Adriatic LNG Receives 600th Cargo
Adriatic LNG, the company which operates the regasification terminal located off the Veneto coastline, announces the arrival of the 600th carrier, the Al Jassasiya.
Gazprom Extends Gas Contract with Austria’s OMV
Russian gas firm Gazprom has signed a new deal to extend the existing gas supply contract with Austria’s OMV until 2040. Under the existing contract between Gazprom…
DFDS Completes Acquisition of U.N. Ro-Ro
Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong…
Uruguay Conducts Maritime Security Drills
Drills and exercises to test maritime security knowledge and update skills are under way during a national workshop in Montevideo, Uruguay (5 to 8 June). The National…
Call for Development of Holistic Corridor in Baltic
Development of transport corridors ensures smart and innovative cross-border transport and logistics services on the core transport network of the Baltic Sea Region.
“K” Line Group Holds Environmental Awards 2018 Ceremony
Kawasaki Kisen Kaisha (“K” Line), one of the largest Japanese transportation companies, held the Award Ceremony for “K” Line Group Environmental Awards 2018 on June 5, 2018.
Chairman of IACS Commends Association’s Achievements
Knut Ørbeck-Nilssen, who will hand over the reins of International Association of Classification Societies (IACS) in July, examined how the association had evolved during his time as Chairman…
Day of the Seafarer Campaign Focuses on Wellbeing
Seafarers' rights to be treated fairly and enjoy quality of life at sea is the focus this year's Day of the Seafarer campaign, under the theme: Seafarer's wellbeing.
Bollinger Delivers 29th Fast Response Cutter
Bollinger Shipyards has delivered the 29th Fast Response Cutter (FRC), USCGC Forrest Rednour, to the U.S. Coast Guard, Thursday in Key West, Fla.“The vessel’s commissioning is scheduled for November, 2018 in southern California. This will be the first of four FRCs to be stationed in San Pedro, Calif.,” said Ben Bordelon, Bollinger President & CEO. “Previous cutters have been stationed around the nation…
Carnival Scoops Up Port, Rail and Retail Operations in Alaska
A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company, announced Thursday it has entered a purchase and sale agreement through its subsidiary Holland America Princess Alaska Tours to acquire TWC Enterprises Limited’s White Pass & Yukon Route (WP&YR) division…
PDVSA Completes Oil Transfer to Ease Tanker Bottleneck
Venezuelan state-run oil company PDVSA has completed its first ship-to-ship (STS) transfer designed to ease a severe bottleneck of tankers around its main crude ports…
Thyssenkrupp Mulls Sale of Naval Vessels Business
German conglomerate Thyssenkrupp is examining a full or partial exit from its naval vessels business, which is part of the group's Marine Systems unit, a person familiar with the matter said.The news was first reported by German newspaper Handelsblatt, which said the company was in talks with competitors that could result in a complete or partial sale of the activities, adding they would be wound down if no agreement would be reached.The paper said the group was also mulling an exit from its sub
ClassNK Publishes New Gas Carrier Guidelines
Classification society ClassNK has released its Guidelines for Liquefied Gas Carrier Structures – Independent Prismatic Tanks.The guidelines, which are available to download for free from ClassNK’s website, specify the technical requirements specifically related to the structural strength assessments of liquefied gas carriers by using direct calculation.The two components of the guidelines include the Guidelines for Direct Strength Analysis…
Twin Disc Celebrates 100 Years
Marine power transmission and propulsion technology company Twin Disc is celebrating its 100th anniversary with a wide range of local, national and international events that kicked off in May and run throughout the year.Twin Disc began in Racine, Wisc., in 1918 with P.H. Batten's introduction of the twin disc farm tractor clutch. In the 1930s, the company entered the marine market, manufacturing countershaft reduction gears with 100 percent reverse power.
Stena Line Looks to Cut Fuel Consumption Using AI
Stena Line has partnered with Hitachi’s European subsidiary to implement onboard artificial intelligence (AI) technologies engineered to minimize the shipping company’s fuel consumption costs and environmental impact.In recent years, Stena Line has embarked on a number of projects to reduce its environmental footprint, including launching the world's first methanol-powered ferry and connecting its ships to shore power when in port.
Containership Crewman Rescued after Falling Overboard
A missing containership crew member was rescued from the sea Wednesday, roughly 5 miles east of Port Everglades, Fla.After the 456-foot Liberian-flagged containship Vega Sagittarius moored in Port Everglades at approximately 6:40 a.m., they notified U.S. Coast Guard Sector Miami watchstanders of a missing crew member last seen at approximately 5:30 a.m.The watchstanders issued an urgent marine information broadcast…
London P&I Club Reports Increased Free Reserves
The London P&I Club has issued an advance summary of its result for the 2017/2018 financial year, ahead of the publication of its annual report.The club recorded an overall surplus after tax of $6.6 million, increasing the free reserve to $194.6 million. The combined ratio was 118.7 percent. In the year to 20 February 2018, there was an investment return on the club’s portfolio of 5.5 percent, or $18.9 million…
Cruise Ship Viking Orion Delivered
Italian shipbuilder Fincantieri has delivered the fifth cruise ship in a series of oceangoing newbuilds for ship owner Viking Cruises. The new vessel, Viking Orion, was delivered today from the builder’s shipyard in Ancona.Viking Orion, as its four preceding sister ships, fits into the small cruise ship segment, with a gross tonnage of about 47,800 tons. It has 465 cabins with accommodation for 930 passengers.Viking's ocean ships are all equipped high-efficiency engines…
Coal Soars on Rising Demand from Asia
Coal prices in Asia are being driven to multi-year highs by a rare combination of simultaneous demand growth in the region's top four importers.Depending on the price used, thermal coal is either close to a two-year high or near the strongest in six years as China, India, Japan and South Korea imported more of the polluting fuel in the first five months of this year compared to the same period in 2017.The Australian thermal coal benchmark…
Inmarsat Signs MOU with Hellenic Space Agency
Satellite communications provider Inmarsat has signed a memorandum of understanding (MOU) with the Hellenic Space Agency (HSA) to allow greater collaboration on research and potential technology development.The agreement, which will include a focus on satellite projects related to the Internet of Things (IoT) and the maritime sector, was signed this week at the international shipping event Posidonia 2018 in Athens by Inmarsat’s Maritime President Ronald Spithout and Christodoulos Protopapas…
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