ASCO Ships Completes Pirshagi Wastewater Treatment Plant
More than 90 percent of the construction works of the Pirshagi Wastewater Treatment Plant, funded by the Government of Azerbaijan and the Korea Export-Import Bank…
Hill International to Develop Thessaloniki Port
A consortium led by Hill International has won a contract from Thessaloniki Port Authority (THPA) in Greece to support major expansion works at Thessaloniki port.Hill International…
Castor Maritime Buys Korean Built Panamax
Castor Maritime, a global shipping company specializing in the ownership of dry-bulk vessels, announced that through one of its wholly-owned subsidiaries, took delivery of the M/V Magic Sun…
Pilbara Ports Throughput Up 6% During August
Australia's largest iron ore loading port of Port Hedland, operated by Pilbara Ports Authority, has delivered a total monthly throughput of 62.1 million tonnes (Mt) for the month of August 2019.
SFL Acquires Three VLCC Newbuildings
The international ship owning and chartering company Ship Finance International (SFL) announced that it has agreed to acquire three 300,000 dwt crude oil carriers…
Rotterdam Port to Host WPCAP
The first World Ports Climate Action Program (WPCAP) congress will take place in Rotterdam next May. The starting signal for the WPCAP was given in September 2018…
HHI to Deliver New LNG Carrier to TEN in 2021
Greek tanker company TEN announced that it is proceeding with the order of one-option-one 174,000cbm liquefied natural gas (LNG) carrier from Hyundai Heavy Industries…
IMO Workshop on e-Navigation in AsiaPac
The implementation of e-navigation - the user-friendly collection, harmonization and display of essential maritime information - will contribute to enhanced maritime…
Denmark Mulls Hormuz Naval Mission with EU Allies
Denmark's prime minister said on Friday that the Nordic NATO member is in talks with a number of European allies about an international naval mission in the Strait of Hormuz."We are looking into the p
Baltic Index Dips as Broad Demand Weakens
The Baltic Exchange's main sea freight index continued to fall on Friday, having broken a 10-day winning streak on Thursday, as rates throughout vessel segments eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 37 points, or 1.5%, to 2,462 points. The index on Wednesday hit its highest since Nov. 2010 at 2,518 points. It has nearly doubled this year.The capesize index dropped 87 points…
German NGO Calls on Malta to Take in Migrants
A German non-governmental organisation filed on Friday a court request in Malta calling on the government there to accept 13 Tunisian migrants who it said had been saved from a sinking boat in Malta's search and rescue zone.The NGO Sea Eye, which operates the rescue ship Alan Kurdi, called on Maltese Prime Minister Joseph Muscat to respect international law and order the immediate disembarkation of…
2Q Red Ink for CMA CGM Again
CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy.The French-based group said on Friday that it expected a better second half of the year, supported by previously announced plans to reduce costs and reorganise its shipping services.CMA CGM said it made a second-quarter net loss of $109 million…
Shared CTV Monitoring Drives Efficiencies for Wind Farm Ops
Shared monitoring systems that provide comprehensive insight into CTV capabilities and limitations will support safety, planning & cost reduction for offshore wind owners. Offshore wind project owners are missing out on significant cost savings, optimised “time on turbine”, and opportunities to increase the sustainability of their operations by not using crew transfer vessel (CTV) performance monitoring systems that have been created in tandem with vessel operators.That is…
Chinese, Japanese Firms Bid for Pakistan LNG Supply Contract
A spot tender by Pakistan LNG to buy ten LNG cargoes for delivery later this year has received strong interest from several companies including Japanese and Chinese firms. JERA Global Markets, a subsidiary of the world’s largest LNG buyer JERA Co, and PetroChina International (Singapore), a division of PetroChina Co Ltd, were among nine companies that have technically qualified to supply the LNG. This…
Windstar Cuts Steel for Second Star-class Ship from Fincantieri
esterday at Fincantieri’s shipyard, in Palermo, Italy, Christopher Prelog, Vice President of Fleet Operations for Seattle-based Windstar Cruises, activated the torch to make the first cut in the new steel that will become the newly constructed mid-section of the company’s new ship MS Star Legend. This is the second of three new mid-ship sections being designed and constructed as part of Windstar’s…
First X-BOW Polar Vessel Ready to Explore
The first expedition cruise vessel in SunStone’s INFINITY class series was named ‘Greg Mortimer’ at the China Merchants Heavy Industry (CMHI) Haimen base on September 6, 2019. The vessels have been designed and developed by Norway-based Ulstein Design & Solutions together with the ship’s owner and their client, Aurora Expeditions. The vessel has been delivered and is all set for her first Antarctica venture.In the combined naming and delivery ceremony…
Metal Shark Expands Into Peru
USA-based shipbuilder Metal Shark has announced its expansion into the country of Peru, with a new patrol boat order now in production, and a multiyear co-production agreement recently established with the state-operated Peruvian shipyard Servicios Industriales de la Marina (SIMA-PERU SA).The first round of Peruvian Navy maritime interdiction vessels are now being built by Metal Shark in the United States.
BMT Wins Multiple Nav Simulator Orders
BMT, a leading, multidisciplinary management consultancy, has reported phenomenal growth in sales of its maritime simulator and has just signed multiple key contracts with select cruise lines including Holland America Line, Princess Cruises, Seabourn in North America and P&O Cruises Australia. The orders for both office and ship-based licences of BMT’s REMBRANDT maritime simulator will support cruise…
MN100: ABB
At the very cutting edge of clean, modern and ultra-efficient propulsion and automation solutions, ABB takes its rightful place amongst MarineNews' prestigious 2019 MN100 winners.The Case:ABB believes that modern ships will be built on the foundation of electricity. This expands their range of viable energy sources beyond traditional fuel to for instance batteries and fuel cells. The electrical backbone…
Over 40% of Maritime Firms Fail to Fund Training
Global research recently conducted by Lloyd’s Maritime Academy has revealed that over 41% of people surveyed still receive no funding from within their business for training…
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