Baltic Sea Freight Index Up on Higher Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, helped by higher rates for bigger vessels.
Sea IT Inks ICT Deal with Veritas Tankers
Sea IT has signed a long-term ICT agreement with Veritas Tankers including installation of the BlueCLOUD Office platform at Veritas Tankers’ headquarters. BlueCLOUD…
Minerva Marine Turns to BMT for Monitoring
BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, has announced the successful installation of its vessel performance monitoring system on board two of Minerva Marine’s chemical tankers, MINERVA LEO and MINERVA TYCHI. For the most accurate Performance Management, the BMT SMART system combines data collected automatically on-board, from the navigation and automation systems, with data only available on shore, such as accurate Hindcast Metocean data.
Shipping Confidence is Low -Moore Stephens
Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The average confidence level expressed by respondents in the markets in which they operate was 5.0 on a scale of 1 (low) to 10 (high). This compares to the 5.6 recorded in November 2015…
Fincantieri Delivers Viking Sea in Ancona
Viking Sea, the second of six cruise ships Viking Ocean Cruises has ordered from shipbuilder Fincantieri, has been delivered today at the shipyard in Ancona. Viking Sea, as its sister ships, is placed in the small cruise ship segment. In fact, with a gross tonnage of about 47,800 tons, it has 465 cabins with accommodation for 930 passengers, with a total capacity of over 1,400 people, including the crew.
Canada's Ferry Sector Welcomes 2016 Budget
With the release of today’s federal budget, Canada’s ferry sector is praising the actions taken by the government to improve fleet renewal across Canada. This includes waiving the tariff on the importation of vessels of all sizes and making strategic investments in locations throughout the country. “Today’s budget will have a real impact on passengers throughout the country,” said Serge Buy, CEO of the Canadian Ferry Operators Association (CFOA).
Kelvin Hughes to Supply Radar for Oman Coast Guard
Kelvin Hughes has been contracted by Rodman Polyships to supply X and S band SharpEye radar systems for a range of new vessels being supplied to the Royal Oman Police Coast Guard (ROPCG). With its advanced target detection capability, the solid-state SharpEye radar provides an industry-leading level of maritime situational awareness, Kelvin Hughes said. Through the Doppler processing of the radar returns…
Hyundai Heavy and GE Partner on GOGES Package
Hyundai Heavy Industries (HHI) has signed an MOU with General Electric Company (GE) to cooperate for the development of GOGES (COmbined Gas turbine Electric and…
RINA Services Classifies First Ships in Iran
RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran.
Damaged Bulker Refloated in the Columbia River
A Unified Command consisting of the U.S. Coast Guard, operators of the motor vessel Sparna, Columbia River Pilots and the National Response Corporation Environmental Services oversaw the safe transit of the damaged motor vessel Sparna up the Columbia River to the North Kalama, Washington pier, Wednesday afternoon. The Sparna, a 623-foot Panamanian-flagged grain bulk carrier, started the transit from…
SCHOTTEL Boosts Customer Service Focus
With the reorganization of its service interfaces, the SCHOTTEL Group announced it is bundling After-Sales Service and System Technology. After-Sales Service now combines SCHOTTEL’s customer service expertise that was previously spread over a number of decentralized interfaces of Customer Support and System Technology. The head of the newly organized division is Dipl.-Ing. Stefan Buch, who has worked…
Vietnam Vexed by Taiwan Media Trip to Disputed Island
Vietnam rebuked Taiwan on Thursday for taking journalists to a disputed South China Sea island, saying the trip was "illegal and worthless" and against the international community's wishes.
SapuraKencana GE Oil & Gas Services Bags PETRONAS FLNG Contract
LNG1 (L) Ltd. (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels. A Contract Exchange ceremony for the award was held in Kuala Lumpur on Thursday…
What’s Next for LNG - DNV GL
Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL – Maritime, looked at some of the current issues in the LNG industry and provided an overview…
Wärtsilä Propellers to Drive Greek Tankers
TMS Tankers Ltd, one of the largest Greece based shipping fleet operators, has selected Wärtsilä fixed pitch propellers (FPPs) for its new vessels under construction in China.
Global Risk Picture for Commercial Shipping Unveiled
Today, Dryad Maritime release the Dryad Maritime Country Risk Map, an online risk portal that has been specifically designed to help commercial teams, CSOs, ship…
Australian-Indonesian Navies hone skills with Cassowary
Australian and Indonesian naval patrol boats have today successfully completed Exercise Cassowary in waters off Darwin. The Australian Armidale Class Patrol Boat…
Boskalis to Build Islands in Indonesia
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by KSO Ciputra Yasmin to construct the land for the Centre Point of Indonesia Project located off the coast of Makassar.
CMA CGM Upgrades Ethiopian Services
CMA CGM develops its Ethiopian intermodal service by linking Djibouti to 6 inland key destinations (Addis Ababa, Mekele, Nefas Meewcha, Gibe, Shashemene and Jinga).
Container Shipping Consolidation “A Route to Survival”: Drewry
In a new white paper, Consolidation in the liner industry, Drewry consider the merits, and pitfalls, of M&A activity within container shipping, but cautioned that…
