IMO Commemorates Sanchi Victims
International Maritime Organization (IMO) Secretary-General Kitack Lim visited the Islamic Republic of Iran to participate in a ceremony to commemorate seafarers…
Belships to Merge with Lighthouse Group
Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries…
US Actively Considering Waivers on Iran Oil Sanctions
The United States is "in the midst of an internal process" of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.The Trump administration, which withdrew from a deal over Tehran's nuclear program in May, is reimposing sanctions on Iran's crude oil consumers on Nov.
Wärtsilä to Supply Marine Simulators in Southampton
Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England.Scheduled to complete in spring 2019, it will be the largest marine simulation training center in the U.K. The contract with Wärtsilä, which was booked in September 2018, is linked to a five-year…
UK Spurs Autonomous Shipping Development
The autonomous and smart shipping industry is set to receive a boost, after the Maritime & Coastguard Agency (MCA) and the Department for Transport (DfT), in collaboration with the National Oceanography Center’s (NOC) Marine Robotics Innovation Center, successfully secured £1 million in a bid to accelerate the U.K. into a world-leading position in this area.The funding, awarded by the U.K. Government’s Department for Business…
New Thruster Solutions Developed for Arctic Shipping
A team of European marine research institutes and companies have developed creative technologies for thruster solutions that are specifically engineered for ships operating in the Arctic.With the new solutions created under the three-year ArTEco project led by Finland's VTT and Wärtsilä, thruster lifetimes can be increased, their maintenance need can be decreased and their reliability improved, particularly in extreme conditions…
Baltic Index Weighed Down by Weaker Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell on Friday, dragged down by weaker demand for capesize vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 18 points, or 1.2 percent, to 1,536 points.* The capesize index dipped 67 points, or 3.1 percent, to 2,081 points.* Average daily earnings for capesizes…
SunStone Orders Second Expedition Cruise Ship
U.S. based SunStone Ships has exercised an option to order a second expedition cruise vessel to be built in China and scheduled for delivery in August 2020.The new order comes under a design and equipment contract SunStone signed with Ulstein Design & Solutions AS in 2017 that included options for up to nine X-BOW expedition cruise vessels. Ulstein, whose contract is with the China Merchants Group (CMG)…
INSIGHTS: Thomas S. Chance, Chief Executive Officer, ASV Global
Thomas Chance founded C & C Technologies in his home in 1992. Today C & C is a global oil field surveying and mapping company with more than 550 employees in ten offices worldwide.
ClassNK: New Guidelines for Vehicles Carriers
Classification society ClassNK has released its Guidelines for Vehicles Carrier Structures, specifying the technical requirements specifically related to the structural strength assessments of vehicles carriers by using direct calculation.Vehicles carriers are designed with a minimum number of transverse bulkheads and partial bulkheads in order to increase cargo handling efficiency as well as to permit more vehicles to be loaded on board…
Grieg Star Acquires Star Majesty
Norwegian shipping company Grieg Star has acquired a semi-open hatch vessel on the 25th of September. Her name is Star Majesty.Star Majesty was formerly known as Samos Majesty.
UNCTAD Lists Seven Key Trends Shaping Maritime Transport
UNCTAD’s Review of Maritime Transport 2018 identifies seven key trends that are currently redefining the maritime transport landscape and shaping the sector’s outlook.These trends…
APM Terminals Brazil Uses Augmented Reality to Train Workers
No, using augmented reality to train workers is not a science fiction! The HSE (Health, Safety, and Environment) team at APM Terminals Brazil developed an augmented reality (AR) app for employees…
Damen Takes Second in Maritime & Aviation Sector in MT500 Rankings
Damen Shipyards Group has achieved second place in the maritime & aviation sector in this year’s MT500 rankings of the top 500 companies and institutions in the Netherlands.
Rotterdam Port Tests Autonomous Navigation
In order to prepare the Port of Rotterdam Authority for the arrival of autonomous navigation, the Port of Rotterdam Authority has converted a patrol vessel into a floating lab that collects data…
Tug and Barge Solutions Passes 100 Vessel Milestone with Helm CONNECT
Alabama-based Tug and Barge Solutions (TBS) announced that more than 100 vessels now use Ivy Marine's Towing Safety Management System and audit services, powered…
Drewry Downgrades Forecast for Container Demand
A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand over the next five years, according…
BLOC Bags MIT Award for Shipping Emissions MRV Solution
Blockchain Labs for Open Collaboration (BLOC), has won Massachusetts Institute of Technology (MIT) Solve’s Coastal Communities Challenge, for its work in developing…
Exmar Refinances 10 Ships
Belgian gas transport and floating solutions specialist Exmar has received a firm commitment for the refinancing of its ten owned pressurized vessels.The fleet is…
Damen's Appoints de Leeuw as RoPax Sales Director
Damen Shipyards Group has appointed Chiel de Leeuw to the newly-created position of Sales Director RoPax, as the shipbuilder makes strides to expand into the design and construction of larger…
