Furuno Delivers 43 STM Systems
Furuno, will provide 43 ships with Sea Traffic Management-compatible on-board systems. Tero Airissalo, Sales & Marketing Manager at Furuno explains: “Furuno is striving to be among the first with new technology and solutions. We recognize the long-term benefits of STM in the form of higher security and safety, increased efficiency and a good impact on the environment But STM is also beneficial in the near future.
Mein Schiff 1 & 2 Builds Progressing at Meyer Turku
TUI Cruises and Meyer Turku shipyard have jointly designed the New Mein Schiff 1 & 2 to be an evolution on the successful foundation of Mein Schiff 6. Today the…
AAM Wins Hybrid Passenger Vessel Contract
All American Marine, Inc. (AAM), inked a deal for the construction of a new hybrid electric passenger vessel to be delivered to the Red and White Fleet of San Francisco, California. The contract for the new 600 passenger aluminum monohull was signed during the recent annual Maritrends Conference put on by the Passenger Vessel Association. AAM’s latest contract follows an earlier announcement made by…
Douglas-Westwood: Heavy Lifting Lift off?
Heavy lift vessel (HLV) contractors have faced a challenging market in recent years as the low oil price environment combined with a shift towards subsea installation…
Search on for Missing Boaters in AK
The Coast Guard is searching for two men reported overdue from a boating trip near Ketchikan Sunday. Coast Guard Air Station Sitka MH-60 Jayhawk crews and Coast…
Damen books DAB Vloot ferry order
The last newbuild order of 2016 for the Damen Shipyards Group was signed on the 31st of December with DAB Vloot of Belgium. The vessel will be a 25-metre ferry especially…
Statoil Awards ERRV Contracts
Statoil awards Simon Møkster Shipping AS contracts for three emergency response and rescue vessels (ERRV), and Havila Shipping ASA for one ERRV. The contacts have a total value…
Maersk Enhances Asia-Europe, Transpacific services
Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable…
Marco Polo Marine Revenue Drops for Q1
Marco Polo Marine Group Group recorded a revenue of S$11.4 million in Q1FY2017, a decrease of 33% from that of S$17.0 million in Q1FY2016. Relative to Q1FY2016…
LR Demand Difficulties
There has always been a compelling story being told about how larger product carriers are the future, in particular the LR2s, says Gibsons Weekly Tanker Report.
Philippines-Indonesia Shipping Route Soon
The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade…
DP World not concerned about Trump protectionist policies
Dubai ports operator DP World is not concerned about U.S. President Donald Trump's protectionist policies, DP World's chairman Sultan bin Sulayem told reporters on Sunday. "Not at all.
TEN declares cash dividend
TEN Ltd. a leading crude, product, and LNG tanker operator, today announced that its Board of Directors declared a cash dividend of $0.546875 per share for its 8.75%…
ExxonMobil inks patent agreement with Pason Systems
ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System, a key component of the company’s Fast Drill technology suite.
Austal Celebrates Christening of Tulsa (LCS 16)
Austal USA proudly hosted the christening of the nation’s 16th littoral combat ship (LCS), the future USS Tulsa, here Saturday, Feb. 11. Tulsa (LCS 16) is the sixth LCS in Austal’s 11-ship contract…
Maersk Expects Healthier 2017 for Shippers
Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last. Post-Hanjin, ocean freight…
Stricken Norwegian Star Cruise Ship Towed to Melbourne for Repairs
The luxury cruiseliner Norgwegian Star,lost power en route from Australia to New Zealand, has docked back in Melbourne after becoming stranded off the coast for two days, says company sources.
Global Shipping Meltdown Impacts European Banks
The collapsing maritime shipping industry is stoking another European banking headache, this time in economic powerhouse Germany, says a report in WSJ. While the Commerzbank…
IANA Introduces Resource Center
The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal…
BHP Billiton Okay $2.2 bln Investments in Gulf of Mexico
BHP Billiton has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.
