Technology Readiness Levels Defined for Oil Spill Response
Bureau of Safety and Environmental Enforcement (BSEE) staff participated in a workgroup meeting at the bureau's Ohmsett facility in Leonardo, N.J., as part of the…
Los Angeles to Host Annual 'Fleet Week'
Mayor Eric Garcetti and U.S. Navy officials announced today that Los Angeles has been selected as an official Fleet Week market for the U.S. Navy, beginning in 2016.
MANSA, NMIS Ink MOU for Skill Development
Mumbai and Nhava-Sheva Ship-Agents Association (MANSA) and Narottam Morarjee Institute of shipping (NMIS) signed a Memorandum of Understanding for lauching a facility…
Frontline Reports Strongest 3Q
* Frontline achieved net income attributable to the Company of $17.4 million, or $0.09 per share, for the third quarter of 2015 and net income attributable to the Company of $65.9 million…
EASTMED to Add VSAT on 20 Tankers and Bulkers
Greece-based Eastern Mediterranean Maritime Limited (EASTMED), a shipping operator servicing the energy, industrial and agricultural sectors, has chosen to install…
Hapag-Lloyd Boosts Direct EAX Service Between Europe and Australia
German liner company Hapag-Lloyd has further improved the Europe Australia Express service (EAX), one of its prime products. New port calls in Fos sur Mer and Pointe…
New Facility for Virginia-Class Submarine Sailors at Newport News Shipbuilding
Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has opened a new facility that provides workspace for the crews of…
RasGas to Waive $1bln Penalty on LNG Deal
Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI. Qatar has agreed to waive $1 billion…
Transpacific Container Lines Address Economic Pressures Ahead in 2016
In a container freight market challenged by volatility and facing the prospect of further consolidation, member shipping lines in the Transpacific Stabilization…
Pioneer Marine Plunges into Red Again, Cancels Ship Orders
Singapore-based Pioneer Marine reported a $5.4m loss for the third quarter of 2015, about even with a $5m loss in the same quarter last year. It canceled orders…
GBP1mln Grant to Create 100 Jobs at Ferguson Shipyard
The last commercial shipyard on the Clyde, Scotland, has secured grant to help safeguard 125 jobs and create a further 100. Ferguson shipyard has been awarded a…
Metal Shark Delivers Port Security Fireboat
![Photo: Metal Shark](https://images.marinelink.com/images/maritime/w100h1500/photo-metal-shark-52485.jpg)
Louisiana-based shipbuilder Metal Shark announced it has delivered a 55-foot multipurpose port security vessel to the Plaquemines Port Harbor and Terminal District in Louisiana. Based on Metal Shark’s Defiant-class monohull pilothouse design, the welded aluminum vessel is designed to support port security efforts and firefighting missions at the port district, located 20 miles south of New Orleans at the mouth of the Mississippi River.
Putin Says Eyes Trade Boost with Iran
![Vladimir Putin had talks with President of Iran Hassan Rouhani in Tehran. (Photo: President of Russia)](https://images.marinelink.com/images/maritime/w100h1500/vladimir-putin-had-talks-with-52480.jpg)
Russian President Vladimir Putin said on Monday he wants to boost trade ties with Iran after meeting with leaders of the Islamic Republic in Tehran. Putin, speaking at joint briefing with Iranian President Hassan Rouhani, also said there are plans to create a free trade zone between the Moscow-led economic union of former Soviet Union countries and Iran, as well as increased use of national currencies in trade with Tehran.
Commodities Hit 2002 Lows Before Rebounding on Oil
Commodities hit 13-year lows before rebounding on Monday after Saudi Arabia's pledge to work toward crude price stability bolstered oil and France's first wheat…
Somali Pirates Hijack Iranian Fishing Vessel
Somali pirates have hijacked an Iranian fishing vessel with 15 crew members, a Somali official and a maritime expert said on Monday amid warnings that piracy might…
Thordon Wins Environmental Award
![Thordon Bearings’ George Morrison was presented with the Tanker Shipping & Trade Environmental Award for the COMPAC system (Photo: Thordon Bearings)](https://images.marinelink.com/images/maritime/w100h1500/thordon-bearings-george-morrison-was-52507.jpg)
COMPAC, Thordon Bearings’ seawater lubricated propeller shaft bearing system, won the Tanker Shipping & Trade Environment Award following a verdict that the system allows shipowners to cost-effectively comply with stringent marine pollution rules. Dr. Karen Purnell, the Managing Director of the International Tanker Owners Pollution Federation (ITOPF), who sat on the award judging panel alongside representatives from INTERTANKO…
American Club Announces 2.5% Increase
![Joe Hughes (Photo: American Club)](https://images.marinelink.com/images/maritime/w100h1500/joe-hughes-photo-american-club-52447.jpg)
At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in the cost of FD and D for the 2016 policy year. The club’s board also reviewed release call requirements for open policy years, reducing the margins for 2013 and 2014, and undertaking to revisit the 2015 figure in the first half of 2016. In reaching these decisions…
Magleby Maersk Calls at Jebel Ali
![Magleby Maersk at Jebel Ali’s Terminal 2 (Photo: DP World)](https://images.marinelink.com/images/maritime/w100h1500/magleby-maersk-at-jebel-alis-52446.jpg)
Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region. The management and operations team at Jebel Ali rolled out a well-drilled operation to welcome, berth and service the mammoth liner with the clockwork-like precision that has made the container port the most productive in the world.
Parker Bestobell Marine Launches Compact Valve
Parker Bestobell Marine has launched a new compact version of its Float Isolation Valve (FLIV). The patented Parker Bestobell Marine FLIV is installed on top of…
South Africa Ports Gear Up for Cruise Season
South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise lines and over ten passenger vessels of varying sizes set to ferry…