Shanghai NYK-ANJI Logistics Begins Operations
Shanghai NYK-ANJI Logistics - a joint venture operated by Nippon Yusen Kabushiki Kaisha (NYK), Yusen Logistics and ANJI Automotive Logistics (ANJI) - has begun service…
Novatek Spuds First Well at North-Obskiy
PAO Novatek announced that its subsidiary OOO Arctic LNG 3 commenced drilling of the first well at the North-Obskiy license area located in the shallow waters of…
BC Ferries to Build Five New Vessels
Canadian ferry owner and operator BC Ferries has issued Requests for Expressions of Interest (RFEOI) for the procurement of five new vessels to replace its aging…
Korea Ocean Business Corporation to Support 10 Shipping Companies
The state-run Korea Ocean Business Corporation (KOBC) said it will offer support to 10 small and medium shipping lines as part of its effort to revive the country's…
Pacific Basin Shipping Back in the Black
The Hong Kong-based maritime transport company Pacific Basin Shipping, has announced unaudited interim net profit of US$30.8 million (HK$241.74 million), compared…
Wison Bags FEED Contract for FLNG Project from Western LNG
Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia…
Baker Technology Buys Stake in CH Offshore
Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm."BT Investment (BTI)…
GTT Revenue Grows Thanks to Strong LNG Market
French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT), on the back of liquefied natural gas (LNG) market growth, reported 12%…
Quadrise Fuels Signs MoU with Freepoint Commodities
Fuel oil technology firm Quadrise Fuels International said it had signed a non-binding memorandum of understanding with commodities trader Freepoint Commodities…
Evergas Rolls-out Largest Ethane Carrier in the World
Evergas announced that the first 85.000cbm very large ethane carrier (VLEC) was successfully undocked in China and will be delivered in the first quarter of 2019.Following…
OOCL: Total Volumes Up by 4.6%
For the second quarter ended 30th June 2018, total volumes were 4.6% up from the same period last year said Orient Overseas (International) Limited. Total revenues increased by 4.0% to US Dollars 1…
ISC Middle East to East Africa Service Reshuffling
In a continued effort to provide our customers with reliable and efficient service, CMA CGM Group will upgrade its service offering connection India and Middle East to East Africa.…
India Spurring Port Development
The government of India has identified 243 projects at a total cost USD 21 billion have been identified for enhancing the infrastructure at Indian ports upto 2035…
Diana Containerships Slips Into the Red
Diana Containerships reported a net loss of $42.3 million for the second quarter of 2018, compared to net income of $36.5 million for the same period of 2017. The…
Scorpio Bulkers Secures $60 Mln Loan Facility
Scorpio Bulkers Inc. said it has received a commitment from ABN AMRO Bank N.V. and Norddeutsche Landesbank Girozentrale for a loan facility of up to $60 million…
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Significant moments in naval architecture & marine engineeringIn March 1989, oil tanker Exxon Valdez spilled 11 million gallons of crude oil after running aground in Alaska's Prince Williams Sound. The oil spill stood as the largest in U.S. history until the 2010 Deepwater Horizon disaster in the Gulf of Mexico.The Exxon Valdez incident, while certainly not a bright spot in maritime history, led to broad changes across the industry…
GTT Bags Tank Design Work for New LNG Carrier
GTT said it has received a new order notification from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of a new 174,000 m3 liquefied natural gas (LNG) carrier…
Wison Wins FEED Contract for Canadian FLNG Project
Wison Offshore & Marine announced it has been awarded a contract to carry out front-end engineering design (FEED) for a proposed floating liquefied natural gas (FLNG) project sited in British Columbia, Canada.Wison said it has entered into a Technical Service Agreement (TSA) with the project’s developer Western LNG LLC, pursuant to which Wison will develop the basis of design (BOD) and carry out FEED wordk.
Aussie Pump Goes to Sea
Marine conservation group Sea Shepherd has recently installed another Aussie GMP bronze pump from Australian manufacture Australian Pump Industries, commonly known as Aussie Pumps. The unit is fitted to the M/Y Steve Irwin and forms part of the updated seawater sewer system.Brian Race from Sea Shepherd Global chose the Aussie because of its high-quality nickel aluminum bronze construction and open impeller.
ZF Appoints New Board Members
ZF Friedrichshafen AG's Supervisory Board has appointed Sabine Jaskula and Dr. Holger Klein to the company's Board of Management.Jaskula, an experienced HR manager and lawyer, will be responsible for Corporate HR and Legal functions from latest January 1, 2019. In this function, she will also be in charge of compliance. Dr. Klein has been appointed to ZF's Board of Management with effect from October 1, 2018.