"K" Line Secures Woodchip Carrier Contract
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced that an agreement has been made with Nippon Paper Industries Co. Ltd., on consecutive voyage contract of new 3.6…
Diversity, Tech on Tap at WISTA Conference
A top hostage negotiator, the CEO of a company which supplies environmental products to ship owners and operators and the heads of two maritime technology firms are all part of an impressive line-up of speakers scheduled to speak at the 2019 Women’s International Shipping & Trading Association (WISTA) AGM & Conference which takes place next week from Tuesday, October 29, to Friday, November 1. The…
Crew Members: the Key to Greater Efficiency
Ship operators are placing greater recognition on the role crew members play as the key to reaching higher efficiency goals, according to crew specialist Danica, which is expanding to meet the growing demand for quality crew services.As part of its expansion plans, the company will shortly open a new office in Riga, Latvia, and more are set to follow. Danica Managing Director Henrik Jensen said: “Shipping…
NNS Delivers Virginia-Class Submarine to U.S. Navy
Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding division on Friday delivered the newest fast-attack submarine to the U.S. Navy.Delaware (SSN 791), which successfully completed sea trials earlier this month, is the ninth Virginia-class submarine to be delivered by Newport News and the 18th built as part of the teaming agreement with General Dynamics Electric Boat.The submarine is the second ship to be named for the country’s first state…
Baltic Index Inches Up on Stronger Capesize Demand
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged up on Monday, supported by increased demand for capesize vessels.* The Baltic index…
COATINGS: Chasing Better Prospects
As the offshore industry recovers, choosing the right hull coating for those newly activated assets will be equally important.The global offshore support vessel (OSV) market is still recovering from a protracted slump, but thankfully momentum is now returning with predictions for significant activity for OSV’s ahead. As summarized in a report by market analysts Grand View Research, projections are…
Hurricane Pablo Eases, Will Weaken Further: NHC
Hurricane Pablo decreased in intensity to become a tropical storm, with additional weakening expected, the U.S. National Hurricane Centre said on Sunday.Pablo was located about 710 miles (1,150 km) northeast of the Lajes Air Base in Azores, Portugal, with a maximum sustained winds of 70 miles per hour, the forecaster said.The tropical storm is expected to become a post-tropical cyclone by Monday morning.Reporting by Karthika Suresh Namboothiri
China, ISA to Establish Deep Ocean Center
The Secretary-General of the International Seabed Authority (ISA) Mr. Michael W. Lodge signed a Memorandum of Understanding (MoU) to establish the first ever joint…
Hybrid Icebreaker Tug VILJA Named
The most powerful ice-breaking tug of this size, TundRA 3600-H (Hybrid) tug VILJA was christened in the Port of Luleå, Sweden.The 36-metre tug is yet another significant…
Blyth Port Readies Turbine Training Facility
UK's East coast port , Port of Blyth, said that it is installing a bespoke wind turbine training facility at its Bates terminal as part of a GBP1mln investment in…
Minesto Boosts Taiwanese Presence
Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s…
Emas Goes Under Judicial Management
EMAS Offshore, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, said that its July application to be placed…
Nike Takes Arctic Shipping Pledge
Nike and Ocean Conservancy are encouraging businesses to avoid shipping routes via the Arctic Ocean, with the launch of an ‘Arctic Shipping Corporate Pledge.'As…
B.C. Backs LNG Bunkering
The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering…
POSH Terasea Liquidated After Default
PACC Offshore Services Holdings (POSH), an Asian operator of offshore support vessels, with a diversified fleet servicing offshore oil and gas E&P activities, said its joint venture…
Hamburg, India Sea Trade Up by 17%
In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought…
Kongsberg Sells KM Contros to AML
Norwegian technology enterprise Kongsberg Maritime (KM) has decided to divest KM Contros GmbH (Contros) to AML Oceanographic Ltd. (AML).Contros has 20 employees…
Virgin Hyperloop to Add $4Bln to S. Arabia
Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer…
PTS to Manage Lake House Boxship Pair
Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1…
Exmar Reports Strong Earnings for VLCCs
Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019.
