NYK's Diagnostic Tool to Prevent Machinery Failure
NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant. The tool…
Nigeria to Automate Shipping Processes
The Federal Government of Nigeria is set to automate all shipping related administrative processes in order to reduce subjectivity and corruption, thereby promoting…
USNS Burlington (EPF 10) Christened
Austal celebrated the christening of Expeditionary Fast Transport (EPF) the future USNS Burlington (EPF 10) with a ceremony at its state-of-the-art shipbuilding facility this morning.
Norsea, Wilhelmsen Bag Offshore Wind Deal
NSG Wind and Wilhelmsen Ship Management have together won a five year frame agreement with TenneT, a leading European electricity transmission system operator. NSG…
Body of missing person from racing yacht located
The body of the missing crew member was located by the Department of Fire and Emergency Services (DFES) Dauphin helicopter at 12.30 pm AWST yesterday, and recovered by Fremantle Water Police.
UAE to the Rescue of DP World’s Container Terminal in Djibouti
The United Arab Emirates (UAE) condemned Djibouti’s cancellation of DP World’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement…
UK P&I Club Focus on Financial Stability
The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, emerges from the renewal to start the new policy…
Nakilat Posts 2017 Profit of $233
Qatar-based Nakilat (Qatar Gas Transport Company) has announced its financial results for the year ended December 31, 2017, with a net profit of QR 847 million (about USD 233 million).
Otto Marine Seeks Insolvency Protection
Singapore-based offshore shipbuilder Otto Marine is seeking insolvency protection from the High Court in a bid to salvage the company and stave off liquidation.
Mediterranean Shipping Company Cleans Up Durban Cargo Spill
When a freak storm hit the Port of Durban on 10 October 2017, two cargo containers holding plastic nurdles were dislodged from the deck of an MSC Mediterranean Shipping…
Rubio Named CFO of GulfMark Offshore
GulfMark Offshore announced that Samuel "Sam" R. Rubio will be promoted to the position of Chief Financial Officer upon completion of the filing of the company’s Form 10-K.
StealthGas Back to Black in 4Q
Liquefied petroleum gas (LPG) carrier and tanker owner StealthGas has reported revenues of $38.4 mill in the fourth quarter of last year, an increase of 2.4% compared to 4Q16.
SeaBird Exploration Bags Contract in West Africa
Cyprus-based provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, SeaBird Exploration has signed an agreement…
Total Lubmarine debuts Environmentally Lubricant
Total Lubmarine has announced the introduction of a new grease product: BIO OG PLUS – an innovative addition to an already comprehensive Environmentally Acceptable Lubricant (EAL) range.
New Ships’ Routing Systems in Kattegat
The IMO NCSR Sub-Committee has approved the Danish Maritime Authority’s proposal for new ships’ routeing measures, thereby bringing new routes in the Skagerrak and…
Dry Bulk Market Looks Up: J. Lauritzen
Both the dry bulk market and the market for small gas carriers are anticipated to benefit from the expected rise in economic activity in 2018, more so as supply…
BIMCO Relaunches Ship Benchmarking System
BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.
CMA CGM Plans Multi-Temperature Logistics Facility at DP World
CMA CGM, a world leader in maritime transport, is to take a long-term lease and invest in a build-to-suit, multi-temperature warehouse facility at DP World London Gateway Logistics Park.
PIL, PSA, IBM Conclude Successful Blockchain Trial on Chongqing-Singapore Route
Singapore’s Pacific International Lines (PIL), port operator PSA International, and technology giant IBM Singapore have concluded a successful blockchain trial,…
Huntington Ingalls Shipbuilder Nears Completion of Future JFK Aircraft Carrier
Huntington Ingalls Industries announced that its Newport News Shipbuilding division has built 70 percent of the structures necessary to complete the nuclear-powered aircraft carrier John F.
