PSA International Buys Canada's Halterm
Singapore-based port operator PSA International has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure…
Finnlines Cuts CO2 Emissions by 30%
European ferry operator said that between 2008 and 2018 it reduced its CO2 emissions by approximately 30 per cent and confirmed that it is looking beyond IMO requirements…
Global LNG Demand 16% Up in Q2
Global liquefied natural gas (LNG) demand was 86 million tonnes (mt) in the second quarter, compared with 74 mt in the second quarter of 2018, an increase of 16%…
MOL Group On Track to Meet 2019 Guidance
Hungarian international oil and gas company MOL Group delivered an EBITDA of USD 1.15bn in H1 2019, exactly half of the full-year 2019 guidance.Upstream EBITDA was 10% lower in H1 2019 at USD 553mn…
Seanergy Maritime Completes Retrofit
The drydocking of the vessel M/V Lordship was completed yesterday (August 01), marking the first milestone in Seanergy Maritime Holdings' scrubber and ballast water…
Fishing Vessel Safety Workshop in China
Fisheries-related conventions are key tools used by flag, coastal and port States to effectively monitor and control fishing vessels and minimise the risk of illegal…
DP World Slams Djibouti Government
The global port operator DP World has accused the government of Djibouti of “complete disregard and contravention” of the global legal system as it plans to rule…
AAM Delivers High-Speed Ferry to Kitsap Transit
All American Marine (AAM) has completed construction and delivered the last of three low wake and high-speed passenger vessels built for Kitsap Transit based in Bremerton, Wa.The Lady Swift, an aluminum catamaran coupled to a composite superstructure and a dynamic carbon fiber hydrofoil, was delivered to Bremerton on Friday, July 26, 2019. The vessel was designed by Teknicraft Design Auckland, New…
Bollinger Delivers 35th FRC
USCGC Angela McShan Delivered to U.S. Coast Guard.Bollinger Shipyards has delivered the USCGC ANGELA MCSHAN, the 35th Fast Response Cutter (FRC) to the U.S. Coast Guard. The Coast Guard took delivery on the 1st of August, 2019 in Key West, Florida. Bollinger President & C.E.O. Ben Bordelon said, “We are very pleased to announce the latest FRC delivery, the USCGC ANGELA MCSHAN. Previous cutters have been stationed around the nation including Alaska and Hawaii.
U.S. to hit $300B of Chinese goods with 10% tariff
U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue."Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country.
MSC Receives BWMS Type-Approval Application
The Marine Safety Center received its 29th application for type approval for the BAWAT Ballast Water Management System Mk2 manufactured by BAWAT A/S.MSC will review…
World’s Largest Plug-in Hybrid Vessel Delivered
The world’s largest plug-in hybrid vessel, Color Hybrid, was delivered from Ulstein Verft to Color Line. With all its innovative and new environmentally friendly solutions, the ship is an important milestone project for both Ulstein, Color Line and the maritime cluster.“Strong focus on innovation and delivering quality to our customers has always been very important to us. With broad maritime expertise…
BRP Completes Acquisition of Telwater
BRP has announced the completion of the previously-announced acquisition of 80% of the outstanding shares of Telwater Pty, Ltd ("Telwater"), Australia's leading manufacturer of aluminum boats and trailers.As BRP’s third boat acquisition, Telwater’s addition to the Marine Group is another step in helping create a strong offering and foundation to expand into new markets, with the objective of transforming…
Ecochlor Expands into Japan
Focused in providing a local solution for shipowners with their ballast water management system (BWMS) regulatory challenges, Ecochlor has announced Asao Shirai will be leading the new office in Japan as Regional Business Development Manager. Mr. Shirai has a 35-year proven record of facilitating long-term business relationships with the most prestigious shipowners in Japan. Through his experience he has accumulated great respect from shipping executives at NYK Line…
Croatia moves to Boost Troubled Rijeka yard
The Croatian government said on Thursday it would help a troubled shipyard owned by Uljanik , the country's largest shipbuilder, resume production.The government…
HHI Reports Q2 Results
Huntington Ingalls Industries (NYSE: HII) reported second quarter 2019 revenues of $2.2 billion, up 8.3% from the second quarter of 2018. The increase was driven primarily by growth at HII’s Technical Solutions division from recent acquisitions and higher volume at HII’s Newport News Shipbuilding division.Operating income in the quarter was $175 million and operating margin was 8.0%, compared to $257 million and 12.7%, respectively, in the second quarter of 2018.
Nidec ASI Supplies Power Management for Megayacht
Nidec ASI - head of the Nidec Industrial Solutions platform belonging to the Nidec Group - leaders in the field of solutions for energy management in the nautical sector, has taken another important step forward in support of more sustainable navigation. The company has developed and installed the innovative Power Management System on the mega yacht Wider 165, optimizing power management on the vessel and distributing it between the staterooms…
KOTUG, Boskalis Sell Kotug Smit Shares
KOTUG and Boskalis sell Kotug Smit Towage shares to Boluda Group (Boluda).KOTUG International BV and Royal Boskalis Westminster N.V. have successfully concluded the sale of Kotug Smit Towage to Boluda Group (Boluda), in line with the initial announcement of 4 March 2019.By partnering with Boskalis’ subsidiary SMIT in 2016, KOTUG strengthened its presence in 11 ports in 4 European countries. The integration of businesses led to further growth, synergy and smarter towage operations.
GEA, Danaos Collaborate with Separators
Mile by mile better and more efficient: With the new GEA marine Separator 35 GEA supports its long-standing customer and partner Danaos Shipping, Greece. With a fleet of 60 container ships, Danaos Shipping ranks among the top 3 in the Greek shipping business. The company was founded in 1972 by Dr. Dimitris Koustas. Today, his son, Dr John Koustas, who also has more than 30 years of extensive experience in the shipping industry, is President and CEO.
First Damen MAD3500 Dredger Launched
The first of Damen’s new Marine Aggregate Dredger class, a 103.5 meter MAD 3500, has been launched at Damen Shipyards Galati (DSGa) in Romania. The vessel, to be named the CEMEX Go Innovation, is the result of close cooperation between CEMEX UK Marine and Damen and represents the first of a new generation of efficient and economical dredgers specializing in the extraction of sand and gravel from the…
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