Total Acquires Direct Energie
Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie, for 42 euros per share, representing…
IMO’s Maritime Security Work Presented at Nigeria Law Conference
International Maritime Organization (IMO)'s mandate on piracy and armed robbery against ships broader maritime security measures has been presented at the International…
Cavotec Tech for China's Cruise Sector
As Chinese ports, shipping lines and authorities strive to reduce emissions from shipping, Cavotec's shore power technologies are helping achieve this goal.Cavotec engineers recently commissioned a self-propelled, battery-powered shore power solution, Cavortec AMPMobile, at the Taiiwan cruise terminal at the Chinese Port of Shenzhen. The unit’s batteries are charged while it connects vessels to the grid.
Sinovel Fined for AMSC Trade Secret Theft
A U.S. judge ordered Sinovel Wind Group Co Ltd, a Chinese wind turbine maker, to pay a $1.5 million fine after the company was convicted and charged for stealing trade secrets from Massachusetts-based AMSC. U.S. District Judge James Peterson in Madison, Wisconsin, also sentenced Sinovel to one year of probation, during which it must pay the unpaid balance of a $57.5 million settlement it reached with AMSC. The U.S.
U.S.-China Trade Battle Heats Up
Dueling tariffs raise fears of long A U.S.-China trade fight resulting in duties on $34 billion worth of each other's imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions.Friday marked the start of the U.S. duties that were promptly met with retribution by China, as Beijing accused the United States…
Subsea Robotics for Renewables
As the global fleet of offshore renewables fleet increases, ways to reduce the cost and increase the efficiency and safety of operations and maintenance work, using robotics and autonomous systems, will also grow. Elaine Maslin reports.Robotics and autonomous systems are moving into many areas of modern day life. It’s becoming harder to avoid them, from our phones to automotive systems and now offshore energy renewable projects.Both are seen as tools to do otherwise dull…
NSRP RA 19-01 Solicitation Issued
The National Shipbuilding Research Program issued Research Announcement 19-01 (RA 19-01) to solicit proposals for research, development and implementation of best practices in the U.S. Shipbuilding and repair enterprise. The Proposal Preparation Kit (PPK), which contains formatting guidelines, contracting requirements, proposal selection process and detailed submission instructions, has been updated to correspond with the RA 19-01 solicitation.
With $23.5B in Waste, Maritime is 'Trending Digital'
Timely with the announcement today that Kongsberg is buying Rolls-Royce Commercial Marine, the July 2018 edition of Maritime Reporter & Engineering News, out shortly, covers in depth the digitization technologies sweeping maritime, as written by MR's Finnish correspondent Henrik Segercrantz. Earlier this year Segercrantz, based in Helsinki, met with a number of leaders in the push toward digitization…
Larson Electronics: New Emergency LED Light
Larson Electronics LLC announced the release of a new hazardous area LED light. The product is specifically designed for wet and corrosive marine environments. This LED, approved by United States Coast Guard , features amber, red, green and blue color options and is ideal for oil rigs, ships, chemical storage centers and offshore applications. The HALP-EMG-48-2L-LED-SS hazardous area emergency LED light fixture from Larson Electronics is a 56 watt…
Port of Beaumont Purchases Former CB&I Property
On July 3, 2018, the Port of Beaumont formalized the purchase of the former Chicago Bridge & Iron fabrication facility located at 850 Pine Street, Beaumont, Texas for $8.25 million. To facilitate the growth of the property, the Port of Beaumont has entered into a public-private partnership with Allegiant Industrial Island Park, LLC. Initial plans for the property, to be named Port of Beaumont Allegiant Island Park…
Kooiman, Group de Cloedt Deliver Trailer Suction Hopper Dredger
On June 30, 2018, a trailer suction hopper dredger DC Brugge was delivered to Scheepswerf Gebr. Kooiman B.V. in Zwijndrecht. DC Brugge is the result of close cooperation between Group de Cloedt and Kooiman Marine Group. With the DC Brugge, Group de Cloedt is updating its fleet of dredgers. The vessel, with a hopper volume of 2,450 m3, replaces the 43-year-old Interballast 1 (1,680 m3) and will be deployed in the granulate dredger fleet of Group De Cloedt.
Baltic Index Higher on Demand for Larger Vessels
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Friday, helped by higher demand for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 10 points, or 0.6 percent, to 1,622 points, the highest since Dec. 14. The index was up for a second-consecutive week gaining 17.1 percent, its biggest weekly jump in four.
Mitsubishi Shipbuilding Holds Christening for Next-Gen LNG Carrier
Mitsubishi Shipbuilding held the christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line). The ship, named "Diamond Gas Rose", is the second "Sayaringo STaGE" type vessel, Mitsubishi Shipbuilding's newest carrier that achieves significant improvements in both LNG carrying…
Cavotec Supports Sustainable Development of China’s Cruise Sector
A battery-powered AMPMobile unit connects a ship to shore power at Shenzhen cruise terminal. As ports, shipping lines, and authorities in China strive to reduce emissions from shipping, our innovative shore power technologies are playing a key role in delivering substantive change. As highlighted in a recent Cruise Industry News report, China could ultimately be the world’s largest cruise market. The development of cruise berths at Chinese ports continues at a rapid pace.
Asian Refiners Rush to Secure Feedstock as Trade War Looms
U.S. tariffs on Chinese goods came into effect Friday; China retaliates, duty on U.S. crude possible. Asian oil refiners are racing to secure crude supplies in anticipation…
Japan's First LNG Bunkering Vessel to Launch in 2020
Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho, and Nippon Yusen KK said on Friday that their joint venture has placed an order for a liquefied natural…
KONGSBERG to Acquire Rolls-Royce Commercial Marine
Kongsberg Gruppen ASA (KONGSBERG) today entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world leading technology business within maritime operations.
Fischer Panda Equipment Powers ROV System
Fischer Panda UK has supplied a Panda 25i generator and Seafari Mini 170 watermaker for the latest ROV inspection and survey boat designed by Fareham-based BW SeaCat for Norwegian company Rov AS.
Faster Routes into US from Mexico
A new block (unitary) train service from APM Terminals Lazaro Cardenas in Mexico avoids congestion and delays at other ports to reach hinterland destinations in…
Birgit Sølling Olsen to Get IMO International Maritime Prize
Former Deputy Director General of the Danish Maritime Authority (DMA), Mrs. Birgit Sølling Olsen, is set to receive the 2017 International Maritime Prize. This was…
