Indian Ports register positive growth of 4.83%
India’s 12 major ports witnessed a 4.83 per cent rise in cargo traffic at 461.21 million tonnes (MT) during April-November of the current fiscal, said the government.These…
IMO Launche Ship Recycling Project in Bangladesh
The second phase of an International Maritime Organization (IMO)-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh has been…
Scientist Pool Data to Create the $3B Ocean Map
For experts in the field of ocean mapping it is no small irony that we know more about the surfaces of the Moon and Mars than we do about our planet's sea floor."Can you imagine operating on the land without a map, or doing anything without a map?" asked Larry Mayer, director of the U.S.-based Center for Coastal and Ocean Mapping, a research body that trains hydrographers and develops tools for mapping."We depend on having that knowledge of what's around us - and the same is true for the ocean…
Goldilocks Fund acquires 18.32% of UAE's Gulf Navigation
Goldilocks Investment Company, an Abu Dhabi-based fund managed by ADCM Altus Investment Management, said on Monday it had bought an 18.32 percent stake in Gulf Navigation…
GD: $346m for USN Virginia-Class Submarine Work
General Dynamics Electric Boat has been awarded a $346.5 million contract modification by the U.S. Navy to provide research and development and lead-yard services…
Scania to Power Double Ended RoPax Ferry
Incat Crowther announced the design of a double-ended Ro-Pax Ferry to operate to Bruny Island in Tasmania.The vessel will be operated by Sealink Travel Group – one of Australia’s largest vessel operators – and will be built by Richardson Devine Marine in Hobart. The first vessel will go into service in December 2019.The vessel is unusual for a double ended vehicle ferry in that it is a robust aluminium catamaran.
Vikner Joins MJP as COO
Marine Jet Power (MJP) has welcomed its new Chief Operating Officer (COO), Mia Vikner. In this role, Vikner will be responsible for operational efficiencies as well as process implementation to drive the continued growth of the company. Vikner joins the company after serving in various roles within Uson Marine Group, where she most recently held the post of CEO at the company’s headquarters in Stockholm, Sweden.
Fishing Vessel Sinks in New Jersey
The U.S. Coast Guard said it is monitoring the salvage of a partially-sunken commercial fishing vessel in Manasquan Inlet, N.J.Watchstanders in the Coast Guard Sector Delaware Bay command center received notification at 2 a.m. Saturday that the 44-foot fishing vessel Miss Kathleen allided with the northern Manasquan Inlet jetty and was taking on water with three people and a dog aboard.The Miss Kathleen’s captain intentionally grounded the vessel on Dog Beach, about 20 yards outside the channel.
Four Rescued from Fishing Vessel Blaze
The U.S. Coast Guard rescued four people from a life raft after a commercial fishing vessel caught fire about 16 miles southeast of Cape May, N.J., Saturday morning. No injuries were reported.Crew members aboard the 75-foot fishing vessel Ocean Pearl activated Emergency Position Indicating Radio Beacons and abandoned ship after an electrical fire ignited on board around 10:30 a.m.Once aboard their life raft…
Rhine River Shipping Returns to Normal as Water Levels Rise
Freight shipping on the river Rhine in Germany has returned to normal after heavy rain in the past week raised water levels, traders said on Monday.Water levels on the Rhine had been low for around six months after a hot dry summer and a dry autumn, forcing vessels to sail only partly loaded and increasing the cost of commodity deliveries."The heavy, repeated rainfall in the past days was just what was required," one grains trader said.
Stronger Capesize Demand Propels Baltic Index Still Higher
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, rose for the fifth straight session on Monday, buoyed by stronger capesize rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 13 points, or about 1 percent, to 1,385 points.The capesize index climbed 2.1 percent, or 47 points, to 2,244 points, highest since Nov.
Crude Oil Spill Near Port Sulphur, La.
The U.S. Coast Guard said on Sunday it is responding to a crude oil discharge in Rattle Snake Bayou, southwest of Port Sulphur, La.Coast Guard watchstanders in New Orleans received a report from the National Response Center that the well was reported to be leaking.It is unknown when the discharge began, and the amount discharged has not been determined. The well is rated to produce 5,476 gallons of oil per day.Responders are working to locate and secure the source of the discharge.
GREAT WORKBOATS: The Very Best 10 of 2018
MarineNews showcases the ten best of North America’s 2018 workboat deliveries. Domestic shipyard production is robust, innovative and getting greener. And, that…
Quebec Eyes More Federal Shipbuilding Contracts
Quebec's National Assembly unanimously adopted a motion in support of the Federal government's reform or 'refresh' of the National Shipbuilding Strategy.The motion…
Australia Becomes No.1 LNG Exporter
Australia has overtaken Qatar as the world's largest exporter of liquefied natural gas (LNG) for the first time in November, Reuters reported quoting data from Refinitiv…
Egypt Okays BP, Mubadala Acquisition of Stake in Eni's Noor Concession
Egypt’s petroleum ministry has signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the…
Tepco Launches First Commercial Offshore Wind Farm
Japan's largest power company group Tokyo Electric Power Company (Tepco) announced that the company’s first commercial offshore wind power facility will launch on January 1…
Moody's Downgrades Maersk
Moody's Investors Service has downgraded ratings for AP Moller-Maersk after a review of the Denmark-based shipping and oil company. Moody's expressed concerns about…
Tower Resources Hires Vantage Drilling for Cameroon Well
UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon.
Swissco Sells Vessels to Allianz Middle East
Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division…
