Russia Plans Maritime Drills with Philippines
Russia sent its anti-submarine destroyer and a replenishment oiler to the Philippines in a bid to hold maritime exercises with the latter, according to various media reports.
China COSCO Shipping Buys Shanghai Rural Commercial Bank
Australia & New Zealand Banking Corp (ANZ) has agreed to sell its 20 percent stake in Shanghai Rural Commercial Bank (SRCB) for US$1.33bn. China Cosco Shipping Corp…
Global Container Fleet Market to Grow 3% in 2017-21
A report forecasts the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021. The report says key vendors in the market are Maersk, CMA CGM & MSC.
Carmanah Acquires EKTA Marine Aids
Carmanah Technologies Corporation has completed the acquisition of the EKTA marine aids to navigation assets from Cybernetica AS of Estonia. The company had previously…
DryShips Closes New Revolving Facility from Sifnos
DryShips Inc has signed definitive documentation with Sifnos Shareholders Inc for the previously announced refinancing of the majority of its outstanding debt under…
Trump Names China Critic Lighthizer as US Trade Rep
U.S. President-elect Donald Trump on Tuesday named Robert Lighthizer, an official in the Reagan administration and harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing U.S. trade deficits. Trump, who promised during his presidential campaign to renegotiate international trade deals like NAFTA and punish companies that ship work overseas…
OPC: Making Naval History
In September, 2016, an U.S. shipyard and the Canadian design business of an Italian-owned Norwegian shipyard won the largest vessel procurement contract in U.S. Coast Guard history. Now, Eastern Shipbuilding will build nine — and possibly many more — Vard Marine designs in its Panama City, Fla., shipyard. Early impressions are of a unique vessel not so unlike comparable European designs by Vard Holdings or parent company Fincantieri.
Op/Ed: Opportunities for US Shipyards in 2017 and Beyond
SCA’s Matt Paxton weighs in on the state of domestic shipbuilding – workboat building & everything in between. As President of the Shipbuilders Council of America, the national trade association representing the U.S. shipyard industrial base, we are constantly evaluating the status of the nation’s commercial vessel building and repair base. American shipyards continue to build to the highest standards for diverse range of customers.
Tech File: Vesconite Rudder Bushings
South American river tugboats need robust rudder bushings: some 20 tug boats on the Parana River, running through Brazil, Paraguay and Argentina, have been equipped with Vesconite rudder bushings. In the challenging waters of South American rivers, tugboat owners began ordering Vesconite’s proprietary thermoplastic rudder bushings starting in 2014. Convinced that the material – which is wear resistant…
Great Ships of 2016: Polaris
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Owner: Arctia Icebreaking Ltd. Arctech Helsinki Shipyard delivered the most powerful newcomer in the Finnish Icebreaker fleet, Polaris, to the Finnish Transport Agency. The Finnish Transport Agency handed the vessel over to Arctia Icebreaking Oy. The prototype vessel built at Helsinki Shipyard is designed to serve for at least 50 years in icebreaking…
Tarbit Upgrades Its Safety Management System
Swedish tanker company Tarbit has signed a contract with Logimatic to implement SERTICA on its entire fleet. Tarbit currently operates 14 tanker vessels and has ordered two new vessels, which brings them to a total fleet of 16 vessels in 2017. The tanker vessels transport bitumen, petroleum products and chemicals. “With modules such as SERTICA Inspection and Analytics, we are now able to continuously…
MTNW Rebrands as Rugged Controls
Rugged Controls, LLC announced its launch, evolving from Measurement Technology NW Line Control Instruments (LCI) group, who since 2001 has provided line control…
USCG Fines Ferry Passenger for Laser Incident
A Washington resident has been fined for interfering with the safe operation of a Washington State Ferry (WSF) passenger vessel by shining a laser at the ferry’s master and chief mate. Mark Raden of Freeland, Wash. was aboard the WSF Kitsap transiting between Mukilteo and Clinton on October 22, 2015 when he pointed the high-powered blue laser at the WSF Tokitae, striking the vessel's master and chief mate in the eyes and endangering the 106 passengers on board. A U.S.
Wallace Named Commercial Sales Manager, YANMAR America
YANMAR America has promoted Terry Wallace from his current role as Regional Sales Manager for the Industrial Engine Division to Sales Manager for the Commercial Marine Division reporting to Yutaka Tanno, Commercial Marine Product Manager, effective January 3, 2017. In his new role, Wallace will be responsible for developing and achieving the commercial marine sales performance goals and objectives by continuously driving sales growth through all channels…
ClassNK Opens New Survey Offices in Turkey
Classification society ClassNK said it has opened two new exclusive survey offices in Turkey with operations beginning January 1, 2017. The offices are located in…
New Workboat for Oil Spill Response
An all new workboat, produced by the Portuguese company SWB, Seismic Workboats, Lda headquartered in Peniche, has been designed and developed by engineering teams from Portugal, England, the U.S. and Norway and built at Peniche Shipyard. The new vessel is the first workboat SWB has produced for oil spill response. In October, the National Maritime Authority in Portimão, Algarve (AMN) carried out a validation test consisting of an exercise for oil spill response in the marine environment…
Great Lakes Limestone Trade Down 9% in 2016
Shipments of limestone on the Great Lakes totaled 26.3 million tons in 2016, a decrease of 9.3 percent compared to 2015, reported Lake Carriers’ Association (LCA). Loadings in 2016 were also 5.3 percent below the trade’s five-year average. Loadings from U.S. quarries totaled 21.4 million tons, a decrease of nearly 13 percent compared to 2015, according to LCA. Shipments from U.S. quarries also trailed their five-year average by 8.6 percent.
BRP Names Pierini as Marketing Director
BRP has appointed Olivier Pierini to fill the position of director of global marketing and strategic planning for the Marine Propulsion Systems Division (MPS). In this new role, Pierini is responsible for leading the MPS team to deliver its marketing strategy that includes reinvigorating the Evinrude brand and helping to define its mission, vision and purpose in the marketplace. His primary focus includes…
The American Club Celebrates Its Centenary
The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades of maritime and marine insurance history both within the United States and across the world. Its author is Richard Blodgett, a former Wall Street Journal reporter whose previous credits include histories of the New York Stock Exchange, Kohler and Co.
Mayeur to Lead CMR Group’s EIM Unit
Control instrumentation and electrical engineering specialist CMR Group said it has appointed a senior director to oversee strategy and drive global sector operations. Jacques-André Mayeur joins as Energy Industry Marine (EIM)business unit director based at CMR Group’s Marseille head office, where he will lead and support the commercial team, the project team and the delivery of the EIM business strategy.
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