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…
Wärtsilä Expands Genius Services Offering
The Wärtsilä Genius service offering now further supports customers' business with the newly launched Wärtsilä Offline vibration analysis service monitors the health of propulsion and other rotating equipment. In addition, Wärtsilä Engine efficiency monitoring service is now available for dual-fuel engines. Wärtsilä Condition based maintenance service has been updated to allow daily follow-up of equipment condition…
Lifeboat Donated to Hellenic Rescue Team
A new lifeboat has been donated to the Hellenic Rescue Team (HRT) by fellow International Maritime Rescue Federation (IMRF) members the Norwegian Society for Sea Rescue (RS), and the Norwegian Ministry of Foreign Affairs. ‘Norway II’ is the second lifeboat to be donated to HRT and follows ‘Norway I’ that has operated since September last year in the Aegean Sea around Kos. In her speech on Lesvos, the ‘godmother’ of the boat, Mrs.
Canadian Con-Ro Pair Drydocked in Gibraltar
Gibdock's ro-ro and container ship repair work continues, following the drydocking of two con-ro vessels operated by Canadian shipowner, Oceanex. Oceanex provides intermodal transportation services to the Canadian Atlantic provinces of Labrador and Newfoundland. Gibraltar-based Gibdock was selected by St John’s, Newfoundland-based Oceanex to carry out wide-ranging work on the 2013-built, 1300 teu Oceanex Connaigra, and the 1977-built, 1125 teu capacity, Oceanex Sanderling.
Eastern Delivers Escort Tug to Bay-Houston Towing
Eastern Shipbuilding Group, Inc. announced the delivery of the Escort Tug ZYANA K for Bay-Houston Towing Co. on May 5, 2016. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s Nelson Street facility. The ZYANA K (ESG Hull #238) is the second in a series of four Z-Tech Class Terminal & Escort Tugs being constructed for Bay-Houston Towing Co. The H.
Experts Expect Lively Hurricane Season
AccuWeather reports experts are calling for an above-normal hurricane season this year with 14 named storms forecast for the Atlantic basin. Of those, eight are predicted to become hurricanes and four are predicted to become major hurricanes. Due to a combination of factors, this season is expected to be more active than any season in the past three years. Experts warn that those living along the Atlantic coast should be on alert.
Ship Simulator Installed at City of Glasgow College
Transas has completed the installation of Scotland's most advanced integrated ship simulator suite in the City of Glasgow College, the country's largest college. The simulation solution from Transas forms a core part of the new Riverside Campus, Phase One of the City of Glasgow College's super campus development. The installed simulator suite includes a full mission engine room simulator and four simulator labs for studying electronic navigation systems…
Asia Dry Bulk-Capesize Rates Firming on Cargo Volumes
Tough measures needed to achieve profitability -BIMCO. Freight rates for large capesize dry cargo ships on key Asian routes are likely to hold around current levels…
Marine Harvest Seeks to Farm Fish on Old Bulkers
Oeyvind Oaland, Global Director of R&D at the world's top fish farmer Marine Harvest , says firm has applied for 6 development licenses from Norwegian authorities…
