Ocean Rig Postpones SHI Drillship Delivery Till 2020
International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild…
Samsung Heavy Industries Bags Two Special-Purpose Ships Order
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received a contract to construct two special-purpose ships for an unnamed European company. According Yonhap…
Future Frigates to Provide Shipbuilding Jobs: Aus Govt
Thousands of jobs will be created in South Australia as a result of the Malcolm Turnbull Government’s announcement that Australia’s nine Future Frigates will be…
Gothenburg Port Renews Port Tariff Discounts for LNG Vessels
As part of the Gothenburg Port Authority environmental discount scheme, vessels that report good environmental performance receive a 10 per cent discount on the port tariff…
Asian Workshop Addressing Marine Litter
Marine litter poses significant risks to the marine environment, ecology and human health, and is a global concern. International Maritime Organization (IMO) has…
ESL Shipping Acquires AtoB@C
Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C…
Hapag-Lloyd Slashes 2018 Profit Outlook
German container carrier Hapag-Lloyd has cut its profit outlook for the year 2018 amid a challenging and volatile environment for ocean carriers. A Reuters report…
Can JIT Ship Operation Cut Ship Emissions?
When arriving at a destination port, ships can remain anchored for many hours or days until getting a berth. During this time, fuel is still being used – which can…
Exceptional Tribute Paid to Jacques R. Saadé
The death of Jacques R. Saadé, Founding President of the CMA CGM Group, roused an emotional response within the Group, in the entire maritime transportation industry and beyond.
Diana Containerships Sells m/v Puelo
Diana Containerships announced that it has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Puelo, with the delivery of the vessel to her new owners.
IMO On Board
Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family.
USMMA Class of '22 Arrives for Indoctrination
The U.S. Merchant Marine Academy at Kings Point (USMMA) welcomed 280, Class of 2022 “plebe candidates” for initial training today. The nearly 20-day orientation period known as Indoctrination, or Indoc, teaches plebe candidates the basics of maritime and regimental life at USMMA. Training will emphasize military discipline, daily regimental routine, physical fitness, basic seamanship, and an introduction to college-level academics.
Oil Tight on Libyan Port Struggles
Libyan oil production could face protracted disruption as factions in the east seek to seize control of crude exports, adding pressure to a tight global market. Eastern factions have tried to take over oil exports in the past but have struggled to find buyers because Western nations insist they will deal only with the internationally recognised National Oil Corporation (NOC) based in the Libyan capital of Tripoli.
U.S. Rig Count Drops, But E&P Spend Up 13%
U.S. energy companies this week cut oil rigs for a second straight week, and notched the first monthly fall since March.Drillers cut four oil rigs in the week to June 29, bringing the total count down to 858, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. <RIG-OL-USA-BHI>That was the first time drillers cut rigs for two weeks in a row since October 2017.
East China Sea Dispute: Japan Protests China Drilling Vessel
Japan has protested to China for allowing a gas drilling vessel to operate in disputed waters in the East China Sea, the government said on Friday.
Innovation Starts @ Marine Hub Cornwall
Marine Hub Cornwall are on a mission to showcase the UK’s southwest coast as a world class center for marine technology and innovation. Working alongside Invest in Cornwall, which manages inward investment into the region, Marine Hub’s Operations Director, Matt Hodson, explains why he believes Cornwall is best positioned to be a global hub for the marine renewable industry.To kick off, can you give…
Struggle to Control Libyan Oil Ports Adds to Global Supply Worries
Libyan oil production could face protracted disruption as factions in the east have sought to seize control of crude exports, adding pressure to a tight global market.Eastern…
VIKING Boosts Support for Japanese Shipowners
Viking is establishing a local presence in Japan to support its growing relationships with local shipowners.Viking Japan builds upon an alliance with MOL Techno-Trade that began five years ago when VIKING’s products were first added to the maritime supplier’s portfolio. “Prior to joining MOL Techno-Trade’s product line-up, VIKING’s representation in Japan was limited,” said VIKING Vice President for the Asian region, Bjarne Kolbo Nielsen.
Marine Electronics: ComNav P4 Autopilot
ComNav has launched the new P4 Autopilot, an adaptive autopilot system designed for all vessel types.Featuring a large 5.7” display, the ComNav P4 autopilot was built for effortless operation and intuitive control with easily accessible, customizable parameters for commercial fleets, fishing boats, yachts, and tugs. The P4 is equipped with ComNav’s Intelligent Steering Technology or ‘IST’.The P4 has automatic Sea State adjustment for course holding in all weather conditions.
Teekay LNG Partners Announces CFO Transition
Teekay LNG Partners L.P. has announced that Brody Speers, the current Chief Financial Officer (CFO) of Teekay Gas Group Ltd., a management services company that…
