Containership Reliability Reaches New High
Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight , the online schedule reliability tool provided by Drewry Supply Chain Advisors. The previous best since Drewry’s new data series started in May 2014 was achieved in…
APL Introduces New Service in the Americas
APL introduced a new weekly service aimed to enhance its network coverage in the Americas. The new America Caribbean Express (ACX) service, which links Central America and U.S.
US Builder Secures Wind Farm Supply Vessel Order
Rhode Island based shipbuilder Blount Boats signed a contract with Rhode Island Fast Ferry for the construction of a crew transfer vessel (CTV) that will operate for Deepwater Wind Block Island, the shipbuilder announced today. The 21-meter aluminum vessel was designed by South Boats IOW (Isle of Wight), a company that has designed and built approximately 85 CTVs for the European Offshore Wind Sector.
Pipeline Breaks on Calif. Coast
A pipeline ruptured along the scenic California coastline on Tuesday, spilling some 21,000 gallons (79,000 liters) of oil into the ocean and on beaches before it could be secured, a U.S.
Iran to Allow UN Inspection of Yemen Aid Ship
Iran will allow the United Nations to inspect an aid shipment to Yemen, the ISNA agency quoted Deputy Foreign Minister Hossein Amir Abdollahian as saying on Wednesday.
Trafigura Fixes 6 Voyage Charters from Golar LNG
Swiss trader Trafigura has taken up to six liquefied natural gas (LNG) vessels from Norwegian shipping company Golar LNG, likely on a single-voyage basis to transport cargoes…
Iran Ship to Red Sea Could spark Yemen Showdown
An Iranian cargo ship heading to Yemen is expected to cross into the Red Sea on Thursday, state news agency IRNA reported, amid fears of a showdown with Saudi-led…
Investing in Unsustainable EU Fishing is Risky
Recent changes to EU fishing and seafood legislation means that the financing of fishing operations reliant on overexploited stocks, or the use of destructive or…
Damen-built Tug RT Evolution Christened
On May 18th, 2015, the Damen-built ART 80-32 Hybrid RotortugRT Evolution was named at the Greenwich Ship Tier in London during the cocktail reception of ‘Tugnology Conference’.
Ensco plc Announces Cash Dividend
Ensco plcannounced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.15 per Class A ordinary share payable on 19 June 2015.
Polar Science Gets a Boost From EU
The €2 million five-year EU-PolarNet programme brings together 22 of Europe’s internationally-respected multi-disciplinary research institutions to develop and deliver…
AVEVA, Aker Solutions Ink Deal for AVEVA Everything3D
Cambridge, UK: AVEVA today announced that it has entered a multiyear agreement with Aker Solutions for AVEVA Everything3D (AVEVA E3D™). The Norwegian oil service…
MacGregor Promotes Graduate Development with University Partnership
MacGregor (GBR) Ltd has established a new relationship with Robert Gordon University in Aberdeen by providing work placements that support the career development of graduates.
Austal Launches USNS Brunswick
Austal launched the recently christened USNS Brunswick (JHSV 6) at its manufacturing facility in Mobile, Ala. With the 338-foot Joint High Speed Vessel entering the water for the first time…
LNGL Raises A$174 mi for N. American Projects
Liquefied Natural Gas Limited announced the placement of 40 million fully paid ordinary shares in the capital of LNGL, which has raised A$174 million before costs (Placement).
Schaffner EMC's New Literature on ECOsin Active harmonic filters
Schaffner EMC introduces new literature detailing the company’s ECOsin Active harmonic filters with Germanischer Lloyd approval. This proven technology injects corrective…
Norwegian Cruise Ship Ran Aground off Bermuda
The Norwegian Dawn cruise ship with more than 3,700 people on board ran aground in Bermuda after the vessel temporarily lost power. Small boats, divers and tug boats…
World’s Greenest Containership Comes under Malta Flag
MV Barzan, a vessel recognized as the world's most environmentally friendly ultra-large container vessel, has been registered on the Malta flag. MV Barzan is one of 17 (11 x 15…
BP, Sinopec JV for Marine Fuel
British oil major BP and China’s Sinopec Fuel Oil have formed a marine fuels bunkering joint venture (JV), BP Sinopec Marine Fuels Pte Ltd. Under the deal, the 50-50 percent joint venture…
Bazil's Vale, China's CMES Sign VLOCs Agreement
Brazilian mining giant Vale and the China Merchants Group (CMES) signed an expanded framework deal for strategic co-operation on iron ore shipments. Vale has agreed…
