P&O Ferrymasters Launches New Link Turkey
P&O Ferrymasters announced the launch of new intermodal services from the Turkish ports of Pendik, Ambarli and Mersin to the Free Port of Trieste in Italy, withā¦
Container Ships Dominates Buying Opportunities: VesselsValue
Container ships have dominated the buying opportunities over the past several quarters, and many have taken advantage of this trend to make carefully informed purchases in this spaceā¦
McCarthy to Build Container Yard at Port Houston
US-based construction company McCarthy Building Companies began construction in Oct. on a new container yard within Port Houston, located in Pasadena, Texas.Accordingā¦
Stena Line Inaugurates Onshore Power Supply in Oslo
European ferry company Stena Line is the first ferry company to connect to the onshore power supply connection in the Port of Oslo.Stena Saga will now be connectingā¦
Jan de Nul Completes Umbilical Installation Offshore Egypt
Marine engineering firm Jan De Nul Group Jan De Nul Group has completed the installation and burial of the two main subsea umbilicals for the exploitation of newā¦
Navy to Deploy Surface Ships to Arctic
The U.S. Navy may follow up Octoberās carrier strike group operations in the Arctic with another foray into the icy High North, with leadership considering sendingā¦
Prince Rupert Port Authority Invests in Skeena River Salmon
Canada's Prince Rupert Port Authority announced an initiative to support salmon enhancement in the Skeena River watershed.The Skeena River Salmon Enhancement Programā¦
Container Terminal Operators Forms Hong Kong Seaport Alliance
Hongkong International Terminals Limited, Modern Terminals Limited, COSCO-HIT Terminals (Hong Kong) Limited, and Asia Container Terminals Limited jointly announcedā¦
Japan's MOL Acquires Nordic Tankers
Japanese shipping giant MOL's Chemical Tankers unit has agreed to take full control of Triton-owned Nordic Tankers. The deal expected to close in February 2019.Denmarkā¦
dāAmico Tankers Signs Sale and Leaseback Deals for New Tanker
The marine transportation company operating in the product tanker market dāAmico International Shipping (DIS) has secured a first in the Japanese market, signingā¦
TEN WIns Three Year Charter for Two Product Tankers
Greek shipping company Tsakos Energy Navigation (TEN) announced 36-month long charters with min/max provisions for two product tankers to a major oil concern.At a minimumā¦
Costa Rica Accedes to SAR Treaty
International search and rescue plans are crucial, so that, no matter where an accident occurs, the rescue of persons in distress at sea can be coordinated successfully.Theā¦
Shipbuilding: French, German Intervention Upsets Italy
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Italian Deputy Prime Minister Matteo Salvini attacked France and Germany on Tuesday over their role in a European Union investigation into a planned merger involving Italian shipbuilder Fincantieri."What has happened is extremely serious, France and Germany behaved wrongly.
New Guidance on DP Systems
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The International Marine Contractors Association (IMCA) announced Tuesday it has completed its existing guidance on dynamic positioning (DP) with the newly published āGuidance to Identify DP System Components and their Failure Modesā (IMCA M 247).āUnexpected events that jeopardize station keeping integrity are regularly reported via the IMCA DP Station Keeping Report Scheme. This new IMCA guidanceā¦
ABS Opens New Headquarters
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Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.āThis is a significant milestone in our 157-year history and reaffirms our commitment to provide industry-leading safety and practical technology solutions for marine and offshore industry challenges,ā said ABS Chairman, President and CEO, Christopher J. Wiernicki.āAā¦
Towing Vessel Sinks on the Tennessee River
The U.S. Coast Guard said it is responding to a sunken towing vessel near mile marker 22 on the Tennessee River, Tuesday. The two crew members on board were ableā¦
VesselsValue Weighs in on 2019 Future Winners!
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Overall, the outlook for shipping asset prices remains bright, but several areas are more attractive than others.The VesselsValue forecast takes many factors into consideration when assessing each vessel class and age. Today weāll look at some of the most appealing segments and the fundamental reasons why ships of this size are more likely to appreciate. Subscribers have access to a far more granular look at all ship types and agesā¦
Esvagt Turns to Vestdavit for High Seas Windfarm Boat-Handling
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Vestdavit has reinforced its claim to be the davit supplier of choice for higher sea states after securing orders to equip three state-of-the-art Esvagt Service Operations Vessels (SOVs) destined to support windfarm maintenance in challenging North Sea conditions.Developed by Havyard Design & Solution and built by Havyard Ship Technology, the Esvagt trio will be delivered in 2020-2021. The constructionā¦
EU Will Review Planned French-Italian Shipbuilding Merger
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The European Commission said on Tuesday that it would investigate Italian shipbuilder Fincantieri's planned acquisition of French counterpart Chantiers de l'Atlantique after France and Germany asked it to do so.The merged entity would not have a turnover high enough to require notification to EU regulators."However, the plan was notified for authorisation in France and Germany," the Commission said in a statement.It added thatā¦
China Bans Open-Loop Scrubber Discharge at 'Some' Ports
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China's maritime authority has banned the discharge of "wash water" used in ships to strip hazardous sulphur emissions from engine exhaust gases from Jan. 1 for some ports, according to a government document reviewed by Reuters on Tuesday.The ban on water discharge from so-called open-loop scrubbers is part of an effort to prepare for International Maritime Organization (IMO) rules that will ban ships from using fuel oil with a sulphur content of more than 0.5 percent from 2020ā¦
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