New 3D Virtual Application for K-Sim Cargo Simulator
Kongsberg Digital has launched a new 3D virtual application for its state-of-the-art K-Sim Cargo simulator. The system generates high-fidelity visualization for operational training on important areas of the cargo deck, enabling training centers equipped with K-Sim Cargo to deliver even more value to their customers while meeting the industry need to secure the safety and efficiency of cargo transfer operations.
Stena Line’s New RoPax Vessels Taking Shape
On Friday, February 2, 2018, an official keel-laying ceremony took place at the AVIC Weihai Shipyard in China, marking the start of the construction phase of the hull and the exterior parts of the vessel. The new vessels, which Stena said will be 50 percent larger than today’s standard RoPax vessels, have a planned delivery timetable during 2019 and 2020. According to Niclas Mårtensson, CEO Stena Line…
MAN, Hyundai to Develop LPG Dual-fuel Engines
MAN Diesel & Turbo said it has signed a memorandum of understanding (MoU) with Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) for the development and production of MAN B&W ME-LGIP dual-fuel engines. Upon completion, HHI-EMD will be able to deliver liquefied petroleum gas (LPG) fuelled, two-stroke-propulsion engines. With the MoU, LPG joins the list of liquid, environmentally-friendly fuels that can power MAN Diesel & Turbo’s portfolio of two-stroke…
Baltic Index Falls to Six-month Low
The Baltic Exchange's main sea freight index slipped to its lowest level in nearly six months on Monday, weighed down by falling rates in all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 13 points, or 1.19 percent, to close at 1,082 points. That was the lowest level since Aug. 9 last year. The capesize index fell 37 points, or 2.52 percent, to finish at 1,433 points - its lowest in more than six months.
Zeaborn Takes Over E.R. Schiffahrt
Hamburg entrepreneur Erck Rickmers has sold his ship management and ship brokerage activities. Effective January 1, 2018, Bremen-based Zeaborn Group acquired all shares in E.R. Schiffahrt GmbH & Cie. KG and shipbroker Harper Petersen & Co. With the takeover, Zeaborn’s shipping fleet under commercial and technical management has been expanded by 61 container vessels and 20 bulk carriers to more than 165 vessels.
Oil Tanker with 22 Crew Missing in Gulf of Guinea
A ship carrying 22 Indian crew and 13,500 tons of gasoline is missing in the Gulf of Guinea after contact was lost in Benin on Friday, the company and India's minister…
Kirby To Buy Higman Marine
Kirby Corporation announced the signing of a definitive agreement to acquire Higman Marine, Inc. and its affiliated companies (“Higman”), for approximately $419 million in cash…
Remotely Operated Fireboat Under Development
Robert Allan Ltd. and Kongsberg Maritime announced a collaboration to develop a new remotely-operated fireboat that will allow first responders to attack dangerous port fires more aggressively and safer than ever before. The un-crewed RALamander fireboat will offer in-close firefighting and ‘eye in the fire’ capability that keeps marine firefighting professionals out of harm's way. Fires involving containers…
Next-wave LNG Terminals get Smaller, More Flexible
The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. The booming sector's next-generation infrastructure…
SSY Atlantic Capesize Index Gain by 487 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 487 points in the week ending Monday to 6,338. "The SSY Atlantic Capesize Index softened…
Singapore Arrests Former Keppel Execs in Brazil Bribery Case
A number of former executives of Keppel Corp have been arrested by Singaporean authorities in a probe related to charges its rig-building unit bribed Brazilian officials…
Fincantieri Launches FREMM Frigate ITS Antonio Marceglia
Italian shipbuilder, Fincantieri has launched the FREMM Frigate, ITS Antonio Marceglia for the Italian Navy, during a ceremony at the integrated shipyard of Riva Trigoso in Genoa.
Statoil Contracts West Hercules Rig
The West Hercules semi-submersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells.
Noble Group deals to sell four ships fall apart
The commodity trader Noble Group says proposed agreements to sell four dry bulk carrier vessels fell through after the buyers failed to get approval from their boards, reports Strait Times.
Döhle, Costamare JV ‘Blue Net Chartering’ Operational
Germany's Peter Döhle and Greece's Costamare are merging operations of their container ships in a new joint venture (JV) named dubbed Blue Net Chartering headquartered in Hamburg.
Dominion Starts Cove Point LNG Production
Dominion Energy Cove Point (DECP) has begun producing liquefied natural gas with its newly constructed natural gas liquefaction facility undergoing commissioning in Lusby, MD.
NileDutch Implements Transmetrics Predictive Optimisation Software
In order to streamline our empty container flows and increase efficiency, NileDutch has started working with Transmetrics of Bulgaria, a tech startup that provides predictive logistics solutions.
Fincantieri Buys 50% STX France
The Italian shipbuilder Fincantieri signed Friday an agreement to buy 50% of the share capital of France's STX Shipyard, for 59.7 million euros. This takeover is…
GC Rieber Bags 3 Year TC for Polar Onyx
Norwegian offshore shipowner GC Rieber Shipping has entered into a time charter agreement with Deepocean BV for the SURF vessel Polar Onyx for a fixed period of…
Hamburg Port Authority Tests 5G with Deutsche Telekom, Nokia
Hamburg Port Authority has joined forces with Deutsche Telekom and Nokia to test 5G applications at the Port of Hamburg. "Testing of 5G is to commence in an industrial…
