Wilhelmsen and Wallenius to Merge
Wilhelmsen and Wallenius have signed a letter of intent to establish a new ownership structure for their jointly owned investments. The new entity, Wallenius Wilhelmsen Logistics ASA…
Deltamarin Designed Ro-pax Vessel for Mols-Linien
Deltamarin Ltd is to provide the Finnish Rauma Marine Constructions Oy shipyard with design services for a ro-pax vessel to be built for the Danish Mols-Linien A/S.
Embracing New Hull & Propeller Performance Criteria
ISO 19030 – to be published shortly – defines a set of fully transparent methodologies to measure changes in hull and propeller performance. As a leading coatings manufacturer…
ABS Launches Guide for Container Shippers
Class Society builds on long history of developing tools to drive optimization, compliance and safety in the containership sector. ABS released two new tools specifically…
LOC Enters Offshore Wind Farm Sector in Korea
London Offshore Consultants (LOC) has clinched its first ever windfarm project work in the Asia Pacific region. LOC in Korea has been jointly appointed by reinsurers…
Mumbai Port's Container Terminal to handle Dry Bulk Cargo
Mumbai Port Trust has allowed berthing of dry bulk cargo vessel at its OCT (Offshore Container) Terminal on trial basis following persuasion by members of Mumbai…
Its Time to Act for Minimising Cost: EU F-Gas Regulations on Refrigerants
The cost of refrigerant and regulatory compliance in the next five years will become as commercially important to vessel operations as regulations governing sulphur emissions are today…
Underwater Inspections a Boon - Hydrex
Building upon conventional technical skills and know-how while also taking advantage of the latest technology, Hydrex offers a unique hull monitoring service to its customers.
Hanjin Files for Bankruptcy in U.S.
South Korea’s troubled container shipper Hanjin Shipping Co Ltd has filed for bankruptcy in the United States to protect its vessels from being seized by creditors, the Wall Street Journal reported.
53 Hanjin Vessels Denied Port Access
The problems that collapsed South Korea’s Hanjin Shipping could be just the tip of the iceberg. Its fleet is either stuck in ports or unable to dock, with port authorities…
Japanese Shipbuilding Alliance Threatens Korea
According to the Nikkei, Mitsubishi Heavy Industries Ltd. (MHI) has entered negotiations with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co.…
Two Greek Shipping Firms Indicted
Greek shipping companies Oceanic Illsabe Limited and Oceanfleet Shipping Limited, and two of their employees, were convicted of violating the Act to Prevent Pollution from Ships (APPS)…
Challenges in Brazil Could Benefit Tanker Markets
Brazil stays in the spotlight - Tanker Research & Consulting department at Poten & Partners takes a look at the tanker market in the country. The Rio Olympics were successfully concluded on August 21.
Tanker Market: Electrifying Demand
Twenty years, the investment timeline to consider when ordering a new tanker, is a long time in any industry, not least in the rapidly evolving energy markets and the drive for cleaner fuels…
Technology Transformation in the Offshore Survey Market
Offshore surveys are a necessary precursor for both Oil & Gas (O&G) and renewable energy installations on the seafloor. Particularly for new projects in remote regions…
Kenya Commissions Terminal at Mombasa
Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the volume of cargo handled by East Africa's largest seaport.
Parker Kittiwake Launches Condition Monitoring Starter Kit
Parker Kittiwake today launched the Condition Monitoring Starter Kit. The kit combines the Parker Kittiwake DigiCell combined kit, the Holroyd MHC-Bearing Checker…
India Shelves Plan for More DCNS Submarine
Following the leak of secret data about Scorpene submarine capabilities, in ‘The Australian’ newspaper last month, India is believed to have decided not to let…
Tanker Sale & Purchase Update
For now, the Sale & Purchase (S&P) market is pretty dead (because the charter markets are also slightly lifeless). S&P transactions for tankers have almost halved so far this year (Jan 1-Sept 2)…
India to Revive Irano Hind Shipping Company
India's government owned Shipping Corp. of India Ltd (SCI) plans to revive a 40-year-old joint venture with an Iranian company after a gap of 4 years, reports Bloomberg.
