BW Group Acquires Higher Stake in Hafnia Tankers
BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc.
HoogTij to Build Deep-sea Quay
The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer. HoogTij is divided into…
Seanergy Maritime Holdings Refinances Two Capesize Vessels
Seanergy Maritime Holdings announced that it has successfully completed the refinancing of a previous loan facility secured by M/Vs Lordship and Knightship. Both…
Costamare Orders Five Newbuild Boxships from Jiangsu Yangzijiang Shipbuilding
Costamare announced the conclusion of shipbuilding contracts and long term charter agreements for five newbuild containerships, as well as the acquisition and chartering…
IEnova to Build Liquid Fuels Project in Sinaloa, Mexico
Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova (IEnova), has been awarded a 20-year contract by the Topolobampo Port Administration…
Scorpio Bulkers Refinances Ultramax Vessel
Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party.
Bollinger: New Icebreakers Could be Built in Florida
As the U.S. Coast Guard continues planning for the construction of the new icebreakers it desperately needs, U.S. shipbuilder Bollinger Shipyards says it has a facility suitable to build them.Bollinger says it has selected Tampa Shipyard for the design and construction of up to three heavy polar icebreakers, and three additional medium sized icebreakers under consideration by the U.S. Coast Guard.“We…
Interview: John Canada, President, Ocean5 Naval Architects
John Canada founded Ocean 5 Naval Architects in 2007, arguably the worst time in history to start a maritime company as the industry was just entering the worst downturn in a generation. But more than 10 years later, and with the industry still in recover mode, Canada and his company are still standing. Ocean5 has become synonymous with sportfish, luxury, performance and composite high speed small craft naval architecture…
New Tug Delivered to Svitzer Australia
Damen Shipyards Group has delivered a new ASD Tug 3212, Svitzer Glenrock, as the second part of a two-vessel order placed by Svitzer Australia.The tug sailed on its own keel from Damen Song Cam Shipyard, Vietnam to Newcastle, NSW, where it will work in the world’s busiest coal port, handling Cape-class bulk carriers and petroleum tankers as they enter and leave the confines of the harbor.Svitzer operates one of Australia’s largest fleets of tugs, comprised of more than 85 vessels.
OP/ED: The 2020 Sulfur Cap – Growing Pains or Mass Hysteria?
At the stroke of midnight on January 1, 2018, the global shipping industry will be expected to comply with the IMO agreed upon 0.5% sulfur cap for bunker fuels with few waivers available.For vessels which have installed scrubbers, higher sulfur fuels may continue to be used. IMO’s recent agreement on the ban of carriage of non-compliant fuel assures that cheating will not be allowed providing that…
Chinese Rescue Diver to Receive IMO Bravery Award
A rescue diver from China who made a series of underwater dives to rescue three people from a sunken cargo ship will receive the 2018 IMO Award for Exceptional Bravery At Sea.A Panel of Judges decided that the rescue merited the highest award. The decision was endorsed by the IMO Council at its 120th session in London (2-5 July).Following a collision with another ship, in Guangzhou Port, China, in the early morning of November 27, 2017, the bulk carrier M.V.Jin Ze Lun sank.
Eastern Conducts OPC Final Critical Design Review for USCG
Eastern Shipbuilding Group (ESG) said it has conducted its Final Critical Design Review (FCDR) with the U.S. Coast Guard on June 29, 2018 for the Offshore Patrol Cutter (OPC) Program.This accomplishment comes after a week of discussions, demonstrations and design presentations by ESG’s design team to the USCG and Department of Homeland Security (DHS). The purpose of the FCDR is to verify that the OPC…
Digital Navigation: Nautisk and Kongsberg Partner
Norwegian digital navigation specialists Nautisk have announced a partnership that will make its products available via Kongsberg Digital’s Kognifai platform.Kongsberg Digital, part of the Norwegian Kongsberg Group of companies, will offer Nautisk’s range of digital navigation and bridge management products to members of its existing Kognifai community as part of its end-to-end digital service.Kongsberg Digital provides software and digital solutions to the maritime…
Two Arrested for Operating Unseaworthy Ship
The Australian-flagged MV Tomin was detained in the Port of Yamba, New South Wales, on June 25 after Australian Maritime Safety Authority (AMSA) inspectors found the vessel to be unseaworthy, substandard and a threat to the marine environment.With support from New South Wales Police, the owners of the vessel were arrested on board and have been charged with offences under the Navigation Act.AMSA inspectors found what appeared to be structural leaks and oily waste inside the vessel…
Norsafe’s Greek Training Academy Partners with DNV GL
Norsafe Academy Hellas has entered into a cooperative agreement with classification society DNV GL regarding the training of its surveyors.“Safety Training for Experienced Surveyors” is a specialized practical course, which has been customized to comply with DNV GL’s requirements, offering preparation regarding practical safety and emergency field situations.After the completion of this safety training…
MarineCFO’s Martin Earns SubM Auditor Status
Laura Martin, VP of Sales & Client Relations at MarineCFO, has earned her certification as a SubChapterM and ISM Lead Auditor.“MarineCFO is committed to the inland and offshore maritime marketplace”, said Laura Martin. ”We feel it’s important to not only understand the needs of the vessel operators but also to put ourselves in the shoes of the safety inspectors and auditors who serve them so we can…
Nordic Lady: Keeping a Good Boat Up to Date
When Trygve Westergard bought the 98- by 28-foot Judi B in the spring of 2016 he was entering a new chapter in a varied marine career. Growing up on a remote island off Ketchikan, Alaska as the third generation of Norwegian-Danish family, he had fishing in his blood and his environment. A stint at the California Maritime Academy earned him an unlimited masters license and a BS in marine transportation.After…
BW LPG Raises Offer for Dorian LPG
Norway's BW LPG, the world's largest liquid petroleum gas shipper, raised its offer to buy rival Dorian LPG on Monday after its first advance was rebuffed.BW offered Dorian shareholders 2.12 BW LPG shares for each Dorian share, up from 2.05 BW LPG shares in an initial offer made on May 29.BW LPG said the offer represents a value of $8.67 per Dorian share.
Pertamina Ends 'Unfeasible' LNG Terminal Project
Indonesia's state owned energy holding company, Pertamina, has decided not to go ahead with what would have been the country's second land-based receiving terminal for liquefied natural gas (LNG)…
Down Angle Gearbox Developed to the Next Level
The Down Angle gearbox series WVSA first exhibited by REINTJES in 2016 will be presented at this year’s SMM maritime trade fair as a “developed to the next level” product. The power train and gear specialist will display a ZWVSA 440 U HS06.In close collaboration with customers REINTJES upgraded its Down Angle construction, which enables a horizontally installation of the diesel engine while the propeller shaft is sloped downwards…
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