Pacific Basin Acquires Four Vessels
Hong Kong-based dry bulker company Pacific Basin Shipping has decided to acquire four bulkers with 50% equity funding. "On May 14, 2018, PB Vessels Holding Limited…
RadiantFleet Pact with River Advice AG
RadiantFleet announced closing an agreement with River Advice AG. The agreement includes the use of RadiantFleet platform (Software as a Service) for Crew and Payroll Management.
Gunvor to Lease Exmar FSRU
Gunvor will lease the floating storage and regasification unit (FSRU) for ten years from the Belgian gas tanker company Exmar. "Exmar is pleased to announce that…
Offshore Wind Market in Aberdeen
The sight of offshore wind turbines off the coast of Aberdeen symbolises a change in direction for the city, its energy mix and its offshore industry, says a press release by UK Chamber of Shipping.
Monaco Accedes IMO Emissions Treaty
Monaco has acceded to the International Maritime Organization (IMO) treaty covering emissions from ship exhausts and energy efficiency (MARPOL Annex VI). The instrument…
Vietnam Opens Haiphong International Container Terminal
Mitsui O.S.K. Lines has announced that its joint venture company Haiphong International Container Terminal held an opening ceremony for the new Haiphong International…
Pollution Contingency Plan by Cyprus, Greece and Israel
The latest sub-regional contingency plan to deal with any oil pollution incident in the Mediterranean Sea has been signed, following support from the International…
Hapag-Lloyd CEO Says Market Is Still Challenging
Hapag-Lloyd has completed the first quarter 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 219.4 million, which is an increase…
Silversea Orders Another Ship at Fincantieri
Monaco based cruise line Silversea Cruises has ordered another new ship from Italian shipbuilder Fincantieri, with delivery scheduled for the fourth quarter of 2021.The $382 million contract for the construction of luxury cruise ship Silver Dawn follows Silversea's September 2017 order for sistership Silver Moon to be delivered from Fincantieri in 2020.The newbuilds will be the second and third vessels in the Muse-class series.
Vigor Bags Additional US Navy Repair Job
The U.S. Navy has awarded a $42.2 million contract to Vigor for repairs and changes to the guided-missile destroyer USS Sampson (DDG 102).Work on the USS Sampson will be done in Seattle and Everett and may include blasting, painting and surface preparation, as well as work on the ship's freeboard, struts, rudders, hull, electric infrastructure and other parts, Vigor said.The $42.2 million dollar award to perform the work is on top of the $35 million firm-fixed-price…
Navico Names Rae Manager for Canada
Marine electronics manufacturer Navico has appointed Steve Rae to the position of Country Manager for Canada.Based in Vancouver Island, B.C., Rae will be responsible for sales, service and support for the company’s three marine electronics brands, Lowrance, Simrad and B&G. In addition, he will oversee a new Edmonton-based Navico service center that will open on May 30.Rae has been involved with Navico brands since 1988, managing Canadian sales and service for Lowrance.
Europe’s First LNG Dredger Conversion Underway
Work has kicked off at Damen Shiprepair Dunkerque to convert the trailing suction hopper dredger (TSHD) Samuel de Champlain from diesel-electric propulsion to dual-fuel capability combining marine gas oil (MGO) and liquefied natural gas (LNG). A ceremony was held at the yard to mark the first cutting of steel for the prefabrication of a new section of hull that will hold the new generators and other equipment.Present at the occasion were Jean-Pierre Guellec…
Statoil Name Change Expected in May
Statoil ASA will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA, at the company's annual general meeting on May 15.The company said in March it intends to change its name to reflect its move to become a broad energy company.The company expects to implement the name change from (and including) May 16, 2018. This entails that May 15, 2018 is expected to be the last day of trading on Oslo Børs under the ticker “STL”.
Rickey Named Senior Manager at Honda Marine
Michael E. Rickey was named Senior Manager, Honda Marine, effective April 1, 2018.In this capacity he oversees total sales, operations and application engineering activities for the U.S. region, working to increase volume through the execution of competitive pricing; sales channel expansion; strategic advertising and promotional campaigns; and enhanced communications with OEM and dealer channels.Before his current role…
Angelicoussis Shipping to Retrofit BWTS on 36 Ships
U.S.-based ballast water treatment system (BWTS) manufacturer Ecochlor, Inc. said it has been awarded a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Installations are expected to take place between 2018 and 2020 in Singapore, Dubai, Qatar and China.Ecochlor CEO Steve Candito remarked, “Having both IMO and USCG Type Approval were very important factors in the selection process by ASGL.
Ailing Tanker Crewmember Medevaced
The U.S. Coast Guard medevaced a 59-year-old crew member from an asphalt/bitumen tanker near Dauphin Island, Ala., Sunday.Coast Guard watchstanders in Mobile, Ala.
Partners Look to Tackle Risks of Autonomous Shipping
As industry efforts to make autonomous shipping a reality continue, Rolls-Royce and AXA Corporate Solutions have signed a letter of intent (LOI) to explore ways in which they can bring a new risk management offering to the marine market.The companies say they seek to utilize Rolls-Royce Ship Intelligence systems and equipment and AXA’s risk analytics capabilities to support current sailing and future…
Tough Recovery Ahead for Some Box Trades; More Uncertainty in Others
Drewry says that recovering demand recovery in the North America-East Coast South America box trades provides encouragement, but local political conditions bear watching.
Israeli Seaports Reopen as Workers End Strike
Israeli dockworkers on Sunday ended a three-day strike that had shut down the country's two main seaports after a court ordered them back to work.Officials at the Mediterranean ports of Ashdod and Haifa said operations had resumed and that cargo ships were once again being unloaded.The workers had protested against the creation of competing foreign-run docks.The government, frustrated by labour disputes that have disrupted Israel’s trade arteries for years, gave the green light in 2013 to build
Total to Set Up LNG Bunkering Hub in Oman
French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country."Total and…
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