Foreship Expands to Hamburg
Naval architect and marine engineering company Foreship plans to establish a new business entity in Germany, targeting January 1, 2020 as the launch date for Foreship GmbH.The move is designed to forge closer ties with German owners, shipyards and marine engineering companies to better service existing customers and attract new ones. Foreship GmbH will be led by Managing Director Olli Somerkallio,…
Design Complete on Floating Bauxite Terminal
Rocktree Consulting completed the front-end engineering and design (FEED) for a new floating terminal for the Bauxite Hills Mine, operated by Australia’s Metro Mining Limited.Bauxite ore is the world’s primary source of aluminum. Australia, Guinea and Brazil are the largest suppliers of bauxite to the seaborne market, while China is the main buyer.The FEED work forms part of an updated Definitive Feasibility Study (DFS) for the Stage 2 expansion of the Bauxite Hills Mine…
Baltic Index Down On Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, extended losses to a fourth straight session on Tuesday on tepid demand for capesize vessels.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 34 points, or 2.5%, to 1,304, its lowest since June 25.* The capesize index dropped 60 points, or 2.3%, to 2,543 points.* Average daily earnings for capesizes…
Bourbon Mobility Adds Onboard Entertainment
Offshore passenger transportation provider Bourbon Mobility has partnered with Moment to provide an entertainment offer on board its vessels.In an effort to enhance its transport service of staff to oil platforms in West Africa, Bourbon Mobility has opted to have its fleet of Surfers outfitted with portable streaming servers, which enables passengers to access movies, documentaries and games on their mobile devices throughout their journey.
US Funds $30 million for Coastal Flood Protection
The U.S. government's oceans and waterways agency will provide $30 million to improve coastal resilience, officials said, aiming to reduce the impacts of worsening storms, flooding and rising seas in nearly half of U.S. states.Grants through the program are designed to restore or expand coastal wetlands, dunes, reefs, mangroves and barrier islands that are key to coastal protection, said the National…
New GM for Havyard Ship Technology
Lasse Stokkeland has decided to leave his position as general manager of Havyard Ship Technology AS (HST), and the Board has appointed Erlend Hatleberg as the new general manager.Hatleberg…
Inspection Gaming App for Seafarers
The latest offering Anglo-Eastern, from the Hong Kong-based ship manager, is an educational gaming app aimed at reducing shipboard deficiencies.Launched during Hong Kong Maritime Week, “Vessel Inspector” is a gaming app that encourages players to compete against their peers towards achieving zero deficiencies. The objective is to enhance situational awareness skills in a competitive gaming environment…
Shell Marine Wins Contract for COSCO
Shell Marine won a contract to supply lubricants for five 62,000 dwt multi-purpose pulp carriers due delivery to COSCO SHIPPING Specialized Carriers Co Ltd in 2019 and 2020.The lubricants contract calls for delivery of the two-stroke engine cylinder oils Shell Alexia 100 and Shell Alexia 40 and the multi-functional lubricants Shell Melina S30 and Shell Argina S3 40. Alexia 100 and Alexia 40 are part…
New Contracts, Extensions for MMA Offshore
MMA Offshore, the provider of marine solutions and expertise to the offshore oil and gas industry, has been awarded a number of new contract awards and extensions.AGR…
SAExploration Wins $130Mln of New Projects
Houston-based global seismic services company SAExploration announced a combined $130 million of new projects in Alaska, Canada and the Middle East.According to…
BW Offshore Completes Bond Issue
BW Offshore, a provider of floating production services to the oil and gas industry, has successfully completed a NOK 900 million senior unsecured bond issue with…
Shearwater Bags 4D Seismic Gig in APac
Shearwater GeoServices, a marine geophysical services company, has been awarded the largest-ever 4D seismic campaign in the Asia/Pacific region covering up to six…
Rhenus-Arkon-Shipinvest Orders 4 Vessels
German shipping company Rhenus-Arkon-Shipinvest has placed orders for the first four environmentally-friendly vessels known as Hanse Eco Short Sea Coasters.The short…
Chantiers de l'Atlantique Extends Nexans Gig
French player in the cable and optical fiber industry Nexans S.A. said that it has secured a 5-year contract extension with the compatriot shipbuilding giant Chantiers…
Euroseas Acquires Four Containerships
Greece-based provider of seaborne transportation for containerized cargoes Euroseas announced that it has entered into agreements to acquire four 4,253 teu containerships built in South Korea…
Teekay Adds 5th Arc7 LNG carrier
Teekay LNG Partners, the liquefied natural gas (LNG) carrier owner and operator, has taken delivery of its newest Arc7 icebreaking LNG carrier.According to company sources…
HMM Joins “Getting to Zero Coalition”
South Korean shipping giant Hyundai Merchant Marine (HMM) has joined the Getting to Zero Coalition, a new alliance that aims to accelerate international shipping’s…
Oil Majors to Raise $27Bln in Selling Spree
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad…
ABPmer Maps Shipping Cargo Value
Marine Management Organisation (MMO) has published results of a project undertaken by the UK-based marine consultancy ABPmer, to develop a method to assign values…
Shell Marine Bags COSCO Lubes Contract
Shell Marine has secured a contract to supply lubricants for five 62,000 dwt multipurpose pulp carriers that will be delivered to COSCO Shipping Specialized Carriers…
