Frontline Q1 Profit Disappoints
Q1 net result $27.0 million; operating profit $40.8 million. * Following the implementation of OPEC and non-OPEC production caps, which have largely been complied with…
China Behaving like "Bully" in South China Sea - McCain
China is behaving like a "bully" with its militarisation of islands in the South China Sea, Republican U.S. Senator John McCain said on Tuesday, activity Washington…
Rolls-Royce Unveils Unified Ship Design
Rolls-Royce has revealed a radical overhaul of its vessel design philosophy which aims to optimise construction and operations without reducing the use of space on board.
Hapag-Lloyd Stakeholders Okay Capital Increase
Hapag-Lloyd shareholders approved all items on the agenda at today’s Annual General Meeting. In particular, the shareholders approved the creation of new authorised share capital.
IWAI holds Road Show in Guwahati
The Inland Waterways Authority of India organized a road show in association with the Ministry Of Development of North Eastern Region (DoNER) in Guwahati last week…
Fjellstrand's Rolls Out Environmental Ferry
Norwegian ship yard Fjellstrand AS has signed a contract with Norwegian ferry operator Fjord1 for the building of a new ZeroCatTM 120 car ferry. Fjellstrand was…
DNV GL Focus on Digitalization at Nor-Shipping
DNV GL held it’s traditional press conference at the Nor-Shipping trade fair today. This year, the event took place on the Vision of the Fjords, a DNV GL-classed carbon fiber hybrid ferry.
SKF Extends Monitoring Platform for Ship Emission
SKF has extended its BlueMon environmental monitoring and mapping system to meet the maritime emission requirements of MARPOL 73/78 Annex VI. As the number of Emission Control Areas (ECAs) grows…
Vard Confirms Fishing Vessel Contract for Aker BioMarine
Vard Holdings Limited (VARD), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that the contract for the design…
ABS Nautical Systems Simplifies MRV Compliance
ABS has launched ABS Nautical Systems NS Voyage Manager to simplify compliance reporting. The cloud-based, subscription application facilitates compliance with a range of environmental regulations…
Cyber SAFE Ship Delivered
The first ships to be classed with Lloyd’s Register’s cyber notations have been delivered to Global United in Korea. Built by Hanjin Heavy Industries, in collaboration with Alpha Ori Technology…
Schottel Gets Eight Ferry Newbuild Order for EcoPeller
Schottel has been selected to fit eight newly-built ferries with the new Schottel Rudder EcoPeller (SRE, EcoPeller) for two of Norway’s leading ferry lines. In close…
LNG: New Milestone for MAN Rollo
MAN Rollo will provide the crane vessel Werkendam with three LNG generator sets. International marine and offshore contractor Van Oord is currently building the…
DNV GL Green Engineering Award
DNV GL has honoured three engineers for their scientific research with the DNV GL Award for Young Professionals. Presented by DNV GL – Maritime CEO Knut Ørbeck-Nilssen…
South Korean Shipyards: Silver Lining for the Biggies
Though South Korea’s big three shipbuilders -Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries - showing signs of fiscal recovery this year…
MOL Mulls LNG Power Generation on Ships
Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants.
Energean Signs First Deal to Supply Gas to Israel
Greek developer Energean Oil & Gas has secured its first gas supply deals for Israel's Karish and Tanin reservoirs, Reuters reported. The deals were signed with Dalia Power…
INS Shardul Reaches Colombo Port
INS Shardul, which was dispatched by Southern Naval Command of India Navy with relief material to Sri Lanka has arrived in Colombo. In the wake of recent floods in Sri Lanka…
SeaBird in Debt Restructuring Proposal
SeaBird Exploration will propose to its bondholders and certain of its other creditors a debt restructuring of the SeaBird group that if successfully completed will…
Essar Acquires Panamax Vessel
The Ruia brothers-led Essar Shipping Limited (ESL) of India has added a Panamax vessel of 74,005 Deadweight Tonnage (DWT) to its fleet of vessels. With this new induction…
