Young Endeavour Completes Circumnavigation of Australia
The Royal Australian Navy-operated Sail Training Ship Young Endeavour returned to Sydney recently after a 10-month circumnavigation of Australia. Since departing Sydney in May 2016…
GE Shipping Buys New Vessel
The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt. The 2006 built vessel is expected…
ROTC Trains Maritime Staff of Emodraga in Mozambique
Empresa Moçambicana de Dragagens E.P. has recently formed some of its maritime people so that they are trained according to the standards and requirements of the…
Nigeria LNG Records 50 Vessel Charters
Since its first day of operations in May 17, 1989, the Nigeria LNG Limited (NLNG) has recorded no fewer than 45 vessels chartered-in and five chartered out, said a report in ThisDay.
Total Seeking to Buy Stake in Iranian LNG Project
French oil giant Total held talks with Iranian officials about several projects in the country in 2016, notably a 10 million tonnes per year liquefied natural gas project (LNG), Reuters reported.
Polish Terminal Dispatching LNG to Estonia
Liquefied natural gas from the Świnoujście LNG terminal is being loaded onto tank trucks and transported to Estonia. Its serves as fuel for ferries built in 2015 in the Polish shipyard in Gdańsk.
BAE Systems to Modernize Cruiser USS Vicksburg
BAE Systems will perform ship alternations and miscellaneous repairs aboard the 567-foot-long USS Vicksburg (CG 69) under a $42.9 million U.S. Navy contract. The…
Seagoing Work Experience Working
Work experience opportunities are giving students with an interest Defence careers a chance to get hands-on with Navy life, getting to sea and understanding the…
India Upgrades Standards of Major Ports
Significant improvement in efficiency has been achieved by India's Major Ports in the last two years, said the Minister of State for Shipping Pon. Radhakrishnan.
Ship Values Successful Women
International Women's Day at sea onboard HMAS Success was business as usual with key positions held by female officers and sailors during replenishment activities.
Jal Marg Vikas Project Takes Off in India
The Jal Marg Vikas Project (JMVP) on National Waterway-1 (NW-1) is being implemented with the financial and technical support of the World Bank. The Project envisages…
DryShips Completes Common Stock Offering
DryShips Inc. has successfully completed the previously announced $200 million common stock offering, in which the Company raised net proceeds of $198 million, pursuant…
India Bags USD 6.22 bln Investment in Ports and Water Transport Sector
Foreign Direct Investment upto 100% under automatic route is already permitted in the Port Sector. This has resulted in several Public Private Partnership (PPP) projects coming up in the Major Ports.
TEN Strengthens Vessel Base
Tsakos Energy Navigation (TEN)'s growth has continued unabated in 2017 with the delivery of one VLCC, the Hercules I, one aframax tanker the Marathon TS and the shuttle tanker Lisboa…
Transportation Electrification Arrives at the Waterfront
Transportation electrification (TE) is starting to impact California like no other state, maybe unlike any other place in the world. Essentially, and eventually, TE depends on replacing gasoline and diesel engines with renewably generated electric power. This could include just about every car, truck, fork lift, drayage vehicle, train and ship in California. For the freight industry, including the maritime sector, TE presents complex challenges.
Chantier Davie Shipyard: Competitive Value of Integrated Shipbuilding Tech
Case study: Chantier Davie Shipyard invests in AVEVA technology to keep competitive. Established in 1825, Chantier Davie Shipyard is Canada’s oldest, and still today one of its most innovative, shipyards. Situated in Quebec, the yard has been expanding in both working and production capacity, and its 1,300 workers now have the capability to handle 1,200 t / month of steel production at its 570,000 square meter facilities.
Finnish Firms Present Oil Recovery Project Results
A recent seminar held March 7 and 8 in Porvoo, Finland, saw Finnish companies Arctia and Lamor Corporation present the results of the IMOR (Ice Management & Oil Recovery) project, which seeks to enhance oil recovery in ice conditions. The oil recovery seminar, arranged by icebreaking services provider Arctia in collaboration with oil spill response specialist Lamor, was opened by the company’s respective CEOs, Tero Vauraste and Fred Larsen.
Marlink Acquires IT Management Partner Palantir
Marlink has acquired Palantir AS, a Norway-based maritime IT company specializing in remote IT management solutions. The Share Purchase Agreement whereby Marlink…
Strong Capesize Rates Keep Baltic Index at over 3-month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 24 points, or 2.05 percent, to 1,196 points - its best since early December. The index, which has risen for the 13th straight session, was up about 40 percent since its previous fall on Feb.
Conrad Delivers Barge to Vane Brothers
Conrad Shipyard recently delivered the DOUBLE SKIN 510A, a 55,000-BBL capacity asphalt barge, to the Vane Brothers Company of Baltimore, Md. The DOUBLE SKIN 510A was constructed at Conrad’s Deepwater South facility in Amelia, La. and will operate out of Philadelphia, Pa.
