Vestas Wins Intertidal Project in Vietnam
Danish wind turbines manufacturer Vestas Wind Systems secured a 50 MW order with Cong ty Co Phan Dau Tu Dien Gio Hoa Binh 1 (Hoa Binh 1 Company), a company owned by Phuong Anh Group.
Evac Appoints Tapio Kolunsarka as CEO
Evac, a supplier of integrated waste, wastewater, and water management systems for the marine, building and offshore sectors, has appointed Tapio Kolunsarka as new…
Costa Smeralda Floated Out
Italian cruise line Costa Cruises said that Costa Smeralda is the first ship in the Costa fleet to be fueled by liquefied natural gas (LNG). "This is a step change for the cruise industry as a whole…
2 Shahid Ports Join Chabahar
The Members of Parliament (MPs) of Iranian Parliament (Majlis) approved the general outlines of a bill on attaching Shahid Kalantari Port and Shahid Beheshti Port…
Carnival Delays Launch of Mardi Gras Ship
Florida-headquartered international cruise line Carnival Cruise Line announced that the debut of its newest ship, Mardi Gras, will be pushed back until Nov. 14,…
Grindrod Eyes Stake in IVS Bulk JV
Singapore-headquartered provider of maritime transportation services in the drybulk and product tanker sectors, Grindrod Shipping Holdings is planning acquisition…
Yılport Awaits 2 STS, 6 E-RTG Cranes
Yilport Puerto Bolivar, Ecuador’s first deep-sea terminal, will soon have a new fleet of ship-to-shore (STS) and electrified rubber tired gantry (E-RTG) that set sail from Oita…
Euronav Sells, Leaseback 3 VLCCs
Belgium-based crude oil tanker company Euronav has entered into a sale and leaseback agreement for three very large crude carriers (VLCC) vessels with Taiping &…
SK Group Intros Bio Heavy Oil
South Korea's SK Chemicals Co has introduced a project to use bio heavy oil as vessel fuel amid rising demand for cleaner energy sources.The chemical and pharmaceutical…
Research Vessel Delivered to Orca Maritime
Washington-based boat builder Armstrong Marine said it has delivered a new 42’ x 16’ catamaran research vessel, Benthic Cat, to Orca Maritime, Inc. following launch and sea trials in Port Angeles Harbor. The vessel will enter service immediately, beginning with a week-long operation around San Clemente Island.The second IPS-drive catamaran delivered by Armstrong, the 4216-CTC model was selected by…
Five Believed Dead in Alaska Shipwreck
Five commercial fishermen were believed to have died after their crabbing vessel sank on New Year’s Eve in the Gulf of Alaska, the U.S. Coast Guard said after ending…
Containership Grounds in the Bosphorus Strait
A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque…
Gulf Oil Marine and Azurtane Partner
Now that the fuel sulphur regulations have come into force from January 1, 2020, charterers and operators will begin to feel the pressure to reduce greenhouse gas (GHG) emissions.Gulf Oil Marine has partnered with marine technology firm Azurtane to help customers monitor and manage energy usage and emissions compliance.The change in fuels resulting from the 2020 0.5% sulphur regulations has meant a…
Research Vessel Equipped with Integrated IoT System
KVH Industries, Inc. and Kongsberg Digital completed the installation of their first joint maritime IoT system on an active working vessel.The team installed a KVH Watch VSAT antenna for IoT connectivity and the Kognifai Vessel Insight platform on Simrad Echo, a Norwegian research vessel owned and operated by Kongsberg, which will continue normal operations during the pilot maritime IoT project. Together…
Baltic Index Marks Worst Day in 6 Years
The Baltic Exchange's main sea freight index on Thursday posted its biggest one-day percentage decline in six years, pressured by depressing demand for dry bulk vessel segments.* On its first day of trading in the new year, the Baltic index , which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, fell 114 points to 976 points, its lowest level since May 2019.* The overall index declined about 10.5%…
GEV Pact with CIMC Raffles for 8 Vessels
Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships.The extension is for six months through to 30 June 2020. The LOI is based on a firm order for four 200 MM scf Compressed Natural Gas (CNG) ships with the option for GEV to order up to an additional four ships.The parties have executed the LOI, with the intention of entering a Shipbuilding Engineering…
First Woman Deputy Administrator at Panama Canal
Ilya Espino de Marotta, who played a lead role in the expansions of the Panama Canal took office on January 1 as the first woman deputy administrator of the…
Brodosplit Cuts Steel for Expedition Ship
Oceanwide Expeditions, the Dutch company specializing in expedition-style voyages to Antarctica and the Arctic, has cut steel on its newbuild, Polar Class 6 expedition ship…
Shareholder base Expands on Fortum's Nordic Wind Portfolio
Finnish state-owned energy company Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have today signed an agreement whereby funds advised by CSEIP…
Estonia Mulls OWF in Gulf of Riga
The Estonian government's decision to initiate the construction permit procedure for the Gulf of Riga offshore wind farm allows Eesti Energia to continue its research…