Rushton Gregory Inks iNavX Marketing Deal
Rushton Gregory Communications, a marketing communications agency specializing in the marine, outdoor, automotive and consumer electronics markets, announced today…
SBM Offshore Bags Premier Oil FPSO Contract
SBM Offshore informed that Premier Oil plc (Premier) has awarded the Company the Front-End Engineering and Design (FEED) contract for an FPSO for Phase 1 of its…
GAC Dubai Wins Group HSSE Award
GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health…
Svitzer Orders Two Tugs from Sanmar Shipyards
Svitzer is ordering two more ASD tugs from Sanmar Shipyards to service the multi-billion dollar INPEX-operated Ichthys LNG Project in the Port of Darwin, Australia.
Paragon Shipping Sells Panamax Bulker to Repay Loan
Paragon Shipping Inc. announced that it has entered into an agreement to sell M/V Kind Seas for a cash consideration of $3.5 million to an unaffiliated third party…
New Orleans Port Tops 1M Passengers Again
Port of New Orleans cruise terminals handled more than 1-million passengers in 2015, totaling 1,023,700, up 1 percent compared to 2014. The total marks the fifth…
Chinese to Acquire Greek Port as Gateway to Europe
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port…
MPC Brings in Peter Ganz for Shipping
Former Hapag-Lloyd CFO Peter Ganz has joined the top management team of the Hamburg asset and investment manager MPC Capital AG's shipping business with effect from 1 January 2016.
Baltic Exchange Main Sea Dreight Index Declines Further
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, sank to a new record low for the sixth straight session on Tuesday, reports Reuters.
China Merchants to Take 21.05% Stake in Dalian Port
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which…
EC Funding Gives Green Light to IMO Energy-Efficiency Project
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global…
New IMO Secretary-General Sets Out His Agenda
Kitack Lim of South Korea has issued a message outlining his priorities as incoming Secretary -General of the IMO a post he assumed on January 1 following endorsement…
Time to Expand Lanka Port, Says Maersk
Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line…
World Fishing Fleet: Vietnam Grows the Fleet
In keeping with their reputation as a nation that can overcome all obstacles, Vietnam is rebuilding its aging fishing fleet. With a government program of soft loans, designated Decree 67/ND-CP, fishermen are building boats along 28 coastal provinces from the north to the south of Vietnam. Capt. Trinh Van Hung, grew up in a fishing family and, after completing his schooling, he fished briefly with his father. His curiosity took him into business as a trader but the call of the sea was strong.
ABS, Golar Strike FLNG Deal
ABS Group subsidiary Genesis Technology Solutions, Inc. (GenesisSolutions) won a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s…
Maritime College Receives $750,000 from SUNY
The State University of New York yesterday awarded $750,000 from its Investment and Performance Fund to Maritime College to boost student success and completion rates. The grant was among the largest paid for with money from the fund. “Academic success and student centeredness are at the heart of our core values,” said Rear Adm. Michael Alfultis, president of the college. An academic success center will be created with a portion of the money from the SUNY fund.
Mammoet Switches to Cleaner Fuel in the Netherlands
Mammoet’s Dutch operations switch to Shell gas-to-liquids fuel: expected to lower emissions, noise levels and contribute to local air quality. Mammoet, a service provider specializing in engineered heavy lifting and transport, will use cleaner-burning Shell gas-to-liquids (GTL) fuel to power all its cranes and trucks in the Netherlands. The switch is expected to reduce emissions and help improve local air quality as well as lowering noise levels compared with conventional diesel.
Webb Institute Adds Assistant Professor of Marine Engineering
Webb Institute has appointed Benjamin H. Scott as the Assistant Professor of Marine Engineering. Scott is a design engineer with over 30 years of experience in thermal and hydraulic analysis, heat exchanger design, thermal performance testing and fluid system design. Scott recently retired from Exelon Corporation as the senior manager of design engineering at their Calvert Cliffs Nuclear Power Plant in Lusby…
New Energy Storage Solutions for Marine Hybrid Market
XALT Energy’s newest scalable marine power offering for marine power needs, the XPAND Modular Pack Architecture, will be showcased at the 2016 Electric & Hybrid World Expo in Fort Lauderdale, Fla.
New Tug for Saam Smit Towage in Canada
Saam Smit Towage Canada takes delivery of new built tug SST Capilano, to be added to the fleet of 21 tugs operated in British Columbia. The addition of this tug…