Rosetti Marino Withdraws from Heerema Deal
Italy's Rosetti Marino has withdrawn its offer to buy Heerema Fabrication Group’s (HFG) Zwijndrecht facility in the Netherlands, with HFG confirming the yard is…
MHI Vestas Wins Borssele V Innovation Site
The next offshore wind innovation site in the Netherlands will feature two V164-9.5 MW turbines from MHI Vestas, the 5th Dutch offshore wind park for the wind turbine…
Moody's Downgrades MOL
The rating company Moody's Japan K.K. has downgraded Japanese shipping company Mitsui O.S.K. Lines, Ltd.'s (MOL) corporate family rating to Ba2 from Ba1. The rating…
Samsung Heavy Bags Two More New Orders for LNG Carriers
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order to build two new liquefied natural gas (LNG) carriers worth a total of about 426 billion…
Imabari Shipbuilding Delivers Two Container Ships to Yang Ming
Two new 14,000 TEU full-container vessels built for Taiwanese ocean shipping company Yang Ming Marine Transport Corporation by Imabari Shipbuilding Japan, were…
Diana Shipping Win TC for m/v Myrsini with Glencore
Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels…
Global Marine Lubricants Market to Grow by 2.17% to Hit USD 6.66 bln in 2023
The global marine lubricants market is estimated to be USD 5.98 billion in 2018 and is projected to reach USD 6.66 billion by 2023, at a CAGR of 2.17% from 2018…
Australia’s LNG Export to Jump 60% in FY 2018-19
Australia’s liquefied natural gas (LNG) export earnings have been revised upwards for 2018-19 and are forecast to total $50.4 billion, an increase of nearly 60 per cent compared to 2017-18…
China to Push LNG Shipbuilding
China would like to compete with South Korea in the field of building liquefied natural gas (LNG) carriers building.South Korea has won 86 percent of the world's…
MacGregor Wins USD 25 mln Orders for Cruise Access Equipments
MacGregor, part of Cargotec, has secured cruise access equipment orders from three European shipyards.The provider of engineering solutions and services to offshore…
BIMCO Pushes for Shipdex
The Baltic and International Maritime Council (BIMCO) and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management…
CMA CGM Takes Delivery of First LNG-Powered Vessel
The CMA CGM Group, a leading shipping group, has announced its subsidiary Containerships, an expert in Intra-Europe which it acquired in October, took delivery on December 12th of its first container ship powered by liquefied natural gas (LNG), the Containerships Nord.With Containerships, the CMA CGM Group reasserts its ambition for LNGThe 1,400-TEU (Twenty-foot Equivalent Unit) Containerships Nord is the first of an order for four LNG-powered container ships.
Great Ships 2018: MV INNOVATION
The first of Damen’s revolutionary new RSD 2513: Always operating ‘bow first’ – a new Paradigm in Harbor Towage harbour tugs is a real innovation as its name saysThe radical new design of the RSD Tug 2513 is the result of extensive industry consultation at every level to find solutions to the general demand for tugs that are compact for operations in and around harbors and terminals, yet have the power and flexibility to maneuver even the largest vessels safely…
Autonomy: The Vision of Autonomous Shipping
The end of 2018 provides an excellent opportunity to highlight some of the measures that have been taken by the maritime industry over the past year to develop a better understanding of autonomous shipping. A drive towards autonomous shipping has been embraced by many major players such as Rolls Royce and Wärtsilä, and this has led to numerous new strategies, visions, and projects that are pushing the boundaries of technological innovation.
Venezuela Navy Confronts Exxon Vessel in Guyana Border Dispute
Venezuela's navy "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters over the weekend, Guyana's foreign ministry said in a statement, while neighboring Venezuela said the incident occurred within its territory.The latest incident in a century-old border dispute comes after a series of offshore oil discoveries have given Guyana the potential to become one of Latin America's largest producers.
Iran Ready to Respond, but U.S. Aircraft Carrier no Threat
Iran said on Monday it was ready to respond to any hostile U.S. action, but it did not consider the arrival of a U.S. aircraft carrier in the Gulf last week as a significant threat.The USS John C.
