Ulstein Verft's First Wind Service Vessel Launched
Shipbuilder Ulstein Verft has launched its first vessel within the renewable energy segment, and also the first with the newly-developed X-STERN hull line design.
AccessESP Installs First Access375 Systems
AccessESP, a leading provider of rigless electric submersible pump (ESP) conveyance solutions for the worldwide oil industry, has successfully installed two of its…
ST Engineering Injects $66m into VT Systems
Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has injected US$66m (approximately S$89m) into the capital of its US Headquarters, Vision Technologies Systems, Inc.
POSCO Production at Indiana Ports to start in 2017
Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville.
Ferry Conference: Technology Drives Vessel Advancements
On June 2-3, 2016, the Ferry Safety and Technology Conference will be held in downtown Manhattan. Throughout the world, the quickening pace of technological advances…
Essar Ports Hazira Allows Third-party Cargo
Essar Bulk Terminal Limited, Hazira, a subsidiary of Essar Ports Limited, which is a part of Essar, has received an approval from Gujarat Maritime Board (GMB) to…
DP World Volume Up 3.7%
DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement…
239 End-of-life Ships Sold for Breaking in 1Q
According to the NGO Shipbreaking Platform 239 end-of-life ships were sold for breaking in the first quarter of 2016. Seventy-nine per cent of end-of-life ships ended up on South Asian beaches…
Dassault Systèmes Congratulates Oz Naval Deal
France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines. DCNS, whose naval systems…
GAC EnvironHull Unveils Fuel Savings Calculator
Ship owners and operators can now compare fuel cost savings reaped by hull cleaning with GAC EnvironHull’s online fuel savings calculator. A foul-free hull offers…
Alliance Merry-go-round Spins Again
Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind? To the surprise of many it was announced…
CMA CGM at the Heart of Paris Art Installation
Worldwide shipping group CMA CGM announced that it is the main partner of the Monumenta 2016 art exhibition in Paris. CMA CGM has decided to be at the heart of the creation of the masterpiece…
Cosco Pacific Q1 Profit Up
Cosco Pacific Ltd.'s first-quarter ended 31 March 2016 net profit rose 31.4% from a year earlier on the back of a one-off gain. Turnover sank 2.27% yearly to US$129 million.
Cosco Pacific Appoints Zhang Wei as Vice Chairman
Cosco Pacific Ltd. has appointed Zhang Wei as vice chairman and managing director, replacing Qiu Jinguang who has stepped down from the positions with immediate effect, reports Dow Jones.
37 Piracy Incidents in Q1, Says IMB
Worldwide, International Maritime Bureau (IMB) recorded 37 piracy and armed robbery incidents in the first quarter of 2016, down from 54 in the same period last year.
Hempel’s Fouling Defence Product Hempaguard Applied to 500 Vessels
Leading marine coatings manufacturer, Hempel, announces - after only two and a half years on the market - its award winning innovative fouling defence product Hempaguard…
Argentina Crude Exports Poised to Hit Record
Argentina's oil producers have shipped record volumes of crude this month, spurred by a new government subsidy that has also prompted state-owned oil company YPF…
Ingalls Begins Building US Navy Destroyer
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division marked the start of fabrication for the Arleigh Burke-class (DDG 51) destroyer Frank E. Petersen Jr. (DDG 121) for the U.S. Navy. The start of fabrication signifies that 100 tons of steel have been cut. “This is a significant day for our shipbuilders and for the U.S. Navy as Ingalls once again begins fabrication of another destroyer,” said George Nungesser, Ingalls’ DDG 51 program manager.
Unmanned Aircraft Features Maritime Radar
The UAS producer TEKEVER is launching at Xponential-AUVSI, a new version of its AR3 Net Ray shipborne UAV with an increased payload weight capacity to allow integration of maritime radar. According to the developer, the new UAV is suited for a number of missions, including wide area autonomous surveillance of large maritime and land areas, with onboard multi-sensor pattern detection, as well as multi-mission support…
One Business, Two Regulatory Worlds: Handling DOT and GHS Regulations
The Globally Harmonized System of Classification and Labeling of Chemicals (GHS) deadlines that went into effect on June 1 and December 1, 2015, respectively, have had a significant impact on U.S.
