Singapore to Develop Maritime Ports in Egypt
The Maritime Sector of the Egyptian Ministry of Transportation signed a Memorandum of Understanding (MoU) with the Port of Singapore Authority (PSA) as Singapore…
Global Shipping in Doldrums
Wells Fargo Securities says that headwinds face global shipping industry and the continued overcapacity means freight rate gains are less likely to stick. "Given…
GSL in the Red
Global Ship Lease (GSL) has reported negative result for the third quarter of the year mainly due to impairment charges related to two vessels. Company reported revenue of $42.18 million.
Ferry Firm Bags Contract for MoD Port
David MacBrayne Ltd (DML) and global logistics firm GBA (Holdings) Ltd, operating as Solent Gateway Ltd, have won a contract to run one of the UK’s busiest military ports as part of a joint venture.
Sembcorp Marine Opens Largest Fabrication Unit in Southeast Asia
Sembcorp Marine launched its new state-of-the-art steel structure fabrication workshop – the largest of its kind in Southeast Asia – which is set to boost the company’s…
Aker Shipyard Declares Dividend
On 4 November 2015, the Board of Directors of Aker Philadelphia Shipyard ASA resolved to pay a dividend to the shareholders of AKPS as of expiry of 10 November 2015…
Dutch Experts Starts Work on Philippines Coastal Protection Strategy
International engineering and project management consultancy firm Royal HaskoningDHV is leading a multi-disciplinary team in developing a sustainable coastal protection…
Essar Ports Q2 Profit up 9%
Essar Ports Limited, part of Essar, today announced its unaudited results for the quarter ended September 2015. 1. Revenue for the quarter is Rs. 470.3 cr, an…
Pacesetter Award for Port of Indiana-Burns Harbor
The top federal official presiding over the Great Lakes/St. Lawrence Seaway presented Indiana Governor Mike Pence with its flagship award today in recognition of…
HMAS Sydney Decommissioned
HMAS Sydney will be decommissioned after 32 years of service at her homeport of Garden Island, Sydney on November 7, 2015. During the conduct of maritime operations spanning the globe HMAS Sydney…
KVNR Recognizes KOTUG for Hybrid Tugs
The Royal Association of Netherlands Shipowners (KVNR) has awarded its Shipping Award to Netherlands-based towage operator KOTUG for its next-generation ART80-32 Hybrid Rotortugs. The award was presented during the 10th Dutch Maritime Awards Gala in Rotterdam by Tineke Netelenbos, chairman of the KVNR Shipping Award jury, who stated, “The propulsion configuration of these new-generation ART80-32 Hybrid Rotortugs series draws on the proven design of KOTUG’s RT Adriaan…
Keel Laid of US Navy’s Future LCS Billings
A keel laying ceremony was held Monday for the U.S. Navy’s future USS Billings (LCS 15) at Marinette Marine Corporation shipyard in Wisconsin. Sharla Tester, Billings' sponsor and wife of Sen. Jon Tester, authenticated the ship's keel. As the ship's sponsor, Tester serves as an advocate and honorary member of the crew. "Much like her namesake city, the future USS Billings stands as a testament to the spirit of the American pioneers.
Emissions Control Takes Center Stage for Workboat Engines
Today’s workboat operators must navigate increasingly stringent IMO and EPA environmental and emissions regulations in and around ports and rivers. As the drama unfolds…
Riders on the Storm
It’s no shock that decking, seating and other related equipment for ‘fast boats’ is a critical ingredient for maritime security personnel. A shock mitigation strategy is essential for all craft that undertake open sea transits or operate in rough water. The definition of shock mitigation is, ‘to make a violent collision or impact less intense.’ The search for shock mitigation has created a range of solutions.
MER, Meridian Announce Strategic Partnership
Moran Environmental Recovery, LLC (MER) and Meridian Ocean Services, LLC (Meridian) have entered into a strategic partnership agreement, the companies announced Monday.
Recent Vessel Sales - October 2015
Vessel sales for October 2015 (as of November 1) as prepared by Shipping Intelligence, Inc., New York.
New 'Guide to Hull & Machinery'
International multidisciplinary marine surveyors and consultants Braemar (Incorporating The Salvage Association), (Braemar SA), has published the third edition of its Guide to Hull & Machinery. The publication is primarily designed to help those with a nontechnical background and who are possibly unfamiliar with some or all of the nautical and engineering technical terms used in marine survey reports.
World Wide Metric Celebrates 45 Years
World Wide Metric, a global supplier specializing in the distribution of valves, flanges, piping systems and hydraulic components in JIS and DIN, and ANSI standards, is celebrating its 45th anniversary. In 1970, former ship captain Constantinos Contos, who immigrated to the United States from Greece in 1969, founded a ship repair company in Brooklyn, N.Y. Soon after, he began receiving an abundance of requests for metric valves and flanges from foreign vessels…
Multraship Orders Damen Tugs at Europort
Towage and salvage specialist Multraship, through its 100-percent-owned subsidiary Novatug BV, has commissioned the construction of two Carrousel Rave Tugs (CRTs) as well as a new ASD 3212 tug from Damen Shipyards Group. Officially ordered today at a signing ceremony at Damen’s stand at the Europoort exhibition in Rotterdam, the new vessels aim to provide operators with more power, more freedom and more durability, as well as eliminating the risk of capsizing under a tow load.
ROV Support Vessel Fugro Aquarius Delivered
Fugro has taken delivery of the new ROV support vessel (RSV) Fugro Aquarius. The new Brazilian-built DP-2 diesel-electric vessel is 83 meters is length with a deck…
