AME Expands into Hydraulics
Advanced Mechanical Enterprises (AME) has added hydraulic service and repair to its broad range of predictive, preventative and corrective maintenance solutions. “Adding hydraulics to our line of services was a natural progression for AME. We have two-full machine shops that can quickly help troubleshoot hydraulic issues as well as trained hydraulic technicians on staff that are readily available,” said Rich Merhige, President, AME.
China Denies Selling Oil Illicitly to N.Korea
China on Friday denied reports it has been illicitly selling oil products to North Korea after U.S. President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation. Trump said on Twitter the previous day that China had been "caught" allowing oil into North Korea and that would prevent "a friendly solution" to the crisis over North Korea's nuclear and missile programmes that it conducts in defiance of heavy U.N. Security Council sanctions.
Best Workboats of 2017
Marine News showcases the best of North America’s 2017 workboat deliveries. There is something for everyone. Notwithstanding the lingering offshore energy downturn…
Oil Finishes Strong in 2017
U.S. oil prices rose above $60 a barrel on the final trading day of the year and hit their highest since mid-2015, as an unexpected fall in American output and a decline in commercial crude inventories stoked buying in generally thin trading. International benchmark Brent crude futures also rose, supported by ongoing supply cuts by top producers OPEC and Russia as well as strong demand from China. Oil prices are set to close out the year with strong gains.
Samsung Heavy Bags USD 197 Mln LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has bagged a KRW 210 billion (USD 195 million) deal, for construction of an liquefied natural gas (LNG) carrier.
India to Flag Off Cargo Via NW 2 on River Brahmaputra
Nitin Gadkari, Indian Union Minister of Shipping will flag off the first movement of cement cargo through National Waterway (NW) 2 on River Brahmaputra in Assam today…
NITC Signs 200 Tanker Charter Deals
The National Iranian Tanker Company (NITC) has signed over 200 leasing contracts for its vessels since the lifting of the Western-imposed economic sanctions two years ago…
STX Corp to Be Sold to Chinese Firm
AFC Korea, a subsidiary of Chinese private equity fund AFC, has been selected as the preferred bidder for cash-strapped STX Corp, according to a Business Korea report.
India's 12 Major Ports Capacity Increased to 1,359 MT
The Ministry of Shipping has re-rated the capacities of all berths across 12 Major Ports in order to benchmark port capacities with global standards as per Berthing Policy, 2016.
China's Ningbo-Zhoushan Becomes World's Top Port
China's super-large port Ningbo-Zhoushan, the busiest port in China, saw an annual cargo throughput of 1 billion tonnes, becoming the first one globally to reach this volume…
FLEX LNG Sings TC for First LNGC Newbuilding
FLEX LNG announced that it has entered into a time-charter contract for the LNG carrier newbuilding, Flex Endeavour, to Uniper Global Commodities, a leading international…
Star Bulk to Repay Debt Principal
Star Bulk Carriers announced that, in light of the improved performance of the Company and the dry bulk market in general, it is planning to make debt principal…
The World's Top 20 Cruise Ports
Calling all cruise ports! Maritime Logistics Professional are compiling the world’s Top 20 Cruise Ports - and we want to hear why your port should be considered. Just answer a few simple questions and you will be on your way to being featured in the next edition of Maritime Logistics Professional. The winners will be published in the January with distribution at Seatrade Cruise Global in Fort Lauderdale. Enter your port today! To enter visit: https://goo.gl/tSzHN6
Trump Troubled About Oil Flow into North Korea
U.S. President Donald Trump on Thursday said he was "very disappointed that China is allowing oil to go into North Korea" and that such moves would prevent "a friendly solution" to the crisis over Pyongyang's nuclear program. "Caught RED HANDED - very disappointed that China is allowing oil to go into North Korea. There will never be a friendly solution to the North Korea problem if this continues to happen!" Trump wrote in a post on Twitter. China earlier on Thursday said there had been no U.N.
Famous 16-Foot Great White Shark Gone Missing
Mary Lee, the 16-foot Great White Shark that has had Twitter in a frenzy the past few weeks, has gone missing – electronically speaking. According to Ocearch, a conservation group set out to track and collect date from tiger and great white sharks, said her transmitter hasn’t had a “ping” since June 17, and no one has seen or heard from her since. Fans on twitter have been speculating her death, but never fear, it is more likely her tracker has lost battery power.
LNG: Maritime's Fuel of the Future
The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as global containershipping giant CMA CGM announced its intention to outfit its series of new 22,000 TEU containerships with LNG-fueled engines. The move to ‘clean fuel’ in the maritime sector has been rapid…
SUNY Maritime Plots its Financial Course
On December 21, Rear Admiral Michael Alfultis, president of SUNY Maritime, signed two agreements setting SUNY Maritime College on a new course for success. The College and the Fort Schuyler Maritime Alumni Association are now partners for the benefit of the College, its students and its alumni. On the same day, the SUNY Maritime Foundation was launched publicly to support the College’s strategic initiatives, to expand its reach and to support its goal of developing additional resources.
Coast Guard Responds to Grounded Vessel in St. Lawrence Seaway
The U.S. Coast Guard and the Saint Lawrence Seaway Development Corporation are responding to the motor vessel Pacific Huron, loaded with soybean, that ran aground…
Ship of the Year: MOL FSRU Challenger
MOL FSRU Challenger is Maritime Reporter & Engineering News' Great Ships of 2017. The World’s Largest Floating Storage and Regasification Unit (FSRU Max). Japanese shipowner Mitsui O.S.K. Lines, Ltd. (MOL) in middle of October, took delivery of MOL FSRU Challenger the world largest floating storage and regasification unit (called FSRU Max vessel) from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd.
Maritime's Digital Transformation & Simulation-based Training
Nearly 200 delegates from across the world gathered in Den Haag, The Netherlands in September 2017 to hear about the latest developments in maritime training based on state-of-the-art simulation technology. The three-day Kongsberg UC2017 International Maritime Simulation User Conference brought attendees up to date on developments in digitalization, maritime training, navigation technology, maritime operations simulation and the use of virtual reality in training. Tom Mulligan reports.
