Shipownersâ Club Pact with Jumar Holdings
The Shipownersâ Club, the leading mutual P&I insurer in the smaller and specialist sector, is delighted to announce a new technology partnership with Jumar Holdings Limited.
i-Tech Services Charter Pact with MMA Offshore
i-Tech Services, a Subsea 7 company, has signed a three-year charter agreement with MMA Offshore Limited as it looks to enhance its Life-of-Field (LoF) servicesâŠ
Port of Hamburg Delegation in China
A delegation from Hamburg was in China from 14 to 18 May, visiting companies in Zhengzhou, Shanghai and Hangzhou. Organized by Port of Hamburg Marketing (HHM) inâŠ
LNG Carrier CESI Lianyungang Delivered
Mitsui O.S.K. Lines (MOL) announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping CorporationâŠ
Ports of Rotterdam, Le Havre, Piraeus Renew Environmental Standard
The European Sea Ports Organisation (ESPO) congratulates Port of Rotterdam (Netherlands), Port of Le Havre (France) and Port of Piraeus (Greece) for renewing EcoPortsââŠ
Namibia Strengthens Oil Spill Response
Namibia has hosted of a series of events addressing oil spill preparedness and response, with two back to back workshops in Swakopmund (22-24 May and 28-31 May)âŠ
MSC Seaview Comes into Service
With just a few days to go until MSC Seaview comes into service, excitement is reaching an all-time high among cruise guests, travel agent partners, port officials and the broader industry.
Methanol as an Alternative Fuel for Vessels
The Methanol Institute welcomed the findings of the Sustainable Marine Methanol (SUMMETH) project, which has backed the increased use of Methanol as a marine fuel.
Cruise Industry Beat 2017 Passenger Projections
The ocean cruise ship industry surpassed 2017 passenger projections, reaching 26.7 million cruise passengers globally up from a projection of 25.8 million, according to the Cruise Lines International Association (CLIA).For 2018, based on the new vessel launch schedule and expected regional deployment, CLIA is projecting another positive year-over-year growth for the industry with a passenger forecast of 28 million.âOnce againâŠ
GE Powers Canadaâs New Combat Ships
GE Aviationâs marine gas turbines are the ideal solution for the Royal Canadian Navyâs next generation surface combatant program, GE Marine said Thursday at the CANSEC 2018 trade exhibition.âGEâs LM2500 family of engines are used by the Royal Canadian Navy and 34 other navies worldwide, setting the benchmark for reliability. The global fleet of GE gas turbines has logged over 15 million operating hours in the marine environment and another 90 million in industrial applicationsâŠ
New Tug Joins McAllister Towing Fleet
McAllister Towing has taken delivery of Rosemary McAllister, the second in a series of four 100â x 40â, 80 metric ton bollard pull tugboats. The new vessel, the 32nd tractor tug in McAllisterâs fleet, was completed at Eastern Shipbuilding in Panama City, Fla.The Rosemary is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP4000FP units. Packed into her 100â x 40â hull is 6,770 horsepower.
Dry Bulk Shipping: No Room for Newbuilds
DemandThe improved fundamentals during 2017 are clearly seen in the freight rate levels during the first four months of 2018. Freight rates for Handysize, Supramax and Panamax went up by 25-27 percent as compared to the same period of last year. All three sectors moved from loss-making average earnings in the full year of 2017 to a profitable level in first four months of 2018.Meanwhile, capesize freight rates improved by only 5 percent as compared to the same period last yearâŠ
Mariners Who Made the Ultimate Sacrifice
Ask folks unfamiliar with the United States Merchant Marine Academy (USMMA) where itâs graduates can be found and they will likely tell you on a cargo ship plying the deep oceans, or in some exotic port on the far side of the globe. And they would be, for the most part correct. However, most donât realize that no other federal service academy offers the career options of Kings Point. Yes, many graduates become shipâs officers at seaâŠ
New US Coast Guard Commandant Takes Helm
Adm. Paul F. Zukunft was relieved as commandant of the U.S. Coast Guard by Adm. Karl Schultz during a military change-of-command ceremony held Friday at U.S. CoastâŠ
Nor-Shipping Evolution Continues
Nor-Shipping is continuing its modernizing drive with a new logo that affirms its commitment to its core maritime audience, while demonstrating a desire to open up to new business opportunities within the ocean environment. The move follows confirmation from Nor-Shipping Director Per Martin Tanggaard that the event week would be positioning itself as âyour arena for ocean solutionsâ for its next outing in 2019âŠ
US Pacific Command Renamed in Symbolic Nod to India
The U.S. military on Wednesday renamed its Pacific Command the U.S. Indo-Pacific Command, in a largely symbolic move underscoring the growing importance of India to the Pentagon, U.S. officials said.U.S. Pacific Command, which is responsible for all U.S. military activity in the greater Pacific region, has about 375,000 civilian and military personnel assigned to its area of responsibility, which includesâŠ
Petrobras CEO Parente Resigns
Petroleo Brasileiro SA's chief executive quit on Friday in a surprise move that wiped $12 billion off the state-controlled oil producer's market valuation, after Brazil's government responded to a national trucking strike by intervening in the company's fuel pricing policy.Pedro Parente, who in two years in the job had succeeded in slashing the scandal-plagued company's debt and restoring it to profitabilityâŠ
Staying Afloat with Strong Workboat Insurance
When it comes to insuring your assets, changing markets and risk variables demand better understanding of the underwriting process, as well as a long-term, stable relationship with an insurer who â like you â is in for the long run.U.S. inventor Thomas Edison once said, âThere is no substitute for hard work.â Nobody knows this better than the men and women who operate diverse and industrious workboat fleets.Ferrying commutersâŠ
Denmark Transfers ArcticWeb to Norway
Effective today, Denmark will transfer to Norway responsibility for the ArcticWeb, a web-based platform designed to improve navigational safety in the Arctic.The Norwegian Coastal Administration will take over the ownership and operation of ArcticWeb, while the Danish Maritime Authority (DMA) will continue as data-provider and advisory board member.The free-to-use ArcticWeb platform has been in operationâŠ
Environmental Regs Drive Work for Gibdock
With owners required to respond to new rules on invasive species and emissions, Gibraltar-based Gibdock reports it is seeing a stronger than expected surge in interest in ballast water management system and exhaust gas scrubber work. Richard Beards, Managing Director of the Western Medâs gateway repair facility, attributes the upturn in inquiries to the yardâs enduring advantages of location, qualityâŠ
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