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…
Homeland Signs for Sixth Damen Patrol Vessel
Nigerian-based Homeland Integrated Offshore Services has signed a contract with Damen Shipyards Group for another Damen 3307 Patrol Vessel. The vessel marks another collaboration between the companies, who have been in cooperation since Damen delivered Homeland’s first 3307 Patrol Vessel in 2014.The vessel named, Guardian 6, will join its sister vessels in the Gulf of Guinea providing security services to oil majors operating in the region.
PPG, DNV GL Partner on Hull Performance
Protective and marine coatings manufacturer PPG said it has signed a collaboration agreement with classification society DNV GL focused on operational data analysis using DNV GL’s next-generation hull analysis methodologies.The two companies, which together will look to tackle the challenge of poor hull and propeller performance, will collect data and apply DNV GL’s methodologies to contribute to help…
Baltic Index Up for Sixth Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains.
TechnipFMC Awarded Pluto Contract
TechnipFMC said it has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.The contract includes the engineering…
GAC Greece Joins Green Award Foundation
GAC Greece has become the latest GAC company to sign up to the Green Award (GA) Foundation’s scheme, underlining its commitment to environmental issues. Under the scheme…
Panama Maritime Authority Authorises Verifavia
Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), announced that it has become the first independent…
European Shipowners on Greenhouse Gas Emissions
The European shipowners together with MEP Wim Van de Camp yesterday organised a seminar in the European Parliament to discuss the International Maritime Organization…
Inmarsat Offers Unique Maritime IoT Insights
Original research commissioned by Inmarsat suggests that the maritime industry is more amenable to adopting analytic, management and operational tools applied through…
Kitack Lim Calls for Safe Ship Navigation
International Maritime Organization (IMO) Secretary-General Kitack Lim has highlighted the important link between safe ship navigation and sustainability. Speaking…
