COSCO Shipping's H1 Profit Falls 98 pct
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group…
Shipyard in Focus: Conrad Shipyard
Parker Conrad, a shipbuilding pioneer and a legend along the Gulf of Mexico coast and beyond, founded Conrad Shipyard in 1948. The company, headquartered in Morgan City, Louisiana, is now a public company with new generations of Conrad’s at the helm. “I grew up in the shipyard working side by side with my father,” said Johnny Conrad, President, Chairman and CEO explains. “I saw firsthand how he treated customers, and how his handshake was as good as a contract.
Blowin’ in the Wind: Five Misconceptions of Wind Propulsion on Ships
In examining the history of commercial ships, the common refrain is “from sail to steam to diesel.” If the International Windship Association (IWSA) is right, that common refrain one day could be “from sail to steam to diesel … to sail.”As the collective maritime industry struggles to find a future proof propulsion system to meet ever stricter environmental emissions mandates from the IMO, serious talk and research is being paid to alternative technologies such as wind propulsion.
ClassNK Awards Class Approval To RIMS
RIMS (Robotics In Maintenance Strategies) continues in their quest in the practical integration of drone technology in the world maritime surveying with yet another…
China Constructs New Terminal in Suez Canal
China Harbour Engineering Company (CHEC) began the main phase of the construction of a new terminal basin in Sokhna Port south of the Suez Canal northeast of Egypt…
Aqualis Offshore, Skuld Maritime Agency Under Investigation in Scrapping Case
Aqualis Offshore and Norwegian Insurer Skuld Maritime Agency are under investigation for their involvement in the attempt to illegally export the Harrier to Pakistan…
Samsung Heavy Industries Awards New LNG Tank Design Order to GTT
GTT has received an order from Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 LNG carrier, on behalf of a European ship-owner. The…
Galloper Contract Goes to Granada
Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project…
DNV GL on Use of AI in Oil and Gas
As artificial intelligence (AI) systems begin to control safety-critical infrastructure across a growing number of industries, the need to ensure safe use of AI…
Noble Chooses Kongsberg for Drillship Monitoring Package
Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The…
Venezuela's Port Woes Stall Rosneft Liftings
The closing of a dock at Venezuela's main oil export port could delay as much as 5 million barrels in crude deliveries to Russian state-oil firm Rosneft, a source…
Star Bulk Carriers to Acquire Up To Seven Dry Bulk Vessels From E.R. Capital
Star to acquire three (firm) operating dry bulk vessels with 2018 and has options on four others in 2019.Star Bulk says that Step 1 vessels will be acquired for an aggregate of about 1.34 million comm
Five (More) New Products to Find @ SMM 2018
The SMM 2018 scheduled to take place September 4-7, 2018, in Hamburg, Germany, is held every two years and is the traditional launching platform for a variety of commercial shipping and shipbuilding technologies. Five new marine technologies to look for in Hamburg include:Company: Radio HollandBooth: B6.301Product: Radar, Service, BWTRadio Holland, known for its global service network, shows its network at SMM as well as newdevelopments and innovations in its network.
Q-LNG, VTHM Execute LOI for Another LNG Bunkering Vessel
Quality Liquefied Natural Gas Transport, LLC (“Q-LNG”) announced its further commitment to support the cruise line industry and its liquefied natural gas (“LNG”)…
ACL's Newest Riverboat Passes Sea Trials
American Cruise Lines has announced that brand new ship American Song has successfully passed Sea Trials and is now on its way to the “Big Easy.” The first modern riverboat in U.S. history is expected to arrive in New Orleans the first week in September.American Song passed Sea Trials with flying colors and is the second new vessel completed and delivered to American Cruise Lines by Chesapeake Shipbuilding this year.
Capesize Rates at 7-week Low as Baltic Index Falls
Capesize rates marked its lowest in 7-weeks as the Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday.The overall index…
Evolve from Data Noose to Data Intelligence
Maritime newbuild projects, conversions and maintenance projects have at least one thing in common: millions are lost in search for the right information. About 30 percent of all work within these maritime projects consist of unnecessary searching, searching and more searching for data. The right data. This of course has a cause and luckily there is also a solution.First of all the cause. I visit many maritime companies that have heard of digital transformation…
KVH & Intelsat: On the Digitization Fast Track
While the ship owners and ship managers historically have eschewed the push to increase connectivity at sea, the path to efficiency in the digital age is paved with a robust, high speed and affordable connection. KVH and Intelsat are cooperating to provide all that and more.According to the Crew Connectivity 2018 Survey Report, based on a survey of 6,000 serving seafarers and sponsored by KVH Industries and Intelsat…
Inland Logistics and Marine Institute to offer USCG Approved Basic and Advanced Marine Fire Fighting
This course will train Mariners in Marine Fire Fighting utilizing state of the art equipment and simulators.Factors such as fire causes, associated dangers, welding, smoking, poor housekeeping, and faulty equipment will be covered. Mariners will be taught proper use of Fire Fighting equipment with practical demonstration and live fire exercises.The course will satisfy U.S. Coast Guard regulations for The Fire Prevention and Fire Fighting training requirements of Section A-VI/1 of the STCW Code…
University of Miami’s Hurricane Research is Helping Save Lives
As the 2018 Atlantic hurricane season unfolds, millions of people along the Eastern seaboard of the USA are keeping a careful watch on the weather forecast. What are researchers doing to improve the prediction of hurricane intensity – and ultimately help save lives?While experts are able to predict the track a hurricane will take with increasing accuracy, predicting their intensity is much more of…
