Six dead in Mexico as Earl Triggers Landslides
Six people died in eastern Mexico on Saturday after they were buried in landslides caused by intense rainfall from the remnants of now-downgraded Tropical Storm Earl…
KONGSBERG wins EPCI Work for RoPax Ferry
Kongsberg Maritime has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract with Flensburger Schiffbau-Gesellschaft (FSG), a subsidiary of Siem Group.
Kangnam To Build Minesweepers Ships in India
South Korea's Kangnam Corporation will jointly build 12 mine countermeasure vessels (MCMV) in India in collaboration with India's state-owned Goa Shipyard Limited (GSL), reports Hindustan Times.
Daewoo Shipbuilding Fights Liquidity Crunch
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) is going all out to secure cash amid growing concerns over a possible liquidity crisis and…
Cochin shipyard Plans it Big
The Cochin shipyard Ltd (CSL) has plans to develop a major hub of LNG-based ship building and repair facility that would generate about 3, 000 jobs in the State of Kerala, the Hindu quotes Madhu S.
POSCO Daewoo to Supply Marine Equipment to Indonesian Shipbuilder
POSCO Daewoo has signed a memorandum of agreement (MOA) to supply shipbuilding materials worth US$150 million to Penataran Angkatan Laut (PT PAL), Indonesia’s largest state-run shipbuilder…
Safe Carriage of Dangerous Goods in Containers
The International Group of P&I Clubs and the shipping line members of the Cargo Incident Notification System (CINS) have recently produced a new set of guidelines…
Danaos Reports 25.5% Rise in Income
Danaos Corporation, one of the world's largest independent owners of containerships, has reported net income of $47.7 million for the three months ended June 30…
OOCL Cancels October Asia-Mediterranean Sailing
Hong Kong's Orient Overseas Container Line (OOCL) has cancelled the sailing of the Asia-Mediterranean Service in October in response to low demand. Specifically…
Tropical Storm Earl moves inland over southeastern Mexico
Tropical Storm Earl moved inland early on Saturday over southeastern Mexico where torrential rains could produce deadly flash floods and mudslides, the U.S. National Hurricane Center said.
Los Angeles Port Fellows Program Makes an Impact
As the maritime industry continues to evolve, the need for developing well-trained, knowledgeable and tech-savvy port leaders of the future has never been greater.
Cosco in Red
Chinese shipbuilder Cosco Corporation (Singapore) has suffered a net loss of S$ 36.8 million (US$ 27.4 million) in the second quarter of 2016. The net loss for the…
First “Neo-Panamax” Calls Port of Philadelphia
The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River. The MSC Sofia Celeste…
Rickmers Profit Nosedives, Plans Lay-ups
Rickmers Maritime incurred a loss of US$55.6m in the second quarter, wider than the year earlier $15.7m on the back of a non-cash impairment charge as charter market conditions deteriorate.
LNG-Prices Slide, Middle East Boosts Imports
The new new supply of liquefied natural gas (LNG) from Russia's Sakhalin plant and weakening demand from Egypt helped snap a months-long rally. Hence Asian spotLNG prices fell this week…
UK Treasury Deletes 3 Iranian Shipping Lines from Sanctions List
The UK Treasury deleted names of three Iranian martitime companies active in maritime transportation from its list of entities entitled to financial sanctions. As…
Cyprus Launches Maritime Academy
The University of Nicosia announced the operation of the Cyprus Maritime Academy at the Bernhard Schulte Shipmanagement Centre for Nautical Education, where the academy’s facilities are housed.
SS United States Will Not Return to Service
A comprehensive technical feasibility study has determined the SS Unites States to be structurally sound, but a number of insurmountable obstacles will keep America’s Flagship from returning to seagoing service. In February, Crystal Cruises reached a deal with the SS United States Conservancy to restore what was once the world’s fastest, safest and largest passenger liner to a fully operational modern luxury cruise ship, pending the results of a technical feasibility study.
Is it a Ship or Iceberg?
Developing the capability to discriminate between ships and icebergs in northern latitudes is a common interest shared by Canada’s Department of National Defense (DND) and the oil and gas industry. For DND, the focus is on ship detection for maritime security, whereas oil and gas companies are interested in detecting icebergs to ensure primarily the safety and also the productivity of offshore exploration and production operations.
Nautican Launches Standardized IPU Series
Nautican said it has completed the pre-engineering of new standardized components for a full range of Integrated Propulsion Units (IPUs) for propeller diameters from 64-156”, forming the core of the new Nautican Ocean Series IPUs. According to Nautican, this new series allows it to rapidly design a complete system for each customer, based on standardized components. “Engineering used to be our biggest bottleneck,” said Elizabeth Reynolds Boyd, President of Nautican.
