Long Beach Port 'on track for green future'
The Port of Long Beach sails into 2017 propelled by transformative modernization projects all across the harbor, excellent financial health, an industry-leading record of environmental progress…
Hurtigruten Signs on to Ban HFO in the Arctic
Expedition cruise ship operator Hurtigruten has joined international environmental organizations in efforts aiming to spearhead the protection of Arctic communities…
Wärtsilä,Tallink Ink Megastar Maintenance Deal
Wärtsilä has signed a five-year maintenance agreement with Estonia based AS Tallink Grupp for its new RoPax ferry M/S Megastar on the Tallinn - Helsinki route across the Gulf of Finland.
Fincantieri Delivers Viking Sky in Ancona
Viking Sky, the third of six cruise ships Viking Ocean Cruises has ordered from Fincantieri, has been delivered at the shipyard in Ancona. Viking Sky, as its sister ships…
2017-2021 Tanker Market Outlook: McQuilling
McQuilling Services has released its 20th Anniversary Edition 2017-2021 Tanker Market Outlook. This 200-page report provides a five-year spot and time charter equivalent…
VBMS Bags Anglia ONE OWF cabling Deal
Royal Boskalis Westminster N.V. (Boskalis) announces that its subsidiary VBMS has been awarded a cabling contract with a value of approximately EUR 100 million by ScottishPower Renewables…
Korean Government to Fund HMM Vessels
South Korean shipping unit will purchase Hyundai Merchant Marine (HMM) vessels for USD 515 million and lease them back to the container carrier at favorable charter…
Samsung Heavy Trims Operating Loss for 2016
Samsung Heavy Industries (SHI), South Korea's second largest shipbuilder, has managed to reduce its operating loss by around 90 percent due to a stabilization in…
Navios Maritime Midstream Posts 4Q Profit
Maritime Midstream Partners LP (NAP), an owner and operator of tanker vessels, has reported fourth-quarter earnings of $6 million. On a per-share basis, the company has a net income of 28 cents.
Diana Shipping Signs Contracts with Cargill, Noble
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it…
Singapore Court Fines Unlicensed Bunker Craft Operator
New Ocean Maritime Pte Ltd was convicted in court under regulation 64(b) of the Maritime and Port Authority of Singapore (Port) Regulations and was fined a total of $81,000.
Maritime Energy Management in the Spotlight
International Maritime Organization (IMO)'s global energy efficiency rules are key to a sustainable future for shipping. This was the message from IMO Secretary…
Eimskip, RAL Order Containerships from China
Iceland’s Eimskip and Greenland’s Royal Arctic Line (RAL) have signed an agreement to share capacity, and together ordered three new ice-class containerships to be built in China. Eimskip said it has finalized contracts with China Shipbuilding Trading Company Limited and Guangzhou Wenchong Shipyard Co. Ltd. for the construction of two 2,150 TEU container vessels, and RAL also signed a contract for one vessel of the same type from the same shipyard.
New Explosion Proof LED Light Fixture
Industrial lighting company Larson Electronics has released a 70 watt explosion proof LED light fixture mounted on an adjustable beam clamp to simplify mounting on existing beams. The new EPL-LP-70W-LED-HDBC-20-EPP beam clamp mounted LED fixture is weatherproof and comes with an adjustable aluminum mount that makes it suitable for industrial applications, maintenance, cleaning and servicing duties, as well as large hazardous work areas.
Another Tug for Rimorchiatori Riuniti
Rimorchiatori Riuniti has taken delivery of a Damen ASD 2913. The new vessel – named Germania – was handed over to the Italian tug operator last week from Damen Shipyards Galati in Romania. The delivery follows Rimorchiatori Riuniti’s order for a second, identical vessel; the contract for which was also finalized at the end of December. Rimorchiatori Riuniti’s newest addition to the fleet has had some additional extras installed by Damen.
Asia Gasoline Demand Draws European Cargoes
Robust Asian gasoline demand has drawn more cargoes from Europe over the past week. At least five LR2 vessels have been fixed within the week to load 80kt cargoes of gasoline and gasoline blendstocks from NWE (mostly Mongstad) to Singapore. Gasoline from Europe typically moves to Asia on an opportunistic basis. The sharp increase in fixtures can be attributed to the recent surge in Singapore gasoline cracks.
St. Lawrence Seaway Tolls to Rise 2%
The St. Lawrence Seaway Management Corporation (SLSMC) announced a toll rate increase of 2 percent for the 2017 navigation season.
CalAmp Helps Navico Enable Wireless Connectivity
Wireless products, services and solutions provider CalAmp said its enhanced LMU-4530 telematics devicehas been chosen to support Navico’s new cloud-enabled GoFree Connected Vessel program to monitor onboard engine, sensor and navigation data. CalAmp’s device management and maintenance software platform, PULS (Provisioning/Programming, Update and Logistical System), has also been customized to support Navico’s over-the-air device management and firmware updates for vessels in port or at sea.
Protect Vessels from Marine Corrosion
For ship and vessel owners that struggle with corrosion caused by water, humidity, condensation, salt air and environmental contaminants, Force5 Marine works as corrosion inhibiter, lubricant and cleaner to protect engines and critical equipment and keep it in good working order. The harsh marine environment costs an estimated $50-80 billion in corrosion related damage worldwide, and can lead to the failure of critical equipment including engines…
Korea's Seaport Cargo Grows
The volume of cargo processed at South Korea's seaports reached a record high last year despite a global economic slump and the collapse of the country's leading shipper…
