How Japan Can Lead the Marine Renaissance
Being an island nation, Japan is inevitably dependent on seaborne trade. Over time, this has led to it becoming a strong player in the global maritime market. Japan’s shipbuilding pedigree has gained the country a foothold in LNG carriers, dry bulk cargo barge and pure car truck carriers (PCTC). While Japan is still a significant player, large-scale investments made by the Chinese and South Korean governments in the 1980s pushed them ahead.
US Forecaster Sees Rising Chance of La Nina
A U.S. government weather forecaster on Thursday forecast an increasing chance of the La Nina weather phenomenon taking place in the Northern Hemisphere in the second half of the year.
Nanjing Tankers Implements 'Smart Shipping' Connectivity
Inmarsat and Cobham SATCOM announced that their partner Beijing Marine Communication & Navigation Company Ltd. (MCN) has won the largest Inmarsat Fleet Xpress installation project to date, with Nanjing Tanker Corporation of China. Just two weeks after the launch of Inmarsat’s Fleet Xpress service, the agreement brings always-on, next generation high-speed broadband capability worldwide to 70 ships…
Damen Shipyards, Saudi Border Guard Strengthen Ties
Saudi Border Guard has acquired two Damen Cutter Suction Dredgers (CSD 450) for harbor maintenance duties. As Damen has a full range of dredgers in stock, it could customize and ship two full option dredgers within a short time span. Being satisfied with quality and services the previous delivery of 6 patrol vessels in 2000, the client approached Damen for dredging equipment. What is more, Damen had…
Bibby Offshore Wins First Norwegian Contract
Bibby Offshore’s Norway division, Bibby Offshore AS, has secured its first contract in the region with ConocoPhillips Skandinavia. Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering, procurement and subsea installation works, related to maintenance activities on the Norpipe Oil pipeline. The contract is due for completion in Q3 2016 and…
Stronger Demand for Bigger Vessels Pushes Baltic Index Higher
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities extended gains on Thursday, mainly propelled by firmer demand for bigger shipping vessels.
US Ramps up Military Presence in the Philippines
U.S. Defense Secretary Ash Carter said on Thursday that U.S. troops and military equipment would be sent on regular rotations in the Philippines and that the two…
LNG Producers Seek New Markets to Soak up Surplus
The world's top producers of liquefied natural gas (LNG) are investing in ship-fuelling operations, floating import terminals and power plants to open new markets…
Liberia is Top Open Register for Greek Shipowners
Figures released by the Greek Shipping Co-operation Committee (GSCC) show that Liberia has cemented its position as the undisputed leading open registry of choice for Greek shipowners. The GSCC statistics show that, in the year to end-March 2016, the gross tonnage of Greek-controlled ships in the Liberian Registry increased by 995,781 gt. Liberia, with 744 vessels aggregating 54.74m dwt, is second only to Greece itself in terms of the number of Greek-owned ships flying its flag…
GAC, Far East Development Fund Team up to develop NSR
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR)…
Incat Crowther Delivers SEACOR Marine’s 2nd FSV
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV). Sistership to the Alya…
Terex Port Solutions Debuts New Reach Stacker
Terex Port Solutions (TPS) will present the Liftace 5-36 reach stacker, the next machine of its line of new-generation lift trucks at bauma trade fair (11 to 17 April in Munich).
Murmansk's VI International Conference - "Logistics in Arctic"
April 12 in Murmansk held VI international conference on "Logistics in Arctic". The conference was organized by the Association of contractors of the Arctic "Murmanshelf"…
BOEM, Jacksonville, U.S. Army Corps Ink Shore Protection Deal
The Bureau of Ocean Energy Management (BOEM) has signed an agreement with the City of Jacksonville, Fla., and the U.S. Army Corps of Engineers authorizing them to…
Caterpillar Maintains Dividend Rate
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock…
Expansion Underway at Hydro Group
Aberdeen-based subsea cable and connector specialist Hydro Group, has expanded its premises by investing £2 million in a new 13,700 sq ft bespoke facility, set to open in spring 2016.
Incat Crowther Delivers Nordic Maritime's Workboat
Incat Crowther informed that the 30m Catamaran Workboat Nordic Barakuda built at Marine Diesel Services was successfully delivered. The Nordic Barakuda has been…
India Test-fires N-Capable K-4 Missile from Arihant Submarine
India has successfully tested its most ambitious weapon system - a long range submarine-launched ballistic missile, codenamed K-4, from submarine INS Arihant. The…
Avalon Christens Newest Ship, Avalon Passion
River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship…
Yangzijiang Bags Orders for Six VLOCs
China’s biggest private shipbuilder Yangzijiang Shipbuilding Holdings Ltd has won orders for six dry bulk carriers worth a combined US$510 million. The 400,000 DWT…
