EU Takes Aim at Turkish Steel Sector Buckling Under Trump Tariffs
The European Commission's move to extend its steel import restrictions threatens to force Turkish mills, already buckling under the weight of U.S. tariffs, to cut…
SHIPBUILDING: China-built Ferry for Stena Line ‘Floats’
Stena Line has achieved a milestone in its fleet investment program with the launching ceremony of the first of its next generation of RoPax vessel taking place at the Avic Weihai Shipyard in China. The first new vessel will be named Stena Estrid* and she took to the water for the first time on January 16, 2019, and is on schedule to enter service on the Dublin to Holyhead route in early 2020, the first of three new E-Flexer vessels bound for the Irish Sea by 2021.
Cook Inlet Tug & Barge Acquiring Assets on Alaska’s North Slope
Cook Inlet Tug & Barge (CITB), an independently managed subsidiary of Foss Maritime Company, entered into an Asset Purchase Agreement with Crowley Vessel Sales Group and completed the purchase of all of Crowley’s Prudhoe Bay, Alaska assets – including tugs, barges, heavy machinery and other vehicles and equipment.“These assets are already positioned on the North Slope,” said John Parrott, President and CEO of Foss.
BWC, Erma First Team on Containerized BWMS
BWC and ERMA FIRST have agreed a collaboration which will increase the Ballast Water Management options available to the shipping industry.Ballast Water Containers CEO, Richard Lawson commented: "After working closely with their technical team over the past three months we are now able to offer a containerized version of the ERMA FIRST FIT system.
Egyptian Ports Reopen After Sandstorm Clears
Egypt reopened five ports on Thursday that it had shut due to bad weather as conditions improved and winds stabilized, the Red Sea Ports Authority said.Several Egyptian port cities and the capital Cairo were hit by a severe sandstorm on Wednesday, which prompted the closure of several ports.The ports of Alexandria and Dekheila on the Mediterranean in the Alexandria governorate, which had been shut since Sunday, reopened at 1330 local (1130 GMT), Reda Ghandour, a spokesman for the Alexandria Port
Troubled Shipbuilder Uljanik Draws Investor Interest
Croatia's largest shipbuilder Uljanik, which is trying to attract investors to stay afloat, extended a due diligence process until late next week after drawing the interest of potential strategic partners.Croatia's Economy Minister Darko Horvat said four potential investors were looking at Uljanik's business data and another company was also interested, but did not elaborate."I expect at least two serious offers for Uljanik at the end of this process which would then prevent its bankruptcy…
USCG Investigating Fatal Sinking
The U.S. Coast Guard has launched a formal marine casualty investigation into an incident involving the commercial crabbing vessel Mary B II, which capsized off Newport…
SHIPBUILDING: MV Werften Acquires Neptun Ship Design
The shipyard group MV WERFTEN is acquiring the Rostock-based Neptun Ship Design, Germany’s largest ship design office. Neptun Ship Design in Rostock is being acquired as an independent subsidiary of MV WERFTEN to provide design services for the shipyard group in future. In addition to the group’s own designers at its yards in Wismar, Rostock and Stralsund as well as a designer network throughout Europe, further significant engineering capacities are thus being united under one roof.
Bridge Collapse Blocks Belgian Canal Traffic
Shipping was blocked on the Brussels-Willebroek canal just north of the Belgian capital on Thursday after a ship struck a bridge near the town of Grimbergen, police said.The Humbeek bridge, which rise
Seacor Marine Acquires Three Cosco PSVs
The offshore marine support vessels operator Seacor Marine Holdings announced it has entered into definitive agreements to acquire three platform supply vessels…
Offshore Service Market to Outspace Onshore Shale
Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy.According to Rystad's Oilfield Service Research report…
Bill to Honor U.S. Merchant Mariners of WWII Introduced
Rep. John Garamendi introduced House Resolution 550, aka the Merchant Mariners of World War II Congressional Gold Medal Act, in Congress Tuesday.The bill aims to…
TAIC Final Report on Emerald Princess Cruise Ship Explosion
The Transport Accident Investigation Commission has published its report on the February 2017 accident in Port Chalmers, Dunedin, on board the passenger cruise ship Emerald Princess…
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