Exmar Refinances 10 Ships
Belgian gas transport and floating solutions specialist Exmar has received a firm commitment for the refinancing of its ten owned pressurized vessels.The fleet is…
Damen's Appoints de Leeuw as RoPax Sales Director
Damen Shipyards Group has appointed Chiel de Leeuw to the newly-created position of Sales Director RoPax, as the shipbuilder makes strides to expand into the design and construction of larger…
Decarbonization: 34 Maritime CEOs Call for Action
A who’s who list of maritime industry executives have signed on to voice their support for a zero-carbon future in shipping.The not-for-profit foundation the Global Maritime Forum brought together a group of 34 CEOs and industry leaders from across the global maritime sector to sign a call for action and lead the industry in a transition toward decarbonization.To achieve this, these leaders believe the maritime industry needs to accelerate both technological and business model innovation…
Asia Maritime Pacific Merges with Fenwick Shipping Services
Asia Maritime Pacific and Fenwick Shipping Services announced Thursday that the two companies have merged their operations.Asia Maritime Pacific is a Handysize and minibulker owner and operator…
Rexroth’s GoTo Focused Delivery Program Continues Growth
Bosch Rexroth said its GoTo Focused Delivery Program has marked its 9th consecutive year of growth by offering a strong product portfolio of thousands of Rexroth products with best-in-class lead times.The program continues to offer high demand products across Rexroth’s broad range of technologies for fast delivery. Considering product-dependent maximum order quantities, customers benefit from short lead times and unrivaled simplicity.
Avondale Yard to Be Repurposed as a Multimodal Hub
The former Avondale Shipyard facility in Louisiana will be redeveloped into a logistics and intermodal hub under a joint venture group that took ownership of the shuttered shipyard today.The Avondale site, located just upriver from New Orleans, built and repaired commercial and military vessels for more than 75 years, most recently as part of Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division…
Milestone LNG Bunkering for Shell and Sovcomflot in Rotterdam
Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel.The bunkering of the Sovcomflot's Aframax tanker Gagarin Prospect with LNG is the first operation under a fuel supply agreement between Shell and Sovcomflot signed in 2017…
IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market
International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector.Project Success EvaluationThe IMA study is the first professional effort to systematically look at the…
USCG Conducts Successful Oil Spill Test Burn
The U.S. Coast Guard Research and Development Center (RDC) conducted a successful test burn of oil using the purpose-built burn pan on Little Sand Island in Mobile Bay, Ala. during the week of September 17, 2018.Controlled, pre-planned burns conducted using the Joint Maritime Test Facility allow researchers to gather critical data to help oil spill responders determine best practices for operational use of in-situ burning…
Singapore Looks to Tighten Controls in its Bunkers Supply Chain
Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokeswoman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry.The Technical Committee for Bunkering has submitted a proposal to the national standards body, Enterprise Singapore, for a new standard on quantity, measurement and sampling requirements for transfer of bunker fuel from oil terminals
Wärtsilä, Royal Caribbean Extend Partnership to 2028
Wärtsilä and Royal Caribbean Cruises Ltd. have extended their long-term service agreement to 2028, as the marine and cruise industry is moving more and more toward long-term partnerships.Under the agreement, Wärtsilä is optimizing maintenance efficiency through improved turbocharger maintenance, providing OEM spare parts, workshop services and preferred technical assistance for 46 Royal Caribbean Cruises’ ships.
Seaspan to Invest $200 Mln into Offshore Vessel Owner Swiber
Singapore-based offshore contractor Swiber has signed a $200 million deal with box ship player Seaspan Corporation, just days after it announced the expiry of a…
Novatek, Siemens Sign LNG Partnership
Russia's natural gas producer Novatek and German engineering giant Siemens have signed a strategic partnership agreement that covers cooperation in the liquefied…
ABS North American Committee Look Ahead to 2030
Industry leaders from across North America met to discuss global challenges facing the maritime sector at the annual ABS North American Regional Committee.The group…
Anthony Veder, Bunker Connect Pact for ARA Ports
Anthony Veder and Bunker Connect have signed a bunker procurement and management contract for the Amsterdam-Rotterdam-Antwerp (ARA) set of ports.Upon successful implementation in the ARA area…
Jotun, Seagull Pact for Onboard Paint Maintenance
The paint and coating suppliers Jotun has co-operated with Seagull Maritime AS, to develop an informative set of e-learning modules on the theme of onboard paint maintenance…
MOL's Next-generation Car Carrier FLEXIE Series Wins Accolades
Mitsui O.S.K. Lines (MOL)announced that the MOL-operated next-generation FLEXIE series car carrier received the Good Design Award 2018, from the Japan Industrial…
PIL, IBM to Implement Electronic Bill of Lading
Singapore’s containership operator Pacific International Lines (PIL) collaborates with IBM Singapore in another blockchain trial to design and create an electronic…
Singapore Funds Green Marine Fuel Program
Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner…
ExxonMobil Readies IMO 2020 Compliant Fuel
ExxonMobil said that all its International Maritime Organization (IMO) compliant 0.5% sulfur bunker fuels developed to date are residual grades.The oil giant has…
