Strong Volumes Drive Growth for SC Ports
South Carolina Ports Authority (SC Ports) reported a stellar performance in the first four months of the fiscal year backed by strong volumes in both containerized and vehicular cargo.S.C.
Diamond S Shipping Sells MR Vessels
Diamond S Shipping Inc, the owner and operator of crude oil and product tankers, has sold two 2008-built MR vessels, the Atlantic Aquarius and Atlantic Leo, generatingā¦
SGRE Wins Hai Long 2 OWP
Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshoreā¦
Hyundai Seeks EU's Ok to Acquire Daewoo
South Koreaās leading shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has submitted an application to the European Union for approval for its takeoverā¦
Gasum on an Acquisition Spree
Finland-based integrated gas company Gasum takes steps forward in its growth strategy by acquiring AGAās Clean Energy business and Nauticorās Marine Bunkering businessā¦
Sinopec Builds 100 Barge VLSFO Fleet
Chinese energy giant China Petroleum & Chemical Corporation (Sinopec) is planning to build a fleet of 100 barges over the next three years as part of its missionā¦
HHLA Reports 8.3% Growth in Revenue
Hamburger Hafen und Logistik AG, HHLA, the company that operates three out of four of Hamburgās container terminals, continued its positive performance in the firstā¦
Liebherr Crane Loads Massive Oil Platform
Mexican crane and heavy haulage contractor ESEASA used its Liebherr LR 13000 crawler crane for the first time to load oil platforms onto barges at the port cityā¦
Hapag-Lloyd Appoints New CFO
Hapag-Lloyd AG appointed Mark Frese to the Executive Board effective November 25, 2019. On March 1, 2020, he will become the new Chief Financial Officer (CFO), replacingā¦
Teekay Expects Strong Tanker Market
The tanker market fundamentals are expected to be strong through the upcoming winter months and into 2020 on the back of firm tanker tonne-mile demand, low fleet growth over the next two yearsā¦
Norway Supports GreenVoyage-2050 Project
Partnerships and innovations are essential to combat climate change through reductions in GHG emissions. Norway has provided an additional NOK 40,000,000 (US$4.3.
Three New Damen FCS Patrol Vessels for SR Platforms
In one week Damen Shipyards Group has launched an FCS 3007 Patrol vessel and, in cooperation with the same owner, SR Platforms, successfully completed the sea trials of two FCS 4008 Patrol vessels. This brings the number of Damen ships in SR Platformsā fleet up to four, following the delivery of its first FCS 3307 Patrol in October 2015.These milestones follow the contract signings taking place just a few months earlierā¦
China to invest billions in Brazilian Port
China will make a billion-dollar investment in the Brazilian port of Sao Luis via China Communications Construction Company, two sources with direct knowledge ofā¦
NTSB Issues Duck Boat Safety Recommendations
U.S. federal officials are calling for new safety rules following the fatal sinking of a Missouri amphibious passenger vessel in July 2018.Seventeen of the 31 people aboard the modified WWII DUKW amphibious passenger vessel, or "duck boat", Stretch Duck 7 died, when the vessel sank during a rapidly developing high-wind storm on Table Rock Lake near Branson, Mo.As part of its ongoing investigation into the July 19ā¦
Maritime 2050: Facing the Decarbonization Challenge
The International Maritime Organization (IMO) greenhouse gas (GHG) strategy signals a true game changing moment for the shipping industry. External pressure was building, but the IMO strategy sets a time line and goals for shipping to tackle one of the great challenges of our time. The GHG strategy gives our latest Maritime Forecast to 2050 its focus, and with this publication we attempt to set outā¦
Normand Clipper Secures Long-term Contract
Norwegian ship owner Solstad Offshore said it has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for CSV Normand ClipperThe contract will commence in the first quarter of 2020 and have a duration of three years firm plus five years options thereafter.Global Offshore will utilize the vessel to support cable lay operations within the renewable energy and oil and gas sectors.
Kongsberg Fishery Simulator for Greenland
Nine commercial fishery companies have donated in total $471,587 to Danish training institute, the Greenland Maritime Center, for investment in a state-of-the-art K-Sim Fishery simulator from Kongsberg Digital.A first of its kind in the Kingdom of Denmark, the K-Sim Fishery simulator will enable students to gain vital competence in diverse fishery situations, including aft deck operations, and is scheduled for installation in 2020.Introduced by Kongsberg Digital in 2018ā¦
RINA, VRMedia Kiber Team
Classification society RINA signed an agreement with VRMedia, an augmented and virtual reality company, to boost the development of remote inspection technologies to carry out ship inspections using VRMediaās Kiber system.Kiber is a wearable hardware and software fully integrated system for remote assistance, that allows the consultation and sharing of real time information between several participants through augmented reality tech.With the Kiber Helmetā¦
MAN ES: Next-Gen Controller Platform āTritonā
MAN Energy Solutionsā electronic āMEā engine portfolio has reached another milestone with the announcement that its āTritonā platform recently passed its TAT (Type Approval Test) in Japan.Developed at MAN Energy Solutionsā Two-Stroke Business Unit in Copenhagen, Triton is based on the experience accumulated over more than 20 years in the development and production of mission-critical electronics. The TAT was carried out on an engine provided by MAN Energy Solutionsā two-stroke licenseeā¦
HII Cuts Steel on USCG Cutter Calhoun
Huntington Ingalls Industriesā (NYSE: HII) Ingalls Shipbuilding division started fabrication of the U.S. Coast Guardās newest Legend-class national security cutter (NSC) Calhoun (WMSL 759) . The start of fabrication signifies that the first 100 tons of steel have been cut."Each new ship in this class has been an exciting opportunity to build on our legacy," said Jay Boyd, Ingalls' NSC program manager.