Kongsberg Eyes Key Contract in German-Norwegian Submarine Deal
Norwegian conglomerate Kongsberg Gruppen aims to supply command and control systems to the submarines that Norway and Germany plan to order from Germany's Thyssenkrupp…
Port of Seattle CEO Resigns
Port of Seattle CEO Ted Fick tendered his resignation at a public port commission meeting Thursday after more than 2.5 years at the helm. Fick was recently placed on paid administrative leave due to “personnel issues” and the separation was described as “mutual”. “We accept the resignation of Ted Fick, and acknowledge his desire to return to the private sector,” said Commission President Tom Albro.
Asia Tankers-VLCC Rates to Hold Steady
25 MidEast cargoes still to be fixed; VLCC rates fall to 4-month low. Freight rates for very large crude carriers (VLCCs), which hit a four-month low on Thursday…
'Chaotic' Shift to Cleaner Shipping Fuel Looms
The biggest change in shipping fuel for decades is three years away, but shipping and refining companies need to be taking action now to ensure the world will have…
APL extends West Coast Service
APL today announced that its West Coast Service (WCS) will be serving an additional port in Callao, Peru, expanding the service’s port coverage in South America West Coast.
Keppel Shipyard to deliver FPSO
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading…
NYK PCTC Rescues Sailors off Bermuda Coast
Hercules Leader, a pure car and truck carrier (PCTC) operated by NYK, rescued six yachtsmen in distress off the coast of Bermuda on January 19. While Hercules Leader was sailing from the U.S.
Expedition to Glaciers of Antarctic
How has the West Antarctic Ice Sheet changed in response to alternating warm and cold time periods? And what does it mean for the sea level – today and tomorrow?
Gothenburg Port volumes Rise
Freight volumes at the Port of Gothenburg rose by almost three million tonnes in 2016 - up from 38.2 million tonnes in 2015 to 40.9 million tonnes last year. Car…
HydroComp PropElements 2017- Update
HydroComp PropElements 2017 – the propeller “design for performance” code from HydroComp,Inc. of Durham NH USA – is the latest build of the company’s commercial…
Damen: First SIGMA PKR frigate for Indonesian Navy
Damen Schelde Naval Shipbuilding has handed over the first SIGMA 10514 PerusakKawalRudal(PKR) frigate to the Indonesian Ministry of Defence, on schedule and on budget.
78% Ships Dismantled in South Asian Beaches
The list of all ships dismantled around the world in 2016, which the NGO Shipbreaking Platform has compiled and analysed, shows no improvements of the shipping industry’s…
Egypt LNG Market to Reach 4.5 MMT by 2025
LNG market in Egypt is projected to surpass 4.5 MMT by 2025, due to rising demand from power and industrial sectors in the country, says TechSci Research report.
Workshop Promotes Maritime Security Cooperation in Kenya
Kenyan officials involved in maritime law enforcement are taking part in a workshop and scenario-based simulation exercise in Mombassa, Kenya (31 January – 3 February).
CMA CGM Reorganises Its Asia - West Africa Services
In line with the West Africa market trend, CMA CGM Group adapts its service offering while continuing to improve its service reliability and cost efficiency. Withdrawal of WAX 2 service.
Star Bulk Carriers Announces Private Placement
Star Bulk Carriers Corp. announced the closing of its previously announced private placement of 6,310,272 common shares, at a price of $8.154 per share. The aggregate proceeds to Star Bulk…
Diana Shipping Signs Time Charter Contract with Caravel
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Caravel Shipping Limited, Hong Kong…
Coin Ceremony for MSC Seaview
Cruise line MSC Cruises and shipbuilder FINCANTIERI today marked a milestone in the building of MSC Seaview with the celebration of the traditional coin ceremony, held at FINCANTIERI’s Monfalcone shipyard in Italy. MSC Seaview is the third next-generation mega cruise ship that will come into service under MSC Cruises’ 10-year investment plan through 2026. The coin ceremony takes place when a ship’s keel is laid, at the early stages of its construction.
Radio Holland, Cisco Partner to Spur Maritime Digitization
Radio Holland Group has signed a strategic agreement with American ICT company Cisco. The aim of the cooperation is to help accelerate digitization in the maritime sector by developing and offering maritime ICT solutions such as remote monitoring and diagnostics services, data management and networks on board. Dennis Mol, Chief Operations Officer at the Radio Holland Group, said, “In a challenging…
Legislators Urge Trump to Fund Dredging
A coalition of 75 members of the House of Representatives called on President Trump to fully fund harbor maintenance programs in his upcoming Fiscal Year 2018 budget proposal. The letter, available here, noted that the Water Resources Reform and Development Act of 2014 (WRRDA) called for FY18 harbor maintenance expenditures to equal 74 percent of FY17 Harbor Maintenance Tax revenue. Although the specific…
