Training: New Innovations Being Driven by the Ferry Industry
The Worldwide Ferry Safety Association’s conference on Ferry Safety and Technology, underway today, has featured sessions on Vessels & Landings, Marine Weather,…
New Joint Venture for the Suezmax Market
Euronav NV has formed a commercial joint venture with Diamond S Management LLC and Frontline Ltd. with the aim of creating a single point of contact for cargo owners to access a fleet of 43 Suezmax vessels, including newbuildings, operated on the spot market. The joint venture, which will be named Suezmax Chartering, will commence operation June 2 from the existing offices of Euronav, Diamond S and Frontline Management AS.
PALFINGER Awarded 15-vessel Winch Contract
PALFINGER MARINE Winches and Offshore Equipment has signed a contract for the supply of complete winch packages to 15 Module Carrier Vessels being built for Topaz Energy and Marine. The vessels, of VARD 9 21 design, are developed by Vard Design to navigate the shallow river systems as they transport modules through the Russian waterways to oilfields in Kazakhstan. Measuring 123 by 16.5 meters, the vessels are designed to carry high deck loads of up to 1,800 tons.
K Line's Solar Powered Car Carrier Visits CMP
The latest generation of car carrier arrived recently. The sun doesn’t just shine over the ship, it also contributes to generating energy for it as Drive Green Highway has high efficiency solar panels. Drive Green Highway is the world’s biggest ship adapted for solar energy. She is almost 200 meters long, 38 meters wide and is operated by the Japanese shipping company K Line. The ship has the capacity to load 7,500 cars.
Investigators Probe into Houston Ship Collision
The U.S. National Transportation Safety Board (NTSB) said it will meet June 7 to determine the probable cause of the March 9, 2015 collision between the bulk carrier…
Naust Marine Supplies Winch Control for Sakhalin Trawlers
Naust Marine has secured a contract to supply Autotrawl (Autotow) Winch Control to four Sakhalin trawlers—a first for BATM-class trawlers of the Russian Far East. JSC Pilenga, a trawler-vessel operator based on Sakhalin Island in the Russian Far East, has awarded Naust Marine a contract to install Naust’s ATW (Automated Trawl Winch) autotrawl systems aboard three BATM-class supertrawlers—and on a single Moonzund-class trawler, the F/V Vasilii Kalenov.
ASRY Launches Bahrain Coast Guard Landing Craft
ASRY has launched a new Landing Craft being constructed for the Bahrain Coast Guard (BCG), marking the latest checkpoint for the fully Bahrain-based project. The launch took place at ASRY in the Arabian Gulf in the presence of BCG Brigadier Ala Abdulla Seyadi, ASRY Chief Executive Nils Kristian Berge and other BCG officials. “Our close cooperation with the Bahrain Coast Guard has enabled us to stay on track for this landmark project for the Bahrain maritime sector…
UASC Says Shareholders Back Hapag-Lloyd Merger
The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. UASC, which is owned by Gulf governments, said the merger talks were discussed at an extraordinary general meeting (EGM) for shareholders on Thursday at the company's office in Dubai.
Apax Partners Completes Marlink Acquisition
Funds managed by the private equity firm Apax Partners completed the acquisition of Marlink, Airbus Group’s Commercial Satellite Communication business. Marlink’s…
Panel to Review Roberts Bank Terminal 2 Project
An independent three-member review panel has been established to conduct the environmental assessment of the Vancouver Fraser Port Authority's Roberts Bank Terminal 2 project…
INSIGHTS: Steve Candito, President, Foresea Consulting
Steven Candito is the Founder, President and CEO of Foresea, which provides advisory services including strategic planning, regulatory compliance and crisis management…
Duterte Says He Won't Surrender Rights in S.China Sea
Philippines President-elect Rodrigo Duterte said on Thursday he would not surrender the country's rights over the disputed Scarborough Shoal in the South China Sea, which China seized in 2012. "There will never be an instance that we will surrender our right over Scarborough Shoal," Duterte told a news conference after holding talks with China's ambassador Zhang Jianhua. "That is not a territorial issue.
Rodman Polyships Delivers Catamaran Fast Ferry
Over the last several years, Rodman has designed, built and delivered different types of catamarans, not only for passenger transport but also for other purposes such as hydrographic, research or offshore windmill support catamarans. At the end of 2015, Rodman and Trasmapi signed a contract for the design and build of a new ferry to operate on the Ibiza-Formentera route, starting this summer. The catamaran…
Maersk Line, RUSAL Partner Long-term
Container shipper Maersk Line has signed an agreement of intent with global aluminum producer RUSAL to cooperate within cargo transportation for the long term. Under the agreement…
GTT Receives Order for Two LNG Carrier Newbuilds
GTT has received an order from Hyundai Heavy Industries (HHI) for two new liquefied natural gas carriers (LNGCs) to be built at HHI’s shipyard in Ulsan for SK Shipping, a Korean shipowner.
Danelec Wins VDR Orders in China and Taiwan
Capturing 32 orders for its new-generation DM100 Voyage Data Recorders (VDRs), Danelec Marine’s recent orders were taken by its distributors in China and Taiwan…
BAE Systems Contracted to Maintain Two US Warships
BAE Systems has been awarded contracts from the U.S. Navy for the repair and maintenance of two ships based in Jacksonville, Fla. The contracts come within days of one another and have a combined value of $61.7 million and a cumulative value of $68.6 million if all options are exercised. BAE Systems received a $32.5 million contract from the Navy on May 10 for the docking selected restricted availability of the Arleigh Burke-class destroyer USS Farragut (DDG 99).
Baltic Index Down on Weaker Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday as demand across all vessel segments fell.
DMS Acquires Jeppesen's Marine Division from Boeing
Digital Marine Solutions (DMS) has completed acquisition of the assets of the Marine Division of Jeppesen, a Boeing company. Digital Marine Solutions is owned by the Altor 2003 Fund. Under the terms of the agreement the Jeppesen Marine and C-MAP portfolio will continue to operate as a separate entity under the C-MAP brand name. Operating with its own dedicated resources and management team lead by CEO Egil Aarstad…
Compact Ballast Water Management System Launched
Evoqua Water Technologies has confirmed the launch of a compact version of its SeaCURE ballast water management system (BWMS) at shipping and marine trade show Posidonia on June 6, 2016. The compact SeaCURE BWMS, which will be on display at Posidonia, has been developed by Evoqua as a direct result of customer demand for a smaller solution that can be easily installed across a range of vessels. With a footprint of 5.7m² for a 3…
