Ocean Yield Acquires Four VLCC
Ocean Yield has announced that 100% owned subsidiaries of the Company have agreed to acquire four VLCC crude tankers with 15-year bareboat charters to companies…
Rotterdam Port in Container Shipping Partnership with Barge Terminal Tilburg
Barge Terminal Tilburg, Combined Cargo Terminals, Moerdijk Container Terminals and Danser Group have joined forces, agreeing to combine cargo along the route between Tilburg…
Solstad Farstad Bags New Contracts
TAQA Bratani has awarded Solstad Farstad ASA a contract for the Platform Supply Vessel PSV Far Spica (2013, PSV 08 CD Design). The contract is the duration of TAQA’s…
Salalah Port Expanding Services for 2018
The Port of Salalah completed its first ship to ship transfer operation (STST) at Salalah anchorage recently as part of the port’s expanding service offering in 2018.
Encik Rezza Resigns as ED of Bumi Armada Berhad
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan…
New Program Makes it Easier to Ship Cars at Port Everglades
Crowley Maritime has helped launch a pilot Vehicle Validation Export Process Program that now allows shippers to submit original vehicle export documentation electronically…
Aker Solutions Signs Agreement with Petrobras
Norwegian oilfield services company Aker Solutions has won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil.
Containerships, Viasea Join Forces on New Route
Shortsea vessel operators Containerships and Viasea Shipping have partnered up on a new route to Norway. This partnership will enable the two shipping companies to offer…
Piracy, Armed Robbery in Asia Drop in January: ReCAAP
A total of seven incidents of piracy and armed robbery against ships were reported in Asia - five actual incidents and two attempted incidents - in January 2018…
Western Bulk Eyes Strong Performance in 2018
Norway's dry bulk shipping company Western Bulk made a profit in 2017, due especially to a strong finish to the year. This means that the carrier is again profitable…
Hyundai Merchant Marine Forms Consortium with MSC, Hapag-Lloyd and ONE
Hyundai Merchant Marine (HMM) announced that it has established a consortium with global liners, MSC, Hapag-Lloyd, and ONE to launch joint services between Asia and west coast of South America.
India Develops 14 Economic Zones for Port-led Industrialization
For promoting port-led industrialization, 14 Coastal Economic Zones (CEZs) covering all the Maritime States and Union Territories have been identified as part of…
Aker Enters Offshore Floating Wind Market
Norwegian oil and gas specialist Aker Solutions has invested in floating wind power technology company Principle Power, with the aim to brings its offshore oil and…
Kvaerner Bags Two Contracts for Disposal of Platforms
Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this…
Tropical Cyclone Delays Salvage Efforts in American Samoa
Efforts to salvage a grounded fishing vessel in American Samoa were put on hold Friday as an intensifying tropical cyclone moves in on the island. Hazardous weather conditions including heavy seas, winds and downpoor from Tropical Cyclone Gita have stalled plans to salvage the 88-foot fishing vessel Chu Zai Fa No. 1 that ran aground in Leone Bay about 300-yards southwest of Tutuila. The U.S. Coast…
Ships Queue as Truck Strike Slows Argentina Grain Exports
Some 93 cargo ships were waiting to load soy and corn from Argentina's main exporting hub of Rosario on Friday, more than a week into a truck owners strike, the spokesman for an industry group said. That was up from just over 60 on Thursday, said Andres Alcarez, spokesman for export company chamber CIARA-CEC. Truck owners went on strike last week in a bid to force the adoption of mandatory minimum grains hauling rates.
New Project Aims to Drive Investment in Fuel Efficient Technologies
The U.K.’s Energy Technologies Institute (ETI) has commissioned a £1.8 million ($2.5 million) project that aims to assist financiers to understand and quantify the benefits in investing in fuel efficient technologies for existing and future vessels. The Vessel Technology Assessment System (VTAS) project, which will develop a practical approach to predict the benefit of a range of carbon abatement/fuel efficiency technologies on marine vessels over real-world usage cycles…
Metal Shark Introduces New Line of Passenger Vessels
At the same time, Metal Shark also announces reduced lead times for newbuild vessels. Louisiana-based shipbuilder Metal Shark has partnered with design firm Incat…
Tech File: New Cylinder Pressure Sensor Helps Optimize Large Engines
The shipping sector is constantly striving to optimize the efficiency of large engines. This endeavor calls for new approaches and innovative products. Each percentage point of efficiency gained here has an immense impact on fuel consumption and emissions. Kistler responds to the trend toward higher cylinder pressures in engines (up to 300 bar) with its rugged, accurate and durable measurement systems.
Cummins Unveils New EPA Tier 3 Marine Generator
Cummins Inc. has expanded the power range of its U.S. Environmental Protection Agency (EPA) Tier 3 certified marine generator product line. Cummins will now feature a new Onan Marine QD series generator with a power range of 40 kWe to 65 kWe, offering customers reduced emissions with the quietest operation in the industry, according to the manufacturer. The series’ expanded power range was announced during the Miami International Boat Show…