HHI Group Inks Deal to Acquire DSME
Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed on Friday a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering (DSME), in the presence of Kwon Oh-gap, Vice Chairman & CEO of HHI Holdings; Ka Sam-hyun, President & CEO of HHI; and Lee Dong-gull, Chairman & CEO of KDB.Under this definitive agreement that builds on the heads of agreement signed between HHI and KDB on January 31…
Vigilance Essential In Indian Ocean "High Risk Area"
The Round Table of international shipping associations plus the OCIMF representing the global shipping and oil industry have announced the geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced, with new advice issued to merchant ship operators.The High Risk Area reflects the area where the threat from piracy exists, whilst recognizing the ongoing containment of pirate attacks in the Indian Ocean.
Iranian Navy Thwarts Pirate Attack on Oil Tanker
Iranian naval forces intervened to repel pirates who attacked an Iranian oil tanker in the Gulf of Aden, state television reported on Friday.The broadcast said pirates…
Wärtsilä to Provide BWMS for Eletson's Tankers
The technology group Wärtsilä’s dual technology option for Ballast Water Management Systems (BWMS) will enable Greece based operator Eletson Corporation to have its entire fleet retrofitted from a single provider. A total of 23 product oil, chemical, and LPG carriers of the company’s fleet will be retrofitted with up to 69 Wärtsilä BWMS units, comprising of both their Aquarius UV (ultra-violet) and Aquarius EC (electro-chlorination) systems.
Seaways International Takes Delivery of Two Damen FCS 2206
On March 4th at Damen Shipyards Singapore, Seaways International took delivery of two Damen Fast Crew Suppliers (FCS) 2206. The Dubai-headquartered company has previously operated a Damen FCS 3307. Seaways International specializes in offshore marine services and will use the new vessels to transport crew to offshore energy locations in West Africa.Damen signed the contract with Seaways International on May 9, 2018.
IRClass Wins ASW Corvettes for Indian Navy
The Indian Register of Shipping (IRClass) has won an order for providing classification services for a series of 8 Anti-Submarine Warfare Corvettes to be constructed for the Indian Navy. The order was awarded under competitive bidding in which other classification societies participated, after qualifying stringent technical requirements.The ships are to be constructed at the Garden Reach Shipbuilders & Engineers Ltd…
Towboat Sinks in the Mississippi River
Five crewmembers have been rescued from a towing vessel that sank in the Mississippi River near Laplace, La., Thursday, the U.S. Coast Guard said.At approximately…
DOT's Marad: Small Shipyard Grant Program Underway
Marad announces Small Shipyard Grant Application deadlines, conditions and rules.Under the Small Shipyard Grant Program, $19,600,000 is currently available for grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration. This notice announces the intention of the Maritime Administration to provide grants to small shipyards.
Pirates Thwarted in the Gulf of Aden
Iranian naval forces intervened to repel pirates who attacked an Iranian oil tanker in the Gulf of Aden, state television reported on Friday.The broadcast said pirates…
100+ Cruise Ships to call in at Rotterdam in 2019
AIDA Cara opened the Cruiseport Rotterdam cruise season yesterday (March 07) as the vessel arrived at 07.30 hours at the Holland Amerikakade, right next to the AIDA…
All-Female Crew Sails Waters in Latin America
As part of its gender inclusion initiatives in the nautical industry, towage operator, Svitzer hired the first 100% female crew for the Dominican Republic.Santo Domingo, Dominican Republic.
Morrison Acquires Pipelay and Diving Fleet
The provider of comprehensive services to oil and maritime companies, Chet Morrison Contractors (Morrison) has acquired two pipelay/construction barges and a saturation…
Fincantieri Pact with Genova Industrie
Two Italian shipbuilders - Genova Industrie Navali (GIN), a holding company by two historic Genoese shipyards, T. Mariotti and San Giorgio del Porto, and Fincantieri…
US to Overtake Saudi in Oil Exports
United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production from US shale plays and the increased oil export…
Scrubber Safe for Environment: Carnival
Carnival Corporation has released the results of an independent, two-year scientific scrubber wash-water study.The study shows the company’s advanced air quality systems (i.e.
Indian Container Trade Grows 6%: Maersk
India’s containerised trade grew 6 per cent during the last quarter of 2018, with the western region outperforming the other three regions in Q4 trade.A report released…
Guadalquivir Completes Repair of Two Vessels
Guadalquivir Shipyards in Spain has announced that it has undertaken two repairs at the dry dock of the Seville shipyard last month.The Nassau-flagged reefer ship Green Magic (built in 1990…
Vancouver Port Cargo Volumes Hit Record in 2018
The Vancouver Fraser Port Authority has released the 2018 year-end statistics for cargo through the Port of Vancouver. The second consecutive year of record cargo…
World Bank Targets Offshore Wind Markets
The World Bank Group announced a new program to advance the adoption of offshore wind energy in developing countries and emerging markets.The World Bank and International…
Mossel Bay Port Ready to Serve Total
South Africa’s smallest commercial port, the Port of Mossel Bay is well equipped to provide value following global energy giant Total’s significant gas condensate discovery on the Brulpadda prospects…
