All-women Crew Tarini Departs From Lyttelton
The Indian Naval Sailing Vessel (INSV) Tarini left Lyttelton on 12 December 2017 for its onward journey to Port Stanley (Falklands). INSV Tarini had arrived at LytteltonâŠ
NAT Announces Public Offering of USD 100mln
Nordic American Tankers (NAT) announced an underwritten public offering of $100 million of its common shares pursuant to the Companyâs effective shelf registration statement.
Combating Illicit Maritime Activity
Prevention of piracy, armed robbery against ships and illicit maritime activity in west and central Africa is on the agenda at a meeting of the G7 Group of Friends of the Gulf of Guinea in LagosâŠ
Worldâs Largest Crane Vessel under Development
Holding OOS International Group B.V. said it is working with China Merchants Industry Holdings (CMIH) to design and build what will be the worldâs largest semi-submersible crane vessel (SSCV), OOS Zeelandia. OOS unveiled the OOS Zeelandia during the EU-China Blue Industry Cooperation Forum in Shenzhen on December 8, but revealed the basic design has been in progress since a memorandum of understanding (MoU) was signed with the China Merchants Group subsidiary CMIH in July.
Proposal for 355-ship US Navy Signed into Law
Included in the 2018 National Defense Authorization Act (NDAA) signed today by President Donald Trump is policy to grow the U.S. Navy fleet from its current 279 ships to a minimum of 355. âWith his signature, President Trump has confirmed the United Statesâ resolve to meet the growing needs of our U.S. Navy,â said Senate Seapower Subcommittee Chairman Sen. Roger Wicker (Miss.), who introduced the Securing the Homeland by Increasing our Power on the Seas (SHIPS) Act along with Rep.
Austal, JR Kyushu Jet Ferry Developing New Vessel Concept
A Memorandum of Understanding (MOU) between Austal Australia and JR Kyushu Jet Ferry will see the two firms develop a new high speed trimaran passenger ferry concept for JR Kyushu Jet Ferryâs South Korea to Japan service, one of Japanâs busiest international routes. The companies will design and build the 80 meter trimaran based on Austalâs trimaran hull form, with the interior to be developed by leading Japanese designer, Eiji Mitooka of Don Design.
Crowley Scholarships to Four USMMA Cadets
Four U.S. Merchant Marine Academy (USMMA) cadets were awarded with 2017 Thomas B. Crowley Memorial Scholarships during yesterdayâs Containerization and Intermodal Instituteâs Connie Awards luncheon in Newark, N.J. Jenny Terpenning, supervisor, marine recruiting at Crowley Maritime Corporation, presented the scholarships to Midshipmen (MIDN) Joshua Cann, Vincent Policastro, Rebecca Snyder and Benjamin Starr while also formally recognizing 2016 recipient Chandler ChiappeâŠ
Trump to Open Oil Drilling off US East Coast
The Trump administration is preparing a plan that would open up oil drilling off the U.S. East Coast, Bloomberg reported. President Trump ordered the Interior Department to create the draft proposal as part of his âAmerica-First Offshore Energy Strategyâ executive order in April. The new plan, which could be unveiled as soon as this week, would allow the U.S. to auction oil and gas drilling rights in Atlantic waters previously blocked under the Obama administration.
Vittoria Shipyard Launches New Tug for Algeria
Vittoria Shipyard has signaled its return to the Italian and international harbor and offshore tugs market with the launch of the new vessel C869, designed and constructed for the harbor authority in Skikda, Algeria. Vittoria Shipyard â which specializes in designing and building military, paramilitary and commercial vessels âlaunched the vessel onto the Canal Bianco at its Adria facility. The newbuild will now undergo final works and sea trials ahead of its scheduled spring 2018 delivery.
Op/Ed: Making the Mississippi River Mightier
A plan unfolds and support grows for a 50-foot Ship Channel to support economical and efficient grain exports. The Big River Coalition remains at the heart of that collaborative effort to make the Mississippi River Mightier. In 2012, the U.S. Army Corps of Engineersâ (USACE) Institute of Water Resources (IWR) released a report under the direction of Congress to document the status of U.S. Ports to accept post-panamax vessels. The report, entitled, âU.S.
Samsung Heavy Industries Replaces CEO
South Koreaâs Samsung Heavy Industries named Joonou Nam as its new chief executive officer on Monday after Park Dae-young resigned to take responsibility for the firmâs losses.
Arctech Helsinki Shipyard Looks for New Investor as Sanctions Bite
Russian state-owned United Shipbuilding Corporation (USC) is looking for a new owner for its Arctech Helsinki shipyard as sanctions against the holding company hamper business, the head of the shipyard said on Tuesday. The shipyard is the worldâs biggest builder of vessels that can navigate ice-covered waters, and it has expected more orders as melting sea ice opens the Arctic to more shipping, mining and oil drilling.
Cruise Shipping: Eight Trends to Watch in 2018
As cruises and sailing experiences are booming as never, travelers are able to choose from a variety of sailing adventures that suit their goals and pocketbooks. Cruise lines come with up innovative ways of enticing sailing passengers every year. Dream a destination or favorite vacation activity, and itâs very likely you can get there via water. The following are the eight top sailing trends for 2018.
EURONAV Opts for SERTICA Fleet Management
After a rigorous selection process, tanker shipping company EURONAV has chosen the SERTICA Fleet Management System by Danish software and engineering company Logimatic. EURONAV, which operates some of the worldâs largest tanker vessels, has chosen the entire SERTICA product suite onboard its 52 vessels for improved maintenance and vessel management. There are currently more than 32 customers worldwide and 964 active vessels running SERTICA Fleet Management system.
Concordia Eyes Growing Product Tanker Market
Swedish tanker shipping company Concordia Maritime said it has signed a contract to charter in another IMO2/3 class MR tanker while also extending an expiring charter of another MR tanker. The new charter contract will run for two years from the time the newbuild is delivered in January 2018, with multiple options to extend. The other MR tanker charter contract, which expired in November, will be extended for a minimum of one year.
Forties Pipeline Outage Benefits U.S. Exporters
The shutdown of Britain's largest crude oil pipeline is an early Christmas gift to U.S. exporters shipping to Asia, and a complication for Middle Eastern and AfricanâŠ
Fleet Of Babycapes Is Growing: Oldendorff
Oldendorff Carriers has recently increased the number of owned bulk carriers in it Babycape segment by acquiring four more eco 119,000 tonners from compatriot shipowner Hartmann Reederei.
FSL Trust Sells Vessel for USD 6.2mln to Reduce Debt
Singapore's First Ship Lease (FSL) Trust said that it has sold containership, FSL Santos for $6.2 million to reduce its debt service requirements for the fourth quarter.
Apeejay Shipping Adds New Vessel to its Fleet
Apeejay Shipping, an Apeejay Surrendra Group company, has announced the acquisition of a 76,602 MT DWT Gearless Panamax, Japanese build. The ship is renamed âAPJ ANGAD 2â.
Eagle Bulk Completes $265 Mln Refinancing
Eagle Bulk Shipping, through its wholly-owned subsidiaries Eagle Bulk Shipco and Eagle Shipping LLC, has entered into a series of refinancing transactions, includingâŠ
