Box, Dry Bulk Can Sustain by Slashing Capacity
International accountant and shipping adviser Moore Stephens believes slashing capacity is the only way to achieve stability in the dry bulk and container ship sectors.
Adani Ports to Expand Terminal with MSC
Adani Group turns its flagship port and India’s biggest commercial port at Mundra in Gujarat into a regional transhipment hub by partnering with Terminal Investment Ltd SA…
Shipyard Employees Design Tool for Breaker Maintenance
A tool designed by Norfolk Naval Shipyard (NNSY) employees will make servicing ships' breakers more efficient. Breakers prevent overloads and potential electrical…
Mexican Navy Orders Three Patrol Vessels
![Photo: Damen](https://images.marinelink.com/images/maritime/w100h1500/photo-damen-53815.jpg)
The Mexican Navy (Secretaria de Marina - SEMAR) and Dutch shipbuilder Damen Shipyards Group have signed contracts for three, 42-meter patrol vessels in addition to navy’s existing fleet. The new ships will be of the Damen Stan Patrol 4207 design. Known in Mexico as the Ténochtitlan class, the three new SPa 4207 vessels will be built by the Mexican Navy Yard ASTIMAR 1 in Tampico. Damen will provide the engineering, material package, technical assistance and crew training.
U.S. Shipbuilding: Funds Available for Small Shipyards
![Chip Jaenichen (Photo: MARAD)](https://images.marinelink.com/images/maritime/w100h1500/chip-jaenichen-photo-marad-53812.jpg)
Maritime Administration announced funding availability for small U.S. The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the availability of $4.9 million in Federal funding to support capital improvements and employee training at small U.S. shipyards. The grants, provided through the Small Shipyard Grant Program, will support efficiency improvements and modernizations that allow U.S. shipyards to compete more effectively in the global marketplace.
Carnival Corp. to Launch Four New Ships in 2016
![ms Koningsdam (Photo: Holland America Line)](https://images.marinelink.com/images/maritime/w100h1500/ms-koningsdam-photo-holland-america-53811.jpg)
Carnival Corporation & plc will launch four new ships in 2016 across four of its global cruise brands. These additions are part of the 17 ships scheduled for delivery for Carnival Corporation’s 10 brands through 2020. “As we execute our fleet enhancement plan – which includes a long-term strategy for bringing highly efficient, state-of-the-art ships to market and elevating the overall cruise experience…
XL Catlin Promotes Chief Underwriting Officer, Marine
XL Catlin today announced the promotion of Anne Marie Elder to the role of Chief Underwriting Officer Marine for the Americas region. Elder in her new leadership role now reports to Lee Meyrick…
Remains of Lost 1800s Whaling Fleet Found
![Abandonment of the whalers in the Arctic Ocean, September 1871, including the George, Gayhead, and Concordia. This illustation originally ran in Harper’s Weekly in 1871. (Credit: Robert Schwemmer Maritime Library)](https://images.marinelink.com/images/maritime/w100h1500/abandonment-of-the-whalers-in-53807.jpg)
NOAA archaeologists have discovered the battered hulls of two 1800s whaling ships nearly 144 years after they and 31 others sank off the Arctic coast of Alaska in one of the planet's most unexplored ocean regions. The shipwrecks, and parts of other ships, that were found are most likely the remains of 33 ships trapped by pack ice close to the Alaskan Arctic shore in September 1871. The whaling captains…
Glendinning Named SVP, Service Division, Alfa Laval
![Ross Glendinning (Photo: Alfa Laval)](https://images.marinelink.com/images/maritime/w100h1500/ross-glendinning-photo-alfa-laval-53806.jpg)
Ross Glendinning was appointed Senior Vice President, Service Division of Alfa Laval Inc. in January 2016. Glendinning is charged with driving consistent profitable growth, and developing new sales opportunities for the service business of Alfa Laval in the U.S. His responsibilities include leading parts sales, reconditioning services, field services and technical support activities. Glendinning joined Alfa Laval in 1982 as Marine Engineer for the company’s military products group.
