Aspo's ESL Shipping Completes Acquisition of AtoB@C
ESL Shipping, a shipping company fully owned by Aspo has completed the transaction concerning the acquisition of all the outstanding shares of AtoB@C Shipping AB…
GAC Group Appoint Johan Ehn as MD for Sweden
The GAC Group has appointed industry veteran and current Chair of the Swedish Shipbrokers Association, Johan Ehn, as Managing Director of its operation in Sweden.Ehn…
Inland Waterways Authority of India Releases Ship Designs for River Ganga
Inland Waterways Authority of India (IWAI) made public 13 standardised state-of-the-art ship designs suitable for large barge haulage on river Ganga (National Waterway…
Nordic American Tankers Adds New Suezmax
South Korea's Samsung Heavy Industries (SHI) delivered the second suezmax newbuilding, to Nordic American Tankers (NAT) on August 31, on time and on budget.NAT had…
Ronald Reagan Strike Group, JMSDF Participate in Bilateral Training
The Ronald Reagan Strike Group and Japan Maritime Self-Defense Force, Escort Flotilla 4 Battle Group, participated in bilateral training Aug. 31 while underway in…
PSA Okays MOL Norge North Sea Well
Hungarian operator MOL Norge has permission from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in the southern Norwegian North Sea.The jackup…
Austal USA Delivers Third LCS of 2018
The future USS Charleston (LCS 18) delivered to today will be the 16th littoral combat ship (LCS) to enter the U.S. Navy fleet.The Independence-variant LCS is the ninth delivered by Austal USA, the American branch of Australian shipbuilder Austal, and the third LCS delivered by the Alabama shipyard this year.Five LCS remain under construction at Austal’s Alabama shipyard. Cincinnati (LCS 20) is preparing for sea trials.
PDVSA to Divert Tankers to Nearby Port after Collision
Venezuela's state-run PDVSA is organizing a contingency plan to address its latest oil-export problem following a minor accident last week at the country's main crude terminal, two sources from the firm told Reuters on Friday.A tanker collision that damaged Jose port's South dock and forced its closure has added to delays in loading crude for export, especially to customers such as Russia's Rosneft…
Partners Set Out to Develop a More Efficient Containership
A consortium of maritime industry stakeholders has set out to develop a higher performing and more environmentally efficient container vessel. The group, which is led by Dubai based Zaitoun Green Shipping Ltd (ZGS), also aims at creating a new business model for the container sector.The seven companies making up the consortium are each established experts in their own fields. The parties have agreed…
Vessel Accident Causes Oil Spill near Port Arthur
Clean up efforts are underway after a vessel collision caused an oil spill near Port Arthur, Texas.The U.S. Coast Guard said an estimated 13,272 gallons of marine…
Aircraft Carrier John F. Kennedy 50% Complete
Construction of the U.S. Navy’s second Gerald Ford class aircraft carrier has reached its midway point following the installation of one of the ship’s largest units.Huntington Ingalls Industries’ (HII) Newport News Shipbuilding said it has installed one of the heaviest of the planned steel structures, known as superlifts, that will be joined together to make up nuclear-powered aircraft carrier John F. Kennedy (CVN 79).
Baltic Index Touches 7-wk Low
Baltic Exchange's main sea freight index, which tracks rates for ships transporting dry bulk commodities, fell on Friday to its lowest in seven weeks, on weaker demand for capesize and panamax vessels.* The overall index, which factors in rates for capesize, panamax and supramax vessels fell for its seventh straight session, shedding 35 points, or 2.2 percent, to 1,579 points.* The index registered a decline of about 7 percent, its second consecutive weekly drop.* The capesize index dropped to i
AEGIR-Marine to Unveil Propulsion Controls System at SMM
Dutch-based AEGIR-Marine said it will roll out its own branded propulsion controls system at this year’s SMM trade fair in Hamburg.The new system, called Prime Controls, allows AEGIR-Marine to provide its customers with a full controls system retrofit and assures that spare parts are available at least 15 years after delivery, the company said.“At AEGIR-Marine we witness a growth in the retrofit market for propulsion controls and automation…
Polaris Acquires Falck Safety Services and Falck Fire Academy
Polaris and Falck have signed an agreement whereby Polaris will acquire 100 percent of the shares in Falck Safety Services Holding A/S and take over all Safety Services activities in Falck for an undisclosed sales price. This transaction, expected to close during September 2018, also includes the Falck Fire Academy in the Netherlands.Falck President & CEO Jakob Riis said, “We are focusing our business and reducing complexity to build leadership in our core business areas.
Marlink VSAT Ensures Global Connectivity for Hapag-Lloyd Cruises
Marlink has re-established its commitment to Hapag-Lloyd Cruises to provide its Sealink services on the fleet of four cruise vessels, plus two new cruise ships which are due to enter operational service in 2019. The contract renewal reflects Hapag-Lloyd Cruises' desire to meet the requirements of the growing market for adventure and expedition cruises, as the ships are now in remote areas that were previously considered inaccessible for cruise ships…
Croatian Shipyard Workers to End Strike, Future Uncertain
Workers at Croatia's largest shipbuilding group Uljanik, who have been on strike for more than a week, began receiving their delayed July salaries on Friday and are set to return to work on Monday.Union leaders and Prime Minister Andrej Plenkovic, whose government struck a deal with a local bank, confirmed the payments for some 4,500 workers at the docks, located in the northern Adriatic cities of…
Yamal LNG Exports Accelerate in Time for Winter
Liquefied natural gas exports from Novatek's Yamal terminal in the Arctic have come on stream faster than expected over the summer and exceeded volumes from Russia's only other LNG facility, Sakhalin, for the first time in August.The pace of commissioning the multi-billion dollar project has surprised a market used to chronic delays. Additional volumes from the start of another facility should now come in time for the northern hemisphere winter…
Carnival Horizon Cleared to Sail after Allision in NYC
The U.S. Coast Guard has cleared the Carnival Horizon to sail after the 133,500 GT cruise ship struck a pier at the Manhattan Cruise Terminal earlier this week.The…
India Signs Wage Pact with Port and Dock Workers
The 12 Indian major ports run by the state will raise the wages of its more than 32,000 port and dock workers and some 105,000 pensioners by 10.6 per cent beginning January 2017…
Rotterdam Port Develops Safe Berths for Barges
The Port of Rotterdam Authority is developing five permanent berths for barges on the Maas side of the Eiland van Brienenoord.The location has been an anchorage for barges for many years…
