Rolls-Royce to Power New York's Newest Luxury Ferry
Rolls-Royce has won a contract to supply power and propulsion to New York’s newest and largest high-speed luxury ferry. The catamaran, operated by New Jersey based Seastreak, will carry up to 600 passengers between Monmouth County, N.J. and Wall Street in less than 40 minutes at a top speed of 35 knots. Power comes from four high-speed MTU diesel engines type 12V 4000 M64 from Rolls-Royce. The engines will be EPA Tier III compliant and offer the lowest emissions on the market.
Excess Tonnage Weighs on Asia Dry Bulk-Capesize Rates
Capesize market "absolutely dead" on Thursday - broker. Vale says no new cargoes but owners sail empty vessels to Brazil. Freight rates for large capesize dry cargo…
Naptha Tanker Explodes at Southern China Port
An oil tanker carrying 3,400 tonnes of naphtha exploded during discharge at a southern Chinese port on Thursday and one person on board was missing, official Xinhua news agency reported.
Rickmers’ Investors Demand Prompt Bond Repayment
Singapore-based shipping trust Rickmers Maritime announced that it has already received a letter from lawyers representing a group of bondholders demanding for the…
Korea's Top 3 Shipbuilders' Shaky Performance
The value of contracts signed by Korea's big-three shipbuilders— Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries…
EU Transporters Seek Okay for Multi-Annual Financial Framework
30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways…
Freeport of Riga Shortlisted for ESPO Award
The ESPO Award 2016 will be presented to the port authority that succeeds the best in safeguarding and further upgrading the nature in the port area, both on land and at the waterside.
'We Will Not Stand by and Wait for Global Regulation' -Maersk Line
Shipbreaking has become commercial due to the recycling of steel becoming a global commodity in demand. This means that the dismantling and recycling of a ship are…
Maersk Line Returns to Iran
The latest country included in the Maersk Line organization is part of the UAE cluster comprising of UAE, Oman, Qatar and Iran. Christian Juul-Nyholm, Managing Director…
Cargo Traffic Handled by Indian Ports Increases by 5.2 % for H1
The Major Ports in India handled 315.4 MT (Million Tonnes) of cargo during the first six months of FY 2016-17 (April-September) and showed a positive growth of 5.1…
Countdown to London International Shipping Week
The countdown to London International Shipping Week 2017 (LISW17) officially began last night with an exclusive launch reception held at the iconic Norton Rose Fulbright…
Skangas Secures Framework Agreement with Statoil
Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered…
Panama Canal Cargo Tonnage Zooms
Strong container traffic, newly introduced segments and the Expanded Canal all contribute to the 330.7 million tons of goods welcomed through the Canal in FY16, the third highest amount ever recorded.
Robert Alan Designed ATB Tugs for ITB Marine
The ITB Marine Group Ltd. (ITB) is currently well into construction of the first of two, twin Z-drive, ATB pusher tugs for service on the West Coast of North America.
Durban Women Scoop Maritime Awards
Transnet National Port Authority women flew the flag high at the Women in Transport Awards which took place at the Durban ICC on 18 October 2016. The Women in Transport…
CMA CGM, ENGIE Ink LNG Deal
CMA CGM and ENGIE signed a Memorandum of Understanding to promote LNG as the marine fuel for tomorrow’s container vessels. Farid Salem, Executive Officer of the CMA CGM Group…
NATO: Major Russian Naval Deployment Underway
Russian warships off the coast of Norway are carrying fighter bombers that will likely reinforce a final assault on the besieged Syrian city of Aleppo in two weeks…
Rescuers Save 301 Boat Migrants in Med
Rescuers pulled 301 boat migrants to safety and found five dead bodies in five operations in the central Mediterranean on Wednesday, the Italian Coast Guard said.
Crowley Hits Milestones in Puerto Rico Investment
Highlighting the economic impact under the Jones Act of its $500 million investment in the trade between the U.S. mainland and Puerto Rico, Crowley Maritime Corporation’s liner services group reached new milestones in its construction of two new, Commitment Class ConRo (combination container and Roll/On-Roll/Off) ships that will be powered by liquefied natural gas (LNG), and in its terminal construction in San Juan.
Port Extension Work Begins at Guayaquil
Terminal Portuario Guayaquil (TPG), port operated by SAAM since 2006, began one of its most important projects in recent years: the extension of its dock by 120 meters. The works will imply increasing the dock from its current 360 meters to 480 meters, project that should be completed by the end of the first quarter of 2017. "The beginning of these extension works is a milestone for TPG. This, together with other initiatives…
