Yangzijiang Shipbuilding to Slash 2,000 More Jobs
Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up…
Australia Warns DCNS after Security Breach
Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines…
Vitol's Malaysia Terminal Suspends Ops after Spill
VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.
Hapag-Lloyd: UASC Merger Benefits to show in 2017
German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year…
Danish Maritime Authority Supports Maritime Cultural Days
The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday…
ABS Makes it Safer to ‘Walk to Work’
ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.
Vard Bags Hapag-Lloyd Cruises contract for 2 Vessels
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has secured contracts for…
Sovcomflot Profits slip
Reviewing the company’s financial and operating results for the first half year ended 30 June 2016, on 23 August 2016, the Executive Board of PAO Sovcomflot (“SCF…
Damen Trading Sale hits 500th Vessel
30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.
Scorpene Submarine Data Leak: Setback to Indian Navy
India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities…
Shenzhen Port to Adopt China ECA Regulation
China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year…
Cochin Port Gets a Little 'Breathing Space'
The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government…
Asia’s Biggest Container Shipper Posts Loss
Asia’s largest container shipping company China Cosco Holdings Co posted a net loss of Yuan7.2bn ($1.1bn) for the first six months of 2016, reversing the Yuan2bn…
Viking Grace Marks 1,000 LNG Bunkering Milestone
From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone. The vessel attracted global attention as an environmental…
Hoegh LNG Profits Dip
Norway-based owner and operator of floating LNG import terminals, Höegh LNG reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.
NOAA Engineers a Better Current Sensor for Mariners
Navigating into seaports is now safer and more efficient for mariners thanks to improved NOAA technology that ships rely on to give them information about currents. The Center for Operational Oceanographic Products and Services (CO-OPS) developed a more reliable, cost-saving version of a current sensor system that can now be placed at more remote locations along navigation channels. The updated Acoustic…
Matson Orders Two ConRo Ships from NASSCO
Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both vessels with deliveries scheduled for the end of 2019 and mid-year 2020. Matson is calling these vessels the…
MN100: Conrad Shipyard
Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets. The company provides both repair and new construction services at its five Gulf Coast shipyards located in southern Louisiana and Texas.
Why Maritime Museums Matter
Maritime museums, such as GulfQuest National Maritime Museum of the Gulf of Mexico, are here to introduce to some (and reinforce to others) the continued importance of maritime history and the cultural and economic impact the industry has on a global scale. By doing so, more and more millennials are discovering jobs outside of Silicon Valley, ones that do not require sitting behind a desk all day; jobs that enable you to travel the globe…
Hellenic Petroleum Profits Rise on Higher Exports
Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.
