Greece Delays Piraeus Port Sale
Greece has pushed back the date for the submission of binding bids for the sale of its biggest port Piraeus (OLP) by two weeks to Dec. 15 upon investor request,…
DNV GL Issues Guidance on Inspection Planning
The low oil price and a reduction in newbuilds have driven the integrity of existing assets up the agenda for the oil & gas industry. However, the cost of inspection programs can be significant, adding to the operational costs. DNV GL has now launched a recommended practice (DNVGL-RP-C210) providing the first international guidance on how to establish a sound basis for in-service inspection planning for fatigue cracks in marine structures.
MAN Diesel & Turbo Acquires Cryo’s Marine Fuel & Bunkering Business
MAN Diesel & Turbo Sverige AB, a wholly owned subsidiary of MAN Diesel & Turbo SE (part of MAN and Volkswagen Group), acquires the marine fuel gas supply system (FGSS) business from the Sweden based Cryo AB, part of the Linde Engineering Division and a manufacturer of cryogenic equipment for the storage, distribution and handling of liquefied gases. It will be integrated into the company’s four-stroke marine business.
Asia Dry Bulk-Capesize Rates Could Slip Again
Capesize market could worsen in short-term; 3.5 mln tonnes could be cut from Brazil ore exports. Freight rates for capesize bulk carriers could drift lower next…
Traders Prepare for Next Oil Price Dip
March 2016 would mark start of low-demand spring season. Oil traders are preparing for another downward turn in prices by March 2016, market data suggests, as what…
Peel Ports' Cargo200 drive Secures 50 Supporters
Peel Ports has today (Thursday 19 November) announced that it has secured 50 advocates for its Cargo200 initiative and is urging other shippers in the North-west to add their weight to the campaign.
BIMCO Declares Winners of Its 2015 Awards
Last night in Hamburg, BIMCO President Philippe Louis-Dreyfus chose to give public recognition to all seafarers who have been – and still are – involved in rescuing people in distress at sea. Mr.
Simrad HALO Radar Wins 2015 Design Award
Simrad HALO Pulse Compression Radar, the world’s first high-performance recreational solid-state, open-array radar system with pulse compression technology, has…
Høyesen to Head MacGregor's Offshore Solution Division
MacGregor, part of Cargotec, creates a new division 'Advanced Offshore Solutions' by merging its two Norway-based divisions and combining the strengths in offshore mooring…
Long Beach Trade Luncheon Celebrates Women
A heavy equipment operator, port construction manager, shoe company executive and maritime university student encouraged Long Beach young women to explore careers…
Chinese Authorities Raid Container-Shipping Firms
China's National Development and Reform Commission (NDRC) is visiting several major container shipping lines’ offices in Shanghai and throughout the country as part of its surcharges investigation.
Cosco, China Shipping Mega Merger Deal May Get Green Signal Soon
The merger deal of China’s two shipping gianst China Ocean Shipping Co., or Cosco, and China Shipping Group that could create the world’s fourth largest container…
India to Do Away with Obsolete Shipping Rules
India's Ministry of Shipping has decided to rescind thirteen rules under the Merchant Shipping Act, 1958 (as amended), having found them to be obsolete and unnecessary.
Star Bulk Carriers Sold Three Vessels in Q3
Star Bulk Carriers has sold three vessels during the third quarter, a modern Supramax and two 90s built Panamax says Petros Pappas, Chief Executive Officer. Net…
BIMCO Looks at Significant Potential For Cyber Disruption
Attendees of BIMCO’s Annual Conference in Hamburg will today hear the very latest findings on the potential vulnerabilities of ships to cyber attacks. In a session dedicated to the topic…
Klaipedos Nafta and Port of Helsingborg Sign LNG Deal
Lithuania’s Klaipedos Nafta has signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project (HEKLA).
Bath Iron Works Lays Keel of Navy’s Next Destroyer
U.S. shipbuilder General Dynamics Bath Iron Works held a keel-laying ceremony on November 16 for the Thomas Hudner (DDG 116), the company’s 36th Arleigh Burke-class guided-missile destroyer.
BMT Fluid Mechanics to Validate FLNG Design
The emergence of the floating liquefied natural gas (FLNG) concept has seen an unprecedented focus on development activity and has reinforced the commercial interest in these facilities. However, as the industry strives to make the concept a reality, in addition to the already formidable risks present in conventional projects, a plethora of distinctive risks associated with FLNG have now been added to the mix, with little industry experience to learn from.
South Carolina Container Volume Up 7%
The South Carolina Ports Authority announced a fiscal year-to-date container volume increase of seven percent, with 678,033 twenty-foot equivalent units (TEUs) handled since July.
KVH Debuts mini-VSAT Broadband 2.0
At London International Shipping Week held in September, KVH Industries, Inc. introduced the second generation of its mini-VSAT Broadband solution for the maritime market, providing a combination of data delivered at high speeds and at low price points, with vessel operational and crew entertainment/informational content, tools, and support, optimizing broadband effectiveness in serving the needs of seafarers. Tom Mulligan reports.