Subsea 7 Signs on for FutureOn Planning Software
Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading…
BIMCO ECSA Leadership Meeting in Athens
The BIMCO President, Anastasios Papagiannopoulos and European Community Shipowners’ Associations (ECSA) President, Panos Laskarides met in Athens recently to discuss…
Höegh LNG Secures Debt Financing for 9th FSRU
Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9.
Hapag-Lloyd on 2020 Low Sulphur Fuel
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020.These regulations are the biggest of a series of steps by…
Thun Tankers Adds Tanker
Thun Tankers will strengthen the existing fleet with m/t Wisby Teak, said a press release from the company.The Wisby Tanker owned vessel will enter the Gothia Tanker…
Auto Collision Avoidance Project for Vessel Safety
Mitsui E&S Shipbuilding (MES-S), Mitsui O.S.K. Lines (MOL), Tokyo University of Marine Science and Technology (TUMST), Akishima Laboratories (Mitsui Zosen) announced that on July 25…
Star Bulk Carriers Completes Acquisition of 16 Dry Bulk Vessels
Star Bulk Carriers Corp. announced that it has consummated the previously announced acquisition of 16 dry bulk vessels in an all-share transaction, from entities…
Eidesvik Offshore, Wärtsilä Norway and DNV GL Celebrate FellowSHIP
Project partners Eidesvik Offshore, Wärtsilä Norway and DNV GL have announced the closure of the FellowSHIP research project. The cooperation has explored the use of battery…
Warship Shuffle: Three Aircraft Carriers Swap Homeports
The U.S. Navy announced today that three of its Nimitz-class aircraft carriers will conduct homeport shifts.USS Abraham Lincoln (CVN 72), currently located in Norfolk, Va., will rejoin the Pacific Fleet, making San Diego its homeport. Abraham Lincoln, commissioned in 1989, previously served in the Pacific Fleet from 1990-2011 before moving to Norfolk for midlife refueling.The other two carrier homeport shifts are tied to carrier maintenance. USS John C.
Hospital Ship Sinking Remembered 100 Years On
A Southampton-based maritime charity lowered its flag to half-mast today to commemorate the sinking of a hospital ship 100 years ago, which caused outrage across the nation when it was torpedoed in the English Channel, killing 123 people.His Majesty's Australian Transport (HMAT) Warilda was transporting hundreds of wounded soldiers from the French port of Le Havre to Southampton when, despite being clearly marked with the Red Cross…
​​​​Chinese Tariffs on LNG, Oil May Threaten US Energy Dominance
China's targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess.China included LNG for the first time in its list of proposed tariffs on Friday, the same day that its biggest U.S. crude oil buyer, Sinopec, suspended U.S. crude oil imports due to the dispute…
Subsea 7 Bags Nexen Contract Offshore UK
Subsea 7 said Friday it has been awarded a contract from Nexen as part of the Buzzard Phase 2 Project, located approximately 55 kilometers off the northeast coast of Scotland.
Unipec Suspends US Oil Imports as Trade Spat Intensifies
China's Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing…
Croatia Extends LNG Terminal Gas Bidding Deadline
A deadline for bids on output from a planned offshore liquefied natural gas (LNG) terminal to be built on Croatia's northern Adriatic island of Krk has been extended until Sept.
Divers Enable Operators to Avoid Unscheduled Dry-Dockings
Vessels’ repair needs do not always match with planned maintenance schedules. With specialist underwater teams, no vessel is far from fast, high-quality repair and refurbishment that enable operators to avoid the potential loss of income related to dry-docking.Technology group Wärtsilä offers marine service and maintenance, regardless of the vessel’s location. Maintenance and repair services performed…
Baltic Index Rises on Firmer Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, boosted by stronger demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 17 points, or 1 percent, at 1,773 points.The capesize index gained 98 points, or 2.8 percent, to 3,632 points.Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes such as iron ore and coal, w
Ingalls Awarded $165.5 Mln Contract for LPD 30
U.S. shipbuilder Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has received a $165.5 million, cost-plus-fixed-fee advance procurement contract from the U.S. Navy to provide long-lead-time material and advance construction activities for LPD 30, the first Flight II LPD.The funds from this contract will be used to purchase long-lead-time material and major equipment…
