Schlumberger Intros Egypt Upstream Gateway
The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information…
Mammoet Completes Mexican Terminal Expansion
Mammoet, a Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said that its team has successfully completed the…
Holland Shipyards to Build Electric Double-Ender Ferry
Norwegian ferry operator Brevik Fergeselskap has ordered a new electric passenger/ vehicle double-ender ferry from Holland Shipyards in Hardingxveld-Giessendam.The…
Euronav Acquires 3 Newbuild VLCCs
Belgium's tanker shipping company Euronav NV has entered into an agreement for the acquisition through resale of three very large crude carrier (VLCC) newbuilds.The…
CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer…
Diana Shipping Fixes Philadelphia with BHP
Diana Shipping announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with BHP Billiton Freight Singapore Pte. Ltd.…
Scorpio Bulkers to Sell, Leaseback 3 Bulkers
The provider of marine transportation of dry bulk commodities Scorpio Bulkers has agreed to sell and leaseback two Ultramax vessels (SBI Cronos and SBI Achilles)…
Kongsberg Revenue Up in Challenging Maritime
Norwegian technology enterprise Kongsberg Maritime announced that it increased operating revenue to NOK 5,490m (USD 593mln) from NOK 2,041m (USD 220mln) in the fourth…
OOCL Loses Containers off Dutch Coast
The Dutch registered container ship OOCL Rauma lost at least five containers on Tuesday afternoon, 25 miles north of Ameland off the coast of the Netherlands, said Netherlands Coastguard.1…
EDF Buys Stake in Irish Offshore Project
French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired…
Damen Develops BWT Ex Deckhouse
Dutch shipbuilding and engineering conglomerate Damen Group said that it has developed standard Ballast Water Treatment Ex certified deckhouses that can withstand…
Barges Break Free on the Mississippi
The U.S. Coast Guard and local agencies responded to a multi-barge breakaway in the vicinity of mile markers 176 and 177 on the Upper Mississippi River, Wednesday.Watchstanders at Sector Upper Mississippi River received the report at 3 a.m. that there was a multi-barge breakaway from a fleeting area on the Upper Mississippi River.Multiple towing vessels in the area worked together to account for and…
Rand Logistics to Buy American Steamship Company
New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company…
Dredging at the Forefront of Corps' 2020 Work Plan
The U.S. Army Corps of Engineers' FY2020 Work Plan release on Monday places dredging at the forefront.“We welcome the FY 2020 Work Plan released by the Army Corps,” said William P. Doyle, CEO of the Dredging Contractors of America. “We’re ready – our dredging companies are hard at work on projects and continue to build new dredging ships for America’s ports, waterways and beaches.”The Work Plan is…
Austal Launches 109m Ferry
Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched in the Philippines – and the largest by volume ever built by Austal. It is scheduled to be delivered in the 2nd quarter of CY2020.“This new ship for Fjord Line of Norway is the first of many large…
WCI's Toohey Announces Retirement
Waterways Council, Inc. (WCI) President and CEO Michael J. Toohey has revealed plans to retire, the group announced to its Board of Directors and members at its meeting in Washington, DC on Wednesday.“Having turned 71 this month, I believe it is time to focus on my faith, family, my golf handicap and my other interests,” Toohey said. “I remain committed to WCI’s continued achievement now and in the…
Schottel Propulsion for Chinese Harbor Tug
Schottel won a contract to provide propulsion units for a new harbor tug under construction at Tongfang Jiangxin Shipbuilding in China. Ordered by the Taizhou Maritime Safety Administration, it will be equipped with SCHOTTEL Rudderpropellers type SRP 430. Each of the azimuth thrusters will be driven by a 1,920 kW diesel engine at 750 rpm. This configuration aims to provide an expected bollard pull…
Titan Acquires HII's San Diego Shipyard
One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed. The transaction, expected to close in the second quarter, is subject to customary closing conditions.The San Diego Shipyard…
Baltic Index Edges Up
The Baltic Exchange's main sea freight index inched higher on Wednesday, helped by an uptick in rates for panamax vessels, but sentiment remained negative as the coronavirus outbreak disrupted vessel shipments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, was up 3 points, or 0.7%, at 421.The main index slid to a near 4-year low of 411 on Monday.Global ship deliveries have been hit as yards in China struggle to get fully back to w
Stephens Elected PVA President for 2020
Colleen Stephens, President of Stan Stephens Glacier & Wildlife Cruises will be President of the Passenger Vessel Association (PVA) for 2020, the trade association announced.Elected during the PVA Annual Convention at MariTrends 2020 held February 3-6, 2020 in Tampa, Fla., Stephens reaffirmed PVA's commitment to continuously improving safety in passenger vessel operations as well as the association's engagement in being good stewards of the environment.
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