-
10 Nov 2016
World’s Largest Ethane Carrier Delivered
The world's first very large ethane carrier (VLEC), Ethane Crystal, has been delivered to India’s Reliance Industries Ltd. by South Korean shipbuilder Samsung Heavy Industries (SHI), representing a significant milestone for the gas shipping industry. The vessel is now the planet’s largest, purpose-built ethane carrier – comparable in size to today’s very large gas carriers (VLGC) – and with its 87…
-
08 Nov 2016
Finnlines Improves Profit despite Lower Revenues
Despite a dip in revenues during the third quarter and first nine months of 2016, Finland-based shipper Finnlines Group was able to improve profits for both bother periods by cutting expenses. The group’s €60.9 million result for January-September was about €20 million better than in the corresponding period last year. “Regardless of the sluggish growth in Europe, the company exceeded last year’s record breaking result by an outstanding 48.1 percent…
-
07 Nov 2016
Eagle Bulk Snaps 6-year Order Drought
U.S. based ship owner and operator Eagle Bulk Shipping Inc. has bought its first vessel in more than six years, acquiring a 2016-built dry bulk vessel constructed…
-
01 Nov 2016
Maritime Trivia: November
MarineLink.com brings you a monthly maritime trivia question courtesy of The Marine Art of J. Clary. Here's the question for November 2016: When was the last time an actual whale was sited on the Great Lakes? Simply email your guess to [email protected] with the subject "Maritime Trivia: November 2016", and the first person to answer correctly will receive a J. Clary collector print. Please note: all are welcome to guess, though only participants in the continental U.S.
-
26 Oct 2016
Maritime Trivia is Coming to MarineLink
MarineLink.com will soon begin posting a monthly maritime trivia question courtesy of The Marine Art of J. Clary. When a question is posted on MarineLink.com, simply email your guess to [email protected]. The first person to answer correctly will receive a J. Clary collector print. All are welcome to guess, though only participants in the continental U.S. are eligible to receive the prize. Check back next week for the first trivia question!
-
26 Oct 2016
Japan Grants Patent for EnergySail
The Japan Patent Office has granted a patent to Eco Marine Power (EMP) for its innovative EnergySail technology, an advanced rigid sail device that can be fitted with a range of renewable energy technologies such as solar panels or wind power devices. With the patent in place, EMP can now begin licensing the technology to proceed so that commercial production of the sail and associated technologies can begin in 2018.
-
25 Oct 2016
Webinar to Address the Future of Renewable Lubricants
Hear from industry experts as they shed light on the short- and long-term future of renewable lubricants – from innovation to regulation. Fresh off the launch of…
-
21 Oct 2016
OCEAN Alliance Gains US Approval
The proposed OCEAN Alliance between several of the world’s largest container shippers has received approval from the U.S. Federal Maritime Commission (FMC), allowing it to become effective Monday, October 24, 2016. The OCEAN Alliance, comprising COSCO Shipping, CMA CGM, Evergreen Marine and Orient Overseas Container Line Limited (OOCL), was subject to an exhaustive FMC review process by that thoroughly…
-
13 Oct 2016
Webinar to Address the Future of Renewable Lubricants
Hear from industry experts as they shed light on the short- and long-term future of renewable lubricants – from innovation to regulation. Fresh off the launch of…
-
11 Oct 2016
New Saudi Arabia Shipyard to be ‘World’s Largest’
Developers of a new shipyard in Saudi Arabia say the facility will be the largest maritime yard in the world providing a range of services, including large shipbuilding, large ship repair, offshore rigs fabrication and offshore support vessel repair. The new facility, a joint venture between state oil giant Saudi Aramco, the National Shipping Company of Saudi Arabia, Lamprell and Hyundai Heavy Industries…
-
06 Oct 2016
Windea La Cour Goes to Work
Two years on from the launch of the Ulstein Group’s X-STERN design at the ONS 2014 maritime exhibition in Stavanger, the first vessel to feature the innovative hull line has entered service at the Gemini offshore wind farm. The newly built Windea La Cour incorporates the X-STERN: a pointed stern instead of a conventional transom stern, offering increased comfort and flexibility due to reduced vibrations and slamming, according to Ulstein.
-
05 Oct 2016
Volkswagen Opts for LNG-powered Shipping
The Volkswagen Group said it will use two vessels powered by liquefied natural gas (LNG) on routes between Europe and North America from 2019, in a move that aims to improve the environmental balance of its marine transport fleet. “The Volkswagen Group is shouldering its responsibility for the environment. “By commissioning the two LNG-powered freighters for the route between Europe and North America…
-
03 Oct 2016
Cadets Stranded on Hanjin Ship Head Home
The Hanjin Louisiana, one of the containerships caught up in the collapse of the South Korean shipping company Hanjin, has finally docked in Singapore after several weeks of uncertainty at sea. Among those onboard the containership were four Scottish cadets, who disembarked in Singapore on September 28 for flights back home to the U.K., BBC reports. The four trainee officers studying at the City of Glasgow College – Ruaridh Hanna…
-
16 Sep 2016
New Vessel Aims to Transform the Fishing Industry
Seattle-based company Blue North has christened F/V Blue North, a state-of-the-art vessel designed to transform the fishing industry by improving conditions for workers, reducing environmental impact and harvesting seafood more humanely. Designed with sustainability in mind, the new longliner is geared specifically for the Alaskan cod fishery, built by Dakota Creek Industries, Inc. of Anacortes, Wash. from a design (ST-155L) by Norwegian firm Skipsteknisk AS.
-
13 Sep 2016
Two VLCCs Delivered to Gener8 Maritime
Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of two very large crude carriers (VLCC).
-
08 Sep 2016
Suezmax Delivered to Nordic American Tankers
Nordic American Tankers Limited (NAT) has taken delivery of a Suezmax new build tanker Nordic Star, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea.
-
06 Sep 2016
Japan Night Held at SMM 2016
Japan Night was held September 5, 2016, coinciding with the SMM 2016 maritime trade fair, conference and exhibition in Hamburg, Germany. There Mr. Gregory Trauthwein, editor and associate publisher of Maritime Reporter & Engineering News, was honored to participate in the breaking of the sake cask ceremony at the Japan Ship Machinery & Equipment Association’s (JSMEA) reception at the Inter City Hotell Hamburg Dammto Messe.
-
02 Sep 2016
Containership Catches Fire in Hamburg
A fire erupted aboard the 9,030 TEU containership CCNI Arauco berthed at the port of Hamburg, causing injuries to three workers. Hamburg police reported that the blaze broke out aboard the 300-meter Liberian flagged vessel while in harbor around noon local time. The fire, which according to initial reports was said to be caused by welding work aboard the ship, is being battled by fireboats as well as firefighters on the ground. The injured workers are being treated in a nearby hospital.
-
30 Aug 2016
Japanese Yards Mull Shipbuilding Alliance
Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump. Mitsubishi Heavy Industries, Ltd. (MHI) announced in a press release today that it has entered talks with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. “The move toward forming these alliances targets the integration of MHI's strengths…
-
25 Aug 2016
Former HMS Illustrious Sold for Scrap
The former aircraft carrier HMS Illustrious will be recycled after 32 years of service, announced the U.K. Ministry of Defense (MOD) who sold the ship to Turkish company LEYAL Ship Recycling Ltd for around £2 million. The MOD’s initial plan for the retired aircraft carrier was to retain part or all of the ship in the U.K. for heritage purposes. A competition seeking bids for development plans was launched in 2013, and though a number of proposals were received, none proved to be viable.