DP World Q2 TEU Count Soars 10%
State-owned ports operator DP World on Tuesday reported second-quarter gross container volumes up 10.4 percent on a like-for-like basis and 10.7 percent on a reported basis.
Keppel, Sembcorp Merger on the Cards ?
A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards, report local media quoting…
Helix Energy Cuts Q2 Loss
Oil service company Helix Energy Solutions has narrowed its loss in the second quarter of 2017 backed by increased activity of its well intervention business. Mainly…
Höegh LNG Secures Financing for FSRU Unit
Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU).
Nakilat Ends H12017 with $112 Mln Net Profit
Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017…
Certification for MOL Environmental Management System
Mitsui O.S.K. Lines (MOL) has announced that on July 20, its core dry-cargo ship management company, MOL Ship Management received a new certification of its Environmental…
USS Constitution Refloated
After a two-year restoration at historic Dry Dock 1 at Charlestown Navy Yard, Boston National Historical Park, America's oldest commissioned warship, USS Constitution was refloated July 23.
Nautical Institute Rolls Out Ice Navigator Scheme
The Standard Club has advised its members that at the start of July the Nautical Institute launched its Ice Navigator Scheme. This scheme is designed to help meet…
India: The Admiralty Bill 2017 Gets Upper House Nod
Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, introduced during the Winter Session of Indian Parliament came up for discussion in the Rajya…
Two Windermere Cruise Vessels Repowered
Two passenger service vessels operating at one of the U.K.’s most popular visitor locations have been repowered as part of a regular maintenance program. Royston Power Generation, a long established and authorized Volvo Penta center, has supplied and installed new engines for two diesel motor vessels operated by Windermere Lake Cruises. As part of the works Royston fitted a new Volvo D5 engine to the Queen of the Lake…
Crowley Names Vargas VP, Business Development
Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business development to support the Crowley Maritime Corp. liner and logistics services groups. He will work closely with Crowley's new director of logistics in St. Maarten, Jeffrey de la Combe, to bring supply chain solutions for customers and their cargoes originating outside the U.S.
Engineering Entrepreneur Buys Wren Industrial
Merseyside maritime company Wren Industrial & Marine Fabrications has been bought by Merseyside entrepreneur and former member of the Armed Forces Jonathan Willoughby. Bootle-based Wren Industrial has been run for 27 years by husband and wife team David and Helen Wren. It specializes in manufacturing doors, windows and hatches for ships and boats as well as welding and fabrication services primarily in the maritime sector.
BAE Systems Begins Building UK’s Next Warship
BAE Systems said it has begun to build the first of the U.K. Royal Navy’s new Type 26 Global Combat Ships. Sir Michael Fallon MP, U.K. Secretary of State for Defense, visited the builder’s Glasgow shipyard to press the button to officially commence production on the new warship, and during his speech revealed the vessel’s name: Glasgow. This ceremonial event follows the U.K Government’s recent award…
Houston Pilots Train for Post-Panamax Vessels
Members of the Houston Pilots recently participated in two custom-built simulation courses vital to their Pilotage duties in the Houston Ship Channel and the Port of Houston, the largest landlocked Port in America. Each course was two days long, and was provided by the Maritime Simulation Resource Center (MSRC), at their Quebec City, Canada-based facility. The Houston Pilots face a multitude of factors when piloting ships in their waterways…
Study Examines Economic Impact of US Waterways
A study unveiled today documents the contribution of the American tugboat, towboat and barge industry to the U.S. economy. The study, developed through a cooperative agreement between the American Waterways Operators (AWO) and the Maritime Administration (MARAD) and conducted by PricewaterhouseCoopers, explores the industry's economic contributions to employment, gross domestic product and taxes at the national and state levels…
Weeks Marine Orders $60 Mln Cutter Dredger
Weeks Marine Inc. (WMI) has ordered a new $60 million oceangoing, 30-inch hydraulic cutter suction dredge, the JS Chatry. Construction is underway in Belle Chase, La., at C&C Marine and Repair.
New Multi-mission Patrol Boat for Montauk, NY
A new 38-foot multi-mission patrol boat for Montauk, N.Y. will be officially dedicated during a “splash down” ceremony on July 26. Delivered by aluminum boat builder Silver Ships, Inc., the vessel is a multi-agency, multi-mission vessel designed for emergency response and patrol within the Montauk Harbor. The vessel was garnered through the collaborative efforts of the Montauk Fire Department, the East Hampton Town Police Department, East Hampton Town Marine Patrol and the U.S.
Cruise Ship Passengers Evacuated after Blaze on Board
Almost 200 passengers and crew on a cruise along the Danube river had to be evacuated from their vessel on Monday when a blaze broke out on board, the Austrian fire service said.
TORM Buys Resale MR Tankers from GSI
Danish ship owner TORM said it has purchased four resale medium range (MR) tankers from Chinese shipbuilder Guangzhou Shipyard International (GSI), with an option to purchase up to four additional MR vessels. The first four vessels are due for delivery in 2019, and the following four would be delivered in late 2019 – all delivered according to TORM’s specifications. According to TORM Executive Director…
French and Filipino Firms Bid to Operate Bissau Port
French firm Necotrans and the Philippines' International Container Terminal Services submitted bids on Monday to operate Guinea Bissau's main port, the transport minister said…