European Recyclers Form Ship Recycling Group
Five European ship recycling yards have joined forces to effectively raise awareness of existing best practice and the fact that there is capacity in Europe to properly recycle ships.
Cobham to Debut Super-Light 60cm Ku-band Antenna
Cobham announced during Satellite 2017 that a Ku-band version of its SAILOR 60cm antenna technology platform will be available this summer. As one of the lightest, most compact and high-performing Ku-band antennas, SAILOR 600 VSAT Ku is designed to provide more vessels with faster, flexible and predictable pay-monthly Ku-band VSAT services, the manufacturer said. SAILOR 600 VSAT Ku offers a balance between form factor and performance…
Chemline Launches Contractor Services
Polyurea/polyurethane protective coatings manufacturer Chemline said it has established a new dedicated sales team and web page specifically for contractors. The…
Moose Boats Bags Order from Westar Marine
San Francisco Bay boat designer and manufacturer Moose Boats said it has been awarded a contract to construct multiple 75-foot semi-displacement USCG Subchapter-T passenger catamarans for Westar Marine Services in San Francisco, Calif. The first vessel will commence production in the spring of 2017. The aluminum catamarans will be equipped with Twin Volvo D13 turbo diesel engines with Volvo IPS3 drives, achieving a service speed of 25 knots and exceptional close quarters maneuverability.
National Security Cutter Kimball Christened
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division christened the seventh Legend-class National Security Cutter, Kimball (WMSL 756), on March 4 in front of approximately 1,000 guests. “We wouldn’t be able to bring this ship to life without the great work that we see here at Huntington Ingalls shipyard,” said U.S. Coast Guard Commandant Adm. Paul F. Zukunft, who was the ceremony’s keynote speaker.
CMA CGM Returns to Net Profit in Q4
CMA CGM, the world's third-largest container line, swung back to a net profit in the fourth quarter of last year, supported by a recovery in freight rates and efficiency measures taken during a prolonged downturn in shipping, the company said. The improvement in the shipping market had continued at the start of 2017, but the sector remained fragile and CMA CGM did not plan to order any new vessels in the near term, it said in a financial results statement on Friday.
Offshore Wind: BOEM Fields Pair of Unsolicited Bids
BOEM has received unsolicited lease requests from two companies seeking to develop offshore wind energy on the Outer Continental Shelf (OCS). These requests are for areas located offshore New York and Massachusetts and are not in response to a formal call for interest. BOEM has finished its review of the unsolicited lease requests and deemed the requests complete. Moreover, BOEM has reviewed the applicants' qualification materials and determined that the applicants are legally…
ABS Grants AIP for LNG-fueled Design Concept
ABS has granted Approval in Principle (AIP) for the Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers Ltd. of Nassau, Bahamas. The design has the capability to accommodate multiple engine types as well as Type-C or membrane containment systems for liquefied natural gas (LNG) fuel. “Technically innovative designs that advance the use of LNG as fuel will play an increasingly important role in the marine sector…
WRDA 2016: Reclaiming Our Transportation Infrastructure
In the United States, transportation infrastructure is the bedrock of our supply chains. Ports and waterways in the United States moved over 2.3 billion tons of goods in 2014. A robust maritime infrastructure to support such ports and waterways helps goods to move freely and aid in more flow of trade and ultimately greater economic stimulus. Port authorities and waterways commissions are always seeking…
NordLB to Inject Capital into BLB after Shipping Writedowns
German state-controlled lender NordLB will inject money into its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping market that is chipping away at its capital.
Stena Bulk Takes Control of Stena Weco
Stena Bulk has agreed to purchase the remaining 50 percent of the shares in Stena Weco from its partner WECO Shipping. Stena Weco will thus be wholly owned by Stena Bulk. Stena Weco’s head office will remain as it is today in Denmark in addition to the regional offices in Singapore, Dubai and Houston. Within the agreement between Stena Bulk and Weco, WECO Shipping will continue to run their controlled fleet in the Stena Weco logistic system.
VIKING's Set to Unveil New Safety Solutions
VIKING has chosen Seatrade Cruise Global in Fort Lauderdale to showcase a host of new safety solutions and servicing concepts. Marine and offshore safety equipment provider VIKING Life-Saving Equipment (VIKING) has a trio of new products in store for ship owners and operators attending Seatrade Cruise Global. The flagship among these is the VIKING LifeCraft hybrid evacuation and survival craft system.
Despite Sanctions Relief, Shell Still Cool on Iranian Oil Buys
Royal Dutch Shell has bought only three cargoes of Iranian oil since sanctions were eased a year ago, a small fraction of what it used to buy and an indication of…
Herman Senior Orders Damen Workboat
The Dutch family-owned tug and workboat company Herman Senior BV has ordered its 12th Damen vessel, a Multi Cat 2712. Given the very short delivery time, the new vessel will be officially launched and christened Panda on March 23. Herman Senior has a tradition of naming its ships after famous bears. Based in Dordrecht, Herman Senior serves the dredging market, offshore wind farms and the oil and gas industry…
Baltic Index Climbs to Three-month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in three months on Friday, supported by robust capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, ended up 22 points or 2.07 percent at 1,086 points, a peak since Dec. The capesize index touched its highest level since Dec. 7, up 111 points, or 6.62 percent, at 1,789 points.
Sanmar Receives Tug Orders from Italy
Roughly one month after Turkish tug building company Sanmar laid the keels of two new Sirapinar Class tugs, the opportunity to purchase these ASDs has been snapped up by Italian operator Rimorchiatori Napoletani. Commenting on the new design, which was developed in cooperation with cooperation with Robert Allan Ltd, Ali Gurun of Sanmar said, “The industry is under the challenge of ever tighter cost…
Fincantieri Launches Carnival Horizon
Carnival Cruise Line’s newest ship, Carnival Horizon, was launched at Fincantieri’s shipyard in Marghera, Italy. Interior fittings will now begin, leading the ship to its delivery, scheduled in spring 2018. The new cruise liner, sister ship of Carnival Vista, the largest ship which Fincantieri has ever built for the Carnival Cruise Line’s fleet, delivered in Monfalcone in April 2016, will have a gross tonnage of 133…
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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.
OPEC's Hope for Goldilocks Price Fade: Kemp
CERAWeek has exposed all the contradictions at the heart of OPEC’s attempt to rebalance the oil market without rekindling the shale boom or conceding too much market share to rivals.
Asia Dry Bulk-Capesize Rates to Climb Again
Number of spot capesize cargoes double from January levels; Pacific capesize earnings now around $14,000 per day. Freight rates for large capesize dry cargo vessels on key Asian routes…
