US-built Patrol Boats Delivered to Vietnam
Six newly built military patrol boats constructed by Louisiana based shipbuilder Metal Shark have been delivered to the Vietnam Coast Guard. The new deliveries follow an initial round of six Metal Shark 45-foot Defiant-class patrol boats delivered to the Vietnam Coast Guard in the province of Quang Nam in May of 2017. The delivery follows back-to-back U.S. presidential visits to Vietnam from President Obama in 2016 and President Trump in 2017…
Freighter Spills Oil after Striking Pier near New Orleans
A section of the lower Mississippi River is closed to vessel traffic after a Singapore-flagged cargo ship reportedly struck a pier and began leaking oil near New Orleans, Thursday. The U.S.
Season’s First Saltie Heads for Duluth-Superior
The first ‘saltie’ of the 2018 commercial navigation season is on its way to the Port of Duluth-Superior. The 656-foot bulk carrier Federal Weser is scheduled to…
Royal IHC Bags Big Order from Egyptian MOD
Royal IHC has secured an order from the Engineering Authority at the Egyptian Ministry of Defence (MOD). The contract comprises the construction of 10 IHC Beaver…
Top Five Trends in Offshore Wind
As technologies mature and dramatic cost-cutting continues, the future is looking bright for offshore wind. Below are five trends to keep an eye on.Follow the LeaderOffshore wind’s established leader, Europe, will continue to show the way forward and build capacity. At the end of 2016, nearly 88 percent of the world’s offshore wind installations were located in European waters. In 2017, Europe saw a record 3…
For Hire: Battery Hybrid PSVs
Systems integrator and equipment maker Rolls-Royce has quietly been adding hybridizing energy-storage packages to a diverse list of vessels. Yet, so, too, has one of its clients — Louisiana-based SEACOR Marine, as it reacts early to tightened emissions and energy-management standards, or EMS, for vessels plying Europe and North America. Fuel savings and energy-company clients seeking green credentials are…
Partners Eye Autonomous Vessel Technology for UK Ports
Peel Ports Group and ASV Global (ASV) have launched a partnership which will develop the use of autonomous vessel technology for U.K. port operations.The partnership kick-started with a visit from ASV’s team to the Port of Liverpool, to demonstrate the C-Cat-3, an autonomous vessel ideal for shallow survey operations.The C-Cat 3 operated in Brocklebank Dock carrying out seabed survey using a Norbit…
Ballast Water Regs: Difficult and More Difficult
As the U.S. Coast Guard tightens its BWTS compliance rules and more systems are approved, there are still many unanswered questions for operators finally looking to comply.It’s no secret among marine stakeholders that ballast water regulations remain a top concern at the start of 2018, and a confusing one, to say the least. Hence, if someone offers to sell you a clear, concise and complete ballast water instruction manual, move that email over to your spam filter right away.
Yaskawa Ups Investment in The Switch
Yaskawa Corporation is making a multimillion-euro investment to strengthen the R&D capabilities of The Switch and purchase new equipment at the company’s factory in Lappeenranta, Finland.The investment will enable drive train testing of up to 15 MW. The Switch will now become Yaskawa European’s Environmental Energy Division, leading the Japanese company’s global business in the marine, wind and turbo/industry…
Liebherr Records Its Best-ever Turnover
Switzerland based equipment manufacturer Liebherr Group reports its 2017 turnover was the highest in the group's history, with total sales of €9,845 million.The company’s 2017 revenue increased 9.3 percent compared to the previous year, a trend the group says it believes will continue in 2018.The group posted a net result of €331 million for 2017, an increase of €33 million or 11.1 percent compared…
La Niña to Transition to Neutral Weather in April-May -U.S. Forecaster
The La Niña weather pattern is likely to transition to ENSO-neutral conditions during the April-May period, a U.S. government weather forecaster said on Thursday. ENSO-neutral refers to those periods in which neither El Niño nor La Niña is present, according to CPC. There is a more than 50 percent chance of ENSO-neutral conditions prevailing through the northern hemisphere summer in 2018, the National Weather Service's Climate Prediction Center (CPC) said in its monthly forecast.
Spain to Sign $2.2 Bln Deal to Sell Warships to Saudi Arabia
Spain and Saudi Arabia were due to sign a framework agreement for the purchase of warships worth more than $2 billion on Thursday, a Spanish Defence Ministry source said.
Maersk Establishes Decomissioning Company
A 50/50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will provide decommissioning services to oil and gas operators. After decades of production…
DFDS to Buy U.N. Ro-Ro in $1.2 Bln Deal
Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of course for the Turkish company, which had planned an initial public offering for up to 57.7 percent of the company, a draft prospectus showed last month. U.N. Ro-Ro operates five freight shipping routes between Turkey, Italy and France.
Baltic Index Rises on Firmer Large Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Thursday on higher rates for larger vessel segments.
K Line Accepts Great Ships of 2017 Award
At the Sea Japan exhibition in Tokyo, Toyohisa Nakano, (right) Executive Officer, K Line, accepts a "Great Ship of 2017" award from Maritime Reporter & Engineering News Editor and Associate Publisher Greg Trauthwein. Maritime Reporter & Engineering News is the world's largest circulation b2b publication serving the global maritime industry, and each year it confers its "Great Ship" award to more than a dozen global ship and boat owners.
Bahri Adds New VLCC Khurais
National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI).
Maersk Introduces Shares Plan for Top Executives
Danish A.P. Møller – Mærsk A/S has decided to establish a restricted shares plan for the members of its Executive Board in addition to the stock option plan established in 2017.
Rotterdam Port Calls for North-West Europe Joint CO2 Price
The Port of Rotterdam Authority is calling on the Dutch Government to form a coalition with countries in North-West Europe so that a joint CO2 price can be introduced.
Nairobi Wreck Removal Convention Updated
Hazardous ship wrecks can cause many problems. Depending on its location, a wreck may be a hazard to navigation, potentially endangering other vessels and their crews.
