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Campbell CEO Stephaich Weighs in on All Things Inland
Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Peter is also on the Board of Directors of Blue Danube, a position that he has held since 1982.
Orest Sychenikov, First Head of Novorossiysk Shipping Company, Passed Away
It is with great sadness that the Sovcomflot management and team must announce a monumental loss to the Russian shipping community. On 9 October 2017, Orest Sychenikovā¦
Wärtsilä Opening āDigital Acceleration Centersā
Wärtsilä has set out to accelerate new business ideas using a collection of āDigital Acceleration Centersā (DAC) scattered around the globe. The first DAC in Helsinkiā¦
Taking the Guesswork out of Navigating Tropical Cyclones
StormGeo's shipping division (formerly AWT), a provider of fleet optimization services, fleet performance and onboard voyage management software, has introducedā¦
Chinese Demand Ensures Asian LNG Rally Has Legs
Unexpectedly strong demand from China, along with rising oil and coal prices, should keep Asian liquefied natural gas (LNG) spot levels buoyant this winter. Despite rising supplies from new plants, spot prices have risen by 55 percent from their 2017 lows to $8.40 per million British thermal units (mmBtu) as Asian buyers also refilled summer stocks. With the peak demand October-March winter gas season almost underway, further price gains are expected.
Meyer Turku Floats Out New Mein Schiff 1
Shipbuilder Meyer Turku said it has floated out the new Mein Schiff 1 cruise ship for owner TUI Cruises. The vessel will undergo further interior outfitting before delivery in spring 2018. New Mein Schiff 1 is an evolution of the Mein Schiff 6 delivered earlier this year. She will be 20 meters longer (315 m) than her predecessor, which allowed for substantial redesign and further improvement of the interior spaces.
Another Milestone for RRS Sir David Attenborough Build
Rolls-Royce is marking another milestone on the journey toward the completion of Britainās new polar research vessel the RRS Sir David Attenborough being built by Merseyside shipyard Cammell Laird. The last of the vesselās Bergen B33:45 engines/gensets have been craned into the shipās hull at Cammell Laird ready to be connected to the RRS Sir David Attenboroughās Rolls-Royce propulsion system. The nine cylinder engines are carefully installed in three separate pieces.
ABB Digitalizes Maritime Maintenance
ABB has added āFleet Intelligenceā to its ABB Ability Collaborative Operations software, providing marine customers with a single and complete overview of their ship system maintenance needs rather than being faced with piecemeal, standalone reporting solutions. Fleet Intelligence addresses a common shortcoming in ship efficiency, where data from manufacturer manuals provide the basis for the planned maintenance systemā¦
Crude Oil Markets Bullish, But Not Really: Russell
Sentiment is often a somewhat flighty and nebulous concept, but it appears that crude oil markets are turning increasingly bullish about the prospect for higher prices.
Fincantieri to Take Control of STX France
Italian shipbuilder Fincantieri will take effective control of STX France under shared ownership, an Italian government source said on Wednesday, ending a dispute that has soured bilateral relations.
Global Trade Surge Fuel Oil Markets
Global trade is growing at the fastest rate for six years - which is both a symptom and a cause of the recovery in commodity markets. World trade volumes were upā¦
France, Italy Agree on STX Shipyard Ownership Split
The French and Italian governments have agreed on a shared ownership deal of the STX France shipyards, but with a clause giving France the right to take control if needed, Le Monde newspaper reported.
India's INS Satavahana Concludes Basic Submarine Course
Passing out ceremony of Basic Submarine Courses for Sindhughosh and Shishumar Class was held at Submarine School, INS Satavahana on 22 Sep 17. A total of 39 officersā¦
First Floating Dry Docks
The Operational and Maintenance departments of Antwerp Port Authority will shortly be merged to form a "Nautical & technical cluster." The new entity will have twoā¦
Caribbean Oil Terminals Prepare for Hurricane Maria
Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they have to shut again due to Hurricane Maria, which was a rare Category 5 storm on Tuesday. Shippers and traders in the Atlantic basin are struggling amid this year's very active storm season, which has seen seven hurricanes so far, four of them major hurricanes, defined as at least a Category 3 on the five-step Saffir-Simpson scale.
Schulte Marine Concept MD Kozdron Talks Shipbuilding
If you are an American thinking Asia for converting a vessel, building a drydock or contracting a medium-sized newbuild, then Krzysztof Kozdron, Managing Director of Germany-based Schulte Marine Concept (SMC), is the man you need to speak to. Easy to talk to, the Shanghai-based naval architect and engineer knows shipbuilding from all sides. Parent company Bernhard Schulte Shipmanagement (BSM) has owned and operated ships for 150 yearsā¦
Global BCOs Hit by Rising Contract Rates from Asia
Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contractā¦
Oil from Sunken Tanker Spreads to Athens Riviera
Crews scrambled on Wednesday to clean up an oil spill from a sunken tanker which had spread to some of Athens's most popular beaches. The 45-year-old vessel, Agia Zoni IIā¦
Ingalls Launches Guided Missile Destroyer DDG 51
The new Arleigh Burke-class (DDG 51) guided missile destroyer Delbert D. Black (DDG 119) was launched by Huntington Ingalls Industriesā (HII) Ingalls Shipbuilding division on Friday, September 8, in Pascagoula, Miss. āA quality launch is a critical milestone in a shipās life,ā said Ingalls Shipbuilding President Brian Cuccias. āOur world-class shipbuilders have once again met this goal in launching DDG 119.
USCG, EPA Cleaning up a Dozen Texas Chemical Spills after Harvey
The U.S. Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrialā¦
