Maritime Industry Top News
Heerema Fabrication Group Sells UK and Netherlands Yards
Dutch offshore construction and engineering company Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design…
Sapura Energy Wins Contracts in Mexico, Malaysia
Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately…
Teledyne Bowtech Supplies Deepwater Lamps to Triton Submarines
Teledyne Bowtech, which specializes in the design and manufacturing of underwater vision systems, announced the supply of modified LED-V-Series deep water lamps…
Alaska Marine Lines Expands to Arctic Ports
Alaska marine transportation company Alaska Marine Lines said that it is expanding its service from Seattle and Anchorage to the Arctic Region in 2019.Bowhead Transport…
Samsung Heavy Uses Eco-friendly Paint for Vessels
South Korea's shipbuilder Samsung Heavy Industries has applied a solvent-free coating on its liquefied natural gas (LNG) carrier, saying it is the first case of…
Hapag-Lloyd unveils "Strategy 2023"
As the liner industry has come to a turning point following a period of consolidation, Hapag-Lloyd unveiled its five-year strategy, prioritizing profitability, service…
Europe to Fund ‘SkillSea’ Project in Maritime Sector
The European Commission said it will co-finance the project ‘Futureproof Skills for the Maritime transport sector (SkillSea)’.The project aims to develop strategies…
Exmar Bags FLNG Contract from YPF
Belgium's Exmar and YPF of Argentina announced the signing of a firm, ten-year agreement to deploy Exmar’s barge-based floating LNG liquefaction unit (FLNG) currently…
Bomin Sells Belgium Bunker Ops
Bomin Group, a supplier of marine fuels, has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company…
Cosco-PSA Terminal JV Adds Two New Berths in Singapore
China's Cosco Shipping Ports and PSA Corporation signed a memorandum of understanding (MoU) for the addition of two new berths at the Cosco-PSA Terminal in Singapore.With…
CPC Marine Terminal Loads 500 MT of Kazakh Oil
Half a billion tones of oil delivered by Kazakhstani Shippers to the Tengiz-Novorossiysk crude pipeline since the commencement of operation of CPC pipeline system…
Diana Shipping Fixes m/v Alcmene with BG Shipping
Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited…
Detyens Shipyards Employees Feast Early
As is tradition, Detyens Shipyards hosts an annual Thanksgiving feast at the shipyard for its workers, the occasion used to also distribute the annual performance bonus checks for every employee. Per Maritime Reporter & Engineering News’ recent interview with D. Loy Stewart, Jr., owner of Detyens Shipyards, this year’s bonus pool provided each worker with the equivalent of approximately six weeks of pay.https://www.marinelink.com/news/shipyard-report-detyens-shipyards-444167
SBM Orders Second Fast4Ward FPSO Hull
SBM Offshore signed a contract Wednesday for a second hull in its planned series of Fast4Ward floating production, storage and offloading units (FPSO) with Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS).The order, which coincides with a keel laying ceremony for SBM's first Fast4Ward hull at the Shanghai shipyard, has been made before any engineering, procurement and construction (EPC) contract for the second hull.
Stronger Capesize Demand Pushes up Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 5 points or 0.5 percent to 1,008 points.The capesize index gained 5.4 percent or 54 points to 1,056 points. Average daily earnings for capesizes…
Northern French Ports Ready to Ease Congestion from Brexit Fallout
Smaller ports in northern France are ready to absorb more shipping traffic from Britain if congestion builds up due to any fallout from Brexit, a top French official said on Wednesday.The Ports of Normandy Authority (PNA) currently owns and operates Cherbourg and Caen-Ouistreham terminals and will take on operating Dieppe nearby in 2019."We can accept more (traffic) and we would like to accept more if there is congestion on the east side of the UK…
LNG: GTT Wins order from DSME
GTT received an order from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) for the tank design of two new 173,400 cu. m. LNG carriers (LNGC).
Humphree: Steady as She Goes
Humphree makes inroads in North American markets with vessel stabilization technology.If you haven’t yet heard of Humphree – the Sweden-based supplier of vessel stabilization systems – then, more than likely, that’s about to change. The firm’s penetration into the North American commercial and leisure marine market has seen its equipment on several vessels, including high-profile deployments like the…
London P&I Club Issues Loss Prevention Guide for Coal Cargoes
THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation.The guide, written by Paul Willis, Senior Associate with UK-based forensic investigation and root cause analysis specialist Hawkins, notes that the management of coal cargoes and the proper use of gas detection equipment are key elements in the prevention of coal fire claims.
The Smart Shipping Vision: Class Delivers
Shipping’s digital transformation is all around us, impacting the smallest vendor to the largest owner, across flag, class and shipyards, right up to the primary regulator.In these early days, there are many competing visions of the digital future. But the central question for ship owners and operators should not be whether their partners are delivering the required solutions; it should be whether…
