International Maritime Prize Goes to Birgit Sølling Olsen
The prestigious International Maritime Prize for 2017 has been presented to Mrs. Birgit Sølling Olsen, former Deputy Director-General of the Danish Maritime Authority.International…
Dubai's DP World Completes Danish Unifeeder Acquistion
Global port operator DP World says it has completed the acquisition of Danish logistics firm Unifeeder for $748 million.DP World’s full acquisition of Unifeeder…
Chinese Consortium Bags USD 1.4bln Panama Bridge Project
The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium.Panama Cuarto Puente…
Union of Greek Shipowners Joins Arctic Economic Council
The Union of Greek Shipowners (UGS) announced its acceptance as member to the Arctic Economic Council (AEC), the independent organization acting as the primary forum…
NYK Line Signs TC for Two LNG Carriers with Total
Japanese shipping giant NYK has signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers.According to the contract…
MOL Signs Pact for Asia’s 1st Gas-to-Power Project FSRU
Mitsui O.S.K. Lines (MOL) has announced that the company has signed deals for construction of a floating storage and regasification unit (FSRU), FSRU services, and…
Oman Signs Djibouti Code of Conduct
Oman has become the 16th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian…
Kooiman Stern Tube Seals Earns BV Type approval
Shipyard Gebr. Kooiman BV in Zwijndrecht successfully started with the production of an in-house developed Kooiman Stern Tube Aft Seal several years ago. Kooiman now has obtained Bureau Veritas Type Approval of her Stern Tube Aft Seal.Compact, simple, robust and effective. This stern tube seal is most suitable for both retro-fit and new building applications. Combined with an integrated rope guard…
British Golden Globe Yachtswoman Rescued by Cargo Ship
British solo round-the-world yachtswoman Susie Goodall was rescued by a cargo ship on Friday after her boat capsized and lost its mast during a violent storm in the southern Pacific Ocean.The 29-year-
Lumitec Launches Digital Lighting Control System
Lumitec’ s Poco Delivers a Powerful, Low-Cost On-board Advanced Lighting Control Solution.Lumitec, a leading designer and manufacturer of extreme environment LED lighting solutions, officially announces the launch of their “Poco” Digital Lighting Control system.Poco Digital Lighting Control delivers powerful, low cost on-board lighting control through a compatible MFD or connected smart device and a simple…
Training Day: Cruden’s pioneering Fast Craft Simulator
Marine simulators are commonplace in the training and development of crew for large vessels. Not so much for small, fast patrol and attack craft.From the mid to late 1970s, marine simulators developed into a viable training tool for trainee mariners. Their initial popularity developed as opportunities for practical training became scarcer and a lot costlier, too. Since then, however, the advancement of the technology has brought a new dimension to professional crew training for small…
The Vessel Incidental Discharge Act (VIDA) - Immediate Implications of the New Law
This week, on December 4, 2018, President Trump signed into law the Vessel Incidental Discharge Act (VIDA): Title IX of the Frank LoBiondo Coast Guard Reauthorization Act of 2018.VIDA establishes a new framework for the regulation of vessel incidental discharges, adding a new Clean Water Act (CWA) Section 312(p): Uniform National Standards for Discharges Incidental to Normal Operation of Vessels. The U.S. Environmental Protection Agency (EPA) and the U.S.
Strong Capesize Rates lift Baltic Index to One-month High
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the fourth straight session to touch a one-month high on Friday, boosted by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 33 points, or 2.5 percent, to 1,372 points, a peak level since Nov. 6.The capesize index surged 5.6 percent, or 117 points, to 2,197 points.
Daewoo Shipbuilding Rallies on Newbuild Order, BlackRock Investment
Shares of Daewoo Shipbuilding & Marine Engineering Co Ltd rise as much as 3.8 pct.The South Korean shipbuilder says it has received a new order worth 444 bln won…
Coast Guard Commandant Optimistic About Icebreaker Funding
The United States may soon get funding for a new heavy icebreaker ship, the head of the U.S. Coast Guard said on Thursday, as global warming spurs the race to stake out the Arctic, which is rich in oil, gas, and minerals.The United States has two operational icebreakers - a heavy one, the Polar Star, which is more than 42 years old and has outlived its life expectancy by a dozen years, and a medium one…
The Last Mediterranean Refugee Rescue Ship Ends Operations
The last refugee rescue ship working in the Mediterranean Sea, Aquarius, has ended her operations, French NGO Medecins sans Frontieres said late on Thursday, blaming…