Bourbon CFO Resigns
French offshore services provider Bourbon Corporation announced the resignation of Astrid de Bréon from her position as Chief Financial Officer from July 11. Since her arrival on the 1st of February…
Thoresen Thai Agencies Sells Bulk Carrier
Thoresen Thai Agencies Public Company reported the sale of M.V. Thor Enterprise, a general cargo vessel with a rated capacity of 42,529 deadweight ton (DWT) built in 1995.
New Premises for Damen Marine Components
Damen Marine Components Netherlands (DMC NL) has laid the first foundations for its new premises in Hardinxveld, the Netherlands. Construction of new buildings reflect…
IMO’s Cape Town Agreement on Protecting Fishers’ Lives
International Maritime Organization (IMO)'s Cape Town Agreement on fishing vessel safety needs to be ratified and implemented in order to save fishers’ lives. This…
OIG Group Sells MV Blue Giant
Bremen-based shipping company Harren & Partner announced the acquisition of the offshore construction vessel, MV Blue Giant for an undisclosed price from the English operator, OIG Group.
Indian Ports Register 3.91% Growth
The major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June, 2018 as against 167.48…
Cruise Ship Passenger Dies after Going Overboard
A cruise ship passenger who went overboard near the Strait of Juan de Fuca has been pronounced dead.The U.S. Coast Guard said the 73-year-old male was unresponsive when he was recovered by a helicopter rescue crew from the water near the west coast Canada/U.S. border.The overboard passenger was transferred to local Emergency Medical Service personnel waiting on shore and then to the Olympic Medical…
REGULATORY WATCH: The Global 0.50% Sulfur Cap: 30 months and counting down …
Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns? In early June, the U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) held a public workshop in Washington to help the agencies prepare for the January 1…
Gladding-Hearn Delivers Pilot Boat in Virginia
The Virginia Pilot Association has taken delivery of a Chesapeake class MKII launch from Gladding-Hearn Shipbuilding. The MKII, a new generation of the shipyard’s Chesapeake class launch, is the Virginia pilots’ eighth Gladding-Hearn pilot boat.The Somerset, Mass. shipyard has delivered 20 Chesapeake class pilot boats throughout the U.S. since introducing the series in 2003. The latest improvements incorporate the performance benefits of Volvo Penta’s IPS 3 pod system…
Nakilat Grows Profits 9%
Nakilat announced its financial results for the first half of the year ended June 30, 2018, with the company achieving a net profit of QR 445 million compared to QR 409 million during the same period in 2017, an increase of 9 percent.The company observed positive developments despite the challenging market conditions in the maritime sector over the past year. Nakilat continued to pursue its long-term…
Shipping’s Half Year Report: Extra Classes Needed?
With the industry hoping for better “grades” after the “effort” of recent years, this week’s Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the Week). After comments of “must do better” and “showing potential” in recent years, do the statistics suggest “extra classes” will again be needed over the summer holidays?Progress But No Time To Relax!Our ClarkSea Index (comprising tankers…
GTT Bags LNG Carrier Tank Design Order
GTT has received a new order from South Korean shipbuilder Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 liquefied natural gas (LNG) carrier…
Vigor Delivers Third Passenger Ferry to San Francisco
Argo is now in operation on the Alameda/Oakland routes in San Francisco.Vigor recently delivered Argo, the third of four all aluminum, 400 passenger ferries to the…
Actisense Expands Its PRO Range
Actisense has officially launched the latest addition to its PRO range at Seawork International in Southampton.Reaching out to the world’s commercial marine market, Actisense in Poole has officially launched the PRO-MUX-1 at the 2018 Seawork International Exhibition commercial maritime exhibition and conference in Southampton. The PRO-MUX-1 is a Professional Multiplexer designed to provide isolation on all inputs and outputs so that connected devices safely avoid hazardous ground loops…
Houlder Joins Sir David Attenborough Celebrations
Naval architect and marine engineering firm Houlder has played a key role in the development of the U.K.’s new polar research vessel, RRS Sir David Attenborough, since it was first conceived by the British Antarctic Survey.CEO Rupert Hare will join members of the project team as hull number 1390, comprising 10,000t of steel, is launched at Cammell Laird Shipyard on July 14.As experts in ship construction…
Interview: Natasa Pilides, Cyprus Deputy Minister of Shipping
Natasa Pilides, Cyprus Deputy Minister of Shipping, has held this newly created political post for only three months, but already she has big plans to facilitate the growth of her country’s stature in world maritime circles. In Athens at Posidonia we sat with Pilides to discuss her plans for the development of Cyprus’ blue economy.While dubbed “deputy” minister, make no mistake that Natasa Pilides is in charge…
China Will Hit Back After New US Tariffs
China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods.China's commerce ministry said on Wednesday it was "shocked" and would complain to the World Trade Organisation, but did not immediately say how it would retaliate. In a statement, it called the U.S.
MAN Okays Chevron's Taro Cylinder Lubricants
Following field testing, Chevron Marine Lubricants have been issued with two NOLs (No Objection Letters) from equipment manufacturer MAN Energy Solutions, for the use of three of its Taro cylinder oils with itscylinder oil mixing system, ACOM.“Receiving the NOLS from Man Energy Solutions (formerly MAN Diesel & Turbo), demonstrates the impressive performance of our products in the field. The Taro range of cylinder lubricants provides solutions for the varied range of engines…
Damen Delivers Tug Pair to Smit Lamnalco
Netherlands based shipbuilder Damen said it has delivered two of four ASD 3212 tugs to towage and related marine services’ company Smit Lamnalco.Arriving in Oman on July 10, the two new tugs, each with a bollard pull of 80 metric tons, will be directly deployed at a Oman India Fertilizer Company S.A.O.C (OMIFCO) dedicated terminal in the Port of Sur and will be owned and operated by the joint venture Bahwan Lamnalco Company (BLC).In November 2017…
US Plans Tariffs on Extra $200 Bln of Chinese Imports
The United States has decided to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.U.S. Trade Representative Robert Lighthizer said the United States would impose tariffs of 10 percent on the additional Chinese imports.The move would be the latest in the…
- 1
- 2
