Ophir, OneLNG JV to develop Fortuna FLNG Project
Ophir Holdings & Ventures LTD ("Ophir"), a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger…
SECNAV Names Next Amphibious Assault Ship USS Bougainville
Secretary of the Navy Ray Mabus announced November 9 that the name of the next America-class amphibious assault ship will be USS Bougainville (LHA 8). The naming ceremony took place at Camp Lejeune…
DVB Plans Capital Increase
German shipping bank DVB is preparing a capital increase due to losses taken on bad loans, two sources familiar with the matter said on Wednesday. An announcement by DVB…
Vattenfall Wins Danish Wind Project
Swedish utility Vattenfall has won a tender to build Denmark's biggest offshore wind farm, but still faces the potential cancellation of a separate wind project in the country…
Bibby Offshore Wins Shell Subsea Deal
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts from Shell to provide inspection services…
Intellian launches Military Grade GX Maritime System
The Global Defense and Intelligence sector stands to benefit from a ground breaking high-throughput, one-meter Ka-band Global Xpress (GX) maritime terminal, ‘Type…
Massive Investments for Antwerp Port
Massive investments in the port of Antwerp are coming in the next few years. The SEA-Invest group is planning construction of a new tanker terminal in the Delwaide…
Allianz Middle East Ship Management, MCS Join Forces
Allianz Middle East Ship Management and Maritime Craft Services (MCS)have taken delivery of a Damen Fast Crew Supplier 2610. Demonstrating the cooperative relationship between the two companies…
Radio Holland, Thome Ship Management Ink SRA Deal for 200 vessels
Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels.
JF Subsea Inspects Shell Oil Rigs with New ROV technique
James Fisher Subsea (JF Subsea), a world leading subsea services division of James Fisher Marine Services (JFMS), has reduced inspection downtime to 2% for Shell UK…
LA, Long Beach Ports Focus on Updating Clean Air Action Plan
The governing boards of the Port of Los Angeles and the Port of Long Beach will hold a joint public meeting Nov. 17 to discuss proposals for updating the San Pedro…
Eagle Bulk Reports 3Q Loss
Connecticut-based Eagle Bulk Shipping Inc reported a loss of $19.4 million in its third quarter ended September 30, 2016. It had net loss of $20.4 million last year Q3.
NYK Program for Maritime Schools
The NYK-TDG Maritime Academy (NTMA), which NYK operates in the Philippines, successfully conducted an international short-term student-exchange program with maritime…
CMA CGM Adds Weekly Call at Kotka
CMA CGM is set to add a weekly call at Kotka on its St Petersburg Shuttle A service. " CMA CGM is pleased to announce that its St Petersburg Shuttle A service will…
Marine Casualty Investigation in Seychelles
An eight-day training course on the latest tools, processes and procedures in the investigation of marine incidents is taking place in Victoria, Seychelles (7-15 November).
Shipping CO2 Developments Highlighted at COP 22
The recent progress made by International Maritime Organization (IMO) towards reducing greenhouse gas emissions from international shipping has been presented…
Oversupply Dampens Chemical Tanker Market
Softening seaborne trade and rising fleet growth are expected to depress chemical shipping freight rates over the next few years, according to the latest edition of the Chemical Forecaster…
Yarra Visits Indonesia
The crew of the Huon class minehunter HMAS Yarra has paid a rare port call to the Indonesian trade centre of Makassar. Yarra was the first Royal Australian Navy…
The US Election: Ramifications for Maritime
Clinton vs. Trump. Perhaps one of the most important presidential elections in U.S. history, the 2016 Election Day results with have impacts felt far and wide – and all throughout maritime industry. A proverb common to both Greek and Turkish cultures states that a wolf may change its fur, but does not change its nature (Ο λύκος την τρίχα αλλάζει, το χούι δεν τ`αλλάζει /Kurt tüyünü değiştirir, huyunu değiştirmez).
Finnlines Improves Profit despite Lower Revenues
Despite a dip in revenues during the third quarter and first nine months of 2016, Finland-based shipper Finnlines Group was able to improve profits for both bother periods by cutting expenses. The group’s €60.9 million result for January-September was about €20 million better than in the corresponding period last year. “Regardless of the sluggish growth in Europe, the company exceeded last year’s record breaking result by an outstanding 48.1 percent…
