Satisfaction in Container Transport Declines
The level of satisfaction regarding container carriers among exporters, importers, and freight forwarders reduces marginally, according to the third annual shipper…
NAO Acquires 13 Vessels
Bermuda-based company Nordic American Offshore (NAO) announced that it has reached agreement with the lenders under the Company's $150 million Revolving Credit Facility…
Scorpio Bulkers Sells Two More Vessels
The international provider of marine transportation of dry bulk commodities Scorpio Bulkers has once again sold vessels with two new sale and lease back agreements.This…
Diana Shipping Fixes Phaidra with Uniper
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf…
IMO Addresses Efficiency of Shipping
International Maritime Organization (IMO)’s Facilitation Committee addresses the efficiency of shipping by dealing with all matters related to the facilitation of international maritime traffic…
EIC Made Compulsory in Ports
A new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange (EIC) between ships…
OSVs: Restarting that Idled Vessel
Owners of offshore support vessels (OSV) are beginning to examine the possibility of reactivating some of their fleet even as the consistent volatility of oil prices and a healthy stream of ships projected from global shipyards keeps their enthusiasm in check.According to Clarksons, demand for the versatile ships, which support offshore exploration and production activities around the world, edged up 3% in 2018…
IEC Telecom Launches Orion Edge+
IEC Telecom will launch its Orion Edge+ satellite voice and data communication solution during this week’s Sea Asia (April 9 to 11).Orion Edge+ provides high quality, reliable broadband with the ultimate cost effective operational benefits. It also provides flexible data plans with no long-term commitment. This flexibility makes Orion Edge+ ideal for busy offshore support vessels, tugs, and oil and…
Coldharbour Marine Names Stephen CEO
UK-based in-tank ballast water treatment systems (BWTS) manufacturer Coldharbour Marine said on Monday it has appointed Don Stephen as Chief Executive Officer.With over 30 years blue chip industry experience, Stephen's career spans technical and leadership roles at De Nora Water Technology, Severn Trent Services, GE and Alstom both in the UK and internationally.
Platts to Launch Marine Fuel Derivatives Prices
S&P Global Platts will publish assessments for financially settled derivatives contracts that settle against its physical 0.5 percent sulphur marine fuel assessments in Asia, the Middle East, Europe a
E-Navigation Workshop Held in Singapore
The Maritime and Port Authority of Singapore (MPA) is co-organizing a workshop with the International Association of Marine Aids to Navigation and Lighthouse Authorities…
NAVTOR NavBox Certified Cyber Secure
Set against the background of increasing cyber threats to the maritime industry, e-Navigation specialist NAVTOR has moved to demonstrate the integrity of its innovative NavBox solution with ‘cyber secure’ certification (IEC 61162-460 Gateway) from DNV GL. NavBox, which automates the distribution and updates of digital charts, publications and other navigational data, now guarantees both complete regulatory…
Carnival, NAPA Extend Service Agreement
Maritime software, services and data analysis provider NAPA announced a service and product agreement extension with Carnival Corporation, cruise company with a combined fleet of more than 100 vessels across nine cruise line brands. This covers comprehensive services for the Onboard NAPA Loading Computers, training certification for Carnival’s CSMART training facility, and a framework agreement for…
New CEO at POSH
Lee Keng Lin will take over as the new CEO and executive director of Singapore based offshore services provider PACC Offshore Services Holdings (POSH) following the retirement of Gerald Seow Kang Hoe, effective May 1.Lee, who is currently the group's deputy CEO, has more than 10 years of experience in the offshore marine industry and has been with the company since 2007.
Crew Vessel Contracted to Shell
UK-based crew transfer specialist High Speed Transfers (HST) announced that its second new high-speed crew transfer vessel HST Sofia will be contracted by Shell to support its exploration program in the Black Sea commencing March 2019.The FCS 2710 vessel, built by Dutch shipbuilder Damen, will be trialed by HST to undertake oil and gas crew transfers to support the Noble Globetrotter II drill ship.
Havila Kystruten, Kongsberg Ink Long-term Service Deal
Havila Kystruten and Kongsberg have signed a 10-year “Power-by-the-Hour” service agreement for four new coastal cruise vessels that are currently under construction. The contract value is 150 million kroner ($17.5 million).Power-by-the-Hour was launched in 2017, and was first sold to the cargo operator NorLines the same year. The agreement means that the vessel owner is handing the responsibility for service planning and performance back to the equipment’s supplier, Kongsberg Maritime.
Wärtsilä to Equip Knutsen LNG Carrier
Wärtsilä said it will provide an integrated propulsion and cargo handling solution for a new 30,000-cubic-meter liquefied natural gas (LNG) carrier being built at the Hyundai Mipo Dockyard (HMD) in South Korea on behalf of Norway based Knutsen OAS Shipping.Under a 12-year long term charter, the vessel, expected to be delivered during the first half of 2021, will be operated by Knutsen and chartered to Edison S.p.A, an Italian energy services provider.
OSV Market: Which Way is Up?
Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea. Recent day rate action highlights the localized nature of markets for anchor handlers (AHT)…
ABB, SINTEF Test Fuel Cells of Hydrogen Hybrid Ferry
Swiss-Swedish multinational corporation ABB and European independent research organisations SINTEF Ocean laboratory in Trondheim test fuel cells for the world’s…
Blue Water Ships Fire Pump Vessel
The project team of Blue Water Shipping, a provider of freight transport solutions, in Marseille, France was entrusted with an exciting job for its client Societe De Constructions…
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