Latvian Shipping Company Adds 25th Tanker to its Fleet
The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Falcon”…
Malta Hosts European Shortsea Network Meeting
European Shortsea Network (ESN) meeting was held in Malta with representatives from 11 European countries at the head office of Malta Freeport Terminals, says a report in Times of Malta.
Wells Fargo Calls $100 Oil a 'Pipe Dream'
USD 100 per barrel oil is but a “pipe dream,” Wells Fargo said in a new investor note, reports MarketWatch. The report quoted Wells Fargo’s John LaForge saying…
Seven Sailors Killed as US Navy Destroyer Collides with a Container Ship
Bodies of seven U.S. sailors recovered after the U.S. destroyer collided with with Philippine-flagged vessel CX Crystal near south of Tokyo Bay in Japan. The bodies…
Noble Drillship Bags New Contract
Noble Corporation has been awarded new contracts for one of its drillships under which the unit will operate in the U.S. Gulf of Mexico and later Suriname. The 2013…
Indian Shipping Bucks Trends with Positive Growth
The Indian shipping industry is registering a positive growth amid a downward trend globally, Union Minister of State for Shipping, Pon Radhakrishnan said. “While…
Vroon Says Talks with Banks ‘Constructive’
Troubled family-owned Dutch shipping group Redderij Vroon has dismissed media reports claiming the company’s future to be uncertain, as it may be unable to service its debt.
CEFC Bags Bunker Licence for Zhoushan Free Trade Zone, China
CEFC China Energy was awarded a licence by Zhoushan Free Trade Zone for supply marine bunker fuel off the east coast of China to vessels on international voyages, reports Reuters.
Autonomous Ships on IMO Agenda
Now, the International Maritime Organization (IMO) Maritime Safety Committee will start to establish a new international legal framework for the safe operation of autonomous ships…
Hapag-Lloyd's Newest Ship Named Guayaquil Express
Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class. The patron is Christine Kühne, wife of Klaus-Michael Kühne…
CGG Files for Bankruptcy
French geosciences giant CGG has filed for bankruptcy as part of financial restructuring process to reduce its $3 billion debt. "CGG has begun legal processes to…
Exxon, Partners Set $4.4 Bln for Oil Project Offshore Guyana
Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of Guyana, approving a megaproject at…
NYC Jobs Plan Aims to Bolster Freight Network
New York City Mayor Bill de Blasio today unveiled a series of initiatives aiming to spur 100,000 high-paying jobs over the coming decade across a number of sectors, including the City's maritime and intermodal freight and logistics industries. As part of the New York Works plan, the city will implement a multipronged strategy called Freight NYC that seeks to create 4,000 freight network industrial…
Finite Element Strength Analysis for ATB Load Box
The loading and response dynamics of an Articulated Tug & Barge (ATB) load box are complex. They typically require advanced finite element analysis methods and procedures to design an efficient support structure to ensure a durable design and to facilitate meeting Class strength requirements. To study the dynamic response of the loads imparted on the tug from the barge, a finite element analysis (FEA) is carried out.
STM Validation: Interoperable Ship and Shore Center Services
Inspired by the European program for Air Traffic Managemen, the Sea Traffic Management (STM) methodology has been developed by the Swedish Maritime Administration MonaLisa project to define a set of systems and procedures to guide and monitor maritime traffic. The STM Validation project co-financed by the European Union has made the first operational tests with the shore center manufacturers. The key to the interoperability between different systems is the robust underlying infrastructure.
Steinsvik Updates Its ShipConstructor Suite
SSI announced the recent sale of more ShipConstructor software to the Vietnamese office of Steinsvik, the major Norwegian aquaculture firm. Steinsvik Vietnam Co. Ltd.
Five Facts about the SEAANGEL AIS FLARE ECO
Going out on the sea is fun and is one of the most favored recreational pastimes. With a pleasant day in mind, only few people are willing to consider the risks and hazards linked to this activity. This explains why most aquatic accidents happen in calm weather, close to the shore, probably even in the view of other people. Therefore, it should be easy to be rescued within a reasonable lapse of time. A person going overboard will not yet have drifted too far off even in strong currents.
DFDS Orders Two Large RoRos from China
Northern European shipping and logistics company DFDS said it has ordered another pair of large ro-ro ships from the Jinling Shipyard, doubling its order placed last year at the Chinese yard. DFDS signed a contract with Jinling in 2016 for the construction of two ro-ro vessels, each with 6,700 lane meter load capacity and space for 450 trailers. Now the company has ordered another two of these ships – its largest ever – to service freight customers across the North Sea from 2019 and 2020.
St. Vincent and the Grenadines Advises on Improvoing Flag Performance
The maritime administration of St. Vincent and the Grenadines has issued guidelines related to the improvement of the performance of the St. Lloyd’s Register (LR)…
Nautican to Ship First IPU from Prince Edward Island
The Nautican Research and Development manufacturing facility in Summerside, Prince Edward Island, said it is now ready to ship the facility's first Integrated Propulsion Unit (IPU) to a client in Alaska. “Nautican is another excellent example of an emerging advanced marine technology company finding success right here on Prince Edward Island,” said PEI Minister of Economic Development and Tourism, Heath MacDonald…
