DNV GL approves Vard LNG-bunker Ship Design
DNV GL has awarded Vard Engineering Brevik AS with an Approval in Principle (AiP) for their new 6,500 m3 bunker vessel design. The design has been evaluated for…
SGX sees Baltic buy boosting Asian freight derivatives
Singapore Exchange Ltd (SGX) sees the potential to develop new freight derivatives centred on active Asian shipping routes and expand the use of freight derivatives…
APL Bags Quest For Quality Award
APL, part of the CMA CGM Group, received the 2016 Quest for Quality Award for its outstanding performance in the transportation and logistics industry in Orlando, Florida, USA.
COSCO Mulls Hanjin Port Asset Purchase
China's COSCO Shipping Co Ltd may consider buying the port assets of troubled South Korean firm Hanjin Shipping Co Ltd, Chinese online finance magazine Caixin reported on Wednesday.
BRP’s Evinrude Welcomes New Dealers, OEMs
BRP continues its North American expansion of the Evinrude sales network by signing 16 new dealers and four premium OEM boat builders to its portfolio – a clear…
Teekay Sign Yamal Charter for Newbuild
Teekay LNG Partners L.P. has entered into a 15-year time-charter contract with the Yamal LNG project, sponsored by Novatek OAO, Total SA, China National Petroleum Corporation and Silk Road Fund…
COX Powertrain's 300hp Diesel Outboard
Cox Powertrain will preview its professional outboard motor, the CXO300, at the Workboat Show in New Orleans later this year. Britain's Cox brought together engineers from Formula 1 racing and automotive engine design to develop this new concept diesel engine, providing gasoline outboard performance, with diesel economy and reliability. Cox will display a full sized model of the CXO300, which is a revolutionary opposed-piston, diesel outboard designed specifically for professional marine users.
Shipbuilding Consolidation: Luerssen Acquires Blohm+Voss GmbH
Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016. With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship to strengthen its portfolio in the repair and refit activities for yachts, naval and commercial ships as well as enhancing its naval new build activities within their corporation.
NASSCO Delivers Fourth Product Tanker to APT
General Dynamics NASSCO has delivered Bay State, the fourth of five new Jones Act ECO Class product carriers under contract with American Petroleum Tankers (APT). The vessel was delivered on Monday, September 26 during a signing ceremony at the NASSCO shipyard in San Diego. The ECO Class design Bay State is a 610-foot-long, 50,000 deadweight-ton, LNG-conversion-ready product tanker with a 330,000 barrel cargo capacity. The ship’s construction began in May 2015.
Pile Driving Begins for Tacoma’s Pier 4 Upgrade
Manson Construction of Seattle has begun driving the first of 1,241 piles to align Pier 4 with an adjacent pier to create one contiguous berth capable of serving two 18,000-TEU container ships within the Port of Tacoma. The upgrade will help the port support larger container cranes and vessels. The pier is expected to be completed in 2018.
KOTUG SMIT TOWAGE Opens Head Office
The new head office of KOTUG SMIT TOWAGE was opened September 23 in Rotterdam by mayor Ahmed Aboutaleb. KOTUG SMIT TOWAGE was founded on April 7, 2016 following the merger of the European harbor towage services of KOTUG and SMIT. After the start, more business units were physically combined and accommodated in the Las Palmas office building in Rotterdam. “We are delighted that KOTUG SMIT TOWAGE has chosen Rotterdam as its base,” said mayor Aboutaleb.
Cable Ship Rescues 14 Fishermen near Mumbai
The crew deployed on the C.S. Dependable, a transoceanic cable ship from TE SubCom, rescued 14 fisherman in the Arabian Sea off the Maharashtra Coast near Mumbai, India.
US West Coast Dockworkers, Shippers to Talk Contract Extension
Major cargo shippers and the union representing dockworkers at 29 U.S. West Coast ports have agreed to talks on a possible extension of their current contract, which is set to expire in mid-2019, the two sides said in a joint statement on Tuesday. Negotiators for the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union tentatively plan to meet on Nov. 1-2 to discuss the proposal…
Mark Wahlberg Hopes 'Deepwater Horizon' Film Honors Victims
Actor Mark Wahlberg said "the biggest responsibility" for himself and the makers of the new movie, "Deepwater Horizon," was to honor the real-life victims of the 2010 oil rig disaster. "The oil can ultimately be cleaned up, (but) those 11 men can't be replaced," Wahlberg told Reuters at the film's London premiere on Monday. "Those were fathers, brothers, husbands, uncles, cousins. We can't replace those guys and so when they approached me about doing this film…
MV WERFTEN Pumps €75 Mln into Rostock Yard
Announcing further investments into its shipyards, MV WERFTEN has today signed three contracts for the investment program for its Rostock yard, including a purchasing contract for a new thin-plate laser panel line with welding and production automation specialist Pemamek, the construction of a new hall with engineering company Inros Lackner and design services with service engineer Warnow Design. “This…
Kirby to Pay $4.9 Mln Penalty over Oil Spill
Kirby Inland Marine LP has agreed to pay $4.9 million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel in March 2014, the U.S. Justice Department said on Tuesday. The company, a subsidiary of Kirby Corp, also agreed to implement operating improvements across its hundreds of vessels operating in U.S. inland waters, the department said in a statement. (Reporting by Tim Ahmann; Writing by Eric Walsh; Editing by Susan Heavey)
Yard Improvements at Grand Bahama Shipyard
Grand Bahama Shipyard Limited (GBSL), a shipyard in the Caribbean, said it had a productive summer program consisting of work on vessels from the tanker, container and towage segments of the maritime industry. Additionally, renovations and upgrades were performed on the floating dry docks and workshops, all in conjunction with yard improvements in anticipation for a busy fall and winter work period.
First FLNG Production Facility Completes Testing
The first natural gas floating liquefaction unit (FLNG) has completed performance testing at the Wison Offshore & Marine yard in Nantong, China, marking the first time LNG has been produced onboard a floating facility. The performance test was carried out in the presence of classification societies, EXMAR and all the relevant parties, Wison said. During the 72-hour performance test, the performance…
Norway Approves PBES Lithium Energy Storage
Plan B Energy Storage (PBES) said its marine energy storage system has received approval for use in electric and hybrid vessels in Norway, having met the new Norwegian Maritime Authority (NMA) standard. The lithium-ion battery manufacturer PBES, who uses the proprietary CellCool cooling and E-Vent ventilation systems, tested its energy storage system at its Trondheim facility on June 17, 2016. The…
Baltic Exchange Succumbs to Singapore as Shipping Turmoil Deepens
The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. Some 95 percent of shareholders voted on Monday in favour of a takeover deal from Singapore Exchange, valued at 87 million pounds ($112.87 million), trumping more than one effort from the London Metal Exchange to snap it up.
