Brazil Offshore Invests: Belov to Build RAL-designed DSV
With a renewed wave of offshore industry investment in Brazil, there is a growing demand again for specialized vessels on the horizon. Underwater service providers play a major role in maintaining offshore assets, especially in deep water, by performing diving operations and ROV surveys (Remotely Operated Vehicles). In the plethora of Brazilian operators, a company stands out from the crowd, having…
Baltic Index Jumps 11%
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, surged 11 percent on Monday to register its biggest one-day percentage rise in over four years, boosted by higher demand for capesize vessel segments.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, jumped 124 points, or 11.3 percent, to 1,217 points.*…
Russia Ignores Western Calls to Free Captured Ukrainian Ships
Russia on Monday ignored Western calls to release three Ukrainian naval ships it fired on and captured near Crimea at the weekend and accused Kiev of plotting with its Western allies to provoke a conflict.Kiev in turn accused Russia of military aggression and put its armed forces on full combat alert, saying it reserved the right to defend itself. Ukrainian lawmakers were due to decide whether to introduce martial law for two months later on Monday…
Damen: New Fast Crew Supplier for US Market
Damen Shipyards Group has unveiled a new vessel design geared toward the developing offshore wind market in North America: the Fast Crew Supplier (FCS) 3410 service accommodation and transfer vessel (SATV).The new design builds on Damen designs that have been proven in the European renewables market. The main premise is the patented Damen Twin Axe bow design, which combines the Axe Bow with a catamaran hull to allow the vessel to cut through waves instead of slamming…
Ferry Allision in San Francisco
The U.S. Coast Guard is investigating the cause of a ferry allision that occurred at the San Francisco Ferry Building Friday afternoon.A crew member aboard the ferry…
Tufton Oceanic Assets Buys Container Ship
The fund management firm for the maritime Tufton Oceanic Assets has agreed to acquire a container ship for $13mln.The London-listed specialist fund said that the…
EDP Renewables Opens Wind Farm in Spain
Portuguese renewables company EDP Renewables (EDPR) has inaugurated the Muxía Wind Farm in the homonymous municipality, in the Autonomous Spanish Region of Galicia.A…
European Energy Erects Zinkgruvan First Turbine at Zinkgruvan
The first turbine has been erected at European Energy's Zinkgruvan wind project in Sweden marking an important milestone in the offshore wind sector.The project…
Seoul Orders 140 LNG Ships
The Korean government will order 140 liquefied natural gas ships, worth 1 trillion won ($880 million), from the nation’s small and midsized shipbuilders by 2025…
Nordic American Offshore Shelves Horizon Maritime Combination
The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has…
KOTC Orders Three LPG Tankers from Hyundai
Kuwait Oil Tanker Co. (KOTC), a subsidiary of Kuwait Petroleum Corporation, has ordered three giant liquefied petroleum gas tankers (LPG) from Hyundai Heavy Industries (HHI)…
Kongsberg Marine Bags Award for DPS
The state-of-the-art DPS i-Series Differential Positioning System has won the ‘Innovative Dredging Technology of the Year’ category at the Dredging and Port Construction…
ShipNet Ties-up with ShipMate
Marine software and platform companies ShipNet and ShipMate announced a strategic exclusive partnership to provide advanced workflow capabilities for crew management…
Canada's Second Largest Container Terminal's Transition to Navis N4 TOS
DSP Data and System Planning successfully supported the transition of DP World Prince Rupert Terminal, the second largest container terminal in Canada, to the NAVIS…
First Wärtsilä 31 Retrofit for Norwegian Fishing Vessel
Norwegian fishing vessel Gardar is about to become the first fishing vessel to be retrofitted with a Wärtsilä 31 main engine, with significant improvements promised…
ONE Expands Asia-South America Service
Ocean Network Express (ONE) announced the further expansion of its Asia - east coast South America service as a follow-up to the earlier announcement detailing the…
Philippine's Batangas Port Hits Record Cargo Volume in November
The Batangas International Port or locally known as the Batangas Pier in Philippines said that Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI)…
Wilhelmsen Unveils Raa Labs
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will…
MarTID 2019: The Global Survey of Maritime Training Practices is Open
The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future ‘seafarers,’ and as of November 26, 2018, the survey is officially ‘open’ for a period of approximately six weeks.The MarTID 2019 SurveyTo facilitate a broader response, this year the MarTID steering group opted to both shorten the survey and to offer three…
DEME Launches Orion
Belgian offshore vessel owner DEME has launched its next generation, giant new offshore installation vessel ‘Orion’ in a ceremony at the COSCO Qidong shipyard in China.