Navig8 Acquires Seventh LR2 from Guangzhou Shipyard
Navig8 Product Tankers Inc. today announced that it has taken delivery of the Navig8 Gladiator, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (“GSI”)…
Hill Dickinson to operate as single entity in Hong Kong
International law firm Hill Dickinson has announced that its application to operate as a single entity in Hong Kong has been approved by the Law Society of Hong…
Change of CEO, Chairman of Viking
As previously communicated, The Board of Directors of Viking Supply Ships AB in December 2016 appointed Mr. Trond Myklebust as Chief Executive Officer (CEO). Mr.
On-demand Water Taxi for Sydney's Bay Precinct
A pair of newly launched 12m ferries, Cockle Bay and Blackwattle Bay, are the first vessels in a new class of small low impact ferries that respond to a need for…
MASS continues to support Maritime Anti-piracy Operations
The European Council has extended the mandate for European Union Naval Force Somalia (EU NAVFOR) - Operation ATALANTA - until 31 December 2018, which means Cohort…
Armada Ship Sailing for Australian Waters
On a frosty and unseasonably sunny Galician morning, the crew of Spanish Armada ship F-105 ESPS Cristóbal Colón, embarked with a detachment of five Royal Australian Navy personnel…
EU Council Adopts Port Reform
On 23 January, the Council of Ministers adopted the Port Regulation, which concludes the procedure at first reading. The European Parliament voted on 14 December 2016.
Teekay LNG Completes Norwegian Bond Issuance
Teekay LNG Partners has successfully issued NOK 300 million (USD 35 million) in new senior unsecured bonds through an add-on to its existing Norwegian bonds due in October 2021.
Star Bulk Carriers Raises $51.5mln
Star Bulk Carriers Corp announced the execution of agreements with affiliates of Oaktree Capital Management, L.P. and Senator Investment Group LP to sell Oaktree and Senator an aggregate of 6…
Dynagas LNG Declares Cash Distribution
Dynagas LNG Partners LP, an owner and operator of LNG carriers, has announced that its Board of Directors has declared a cash distribution of $0.5625 per unit on…
Regulating Polar Shipping
International Maritime Organization (IMO) Secretary-General Kitack Lim today (23 January) spoke to delegates at the Arctic Frontiers conference about new regulations…
Danelec ECDIS Products Receive Type Approval
DNV GL has awarded a type approval certificate with EU Wheelmark for Danelec Marine DM700 and DM800 G2 ECDIS models. The type approval signifies that the products…
RSC Bio Solutions Expands
RSC Bio Solutions recently announced the addition of several key team members in the business development and sales departments in a continuing drive to support its growing client base. The company also announced a new market-oriented organizational structure with two focused teams around the marine and land markets. “Deeper segment experience and knowledge will support our growth objectives and our…
South Carolina Container Volumes Climb 5%
South Carolina Ports Authority reported a 5.4 percent increase in 20-foot equivalent unit (TEU) volume fiscal year to date, with 1,029,450 TEUs handled since the period began in July.
US Aims to Prevent China from Taking Territory in International Waters
The new U.S. "I think the U.S. is going to make sure that we protect our interests there," White House spokesman Sean Spicer told a news briefing. Spicer was responding to a question as to whether Trump agreed with comments by his Secretary of State nominee, Rex Tillerson, on Jan. 11 that China should not be allowed access to islands it has built in the contested South China Sea. Tillerson's remarks…
Shipowner OSG, Former CFO, Charged over Tax Evasion
The U.S. Securities and Exchange Commission said it charged on Monday shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer…
New Towboat Delivered to Lorris G. Towing
M/V Cole Guidry, the newly designed Bollinger inland towboat, was delivered to owner Lorris G. Towing on December 16, 2016. The M/V Cole Guidry, designed and built by Bollinger Shipyards, is a 2,000 HP inland towboat measuring 80 feet by 36 feet with a 10-foot draft. The vessel is powered by three Caterpillar C18 Tier 3 engines rated at 670 HP each, supplied by Louisiana Machinery. The reduction gears are Twin Disc Model MGX517ODC with a ratio of 6:1.
Genting Dream to Homeport in Singapore
Asian luxury cruise line Dream Cruises said it will homeport its inaugural vessel, Genting Dream, year-round in Singapore from December 3, 2017. Christened in November 2017, Genting Dream currently sails from Hong Kong or Guangzhou. With the move, the 151,300-metric-ton cruise ship will tap new markets, calling at more than 10 ports in Singapore, Malaysia, Indonesia, Thailand and Vietnam. Significant…
Japan's Orix Looking for More European Shipping Debt
Japanese financial services firm Orix Corp said it was looking to buy more shipping loans in Europe after confirming on Monday that it would purchase $289 million…
New ABS Guide for LNG Bunkering
New Guide provides standards for growing LNG bunkering vessel sector. ABS, a provider of classification and technical services to the marine and offshore industries…
