Finnish Defense Forces Upgrade Naval Sonars
Kongsberg Maritime said it has been awarded a contract by Finnish Defense Forces (FDF) to deliver ST2400 VDS (Variable Depth Sonar) upgrades to the SQ2000MLU program for the Hamina-Class Corvettes fleet.The ST2400 VDS is designed to provide accurate and highly reliable performance for detecting submarines, mines and Unmanned Underwater Vehicles in Littoral waters. The ST2400 VDS upgrade will enable…
ABS Takes a New Approach to Cyber Risk
New approach applies data-driven decisions to produce actionable insight into cyber risksABS announced it has developed a new methodology to measure cyber security risk associated with operational technology, providing marine and offshore clients a calculated risk index for vessels, fleets and facilities. The index quantifies cyber security risk and gives owners and operators an actionable strategy to reduce cyber risk on board a vessel.Until now…
ABB Ability Lands Deal for Nine Heavy Lift Vessels
ABB Ability Marine Advisory System – OCTOPUS marine software will map the safest and most efficient routes for a fleet of heavy lift vessels servicing the expansion of a giant oil field in Kazakhstan.ABB has secured a series of contracts for nine heavy lift vessels transporting modules for the Tengiz oil field expansion by Tengizchevroil (TCO). OCTOPUS will enhance the safety and efficiency of the…
Phoenix Petroleum, CNOOC Partner for LNG Terminal
Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.The Philippines is seeking investors to build a storage and distribution facility for imported LNG as it moves to replace its Malampaya gas reserves, expected to be depleted by 2024.Phoenix Petroleum…
Bureau Veritas Issues Range of Approvals to GTT
Bureau Veritas has issued a broad swathe of approvals to GTT, expert in membrane containment systems and liquefied natural gas (LNG) technology applications.Bureau Veritas experts have been working with GTT to approve two new containment systems: the Mark III Flex+, an evolution of the Mark III but with a lower boil-off rate (BOR), and the GTT MARS, a containment system developed for LPG carriers that is adaptable to any size of tank or ship.Approval in Principle (AiP) has been provided for a 6…
Norsafe Bags Patrol Boats Order
Norsafe announced it has recently secured an order from Papastratos Tobacco Company S.A., an affiliate of Philip Morris International in Greece, for the construction of five high speed patrol boats…
ZIM Announces Senior Management Changes
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.Teitelbaum will join the company after working for Colmobil Corporation…
Mexico Slaps Tariffs on US Steel, Agricultural Products
Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products and on some agricultural goods, the Mexican economy ministry said on Tuesday, after pledging to retaliate against U.S. President Donald Trump's metals tariffs.The ministry published a list of new tariffs in the government's official gazette, which included a 20 percent tariff on U.S.
China Busts Gangs Smuggling Scrap Steel
Customs in China's southeastern Fujian province broke up five gangs smuggling scrap steel in a late-night operation on Monday, the official Xinhua news agency reported.A total of 28 criminal suspects were held in Xiamen, Quanzhou and other cities in the coordinated operation, in which 3,237 tonnes of scrap steel was seized.The gangs had been buying the scrap in China, the world's biggest steel producer, since 2017 and sending it to Southeast Asian countries, Xinhua said.Amount of scrap smuggled
Vietnam to Resume Importing Wheat from Ukraine
Vietnam's government has approved a decision to resume imports of Ukrainian wheat after about a two-year pause, Ukrainian grain traders union UZA said on Tuesday.Vietnam suspended purchases of Ukrainian wheat in 2015 after it found weevils in grain parcels delivered with fake phytosanitary certificates."The decision has been made to resume imports of Ukrainian wheat and to carry out strict phytosanitary control during the importation of grain from Ukraine," UZA said in a statement.Ukraine is amo
Kalmar Upgrades Bristol Port's STS Crane
Kalmar, part of Cargotec, has signed a contract with The Bristol Port Company to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes.The…
Baltic Index Climbs for Fourth Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Tuesday for the fourth straight session as rates across vessel segments rose.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 56 points, or 4.7 percent, to 1,249 points, its highest in over two weeks.The capesize index, which was also up for the fourth straight session, gained 123 points, or 7.2 percent, to 1,835 points.Average daily e
Tanker Refloated in St. Lawrence Seaway
A 17,000 dwt product tanker that ran aground in the St. Lawrence Seaway last week has been refloated and pulled free from the edge of the waterway.The Marshall Islands…
VLCC Tedorigawa Delivered to K Line
Japanese shipping major Kawasaki Kisen Kaisha (K Line) took delivery of its newest very large crude carrier (VLCC), Tedorigawa.The 311,000 dwt vessel was built at…
Lloyd's Register Aid for Seafarers
Lloyd’s Register (LR) has committed to make a donation to Sailors’ Society for every new registration to use their digital table that they receive at their stand during this year’s Posidonia.
Global Scrubber System Market to Reach USD 1.86 bln by 2023
The global scrubber system market is estimated at USD 1.02 billion in 2018 and is projected to grow at a CAGR of 12.82% to reach USD 1.86 billion by 2023. The global…
DMA Expands International Cooperation on e-Navigation
The Danish Maritime Authority (DMA) widens the international work on digitalization and e-navigation and enters into a cooperation agreement with South Korea, Sweden, Australia and China.
Navios Maritime Containers Adds 10,000 TEU Vessel
Navios Maritime Containers announced that it took delivery of the Navios Unison, a 2010-built, 10,000 TEU containership on May 30, 2018. As previously announced…
Hyundai Merchant Marine Selects 3 Yards to Build Eco-Friendly Mega Containerships
Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10, HMM has considered all the conditions for newbuilding including delivery date…
Paul “Chip” Jaenichen Joins Liberty Global Logistics
Liberty Global Logistics (LGL) announced today that Paul “Chip” Jaenichen, former U.S. Maritime Administrator, has joined the Company as its Executive Vice President – US Flag.
