support a high performance organization, and that the LEAN philosophy is incorporated into all aspects of the port’s business processes.
Atlantic Gas Swings Keep LNG Traders Guessing
MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather and…
Greek Banks Mull Cutting Shipping Portfolios
Greece's leading banks are considering offloading part of their portfolios of shipping debt worth billions of dollars in a bid to shore up their capital, according…
Christensen, Farren Join Port of Long Beach
The Long Beach Board of Harbor Commissioners this week appointed port industry veterans Michael Christensen and Glenn Farren to newly created management positions…
Aker Philadelphia to Pay Dividend
The Board of Directors of Aker Philadelphia Shipyard ASA yesterday resolved to pay a dividend to the shareholders of AKPS as of expiry of 3 March 2015, of USD 0.25 per share…
Philly Tankers Lines Up Charters
Philly Tankers AS announced today that its wholly owned U.S. subsidiary, Philly Tankers LLC, has entered into binding long-term time charter contracts with a domestic end-user for the two 50…
SCI's Worldwide Agents Meet
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet…
Ulstein Verft Delivers 'Blue Queen’
On 24 February 2015, ‘Blue Queen’ a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first of…
Maersk Posts Record Profit Despite Pressure in Shipping Rates
Maersk Line has reported a profit of $2.3bn for 2014 a 50% increase over the previous year, and expects a higher result in 2015, though the shipping rates remain under pressure.
Europe Should Resume Shipbuilding
In the EU journal Parliament, Portuguese Member of European Parliament João Ferreira has proposed a five-point plan to stimulate growth in the EU shipbuilding industry.
North Korea Reflags Ships to Evade Sanctions
A North Korea shipping company has been renaming and reflagging its vessels so it can evade an arms embargo, a UN report has said. The effort by Pyongyang-headquartered…
Asia: LPG Shipping and LNG Pricing
While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are…
JNPT Plans Parallel Port
State-run Jawaharlal Nehru Port Trust (JNPT), India’s busiest container gateway near Mumbai, is planning to build a satellite port in one of the three locations…
Indonesia Upbeat Ahead of IORA Chair
Indonesia is gearing up to turn its foreign policy focus westward when its role as Indian Ocean Rim Association (IORA) chair begins later this year, reports Jakarta Post.
Coast Guard Holds Cargo Ship in Unalaska
The U.S. Coast Guard (USCG) has detained Lindavia, a cargo vessel arrived from China, in Unalaska due to alleged environmental crimes, reports Alaska Public. According to Kevin Feldis…
