China's Acquisition of Piraeus Port a Booster for Greek Economy?
Greece has formally signed an agreement to sell a 67% stake in the Port of Piraeus to Chinese shipping company China Cosco Holding Co. Under the deal, COSCO, the…
CIMC Plans $928 Million Share Sale
The world’s biggest maker of shipping containers China International Marine Containers Group Co. (CIMC) plans to raise 6 billion yuan ($928 million) selling shares…
US, Japan Keen to Raise South China Sea at G-7
South China Sea warning looms over G7 summit. The United States is keen to raise the issue of South China Sea at a Group of Seven foreign ministers (G-7) meeting in Hiroshima.
Veresen, Itochu in Jordan Cove LNG deal
Veresen, the developer of the Jordan Cove LNG facility in Oregon, has announced a preliminary agreement on key commercial terms with Itochu, including the purchase…
Saudi, Egypt Draw up Maritime Borders
Saudi Arabia and Egypt have signed agreements to specify maritime borders, a cabinet statement said on Saturday, allowing both countries to benefit from maritime zones that were previously untapped.
New Flag for NATO Research Vessel
The larger of CMRE’s ships is now operated by an Italian military crew under an Italian Navy Flag. On 9 April 2016, at the Italian Naval Base in La Spezia (Italy)…
GTT Participates in LNG18, Perth
GTT (Gaztransport & Technigaz) engineering company specialized in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied…
Secretary Foxx Designates 3 Marine Highway Projects
U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects. The Mississippi River, previously designated as the M-55, will serve…
VT Halter Launches Tug for Bouchard
VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems), announces the launch of the M/V Frederick E. Bouchard, at…
High Correlation of Biomass to Species Diversity in Northern Chukchi Sea - BOEM Study
Last summer, researchers began a five year study to monitor biodiversity in the Arctic Chukchi Sea from an ecosystem perspective, looking at microbes, whales and everything in between.
Diana Fixes Bulker with Quadra
Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Quadra Commodities S.A., Geneva…
U.S. Ports Plan Big Investments in Capital Projects - Survey
Survey Shows U.S. Ports Plan Big Investments In Capital Projects. In its just-released 2016-2020 Port Planned Infrastructure Investment Survey, the American Association…
Ovation of the Seas Delivered
Meyer Werft delivered the 168,660-gt cruise ship Ovation of the Seas to the U.S. cruise operator Royal Caribbean Cruises Ltd. today in Bremerhaven. The third ship of the Quantum class sets new standards in terms of eco-friendliness, according to the shipbuilder: it features highly energy-efficient systems, optimized hydrodynamics, heat recovery, an effective underwater paint coating, a state-of-the-art exhaust gas treatment plant (hybrid scrubber) as well as energy-saving LED lighting systems.
Valparaíso Express Class: Tailor-made for the New Canal
The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like. The new Panama Canal will usher in a new era in shipping between South America and Europe. Starting soon, huge vessels of the post-Panamax class – capable of carrying up to 14,000 20-foot standard containers (TEU) – will be able to navigate this important trade route.
Australian Naval Vessels to Become Dive Wrecks
Decommissioned Australian naval vessels ex-HMA Ships Tobruk and Sydney,will be offered for the creation of dive wrecks, announced Defense Minister Senator Marise Payne. After decades of invaluable service in the Royal Australian Navy, Tobruk and Sydney were decommissioned in July 2015 and November 2015 respectively. Tobruk was used extensively during regional peacekeeping and humanitarian operations as well as border protection in Northern Australia.
Test Ride: Furuno's New 15X8 Series Radar
Taking the Furuno 15X8 series radar out for a spin; Furuno’s newest entry has found a welcome place on inland waters. Furuno’s newest radar is now on the market. The first workboat installation of the company’s FAR-15X8 series was completed in late February and early March. Following installation, test runs were carried out on the Bruce M, a 65-foot, 1,900 Hp inland pushboat operated by SDS Lumber based out of Bingen, Wash.
US Oil Drillers Cut Rigs to Nov 2009 Lows
U.S. energy firms cut oil rigs for a third week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as energy firms…
Glosten Names Springer as President
Seattle-based naval architecture and marine engineering consultancy Glosten has appointed John Springer, PE as its new president. As Glosten’s fifth president since its founding in 1958, Springer takes over the role from the company’s fourth President John “Jay” Edgar, PE, and will have direct responsibility for strategic growth, business direction and client service. Springer has been with Glosten for 29 years.
New USCG Equipment Rule for Vessels Carrying Oil
The U.S. Coast Guard has finalized an interim rule that requires vessels carrying oil in bulk as cargo to carry discharge removal equipment, install spill prevention…
SUNY Maritime among Top Institutions for ROI
Graduates from SUNY Maritime College receive among the highest return on investment on their degrees in the country. In its annual report of best value colleges, PayScale ranked SUNY Maritime College as the top public institution for return on investment and third nationally, tied with Harvey Mudd College and following California Institute of Technology and Massachusetts Institute of Technology. The…
