Kongsberg Technology Chosen for New Ice Class Cruise Ship
Kongsberg Maritime technology has been chosen for installation aboard Australian cruise line Scenic Cruises’ new ice class cruise ship. The 228-passenger, 168 meter long Scenic Eclipse features an ice strengthened hull, but with sleek lines, state-of-the art technology and luxury fittings, it takes its design cues from the exclusive world of billionaire’s megayachts. Scenic Eclipse is currently under construction at Uljanik Shipyard in Croatia, with delivery expected during 2018.
Hapag-Lloyd's Quarterly Profit Up, Sees More Cost Cuts
German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with cut costs and seek economies of scale to cope with the worst downturn the industry has ever seen. Net profit at the Hamburg-based firm came to 8.2 million euros ($8.83 million) in the three months ending Sept. 30, up from 3.2 million a year earlier, while profit before interest and tax (EBIT) came to 65.6 million euros, down from 80.9 million euros previously.
Seacat Services Launches High Speed Utility Vessel
Offshore energy support vessel operator, Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise. The 27m South Boats IoW catamaran is a new category of vessel for the offshore wind market, designed to provide both rapid crew transfer and wide-ranging logistical support for extended periods at sea. In the maturing European offshore wind sector, the expectations of developers…
Rolls-Royce, VTT to Jointly Develop Smart Ships
Rolls-Royce and VTT Technical Research Center of Finland Ltd have announced a strategic partnership to design, test and validate the first generation of remote and autonomous ships. The new partnership will combine and integrate the two company’s unique expertise to make such vessels a commercial reality. Rolls-Royce is pioneering the development of remote controlled and autonomous ships and believes a remote controlled ship will be in commercial use by the end of the decade.
DVB to Seek Capital Increase
German shipping bank DVB confirmed it will seek a capital increase after saying on Monday it expects an even bigger than forecast net loss in 2016. Reuters reported last week that DVB…
23 Kalmar Straddle Carriers for Transnet, South Africa
Kalmar has won a large order to supply 23 diesel-electric straddle carriers to Transnet Port Terminals (TPT) Durban Pier 2, a dedicated straddle carrier operation…
ICTSI Opens CFS in Central Luzon
Subic Bay International Terminal Corporation (SBITC) recently opened its Dock Container Freight Station (CFS) at the New Container Terminal 2 (NCT 2) of the Subic Bay Freeport in Zambales.
Brodosplit to Build First Polar Class Cruise Ship
Brodosplit, a ship builder from the Republic of Croatia, has secured an order to build a Polar Class 6 Cruise Ship for an undisclosed client. By signing this agreement…
Fincantieri Offers to buy Rest of Vard Shares
FINCANTIERI S.p.A. announced that its subsidiary Fincantieri Oil & Gas S.p.A. has launched a voluntary conditional general offer in Singapore for the ordinary shares…
Record Containership Demolitions has suppressed Fleet Growth - Drewry
A record year for containership demolitions in 2016 has helped suppress total fleet growth close to the rate for demand. To repeat that feat the scrapping record will need to be smashed again…
Robert Allan Designed Tug Delivered to Ocean Group
On October 28th, 2016 the Ocean Group Inc. of Quebec City, Canada took delivery of the 6000 kW ASD tug Ocean Taiga. This icebreaking escort tug joins her sister…
Hanjin Fleet Shrinks
Following its bankruptcy filing, Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners…
GAIL Scraps $7-bn LNG Tender
Indian state-owned energy firm GAIL India Ltd has scrapped a USD 7 billion tender for hiring newly built ships to ferry LNG from US after bidders did not agree to 'Make-in-India' terms…
Two Final Bids for Hanjin
Bankrupt Hanjin Shipping Co has received two final bids for its Asia-U.S. route and its 54% ownership in the Long Beach terminal, the Wall Street Journal reported.
Great Eastern Shipping Q2 Profit Falls About 24 Pct
Great Eastern Shipping (GES) Company posted a 23.9 per cent decline in consolidated net profit at Rs 268.7 crore ($40 million) for the second quarter ended September 30, 2016, reports PTI.
Arunta Sails for Extended Mission
There was a sombre tone at HMAS Stirling, in Western Australia, as the 191 men and women serving in HMAS Arunta said goodbye to loved ones and joined the frigate…
Flogas Britain and Stolt-Nielsen announce LNG project for Rosyth
Flogas Britain, the UK’s leading liquefied natural gas (LNG) provider, and Stolt-Nielsen LNG Holdings Limited, a subsidiary of Stolt-Nielsen Limited (Oslo Børs: SNI)…
Double Naming Ceremony of Russian Icebreakers
On Saturday a double naming ceremony took place at Havyard Ship Technology, for the two icebreaking offshore vessels delivered to the Russian shipping company Femco.
Five Rescued from Capsized Boat off Carolina Beach, NC
Coast Guard and partner agencies rescued five people Saturday from a capsized vessel about three miles off the coast of Carolina Beach. Sector North Carolina watchstanders…
Boskalis Profits Zoom as Expected
Royal Boskalis Westminster N.V. (Boskalis) closed the third quarter of 2016 in line with expectations. Both revenue and operating profit were higher than the average…