Hyundai Heavy Sells Oil Stake to Saudi Aramco
South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco.According to a press release…
MOL, Mitsui Join in Modec FPSO Project
Mitsui O.S.K. Lines and Mitsui & Co have participated in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage…
Rotterdam Port Produce Less Emissions
The industry in the port of Rotterdam has released less CO2 into the atmosphere for the second year in a row.According to new figures published by the Dutch Emissions Authority (NEA)…
ICS Backs IMO's Anti-Corruption Moves
The International Maritime Organization (IMO) has agreed to address maritime corruption by including this important issue in its work programme for the Facilitation…
IMO Includes Anti-Corruption on Formal Agenda
The International Maritime Organisation (IMO) showed massive support agreeing to include maritime corruption as a regular work item on its agenda.A paper on the…
Diana Shipping Sells Dry Bulker Erato
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2004…
BP, Nouryon, Rotterdam Port Join for CO2 Cut
British multinational oil and gas company BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity…
Electronic Bus Link Installed on North Sea Giant
An Electronic Bus Link (EBL) has been commissioned on North Sea Shipping's subsea construction vessel North Sea Giant, said manufacturer from Yaskawa Environmental Energy / The Switch.The technology, a key element in a retrofitted Wärtsilä hybrid solution, connects the 18,151 GWT vessel’s DC-Hubs, providing complete redundancy, enhanced efficiency and significant fuel savings. Thanks to the EBL, the advanced DP3-class vessel can now conduct demanding operations using one engine…
ITC Faces Added Costs for March Fire & Spill
The costs of a massive fire and chemical spill at a Houston petrochemical facility have begun trickling out, with a local official on Monday estimating emergency response costs at $800,000 for the first two weeks of the disaster alone.A blaze at Mitsui & Co Ltd's Intercontinental Terminals Co (ITC) petrochemical facility in Deer Park, Texas, last month released cancer-causing chemicals into the air and waterway that connects Houston to the Gulf of Mexico…
Towing Vessel Sinks in Louisiana
A sunken towing vessel has reportedly discharged oil and is blocking the channel in Pass a Loutre near Venice, La., the U.S. Coast Guard said on Monday.The Coast…
DESMI Launches KaziCat Workboat
DESMI KaziCat is a true Multi-Purpose Catamaran Vessel despite its compact size; just below 24 meters at waterline and 9.6 meters in width. Meaning it fulfills the MCA category 2 requirements allowing operation up to 60 nautical miles from safe haven.What is unique for this vessel is its modular design concept allowing shift of operation mode within the hour. The KaziCat can carry up to 4 x 20’ ISO…
DCM Completes Rudder, Steering Work for Icebreaker
In an important milestone in the build of the Antarctic Supply Research Vessel (ASRV) Nuyina for the Australian government’s Antarctic Division, Damen Marine Components (DMC) has completed the supply and installation of a number of critical systems. These had to be fabricated to exceptionally high standards to cope with the ice that the vessel will encounter in the Southern Ocean. DMC, under its Van der Velden Marine Systems brand…
CCG Provides Icebreaker Nod for Seathigor
Thordon Bearings has received a Canadian Coast Guard contract to supply six award-winning SeaThigor shaft seals for retrofit installation to three purpose-built icebreakers.The 5,910grt CCGS Pierre Radisson, named after the 17th-century French fur trader and explorer, along with sisterships CCGS Amundsen and CCGS Des Groseilliers, will each be retrofitted with two SeaThigor forward seals during scheduled drydockings over the next year.The order…
FUELTRAX Confirms Compatibility with Opsealog
Opsealog partnership with FUELTRAX confirms real-time data availability for mutual clients.FUELTRAX, the industry pioneer and vanguard for electronic fuel monitoring systems (EFMS), formalizes compatibility with data integration service provider, Opsealog.FUELTRAX is a smart, self-contained, marine fuel management solution, which protects assets and ensures security of fuel, compliance, and optimized vessel performance.
ClassNK Releases Cyber Security System
Classification Society ClassNK has released its Cyber Security Management System for Ships.As part of the ClassNK Cyber Security Series, ClassNK regularly releases guidelines and standards that outline cyber security measures based on the recently-released ClassNK Cyber Security Approach that outlines ClassNK’s basic approach to ensuring onboard cyber security for ships.The Cyber Security Management System for Ships provides guidance on ensuring…
Stena’s NextGen Ferry Floats Out in China
Ferry company Stena Line has achieved another major milestone in its fleet investment program with the ‘float out’ ceremony of the second vessel in its new generation E-Flexer series.The second vessel will be named Stena Edda and follows the Scandinavian heritage decided for the five new vessels that are being constructed at the Avic Weihai Shipyard in China.Stena Edda just before the water started…
Drewry: After the sugar rush
Following the tariff-induced cargo rush of late-2018, container shipments from Asia to West Coast North America dived in Q1, denting carriers’ hopes of securing higher annual contracts.Things can change very quickly in the Transpacific container market. In our previous analysis of the Asia-West Coast North America trade at the end of last year, the market was booming with eastbound spot freight rates at a six-year peak.
BMA Appoints Hutchinson as MD, CEO
The Bahamas Maritime Authority (BMA) announces the appointment of Captain Dwain E. Hutchinson as its Managing Director and Chief Executive Officer. Captain Hutchinson succeeds Commodore Davy F. Rolle, who stepped down as Director last year.Captain Hutchinson is a proud Bahamian from Nassau, New Providence island, where he completed his tertiary education before commencing his maritime studies in Scotland at Glasgow College of Nautical Studies.
MN100: The Best 100 firms in the Brown Water Sector
Is your company a Top 100 performer? The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business.
WASHINGTON WATCH: A Tale of Two Fleets
Mixed Government Support for U.S. Shipbuilding.It has been a busy start to the 116th Congress for the U.S. shipbuilding industry, with three congressional hearings in early March focused on the industry’s role as a critical component of the U.S. national security industrial base. In addition, the Consolidated Appropriations Act, 2019, which was signed into law on February 15, contained mixed news for shipbuilding programs.
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