Austal Acquires ElectraWatch
Shipbuilder Austal USA announced today it has acquired privately held ElectraWatch, Inc. in an all cash stock purchase. Headquartered in Charlottesville, Va., ElectraWatchâŠ
ABS Issues First MPD-rReady Notation
ABS announced it has awarded the worldâs first Managed Pressure Drilling (MPD) â Ready Notation to Ocean Rig for the ABS-classed Corcovado and Mykonos deep waterâŠ
Women Empowerment in Pacific Maritime
Women in maritime are a key contributor to the maritime transport sector. This was the message of Helen Buni from International Maritime Organization (IMO)'s genderâŠ
PierPass Members Add Common Business Rules
The members of the West Coast MTO Agreement (WCMTOA)âthe 12 marine terminal operators at the Ports of Los Angeles and Long Beachâhave agreed to add common businessâŠ
First Damen Fast Crew Supplier with Ampelmann Gangway
The partnership between Damen Shipyards Group and Ampelmann to extend the benefits of motion-compensated gangway systems to fast crew supply vessels has reached a major landmark.
Scorpio Tankers Ties-up for Debt Refinancing
Scorpio Tankers announced that, following from the announcement of new financing initiatives on April 25, 2018, the Company has received commitments from four leadingâŠ
Oil and Gas Industry Looks to Digitalization
New research from DNV GL, the technical advisor to the oil and gas industry, reveals that 46% of senior professionals in the sector believe there has been underinvestmentâŠ
Buckeye Partners JV Announces Marine Terminal in Texas
Buckeye Partners announced the formation of a joint venture with Phillips 66 Partners and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas.
MarTID: The Global Survey of Maritime Training Practices Debuts
The inaugural edition of the MarTID Maritime Training Insights Database (MarTID) Report sheds new light on maritime safety and training practices, what works, and what doesnât.
OSI to Deliver IBNS for the Royal Saudi Navy
OSI Maritime Systems (OSI) announced it has signed a contract with Lockheed Martin to provide its Integrated Bridge and Navigation System (IBNS) for the first fourâŠ
South Korea's April Exports Fall Unexpectedly
South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017âs brisk pace as global demand softened, adding to worries about the countryâs trade outlook amid the risk of a deepening U.S-China trade conflict.Exports fell 1.5 percent to $50.1 billion from a year earlier, marking the first decline since October 2016 when shipments fell 3.2 percent, government data showed on Tuesday.
Maersk Tankers Confirms Order for Six Newbuilds
Maersk Tankers announced a move to renew its fleet with a confirmed order for six Chinese-built LR2 product tankers for delivery from 2020.Maersk Product Tankersâ board of directors approved the order for the six LR2 newbuilds on contract with Dalian Shipyard. The deal includes an option for four additional vessels.âThe current market makes the investment attractive because it offers competitive asset prices.
L.A.T.C Marine to Install Two Ampelmann Systems
Ampelmann has secured two contracts with vessel owner L.A.T.C Marine Limited, on behalf of ExxonMobil, for the supply of two L-type gangway systems, offshore Nigeria.
MISC awards BV contract for Veristar AIM3D
Bureau Veritas (BV) has been awarded a contract by MISC Berhad (MISC) to deploy and support the VeristarAIM3D âsoftware as a solutionâ system to provide asset integrityâŠ
LR to Class Indiaâs First FSRU
Lloydâs Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LRâs Rules for the Classification of Offshore Units by South Korean shipbuilder Hyundai Heavy Industries (HHI) for SWAN LNG Pvt. Ltd. (SLPL). It will be stationed at Jafrabad port for 24h-hours-a-day operationsâŠ
Victaulic & SSI: Designing a Marriage Made in Heaven
Victaulicâs collaboration with SSIâs Autodesk ShipConstructor promises a streamlined design process, easier access to Victaulic piping specifications and proof positiveâŠ
Incat Crowther Designs Ferry for Rhode Island
A second catamaran ferry under construction at Gladding Hearn Shipbuilding in Massachusetts for Rhode Island Fast Ferry will expand on the success of the 2012-delivered Ava PearlâŠ
Vattenfall Pontoon Launched in Aberdeen
Construction of a 30-meter-long, purpose-built floating crew transfer pontoon in Aberdeen Harborâs Albert Basin has been completed by Swedish energy firm VattenfallâŠ
LNG Carrier Seri Camar Delivered to MISC
Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built forâŠ
Baltic Index Falls on Broad Retreat
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Tuesday, hurt byâŠ
