Design & Operation: Wind Farm Support Vessels
Offshore wind farm development has been led globally by the UK, followed by Germany. Both countries have governments with long term commitments to renewable energy. Denmark, Belgium and The Netherlands are building wind farms, but they are a long way behind the leaders in offshore wind. In 2014 the UK accounted for over 50% of all the offshore wind energy generated globally. All of these countries border the North Sea…
New Ship Continues Atlantic Offshore's Fleet Modernization
Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million. Ocean Falcon, a new Class A Multi Role and Emergency Response and Rescue (MRV/ERRV) vessel, is to be christened at a ceremony at Aberdeen harbor before commencing a contract with a major U.K. operator. Atlantic Offshore Rescue will provide emergency recovery…
Crowley’s 2nd LNG ConRo Ship Ahead of Schedule
Shipbuilder VT Halter Marine, Inc. announced construction has started early for the second liquefied natural gas (LNG)-powered ConRo ship, Taíno, for Crowley Holdings, Inc. Taíno’s steel cutting ceremony was held May 27 at VT Halter’s Pascagoula, MIss. facility, following the start of construction for sister ship, El Coquí, in October 2014. Both ships are being built for Crowley Maritime Corporation, with deliveries scheduled for mid and late 2017.
Overnight Cruise Ship Visits Suspended in White Bay
The New South Wales (NSW) Port Authority has suspended all overnight cruise ship visits to White Bay until the NSW Environment Protection Authority (EPA) has regulated…
Frontline Beats Q1 Forecasts, Inks Ship Finance Deal
Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with chartering…
Thailand: 300 "boat people" Landed in Recent Weeks
Around 300 "boat people" have landed on Thailand's shores in recent weeks, Sek Wannamethee, director-general of the information department at Thailand's Foreign Ministry, said on Friday.
U.S.: China Placed Artillery on Reclaimed Island
The United States said on Friday that China had placed mobile artillery weapons systems on a reclaimed island in the disputed South China Sea, a development that Republican Sen.
Asia-N.Europe Box Rates Hit 6-Year Low
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 23 percent to $342 per 20-foot container (TEU) in the week ended on Friday…
Kalmar to Debut its latest at TOC Europe Exhibition
Kalmar, part of Cargotec, will introduce yet another port industry first during the upcoming TOC Europe exhibition in Rotterdam, the Netherlands. On 9 June, ONE is coming.
SENER holds a FORAN seminar in Wuhan, China
The ‘FORAN new modules, new functions and FEM-Link (Hypermesh) Seminar’ was held on April 23rd in Wuhan. SENER is playing a big role in China, where it has been…
L.A., Long Beach Create Supply Chain Working Groups
Seeking new supply chain efficiencies, the ports of Los Angeles and Long Beach have announced the creation of working groups focusing on peak operations and terminal…
Adm. Swift Takes Command of Pacific Fleet
Adm. Scott H. Swift returned to his home state and relieved Adm. Harry B. Harris Jr. as commander of the U.S. Pacific Fleet during a change of command ceremony on Joint Base Pearl Harbor-Hickam…
ISS, Brightwell Introduce Onboard Cashless Payment System
Inchcape Shipping Services (ISS), the world-leading marine, cargo and supply chain solutions provider, has teamed up with Brightwell Payments, Inc. to introduce…
Lerwick Port Promoting Shetland Fishing Industry
The importance of investment in the Shetland fishing industry has been highlighted today by Lerwick Port Authority Chief Executive, Sandra Laurenson. The industry – white fish…
Germany Looking to Dock Submarine Deal with India
The German Defense Minister Ursula von der Leyen is visiting India lobbying for the purchase of German Stealth Submarines and European military hardware, say local media.
Hoegh LNG's Bond Issue
Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020.
Rieber offloads Polar Prince
GC Rieber Shipping has entered into an agreement to sell subsea vessel "Polar Prince", which the company had built in 1999. The transaction gives GC Rieber Shipping…
Indian Navy Monitoring Activities of China
Amid increasing Chinese presence in the Indian Ocean region, Navy Chief Admiral R.K. Dhowan said that Indian Navy “minutely” monitors the activities of its Chinese counterpart in the region…
NordLB Back to Profit
Although the crisis is not over in all segments, Germany's second-largest marine lender, Nord LB, said its shipping loan portfolio turned a corner in the first quarter…
Navios to Expand Fleet with Two VLCCs
Monaco-based tanker owner and operator Navios Maritime Midstream Partners (NAP) plans to launch syndication of a USD 205 million Term Loan B to finance the purchase…
