Euro Shipyard Deal Faces Regulatory Headwinds
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Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions.Italy sees the deal by Europe's largest shipyard as an opportunity to create a European industrial champion in the shipbuilding industry to stave off competition…
BIMCO: US-China “Phase One” Fails to Boost Trade Volumes
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Even before the effects of the coronavirus, the ‘Phase One’ agreement between China and the US failed to boost volumes of the implicated goods in January. In fact, exports of the manufactured, agricultural and energy goods included in the deal were down 26% from January 2017, which serves as the base year for the agreement.The ‘Phase One’ agreement which was signed on 15 January 2020 to lowered some US tariffs on imports from China…
NOAA-Viking Public Private Partnership, a Win-win for Research
![RENDERING OF NEW VIKING SHIP: This rendering shows what the new Viking expedition ships will look like, including the hangar for launching small vessels. Credit: Viking](https://images.marinelink.com/images/maritime/w100h1500/rendering-of-new-viking-ship-110868.jpg)
There was important cruise news in January: Viking – a premier European ocean and river cruise company - will offer two new “destination-focused travel experiences,” starting in 2022. One set of cruises becomes Viking’s first foray in the inland North American market, in this case the Great Lakes. Another set of cruises will head to the Arctic and Antarctica. Viking is building two new vessels: the Viking Octantis and the Viking Polaris…
24/7 Voyage Security Risk Assessment … at the click of a mouse
![Risk Intelligence System data being assessed at the company’s Hellerup offices, near Copenhagen, Denmark: together with its centers in North America and Singapore, Risk Intelligence provides worldwide maritime transportation security intelligence on a 24/7/365 basis. (Photo: Risk Intelligence)](https://images.marinelink.com/images/maritime/w100h1500/risk-intelligence-system-data-being-110867.jpg)
Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain worldSince its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365.
Offshore Oil Rig Infection Exposes Coronavirus Dangers
Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination…
Saudi's Bahri Books 14 VLCCs
Saudi Arabian shipping company Bahri chartered more than a dozen very large crude carriers (VLCCs) in Persian Gulf in 24 hours.According to Reuters, the Saudi Arabia’s…
A&P Group Now Works on Renewables Only
The global ship repair, conversion and fabrication specialist A&P Group is now using 100% renewable energy across all three of its facilities as it aims to improve…
DP World Expresses Concern on Future
Dubai state controlled port operator DP World's revenue grew 36.1% in 2019, but it says the near-term outlook remains “a cause for concern” due to global trade disputes…
Kawasaki Delivers Newbuild Market Cooper
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered the bulk carrier Market Cooper to an unnamed shipowner.The 61,000DWT vessel was built jointly…
Damen Launches Support Vessel Blue Ocean
Dutch shipbuilding major Damen Shipyards Group launched its new 55-meter support yacht named Blue Ocean in its yard at Antalya, Turkey and will soon be ready for…
IMO Pushes for Cape Town Agreement
International Maritime Organization (IMO) said that the he entry into force of its Cape Town Agreement on fishing vessel safety will be crucial for improved safety…
Seattle Cancels Two Cruise Calls Amid Coronavirs Outbreak
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The Port of Seattle announced Wednesday that it has canceled two cruise ship calls to help curb the spread of the novel coronoavirus.“This region is in a public health emergency and we will cancel the first two sailings of our cruise season,” said Port of Seattle Commission President Peter Steinbrueck. “The health, safety, and wellbeing of our residents is our top priority.”The canceled one-day stops…
Gibdock Momentum Builds On Variety
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High levels of occupancy during the first two months of 2020 and strong forward bookings are sustaining momentum for Gibdock, following a surge in demand for the Gibraltar repair yard in the last quarter of 2019.One standout project involving significant complexity saw Gibdock undertake extensive repairs to Juvel at the end of 2019, after the Aker Biomarine fishing vessel suffered extensive fire damage off South America.
