Songa Shareholders Approves Vessels Acquisition by Star Bulk Carriers
Star Bulk Carriers announced that Songa Bulk has informed the Company that 99.73% of the present shareholders of Songa, at the Annual General Meeting of shareholders of Songa held on June 5…
Rowan Secures ExxonMobil Drillship Contract
Contract drilling services provider Rowan Companies plc announced that the one of its R-Class drillships, Rowan Relentless, has been awarded a contract by ExxonMobil to drill a prospect in the U.S.
Coast Guard Removing Aids to Navigation off Virginia
Fifty-six aids to navigation will be removed in the Virginia Inside Passage on Virginia’s Eastern Shore after shoaling in the area created a significant hazard to navigation.The U.S.
C-MAP Unlocks New Insight for Shoreside Managers
C-MAP, the provider of commercial marine charting and cloud-based software solutions for fleet management and route optimization, has launched a new version of C-MAP FleetManager.The web-based enterprise solution now gives shoreside managers more insight into their fleet’s performance for more informed decision-making though powerful analytics.Fueled by Microsoft Power BI, C-MAP FleetManager gives immediate access to fleet data with interactive reports via a personalized dashboard.
Greek Shipowners Say EU Tax Pressure Could Make Brexit Britain Attractive
Greek shipowners could relocate to Britain after it leaves the European Union if European regulators demand changes to favorable shipping taxes in Greece, a top industry official said on Friday.The European Union has been pressing Greece to end generous tax allowances it grants shipowners, although the government has steered away from imposing heavy taxes on an industry that operates some of the world's biggest vessels."If the European Union threatens us ...
New Center to Advance Green Maritime Tech in Norway
NCE Maritime CleanTech business cluster is establishing a new Norwegian catapult center to build up expertise and testing facilities for its partner organizations. The center aims to be at the forefront in making the Norwegian marine industry greener, smarter and more innovative.NCE Maritime CleanTech’s initiative Sustainable Maritime Norwegian Catapult Center was announced as one of the three winners among the 15 business clusters that applied to Siva…
ABS Offers Guidance on 2020 Sulfur Cap
ABS issued the ABS Advisory on Marine Fuel Oil to help industry prepare for the IMO’s 2020 global sulfur cap. The Advisory provides owners and operators with industry-leading guidance on the considerations and challenges with marine fuels, which are likely to be used in addressing the 2020 global sulfur cap requirements.“The IMO 2020 sulfur cap requirement will introduce a significant demand change from heavy fuel to low sulfur fuel almost overnight.
Rolls-Royce to Design and Power Trawler for Prestfjord
Rolls-Royce has received a supply order from Spain’s Astilleros Gondan shipyard for the design, propulsion and auxiliary machinery systems for what has been dubbed one of world’s most advanced fishing vessels.Scheduled for delivery in 2020 to Prestfjord Seafood, a division of Norway’s Holmøy Maritime, the 77m trawler will be based on a Rolls-Royce NVC 732 WP design arranged with triple trawl and pelagic trawl for operation in Arctic waters catching white fish and shrimps.
New Oil Discovered in the North Sea
Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea.The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent.“We are very pleased to announce the first Equinor discovery,” said Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway & UK.“This is a good discovery which we expect will be commercial.
DNV GL Unveils New Emissions Reduction Notation
As the shipping industry continues its push to reduce emissions to air, classification society DNV GL announced a new class notation for exhaust gas cleaning systems (EGCS). The new notation, emissions reduction (ER), will cover not only scrubbers for removing SOx, but selective catalytic reduction (SCR) and exhaust gas recirculation (EGR) systems for removing NOx. The new notation will be published in July 2018.“As the 2020 IMO sulphur cap on fuel draws closer…
New Ferry Seastreak Commodore Delivered
Seastreak’s newest vessel, Seastreak Commodore, has been developed in response to significant passenger volume growth and brings the operator’s fleet of Incat Crowther-designed vessels to a total of eight.The 45m-long, 600-passenger ferry built at the Gulf Craft shipyard in Louisiana is the highest capacity UCSG k-Class fast ferry ever built. Incat Crowther said it worked closely with Seastreak to…
China's Export Growth Steady, Import Growth Faster
China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January, with the data coming at a time when China has pledged to its trade partners - including the United States - that steps would be taken to increase imports.China…
Shipping Tycoon Livanos Tied to New Investment Firm
Former senior Goldman Sachs and HSBC banker Matthew Westerman is launching a private investment firm alongside a former colleague and a Greek shipping tycoon, he…
Oil Spill Reported in the Gulf of Mexico
The U.S. Coast Guard said it is responding to reports of an oil spill near Breton Sound, La. in the Gulf of Mexico.Coast Guard Sector New Orleans watchstanders received a call at 6:29 p.m.
Adriatic LNG Receives 600th Cargo
Adriatic LNG, the company which operates the regasification terminal located off the Veneto coastline, announces the arrival of the 600th carrier, the Al Jassasiya.
Gazprom Extends Gas Contract with Austria’s OMV
Russian gas firm Gazprom has signed a new deal to extend the existing gas supply contract with Austria’s OMV until 2040. Under the existing contract between Gazprom…
DFDS Completes Acquisition of U.N. Ro-Ro
Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong…
Uruguay Conducts Maritime Security Drills
Drills and exercises to test maritime security knowledge and update skills are under way during a national workshop in Montevideo, Uruguay (5 to 8 June). The National…
Call for Development of Holistic Corridor in Baltic
Development of transport corridors ensures smart and innovative cross-border transport and logistics services on the core transport network of the Baltic Sea Region.
“K” Line Group Holds Environmental Awards 2018 Ceremony
Kawasaki Kisen Kaisha (“K” Line), one of the largest Japanese transportation companies, held the Award Ceremony for “K” Line Group Environmental Awards 2018 on June 5, 2018.
