Aquarius MAS + Solar Ready for Commercial Use
As a result of the recent successful completion of sea trials on-board the high speed car and passenger ferry, Blue Star Delos, Eco Marine Power (EMP) has now cleared…
Navatek, NEB Launch Sea Blade 35
Navatek, the naval research and design company based in Hawaii and Rhode Island, and NEB, a leading builder of high-tech composite and aluminum boats based in Portsmouth…
Norsepower’s Rotor Sail Solution Successfully Tested
Norsepower Oy Ltd. and Bore Ltd today carried out successful sea trial of Norsepower’s Rotor Sail Solution, a new wind propulsion technology for ships. The sea trials…
Hurricane Seasonal Alert for Delaware Bay
The Captain of the Port, Delaware Bay, is setting Hurricane Seasonal Alert. Seasonal Alert is automatically set annually on June 1st and remains in effect through November 30th…
Ship Carrying 458 People Sinks in Yangtze River
A passenger ship carrying 458 people sank in the Yangtze River in central China after encountering what the rescued captain said was a storm and strong winds, the…
DNV GL Sees Hybrid Propulsion, Connectivity as Hot Trends
Hybrid propulsion systems and connected ship solutions are emerging technologies that are gaining ground faster than expected, according to Tor E. Svensen, CEO DNV GL – Maritime…
Pangaea Bags Extensions for two Contracts of Affreightment
Pangaea Logistics Solutions has received extensions for two contracts of affreightment (COA) for dry bulk materials, which it says will generate up to $22m in revenue over the next three years.
Technip Buys Out DOF Subsea
The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.
Indian Navy Warships Arrive in Jakarta
Two Indian Navy warships of the Indian Navy’s Eastern Fleet which has recently participated in SIMBEX with Singapore reached Jakartha as part of their operational deployment.
Nicaragua Canal Project Study Delivered, Details Scarce
A long-awaited study on the impact of the proposed $50 billion Nicaraguan waterway by a British consultancy has been delivered, a canal official said on Monday,…
New Ballast Water Treatment Solutions from Damen
Damen has launched two new ballast water treatment solutions onto the market, Damen LoFlo and Damen BalCon. The new solutions are a response to the International Maritime Organization (IMO) Ballast Water Management Convention 2004, which is edging ever closer to ratification and the U.S. Coast Guard (USCG) Ballast Water Management regulations already in force. Once the IMO convention passes into legislation…
SFL Sells its Holding in Horizon Lines
Ship Finance International Limited (SFL) has sold its holding of notes and warrants in Horizon Lines, Inc. for net cash proceeds of approximately $72 million. In April 2012, Ship Finance received $40 million of Horizon Lines second-lien notes and 9.25 million warrants in Horizon Lines in connection with a termination of the charters for five container vessels. Thereafter, the second-lien notes have accumulated interest on a non-cash basis at a rate of 15 percent annually.
Grounded Bulk Ship Awaits Lightering
The U.S. Coast Guard (USCG) reports it continues to work with state and local partners Monday to oversee freeing a bulk carrier loaded with sulfur that ran aground May 26…
Strike at Peru's Top Port Likely to Stoke Inflation
A dockworkers strike at Peru's biggest port, Callao, has hit imports of basic goods in the Andean country and will likely stoke inflation, the main exporters association said Monday. The 18-day strike has nearly frozen activities at the northern terminal of Callao at the edge of the capital Lima, prompting $100 million in lost revenues for merchants, the Exporters Association of Peru (Adex) said. Some…
Obama: Land Reclamation in S. China Sea Counterproductive
President Barack Obama said on Monday that land reclamation projects in the South China Sea are unproductive and called for an end to aggressive action in the region.
Busan Port to Meet Thriving Cruise Demand
In response to Northeast Asia’s rapidly growing attractiveness as a cruise destination, South Korea’s port of Busan is bringing new facilities on-stream this year…
Danelec Debuts New ECDIS Platform at Nor-Shipping
Danelec Marine announced the introduction of its new Electronic Chart Display and Information System (ECDIS) platform for marine navigation, shown for the first…
Hatteland Display Widens Service Network in Singapore
Allied eParts Pte. Ltd. (AEP) with its premises in Ubi Avenue, Singapore joins the Hatteland Display service network after signing a contract with the marine display and computer manufacturer during Sea Asia in April 2015. Following the full training of AEP's Service engineers at the Norway premises of Hatteland Display and the set-up of the Service location including a variety of spare parts, AEP will be ready to perform warranty and non-warranty workshop repairs on behalf of Hatteland Display.
Alaska LNG Approved for Non-free Trade Agreement Exports
The Alaska LNG project marks another milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska…
Cruise Liner Casino Approved in Malta
The Malta Gaming Authority (MGA) has approved the first application received from Crystal Cruises, which is represented in Malta by Gollcher Group, for its Crystal Serenity which will call to Malta on June 5 and 6, 2015. Crystal’s onboard casinos on Crystal Serenity offer games including Blackjack, Craps, Roulette, 3 Card Poker, Ultimate Texas Hold’em and Mini-Baccarat (on request), as well as slot and video poker machines.
