Ocean Group Takes Delivery of First Damen Tug
Italian maritime service provider Ocean S.r.l. has welcomed its first Damen tug – a Stan Tug 2608 – into its fleet. The company, part of the Ocean-Team Group, will deploy the vessel in harbor towage operations in the ports of Monfalcone and Porto Nogaro in the northern reaches of the Adriatic Sea. The signing of the delivery protocol was attended by King Willem-Alexander and Queen Máxima of the Netherlands…
ClassNK Publishes Annual Report on Port State Control
ClassNK has released its annual report on Port State Control. The report aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained by PSC as well as deficiencies that were found on board from many port states in 2016. PSC inspections ensure that vessels departing the port meet international standards and have proved to be highly effective in eliminating substandard ships that are in operation.
IRClass: New Rules for LNG Fueled Coastal/Inland Vessels
Indian Register of Shipping (IRClass) has released new rules for liquefied natural gas (LNG) fueled coastal and inland vessels. The new rules, which come in addition…
Marine Mapping Agreement for Northern Ireland
OceanWise announced that it has been awarded a contract to provide the Government of Northern Ireland with marine mapping. The award reinforces OceanWise as the primary supplier of marine mapping to both the public and private sectors in the U.K. The agreement includes Marine Themes, Marine Themes DEM and Raster Charts XL (eXcluding Land) provided in the form of datasets and as OGC compliant web services. The data will be used to support desktop GIS and as input to web based applications.
Capesize Sector Drags Baltic Index Down Again
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight session on Thursday, weighed down by lower rates for capesize vessels.
COSCO Records H1 Profit on Improving Market
COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half, helped by an improving shipping market. The world's…
Daewoo May Sell Mangalia Shipyard to Damen
Daewoo Shipbuilding & Marine Engineering (DSME) will sell the subsidiary of Mangalia Shipyard Romania to a Dutch builder Damen Shipyard Group, reported local media.
Two Vietnamese Sailors Beheaded by Abu Sayyaf
The Abu Sayyaf group beheaded two Vietnamese nationals held hostage for almost eight months, CNN reported quoting the military. Colonel Juvymax Uy, commander of Joint Task Force Basilan…
Diana Shipping to Refinance its Existing Loan
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has agreed to refinance its existing loan facility with Diana Containerships…
Ecoslops Production Doubled
Ecoslops, an innovative technology company that upgrades ship-generated hydrocarbon residues into valuable new fuels and light bitumen, announced key achievements for the first half of 2017.
US Navy Maritime Drill with Vietnam
The U.S. Navy began the 8th Annual Naval Engagement Activity (NEA) with the Vietnam People's Navy, July 5, with the arrival of USS Coronado (LCS 4) and USNS Salvor…
Seanergy Maritime Reports Q1 Results, Acquires Vessel
For the quarter ended March 31, 2017, Seanergy Maritime Holdings Corp generated net revenues of $13.3 million, a 90% increase versus the same period 2016. As of March 31…
Saudi Aramco, Hyundai Heavy Sign MoU
Saudi Aramco, Dussur – the Saudi Arabian Industrial Investments Company, and Hyundai Heavy Industries (HHI) announced a Memorandum of Understanding (MOU) to jointly…
Royal Australia Navy Ship Visits India
Royal Australia Navy (RAN) ship, HMAS Newcastle commanded by Commander MD Sirois is visiting Kochi, India from 04 - 07 Jul 17. On 04 Jul 17, the Commanding Officer…
Advanced Greases Can Handle Today’s Deck Equipment Challenges
Anchor winches, cranes, level winders and other equipment exposed to the elements on the deck of a vessel ay look good with a thick, consistent layer of grease, but appearances can be deceiving. In fact, several problems may be lurking below the surface of commonly used greases. 1. Premature wear can occur if the grease is not up to the design loads and speed of the equipment. Today’s deck equipment is being pushed much harder over a wider range of operations…
Colombia Moves to Salvage Treasure from Spanish Shipwreck
Colombia is making progress towards salvaging a Spanish galleon carrying jewels and coins that sank more than 300 years ago, President Juan Manuel Santos said on Wednesday after receiving a proposal from an investor to bring it to the surface. The ship named San Jose, thought by historians to be carrying one of the largest unsalvaged maritime treasures, sank in 1708 near the historical Caribbean port of Cartagena, and its wreckage was located in 2015.
CMR Group Awarded R&D Funding
CMR Group said it has won funding support from Innovate UK for a new electrical wiring harness being developed for industrial diesel and gas engines used in harsh environments. The firm, which specializes in marine control instrumentation and electrical engineering, is set to invest the five-figure cash sum in a major research and development program to design and develop a new generation of ‘people-centered’ harnesses.
IMS Announces New Client: Campbell Transportation
U.S. inland vessel management company Inland Marine Service (IMS) said it has taken on Campbell Transportation Company as its latest client. A fully integrated marine services company, Campbell is currently undergoing an acquisition with American Commercial Barge Line. Once completed, Campbell Transportation will own and/or manage more than 1,100 barges and 50 towboats on the inland waterways, along with four shipyard facilities and a marine construction company…
Panama Canal Hearing Addresses Toll Structure Changes
The Panama Canal Authority (ACP) today held a public hearing on its tolls structure modifications proposal. “The modified tolls will safeguard the Canal's competitiveness, charge a fair price for the value of the route and provide a competitive service to the global shipping industry,” said Panama Canal Administrator, Jorge L. Quijano. The hearing follows the conclusion of a 32-day formal consultation period for industry feedback.
HII Wins USS Columbus Submarine Repair Work
Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding division has been awarded a $219 million modification to a previously awarded contract to execute maintenance and modernization efforts on the submarine USS Columbus (SSN 762). Contract work includes maintenance, repair, alterations, testing and routine work on the ship’s hull structure, tanks, propulsion systems, electric plant, auxiliary systems, armament and furnishings.
