NBS Maritime Rolls out New VSAT Service
NBS Maritime, the ship supply company that provides mobile satellite communications for the maritime sector, has announced a new complete solution 'SeaDirect' for…
SL Mining Ships First Iron Ore Cargo
SL Mining, a wholly owned subsidiary of Gerald Group, has announced that its first shipment of iron ore concentrate has set sail from Freetown Port (Queen Elizabeth II) in Sierra Leone…
Aqualis completes Braemar Acquisition
Offshore engineering consultant Aqualis has completed the acquisition of the London-based Braemar Shipping Services' offshore, adjusting and marine consultancy business…
LNG Bunkering Capex $843mln in 2019
Global liquefied natural gas (LNG), bunkering market will see a capital expenditure (Capex) of $843mn in 2019, said a research report.Due to the stabilisation of prices…
USA to Dominate in LNG Capacity
The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects…
Teekay, Alpha Petroleum FPSO Deal Terminated
Teekay Offshore Partners, midstream services provider to the offshore oil production industry, said that the agreement with Alpha Petroleum signed in October 2018…
IMO Training ISM Code in Tanzania
The International Maritime Organization (IMO) said that its training on the International Safety Management (ISM) Code was conducted for nine countries in the eastern…
USCG Updates OCMI Guidance on SubM Work
The Coast Guard’s Office of Commercial Vessel Compliance has updated the Mission Management System CV-WI-010(2), Work Instruction for OCMI guidance on special consideration for inspected towing vessels.This work instruction provides guidance to OCMIs on the application and implementation of a special consideration determination for towing vessels inspected under 46 CFR Subchapter M.
​​​​Damen Welcomes Mexican Training Vessel, Cadets
Due to the port visit of the Mexican Sail Training Vessel ARM Cuauhtémoc to Scheveningen, the Netherlands, Damen Shipyards welcomed a group of officers, cadets and crew into its facilities in Gorinchem, The Netherlands. With this event, Damen celebrates its relationship of more than 40 years with Mexico, a country with some of Damen’s most important and long lasting customers.Through this relationship with Mexico…
New Armstrong NAIAD RHIB Operating in Hawaii
The 12.5m x 4.2m NAIAD RHIB Kibou recently commenced daily tours in Hawaii. The vessel was built by Armstrong Marine USA for Hawaii Experiences, which also operates the 40’ catamaran Mirai, built by Armstrong in 2017. Pacific Boats & Yachts, Armstrong Marine’s Hawaii agent, collaborated on both projects.The 40-passenger + 2 crew USCG Subchapter T vessel features NAIAD’s fender system with rub strip, and a generous shade canopy.
BIMCO: VLCC Freight Rates from Gulf to China Doubles
VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13, 2019 and June 20, 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million barrels of oil, between the Arabian Gulf and China reached USD 25,994 per day on June 20, their highest level since March and significantly above the May average of USD 9…
SCI in New Partnership with Enginei EFMS
Growing maritime sector use of electronic fuel management systems (EFMS) has prompted diesel power engineering specialist Royston to appoint a new US-based distributor for its advanced enginei technology.Standard Calibrations Inc. (SCI), a specialist measurement science company with extensive marine industry involvement, will now provide sales, installation and technical service support for the enginei EFMS across the USA.SCI…
Oceanwide Expeditions: another Ship on Order
Due to the success of our new Polar Class 6 ship, Hondius, Oceanwide Expeditions has ordered a sister ship built by the same manufacturer: M/v Janssonius is scheduled to be completed in October, 2021. She will have the same passenger capacity as Hondius (174), a nearly identical size and design, and will be a Polar Class 6 ice-strengthened vessel equivalent to a 1A super ice-class ship.Like Hondius…
Bludworth Marine Relocates HQ to Galveston
As of June 1, 2019, Bludworth Marine, LLC has relocated their corporate headquarters to Galveston, Texas. The new location, at 320 77th Street, is minutes from the Bludworth Marine 100' x 300' graving dock location and the Port of Galveston Pier 38 dockside location. This proximity will allow quicker response and service to the continually increasing marine repair service business in Galveston and surrounding areas.
Safariland Sheds Mustang Survival
The Safariland Group (“Safariland”), a provider of a diverse range of safety and survivability products for the public safety, military, professional and outdoor markets, has announced that it completed the divestiture of Mustang Survival, Inc. and its related entities (“Mustang”) to the WING Group, a leading manufacturer of inflatable sponsons, small combat craft, whitewater rafting solutions, life rafts, and marine doors and windows. Financial terms were not disclosed.
​Sverre Farstad Picks Up Blue King PSV
The new ship owning company Sverre Farstad & Co has taken ownership of a 2016-built platform supply vessel (PSV), marking a return for the Farstad name in the Norwegian offshore sector.Farstad was one of the parties behind the June 2017 three-way merger of Norwegian ship owners Solstad Offshore, Farstad Shipping and Deep Sea Supply. The new company had been called SolstadFarstad, but the Farstad name…
“Cautious Optimism” for Goltens Dubai
The global downturn in offshore energy is well recorded, a downturn which has had impact on various arms of the energy and marine supply chain. While Goltens has felt the downturn like many other companies, it is reporting 'cautious optimism' in the Middle East premised on new international regulation and the need for shipowners to upgrade ships.Almost all the offshore vessels in Dubai are operating…
Cruise Ships: Oceanwide Orders Polar Class Ship
The expedition cruise ship market maintains its torrid pace with news that Oceanwide Expeditions has orders another Polar Class 6 ship, following the success of its ship Hondius.Croatian shipyard Brodosplit, the builder of Hondius, won the follow on order for M/V Janssonius, which is scheduled to be completed in October, 2021. The 174-passenger ship will be nearly identical in size and design, complete with a Polar Class 6 ice-strengthened vessel equivalent to a 1A super ice-class ship.
Market in Focus: Tankers
NewbuildingSince the beginning of the year, 100 newbuild orders have been placed across the tanker sector. This is a considerable amount lower than the same period last year, when 140 vessels were placed. It is no surprise to see the Greeks lead the way with the highest number and largest vessels ordered, but hot on their heels are the likes of Eastern Pacific and Ocean Tankers, the Singaporean owners…
Trump Warns Tehran of Possible Attack, Calls for Talks
Iranian officials told Reuters on Friday that Tehran had received a message from U.S. President Donald Trump warning that a U.S. attack on Iran was imminent but…
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