GC Rieber Charter Agreement with Reach Subsea
GC Rieber Shipping ASA has entered into a time charter agreement with Reach Subsea for the CSV Polar King to support Norwegian University for Science and Technology’s…
Taiwan Launches its Highest-Capacity Container Ships
State-backed shipbuilder CSBC Corporation, Taiwan has launched two domestically developed and constructed vessels in the southern Taiwan port city of Kaohsiung, reports Taiwan Today.
Maersk CEO: Negative Rates Hurting Shipping
Negative interest rates are hurting shipping industry by delaying the consolidation wave so badly needed, Bloomberg reports quoting Nils Smedegaard Andersen, chief…
Shipping Sector Emissions: LNG, Methanol Lead the Pack
A recent JRC report finds that fuels like liquefied natural gas (LNG) and methanol are the most promising alternatives to drive decarbonisation of the shipping sector…
Iranian Maritime Knowledge Hub to Open
The Iranian Maritime Industry Knowledge Hub will be soon opened up and ready to use by public in the area of shipping and offshore industry. Reza Mohammad Alibeike…
AWO Holds Spring Convention
AWO members converge on Washington D.C. The American Waterways Operators’ (AWO) 2016 Spring Convention attracted more than 200 members to Washington, D.C. April 19-21, including 36 first-time attendees. The annual event included a day of organization-wide and sector-specific meetings to discuss priority industry issues, the 14th Annual Barge-In, the Annual Membership meeting, at which AWO’s new member leadership was elected and new members of the Board of Directors were enrolled…
Odfjell Reports Strongest Quarterly EBITDA Since 2008
Odfjell reported a net result for the first quarter 2016 of $24 millions, with improved EBITDA of $69 million, compared to $45 million last quarter. The company…
Austal Wins Support Deal for LCS 8
Austal Limited announced it has secured an order worth nearly $11.8 million from the U.S. Navy to provide engineering and management services for advance planning and design in support of the Post Shakedown Availability for the Littoral Combat Ship Montgomery (LCS 8). The cost-plus-award-fee order is against the previously awarded Basic Ordering Agreement (BOA) N00024-15-G-2304 for the Independence-variant Littoral Combat Ship program.
This Day In Naval History: May 9
1860 - While off the Isle of Pines (now named Isla de la Juventud) near the south coast of Cuba, the screw gunboat Wyandotte captures the slaver William, which carries 570 Africans. 1926 - Lt. Cmdr. Richard E. Byrd and Chief Aviation Pilot Floyd Bennett report reaching the North Pole in their heavier-than-air-flight aircraft. Both receive the Medal of Honor for this event. 1942 - USS Wasp (CV 7) launches 47 RAF Spitfires…
SHIPPINGInsight Agenda, Keynote Speakers Announced
SHIPPINGInsight announced the agenda and identified keynote speakers for the fifth Fleet Optimization Conference & Exhibition. The annual event will take place October 18-19, 2016, at the Stamford Marriott Hotel and Spa in Stamford, Conn. Capt. Michael Wilson, president & COO of Laurin Maritime (America), will serve as conference chairman. John D. (Jack) Noonan, COO of Chembulk Tankers, and Capt. Norbert Aschmann…
New Tug Joins SAAM SMIT’s Panama Fleet
SAAM SMIT Towage (SST), a joint venture between SAAM and Royal Boskalis Westminster which operates in Canada, Mexico Panama and Brazil, has received a new tugboat to join its fleet in Panama. Built in Rumania by Damen shipyard, SST Rambala belongs to the ASD 2913 series and is characterized by being a compact, maneuverable and powerful tugboat, ideal for crowded ports and waterways with limited space, as well as including firefighting capacity, SST said.
Baltic Index Falls on Lower Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday pulled down by weaker demand across vessel segments.
Danelec to Supply VDRs for Maersk Newbuilds
Danelec Marine informs it has received orders to supply new-generation Danelec DM100 Voyage Data Recorders (VDRs) for 27 new Maersk containerships, which are being…
Helikon Expands Use of GNS Voyager
Maritime services group Global Navigation Solutions (GNS) announced that London-based bulk carrier operator Helikon Shipping Enterprises has expanded its use of…
Next Generation Marine Power: The Future Looks Bright
The Next Generation Marine Power & Propulsion event was held in the Grand Harbour conference venue looking out over the Port of Southampton where cruise ships, oil tankers and the world's largest container vessels ply their global trade. The event brought together a broad and unique marine industry group from the UK, EU and US. A dynamic program, including three keynote speakers and 20 presenters,…
GE Enters the Containership Industry
GE’s Marine Solutions has signed a contract to provide auxiliary electric systems to containership operator Maersk Line’s second generation Triple-E vessels, thus representing GE’s entry into the container shipping industry. The contract will see GE provide Maersk Line with its new Power Take Off/Power Take In (PTO/PTI) technology, which consists of two drives, two induction motors and a power management system.
Rolls-Royce Designs UK's New Polar Research Vessel
Cammell Laird has selected a Rolls-Royce design for the U.K.’s future polar research ship, which, when built, will be one of the most advanced scientific maritime vessels ever constructed. Rolls-Royce will also supply machinery and equipment for the vessel in a deal worth $43.6 million. The 128 meter long ship, which will be named RRS Sir David Attenborough, will be built at the modular construction hall at Cammell Laird’s site in Birkenhead on Merseyside.
Svitzer’s New Escort Tug Named in the UK
A naming ceremony was held on April 22, 2016 for Svitzer Deben, Svitzer’s new Damen ASD 3212 80-metric-ton bollard pull escort tug for the Port of Felixstowe. Marc Niederer…
Philippines' Duterte Says Would Seek Multilateral S. China Sea Talks
Rodrigo Duterte said on Monday that if he became Philippine president he would call for multilateral talks to resolve disputes over the South China Sea, which should…
Dangers of Neglecting on Board Welding Equipment
Wilhelmsen Ships Service (WSS), who conducts safety inspections of onboard welding equipment and consumables at 26 ports throughout the world, said its findings reveal how a lack of maintenance, respect and care for this essential, yet highly dangerous, technology is putting safety, efficiency and even lives at risk every day. WSS offers inspections at a network of international shipping hubs, including New Orleans, Dubai, Rotterdam, Panama and Shanghai.
