World First: Unmanned Autonomous Boat for Offshore Ops
While talk of autonomous operations in the maritime sector have swirled for years, the talk becomes reality as Automated Ships Ltd. (an M Subs Ltd subsidiary) and Norway’s Kongsberg Maritime signed a Memorandum of Understanding to build the world’s first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships Ltd will contract the ‘Hrönn’, which will be designed and built in Norway in cooperation with KONGSBERG.
SpeedCast to Acquire Harris CapRock
SpeedCast acquisition of Harris CapRock creates a global and diversified leader in remote communications and network services. SpeedCast International Limited, a…
China, Malaysia Ink Navy Vessel Deal
China and Malaysia signed 14 agreements on Tuesday, including one on navy vessels, after a meeting between Malaysian Prime Minister Najib Razak and Chinese Premier Li Keqiang.
Ten Dead in Blast at Pakistani Ship-Breaking Yard
At least 10 Pakistani workers were killed and more than 50 injured on Tuesday by huge blast in an oil tanker at a ship-breaking yard, trade union officials said, adding that the death toll could rise.
Joannides to Lead Intellian's American Business
Intellian has appointed industry veteran Edward Joannides to take the helm of its Americas business unit as General Manager. Joannides’ experience in both the maritime…
Panama Canal launches Incentives for Cleaner Shipping
Today, the Panama Canal launched the Environmental Premium Ranking, a new initiative that rewards customers who meet high environmental efficiency standards. The…
Marine VSAT Services for Nakilat’s Fleet
Global Eagle Entertainment Inc. (“GEE”) (NASDAQ:ENT) and Radiance Communications are deploying marine VSAT services for Nakilat’s fleet of LNG and LPG carriers.
Sembcorp Marine, ENGIE Ink Gravifloat Technology Deal
Sembcorp Marine Rigs & Floaters Pte. Ltd., and Paris-based ENGIE have entered into a Memorandum of Understanding (MOU) to cooperate in the development and deployment…
First Steel Cut for Norwegian Bliss
Norwegian Cruise Line is celebrating the cutting of the first piece of steel for Norwegian Bliss, the line’s sixteenth vessel and the first one designed for the ultimate Alaska cruising experience.
Odffjell to Build Record Size Stainless Steel Chem Tankers
Odfjell has ordered four chemical tankers (with options for an additional four) with stainless steel cargo tanks from China Shipbuilding Trading CO., Ltd. and Hudong-Zhonghua Shipbuilding (Group) CO., Ltd. The ships cost $60m each. The 49,000 dwt ships, with a cargo capacity at 54,600 cbm, reportedly makes them the world's largest stainless steel chemical tankers, according to the Norwegian owner.
Statoil Suspends Songa Enabler Rig
Statoil has decided to temporarily suspend the Songa Enabler mobile rig, which was originally scheduled for drilling for the Johan Castberg licence. The suspension…
Statoil Submits Trestakk Plan for Development and Operation
Statoil, on behalf of the license holders, has submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bodø.
Port of Oakland Terminal OK to Expand
Work could begin next month to nearly double the size of the Port of Oakland’s second-largest marine terminal. TraPac LLC said today it’s ready to begin construction…
Dynagas Bags Charter Deals with Gazprom
Dynagas LNG Partners LP has entered into a new long term time charter agreement with Gazprom Marketing & Trading Singapore Pte Ltd. for the employment of the 2007 built 150…
J Lines’ Merger is All About Scale and Survival
The announcement that three Japanese shipping groups will merge their liner shipping businesses is further evidence of survival M&A sweeping the industry according…
IMO: New Requirements for International Shipping
An important milestone on the road to controlling greenhouse gas emissions from international shipping has been achieved with the adoption of new mandatory requirements…
DryShips Sells 5 Vessels
DryShips Inc., an international owner of drybulk carriers and offshore support vessels, has sold five of its Panamax vessels for an aggregate gross price of $29.4 million.
