Piracy Down by 22% in H1, Says ReCAAP
A total of 36 incidents of piracy and armed robbery against ships (comprising 30 actual incidents and six attempted incidents) were reported during January-June 2017 in Asia…
UNITAS 2017 Naval Exercise Begins In Peru
Naval maritime forces from 19 countries are gathering in Lima, Peru, to kick off the 58th iteration of the annual multilateral exercise UNITAS. The meeting will conclude on July 26.
IMO for Implementing the Sustainable Development Goals
International Maritime Organization (IMO) has a key role in implementing a number of UN Sustainable Development Goals (SDGs) which relate directly or indirectly to the oceans…
India Approves Major Port Authorities Bill
The government of India has approved a draft bill to empower 12 major ports in India by providing them full autonomy in decision-making for greater efficiency. According…
Crew Transfer Vessel Delivered to Targe Towing
Welsh workboat builder Mainstay Marine said it has delivered a newly built 15-meter crew transfer vessel to Scottish tug operator and owner Targe Towing. The Camarc designed vessel is constructed with a steel hull and aluminum superstructure. It sails at speeds in excess of 15 knots and has a bollard pull of 6 metric tons. Compliment is for two crew and 12 passengers. Targe Towing provides dedicated…
SS United States Thrown a Lifeline
Just days away from a verdict on its ultimate fate, the historic cruise liner SS United States has received a lifeline in the form of a $150,000 donation to a fundraising effort which aims to save “America’s flagship” and restore the storied vessel to its former glory. The $150,000 contribution from cruise industry executive Jim Pollin to the SS United States Conservancy's "We are the United States"…
Z-Drive Collaboration on the Inland Waterways Expands
American Commercial Barge Line’s leadership and early adoption of ZF Marine’s z-drive propulsion technology underscores a growing trend on the inland waterways.
UK Partners to Launch Autonomous Vessels Testing Service
The U.K.'s first maritime autonomous systems testing service is set to launch later this year. BAE Systems said it has been awarded £457,000 (approximately $594,700) in grant funding from the Solent Local Enterprise Partnership (LEP) to design and deliver the U.K.’s first dedicated autonomous systems testing service. Based around Portsmouth, Southampton and the South East of the Isle of Wight, BAE Systems will work with ASV Global (ASV)…
Royal IHC Launches TSHD for Adani
Dutch shipbuilder Royal IHC informs it has launched Adani’s 8,000m3 IHC Beagle trailing suction hopper dredger (TSHD) – Shanti Sagar 18 – at a ceremony on July 7 at the builder’s shipyard in Krimpen aan den IJssel, The Netherlands. Shanti Sagar 18 will be mainly utilized for maintenance dredging. Its launch follows the previous TSHD launched for Adani – Shanti Sagar 17 on March 31 – to be deployed for capital dredging in challenging soils. Therefore, it was equipped with a heavier draghead.
Canada Extends St. Lawrence Seaway Agreement
Canadian transport minister Marc Garneau announced a five-year extension to the Government of Canada’s agreement with the St. Lawrence Seaway Management Corporation to manage…
Bureau Veritas Approves Wison's W-FSRP Concept
Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation. Wison and Bureau Veritas have completed the validation for the specified design of 50MW FSRP this time. As the turnkey service provider for the world’s first FLNG and FSRU barge…
Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7
Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider. Under the agreement, Rolls-Royce will maintain and service all of the equipment it has delivered to the two companies’ offshore vessels. At present, aftermarket services account for roughly 40 percent of Rolls-Royce Marine’s revenues.
Nakilat, Höegh LNG Ink MoU on FSRU project
Nakilat signed a Memorandum of Understanding (MoU) with Höegh LNG, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business as part of its diversification strategy for opportunities and solutions to delivering LNG to the global markets, with FSRU being a leading-edge technology for the liquefied natural gas (LNG) market. Essentially a floating LNG import terminal, this technology…
New Passenger Vessel Delivered to Majestic Ferries
Majestic Ferries’ fleet continues to grow with the delivery of Majestic Dream, the first of a new class of Incat Crowther-designed fuel-efficient 39m HSC compliant passenger vessels. Majestic Ferries operates vessels between Singapore and Batam in a competitive marketplace. The operator worked with Incat Crowther to develop a cost-effective vessel that offers comfort, performance and fuel consumption superior to that of the competition.
Baltic Index Advances on Firm Capesize Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday on stronger rates for capesize and panamax vessels.
Weather Suspends Bosphorus Marine Traffic
Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Tuesday due to poor visibility and heavy rain, shipping agent GAC said.
Yang Ming to Float 500 mln Shares
The Taiwanese ocean carrier Yang Ming Marine Transport will make a public offering of 500 million shares as part of the company's ongoing recapitalization plan,…
CSSC to Build Research Vessels
China's government controlled China State Shipbuilding Corp (CSSC) is going beyond building navy vessels and making advanced scientific research ships, Xinhua reported.
DP World, Indonesian Government Sign Pact to Develop Ports
DP World and Indonesian government and port officials signed an agreement to advise on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra.
AHHI Insures 1,900 Vessels in First Year
Cyprus-based American Hellenic Hull Insurance (AHHI) surpassed key targets during its first year of operation: 1,900 insured vessels, written premium income exceeded…
