Vard Wins Contract for Luxury Expedition Cruise Vessel
Vard Holdings Limited has announced that it has secured a new contract for the design and construction of one luxury expedition cruise vessel for German cruise company Hapag-Lloyd Cruises. The new expedition cruise vessel will join Hapag-Lloyd Cruises HANSEATIC series, together with the two vessels that VARD already has under construction for the Germany-based cruise company. Developed by VARD in close cooperation with Hapag-Lloyd Cruises…
Strong Capesize Demand Lifts Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth consecutive session on Tuesday, propelled…
USCG Issues Advice for Collecting Information for SubM COI's
As of June 25, 2018, the Coast Guard has issued 22 certificates of inspection (COI) to towing vessels in both the Atlantic and Pacific areas of operation. Additional…
MJP Introduces Next Generation of WaterJet Propulsion – X Series
Marine Jet Power (MJP) has unveiled its latest advancement in waterjet technology, the X Series, at the SeaWork International exhibition in Southampton, UK. Featuring…
Transparency International Questions IMO’s Climate Goals
Transparency International is releasing a new report that highlights several transparency and accountability flaws that could hinder the International Maritime Organization…
ICTSI Contecon Guayaquil Gets Approval to Handle Mega Vessels
Contecon Guayaquil SA (CGSA), subsidiary of Manila-based International Container Terminal Services (ICTSI) has received the government of Ecuador approval to…
BW Offshore's Adolo Commences Transit to Gabon
The provider of floating production services to the oil and gas industry BW Offshore is pleased to announce the sail away of the FPSO BW Adolo. The vessel has left…
DP World Digitalizes Dominican Republic's Logistics System
A new electronic trade portal that will enable trade and make life easier for business has been launched in the Dominican Republic by Dubai Trade World (DT World).
Digital Transformation of Maritime Freight to Reach USD 205bln by 2023
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing…
Diana Shipping Continues TC for m/v Polymnia With Cargill
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A.…
Navios Maritime Midstream Partners Gets Merger Proposal from Navios Maritime Acquisition Corporation
Navios Maritime Midstream Partners, an owner and operator of tanker vessels, announced today that its board of directors has received a proposal from Navios Maritime…
South Africa Signs Treaty on Fishing Vessel Personnel
South Africa has become the 25th State to sign up to the IMO treaty on Standards of Training, Certification and Watchkeeping for Fishing Vessel Personnel (STCW-F).
GLDD Wins $164 Million in Dredging Awards
Great Lakes Dredge & Dock Corporation (Great Lakes), provider of both dredging services in the United States and environmental and infrastructure services, announced the receipt of a several dredging awards totaling $164 million. the Delaware River Deepening Variation Order (Capital, Delaware, $14.3 million). The scope of work for the four coastal protection projects includes sustenance of beachfronts…
Harvey Gulf Emerges From Chapter 11 Proceedings
Harvey Gulf International Marine announced that it has completed its financial restructuring and emerged from Chapter 11 Bankruptcy proceedings. This marks the completion…
Matson Christens First Aloha Class Vessel 'Daniel K. Inouye'
Largest Containership Built in U.S. Will Serve Hawaii. Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary…
Twin Disc, Inc. Announces Closing of Veth Propulsion Acquisition
Twin Disc, Inc. a provider of power transmission technology and equipment for marine- and land-based applications, announced today that it has completed the €52.1…
The Marine Industry's Top 100 Firms: is yours one of them?
MN100 Deadline Extended to 15 July 2018. At the request of some of our loyal readers and subscribers, We have extended the deadline for the MN100 entry forms to be populated.
Thyssenkrupp Hails 'Fair' Tata Steel JV
Germany's Thyssenkrupp called a landmark joint venture thrashed out with India's Tata Steel "fair" on Monday, although the updated terms disappointed some shareholders.After…
Sri Lanka Shifts Naval base to China-controlled Port City
Sri Lanka is shifting a naval base to a port built and controlled by China, it said on Monday, a move that will strengthen security at a harbor that foreign powers fear China could use for military pu
Idled St. Croix Refinery to Restart, Produce Fuels by 2020
Owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, which was once one of the world's largest refineries, plan to invest $1.4 billion to refurbish and restart a portion of the plant…
