Zhonggu Shipping to Add Boxships
Shanghai's Zhonggu Shipping may buy 3,398-TEU Stadt Aachen, that was up for sale for US$7.1 million, say local media reports. Zhonggu Shipping earlier stated that…
China VLCC Sells Two VLCCs
China Energy Transport Co., Ltd. (China VLCC) has sold two secondhand VLCCs to an unrelated third party for a total price of $117.5mln. China VLCC is 51 percent…
Petrofac Wins $100 Million North Sea Deal
Petrofac is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn…
Exxon, Total, Chevron in Talks With Pemex on Gulf
Oil majors are in talks with Mexico’s state-owned Petroleos Mexicanos (Pemex) as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico…
Davie Shipbuilding Launches Ferry Replacement Push
Recent changes to Canada’s Federal government’s New Building Canada Fund, announced by Infrastructure Minister Amarjeet Sohi, will enable significant investments in infrastructure systems, including ferry replacement and refits. Ferry operators across Canada will have access to the Fund that may inject billions of dollars in transportation infrastructure projects, providing the proposed projects be completed within a three year timeframe.
Turnbull Tours Austal’s Western Australia Yard
Austal Limited welcomed Australian Prime Minister Malcolm Turnbull to the company’s Henderson, Western Australia shipyard, demonstrating the facility’s naval shipbuilding capabilities, innovation and export success. Following the recent awarding of the $305 million Pacific Patrol Boat Replacement (PPBR) contract, comprising 19 vessels made from Australian steel, the Prime Minister took the opportunity…
This Day In Naval History: May 19
1813 - During the War of 1812, the frigate Congress, commanded by John Smith, captures and burns the British merchant brig, Jean, in the Atlantic. 1855 - The screw…
Fujiwara Takes the Helm at ClassNK
Maritime Reporter & Engineering News visited Koichi Fujiwara, the newly installed Chairman and President of ClassNK, in his Tokyo headquarters for his insights on the global maritime market at large as well as the future direction and mandate of class. With the global maritime market in the grips of a collective slump, the likes of which have not been seen since the energy crisis and resulting economic malaise of the mid 1970s…
Can Shipping Help Greece Ride out the Storm?
Greece is considered to be the world’s first ship-owning country in terms of tonnage. The Greeks are known to control 17.7% of world fleet and gaining share except in crude tankers.
ECDIS: The Quiet Revolution in Maritime Navigation
Driven by the SOLAS-mandated transition to ECDIS, the adoption of digital navigation is the most visible sign of how navigational practices are being transformed. Additional tools are also playing an important role in supporting bridge teams and delivering accurate navigational information to the bridge. We are now halfway through the transition period under the timetable set out in the amendments to the SOLAS Convention adopted in 2009…
Automated Skill Erosion
The increasing automation of vessels is causing some mariners to lose basic maritime skills. During dinner on June 10, 1995, the last night before the cruise ship Royal Majesty was due to arrive in Boston from its voyage to Bermuda, the master bragged to the passengers at his table that his ship could never run aground because it had all the latest electronic equipment, including a navigation system that integrated the GPS signals and other information.
NATO to Boost Effort to Stop Mediterranean Smugglers
NATO agreed on Thursday to broaden its operations in the Mediterranean to help the European Union stop criminals trafficking refugees from North Africa but will…
Barriers, Drivers & Interaction of Wind Propulsion Technologies
Dagmar Nelissen, Senior researcher and consultant at CE Delft, will present the preliminary findings of the EU DG Clima study ‘Analysis of market potentials and market barriers for wind propulsion technologies for ships’, at next week’s Natural Propulsion Seminar. The study’s general objective is to aid the European Commission in exploring how further support can be provided to ensure that wind propulsion technologies are deployed in the shipping sector.
Port Hedland Continues to Forge Ties with Vietnam
Further establishing relationships and economic ties were amongst the items discussed as the recently appointed Consulate General of Vietnam, Phung The Long, met with Town of Port Hedland elected members and senior executives. Town of Port Hedland Acting Mayor Camilo Blanco acknowledged the ongoing relationship that was continuing to develop between Western Australia and Vietnam. “I welcome Mr. Long…
Hamburg Süd to Adopt INTTRA eVGM Service
Hamburg Süd, one of the 10 largest shipping lines worldwide, and INTTRA, the world's ocean shipping electronic marketplace, have expanded their partnership to address the July 1 implementation of the International Maritime Organization's Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment. The INTTRA eVGM Service will be a channel for Hamburg Süd to receive VGM submissions from shippers…
Teekay Tankers Declares Dividend
The board of directors for Teekay Tankers Ltd. has declared a cash dividend of $0.09 per share for the quarter ended March 31, 2016. The cash dividend is payable on June 3, 2016 to all shareholders of record as at May 30, 2016.
Westwood Shipping Withdraws from Port of Portland
Westwood Shipping’s final call to Oregon’s Port of Portland will be May 21, signaling the exit of the last remaining container shipper making regular calls to the port’s Terminal 6.
US Navy Orders General Dynamics' DMR Radios
The U.S. Navy awarded a contract modification to General Dynamics Mission Systems to build and deliver more than 30 new AN/USC-61(C) Digital Modular Radios (DMR)…
Baltic Index Falls on Sluggish Capesize Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday hurt by an decline capesize vessel demand.
Heavy LIfting: Moving Modules for Brazilian FPSO
On April 6, Mammoet, a service provider specializing in engineered heavy lifting and transport, completed a load-out of the first set of four modules bound for the FPSO (Floating Production, Storage and Offloading) P66 vessel. This is the first of eight FPSOs currently under construction for oil production in Brazil. The end client, TUPI BV, is a consortium composed of Petrobras Netherlands BV (PNBV, 65 percent), the British Gas Group (BG Group, 25 percent) and Galp Energia S.A.
