Maritime Industry Top News
Transinsular Announces Cape Verde, Inter-Islands Trade Routes
Transinsular announced the 'Lince Class', the fastest maritime connection with Cape Verde from Portugal (LeixƵes / Lisbon) and the Canary Islands (Las Palmas). And therefore, the most competitive solution for exporting products from Portugal, Spain, Northern Europe and the Mediterranean. At the same time, and as a complement to the 'Lince Class', the ETE Group will offer inter-island āATOBĆā cabotage servicesā¦
Baltic Index Higher On Strong Rates for Panamax, Supramax Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday on stronger rates for the panamax and supramax vessel segments. * The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up two points, or 0.17 percent, at 1,212 points, a peak since Jan. 29. * The panamax index was up 26 points, or 1.73 percent, at 1,528 points, the highest since Dec. 20.
ABB Azipod Hits Mileston with PONANT
As ABB's Azipod propulsion technology approaches its 30 year anniversary, the company announced that a milestone was recently hit in the cruise sector as ABB won ts 100th cruise ship order, winning the contract for powering PONANT's worldās first electric hybrid icebreaker. The luxury polar expedition cruise ship, due delivery for the French cruise company PONANT in 2021, will feature two Azipod VI propulsion units fit for the most challenging ice conditions.
RCL's Mariner of the Seas Upgrades with Valmet
Valmet will upgrade the Damatic XDi automation system to a Valmet DNA system onboard the Mariner of the Seas cruise ship owned by Royal Caribbean International. With this upgrade, the operators of the machinery and air conditioning systems will have a modern and efficient Valmet DNA user interface, including a state-of-the-art history storage and data analyzing and reporting tools. The order was included in Valmet's fourth quarter 2017 orders received.
Rolls-Royce rolls out Sophisticated Situational Awareness for Navigators
Rolls-Royce has unveiled a sophisticated situational awareness system that fuses multiple sensors with intelligent software to mitigate against the safety risksā¦
New Passenger Ship & Ferries Leadership for BV
Bureau Veritas has appointed Andreas Ullrich as Global Market Leader, Passenger Ships & Ferries. This is a key role involved from the concept stages through the operational life of projects helping ensure that clients are able to make the best commercial decisions based on technical understanding to mitigate risk and promote safety. Passenger ships and ferries are very important areas of activity for Bureau Veritas.
De Nora BALPURE BWTS Submits USCG Type-Approval Application
De Nora, a supplier of electrochlorination equipment, confirmed that submission for United States Coastguard (USCG) type approval for its BALPURE ballast water treatmentā¦
U.S. Crude Exports to Asia Slump as WTI Outperforms
Exports of U.S. crude oil to Asia appear to be starting to struggle under the weight of a narrowing discount for its domestic benchmark crude to international gradesā¦
23 Migrants Likely Dead on Trip from Libya to Italy
The International Organization for Migration said on Tuesday that 21 migrants were missing, and had probably drowned, after two boats, a rubber dinghy and a wooden boatā¦
Frontline Shares Jump as DNB Upgrades Tankers to 'buy'
Shares in crude oil tanker firm Frontline jump 10.5 pct to 34.48 crowns. DNB Markets predicts VLCC spot rates set to increase from $22,000 a day in 2018 to $41,000 a day by 2020.
Seaspan Appoints Brass as CFO
Seaspan Shipyards (Seaspan) has appointed Christof Brass as Chief Financial Officer (CFO). Christof brings over 20 years of experience successfully delivering largeā¦
Fincantieri to Revamp Grimaldi Ferry Pair
Fincantieri and the Grimaldi Group have signed a letter of intent for the cruise ship lengthening and transformation program "Cruise Rome" and "Cruise Barcelona" .
Damen Merges Marine and Van der Velden units
Damen Marine Components (DMC) and Van der Velden Marine Systems (VDVMS) announced a merger. As of 1st January the two companies are operating together as Damen Marine Components Netherlands (DMC NL).
USN Adds F-35 Carrier to Arsenal
A detachment of F-35B Lightning II's with Fighter Attack Squadron 121 (VMFA-121) arrived aboard the amphibious assault ship USS Wasp (LHD 1) March 5, marking theā¦
Cruise News: Eniram Mobile Launches
Eniram, a WƤrtsilƤ company, has launched Eniram Mobile to offer real-time decision-making support via mobile notifications. Eniram Mobile, which has been co-developedā¦
Lockheed Martin Wins $481 Mln US Defense Contract
Lockheed Martin Corp is being awarded a $481 million U.S. defense contract in support of the construction of four Multi-Mission Surface Combatant ships, the Pentagon said on Monday.
Samsung Heavy: New Share Issuance Worth $1.31 Bln
South Korea's Samsung Heavy Industries Co Ltd said on Tuesday the expected value of its planned new share issuance has been cut to 1.41 trillion won ($1.31 billion)ā¦
Hyundai Heavy Scales Back New Share Issue, to Raise $843 Mln
South Korea's Hyundai Heavy Industries Co Ltd said on Tuesday it plans to raise 906.5 billion won ($843 million) with its new share issue, less than a previous target of about 1.3 trillion won.
Reach Subsea Charters Subsea Vessel Olympic Challenger
Reach Subsea has entered into an agreement with Olympic Subsea for use of the subsea vessel Olympic Challenger for two years, with an option to extend for one year.
Oceaneering Acquires Ecosse Subsea
Houston-headquartered Oceaneering International has, through one of its wholly-owned subsidiaries, acquired the Aberdeen-based Ecosse Subsea Limited for approximately GBP 50 million (US$69 Million).