Shipping Faces More Volatility in 2016 -Moore Stephens
![Richard Greiner (Photo: Moore Stephens)](https://images.marinelink.com/images/maritime/w100h1500/richard-greiner-photo-moore-stephens-53805.jpg)
The shipping industry is expected to remain volatile and indispensable in 2016, says International accountant and shipping adviser Moore Stephens. Moore Stephens shipping partner Richard Greiner says, “The ultimate definition of an optimist has been characterized as an accordion player with an answerphone. Such extreme optimism might be difficult to find in shipping today, but the portents for 2016 are not all bad.
Baltic Index Dips on China Economy Concerns
The Baltic Exchange's main sea freight index, tracking rates for ships carrying industrial commodities, extended its record low on Wednesday as concerns over the…
EU-funded R&D Produces New Ship Bridge Designs
![Image: CASCADe](https://images.marinelink.com/images/maritime/w100h1500/image-cascade-53801.png)
A three-year EU-funded project, CASCADe, has developed new methodologies in which information is shared and displayed on a ship’s bridge, helping to improve efficiency on board and contribute toward the prevention of accidents at sea. Drawing directly from the experience of seafarers, CASCADe has developed a new adaptive bridge design methodology that treats both human agents and electronic equipment as parts of a cooperative system. This allows for the sharing of information to be optimized.
Drydocks World Earns Five Star Safety Grading
![Photo: Drydocks World](https://images.marinelink.com/images/maritime/w100h1500/photo-drydocks-world-53800.jpg)
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors, announced it has received a five star rating from the British Safety Council for the Occupational Health and Safety. The company underwent a detailed, quantified and objective audit conducted by the British Safety Council on occupational health, safety management systems and a number of key safety indicators.
China Shipping Woes Continue as Bulk Rates Plunge
Baltic Dry Index hits all-time low of 468 points on Tuesday. China's dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates…
Crowley Promotes VP and Deputy General Counsel
![Kerri McClellan (Photo: Crowley)](https://images.marinelink.com/images/maritime/w100h1500/kerri-mcclellan-photo-crowley-53797.jpg)
Crowley Maritime Corporation announced today that Kerri McClellan has been promoted to vice president and deputy general counsel for the corporation. McClellan, who is based in Jacksonville and reports to Senior Vice President and General Counsel Mike Roberts, joined Crowley approximately two years ago as senior corporate counsel and assistant corporate secretary and has excelled at corporate governance and transactional work among other legal areas, the company said.
Abu Dhabi Port 2015 Box Traffic Up Sharply
Container volumes rose by 32 percent at Abu Dhabi's Khalifa Port in 2015 buoyed by industrial and infrastructure development in the emirate, operator Abu Dhabi Ports said on Wednesday.
Four Tanks Ablaze at Libyan Ports
Fires caused by clashes between Islamic State militants and guards near Libya's biggest oil ports have spread to four oil storage tanks that were still burning on Wednesday, a guards spokesman said.
Statoil Invests $55M in Innovative Tank Cleaning Tech
![M-I SWACO has developed a new technological solution and has now been awarded a contract with Statoil that is valued at around 55.7 million, including options. (Photo: Statoil)](https://images.marinelink.com/images/maritime/w100h1500/mi-swaco-has-developed-a-53796.jpg)
Statoil has long been looking for a way to make tank cleaning on supply vessels safer and more effective, and at the same time reduce its environmental footprint. In a new technology just made commercial, it believes it has found a viable solution to one of the maritime industry's age-old problems: Tank Cleaning. M-I SWACO has developed a new technological solution and has now been awarded a contract with Statoil that is valued at around 55.7 million, including options.
Heavy Lifter: Spreader Beam Lifting Rig for Bridge Project
![The spreader beam lifting rig was used below the hook of a crane barge on the Firth of Forth.](https://images.marinelink.com/images/maritime/w100h1500/the-spreader-beam-lifting-rig-53794.jpg)
Rope and Sling Specialists Ltd provided a below-the-hook solution to infrastructure management company Amey to lift a truck-mounted access platform during maintenance on the Forth Road Bridge in Scotland. Amey, on behalf of Transport Scotland, undertakes services associated with the operation, management and maintenance of the Forth Road Bridge and its approach roads. It carried out overnight repairs on the bridge last month (December).
CPS Aberdeen Praised for Lifeboat Support
Clarksons Port Services (CPS) Aberdeen was recently presented with a plaque by the RNLI in recognition of its incredible fundtaising on behalf of the Aberdeen Lifeboat Station.