Rutter Releases Sigma S6 V9.2.0
Rutter Inc. has released the latest update to the Rutter sigma S6 product line, version 9.2.0. This new version is being released for general availability this week. It is also available as an upgrade on existing systems for qualifying customers.Rutter’s proprietary radar data processing system interprets data from both conventional marine navigational and coastal surveillance radars, providing enhanced radar imagery and state of the art detection, tracking, and measurement capabilities.
Baltic Index Up as Capesizes Halt Losing Streak
The Baltic Exchange's main sea freight index, which tracks rates for ships transporting dry bulk commodities, rose on Thursday as capesize rates gained, snapping a 10-session long losing streak for the vessel segment.* The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 7 points, or 0.5 percent, to touch 1,484 points, marking its first rise in 11 sessions.* The capesize index rose 14 points, or 0.6 percent, to 2,424 points.* Average daily earnings for cap
Aker BP, Maersk Drilling Sign Rig Contract off Norway
Maersk Drilling and Aker BP have signed a one-year contract to deploy the Maersk Integrator jack-up rig off Norway from June 2019, Aker BP said in a statement on Thursday.The contract, based on an alliance created between the two firms and Halliburton in 2017, is based on market-rate terms and holds the possibility of a sizeable upside for all parties, based on actual delivery and performance, it said.Maersk Integrator will finish its current campaign on the Gina Krog field off Norway in June 20
CMA CGM Says It's Ready for More M&A Deals
France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday."The shipping sector is consolidating further and if there are opportunities the CMA CGM group ... is able to be in the running for a new deal," Rodolphe Saade told Reuters on the sidelines of a ship launch ceremony at the northern French port of Le Havre.Regarding Hapag-Lloyd…
Five Migrants Found Dead in Spanish Waters
Five migrants drowned and 193 were rescued in the western Mediterranean sea off the Spanish coast, the Spanish coastguard said on Thursday, after six rafts sank.Spain…
MAN Notches Multiple Cruise Orders
MAN Energy Solutions says its cruise business is experiencing a record order-intake. In the first eight months of 2018, the company has won orders to supply seven new cruise ships with engines plus exhaust-gas-treatment systems for scheduled delivery from the end of 2019 to 2022.The orders, which are cumulatively valued close to a three-digit million euro figure, total almost 300 MW of installed power for cruise ships ranging in size from 50…
The Switch Scores Its Largest Marine Contract to Date
advanced drive train technology specialist Yaskawa Environmental Energy / The Switch said it has signed a contract to provide 16 DC-Hubs and 32 frequency converters for a innovative new shuttle tanker concept developed by Teekay and Wärtsilä.The four tankers will be built by Samsung Heavy Industries in South Korea, with Yaskawa Environmental Energy / The Switch set to begin deliveries to Wärtsilä in…
World’s Largest Offshore Wind Farm Opens
The world's largest offshore wind farm will open on Thursday off the northwest coast of England when Danish energy group Orsted unveils the Walney Extension project.The wind farm has a capacity of 659 megawatts (MW), enough to power almost 600,000 homes, and overtakes the London Array off England's east coast which has a capacity of 630 MW.Walney Extension is made up of 87 turbines built by Siemens Gamesa and MHI Vestas, and covers 145 square kilometers (55 square miles), which is equivalent to
SBM Offshore to Pay Additional Fines to Petrobras
SBM Offshore has reached a settlement to pay additional leniency fines of 200 million reais ($48.27 million) to Brazil's state oil company Petroleo Brasileiro SA, Brazilian prosecutors said on Wednesday.As a result of a long-running corruption investigation, the Dutch marine engineering group SBM has agreed to pay a total of 1.4 billion reais in fines and compensations for its role in the scandal.
Hapag-Lloyd is 'Excellence Green Star' in Ship Recycling
Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest…
Somalian Maritime Administration to be Fully Operational Soon
Somalia’s Department of Maritime Administration is planned to become fully operational by the end of the year, enabling the country to discharge its flag, port and…
ESPO Calls for Strengthening Maritime Connectivity at EU Ports
The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor…
ICS-UN Negotiation on Future Ocean Governance
International Chamber of Shipping (ICS) is representing shipowners at the start of a major negotiation to agree a new legal instrument for the protection of the…
Cargill, Rainmaking, DNV GL Advance in CO2 Challenge
The CO2 Challenge was hitting its stride and moving into the second stage, the project partners Cargill, Rainmaking and DNV GL announced.The CO2 challenge looks…
OOCL Bags 2018 Singapore Environmental Achievement Award
Orient Overseas Container Line (OOCL) has received the 2018 Singapore Environmental Achievement Award (Regional) at a ceremony held by the Singapore Environment…
China Tops Leading Maritime Nations of the World: Menon Economics
The 2018 report on the “Leading Maritime Nations of the World” ranks China as the world’s leading maritime nation, placed among the top four on all the maritime pillars in the ranking.
Moore Stephens: Weak Spots in Shipping Risk Management
Confidence in the ability of sound risk management to contribute to commercial success in the shipping industry has fallen in the last 12 months, according to the…
"What's Your Arctic Fuel Choice?" Clean Arctic Alliance Asks Cosco
The Clean Arctic Alliance called on Cosco to make public the nature of the fuel that the Chinese cargo vessel Tian’en has used and carried through Arctic waters.Clean…
Wärtsilä: 'An Oceanic Awakening'
Wärtsilä has unveiled a global initiative that aims to transform the world’s marine and energy industry into a more efficient, ecologically sound and digitally connected ecosystem. The initiative, which Wärtsilä calls “An Oceanic Awakening”, was announced at the SMM maritime trade fair in Hamburg.Wärtsilä said its drive to activate a fully-integrated smart ecosystem aims to address major maritime inefficiencies that impose a significant negative impact on profitability and sustainability…
New MTU Hybrid Propulsion Systems Introduced
As of 2020, Rolls-Royce will launch a range of completely integrated MTU hybrid ship propulsion systems onto the market. The propulsion systems will be made available for yachts, workboats, ferries and patrol boats in a power range extending from around 1,000 kilowatts to 4,000 kilowatts per powertrain.“The combination of diesel engines and electric motors, in addition to batteries, will offer our customers significant benefits in a variety of marine applications.
