MRS '19 Wraps Up @ SUNY Maritime
“The decrease in state spending on higher education is what keeps me awake at night” is how RADM Michael Alfultis, President, SUNY Maritime College, neatly summarized the biggest challenge he faces as the leader of one of the U.S.’ leading maritime universities. “With a small student body (about 1700), the numbers simply don’t work,” noting that while state funding 15 years ago covered two-thirds of the college’s operating expenses…
Baltic Index Posts Losses for Fifth Straight Week
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Friday to register its fifth consecutive weekly decline, as softer panamax and supramax rates offset an uptick in capesize demand.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 7 points to 1,357.* The index posted losses for the 5th straight week…
Ocean Infinity Mobilizes Normand Frontier
Subsea technology and data company Ocean Infinity announced the launch of its third vessel, Normand Frontier. The vessel has now been mobilized, having been signed on a three-year year charter with the Norwegian ship owner Solstad Offshore, in December 2018.The Normand Frontier is a modern, fuel-efficient, multipurpose vessel capable of both supporting autonomous underwater vehicle (AUV) and unmanned surface vehicle (USV) operations, as well as deepwater search and recovery services.
Maersk: Container Outlook Uncertain
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Training Tips for Ships: Taking the Stress out of Tests
We must assess our trainees. Yet we have all heard the complaints they raise about assessments: “I am a bad test-writer”, “this test was much more difficult than I expected”, “I know the material but I did not understand the questions”, “I was nervous, and my mind went blank”, etc. These are not the occasional concerns of weak or lazy trainees – they are the norm. And we must listen because our trainees…
CWind Orders Hybrid Crew Transfer Vessel
Isle of Wight shipbuilder Wight Shipyard Co (WSC) has been contracted by CWind to build the world’s first hybrid surface effect crew transfer vessel, to service…
Mammoet Signs Offshore Wind with NY Port
Dutch heavy-lift firm Mammoet has reached an agreement that will enable it to provide offshore wind services at the Port of Coeymans Marine Terminal, in New York.The…
Seaspan Buys Fleet of 6 Containerships
Hong Kong-headquartered Seaspan Corporation, a major player in independent containership management and ownership, has agreed to acquire a fleet of six containerships…
Thun Tankers Adds New Tanker to Gothia
Swedish shipping company Thun Tankers has taken delivery of the third of five L-class product tankers from China’s Avic Dingheng. Just like her sister ships, Thun Lidkoping and Thun London…
G2 Ocean Targets New Markets
G2 Ocean, a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, has opened a new office in Hamburg, Germany…
Ulstein Debuts Zero-Emission Offshore Ship Design
Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations.Recently, DNV GL identified the five…
Cosco Acquires Stake in Greek Intermodal Firm
OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to…
Yang Ming Sees Weaker Demand
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation takes a hit with a net loss of about USD 42 million for the third quarter and sees signs…
Hapag-Lloyd Doubles EBIT for 9 Months
German international shipping and container transportation company Hapag-Lloyd said that its earnings before interest and taxes (EBIT) in the first nine months of…
MOL Gets AiP for Containership Bow Wind-Shield
Japanese shipping company Mitsui O.S.K. Lines (MOL) announced that, DNVGL issued an Approval In Principle (AIP) to MOL and Samsung Heavy Industries (SHI) for Bow…
Arista Starts Smart Shipping Journey with ABS
Greece-based shipping company Arista Shipping has signed an ocean data agreement with the global provider of classification and technical advisory services ABS to…
LNG Imports Jump in Poland
Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has reported a jump in liquefied natural gas (LNG) imports for the first…
Diana Shipping Fixes Medusa with Cargill
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for…
Damen Collaborative Project on SAR
Dutch shipbuilding conglomerate Damen Shipyards Group, in collaboration with the compatriot high tech company Delft Dynamics and Next Ocean, has trialed a new approach…
MCI Signs EchoPilot Deal
Marine Components International (MCI) in the UK has been chosen by Denmark’s Daniamant to distribute its British-designed EchoPilot forward-looking 3D sonar systems…
