India to Push Shipping Sector
Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports. 142 port capacity expansion…
Vryhof Expands Its Global Footprint
Vryhof, a provider of anchoring and mooring solutions, said it is expanding its global footprint with its companies Deep Sea Mooring (DSM) opening a new office in Aberdeen and Vryhof Anchors appointing Singapore-based Franklin Offshore as its exclusive representative for selling Vryhof solutions in a number of Asia Pacific countries. “In an industry that has seen considerable negativity over the past year…
US Destroyer Challenges China's Claims in South China Sea
A U.S. Navy destroyer carried out a "freedom of navigation operation" on Thursday, coming within 12 nautical miles of an artificial island built up by China in the South China Sea, U.S. officials told Reuters. The operation came as President Donald Trump's administration seeks Chinese cooperation in dealing with North Korea's missile and nuclear programs and could complicate efforts to secure a common stance. The officials, speaking on condition of anonymity, said the USS John S.
ENI, Anadarko to Build LNG Terminals in Mozambique
Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country.
Baltic Index Surges on Strong Demand for Larger Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 42 points, or 4 percent, at 1,092 points – the highest since April 28. "We are seeing a seasonal uptick ...
Noble Group Reports $1.75 Bln Q2 Loss
Commodities trader Noble Group reported a second- quarter loss of $1.75 billion on Thursday, weeks after warning it faced its steepest quarterly loss in a year and…
GranInvestimentos and Royal IHC Join Forces
Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver integrated life cycle solutions to customers in the oil and gas sector.
SJSB Launches Caribbean Landing Craft
Florida based shipbuilder St. Johns Ship Building (SJSB) launched a newly built 190-foot landing craft vessel for owner Bahamas Ferries on July 28. Designed for transport in the Bahamian islands, the vessel the Grand Master II is outfitted for Caribbean transport with a forward, hydraulic bow ramp and 6,400 square feet of cargo space. Twin 700 HP Cummings QSK19 with Schottel rudder propellers power the Grand Master II.
Simrad Announces A2004 Autopilot Controller
The new Simrad A2004 is a dedicated autopilot controller designed to meet the needs of workboat, commercial fishing and passenger vessels. The A2004 is suited for vessels that don’t require SOLAS Heading Control Systems but do require a proven autopilot interface backed by Continuum software for accuracy and ease of use. The autopilot’s information is presented on a wide-angle and zero-fog color display…
Third Dual-fuel Tug for Østensjø Rederi
After completing its sea trials, AUDAX, the third dual fuel tug ever built in Europe, has been delivered to its owner, the Norwegian company Østensjø Rederi A/S. The first tug of this kind built in Europe, DUX, was delivered by the company last May, and the second one, PAX, was delivered in July. Designed by Canadian company Robert Allan Ltd. these state-of-the-art vessels, with 40.2 meters length and 16 meters beam…
AkzoNobel Coats Vine Trust Medical Ship
People living in remote and isolated Amazonian communities will now have access to primary healthcare, thanks to the support of a medical ship operated by Vine Trust and restored using coatings from AkzoNobel. Vine Trust’s new vessel, named MV Forth Hope, is expected to deliver more than two million medical consultations over the next 20 years to isolated communities on the Peruvian Amazon. Outfitted with dental facilities…
Hurricane Franklin Makes Landfall in Veracruz, Mexico
Hurricane Franklin made landfall on the eastern coast of Mexico in the state of Veracruz, the U.S. National Hurricane Center said early Thursday. Franklin, a Category…
Shipping Suspended in Turkey's Bosphorus
Traffic in the Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Thursday morning, data from Turkey's coastal safety agency showed.
Tier IV Tug Delivered to McAllister Towing
McAllister Towing announced the arrival in N.Y. of the tug Capt. Brian A. McAllister, the first EPA Tier IV tug on the U.S. East Coast according to the company. Capt. Brian A. McAllister is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP4000FP units. Packed into its 100 x 40 ft. hull is 6,770 hp and more than 80 metric tons of bollard pull. Combining that power with a Markey class III escort winch on the bow and a Markey 2.25-in.
Merchant Vessel Aground in Saint Marys River
A 629-foot U.S. cargo ship ran aground on the north side of Sugar Island in the St. Marys River, Wednesday at 11:40 p.m. The merchant vessel Calumet departed ESSAR Steel in Sault Ste.
More Migrants Feared Drowned off Yemen
Some 180 young Ethiopian and Somali migrants, many weakened by hunger and drought in their home countries, were forced from a boat into rough seas off Yemen by smugglers…
Euploia Drydocks Joins Pompe Garbarino
Euploia Drydocks & Services Ltd signed a collaboration agreement with Pompe Garbarino S.P.A.. Euploia Drydocks and Services Ltd wish to broaden professional horizons…
DHT Holdings Completes Delivery of 9 VLCCs
Bermuda-based DHT Holdings has completed the delivery of the nine VLCCs acquired from the BW and the contracts for the two newbuildings due for delivery in 2018 have been transferred to DHT.
BIMCO ELearning Dramatically Refreshed
BIMCO has launched the first of a range of updated eLearning courses tailored to meet shipping professionals’ needs, using the very latest content authoring technology and platform.
Malibu Boats Offers Two million Shares at $25.25/Share
US manufacturer of recreational boats Malibu Boats has announced the pricing of the follow-on offering of 2,000,000 shares of the Company's Class A Common Stock…