Rolls-Royce Inks Tug Deal with Svitzer
Rolls-Royce has signed a 10-year service agreement with the global towage and marine services operator Svitzer covering spare parts deliveries in six countries…
Petronas Names Second FLNG in S. Korea
Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating…
Indian Charters for CSV Southern Ocean
The construction support vessel (CSV) Southern Ocean, owned by a joint venture between Bourbon Offshore Norway and Oceanteam, has bagged two charters from an undisclosed…
Corvus ESS to Power World's 1st Hybrid SES
The Norwegian-Canadian designer and manufacturer of energy storage solutions for marine propulsion Corvus Energy announced that it has signed a contract with SEC Marine Ltd…
Orsted Raises $660m Green Finance
Denmark-based energy giant successfully issued green hybrid capital securities for €600m ($660m) to refinance existing securities issued in 2015.The latest issue…
Nigeria Ports in Pact with Port of Antwerp
The Antwerp port community and its various partners are currently on a trade mission to West-Africa, including Benin and Nigeria.A collaboration agreement was signed…
CMA CGM to Raise $2bn Via Selling Terminal, Ships
French container shipping giant CMA CGM plans to sell selected port terminals, ships and other assets to raise roughly $2 billion to finance its acquisition of CEVA Logistics…
Training for L. American Maritime Leaders
A regional workshop organized by International Maritime Organization (IMO) has provided senior maritime administration officials in Latin America with the latest…
Viet Nam Readies for Oil Spill Contingency
Work is underway to further develop Viet Nam’s national oil spill contingency plan at a workshop in Ho Chi Minh City, Viet Nam, this week (26-29 November).Forty…
Huge Potential for Asian Offshore Wind
Offshore wind industry is set to gain a foothold in new markets in the next five years, with the Asian markets playing a significant role.China has significant ambition…
Joseph Angelo Awarded Global Maritime Prize
The prestigious International Maritime Prize for 2018 has been presented to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association…
DOMESTIC DREDGING: U.S. Ports Require a Diverse Fleet
The reasons for that are many and these realities cater to regulatory, commercial and regional needs.The U.S. dredging market is complex and relies on the diverse fleet of private dredging companies to get the job done. In addition to design and technical capabilities, environmental restrictions and regulations often dictate whether a trailing suction hopper dredge, cutter suction dredge, or mechanical dredge can respond to the coastal protection…
U.S. Assures Banks on COSCO Shipping Sanction Rules
The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on Chinese shipping companies it had previously sanctioned for allegedly transporting oil from Iran, in a move meant to blunt the impact of the sanctions on global shipping markets.The administration slapped sanctions on Sept 25 on Dalian units of Chinese shipping company COSCO, a move that pushed global freight costs to record highs.
SCHOTTEL Propels World’s Largest LFC
SCHOTTEL has been awarded orders in the Norwegian fishery segment. Sefine Shipyard in Turkey has won the contract to build the largest live fish carrier in the world. Ordered by the Norwegian company Frøy Rederi, the Møre Maritime-designed vessel will provide space for 7,500 cubic meters of water in fishing tanks.The 83.20-meter-long and 30.90-meter-wide LFC is powered by an advanced diesel-electric propulsion system.
Stronger Demand Bolsters Baltic Index
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched up on Wednesday, helped by stronger demand across all vessel segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels, rose 14 points, or nearly 1%, to 1,440 points, after registering its biggest one-day percentage gain in four-and-a-half months on Tuesday.
YSA Design: Cruise Ship First for BIM
YSA Design is close to completing what it believes is the first ever ship construction project to bring together everything from initial sketches to the sign-off tasks for utilities completion under one Building Information Modelling (BIM) process.The project, for an undisclosed cruise owner, saw the Oslo-based designer using the 3D tool across the conception and execution of a complete ship newbuilding.
Incat Crowther 32 Demonstrates Bespoke Design
Incat Crowther has announced the launch of Mar de Cies, an Incat Crowther 32 built by Astilleros Armon for Spanish operator Mar De Ons. Designed specifically for the operation, the vessel demonstrates many benefits of a customized design solution.The vessel is designed for a low propeller draft to allow access to shallow docks.The main deck seats 218 passengers at tables, with a large kiosk at the forward end. The open upper deck seats 182 passengers, for a total of 400 passengers.
Unique Group Wins COOEC Contract
Unique Group has been awarded a multi-million-dollar contract by China Offshore Oil Engineering Co., Ltd (COOEC).The contract was signed at the 2nd CNOOC Global Procurement signing ceremony held on November 7th, as a part of CIIE 2019 in Shanghai, China.Under this contract, Unique Group will design, manufacture and deliver a classed saturation diving system to be integrated on COOEC’s vessel, including technical support during and post installation.
Marlink Launches BridgeLink
Marlink has unveiled BridgeLink, a technology agnostic solutions portfolio designed to interconnect on board Operational Technology (OT) within a standardized data structure.BridgeLink addresses compatibility and interfacing challenges by providing an open, technology agnostic platform for unifying on board equipment and sensors with network infrastructure and satellite IP connectivity, so that data from any system can be accessed…
"Narcosubmarine" a First for Europe -Spanish Officials
The discovery of a submarine carrying 3,000 kg (3.3 tons) of cocaine off the coast of Spain marks a "historic" turning point in the battle against drug trafficking, Spanish authorities said on Wednesday.Police described it as the first "narcosubmarine" to be intercepted in Europe, adding in a statement that it had been found in waters off the northwestern region of Galicia on Saturday, stuffed with…
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