Croatia’s Jadrolinija to Buy New Passenger Ship
The Croatian ferry operator has started implementing its development strategy, and one of the main elements of the strategy is further development of the fleet.
Indian Warships Visit Port Victoria
In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and Aditya…
MV WERFTEN, Foreship Sign Design Agreements
MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design…
NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands
The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically found…
Zumaia Offshore Acqires MPP Workboat Aitana B
In April 2016 Zumaia Offshore, S.L., leading workboat owner and operator based in the Basque Country, took delivery of the Cummins-powered MPP workboat “Aitana B”…
BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project
BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development. The…
Skaugen Goes to Red Again
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities…
Kongsberg Performs Well in Q2
Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends…
Maersk Line's Innovative Smart Reefers
Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.
Hapag-Lloyd Shareholders Okays Merger with UASC
Hamburg-based ocean carrier Hapag-Lloyd said its shareholders approved all items on the agenda at Annual General Meeting, mainly the share capital increase needed…
Onshore Spending on the Cusp of Recovery?
DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will see…
White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation
Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.
Rickmers Holding, E.R. Capital Drop Merger Plan
Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities. For many years the companies have…
C-Job Designs Flettner Freighter for Switijnk
The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile. The contract follows the substantial media attention for the 4,500 DWT Flettner Freighter (the FF4500) which C-Job Naval Architects developed as part of the European Union Interreg project SAIL. Taking the project name of FF8000, the design will be for a dry cargo ship with 8,000 ton deadweight.
Yangzijiang Shipbuilding to Slash 2,000 More Jobs
Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up…
Australia Warns DCNS after Security Breach
Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines…
Vitol's Malaysia Terminal Suspends Ops after Spill
VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.
Hapag-Lloyd: UASC Merger Benefits to show in 2017
German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year…
Danish Maritime Authority Supports Maritime Cultural Days
The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday…
ABS Makes it Safer to ‘Walk to Work’
ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.