MAN Reenters Finnish Market with Baltic Order
![Graphical rendering of the ‘MySTAR’, which will be powered by 5 × MAN 8L51/60DF dual-fuel main engines (picture courtesy RMC)](https://images.marinelink.com/images/maritime/w100h1500/graphical-rendering-of-the-mystar-110836.jpg)
MAN Energy Solutions has won the order to supply the engines for a newbuild shuttle ferry for Estonian shipping company Tallink Grupp. A diesel-electric plant comprising five MAN 51/60DF dual-fuel main engines – with liquefied natural gas (LNG) as primary fuel – will power the MyStar, which Rauma Marine Constructions (RMC) will construct at its yard in Finland. Delivery to the customer is scheduled for early 2022.
Developer Seeking New Home for SS United States
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A real estate development company is looking for a U.S. city to become the new home for one of America's most historic ocean liners.Having reached a deal with the ship’s nonprofit owner last year, RXR Realty has been developing a plan to restore the famed SS United States and this week issued a Request for Expressions of Interest (RFEI) seeking a permanent waterfront location where America’s Flagship…
Baltic Index Hits 1-1/2-Month High
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The Baltic Exchange's main sea freight index on Wednesday hit its highest in more than a month, lifted by an uptick in rates for capesize and supramax vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, rose 4 points, or 0.6%, to 631 - its highest since Jan. 21.The capesize index fell 3 points to -350.However, average daily earnings for capesizes…
Shell in Talks to Book Tankers for Crude Floating Storage
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Royal Dutch Shell is in discussions to charter at least three supertankers to store around 6 million barrels of crude oil at sea, shipping sources said on Wednesday.Shell has provisionally booked the vessels, known as very large crude carriers (VLCCs), for storage options for at least three months, the sources said, adding that the fixtures were still to be concluded.A Shell spokeswoman declined to comment.If fully fixed…
Dongara Marine Delivers Ferry in Western Australia
![The 24 X 5.5-meter MV Tricia on sea trials (Photo: Cummins)](https://images.marinelink.com/images/maritime/w100h1500/the-24-x-55meter-mv-110843.jpg)
Placing a board deck across two canoes, to make a broad flat and stable surface for transporting passengers and freight, was often done to form early ferries. The true catamaran is an evolution of that practical design concept. In recent decades, Australia has led in the development of all shapes and sizes for aluminum catamaran ferries.In December 2019, Dongara Marine of Port Denison delivered a very practical 148-seat, 24- by 5.5-meter ferry to Western Australia’s Public Transport Authority.
NICO International to Rep HHI Turbomachinery
![Left to right: Pilakkal Thamban, General Manager – NICO International, and Jin Soo, Ha – Senior Vice President of Hyundai Heavy Industries Turbomachinery Co. Ltd. (Phoro: NICO International)](https://images.marinelink.com/images/maritime/w100h1500/left-to-right-pilakkal-thamban-110838.jpg)
Hyundai Heavy Industries Turbomachinery Co., Ltd. (HHI – TMC), a turbomachinery business specializing in pumps for marine, nuclear and industrial field, gas and air compressors, and steam turbines, has entered into a service agent agreement with UAE based marine and industrial engineering company NICO International.With the new alliance in place, NICO said it aims to further strengthen the turbomachinery…
Research Vessel Atair to be Commissioned this Spring
![(Photo: SCHOTTEL)](https://images.marinelink.com/images/maritime/w100h1500/photo-schottel-110834.jpg)
A new liquefied natural gas (LNG) powered survey, wreck-search and research vessel built by German Naval Yards Kiel is currently undergoing installation and finishing works at Fassmer in Berne, Germany prior to being commissioned this spring.Ordered by the German Federal Maritime and Hydrographic Agency (BSH), the new research vessel will be homeported in Hamburg, replacing the previous Atair, which entered operation in 1987.At 75 meters long and roughly 17 meters wide…