USS Fitzgerald Refloated
The guided-missile destroyer USS Fitzgerald launched from dry dock and is moored pier-side in Mississippi, a step closer to being fully repaired after a 2017 collision that left seven sailors dead…
Keppel Bags $118mln Upgrading Contracts
Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS)…
Tristar Orders Six Tankers at Hyundai Mipo
The Dubai-based Tristar Group announced that it has signed firm contracts for six new build 25,000 MT DWT, IMO Type 2 Oil and Chemical Tankers with South Korea shipbuilder…
Abadan Ports Exports Up 56% in 2018
Abadan, Arvandankar and Choabdeh ports experienced an increase of 56% in 2018, says Iran's Ports and Maritime Organization (PMO).Abadan ports and maritime management…
DP World, SMS Launch Boxbay
Global ports operator DP World and industrial engineering firm SMS Group announced "Boxbay", a new and 'smart' shipping container storage system that aims to change…
Riga, Qingdao Sign Port Cooperation Pact
The Freeport of Riga in Latvia has announced that it has signed a cooperation agreement with the Port of Qingdao in China, one of the ten busiest ports in the world.According to a statement…
MOL Buys Reliance Ethane Carrier Fleet
Japanese shipping giant Mitsui OSK Lines (MOL) will buy Reliance Industries (RIL) stakes in Singapore-based Reliance Ethane Holding (REHPL) which has a fleet of…
Waruna Selects Videotel for Crew Training
The Indonesia-based Waruna Group has signed up to Videotel Performance ManagerTM (VPM), a solution for maritime training developed by KVH-Videotel.Waruna Group…
Damen Launches BC Ferries Duo
Dutch shipbuilder Damen has launched two, 81-metre road ferries for the Canadian ferry operator BC Ferries at its Galati shipyard in Romania.Damen Shipyards Group…
ZIM Joins TradeLens Blockchain Platform
The cargo shipping company in Israel, ZIM Integrated Shipping Services announced that it has signed on as a member of TradeLens, a blockchain-enabled digital shipping…
LNG Oversupply to Turn into a Shortfall
Among the reasons oil companies are latching onto gas as the energy transition looms are that it’s plentiful, future demand growth outstrips oil and it has relatively low carbon intensity…
Alfa Laval, MAN Energy Solutions Join Forces
In partnership with MAN Energy Solutions, the Alfa Laval Fuel Conditioning Module (FCM) LPG has undergone successful tests with the first two-stroke, high-pressure…
Eimskip, Royal Arctic Line Pact Okayed
The oldest shipping company in Iceland Eimskipafélag Íslands (The Icelandic Steamship Company), also known as Eimskip, said that its collaboration with the national…
DNV GL Certifies Arkona Offshore Wind Farm
Norwegian testing and advisory company DNV GL said it awarded the Arkona Offshore Wind Farm with the project certificate.The certification was carried out according…
DFP: New Florida Yacht Repair & Refit Facility
Earlier this week, after a nearly year-long process, the Ft. Pierce and St. Lucie County and Derecktor Shipyards signed a long-term agreement for the development and operation of a megayacht maintenance, repair and refit facility at the Port.According to Derecktor the new shipyard will be unique in the U.S. as it is reportedly the first facility designed and built specifically toaccommodate power and sailing yachts in the 200 ft. plus range.Derecktor Ft.
Zeaborn Takes Full Ownership of Zeamarine
The ZEABORN Group has signed an agreement to acquire the remaining ownership interests in ZEAMARINE held by New Mountain Capital.The ZEAMARINE joint venture was formed in August 2018 when New Mountain Capital and ZEABORN agreed to combine the commercial activities of Intermarine, ZEABORN Chartering and Rickmers-Line under the umbrella of ZEAMARINE, creating one of the world’s largest MPP carriers.The most recent transaction is subject to approval from the antitrust authorities.
ABS Teams with Industry on Boxship Safety
ABS and representatives from the Cargo Incident Notification System (CINS) form a joint industry project to develop best practices for carriage of dangerous goods. ABS and leaders representing the Cargo Incident Notification System (CINS) are teaming up to develop actionable recommendations to help mitigate risks posed from the stowage of dangerous goods on containerships.ABS has been working with CINS members over the past six months to develop best stowage strategy guidelines.
Moose Boats wins Rochester NY FD Contract
Moose Boats, a boat designer and manufacturer in the San Francisco Bay Area, was awarded a contract from the City of Rochester, New York Fire Department for the construction of the first M2-38 Fire Rescue Catamaran to be delivered to the Great Lakes. Twin Cummins 425hp turbo diesel propulsion engines, Twin Disc transmissions and Hamilton water-jets will power the M2-38 aluminum catamaran. Rochester Fire's new Moose Boat will be equipped with a fire pump system flowing over 1…
A New York State of Mind
“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind. First, this new energy development is deliberate – not left to chance or laissez faire markets.
Navios Maritime Discloses Sale, Leaseback Deals
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $103.2 million sale and leaseback transaction…
