ABS holds 157th Annual Meeting
The 157th Annual Meeting Hears How Safety Leadership is Driving Sustainability in Maritime. ABS held its 157th Annual Meeting on Tuesday, detailing the organization’s performance and future focus to its members. “In 2018, we delivered solid, top-tier performance. We maintained leading positions with owners and builders, held our 70-year-strong top position in the offshore market, and led the industry for safety…
DESMI's BWMS Entry Earns USCG Type Approval
The DESMI Ocean Guard CompactClean Ballast Water Management System (BWMS) has received US Coast Guard Type Approval. This approval comes just a few months after the CompactClean BWMS received IMO type approval and means that the system is now approved for worldwide operation.On April 16, 2019 DESMI Ocean Guard’s CompactClean Ballast Water Management System (BWMS) received US Coast Guard (USCG) Type Approval.
“It’s the steel production, stupid!”
BIMCO's Peter Sand, in a new report, weighs in on the implications for the Dry Bulk sectors.Chinese imports of iron ore keep falling, while its crude steel production keeps growing. China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Capesize ships are impacted by this, way beyond the temporary iron ore export disruptions…
Warren as Prez Would Ban New Offshore Drilling
U.S. presidential candidate Elizabeth Warren said she would ban all fossil fuel extraction on federal land and in coastal waters, setting herself apart from a crowded field of Democratic hopefuls who have made climate change a central campaign issue but have yet to outline specific policies. Warren said in a post on Medium that she would sign an executive order on her first day in office for a "total…
Italy's Salvini: Terrorist presence on migrants boats "a certainty"
Chaos in Libya following General Khalifa Haftar's offensive has increased the risk of terrorist presence on migrant boats headed for Italy, Interior Minister Matteo Salvini said, adding the country's
Mitsui OSK Lines Adds Six VLECs to Fleet
Japan's Mitsui OSK Lines Ltd. will add six very large ethane carriers (VLECs) to its fleet through an investment deal with Reliance Industries Ltd, the Indian conglomerate…
HMD: Contracts Up 14.5%
Hyundai Mipo Dockyard reports that is has signed contracts worth $434 Million In March 2019, which is up 14.5 percent from contracting activity during the same month a year earlier.
Tennet Relocates Submarine Cable from Borssele
The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone "Borssele" to the transformer station."TenneT has laid…
New Mega-Yacht Repair Center Coming in Florida
St. Lucie County Commissioners approved a 30-year contract with Derecktor Shipyards of Dania Beach to lease land from the county and operate a mega-yacht repair…
Fincantieri Delivers FREMM Frigate to Italy
The newbuild multi-purpose frigate Antonio Marceglia was handed over to the Italian Navy at Fincantieri’s shipyard in Muggiano on Tuesday, April 16.It is the eighth…
AMCF Calls for Greater Cooperation
The third edition of the Asian Marine Casualty Forum (AMCF) concluded with delegates calling for greater cooperation and continuing dialogue to address the major…
Austal Cuts Steel for Fred. Olsen Ferry
Australian-based global ship building company Austal Limited has commenced construction of the second of two 118 metre high-speed passenger trimaran ferries for Fred.
GTT LNG Tank Ordered for Hapag-Lloyd Retrofit
French LNG containment specialist GTT has been notified by the Chinese shipyard Hudong-Zhonghua Shipbuilding for the design of the LNG Fuel tank as part of the retrofit…
JAPEX Begins Drilling at Offshore Hokkaido
Japanese hydrocarbon exploration, production and transportation company, Japan Petroleum Exploration Co., Ltd. (JAPEX) has started the exploratory drilling at offshore…
Floatel Gets Martin Linge Extension
Swedish contractor Floatel International has received a new extension from Equinor for its accommodation unit Floatel Superior at the Martin Linge Field Development…
New Cruise Ship Terminal in Queensland
Brisbane has launched the construction of the new International Cruise Terminal, heralding the start of a new era for Queensland's economy.The $158 million project…
Songa Bulk Merge with Axxis Geo Solutions
Norway-based Songa Bulk AS, an investment vehicle established to invest in dry bulk assets, has made an agreement to merge with company Axxis Geo Solutions (AGS).Per deal…
Frank Coles Charts New Strategy for Wallem
The maritime solutions company with expertise in ship management Wallem said that it has updated its corporate identity to mark the beginning of a shift in its…
Asia: Robbery Reduced by 52% in Q1
A total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia during January-March 2019…
GTT's Vessel Order Book Hit Record
French technology company Gaztransport & Technigaz (GTT) announced that with 14 orders for LNG carriers booked in the first quarter of 2019, its main business activity…