Hapag-Lloyd, KLU Launch New Research Centre
Germany's Kühne Logistics University (KLU) and the container shipping giant Hapag-Lloyd announced the launch of the Hapag-Lloyd Center for Shipping and Global Logistics…
Shrinking Arctic Sea Ice Raises Security Concerns
Shrinking ice cover is making the Arctic more accessible to various countries, commercial entities and researchers, among others."While Arctic sea ice continues to shrink…
CEVA Logistics Acquires CMA CGM Log
CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic.
IMO Launches Global Project to Protect Marine Biodiversity
The GloFouling Partnerships project - a collaboration between the Global Environment Facility (GEF), the United Nations Development Programme (UNDP) and the International…
Auction at Damen Shipyards
Dutch shipbuilder Damen Shipyards Group held an auction of left-over surplus materials as part of its commitment to sustainability.Stock manager Martijn van Tilborg explains…
Seaspan Corporation Secures Credit Facility for Six Vessels
The charter owner and manager of containerships Seaspan Corporation has prepaid a credit facility which was secured by six of its vessels.Hong Kong-based shipping…
Scorpio Bulkers Updates on New TC
Scorpio Bulkers announced that it has entered into a time charter-out agreement one of its Ultramax drybulk carriers for a period of between five and seven months.The…
Seanergy Maritime Holdings Completes Acquisition of M/V Fellowship
Seanergy Maritime Holdings reported the successful completion of the previously announced sale and purchase agreements.The Greece-based shipping company with specialization…
Safe Bulkers Buys Japanese Post-Panamax Class Dry-Bulk Vessel
Safe Bulkers has entered into a Memorandum of Agreement with an unaffiliated seller to acquire a Japanese-built, dry-bulk, Post-Panamax class, resale, newbuild vessel.
Shipyards: FMG & its Quest to Build USCG Icebreakers
As the U.S. Coast Guard moves to rebuild its icebreaker fleet we spoke with RADM Bruce Baffer (Ret.), head of Fincantieri’s effort to win the contract to build the Polar Security Cutters.The case for the U.S. to build a new class of icebreakers is strong. While news of global climate change and the shrinking ice caps at both poles is daily headline fodder, maritime navigation in and around the Arctic and Antarctic remains one of the most difficult and dangerous operating arenas on the high seas.
ChartCo Moves Ships’ Logbooks to the Cloud
ChartCo and Klappir Green Solutions signed partnership agreement where the companies will market digital logbooks and software solutions for the global commercial maritime sector, within the ChartCo OneOcean platform. These will focus on the provision of reporting, monitoring, compliance and validation services.This move reflects ChartCo’s ongoing strategy of simplifying the operation and management of commercial shipping.
Metal Shark to Showcase New Products in New Orleans
Shipbuilder Metal Shark will be showcasing an array of new products and technology at this year’s International Workboat Show in New Orleans.Perhaps most notably, Metal Shark has selected this year’s Workboat Show to give the public it’s first look at the U.S. Navy’s newest patrol boat, the imposing “40 PB.”“In 2016, the Navy’s PBX Industry Day was one of most talked-about events of the Workboat Show,” said Stickles.
MTU Gensets for UK Navy Ships
Rolls-Royce is to supply 18 MTU Series 4000 diesel generator sets to BAE Systems as part of the Power Improvement Project (PIP) to increase the resilience of the power and propulsion system in all six Type 45 destroyers. The two existing diesel gensets are to be replaced by three MTU gensets per vessel. The three MTU gensets will complement two existing Rolls-Royce WR21 gas turbines also supplying power to the electric propulsion system.Jon Pearson…
Shipyard: Chantiers de l’Atlantique Enlarges Shipyard by 30%
Chantiers de l'Atlantique and the public works company Charier on November 26, 2018 opened the extension of the pre-assembly area which allows a significant increase in the production capacity of the shipyard.With the work started in July 2017, the yard floor area is now expanded by 17,000sqm, meaning a 30% gain. By lengthening the rail of the 1,400-tonne gantry crane - which is assembling the hull…
LNG Carrier Pskov Completes First Open Water STS Transfer
On 24 November 2018, the LNG carrier Pskov successfully completed the first LNG ship-to-ship transfer operation for the Yamal LNG Project. Pskov loaded some 170,000 cu. m. of liquefied gas, which was delivered from the Port of Sabetta (Yamal Peninsula) to the transshipment point by one of the Arctic LNG carriers chartered by Yamal LNG.The cargo transshipment was carried out at the safe anchorage off the port of Honningsvåg, Norway.
SCHOTTEL: Control Upgrade Extends Lifecycle on Harbor Tug
Schottel GmbH has carried out a control upgrade on a seagoing and harbor tug equipped with azimuth thrusters from another manufacturer. Instead of replacing the entire propulsion system (including mechanics and hydraulics), only the controls were swapped out. In order to comply with the latest class requirements, the German vessel owner was forced to modernize the “WULF 9”, a 30-year-old ASD tugboat.
Brazil Offshore Invests: Belov to Build RAL-designed DSV
With a renewed wave of offshore industry investment in Brazil, there is a growing demand again for specialized vessels on the horizon. Underwater service providers play a major role in maintaining offshore assets, especially in deep water, by performing diving operations and ROV surveys (Remotely Operated Vehicles). In the plethora of Brazilian operators, a company stands out from the crowd, having…
Baltic Index Jumps 11%
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, surged 11 percent on Monday to register its biggest one-day percentage rise in over four years, boosted by higher demand for capesize vessel segments.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, jumped 124 points, or 11.3 percent, to 1,217 points.*…
Russia Ignores Western Calls to Free Captured Ukrainian Ships
Russia on Monday ignored Western calls to release three Ukrainian naval ships it fired on and captured near Crimea at the weekend and accused Kiev of plotting with its Western allies to provoke a conflict.Kiev in turn accused Russia of military aggression and put its armed forces on full combat alert, saying it reserved the right to defend itself. Ukrainian lawmakers were due to decide whether to introduce martial law for two months later on Monday…
Damen: New Fast Crew Supplier for US Market
Damen Shipyards Group has unveiled a new vessel design geared toward the developing offshore wind market in North America: the Fast Crew Supplier (FCS) 3410 service accommodation and transfer vessel (SATV).The new design builds on Damen designs that have been proven in the European renewables market. The main premise is the patented Damen Twin Axe bow design, which combines the Axe Bow with a catamaran hull to allow the vessel to cut through waves instead of slamming…