Adventure Bound: Sunstone Ships Climbs to New Heights
Niels-Erik Lund began his passenger ship career in 1969 as a trainee in a Danish passenger shipping company, DFDS. In the nearly 50 years since, the passenger and cruise shipping industry has changed many times over, with consistent growth being the only similarity between then an now. Today Lund, President & CEO of Sunstone Ships, Inc., has an unfettered view of the expedition cruise sector that he helped to create.
Djibouti Ends Dubai's DP World Contract to Run Container Terminal
Djibouti has ended a contract with Dubai's DP World, one of the world's biggest port operators, to run its Doraleh Container Terminal, the president's office said on Thursday. "The Republic of Djibouti has decided to proceed with the unilateral termination with immediate effect of the concession contract awarded to DP World," the office of President Ismail Omar Guelleh said in a statement. Last February…
Wärtsilä to Optimize Performance of Four TMS Cardiff Gas Vessels
Wärtsilä is expanding its cooperation with the Athens based ship management company TMS Cardiff Gas Ltd. Under the recently signed maintenance agreement, Wärtsilä ensures the maintenance predictability of the operation of four TFDE LNG Carriers in TMS Cardiff Gas’ fleet. Eniram’s data collection platform and advanced data analytics helps TMS Cardiff Gas to achieve optimal fleet operations, resulting in reduced fuel costs and emissions.
Qatar’s New Patrol Boat Completes Sea Trials
The first of two new 48-meter patrol boats for the Qatar Coastguard has completed sea trials. BMT has partnered with ARES Shipyard (ARES) to design and build 17 patrol boats from advanced composites in 36 months – 18 months ahead of schedule. The latest in the series – the 48-meter ARES 150 HERCULES has just completed sea trials with the vessel achieving a maximum speed of 37 knots. The total order from the Qatar Ministry of Interior…
Wärtsilä, CMS Sign on as WinGD Service Providers
Propulsion engine manufacturer Winterthur Gas & Diesel (WinGD) said it has recently signed agreements enabling Wärtsilä Services and CSSC Marine Service Co. Ltd. (CMS) to act as Authorized Global Service Providers. The agreements are valid from January 1, 2018, and allow both providers to offer support for all two-stroke engine brands from Winterthur Gas & Diesel, namely WinGD, Wärtsilä and Sulzer.
LNG Heats Up Again as Market Changes: Russell
If you were looking for signs that the liquefied natural gas (LNG) merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion…
Towboat Ablaze on the Lower Mississippi River
The Mississippi River is restricted from mile marker 500 to 520 after a towboat went adrift and caught fire near Greenville, Miss. The U.S. Coast Guard said it responding…
Thai Navy Orders New Tug from Italthai
On January 19, 2018, Italthai Marine Limited of Thailand signed a contract with the Royal Thai Navy (RTN) for the construction of a sister ship to the Robert Allan Ltd.
Navios Maritime Closes $35M Offering
Owner and operator of container and dry bulk vessels Navios Maritime Partners L.P. has closed the previously announced offering of approximately 18.4 million common units at $1.90 per common unit…
Selektope Antifouling in demand at Korean Shipyards
As global water temperatures increase, global ‘biofouling hotspots’ in subtropical/tropical areas are intensifying, exposing newbuildings at the world’s major shipyards…
St Lawrence Seaway Development Corp. Orders Tug Newbuild
Saint Lawrence Seaway Development Corporation (SLSDC) has awarded a construction contract for a new TundRA 3600 ice class tug to shipbuilder Gulf Island Fabrication, to be built at their yard in Jennings, La. The SLSDC is a wholly owned U.S. government corporation tasked with operating and maintaining the St. Lawrence Seaway between Massena, N.Y. and Lake Ontario, within the territorial limits of the United States.
New Quay for Further Stena Line Growth
The renovated Stena Line Terminal at Europoort is officially taken into operation. As well as upgrading the existing berth, the terminal was expanded with a second…
HSH Nordbank to Finance Brotorp Wind Farm
HSH Nordbank will provide the investor BlackRock with a long-term loan amounting to about € 31 million to refinance the Brotorp wind farm in southern Sweden. The…
Navios Updates Fleet Status
Navios Maritime Holdings controls a fleet of 72 vessels totaling 7.3 million dwt, of which 39 are owned and 33 are chartered-in under long-term charters. The fleet consists of 21 Capesize…
Transocean Upbeat About Offshore Recovery, Despite Quarterly Loss
Drilling contractor Transocean Ltd on Wednesday expressed optimism about a recovery in offshore drilling activity this year, despite reporting its third quarterly loss in a row. Companies that provide services and equipment for oil and gas exploration and production, among the worst hit by the 2014 oil price downturn, have grown optimistic about the future as oil prices recently have bounced back.
Peel Ports Plays for ‘Global North’ Ambition
Jouke Schaap, Port Director for Containers at the Port of Liverpool discusses the role Peel Ports plays in fulfilling the Government’s ‘Global North’ ambition, exporting…
European Commission Fines Four Car Carriers $486.5mln
The European Commission (EC) said Wednesday that it had fined four maritime car carriers 395 million euros (U.S. $486.5 million). Four shipping companies – CSAV…
European Commission Exempts Mitsui O.S.K. Lines from Penalty
The DG Competition of European Commission (EC) announced that several companies including MOL breached European competition law with respect to car carrier services. Mitsui O.S.K.
Offshore Sector Shows Improvement: Sembcorp Marine
Global exploration and production (E&P) capex spending continues to show signs of improvement, underpinned by higher oil prices, says Sembcorp Marine Ltd (SembMarine).
Exmar Barge-Based FSRU on Way to Singapore
Exmar said its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard on Wednesday left the Wison…
