Fresh Paint Job for the Queen Mary
Restoration work has started on iconic steamship TS Queen Mary, which is in the process of being transformed into one of the U.K.’s largest interactive maritime exhibits. Regarded as the vanguard of 1930s Scottish engineering, Queen Mary was built in 1933 and is the last of its class in the world. Now the 252-foot vessel is set to become a visitor attraction which will make a major social contribution to the City of Glasgow.
Great Lakes/Seaway Iron Ore Trade Up in August
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6,048,409 tons in August, an increase of 2.9 percent compared to a year ago, according to the Lake Carriers’ Association (LCA).
MN100: Jagco Industries
Jagco Industries is a manufacturer of Flexible metal hose assemblies for automotive, Inland Marine, industrial, trucking & Rail. It also manufactures “UNI-FLEX” exhaust couplers for cars & trucks. More familiar to workboat clients, the firm also manufactures Expansion Joints, Pump Connectors, and Exhaust Assemblies for Marine, Industrial & Rail. Jagco produced the first USA Made aftermarket flexible exhaust coupler for cars & trucks.
South Korea: 'Tough Luck' to Hanjin
The South Korean government, long a bastion of support for the country's big conglomerates, is sticking to its hard-line stance on Hanjin Shipping Co Ltd , whose…
Hanjin Shipping Secures $45 mln to Rescue Stranded Cargo
Parent group transfers $36 mln to troubled shipper. It may cost over $150 mln to unload stranded cargo. The chairman of Hanjin Group transferred 40 billion won ($36…
Salalah Port's Volume Surges
Container throughput at the Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 million TEU* in the first half of 2016, representing…
Cost Reduction of Well Construction on UK Continental Shelf
Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low.
Statoil: Considerable Johan Castberg spin-offs
Statoil’s proposed impact assessment programme for the Johan Castberg project reveals that the project will be important to Norwegian industry and have strong ripple effects.
Moore Stephens says Shipping Must Improve Risk Management
Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens.
Superlift on Aircraft Carrier John F. Kennedy (CVN 79)
Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division placed a 900-ton superlift into dry dock, continuing construction…
Jan De Nul NV expands Jamaican Port
Jan De Nul NV is part of a consortium that is responsible for the expansion of the port of Kingston. In 25 months the access channel and the port basin will be deepened…
LNG Tanker En Route to Malta Leaves Singapore
The LNG tanker Armada LNG Mediterrana – or floating storage unit that will be permanently berthed at Marsaxlokk has finally left Singapore harbour, reports Malta Independent.
Maersk May Face Crisis: Economist
Shipping industry faces worse storm than after financial crisis. The industry has been squeezed on both the supply and demand sides: too many vessels have been built and not enough scrapped…
Consolidation of Yard Capacity for Healthy Shipping
A dramatic collapse in newbuild orders due to a weak market environment across all shipping sectors is putting pressure on the global shipbuilding industry, says Teekay Corporation.
Global Spill Response Contract Sparks Interest
The ISCO-BIMCO spill response contract was well received at the ACI Maritime Salvage and Casualty Response Conference that took place in London last week. The contract is still under development…
Developing a Roadmap for Green Coastal Shipping
The Norwegian authorities’ target for 2030 is to reduce greenhouse gas emissions by 40% compared to what they were 40 years earlier. By doing so, Norway will set…
Hyundai Heavy, CNH Industrial in Mini Excavator Alliance
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading construction equipment manufacturer, announced today it enters into an exclusive strategic…
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