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South Korea Says Contact Established with Vessel off Somalia After Suspected Pirate Attack

SEOUL, May 27 (Reuters) – South Korea said on Saturday it has resumed contact with a distressed fishing vessel that feared it was being followed by a suspected pirate vessel off the waters of Somalia, and that the 3 Koreans and 18 Indonesians on board were safe. Show More Summary

Memorial Day Weekend Boating Safety PSA – How to Dock Like a Boss

Have a great Memorial Day weekend, everyone! Stay safe out there. And remember, drowning doesn’t look like drowning. The post Memorial Day Weekend Boating Safety PSA – How to Dock Like a Boss appeared first on gCaptain.

Asian Maritime Sector Ready for More VSAT

A Marlink commissioned survey of Asian ship owners has confirmed that many shipping companies are ready to embrace the increased capacity and greater data usage enabled by maritime VSAT. Marlink initiated the survey to further deepen its understanding of the Asian markets…

Bulk Carrier Rescues Fishermen off Peru

The commercial bulk carrier Global Vega rescued seven fishermen in distress on May 21 off the coast of Peru. While Global Vega was sailing from the port of Acajutla, El Salvador, to the port of Callao, Peru, the vessel came upon a fishing boat having engine trouble.

Big Drop in U.S. Oil Stocks Finally on the Way, Traders Say

By Catherine Ngai and Devika Krishna Kumar NEW YORK, May 25 (Reuters) – Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the United States in coming weeks, in what would be the most tangible sign of an inventory overhang reduction that has punished prices over the last […] The post Big Drop in U.S. Show More Summary

Spanish Shipbuilder Delivers First European-Built LNG-Powered Tug

Spanish shipbuilder GONDAN has delivered what is said to be the first LNG-powered dual fuel tug ever built in Europe. The tug, named DUX, was delivered Wednesday to its new owner, the Norwegian shipping company Østensjø Rederi A/S. DUX is the first tugboat of a series of three designed by the Canadian company Robert Allan Ltd. Show More Summary

New Simulator Operators Training Course

eMaritime group have written a new five-day Simulator Operators Training Course (SOTC) and will launch it with a free one-off session from June 19-23, 2017 at eMaritime Group HQ, Whiteley, Hampshire. The SOTC course has been written to give…

Volvo Penta Appoints Midwest Marine Sales Partner

Further building its network of Power Centers and distribution partners to support its commercial marine business in North America, Volvo Penta of the Americas has appointed Interstate Power Systems as a strategic commercial marine partner for Minnesota, Wisconsin, Iowa, Illinois and upper Michigan.

Kinder Morgan Commits to Trans Mountain Pipeline Expansion Linking Canadian Crude to Asian Markets

By Natalie Obiko Pearson (Bloomberg) — Kinder Morgan Inc. has committed to expanding a pipeline that will allow Canadian crude to be exported to Asia, a controversial C$7.4 billion ($5.5 billion) project that’s set to face revitalized opposition amid political upheaval in the nation’s Pacific Coast province. Show More Summary

Could Energy-Generating Kites Replace Offshore Wind Turbines?

By Anna Hirtenstein (Bloomberg) — Power-generating kites backed by Royal Dutch Shell Plc, Schlumberger Ltd. and EON SE will start tests in the U.K. this summer, with the aim of developing a technology that could eventually replace offshore wind turbines. Show More Summary

Suddenly There’s Another Littoral Ship in Trump’s Budget Plans

By Tony Capaccio (Bloomberg) — The White House budget office and the Navy are rushing to find an extra $600 million to buy a second Littoral Combat Ship after including only one in the budget that President Donald Trump proposed this week. Show More Summary

Flex LNG Signs Deals to Buy Six New LNG Carriers

By Lefteris Karagiannopoulos OSLO, May 26 (Reuters) – Oslo-listed Flex LNG has signed contracts to buy six new liquefied natural gas (LNG) vessels for its fleet by 2019, as it bets on increasing fuel demand from Britain and other countries, its chief executive told Reuters. Show More Summary

Rapp Marine Deck Equipment Rounds out New Harley Barges

Rapp’s workboat market offerings span the full range of operator requirements. Their latest contract provides a turnkey package. Long known for delivering innovative and custom deck machinery solutions to a wide range of marine stakeholders…

LUKOIL Marine Cylinder Oil Approved by MAN and WinGD

Ready for the 2020 sulphur cap? There is a big change in fuels ahead of us and the fuel suppliers are busy looking into several options. However, regardless of whether de-sulphurisation, MGO or distillate blends or any predominantly hydrocarbon…

Eltorque Offers Failsafe Valve Control

Manufacturer of electric valve actuators Eltorque has unveiled its new ‘Safe Intelligence’ concept, a prototype line of battery-assisted failsafe valve actuators that will guarantee full functionality in the event of power or signal loss. A…

Global Maritime Makes Two Hires in Asia Pacific

Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has made two important hires to support its Asia Pacific (APAC) operations. Mei Ling Chan has been appointed as Regional Finance…

Plenty Ships Wins Chinese Ferry Order

CoCo Yachts – Plenty Ships has won an order with Zhuhai Fast Ferry Company to build two aluminum high speed ferries. Zhuhai Fast Ferry Company has several fast ferries in its fleet, including two CoCo Yachts designed Coastal Cruiser 288, which…

Wärtsilä to Replace OSV’s Generator with Batteries

Wärtsilä informs it has signed an agreement with Norway’s Eidesvik Offshore to install a hybrid system with batteries on board of its offshore supply vessel (OSV) Viking Princess. Batteries will reduce the number of generators on board Viking Princess…

VLCC Rates to Stabilise as Owners' Resolve Stiffens

VLCC's likely to struggle to break even for next two months; three-tier VLCC market weighs on sentiment. Freight rates for very large crude carriers (VLCCs) are likely to become steady around the current levels as owners resist charterers' attempts…

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