Maritime Industry Top News
#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.
First Stern Trawler with Energy Storage
Vard Holdings Limited said it has secured a new contract for the design and construction of a new stern trawler for HAVFISK AS. The contract value is slightly below NOK 400 million. The vessel will be the world’s first stern trawler with an integrated energy storage system, consisting of diesel mechanical/diesel electric propulsion and batteries. The energy storage system together with VARD’s SeaQ Power Management System for power optimization in all operations…
Azerbaijan Caspian Sea Shipping Company Submits Vessels Inspection Reports
The reports prepared for the first quarter of 2018 on the inspections of vessels of the Offshore Fleet of the Azerbaijan Caspian Sea Shipping Company have been submitted.
Maersk Expands Online Platform Service Scope
Maersk Line takes further steps towards simplifying the supply chains of its customers by expanding the service scope on its online platform ship.maerskline.com…
ABS, MSC Trial Condition-Based Class
ABS has announced it is engaged in a two-year project with the U.S. Navy’s Military Sealift Command (MSC) to deliver the industry’s first bow-to-stern Condition-based Class asset management program.
ECSA Trusts that IMO Can Deliver an Ambitious Initial CO2
European shipowners strongly believe that the environmental committee of the IMO, MEPC, can reach an ambitious initial CO2 reduction strategy by the end of this week…
JNPT to Start Direct Port Delivery Transport
The Jawahar Lal Nehru Port Trust (JNPT) will roll out Direct Port Delivery (DPD) transport solution from May 1, enabling faster and cost-effective movement of containers.
MOL Launches Trial Use of Cooling-Work Suits Onboard
Mitsui O.S.K. Lines announced the trial introduction of specialized cooling-work suits for crewmembers, developed by Teijin Limited, in cooperation with MOL, on…
Global Shipping to Adopt GHG Strategy
The adoption of an initial strategy on the reduction of GHG emissions from ships is one of the key items on the agenda of the International Maritime Organization’s…
Ferry Vessel Dagestan Completes Modernization
The vessel "Dagestan" with a length of 154.5 and a width of 18.3 meters was built in 1984 in Pula, the former Yugoslavia (currently Croatia). It was decided to repair and upgrade the ferry "Dagestan"…
Courson to Replace Spivak as Seaspan CFO
Ship owner Seaspan Corporation announced that Ryan Courson will take over as the company’s chief financial officer following David Spivak’s decision to leave the post in early May.
