Bollinger Wins SCA Safety Award
Bollinger Shipyards was presented the 2016 “Award for Excellence in Safety” for the 12th consecutive year by the Shipbuilders Council of America (SCA) on May 18, 2017 during SCA’s Annual General Membership Meeting in Washington, D.C. This award is given to member companies with the lowest total recordable incident rates (TRIR) based on a quarterly injury and illness survey conducted by the Association.
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Norwegians to Finance Vessel Retrofits
Following the International Maritime Organization (IMO) ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway offers financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers. The Norwegian export credit agency Export Credit Norway has assembled a specialized team and tailor-made financing solution to support vessel owners who need to retrofit equipment such as gas exhaust cleaning systems…
New Orleans Joins Cold Treatment Pilot Program
The Port of New Orleans announced a new opportunity for shippers looking to transport perishable cargo from South America. Port NOLA received approval by the U.S. Department of Agriculture for inclusion in the Southeast U.S. In-Transit Cold Treatment Pilot Program. Participation in the Animal and Plant Health Inspection Services (APHIS) pilot program means select time-sensitive products can be treated to meet customs compliance in-transit rather than after it arrives to the U.S.
Ships Parade Kicks off NY Fleet Week
From the tree lighting at Rockefeller Center to New Year's Eve in Times Square, New York’s time-honored traditions are some of the most well-known around the world. Arriving today as part of another New York tradition, a “parade of ships” from several branches of the U.S. military (and one ship from Canada) sailed into the New York Harbor and up the Hudson River from Battery Park to just south of the George Washington Bridge, for the 29th annual Fleet Week New York (FWNY).
Weak Demand Drags Down Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in nearly three months on Wednesday on weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 15 points, or 1.58 percent, at 934 points - its lowest level since early March. The capesize index lost 52 points, or 3.05 percent, at 1,654 points.
MAN Rollo Supplies Engines for Hybrid Patrol Boat
In April this year, MAN Rollo supplied two engines for the RPA8 hybrid patrol boat, which Kooiman Shipyard was commissioned to build by the Port of Rotterdam Authority. When putting out a tender for the patrol boat, the Port of Rotterdam Authority defined a number of principles, including the cost of ownership, emission reduction and minimising wave generation. The tender also specified that the innovative…
Inmarsat, IMSO Partner in Vanuatu
Inmarsat (ISAT.L) has made available five Fleet One units to a pilot initiative that aims to bring change to the way ships connecting island communities in the Pacific archipelago of Vanuatu communicate. The International Maritime Organization (IMO) endorsed capacity-building pilot program is the result of cooperation between the International Mobile Satellite Organization (IMSO) and the Government of Vanuatu under the leadership of the Ambassador of Vanuatu to the IMO.
Nor-Lines, Rolls-Royce Sign Service Agreement
Nor Lines and Rolls-Royce have signed a “Power-by-the-Hour” service agreement for the two vessels Kvitbjørn and Kvitnos. The new service offering harnesses the power of “big data” to monitor, plan and perform maintenance and repairs on all the equipment it has installed on the cargo vessels. Power-by-the-Hour is a completely new service from Rolls-Royce Marine, and the agreement with Nor Lines is the first of its kind.
Hapag Lloyd Completes Merger with UASC
German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company. The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year, has closed and been listed in commercial registers as of May 24, including a capital increase of 45.9 million euros.
Vartdal Wins WISTA LeaderShip Award
Birgitte Ringstad Vartdal, CEO of Golden Ocean, has been awarded the WISTA LeaderShip Award 2017 by WISTA Norway as recognition of her contribution to the maritime industry, her competency and leadership skills within the traditionally male dominated role of CEO. The award will be presented at Nor-Shipping’s Waves of Change Conference on May 30. “Birgitte Ringstad Vartdal has lived up to WISTA’s core values…
Keppel to Build Additional Dredgers for Jan De Nul
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group…
Stolt-Nielsen Orders Small LNG Carriers
Stolt-Nielsen Limited subsidiary Stolt-Nielsen Gas B.V. (SNG) has contracted with Keppel Singmarine for the construction of two 7,500 cbm liquefied natural gas (LNG) carriers…
Seadrill Names Dibowitz CEO
Oslo-listed rig firm Seadrill named a new chief executive from within its own ranks on Wednesday and said its talks to restructure $14 billion of debt and liabilities had reached an advanced stage. Once the world's most valuable rig firm, Seadrill's business was hard hit when oil companies sharply cut investments and exploration in the wake of a 2014 crash in oil prices. Anton Dibowitz, current chief commercial officer…
Skangas Names LNG Bunker Supply Ship Coralius
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen, Chair of the Board of Skangas and Chief Executive Officer of Gasum.
GE Completes HAZID Meetings for World’s First LPG-Fueled Ferry
GE’s Marine Solutions reports that the world’s first Liquid Propane Gas (LPG)-fueled ferry design to use GE’s COmbined Gas turbine Electric and Steam (COGES) system…
IBIA Backs ICS, IMO Proposals on CO2 Emissions
Pressure is growing on the International Maritime Organization (IMO) to deliver specific commitments to reducing greenhouse gas emissions. A proposal from the International…
Scorpio Tankers Merges with Navig8 Product Tankers
Scorpio Tankers has entered into definitive agreements to merge with Navig8 Product Tankers and acquire Navig8’s 27 operating product tankers. Subject to the terms and conditions of these agreements…
ICS on CO2 Reduction Objectives
Members of the International Chamber of Shipping (ICS), including the UK Chamber, met last week in Istanbul, where they agreed to set new objectives in reducing…
MOL to Build Japan's First LNG-Fueled Tugboat
Mitsui O.S.K. Lines (MOL) has announced the company's decision to build an LNG-fueled tugboat. The new tugboat, the first LNG-fueled tug in Japan, will conform to…
