DBL Group Bangladesh Enters Dredging Market
Dhaka-based business conglomerate DBL Group has recently launched its dredging business, DBL Dredging. To support its entry into this new market it ordered two IHC Beaver 50 cutter suction dredgers (CSDs), and two Delta Multi Craft (DMC) 1050 work boats. The two IHC Beaver 50s were delivered with a spud carrier pontoon, anchor boom installation, production measuring system and dredge track presentation system (DTPS). This will enable DBL to perform an efficient dredging operation.
SNAME Honors Thordon's Sandy Thomson
At the opening session of the 2016 SNAME Maritime Convention in Bellevue, Washington, George A. (Sandy) Thomson was elected a Fellow of the Society of Naval Architects and Marine Engineers (SNAME). This is quite an honor for Thomson who has a long family history in the maritime industry. Thomson’s great, great grandfather was a deep sea captain sailing the Great Lakes before becoming a lighthouse keeper…
Four Bids for STX Offshore, STX France Emerge
Four parties have expressed interest in buying one or both of South Korea's STX Offshore & Shipbuilding Co Ltd and a controlling stake in STX France SA, a spokesman…
OCEAN Alliance Vs 2M
With Ocean Alliance released its long-awaited network information, with members CMA CGM, China Cosco Shipping, Evergreen Line, and Orient Overseas Container Line…
Yang Ming Agrees to Pay Cuts
Yang Ming Marine Transport Corp management team has agreed to take steep pay cuts to weather a downturn in the global cargo shipping sector that has strained the company’s earnings.
DNV GL Adds New Functionality to ECO Insight
The latest release of DNV GL’s fleet performance management solution ECO Insight adds a range of new analytical and reporting features to the market leading portal.
Australian Navy Rolls out New Council
Royal Australian Navy’s drive to develop a modern and diverse workforce has accelerated with the launch of the Navy Diversity and Inclusion Council. The Council…
Maersk Divest its Shares in Danske Bank
Danish shipping and energy giant A.P. Møller – Maersk A/S has sold its shares in the Danske Bank A/S for a total of DKK 3.2 billion (USD 477 million). Maersk owns…
Liverpool2 Terminal Open for Business
One of the world’s most modern shipping terminals has been opened for business in the Port of Liverpool, offering a new state-of-the-art deep water gateway in the U.K.
USN's MUOS-5 Satellite Reaches Orbit
The Navy's fifth Mobile User Objective System (MUOS) satellite has reached operational orbit and has successfully deployed its arrays and antennas. On Oct. 22, the…
Blue Denmark in Need of New Competences
New technological developments and increasing competition from other countries may change future requirements for the education and competences demanded from Blue Denmark.
Intellian Unveils New 1m dual-band Antenna for uninterrupted coverage
Intellian launched the dual-band, 3-axis s100HD WorldView satellite TV system, featuring the company’s latest generation LNB (Low Noise Block-Down Converter) technology.
Diana Shipping Abandons Kamsarmax Order
Diana Shipping Inc. today announced that, through a wholly-owned subsidiary, it provided a notice of cancellation of the shipbuilding contract with Yangzhou Dayang Shipbuilding Co., Ltd.
Mud Cat MFD-1000 Dredges Lake for Residential Development
Ellicott Dredge Technologies (EDT) has been successful in launching a Mud Cat Multi-Function Dredge (MFD) at the SouthBay Residential Development in Bismarck, North Dakota.
Three Maritime Leaders Receive United Seamen's Awards
Arthur E. Imperatore, Founder and President of New York Waterways; Captain Donald Marcus, International President of the International Organization of Masters, Mates & Pilots…
APL Gears Up as Part of Ocean Alliance
As part of the CMA CGM Group, APL will join the league of the world’s largest container shipping lines in the OCEAN Alliance from April 2017. Navigating forward…
EOG Resources Posts Smaller Quarterly Loss
Oil producer EOG Resources Inc's loss in the third quarter was smaller than a year earlier the company took an impairment charge of more than $6 billion. The company posted a net loss of $190 million…
Boat that Attacked Tanker off Yemen Carried Explosives
Unknown assailants who opened fire on a gas tanker last week off the coast of Yemen were also carrying a "substantial amount of explosives", the vessel's owner said on Thursday…
Burgess Marine Acquires Yacht Specialist Global Services
Britain’s largest independent ship repairer and marine engineering services provider, Burgess Marine, has today completed the acquisition of the Superyacht centric procurement specialist Global Services and its sister company Global New Builds. The acquisition is Burgess Marine’s fifth to date and its second since RJD Partners’ private equity investment in February of last year. “Whilst on paper this is an acquisition the operational reality is far…
Great Lakes Limestone Trade Dips 3.5% in October
Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 3.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. October’s loadings were also 5.4 percent below the month’s five-year average. LCA said loadings from U.S. quarries totaled 2.7 million tons, a decrease of 7.8 percent compared to a year ago, while shipments from Canadian quarries totaled 613,000 tons, an increase of 21.4 percent.
