HHI to Build FPS for LLOG Exploration
South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI…
Maersk Drilling Wins Semi-Submersible Rig Contract Offshore Timor-Leste
Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni)…
Marine Lubricants Market to Reach USD 3.3 Bln by 2024
The global marine lubricants market is anticipated to expand a robust CAGR of 4.17% during the forecasts period 2016 - 2024, says a study.According a recent study…
Scorpio Bulkers Invests $100 mln in Scorpio Tankers
Scorpio Bulkers has agreed to invest $100.0 million in a related party, Scorpio Tankers. The investment is part of a larger $300.0 million equity raise through a…
Vietnam to Build Two Terminals in Lach Huyen Port
Vietnam National Shipping Lines (Vinalines), the state-owned marine transporter, won approval recently to build two large container terminals at Lach Huyen Port…
Optimism in Multipurpose Shipping: Drewry
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well…
FLEX LNG Orders Five LNG Carrier Newbuilds
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings…
Lady Washington Opens for Public Visit
Tall Ship Lady Washington will be docked at Jack London Square at the foot of Broadway, Saturday and Sunday, informed a press release from Port of Oakland.Visitors…
Saam Smit Towage Adds Escort Tug Duo
Saam Smit Towage Canada (SST Canada) has purchased two new RAstar 3200 escort tugs from Hong Kong’s Cheoy Lee Shipyards.SST Grizzly and SST Orca, which are designed by Robert Allan Ltd…
Star Bulk Carriers Adds MV Star Bright to its Fleet
Athens, Greece-based Star Bulk Carriers Corp took delivery of the first of the three firm dry bulk vessels, the ER Brighton, renamed to Star Bright, from an entity affiliated with E.R.
Caterpillar Marine Rolls Out New Azimuth Thrusters
Caterpillar Marine announced that its latest generation of azimuth thrusters, the new MTA v3, is now on the market.The MTA v3 lineup currently covers the entire Cat 3500 range with the MTA 524, 627 and 628 from a power range of 1,500-2,525kW. It provides the large savings in maintenance costs, lower maintenance and service risks, and simple FiFi installation, the manufacturer said.“The addition of…
Coast Guard Rescues 10 from Disabled Cargo Ship
The U.S. Coast Guard picked up 10 crewmembers who had been stranded at sea for nearly three weeks after their cargo ship became disabled approximately 1,380 miles southeast of Bermuda."We were conducting a law enforcement patrol near Puerto Rico when we were assigned to assist the crew of the motor vessel Alta,” said Cmdr. Travis Emge, the commanding officer of the Coast Guard Cutter Confidence. “We traveled over 1…
AWIA/WRDA Overwhelmingly Passes in Senate
Bill now heads to White House for President Trump’s signature.Today, the Senate voted 99-1 in favor of America’s Water Infrastructure Act of 2018/Water Resources Development Act, otherwise known as WRDA 2018. The Bill passed in the U.S. House by unanimous voice vote (435-0) in August.“The passage of WRDA 2018 is a win for the Nation’s towboat operators, freight shippers, ports and labor and conservation groups that rely on an efficient inland waterways system…
Three Balearia Ferries to Convert to LNG
Spain's Baleària will convert three ferries from diesel to LNG dual fuel using Caterpillar and MaK solutions.Incorporating the MaK DF engines will virtually eliminate the sulfur and particulate matter in the exhaust gases, while also cutting down NOx, resulting in even lower CO2 emissions. The three ferries to be converted are Abel Matutes, Bahama Mama, and Martin i Soler, each currently equipped with a pair of MaK 9 M 43 C main engines.
MV WERFTEN Strengthens Digital Innovation
Shipbuilder MV WERFTEN has expanded its agreement with engineering and industrial software firm AVEVA to use a greater range of solutions from the AVEVA portfolio to design and construct cruise ships.The renewed agreement gives every MV WERFTEN subsidiary full access to AVEVA’s integrated engineering and design and information management solutions to drive further improvements in collaboration and efficiency across shipbuilding design and construction…
OT&BE joins Hyperion Marine Engineering Group
Ocean Tug & Barge Engineering Corporation, a naval architecture and marine engineering firm specializing in AT/B or Articulated Tug/Barge design announced that it…
MES-S Delivers 66,000 DWT Bulker New Champ
MITSUI E & S SHIPBUILDING CO., LTD. (MES-S) completed and delivered a 66,000 dwt type bulk carrier M.V. New Champ (Hull No.1944) at its Tamano Shipyard on October 3…
US Navy Orders Four New Tugs
The U.S. Navy has ordered four new tugs from Anacortes, Wash. shipbuilder Dakota Creek Industries Inc., with options for two additional vessels. Construction of the series′ first vessel is expected to begin in early in 2019.The vessels will be a new version of the Robert Allan Ltd. designed Z-Tech 4500 tugs. The Navy already has six vessels of this design, known as the YT 802 Class, in service. This…
Port Hedland Iron Ore Shipments to China on the Rise
Iron ore shipments to China from Australia's Port Hedland terminal rose 5.3 percent in September from a month earlier, port data released on Wednesday showed.Iron ore shipments to China from the world's biggest iron ore port totaled 37.4 million tonnes in September, up from August's 35.5 million metric tons, according to the Pilbara Ports Authority.Total September iron ore shipments from the port totaled 43.5 million metric tons, up from 42.4 million metric tons in August.Port Hedland is used by
Garden Reach Shipbuilders Stumbles on Market Debut
Shares of India's Garden Reach Shipbuilders and Engineers Ltd fell on their market debut on Wednesday after the company raised 3.4 billion rupees ($45.81 million) at its initial public offering earlie
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