Tanker Chief Officer Medevaced off Mumbai
Continuing with the series of search and rescue operations undertaken and coordinated by Coast Guard Western Region in last two days, the Indian Coast Guard undertookā¦
Star Bulk Sells Star Christianna
Star Bulk Carriers Corp., a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Christianna (a 74ā¦
Vancouver Shipyard Starts Building First NSPS Vessel
The Honourable Diane Finley, Minister of Public Works and Government Services Canada, joined by Andrew Saxton, Member of Parliament for North Vancouver and John Westonā¦
Liebherr Cranes for Port Lafito
GB Group announced that Port Lafito welcomed the arrival of two new Liebherr LHM 420 mobile harbor cranes that are now fully operational. The cranes aim to boostā¦
IRClass Raises Focus on Offshore
Classification society and IACS member Indian Register of Shipping has established an āIndia and Offshore Advisory Committeeā with a vision to raise the profileā¦
Mercator Acquires Two Dredgers
Mercator Limited announced that it is expanding its dredging business by adding two more Dredgers to its fleet. Mercator,India's largest Marine and Energy group with businesses in Oil & Gasā¦
Maersk Line to Stay at Houston Port
The worldās biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, has agreed to continue to call at the Port of Houston after APM Terminalsā¦
Indian Navy, Coast Guard Save 14 From Sinking Vessel
In a swift response to an SOS from a distressed offshore coastal vessel, the Indian Navy and Indian coast guard rescued 14 people from the crew of the Indian flag cement carrier shipā¦
Varun Splits into Two
Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announcedā¦
Obama Raises Maritime Concerns with China
US President Barack Obama urged Beijing to take "concrete steps" to ease tensions over maritime claims, as America and China wrapped up three days of candid talks, reports AP.
Globus Maritime Reports Q1 Loss
Greece-based dry bulk shiping company, Globus Maritime has been pushed back into the black by miserable dry bulk rates, but the company has said that it is awaiting market improvements within 2015.
China Wants Stronger Maritime Emissions Regulations
China's government is moving forward with plans to bring in legislation to control emissions from ships as the country looks to reduce air pollution, state media Xinhua said.
Officer Shortage in Shipping
The international shipping industry will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleetā¦
Oilās Downward Spiral Stalls LNGās Ascent
As industry embraces gas, emissions regulations loom large and bunker logistics options develop, LNGās fortunes nevertheless get a boost. For every gleeful consumer at the pump, and stockpiling tanker anchored offshore, thereās a corresponding trail of businesses that are struggling to ride out the worst price drop in crude since the mid-1980s. As oil giants slash CapEx, Halliburton and other industry players layoff thousands and record numbers of oil rigs go offlineā¦
Baltic Dry Index Climbs to an All Year High
The dry bulk market has been devastating so far in 2015. However, June has somehow reversed it all in less than three weeks if judged by the Baltic Dry Index (BDI). June has delivered what May was unable to ā keeping the momentum going. Since the drop in January, we have seen the BDI average at 576 for the four months of February to May. In contrast to that the BDI stand at 829 on 24 June 2015. According to data from Commodore Research, Chinese iron ore fixtures hit an all-year-high in mid-May.
MN100 Edition Deadline Fast Approaching
The August 2015 edition of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operatorsā¦
PPG Unveils NOVAGUARD 810
Solvent-free product offers a single-coat solution for rapid cure and return to service, suitable for a wide range of oil products and chemical cargoes. PPG Protective and Marine Coatings has unveiled NOVAGUARD 810, a specialized tank storage coating which provides outstanding resistance to a wide range of chemical and oil products. The solvent-free coating minimizes application hazards and is equally suited to the lining of new tanks and the refurbishment of existing ones.
VARD Acquires ICD Software
Vard Holdings Limited (VARD) has announced that through its subsidiary Seaonics, it has acquired ICD Software, a leading provider of automation and control systemā¦
Viking Delivers Response 35ā Tri- Landing Craft
After a protracted procurement process Viking has delivered a high speed, high capacity landing craft to Palm Beach County, FL. Originally specified as a catamaran, the final design by Response Marine is more of a tri-hull as the center hull was enlarged and the bridge span lowered in order to accommodate the required loading range without increasing draft. According to Response Marineās Bill Lincolnā¦
Wave Piercing Cat Utility Craft Delivered to Nigeria
Incat Crowther has announced the delivery of Benreoch, a 30m Wave Piercing Catamaran Utility Craft built by Veecraft Marine in Cape Town, South Africa. The vessel was developed specifically for crew transfer to offshore platforms in Nigeria. At 30.3m in length and 8.5m in beam, Benreoch is 2.7m longer and 1m wider than her predecessors, Topaz Zenith and Topaz Zephyr. The larger platform has been used to increase the aft working deck capacity, with a 53m2 cargo area and rescue boat and crane.
