Egypt Weans Itself off Foreign Gas
Egypt seeking to defer up to 25 LNG cargoes this year-trade; talks with trade houses and producers ongoing. Egypt is holding talks with its liquefied natural gas…
Maersk: Shipping Recovery Coming
Maersk Line posts loss, but company sees improvement. A.P. Moller-Maersk beat first-quarter net profit forecasts on Thursday, boosted by the energy business it plans to spin off…
Drewry: Scrapping to Accelerate Tanker Recovery
Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery. But the timing of any…
ABS Addresses Marine and Offshore Industry Challenges
ABS held its annual Marine and Offshore Technical Committee Meetings in Houston in early May and addressed industry challenges and sharpen focus on future needs.
Five Power Defence Drill in International Waters
Australia, Malaysia, Singapore, New Zealand and the United Kingdom have completed Five Power Defence Arrangements exercise in international waters, off the coast…
Xodus, Green Marine Partner on Offshore Renewables
Xodus Group and Green Marine are partnering to provide an integrated service for the maintenance of offshore renewable assets. The partners will utilise Xodus’ integrity…
New Ship Building Orders for Korean Yards
South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data. The global total amount of new shipbuilding orders reached 750…
ISF Watchkeeper Upgraded
The International Chamber of Shipping (ICS) and IT Energy have announced the launch of the latest release of their acclaimed ISF Watchkeeper software – ISF Watchkeeper…
Elbit Bags Order to Supply Equipment to Brazil Marine Corps
Elbit Systems announced that it won a $40 million contract from the Brazilian Marines to supply advanced systems for computerization, electronic warfare, radio, and communications.
DryShips Acquires Suezmax Newbuilding
Greece-based DryShips, a diversified owner of ocean going cargo vessels, entered into an agreement with an entity affiliated with the Company’s Chairman and CEO…
Robert Allan Ltd.: The Place that Launched 1,000 Tugs
Over the last few years, as the design output from Robert Allan Ltd. to the global tugboat community began to border on the prodigious, we were often asked, “How many tugs has your company designed?” Until very recently we really did not have a good handle on that number, so the answer was usually either “a lot” or “many hundreds”, neither of which were particularly illuminating. So a search was begun late in 2016 to review our archives and try to determine the tug tally much more precisely.
CBP Withdraws Obama-proposed Jones Act Changes
U.S. Customs and Border Protection has withdrawn an Obama-era proposal to modify a law that governs shipping, which would have revoked waivers that make it easier…
Mariners, Shipbuilders Call on President to Put U.S. National & Economic Security First
Profoundly damaging announcement by U.S. Customs and Border Protection (CBP) puts foreign companies first and American companies and workers last. The Offshore Marine…
Seatools Debuts New Dredging Monitoring Systems
Seatools has introduced the fourth-generation DipMate backhoe dredging monitoring and control systems, with an upgrade that encompasses two models: Essential and Pro. Seatools described Essential as a cost-competitive visualization system that contains all essentials for efficient backhoe dredging, while the Pro is an advanced version that can be delivered with a range of automation modules enabling operators of all skill levels to dredge safely and maximize dredging productivity.
AWO Approves LR as Third-Party RCP Auditor
Lloyd's Register has received approval from the American Waterways Operators (AWO) as a third-party organization authorized to conduct audits of AWO member operations as part of its Responsible Carrier Program (RCP). The RCP is a safety management system that provides a framework for the U.S. tugboat, towboat and barge industry to continuously improve safety and environmental performance. In order…
Apply Now for the MN100
The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below.
Steel Cut for Hapag-Lloyd’s New Expedition Ship
The first steel cut on May 9, 2017 at the VARD shipyard in Tulcea, Romania marks the official start of the construction of Hapag-Lloyd Cruises’ first of two new-build expedition ships. In an official ceremony Karl J. Pojer, CEO of the luxury cruise operator, gave the official start signal for the construction process of HANSEATIC nature, and Roger Vassdal, Senior Vice President for VARD’s operations in Romania…
Gulf of Mexico is Ground Zero for the Jones Act
A vastly modernized U.S. offshore support fleet awaits the opportunity to perform Jones Act work in the U.S. Gulf of Mexico. Foreign operators, already here, predict…
Polarcus Fleet Booked through Q3
Polarcus Limited said it has received a letter of award for a broadband 3D marine seismic project in Asia Pacific. With this contract, Polarcus’ fleet is fully booked through to the end of the third quarter 2017. The project is due to commence in the third quarter of 2017 and will run for approximately one month.
Maritime Reporter & Engineering News -- May 2017 Edition
-- Cyber Security Thought Leadership: Insight and analysis of the looming cyber security threat to maritime from 5 global leaders. -- The Norway Way: 4 in-depth features on everything maritime and energy from Norway, as the country and its companies navigate this historic energy swoon.
