Maritime Industry Top News
Hyundai Heavy Bags Canadian Facility Order
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won a design contract worth about $500 million for a liquefaction unit to be used for Steelhead…
Port of Amsterdam, Titan LNG Contract for FlexFueler001
Port of Amsterdam and Titan LNG have signed a long-term contract for the “home” location of Titan’s bunkering pontoon: the FlexFueler001. This pontoon will be the…
Dagestan Ferry Passes Sea Trials
The ferry vessel Dagestan, which was lifted up for repair in the Zigh ship repair and construction yard of Azerbaijani Caspian Shipping Company has successfully passed sea trials.
Petrobras to join Oil and Gas Climate Initiative (OGCI)
Petróleo Brasileiro SA (Petrobras) has announced its intention to join the Oil and Gas Climate Initiative (OGCI). The company revealed that its CEO, Pedro Parente…
British Ports Chief Calls for Post-Brexit Port Zoning
David Davis at Teesport, the British Ports Association’s Chief Executive, Richard Ballantyne suggested that cross border trade facilitation was being neglected in the negotiations.
Navies Bust $274 million of Heroin
Australian and New Zealand joint forces have seized 915 kilograms of heroin, valued in excess of $274 million, in a counter-narcotics operation in the Western Indian Ocean.
IMO to Promote e-Navigation
Reliable, user-friendly and integrated navigation and communications systems can help with decision making on a ship. That is where e-Navigation comes in. International…
Intermarine Appoints Alejandro Pla as Mexico Manager
Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, has named Alejandro Pla as Country Manager – Mexico. He will be based in Mexico, City.
AET Adds Four Newly Built Tankers
Singapore-headquartered vessel owner AET Tankers - a subsidiary of Malaysia's MISC Berhad - has named and welcomed four newbuild tankers into its fleet in two separate…
MOL Orders LNG-Fueled Tugboat
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed an agreement for the construction of an LNG-fueled tugboat with Kanagawa Dockyard. The construction…
K-Line, NYK Line, Chubu Electric, Toyota Tsusho Eye LNG Bunkering
Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have decided to work in the field of…
Torm Issues New Shares for USD 100mln
The shipping company Torm has completed the sale of new shares for 100 million dollar, which the company will use for a possible expansion of the fleet. In a notice to the stock exchange…
Capital Ship Management, Liberty One Form JV
Capital Ship Management Corp. and Liberty One have announced the establishment of a joint venture under the name Capital Liberty Invest, taking aim at the German shipping market.
MOL Ships Surfboards to South Africa
Japanese shipping lines Mitsui O.S.K. Lines (MOL) announced the shipment of 121 surfboards to South Africa under the "Surf for Smile" Project, and a ceremony to…
DMA Promotes e-Navigation
Co-hosted by The Danish Maritime Authority (DMA) and IALA, the conference ’e-Navigation Underway’ was held for the 8th time. 150 participants from 5 continents joined…
China Reveals “Polar Silk Road” in Arctic
China unveiled its ambitions to develop a "Polar Silk Road" through the Arctic, joining a multinational race to exploit opportunities in the resource-rich region…
TOTE Places Hawaii Plans on Hold
U.S. ocean carrier TOTE said its plans to enter the domestic Hawaiian trade have been derailed by the scope and timing of infrastructure upgrades that would be required to accommodate the new service. TOTE had been earmarked access to Honolulu Piers 1 and 2 and exclusive use of the adjacent 45 acres starting in 2020, but the carrier has now put its plans on hold after a preliminary study of the site…
Damen Maaskant Scores Twin-rigger Contract
Damen Maaskant Shipyards Stellendam said it has secured another contract to build a twin-rig fly shooting fishing trawler; this time for brothers Rense and Johannes de Boer. This is Damen Maaskant’s second fishing trawler contract in as many months, following close behind the contract to build the 32-meter long Spes Nova that was signed in November. Although the new vessel, to be named Meindert Senior…
Rescuers Searching for Overdue Kiribati Ferry
Search and rescue crews are searching for a Kiribati passenger ferry that has gone missing with an estimated 50 people on board in the central Pacific. The 17.5…
Sea Ice Could Disrupt Shipping in Northern China
A unit of China's State Oceanic Administration (SOA) on Friday issued a blue alert for sea ice in a key port area in the north of the country, potentially disrupting commodities shipments, as temperatures in the region plummet. Sea ice in the Liaodong Bay, the northern arm of China's Bohai Sea, now extends 67 nautical miles (124 km) from the shoreline, the North China Sea Marine Forecasting Center said in an 0700 GMT alert.