Norwegian Escape Equipped with Alfa Laval Systems
Norwegian Escape, the first cruise ship in Norwegian Cruise Line’s new Breakway Plus Class, was delivered in October 2015. The 164,600 GT vessel, which boasts 19 decks and 4,200 berths over a length of 325.8 m, is not only Norwegian’s largest cruise ship to date, but also one of the largest cruise ships in the world. On board Norwegian Escape are a number of Alfa Laval systems installed to perform a wide range of functions on the ship.
Statoil: Limited U.S. LNG Impact in Europe this Year
The European natural gas market is well supplied by pipeline gas from Norway and Russia, Norway's Statoil said on Wednesday, adding that it expected only limited impact from U.S.
Sembcorp Profit Halved as Clients Defer Projects
Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces prolonged…
G E Shipping Reworks Newbuildings Kamsarmax Exposure
The Great Eastern Shipping Company has entered into an agreement to cancel the new building Kamsarmax which was scheduled for delivery in FY 18 (contract signed in FY 14).
Violent Attacks Worsen in Seas Off West Africa - IMB
As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing…
Stockholm Norvik Port Construction to Start
The planned freight port, the Stockholm Norvik Port, just north of Nynäshamn, is extremely important for the establishment of an efficient, eco-friendly supply of goods to the Stockholm region.
MacGregor's RoRo Access Systems for Car Carriers in Japan
MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017.
EV Acquires Epidote
Leading specialist in well diagnosis, EV, has announced the acquisition of Aberdeenshire-based well integrity software supplier, Epidote Limited, to enable a world-class well diagnosis service.
Thome Ship Management Selects KVH Media
KVH Media Group, distributor of licensed films to the maritime market, and part of KVH Industries, Inc., has announced an agreement with Thome Ship Management to…
ExxonMobil: 5 Tips on Switching Fuels in ECAs
ExxonMobil has compiled five ‘top-tips’ to help vessel operators effectively switch fuels when entering and exiting Emission Control Areas (ECAs) without introducing maintenance issues.
Fugitives Rescued by Disney Cruise Ship in Waters near Cuba
The Disney Fantasy, a cruise ship owned and operated by Disney Cruise Line, part of The Walt Disney Company, rescued three people clinging to a capsized boat near…
US Battles Russia for European LNG Market
As the U.S. prepares to enter the European gas markets with its first delivery of liquefied natural gas, Norway and Russia are expected to increase production to…
Nigeria's LNG Export Falls
Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG)…
Hanjin to Divest Assets
The South Korean carrier Hanjin Shipping plans to generate USD 357 million from asset sales. South Korea’s largest container operator by capacity plans to sell items…
Hanjin Shipping, Hyundai Merchant Merger Talks in Air
A report in WSJ says that Hanjin Shipping Co has applied for a creditor-led debt restructuring to avoid bankruptcy, reviving talk of a possible merger with rival Hyundai Merchant Marine Co. (HMM).
France to Help Libya with Naval Security
France has expressed its willingness to help Libya’s new unity government with maritime security as the fledgling administration seeks to assert its authority over the chaos-wracked country…
Hyundai Heavy Industries Back in Black
According to a regulatory filing, Hyundai Heavy Industries (HHI) racked up 10.2728 trillion Korean won in sales for Q1 2016, a 7.8 percent decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak. The officer added, “We see the 1Q 2016 consolidated earnings have not deviated much from the annual performance goal we set up early this year.
Crude Prices up 3% on Gasoline Rally, Weak Dollar
Crude oil prices rose about 3 percent on Tuesday on the back of a rally in the gasoline market and as a tumbling dollar boosted commodities denominated in the greenback…
ABS Reflects on Strong 2015 Performance
ABS held its Annual Meeting on April 26, 2016 in New York, where Chairman, President & CEO Christopher J. In 2015, the ABS-classed fleet surpassed 230 million gross tons (mgt), a nearly five percent growth from the previous year. The largest areas of expansion for the class society came from the tanker, gas carrier, containership, bulk carrier, offshore support vessel and offshore production unit sectors.
El Faro’s Voyage Data Recorder Located
The voyage data recorder (VDR) belonging to sunken cargo ship El Faro was found early Tuesday morning in 15,000 feet of water, about 41 miles northeast of Acklins and Crooked Islands, Bahamas, the National Transportation Safety Board (NTSB) announced. A specialist team comprised of investigators and scientists from the NTSB, the U.S. Coast Guard, Woods Hole Oceanographic Institution and Tote Services…