EC Okays Maltese Tonnage Tax Scheme
The European Commission has conditionally approved under EU State aid rules the Maltese tonnage tax scheme for a period of 10 years. The scheme will ensure a level…
Tallinn Port Annouces Discounts for LNG Ships
Starting in 2018, all ships that use liquefied natural gas (LNG) as their primary fuel can apply for a discount of four percent on tonnage fees when calling at harbours of the Port of Tallinn.
MOL Wins 'Cruise of the Year' Award
Mitsui O.S.K. Lines (MOL) announced that its "Tonde (fly and) cruise to Kyushu, - Around-the-Kyushu -", which were planned and offered by its group company Mitsui O.S.K.
DMA Promotes Cross-border Digitalisation
International cooperation on standardisation and maritime digitalisation are this year’s themes as the Danish Maritime Authority and IALA are hosting the conference…
Damen Bags Special Steel Tanks Contract
Damen Oskarshamnsvarvet Sweden has been awarded the contract to manufacture high-precision special steel tanks together with their integrated cassettes for OKG;…
South Korea 'Fired 249 Warning Shots' to Fend off Chinese Fishing Boats
South Korea’s coast guard said it fired 249 warning shots over a group of Chinese fishing boats “swarming around” one of its patrol ships in South Korean waters, prompting a call for restraint from Beijing. South Korean coast guard vessels regularly chase Chinese boats suspected of fishing illegally in South Korean waters, at times sparking violent confrontations, complicating a relationship which is key to efforts to try to rein in North Korea’s nuclear and missile programs.
US Navy Aids Stranded Iranian Vessel
A U.S. Navy warship came to the aid of an Iranian vessel stranded in rough waters in the Arabian Sea. A helicopter crew conducting routine flight operations from Arleigh Burke-class guided-missile destroyer USS Preble (DDG 88) spotted the dhow approximately 60 nautical miles from land. “The distressed mariners were seen waving their hands over their head in an effort to get the attention of our pilots,” said Cmdr. Leonardo Giovannelli, Preble's executive officer.
Fight over Alaska Arctic Drilling has Just Begun
Senator Lisa Murkowski, an Alaska Republican, won a decades-long battle on Wednesday to open part of an Arctic wildlife reserve in her state to oil and gas drilling, but Democratic senators and conservationists vow the war has only begun. The tax bill passed by Congress contains language pushed by Murkowski and supported by President Donald Trump to hold two lease sales in the 1.5 million-acre (600…
Fincantieri Bay Shipbuilding Delivers ATB to Wawa
Wawa Inc. has taken delivery of its first owned vessel, a newly built articulated tug-barge unit (ATB) constructed by Fincantieri Bay Shipbuilding. The barge, named 1964, and its 8,000 horsepower tug, Millville, were christened during a November 28 ceremony at the Sturgeon Bay, Wisc. shipyard. Wawa, which runs a chain of gas stations/convenience stores on the U.S. East Coast and presently sells about two percent of the gasoline sold in the nation…
Vane Bros. Orders Four New Tugs from Chesapeake
Chesapeake Shipbuilding Corp. said it has signed an agreement to design and build four new push tugs for Vane Brothers. The design and construction on the Subchapter M compliant tugs will begin immediately in Chesapeake Shipbuilding’s hull fabrication buildings in Salisbury, Md. The series’ lead vessel is expected to be delivered in the beginning of 2019. The four new sister tugs will Subchapter M compliant each measure 94’ LOA, with a 34’ molded beam and a 10’ 6” molded depth.
EXMAR, Statoil Sign Deal for VLGC Newbuilds
EXMAR said it has entered into an agreement with Statoil for two newbuild 79,500 m³ very large gas carriers (VLGC) to transport liquefied petroleum gas (LPG) in a long-term commitment.
People-smuggling Scams Reemerge Globally -ITIC
Scams to smuggle illegal migrants aboard ships are reemerging globally, warns International Transport Intermediaries Club (ITIC). ITIC is urging ship agents worldwide to be extra vigilant when approached to carry out crew changes by unknown owners or crew managers, as people-smugglers scams are becoming more prevalent. According to ITIC, agents are approached by scamming owners or managers (usually…
DNV GL Publishes 2050 Maritime Forecast Report
A transitioning energy industry will change the shape of shipping, but not its importance to the global economy, says DNV GL. In its recently published Maritime Forecast to 2050, DNV GL analyzes a changing global energy system’s impact on the shipping industry through to 2050, exploring how factors such as expected shifts in energy production and demand, GDP growth, industrial production and regional manufacturing might affect the maritime industry and individual ship segments.
Crowley Shipping Announces Management Team
Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore energy support and ship assist and tanker escort services in the U.S. and international markets. Crowley said the new business unit structure better aligns vessel operations and services with customers…
Marine News' Top 10 Stories of 2017
Plucked from the headlines, the top stories of 2017 were compelling, and each provided impact to the domestic waterfront and in particular – the workboat sector.
Metal Shark Bags Pilot Boat Build Contracts
Metal Shark said it has its sights locked on the pilot boat market, with two new vessels from its range of custom-configurable pilot boat offering currently under construction. The Louisiana-based shipbuilder is building a 45-foot Defiant Pilot Boat for the Virgin Islands Port Authority at its Jeanerette, La. production facility. At its shipyard in nearby Franklin, La., Metal Shark is building a 64-foot Defiant Pilot Boat for the Brazos Pilots Association of Freeport, Texas.
Seychelles Charges Six Somali Pirates
Six Somali nationals have been charged in the Republic of Seychelles for attempting and committing acts of piracy in the Indian Ocean, the Seychellois Attorney General announced on December 18. The suspected pirates were apprehended in November by EU antipiracy forces following alleged attacks on containership MV Ever Dynamic and fishing vessel Galerna III in the Southern Somali Basin, an area known for piracy.
Qatargas Inks Deal to Deliver LNG to Austria's OMV
State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years.
SBM Offshore Completes FPSO Liza Financing
SBM Offshore said it has secured the $720 million project financing for FPSO Liza through a consortium of 12 international banks, completed on December 19, 2017. SBM Offshore said it expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantees have been released. The post completion project loan has a tenor of 10 years…
Wah Kwong Maritime's Chao is 2018 CMA Commodore
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of…
