Nauta Yard Cuts First Steel for Trawler Newbuild
Newbuilding Department of Nauta Shipyard has begun construction of fully equipped fishing vessel - Ocean Star with a steel cutting ceremony held on April 26. The ceremony was attended by representatives of shipowner, DnV and Warthill Design . Nauta has signed contract with a Scottish shipowner in December 2015. This is particularly important order,as it concerns building of a turn-key vessel and all…
New ClassNK Guidelines for Gas-fueled Ships
Classification society ClassNK has released the fourth version of its Guidelines for Gas Fueled Ships. With the introduction of increasingly strict environmental regulations, the industry is now turning toward the use of cleaner fuels such as LNG and more recently other low flashpoint fuels such as methanol to curb their NOx, SOx and PM emissions. The new guidelines provide comprehensive, up-to-date information on key design features relating to bunkering…
Concordia Maritime Inks P-MAX Tanker Contract
Concordia Maritime has signed a new consecutive voyage contract for the P-MAX tanker Stena Polaris. The contract, which comes into effect in May 2016, is for one year. The contractual partner is one of the world’s largest oil and gas companies. “This is a new niche trade that we have identified together with our customer. The new contract clearly demonstrates that we have found an arrangement that creates value for all parties.
Maersk Line Adds Direct Service to Cuba
Container shipper Maersk Line has introduced its first direct service from Northern Europe to Cuba, beginning on Friday April 22 with the arrival of the 2,556 TEU containership E.R. Cape Town in the Port of Mariel, located 50 kilometers from Havana. The Cuba call is part of Maersk Line’s CRX – Southbound service from Northern Europe to Manzanillo, Panama, providing customers fast transits from North European ports of Bremerhaven, Tilbury, Rotterdam and Cork.
Japan wants Australian Explaination for Failed Sub Bid
Japan wants Australia to explain why it decided not to pick a Japanese design for a new fleet of submarines choosing instead a proposal from France's DCNS. "The decision was deeply regrettable…
U.S. Challenged China, 12 Others on navigation Rights in 2015
The U.S. military conducted "freedom of navigation" operations against 13 countries last year, including several to challenge China's claims in the South and East China seas…
Eastern Libya Ships First Oil Cargo, Defying Tripoli
Indian-flagged tanker leaves port with 650,000 barrels. A government based in eastern Libya shipped its first cargo of crude on Monday in defiance of authorities in the capital Tripoli…
France sinks Japanese, German Sub Bids
Fleet of 12 submarines to be built in South Australia; decision has political implications at home, abroad. France has beaten Japan and Germany to win a A$50 billion…
Genting Completes Purchase of 3 shipyards
Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros.
KVH Dominates Global Maritime VSAT Market
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network.
France's DCNS Wins $40 bln Australian Submarine Contract
France's state-owned naval contractor DCNS Group has won a A$50bn ($40 billion) contract to build 12 submarines for the Australian Navy, beating bids from Japan and Germany.
IMO Restricts Ship Sewage Discharges into Baltic Sea
The International Maritime Organization (IMO) agreed this week that the Baltic Sea special area for sewage discharges from passenger ships under Annex IV or the…
Ocean Rig buys Cerrado drillship
Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil…
Iranian Ships to Make Trips to Europe, Americas
Iran all set launch a shipping line to Europe, North and South American countries, as sanctions against Iran’s shipping industry has been recently lifted. The Islamic…
DP World Wins Limassol Port Contract
DP World, one of the world's biggest port operators, and the Cypriot logistics and services company GAP Vassilopoulos Public have won two concessions to manage commercial…
US-India Martime Partnership Speeds Ahead
India and the United States have agreed to strengthen their cooperation on maritime security, as concerns grow in Washington over Beijing’s growing military ambitions, reports AFP.
China's Maritime Expansion Big Worry for the World, Says Japan
Japan says its concerns over China's military buildup in the South and East China Seas are shared by many other countries. The issue is expected to be discussed…
Stockholm Ports Set Record
The number of TEUs shipped to Ports of Stockholm increased by five percent over the first quarter of 2016. During the first quarter of 2016 there was a five percent…
V.Ships Wins Fortress Deal
V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical…
Cobham, Inmarsat Enable Smart Shipping for Nanjing Tankers
Inmarsat (LSE:ISAT.L), and Cobham SATCOM today announced that their partner Beijing Marine Communication & Navigation Company Ltd. (MCN) has won the largest Inmarsat…
