Maritime Industry Top News
APL Adds Port Calls to CP1 Service
APL, one of the world’s leading ocean carriers, announced that its China Philippines Express 1 (CP1) service will be making additional calls at the Chinese port…
DFDS to Acquire Turkey's Largest RoRo Operator
Danish shipping and logistics group DFDS has acquired Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously…
BIMCO applauds IMO for setting emission target
"The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions…
Van Oord LNG Fueled Crane Vessel Named
With a two-day event on the quay of the Biesboschhaven Zuid harbour in Werkendam, Van Oord will launch its first LNG-powered vessel: the Werkendam. Because of Van Oord’s 150th anniversary…
SeaBubbles: ABB Electric Water TaxiTested
A futuristic, zero-emission new design of water taxi, called SeaBubbles, was successfully demonstrated today on Lake Geneva in Switzerland. The vehicle represents…
Arena Named VP at Shipbuilder
Huntington Ingalls Industries announced today that Jon Arena has been named vice president and chief counsel of HII’s Newport News Shipbuilding division. He will succeed Jim Gildea…
Vroon Reaches Restructuring Terms with Lenders
Vroon shipping group has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only…
Fast, Quick Action Needed to Meet Paris Climate Goals: CAN
The International Maritime Organisation (IMO) has agreed on an initial strategy to decarbonise international shipping and reduce emissions from ships by at least 50% by 2050.
Sempra Energy to Build Liquid Fuel Terminal in Mexico
Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to develop, build and operate a receipt, storage…
Stena Drillship First to Receive DNV GL MPD Class Notation
DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd.
ICS Cheers 'Paris Agreement for Shipping'
The International Chamber of Shipping (ICS) has welcomed the high level strategy for the further reduction of shipping’s greenhouse gas (GHG) emissions, adopted…
UN Body Adopts Climate Change Strategy for Shipping
Nations meeting at the United Nations International Maritime Organization (IMO) in London have adopted an initial strategy on the reduction of greenhouse gas emissions from ships…
Pangaea Logistics Acquires Panamax Bulker
Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced that it has signed a memorandum of agreement to acquire the…
MOL Accepts "Great Ship of the Year" Award

Maritime Reporter & Engineering New’s Great Ship of 2017 Award was presented to Mr. Yoshikazu Kawagoe, Chief Technical Officer, Mitsui O.S.K. Lines in MOL’s headquarters in Tokyo. A full report on the world’s 3rd largest shipowner will publish soon in the pages of MR. Mitsui O.S.K. Lines, Ltd. The World’s Largest Floating Storage and Regasification Unit (FSRU Max). Japanese shipowner Mitsui O.S.K. Lines, Ltd.
Five Weeks Later, Maersk Honam is Still Burning

Efforts to suppress a fire on containership Maersk Honam continue more than a month after a blaze aboard the 15,000 TEU vessel killed five crew members. On March 6, a fire broke out in a cargo hold aboard Singapore-flagged Maersk Honam while the vessel was en route from Singapore toward Suez, about 900 nautical miles southeast of Salalah, Oman. At the time of the incident, the ship was carrying 7,860 containers for the 2M Alliance between Maersk Line and Mediterranean Shipping Co. (MSC).
Louis Dreyfus Orders Wind Farm Vessel

The Louis Dreyfus Armateurs Group (LDA) and Ørsted, the Danish global leader in renewables, reinforce their 2017 partnership with the order of a second service operation vessel (SOV) dedicated to Hornsea Project Two offshore wind farm off the English coast. As sister vessel of the Wind of Change, the first SOV ordered by LDA in 2017, this second ship will also be designed in close cooperation with Salt Ship Design and will be built by CEMRE for a delivery in 2021.
USS Little Rock Arrives in Mayport

The U.S. Navy’s newest Freedom-variant littoral combat ship has finally reached its homeport in Mayport, Fla. after a winter trapped in the icy north. Built at the Marinette Marine Corporation shipyard in Marinette, Wisc., the USS Little Rock (LCS 9) was scheduled to sail for its Florida homeport following a December 2017 commissioning ceremony in Buffalo, N.Y., but worse-than-expected ice conditions in the St.
US Could Reach 355 Ship Navy in 2030s -Official

The U.S. Navy could build its strength to 355 ships over a decade earlier than previously thought due to an increased shipbuilding budget and tempo as well as extending the service for some ships in the current fleet, a Pentagon official told a Congressional panel on Thursday. The goal of a larger Navy, one of President Donald Trump's signature issues from the campaign trail, could be achieved in the 2030s instead of the 2050s…
IMO Reaches Deal to Cut CO2 Emissions

The United Nations shipping agency reached an agreement on Friday to cut carbon emissions, following years of slow progress. The compromise plan, which will cut emissions by at least 50 percent by 2050 compared with 2008 levels, fell short of more ambitious targets. Kitack Lim, Secretary-General of the International Maritime Organization (IMO), said the adoption of the strategy "would allow future IMO work on climate change to be rooted in a solid basis".
Russia's Grip on Biggest Port Operator Tightens

Moscow tightened its grip on Russia's biggest port operator on Friday, making a government official chairman and ousting representatives of the only private shareholder from the board.The changes follow the arrest last month on organized crime and embezzlement charges of Ziyavudin Magomedov, head of the Summa conglomerate which with a joint venture partner owns a 50.1 percent stake in the port operator.