BV's AIP for WindFloat's FOWT Foundation
Leading international classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation.
ST Marine Celebrates LMV Sovereignty Launch
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the…
Search Resumes for El Faro Data Recorder
The National Transportation Safety Board is set to resume its search April 18, 2016, for the vessel data recorder of the sunken El Faro cargo ship. The U.S. flagged…
ABB’s Azipod D to Power Scenic Eclipse
ABB’s Azipod D will power the luxurious 10-deck discovery cruiser Scenic Eclipse to some of the world’s most remote destinations. Built to Polar Class 6 the vessel…
Samsung, Daewoo Merger on the Way?
As the Korea government is pushing for restructuring of the faltering shipbuilding industry, speculation grows over a possible merger between the country’s two major…
India to Roll Out Second Maritime University Next Year
India will soon get its second maritime university, Gujarat Maritime University (GMB), which will primarily be focusing on the commercial maritime courses. According to sources…
UASC, Qatargas and Shell Join to Push LNG as Marine Fuel
Qatargas, United Arab Shipping Company (UASC) and Shell signed a Memorandum of Understanding (MoU) to explore the development of LNG as a marine fuel in the Middle East region.
Chinese Shipyard Turns Into Car Parking
To cope up with so much financial strain, Hong Kong-based shipbuilders China Ocean Industry Group – formerly known as China Ocean Shipbuilding Industry Group – is…
Maritime India Summit Attracts $12.5 billion Investment
The first ever Maritime India Summit in Mumbai has resulted in attracting investments worth Rs 82,905 crores ($12.5 billion), says the Ministry of Shipping. A total…
Pacific Basin Rights Issue for $151mln
Hong Kong bulker Pacific Basin has proposed a one-for-one rights issue in a bid to raise approximately $150.6m for strengthening its long term equity capital. The…
Car Carrier Ocean Tango Runs Aground off Busan
A South Korean Car carrier Ocean Tango was grounded by a storm which battered Busan, Korea, on Apr 17. The 2,736 dwt Vessel was docked at Yeong-gu area, reportedly…
Italians Go to polls for Drilling Referendum
Italy went to the polls on Sunday for a referendum on off-shore oil and gas drilling rights, a complex issue that the government hopes voters will shun. For the ballot to be valid…
IMO Seeks Hosts for Maritime Technology Centers
An ambitious project to help mitigate the harmful effects of climate change has been kick-started by IMO with a call for formal expressions of interest to host centres…
Antwerp Port's Volume Growth Continues
The port of Antwerp handled 53,265,552 metric tons of freight in the first three months of this year, 3.9 percent more than in the same period last year. The container…
Vedanta to Re-develop Mormugao Port
Vedanta Limited, India’s only diversified natural resources company today received the ‘Letter of Award’ for Redevelopment of Berth No.8, 9 and Barge Berths at Port of Mormugao…
Austal Wins SCA Safety Awards
Austal USA remains one of the safest shipyards in the country the Shipbuilders Council of America (SCA) announced Mar. Austal’s hard-earned workplace safety record has been recognized…
Pirates Take 4 Hostages Near Malaysia
Four Indonesian sailors have been kidnapped by a group of armed men when their vessels was hijacked between the Malaysian and Philippine waterways on Friday evening (Apr 15).
Bimco’s Top Priorities For IMO’s Marine Enviroment Protection
BIMCO has shared the two critical issues at the top of its own priority list ahead of the IMO’s Marine Environment Protection Committee (MEPC) meeting next week.
French Banks Eye Yamal LNG Project
French banks may participate in lending for the Russia's Yamal liquefied natural gas (LNG) project, a relevant agreement may be signed in 2016, Tass reported quoting…
India Targets $60 Bln Maritime Investments
Indian Shipping Ministry is targeting to get investments worth $60 billion (nearly Rs 3.99 lakh crore) for a five-year term for 240 projects for the success of the ambitious Sagarmala project.
