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EU-UNODC Cooperation on Maritime Security and Surveillance
The European Union and the Global Maritime Crime Programme of the United Nations Office on Drugs and Crime (UNODC GMCP) have a long and effective relation in building…
Herman Sr. BV Places Order for Damen Shoalbuster
A contract has been signed between Damen Shipyards Hardinxveld and Herman Sr. BV for the building and delivery of a Shoalbuster 2308 S, to be named Teddy. The new vessel will join the five other Damen Shoalbusters currently operated by the company and, with the hull already available from stock, is due for delivery in March / April 2019. This latest addition to the Senior BV fleet will allow the company to expand the services that it offers to the dredging…
EU Okays CMA CGM’s takeover of Containerships
European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM…
South Africa to Host Damen’s First Fishing Seminar
Damen Shipyards will hold its first Fishing Seminar in Cape Town, South Africa on 22 November in recognition of this important industry. To be held at Damen Shipyards Cape Town…
IRClass Boost Presence in Middle East & Africa
Indian Register of Shipping (IRClass), a leading international classification society, plans to further expand its operations into the Middle East and Africa (MEA) region with new offices in Saudi Arabia, Qatar, Egypt, Lebanon and Nigeria.The expansion plan underlines its commitment towards the growing number of customers from this region and enhances the classification society’s proximity to flag administrations…
LNG Shipping Rates Double Since End-August
Headline rates for shipping liquefied natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic meter LNG tri-fuel diesel electric (TFDE) vessel, brokers say.That is a 6-year high and compares to Atlantic basin rates of $75,000 at the end of August and around $95,000 at the end of September.Rates have jumped due to supply from new plants, longer distances traveled and anticipation of higher prices prompting shippers to lock in longer-duration
ABS Awards AIP to HHI’s Standardized FPSO Topside
The global provider of classification and technical advisory services to the marine and offshore industries ABS granted Approval in Principle (AIP) to Hyundai Heavy…
Tilbury Port to Capitalise on Opportunities to Boost Trade
Tilbury Port and the people that work there will play a major role in helping the UK to increase international trade after we leave the European Union.International…
Training Caribbean Maritime Women
A new mentorship scheme to encourage the next generation of women into the maritime sector has been launched at the annual conference of the Women in Maritime Association…
Ship's Guards Repel Pirate Attack off Somalia Coast
Security guards aboard a Hong Kong-flagged cargo ship repelled an attack by pirates in a gunbattle off Somalia's coast this week, the European naval force in the…
SDX Terminates Talks Over BP's Egyptian Assets
North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from the oil giant BP.A press release from SDX announced…
Carlyle Group Acquires EnerMech from Lime Rock Partners
Global alternative asset manager The Carlyle Group announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support to the energy…
Angola’s New Fishery Research Vessel Delivered
Damen Shipyards Galati has made provisional delivery of the 74-meter fishery research vessel Baía Farta to the Angolan Ministry of Fisheries. The vessel will remain in Galati until November, when she will set sail for Angola where the final delivery will take place.With a 1,600 km Atlantic coastline, the development of the domestic fishing industry is a priority of the Angolan government and it currently employs over 100…
UTEC Introduces New AUV Launch and Recovery System
UTEC, a global surveying company in subsea services group Acteon, recently commissioned its new launch and recovery system (LARS) for the fleet of seven autonomous…
Gulf Marine Services Bags New Contract
UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors…
Wärtsilä to Power Ponant's New Cruise Ship
Wärtsilä’s 31DF dual-fuel engine, which emphasizes outstanding efficiency, extremely economical fuel consumption and minimal emissions, has been selected to power a new polar ice-class luxury cruise vessel is being built for the France-based operator Ponant at Vard Søviknes, a part of VARD shipbuilding group in Norway.Because the 150-meter-long ship will operate in environmentally sensitive Arctic and Antarctic waters, it will operate primarily on LNG.
Wan Hai Lines Joins INTTRA’s Network
Taiwan shipping company Wan Hai Lines has joined INTTRA, the neutral network, software and information provider at the center of the ocean industry. This addition…
ONE, Hapag-Lloyd Partner for Feeder Services
Japan's Ocean Network Express (ONE) and Germany's Hapag-Lloyd have agreed to share space on their feeder services.As the first step, the cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes. The carriers have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service…
Ancient Shipwrecks Found in Greek Waters Tell Tale of Trade Routes
Archaeologists in Greece have discovered at least 58 shipwrecks, many laden with antiquities, in what they say may be the largest concentration of ancient wrecks ever found in the Aegean and possibly the whole of the Mediterranean.The wrecks lie in the small island archipelago of Fournoi, in the Eastern Aegean, and span a huge period from ancient Greece right through to the 20th century. Most are dated to the Greek…
Ensco to Buy Rowan in $2.38 Bln Deal
Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal since OPEC-led efforts boosted oil prices in the second half of 2016. Ensco bought rival Atwood Oceanics in a similar deal last year.Rowan shareholders will receive 2.215 Ensco shares for each share held.