Milaha Eyes Global Expansion
Qatar Navigation (Milaha) is planning to expand operations and capabilities in Qatar and overseas as part of its long term plan to improve efficiency and profitability.
Sir Michael Bibby New President of UK Chamber of Shipping
Sir Michael Bibby was elected President of the UK Chamber of Shipping at the organisation’s Annual General Meeting in London. He becomes the Chamber’s 132nd president in its 140th year.
PSA International Profit Jumps by 5.1% for 2017
Port and terminal operator PSA International posted a 5.1 per cent jump in net profit to S$1.23 billion for the year ended 31 December 2017 on higher revenue and…
Sovcomflot Better, Despite Challenging Year
PAO Sovcomflot (SCF Group), one of the world leaders in energy shipping and marine services to offshore oil and gas upstream projects, said that its gross revenue…
ClassNK Releases Guidelines for Direct Load Analysis and Strength Assessment
Leading classification society ClassNK has released its Guidelines for Direct Load Analysis and Strength Assessment of hull structure. These guidelines incorporate…
Huntington Ingalls Promotes Two Vice Presidents
America’s largest military shipbuilding company announced that Jeanne Callahan has been named corporate vice president, internal audit, and that David “Chip” Wasson…
Maritime Security Cooperation for Nigeria
Cooperation amongst various government agencies can be key to achieving maximum maritime security enforcement. This was the theme running through the latest national…
Duluth-Superior Shipping Season To Open Today
The anticipated departure of six vessels this week signals a strong start to the 2018 commercial shipping season for the Port of Duluth-Superior and the entire region.
Bharat Mumbai Container Terminals Enhances Connectivity
Bharat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for JNPT (Jawaharlal Nehru Port Trust) users…
Fairbanks Morse, MAN D&T: $33.5M for MSC Power
Fairbanks Morse LLC, Beloit, Wisconsin (N3220518D4901); and MAN Diesel and Turbo Middle East LLC, Dubai, United Arab Emirates (N3220518D4902), are being awarded a combined cumulative $33…
US Navy Asks Huntington Ingalls for Pricing on Two Aircraft Carriers
The U.S. Navy asked shipbuilder Huntington Ingalls Industries on Monday for detailed pricing on the cost of two aircraft carriers, showing the Trump administration is taking a serious look at doubling its order for the most expensive ship in the U.S. fleet. The Navy’s request seeks to determine the savings achievable with a two-ship buy. “This opportunity for a two-ship contract is dependent on significant savings that the shipbuilding industry and government must demonstrate…
San Francisco Orders a New Fire Boat
California boat builder Moose Boats said it was awarded a contract from the San Francisco Fire Department for the construction of a M2-38 Catamaran CBRN, Dive and Fire Rescue vessel to enter service in the third quarter of 2018. The aluminum catamaran, which is 75 percent funded by FEMA’s FY2015 Port Security Grant Program, will be powered by twin Cummins QSB6.7 425hp turbo diesel propulsion engines with Hamilton HJ292 waterjets.
The US Government Must Fund Icebreakers Now
Congress last funded the purchase of polar icebreakers for the U.S. Coast Guard in the early 1970s. The USCCG Polar Star (WAGB-10) was commissioned in 1976, followed by the USCGC Polar Sea (WAGB-11) in 1977. Polar Sea has been out of service since 2010 due to a major engine failure. Polar Star was ‘in commission, special’ status from 2008 through 2012 while undergoing a service life extension. It is currently the only active heavy polar icebreaker in the U.S. fleet.
Trump Proposes Boost to Maritime Infrastructure Investment
On February 12, President Trump released his highly anticipated infrastructure proposal, a “Legislative Outline for Rebuilding Infrastructure in America.” Unlike prior federal infrastructure development strategies, which rarely discussed the need for maritime infrastructure investment, the proposal places maritime infrastructure on equal footing with other surface transportation modes in terms of potential funding opportunities.
YANMAR Cruises Into Alaska with Power to Spare
YANMAR only recently arrived in the Pacific Northwest with its mechanical 6AYAM-ET diesel engine. It looks like they are here to stay. In November of last year,…
Brazil Set to Auction Seven More Port Licenses
Brazil will announce on Monday that it will auction seven additional port operating licenses as part of its privatization efforts, a government source told Reuters on Monday. The licenses relate to port terminals in the northeastern states of Paraíba and Pernambuco as well as in the state of São Paulo in southeast Brazil, the source said, requesting anonymity because the auctions have not yet been made public.
Baltic Index Falls on Capesize Weakness
The Baltic Exchange's main sea freight index fell for the sixth straight session on Monday, pressured by a dip in capesize rates to the lowest in nearly eight months. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels that ferry dry bulk commodities, dipped 7 points or 0.61 percent to 1,136 points, its lowest since Feb. 20. The capesize index fell 32 points or 2.66 percent to 1,171 points, its lowest level since end-July.
I-Tech AB Signs Deal For Largest Ever Selektope Order
I-Tech AB, the Swedish developer of the bio-repellent antifouling ingredient Selektope, has signed a supply agreement with a Japanese paint manufacturer representing the largest ever single order of the technology to-date. The large volume order was placed by Japanese paint manufacturer Chugoku Marine Paints (CMP) as part of a long-term supply agreement between I-Tech and CMP to support the growth of CMP’s Selektope-containing antifouling product portfolio.
MN100 2018 Application is Online and Open
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and service providers. This year's MN100 edition application portal is live and open. Participation is free, but to be considered you must apply at http://mn100.maritimemagazine.com/. The deadline is July 5.
CEMEX UK Orders Dredger Newbuild
CEMEX UK has signed a contract with Damen Shipyards Group to build the first in a new generation of Marine Aggregate Dredgers, the owner’s first newly commissioned dredger in 20 years. Steel cutting will take place later this year, and the vessel is expected to be delivered at the end of 2019 from Damen Shipyards Galati, in Romania. The vessel has been designed to maintain operations in North Sea conditions, with capability to extract sand and gravel from the sea bed at depths up to 55m.
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