Outlook Bright for Freight Forwarders
The Stifel Logistics Confidence Index for May indicated some improvements from April’s decline. In particular, the six-month outlook appears bright as airfreight…
USCG: US Faces Ship Shortage for Gas Exports
The expected boom in liquefied natural gas exports from the United States risks being hampered by a lack of vessels to handle the trade, the head of the U.S. coast…
Tanker Shipping's Fortunes Rest on US Shale Oil Production
How much US shale oil production is taken out of service will be a key driver of future tanker shipping earnings, according to the latest edition of the Tanker Forecaster…
Wärtsilä Engine Bags Guinness World Record
The recently launched Wärtsilä 31 engine has achieved a Guinness World Records title for the most efficient four-stroke diesel engine. Guinness World Records is a universally recognized authority on record breaking achievement. This achievement was verified on May 26, 2015. The listing is based on the Wärtsilä 31 engine's highest fuel efficiency levels, with its diesel fuel consumption being as low as 165 g/kWh.
Web-based Port Data Platform Launched
The Marcura Group, a Dubai-based group of companies focused on providing innovative business solutions to the maritime industry, has announced the launch of PortPoint, an online platform with modules for port costs, port information and port agents’ data. With the PortCosts module, users are able to quickly look up port costs globally based on data from over 200,000 anonymous and actual port calls.
G3 to Study Building Grain Terminal at Port Metro Vancouver
G3 Global Holdings said on Tuesday that it would study the feasibility of building a grain terminal at Port Metro Vancouver. Winnipeg-based G3, which agreed in April…
Redwise Delivers Two Dredgers to Singapore
Redwise delivers two dredgers to Singapore – one from the east, one from the west. The newly built TSHD Barito Equator was delivered by Redwise to Singapore in the first week of May 2015. Built by the Damen Shipyard at Pontianak, she followed strait on the heels of the THSD Moniflor built 2000 by IHC in The Netherlands for the French government. The Moniflor was Eastbound, with a passage via Las Palmas, Walvis Bay and Mauritius the long way round.
Maritime VSAT Resource Launched at Nor-Shipping
A new online resource providing in-depth, impartial information and advice on maritime VSAT (Very Small Aperture Terminal) technology has been officially launched at Nor-Shipping 2015.
Maersk Orders 11 Triple-E Containerships
Maersk Line announced it has today ordered 11 new ultra-large second generation Triple-E containerships from Daewoo Shipbuilding & Marine Engineering (DSME). Ordered to replace smaller, less efficient ships in the Maersk Line fleet, the new vessels will be the shipper’s largest and are intended to enter Asia - Europe service between April 2017 and May 2018. They will sail under Danish flag. The new building contract…
Project Studies Collision Avoidance for Advanced Ships
The Department of Engineering Cybernetics at the Norwegian University of Science and Technology (NTNU) is leading a new Knowledge-Building Project for Industry that…
Videotel Produces 500th Computer-based Training Course
Videotel, an international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., (KVHI), has launched its 500th computer-based training (CBT) e-Learning course. Videotel’s latest course, entitled “The Work of the Emergency Response and Rescue Vessel (ERRV),” covers the crew’s key objectives and emergency procedures when operating these vessels in global offshore oil and gas fields. The CBT course also details the day-to-day operational function of the ERRV.
Sinking Casts Pall over China's Ship Safety Record
The sinking of a cruise boat on China's Yangtze River is likely to mar the country's generally clean maritime safety record, which hasn't suffered an incident of…
Myanmar Escorting Migrant Boat to "safe" Area
Boat with more than 700 aboard intercepted on Friday; Bangladesh says will only take those identified as citizens. Myanmar said a boat crammed with 727 migrants…
Hundreds Missing After Ship Capsizes on Yangtze
Ship capsizes in "tornado" on southern stretch of Yangtze. Rescuers fought bad weather on Tuesday as they searched for more than 400 people, many of them elderly Chinese tourists…
Radio Holland Inks Service Deal with BW Fleet Management
Radio Holland, part of Imtech Marine, has concluded a service agreement with leading tanker, gas and offshore maritime group BW Fleet Management (BWFM). The two…
Chevron Moving Platform to Sheltered Waters
Chevron Corporation today advised that the Big Foot tension-leg platform (TLP) will be moved to sheltered waters from its location in the deepwater U.S. Gulf of…
Alaska LNG Gets Conditional Approval to Export
The Alaska LNG project marks another significant milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized…
Fugro to Divest its Multi-Client Data Library to Spectrum
The multi-client library business has been non-strategic since the divestment of the majority of Fugro’s geoscience activities in 2013, and this transaction is consistent…
X-STERN Wins ‘Next Generation Ship Award’
The X-STERN solution from Ulstein was awarded the Next Generation Ship Award at the Nor-Shipping opening conference on June 2. Innovative ship design is the main…
HHI Bags Höegh LNG's FSRU#8 Order
Höegh LNG Holdings Ltd. has ordered its FSRU#8 at Hyundai Heavy Industries (HHI) in South Korea. FSRU#8 is designed to the highest specifications, has full trading capability…
