Hurtigruten, Kleven Ink Explorer Ships Construction Deal
Norwegian exploration travel company Hurtigruten, has signed a letter of intent for the construction of up to four new explorer ships with Norwegian shipyard Kleven.
Larson Electronics Debuts Multi-colored Explosion Proof Signal Light with horn
Larson Electronics released a new multi-colored hazardous location LED signal light with a 110dBA audible horn. The HAL-TL-5X10W-C-PA from Larson Electronics is…
Seafarers International House Honors Maritime Leaders
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T.
MAN Diesel Ship Engine Production Steady
Mitsui Engineering and Shipbuilding co., Ltd. (MES; President: Takao Tanaka) achieved production volume of 181 MAN B&W low-speed diesel engines manufactured at the…
Europe Cheers IMO Efforts on CO2 Reduction of Shipping
European shipowners welcome the significant progress made this week at the 69th session of the IMO Marine Environment Protection Committee (MEPC). The basic features…
CO2 Emissions for Every Ship for Every Hour!
Researchers at UCL Energy Institute use the methodology they developed for the Third IMO GHG Study 2014 and AIS data to estimate emissions from five different ship…
AET Buys Paramount Tankers
American Eagle Tankers (AET), a subsidiary of Malaysian shipping line MISC Bhd, said that it will acquire all the remaining shares of Paramount Tankers, making the latter its wholly owned subsidiary.
Transocean Provides Fleet Status Report
Transocean, the world's leading offshore drilling contractor with 61 rigs in its fleet, has issued a Fleet Status Report that provides the current status of and…
ECSA Calls for Short Sea Shipping Friendly Framework
European shipowners hope that the momentum created by the Dutch Presidency’s High Level Event on Short Sea Shipping held in Amsterdam last February will result in…
Yen Drops on Rate Cut Talk; Oil Climbs
The U.S. dollar rose to a three week high against the yen on Friday, on a report of likely further monetary policy easing from the Bank of Japan, while a rise in…
Beckmeyer Visits Rolls-Royce's MTU Research
Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy paid a visit to MTU Reman Technologies in Magdeburg to find…
Australia-Japan bilateral exercise Ends
Ships and aircraft from the Royal Australian Navy and Japanese Maritime Self Defence Force (JMSDF) have completed the bilateral Exercise NICHI GOU TRIDENT off the coast of New South Wales.
Konecranes' Goliath crane for Meyer Turku Shipyard
Konecranes will deliver a new 1,200 ton Goliath gantry crane to Meyer Turku Oy. The design, precision drive components, electrical installation and automation system…
Krishnapatnam Port Inaugurates Maersk Salalah Service
Krishnapatnam Port inaugurated yesterday the maiden call of “M V Maersk Bentonville” as part of the direct weekly service from Krishpatnam to Salalah (Oman). The…
HCI Capital Acquires Ernst Russ GmbH
HCI Capital AG acquires the long-established Hamburg shipping company Ernst Russ GmbH & Co. KG. The HCI Group, which early in 2016 already the majority of the shares of König & Cie.
BP Shipping U.S. Crude to PDVSA's Terminal
British BP has shipped a U.S. crude cargo to PDVSA's terminal in Curacao, the third one that the firm has sent since winning a tender along with China Oil last month…
AWO, Stakeholders 'Barge In' at Capitol Hill
American Tugboat, Towboat and Barge Industry Urged Support for American Jobs, Vessel Discharge Reform, and Waterways Infrastructure. Members of the American Waterways Operators…
SCA: More Naval Vessels Protect Economy, Provide Security
Shipbuilders Council: Proposed Budget Enables Naval Forward Presence and Protects U.S. National Security Interests. The Shipbuilders Council of America (SCA) today…
KKR Unit Takes on Italian Shipping Company Debt From Banks
Pillarstone Italy, owned by U.S private equity firm KKR, will take on the bulk of the debt owed by Italy's Premuda to a group of banks, in a first move that could…
Waterways Are the Greenest Way to Go
In celebration of Earth Day 2016, The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) released a fact sheet highlighting the many environmental and energy efficiency benefits of our nation’s waterways. Among them, Did You Know... Barge transportation of commodities on our nation’s waterways is the greenest way to move bulk freight. In 2014, 604 million tons of cargo valued at $232…
