Olmsted Lock Project Nears the Finish Line
The Army Corps of Engineers, in coordination with The Waterways Council, Inc. provided a press tour today at the almost completed Olmsted lock and dam project. Inland…
INSIGHTS: William D. Friedman
Port of Cleveland President & CEO and newly elected Board Chairman of the American Association of Port Authorities William Friedman weighs in this month on the Port…
Transpetro Selects KVH VSAT for 45 Tankers
Connectivity solutions provider KVH Industries, Inc. announced that Brazilian oil and gas transport company Transpetro has chosen KVH VSAT connectivity for the majority of its tanker fleet. Transpetro, which provides transportation for the Brazil's state-owned oil and gas company Petrobras, chose KVH’s TracPhone V7-HTS satellite communications antenna system with a five-year airtime contract for 45 tankers, including a combination of newbuilds and existing vessels.
ONE Accepts Delivery of 14,000 TEU Box Ship
Singapore headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) has taken delivery of a new 14,000 TEU-class containership from Japanese shipbuilder Imabari Shipbuilding Co., Ltd, on July 24, 2018.The new ultra-large containership, One Minato, was built at Imabari’s Hiroshima yard and joins the ONE fleet under sublet from Kawasaki Kisen Kaisha, Ltd.
Saipem, Subsea 7 Discussed Tie Up a Few Years Ago
Italian oil services company Saipem was in talks with rival Subsea 7 several years ago over a possible tie up but negotiations fell through, the group's CEO said on Wednesday."Some 3-4 years ago, before I became CEO there were contacts and talks that did not work out," Stefano Cao said on a call on second quarter results.Cao said there was nothing in this direction today.(Reporting by Stephen Jewkes, editing by Giulia Segreti)
Upgraded Wärtsilä 20 Engine Attracts Multiple Orders
Wärtsilä has received a series of notable orders for the upgraded version of its Wärtsilä 20 engine.A total of 33 engines have been ordered for merchant auxiliary power application in three major shipbuilding projects. The orders, which were booked in June, have been contracted with Wärtsilä Qiyao Diesel Company Ltd (WQDC), the joint venture company of Wärtsilä and Shanghai Marine Diesel Engine Research…
Wildfires Rip through Greece, Killing Dozens
Wildfires raging in Greece have killed dozens, left scores more injured and have driven some off cliffs or into the sea in one of the country’s worst disasters in recent years.Several fires near the country’s capital Athens, one of the world’s top shipping hubs, have killed at least 74 people and left 187 injured, officials said Tuesday. Its feared the death toll could rise further as the number missing is unknown.Athens and the port city to its west…
MAN Opens New Service Station in Zhoushan
Germany based engine manufacturer MAN Energy Solutions opened a new service station/workshop on Liuheng Island, Zhoushan, China. The 560-sqm PrimeServ workshop is located within Zhoushan Xinya Shipyard Co., Ltd, the largest privately-owned shipyard in China, and was officially opened on on July 18, 2018.Jeffrey Ang, Managing Director of MAN Energy Solutions China and Head of Asia Pacific Engine & Marine Systems…
Saudi Oil Tanker Attacked Off Yemen Coast
Yemen's Houthis attacked a Saudi oil tanker in the Red Sea, causing slight damage, an Arab coalition said on Wednesday, after the Houthis reported targeting a Saudi warship in the area.Saudi Arabia and its coalition of Sunni Muslim allies have been fighting in Yemen for three years against the Iran-aligned Houthis, who control much of north Yemen, including the capital, Sanaa, and drove a Saudi-backed…
WinGD Names Heim CEO
Klaus Heim has been named chief executive officer of WinGD, a Switzerland headquartered developer of two-stroke gas and diesel engines for marine propulsion.Heim is slated to take up the role August 6, 2018, joining the company from OMT in Turin, Italy, where he currently serves as chief technical officer. He brings to WinGD more than 25 years of experience in the large engine industry, having held a variety of senior roles…
NYK Group Celebrates Successful O3 Challenge
Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean…
TOP Ships Terminates ATM Program
TOP Ships, an international owner and operator of modern announced that, effective immediately, it is terminating the equity distribution agreement with Maxim Group…
DP World Volume up 6.0% in H1 2018
DP World Limited handled 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross…
Piracy Risk Persists in Gulf of Guinea -Report
The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six…
Team AkzoNobel Completes Volvo Ocean Race
Recently, team AkzoNobel completed its first Volvo Ocean Race, concluding the final leg in second place and finishing fourth overall. The team finished on the podium…
CN Board Appoints Jean-Jacques Ruest President and CEO
The Board of Directors of Canadian National Railway Company (CN) announced the appointment of Jean-Jacques Ruest as President and Chief Executive Officer of CN effective immediately.
Diana Containerships Repays Loan from Diana Shipping
Diana Shipping announced that on July 23, 2018, it received the full and final repayment of the loan to Diana Containerships Inc.Simeon Palios, Director, Chief Executive…
Diana Containerships Completes Sale of m/v Hamburg
Diana Containerships has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Hamburg, with the delivery of the vessel to…
ABB Accelerates Logistics Growth with Acquisition of Intrion
ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience…
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Great moments in naval architecture & marine engineeringThe world's largest construction vessel, Pioneering Spirit, commenced offshore operations in August 2016. The 382m-long and 124m-wide ship was built primarily at DSME’s Okpo Shipyard in South Korea and is used for installation, decommissioning and pipelay activities. In February this year, owner Allseas announced it plans to build an even larger vessel…
