SDARI Inks Agreement for INTERSCHALT Loading Software
INTERSCHALT maritime systems AG, a maritime software and services provider of loading computers on board containerships, signed a cooperation agreement with the Shanghai Ship Research and Design Institute (SDARI) in Shanghai for the provision of MACS3 loading software for containerships, bulk carriers and tankers built in Chinese shipyards using SDARI designs. MACS3 provides INTERSCHALT with an approx. 65% market share of the approx. 6,000 container ships currently in existence worldwide.
Strong Tanker Market Extends Peak Season High Earnings
Tanker earnings for crude oil tankers have climbed to new strong levels in the first quarter of 2015, with averages not seen since 2008, the Baltic and International Maritime Council (BIMCO) reported. The demand for crude oil tankers remains high even though the winter months are far behind us. Following the winter peak season of 2013/14, crude oil tanker earnings collapsed and remained low during spring, before rebounding over the summer.
SCHOTTEL to Present Inland Offerings
SCHOTTEL will present its expertise to the U.S. inland market at the upcoming Inland Marine Expo in St Louis, June 15-17, 2015: strong push boats in Brazil, big cargo vessels in Russia and comfortable river cruise vessels in Europe - recent projects prove the competence of German Rudderpropeller manufacturer SCHOTTEL on inland waterway propulsion. The Paraguay-Paraná river system extends over 2,500 kilometers and is characterized by alterations of the rivers' flow…
Port of Ngqura’s New Automated Mooring System
The automated mooring system at the Port of Ngqura in South Africa’s east coast is poised to improve port efficiency and safety, cementing the deep water port’s position as a leading transshipment hub for the Sub-Saharan region. The system comprises 26 mooring units, the last of which arrived at the port in March 2015. “Procured from global engineering group, Cavotec, the mooring units were designed…
Fifty Mali Migrants Among Hundred Drowned in Med
At least 50 Malians from the impoverished region of Kayes were among up to 900 migrants who drowned trying to cross from Libya to Europe this weekend, the government said on Friday.
Asia Tankers-VLCC Rates Soar
Middle East VLCC rates hit $69,500 a day; daily VLCC rates average $51,000, highest since 2008 (Clarkson). Rates for very large crude carriers (VLCCs) on a key Asian…
UN Cautiously Optimistic with EU Migrant Plan
In a statement issued in Geneva, the UNHCR called on the EU to focus on saving lives and facilitating access to protection in Europe through other legal channels.
BHP Billiton Commemorates the Anzac Legacy
On the 100th anniversary of the Anzacs’ landing at Gallipoli, BHP Billiton has honoured the contribution of serving Australians and New Zealanders past and present…
Hanjin’s Subic Shipyard Wins Bid for Six Boxship
HANJIN Heavy Industries & Construction (HHIC)-Phil’s Subic Shipyard hit the jackpot bids. On April 20, the company said that it signed a deal to build six 11,000…
Salvage and Wreck Removal Conference
HINODE Events and Services Pvt Ltd., have announced the 4th Annual Conference on Salvage and Wreck Removal in India to be held on Wednesday, July 8, 2015 at Visakhapatnam on India's East Coast.
General Mills Strategically placed in Port Salford
General Mills UK & Ireland – responsible for a range of market-leading brands, including Old El Paso, Green Giant, Betty Crocker and Nature Valley – is to be the…
Technip dividend FY 2014
At the Annual General Meeting, held today, Technip’s shareholders approved the proposed €2.00 per share dividend for the 2014 financial year and decided to offer…
ABB wins Brazil $30 mi Wind Farm Order
ABB has won orders worth around $30 million from Casa dos Ventos, a leading renewables company in Brazil, to provide substations and related power infrastructure…
MHI to Shift Operations from Yokohama Kanazawa
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have decided on a policy to transfer operations currently performed at…
Huat Retires as Non-Ex Dir. of ST Engineering
Singapore Technologies Engineering Ltd (ST Engineering) today announced the retirement of Mr Quek Poh Huat as non-executive Director of the Company at its Annual General Meeting on 23 April 2015.
USCG Responding to Vessel Aground in St. Marys River
The Coast Guard continues to monitor the 603-foot bulk carrier Mississagi which ran aground in the St. Marys River near De Tour Village, Michigan early Wednesday.
GOST System Tracks Stolen Boat in Abacos
GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced…
Navios Buys 14 Distressed Ships from HSH Nordbank
Navios Group has agreed to acquire another 14 vessels from HSH Nordbank in the second major distressed fleet deal between the two parties in the past two years.
MOL Orders Four Car Carriers
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a contract covering construction of four next-generation "FLEXIE" car carriers at Minaminippon Shipbuilding Co., Ltd.
Iranian Ships Turn Away from Yemen
An Iranian convoy, believed to be carrying weapons destined for the Houthi rebels in Yemen, turned around and is headed north towards home country, WSJ quoted as U.S. defense officials saying.
