US Crude Stocks Plunge as Tankers Delay Arrival on Storm Warning: Kemp
U.S. crude oil inventories plunged by more than 14.5 million barrels in the week ending on Sept. 2, the largest weekly drop since 1999. The reasons for the drawdown…
Wärtsilä In Dow Jones Sustainability Index
Wärtsilä has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), both in the DJSI World and DJSI Europe indices. S&P Dow Jones Indices…
FPSO Turritella Producing, On Hire
SBM Offshore stated that FPSO Turritella is formally on hire as of September 2, 2016 after achieving Commencement of Commercial Production (CoCP). The CoCP certificate was issued on September 8, 2016.
GAC, Forth Join Forces to offer Mooring, Terminal Solutions
GAC UK and Forth Logistics Marine Services (FLMS) have formed a partnership to provide mooring and related terminal services around the UK. Formed on the back of…
Virginia Port Turns a Profit Again
Governor Terry McAuliffe today announced that The Port of Virginia’s preliminary unaudited reports for fiscal year 2016 indicate that it will post an annual operating income of $4.76 million…
A&P to Partner with GEA for BWTS
GEA and A&P Group have signed a Memorandum of Understanding (MoU) regarding a cooperative partnership for the promotion of the ballast water treatment system GEA…
Sovcomflot $ 1.26 bln Debt Financing Complete
SCF Group completed a series of financing transactions in the total amount of USD 1.26 billion. The deals include USD 750 million of unsecured public debt and USD…
LNG Investment Swings to North America
The LNG industry is undergoing a dramatic transformation. North American activity (the majority of which is committed spend) is driving a return to growth in global capital expenditure.
DNV GL Awards AIP for Hyundai Heavy's SkyBench
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced it received the second approval in principle (AIP) from DNV GL for SkyBench, a design…
Governments Must Act on Ballast Water Chaos: ICS
The International Chamber of Shipping (ICS) notes Finland’s significant announcement that it has acceded to the IMO Ballast Water Management Convention. This suggests that this new regime…
Supporting Maritime Women of the Caribbean
Work to support women in the Caribbean maritime industry is underway with the first conference of the Women in Maritime Association Caribbean (WiMAC) taking place in Grand Cayman…
Boosting Maritime Security in Cameroon
An International Maritime Organization (IMO)-led maritime security table top exercise is taking place in Yaoundé, Cameroon (6-8 September) for participants from…
What to Expect From Hanjin Fallout?
South Korea’s biggest shipping company, Hanjin Shipping Co Ltd filed for court receivership in South Korea on Wednesday 31 August 2016 after losing the support of its banks…
GoodFuels Marine, Boskalis Test Wood-Based Marine Fuel
Boskalis, the leading global dredging and marine expert, and GoodFuels Marine, the leading provider of sustainable marine biofuels to the global commercial shipping fleet…
MN100: HydroComp, Inc.
HydroComp, Inc. was established in 1984 to provide powering analysis services to naval architects and shipbuilders. Best known for its award-winning NavCad software, HydroComp is regarded as the premier source for performance prediction software, consulting, and knowledge. The firm’s offerings include NavCad, NavCad Premium, PropCad, PropCad Premium, PropElements, PropExpert, SwiftCraft, and SwiftTrial software. The firm has 8 employees.
Six Suezmax Tankers Earn BV Gas-Prepared Notation
International classification society Bureau Veritas is to grant GAS-PREPARED notation to six Suezmax tankers under construction for Dynacom Tankers Management. The 157…
MN100: GPLink
GPLink is the most capable remote diagnostic tool available for high horsepower systems. Globally, GPLink helps vessel owners and fleet managers by remotely plotting asset locations while also monitoring engines & critical systems. GPLink remotely monitors fuel consumption, idle time, engine hours, speed, engine load and more. Comprehensive reporting allows vessel managers to identify abnormal or wasteful behavior patterns. The firm has 15 employees.
DNV GL Awards AIP for HMD’s Feeder Design
Today at the SMM trade fair in Hamburg, DNV GL presented Hyundai Mipo Dockyard (HMD) with an Approval in Principle (AIP) recognizing the technical feasibility of the new Con-Green 2000 vessel design under the new DNV GL rules. The Con-Green 2000 project brought together partners HMD, MAN Diesel & Turbo, Becker Marine Systems and DNV GL to develop a highly efficient, reliable and economic feeder design.
Fishing Vessel Burns up in Maine
A boat fire was extinguished Thursday off the coast of Jonesport, Maine. The was no one aboard at the time of the fire. At about 6:12 a.m., watchstanders at U.S. Coast Guard Sector Northern New England received a call from the owner, who was on shore, that his 32-foot fishing vessel Bigger Dirls was on fire in Hopkins Point Marina. Station Jonesport launched a 29-foot response boat crew. They arrived…
VSAT Upgrade for MOL LNG Fleet
NSSLGlobal announced it has secured a deal with Mitsui O.S.K. Lines, Ltd. (MOL) subsidiary MOL LNG Transport (Europe) Ltd. to replace the VSAT systems on board MOL…