Terex to Automate Ports of Auckland's Straddle Carrier Fleet
Terex Port Solutions (TPS) is for the first time automating a straddle carrier fleet for Ports of Auckland Ltd. (POAL) from New Zealand. By mid-2019, TPS will supply a total of 27 new…
MPI Resolution's leg Extensions Completed
Following the announcement of 24 October 2016, MPI Offshore has stated that the leg extensions to MPI's wind-turbine installation vessel (WTIV), MPI Resolution, are now in place…
GAC Supports Beatrice Offshore Windfarm Project
GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide essential shipping services support for the construction and installation of 84 new turbines as…
COSCO Shipping, DEME Signs Umbrella Agreement
The Belgian dredging, environmental and marine engineering group DEME and COSCO Shipping - the largest shipping company in the world - will work closely on the development…
Korea Line to Take Over Hanjin's Asia-US Route
South Korea’s Korea Line has been picked as the preferred bidder to buy the troubled shipper Hanjin Shipping’s Asia-US operations, beating Hyundai Merchant Marine, reports Reuters.
Dynagas, Gazprom in New Long-term Time Charter Contract
Dynagas LNG Partners signed a new long-term time charter contract for the Clean Energy. The Partnership, through one of its wholly owned subsidiaries, entered into…
Dynagas LNG Q3 Results
Dynagas LNG Partners LP (DLNG) has reported third-quarter profit of $17.3 million. On a per-share basis, the company said it had net income of 44 cents. Earnings…
MSC Enhances Transpacific Service
Mediterranean Shipping Company (MSC) has announced the launch of its sixth service, named SEQUOIA, from Asia to the U.S. West Coast. The new trade provides a direct…
More EU Transport Budget for the Benefit of Europe
30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways…
Master Marine Begins Building Its Next Towboat Series
Master Marine said it has laid the first keel with a contract signed in September for four 67’ x 28’ fleet boats. Each boat will be powered by a pair of S6R2-Y3MPTAW…
Dry Bulk’s Biggest Spenders
![Figure 1 (Source: VesselsValue)](https://images.marinelink.com/images/maritime/w100h1500/figure-1-source-vesselsvalue-67064.jpg)
In the last month, we have seen the Baltic Dry Index (BDI) recover to the same level it was 12 months ago (see circles in fig.1). Vessel values have started to firm, but not at the same rate and are still at historically low levels. In the last 12 months, contrarian owners have taken advantage of the low values and have been buying cheap tonnage. With hindsight, this looks to have paid off with many values having increased above the purchase price.
Bruntons to Debut CPP System at METS
![Image: Bruntons Propellers](https://images.marinelink.com/images/maritime/w100h1500/image-bruntons-propellers-67059.jpg)
A new controllable pitch propeller (CPP) system from Bruntons Propellers Ltd. will make its public debut at this year’s METS exhibition in Amsterdam, November 15-17. Bruntons said it has spent several years developing a CPP propeller and its associated equipment which will solve several issues that have affected CPPs since they were first introduced. In addition to manual control, the Bruntons CPP…
A Definitive Guide to AIS
![Image: BigOceanData](https://images.marinelink.com/images/maritime/w100h1500/image-bigoceandata-67056.jpg)
The world of AIS can be confusing to newcomers and experienced professionals alike. What is AIS? What data does it gather? How can it help my business? Do I need AIS if I don’t have a business? Class A or Class B transponders? Do I actually need it? There’s a plethora of questions from those looking to get the most out of their tracking tools, or from those looking into entering the maritime industry.
Genting Confirms Five-year Shipbuilding Plans
![Global Class vessel (Rendering: Genting Hong Kong / MV WERFTEN)](https://images.marinelink.com/images/maritime/w100h1500/global-class-vessel-rendering-genting-67048.jpg)
Genting Cruises has confirmed its build program for the MV WERFTEN shipyard group following the launch of the first Asian luxury cruise ship, Genting Dream, in Singapore, Hong Kong and Guangzhou, China. Executive Chairman, Tan Sri Lim Kok Thay, stated during the three events that Genting is committed to the long-term development of the cruise industry in Asia. With the rapid growth of the cruise industry in Asia but only a limited number of yards capable of building large cruise ships…
Damen Dredging Equipment Officially Reopened
![Kommer Damen (Photo: Damen)](https://images.marinelink.com/images/maritime/w100h1500/kommer-damen-photo-damen-67042.jpg)
Kommer Damen, Chairman of the Damen Shipyards Group, officially reopened the offices of Damen Dredging Equipment (DDE) in Nijkerk on November 9 following an extensive refit and extension. Among the facility’s improvements, the building now provides visitors with a complete ‘dredging experience’, the company said, starting with displays in the hallways illustrating the challenges of living in the Low Countries and explaining why dredging has been an integral part of its history.
EnScrub’s Sea Trials Completed
![(Photo: EnSolve Biosystems)](https://images.marinelink.com/images/maritime/w100h1500/photo-ensolve-biosystems-67041.jpg)
EnSolve Biosystems said it has completed sea trials of its EnScrub SOx Scrubber Water Treatment System onboard a vessel operating in the Baltic Region. The EnScrub system was installed in April 2016 and the DNV certification testing that was conducted in August 2016 revealed that during closed-loop operation, the EnScrub system was successful in legally discharging 97 percent of the SOx scrubber water entering the system.
Five Large Cranes Delivered to Bulgaria and Egypt
![Photo: HHL](https://images.marinelink.com/images/maritime/w100h1500/photo-hhl-67039.jpg)
HANSA HEAVY LIFT has transported five Gottwald mobile harbor cranes, weighing a total of 1,400 metric tonnes, loading them in Denmark and Belgium and delivering them to Bulgaria and Egypt. All five cranes were lifted and stowed fully-erected on deck, which limited the line of sight for the crew aboard HHL Rio de Janeiro, requiring an extra radar scanner to be installed on the foremast. Extra risk assessments were also carried out prior to commencing the voyage…
Grain and Project Cargo Dominate St. Lawrence Seaway Traffic in October
![FederalCaribou (Photo credit: GreatLakes Seaway and FedNav)](https://images.marinelink.com/images/maritime/w100h1500/alcaribou-photo-credit-greatlakes-seaway-67035.jpg)
“The Great Lakes St. Lawrence Seaway System saw a steady flow of traditional cargoes during the month of October,” said Betty Sutton, Administrator of the Saint Lawrence Seaway Development Corporation. “Last month, shipments of aluminum, steel, generators, crane components, iron ore and containerized goods moved in the system. Thanks to a robust U.S and Canadian grain crop, agricultural products including corn…
Large Earthquake Damages New Zealand Ports and Infrastructure
New Zealand’s largest earthquake in 150 years has led to a number of port and infrastructure issues, advises Inchcape Shipping Services (ISS). The ports of Wellington…
Newly Pumped Crude Leaves Reopened Libyan Port of Ras Lanuf
A tanker left the Libyan port of Ras Lanuf on Monday carrying the first freshly produced crude oil to be exported since the terminal reopened in September, a port official said.