Nuclear Container Ship Sets Sail to Arctic LNG2
The nuclear-powered, 260 meter long, 33980 tons deadweight 'Sevmorput' this week sailed from Murmansk to Arkhangelsk where it is to pick up more than 17,000 tons…
USD79mln Funding for Port of Tyne
The Port of Tyne, which comprises the commercial docks in and around the River Tyne in Tyne and Wear in the northeast of England, has secured a GBP60m ($79m) refinancing…
Telford Offshore Cuts Share Count
International offshore services company, Telford Offshore, has unwound the share trust originally set up when it was formed via a corporate restructuring in February…
Steel Cut for OHT Heavy Lift
The first steel of the Norway based shipowner Offshore Heavy Transport (OHT)'s semisubmersible heavy lift crane vessel was cut last week at the CMHI yard in China.The…
Stepping Up Transparency on Ship Recycling
The first report of the Ship Recycling Transparency Initiative (SRTI) clearly indicates that there is a growing movement stepping up the pressure on shipowners…
Torm Joins Inatech for IMO 2020 Bunker App
Danish product tanker operator Torm has joined Glencore subsidiary Inatech on an app to tackle the anticipated complex bunkering landscape in shipping post-2020.Inatech…
DP World to Invest in Kazakhstan Ports
The global port operator are in discussions with Kazakhstan government to invest in new infrastructure in the country’s ports and logistics sectors.The potential…
Port of Manila Cargo Flow Improves
The Port of Manila decongested its yard space by removing some overstaying containers said a port representative.The collaborative synergy between Asian Terminals Inc.
Wallenius Wilhelmsen Joins CSA 2020
The Norwegian/Swedish shipping company, Wallenius Wilhelmsen Logistics is the latest shipowner to join the Clean Shipping Alliance 2020 (CSA 2020), increasing the…
DP World Orders Kalmar Straddle Carriers
The cargo-handling solutions provider Kalmar is to supply DP World with a total of 63 Kalmar Hybrid Straddle Carriers for use at four of its European container terminals…
FPSO Market to Reach $66Bln by 2026
The global floating production storage and offloading (FPSO) market was valued at around US$ 25 Bn in 2017 and is anticipated to expand at a CAGR of around 12% from 2018 to 2026…
DNV GL Study on Wind Turbine Blades
The global quality assurance and risk management company DNV GL released an in-depth study, commissioned by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory…
Yang Ming Launches Final Two Mega-Ships
Taiwanese liner Yang Ming Marine Transport Corporation has announced the launch of two new ultra-large container vessels (UCLVs), which were officially named at Imabari shipyard on March 6…
AWO Testifies Before Congress
Today, the American Waterways Operators testified before two congressional committees on the state of the American maritime industry.Tom Allegretti, President & CEO, testified before the Senate Commerce, Science and Transportation Committee while across the Capitol, Jennifer Carpenter, Executive Vice President & COO, appeared before the House Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation.
Salvors Lift Norwegian Frigate
Salvors used a unique lift method that combined two heavy lift vessels and four cranes to raise a Norwegian frigate that had become partially submerged following a collision with an oil tanker off the coast of Norway in November.On November 8, 2018, Norwegian heavy frigate KNM Helge Ingstad collided with the tanker Sola TS near Bergen, and sank on the inclined slope of a fjord. The accident injured…
PDVSA Declares Maritime Emergency
Venezuela's state-run oil company PDVSA declared a maritime emergency on Tuesday after Bernhard Schulte Shipmanagement (BSM) disclosed plans to return 10 tankers over unpaid fees…
Israeli Navy Could Respond to Iranian Oil Smuggling
Israel's navy could take action against Iranian oil smuggling, Prime Minister Benjamin Netanyahu said on Wednesday, urging world powers to foil any effort by Tehran to evade U.S.
Did You Know? U.S. vs. China
With the United States & China dominating world news with the brewing trade war, it is worthy to note that when you examine the cumulative number and value of U.S. ships on order today worldwide (73 ships, $3.4 billion) Chinese shipyards dominate with a 50% share of the market (36 ships, $1.7 billion).Look for much more in the March 2019 'Cruise Shipping Annual' edition of Maritime Reporter & Engineering News.Source: VesselsValue.com
Pioneering Spirit Shifts to the North Sea
The world's largest heavy lift and pipelay vessel, Pioneering Spirit, will take a temporary pause from Nord Stream 2 pipelaying activities in the Swedish Exclusive Economic Zone to perform planned platform lift work in the North Sea.The Allseas-owned vessel, which in 2018 installed the 22,000 t drilling platform topsides for Equinor’s Johan Sverdrup development on the Norwegian continental shelf, will now return to the field to install the 26…
Rolls-Royce Propulsion for Malta's OPV
Rolls-Royce has secured a contract with Italian shipbuilder Cantiere Navale Vittoria for the supply of a marine propulsion package to a new Offshore Patrol Vessel under construction for the Armed Forces of Malta (AFM).The 1800ton displacement, 74.8 meter, twin-screw vessel will feature a Rolls-Royce scope of supply that includes a pair of PROMAS controllable pitch propellers and rudders, SC722 FCP steering gear…
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