Maritime Industry Top News
Ocean Yield Takes Delivery of Two Vessels
Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel "La Fresnais" and "Interlink Amenity". In press release, Ocean Yield said…
India Signs MoU with Korea on Seafarers
India signed an MoU with the Republic of Korea (South Korea) on Mutual Recognition of Certificates of Competency of Seafarers. This paves the way for the two governments…
CMA CGM Rolls Out Ocean Alliance Day Two Product
CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance…
Hyundai Merchant Marine in Aggressive Expansion in India
With India’s high economic growth and the improvement of container market, Hyundai Merchant Marine (HMM) has been aggressively expanding its sales activities within the region.
Diana Shipping TC Contract for Melia with United
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with United Bulk Carriers International S.A.…
DNV GL Advises on Acquisition of UK's Wind Farm
DNV GL secured a leading role as technical advisor to GVO Wind Ltd and Bluemerang Capital Ltd, supporting the sale of an 80% stake of the 26.1 MW Ventus portfolio of wind projects.
Fetten Named CEO at MV WEFTEN

Maritime industry veteran Peter Fetten will take over as President & CEO of German shipbuilder MV WERFTEN as of May 1, 2018. Jarmo Laakso will remain as Managing Director and step into the position of COO to focus on cruise shipbuilding.Fetten was previously the Senior Vice President of Corporate Ship Refits at Carnival Corporation & PLC for the past nine years. He was also Vice President Newbuilding and Fleet Design of Royal Caribbean Cruises Ltd.
Ekse Joins Elliott Bay Design Group

Robert Ekse has joined Elliott Bay Design Group's team of naval architects and engineers as a project manager. He will be responsible for the initiation, management and execution of diverse projects and will be based in the Seattle office. Ekse has 27 years of experience in increasingly responsible roles within the marine industry, having worked for operators and shipyards along the West Coast.
Latest Innovations in Heavy Duty Machinery

In the first of a series of marine industry sector reviews, MR&EN correspondent Tom Mulligan reports on the latest innovations in heavy lifting machinery technology with a selective overview of new product launches and recent equipment installations on board ships, ferries and workboats, as well as in ports, docks, harbors and shipping terminals worldwide. Markey Machinery’s Render/Recover and Asymmetric…
Seaspan Shipyards Opens New Vancouver Office

Seaspan Shipyards officially opened its new 7,800 square meter office at the foot of Pemberton Avenue on the south western spit of the property near Seaspan’s current offices in North Vancouver, B.C. The new building, which provides space for approximately 390 employees, will serve primarily as a collaborative space for Vancouver Shipyards to execute preproduction work as a strategic partner to the Government of Canada under the National Shipbuilding Strategy (NSS).
#BTC100 History

In 2013, Bouchard Transportation Co., experienced two important company milestones: BTC President/CEO Morton S. Bouchard III is inducted into the International Maritime Hall of Fame, and the company announces their donation to fund the Bouchard Transportation Co., Inc. Tug and Barge Simulation Center at SUNY Maritime College, which officially opens one year later, in 2014. The July 2018 edition of Maritime Reporter & Engineering News will feature a special “Bouchard Transportation Co.
Baltic Index Gains On Stronger Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose over two percent on Tuesday to mark its biggest one-day percentage gain in about seven weeks, helped by stronger capesize rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 22 points, or 2.31 percent, at 974 points. This was the biggest one-day percentage gain for the index since Feb. 21.
HMM to Order 20 Mega Containerships

South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU. The announcement comes less than a week after the South Korean government unveiled its Five-year Plan for Rebuilding Korean Shipping. HMM said it has sent a request for proposal (RFP) to eligible shipbuilders. Once a builder is selected…
After China's Massive Drill, U.S. Patrols Disputed South China Sea

In a span of 20 minutes, 20 F-18 fighter jets took off and landed on the USS Theodore Roosevelt aircraft carrier, in a powerful display of military precision and efficiency. The nuclear-powered warship, leading a carrier strike group, was conducting what the U.S. military called routine training in the disputed South China Sea on Tuesday, headed for a port call in the Philippines, a defence treaty ally.
International Cruise and Yachting Festival Planned for November

Hong Kong’s first-ever cruise and yachting event, International Cruise and Yachting Festival (Hong Kong) 2018, is scheduled to be held from November 22 to 25 at the Kai Tak Cruise Terminal, Kai Tak Runway Park and Kwun Tong Typhoon Shelter. The four-day event, organized by the Hong Kong Cruise and Yacht Industry Association, will bring together global cruise and yacht brands and boats with Maritime Education and Employment…
MAN Powers World’s First LNG-fueled Bulk Carrier

The world’s first liquefied natural gas (LNG) fueled bulk carrier, the 50,000 dwt newbuild Ilshin Green Iris, is powered by state-of-the-art technology from MAN Diesel & Turbo. The groundbreaking vessel, delivered in February 2018 for owner Ilshin Logistics, was constructed by South Korean shipbuilder Hyundai Mipo Dockyard (HMD) as part of a project announced in July 2016 to develop the first in a new generation of environmentally-friendly LNG-fueled bulk carriers.
Interview: William Harber - Hurtigruten, Americas President

As the luxury yacht/adventure sector of the global cruise market continues to gain strength, Maritime Reporter & Engineering News recently received insights from Hurtigruten, a clear leader in the sector. William Harber, President of the Americas Region, Hurtigruten, explains the path forward. Please discuss Hurtigruten’s plans to ramp up its North American presence. We are indeed ramping up our presence in the Americas.
ASV Global, BMT Team-up for Autonomous Navigation Project
ASV Global (ASV) is leading a new £1.2 million research project in partnership with BMT to enhance the safety and reliability of autonomous navigation. The project…
Pirate Attacks Worsen in Gulf of Guinea - IMB
A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce's…
New GE LM2500 Module for US Navy Frigates
GE’s Marine Solutions announced it has completed the acoustic attenuation and weight comparison testing between its new lightweight composite LM2500 gas turbine module and the steel enclosure.