European Shippers Call for Action Against Unfair Trade
European Shipowners and Maritime Technology Industry call for decisive actions against unfair trade practices and in favour of global playing field.The European…
Cenotaph Honoring Hirano Maru Sailors
On October 4, an unveiling ceremony was held in Wales, U.K., for a cenotaph honoring the sailors of Hirano Maru, a cargo-passenger ship sunk by a German U-boat exactly 100 years ago on October 4…
TeamTec to Market Oceansaver BWTS
Last month (September) marked one year with TeamTec Oceansaver. Following the bankruptcy of the former OceanSaver AS in September 2017, TeamTec gained control of…
Alfa Laval to Suppy Pumping Systems for China-built FPSO
Swedish company Alfa Laval has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China.The…
Singapore Conducts Oil Spill Exercise
The Maritime and Port Authority of Singapore (MPA) conducted a multi-agency Joint Oil Spill Exercise (JOSE) yesterday (Friday) to test its abilities to respond to oil spills at sea.
Chelsea Logistics Buys Two Vessels
Philippine-based Chelsea Logistics Holdings (CLC), wholly owned subsidiary of Udenna Corporation, added two new ships to the company’s existing fleet of 83 as part…
IMO Commemorates Sanchi Victims
International Maritime Organization (IMO) Secretary-General Kitack Lim visited the Islamic Republic of Iran to participate in a ceremony to commemorate seafarers…
Belships to Merge with Lighthouse Group
Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries…
US Actively Considering Waivers on Iran Oil Sanctions
The United States is "in the midst of an internal process" of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.The Trump administration, which withdrew from a deal over Tehran's nuclear program in May, is reimposing sanctions on Iran's crude oil consumers on Nov.
Wärtsilä to Supply Marine Simulators in Southampton
Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England.Scheduled to complete in spring 2019, it will be the largest marine simulation training center in the U.K. The contract with Wärtsilä, which was booked in September 2018, is linked to a five-year…
UK Spurs Autonomous Shipping Development
The autonomous and smart shipping industry is set to receive a boost, after the Maritime & Coastguard Agency (MCA) and the Department for Transport (DfT), in collaboration with the National Oceanography Center’s (NOC) Marine Robotics Innovation Center, successfully secured £1 million in a bid to accelerate the U.K. into a world-leading position in this area.The funding, awarded by the U.K. Government’s Department for Business…
New Thruster Solutions Developed for Arctic Shipping
A team of European marine research institutes and companies have developed creative technologies for thruster solutions that are specifically engineered for ships operating in the Arctic.With the new solutions created under the three-year ArTEco project led by Finland's VTT and Wärtsilä, thruster lifetimes can be increased, their maintenance need can be decreased and their reliability improved, particularly in extreme conditions…
Baltic Index Weighed Down by Weaker Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell on Friday, dragged down by weaker demand for capesize vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 18 points, or 1.2 percent, to 1,536 points.* The capesize index dipped 67 points, or 3.1 percent, to 2,081 points.* Average daily earnings for capesizes…
SunStone Orders Second Expedition Cruise Ship
U.S. based SunStone Ships has exercised an option to order a second expedition cruise vessel to be built in China and scheduled for delivery in August 2020.The new order comes under a design and equipment contract SunStone signed with Ulstein Design & Solutions AS in 2017 that included options for up to nine X-BOW expedition cruise vessels. Ulstein, whose contract is with the China Merchants Group (CMG)…
INSIGHTS: Thomas S. Chance, Chief Executive Officer, ASV Global
Thomas Chance founded C & C Technologies in his home in 1992. Today C & C is a global oil field surveying and mapping company with more than 550 employees in ten offices worldwide.
ClassNK: New Guidelines for Vehicles Carriers
Classification society ClassNK has released its Guidelines for Vehicles Carrier Structures, specifying the technical requirements specifically related to the structural strength assessments of vehicles carriers by using direct calculation.Vehicles carriers are designed with a minimum number of transverse bulkheads and partial bulkheads in order to increase cargo handling efficiency as well as to permit more vehicles to be loaded on board…
