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Royal IHC Launches TSHD for Adani

Dutch shipbuilder Royal IHC informs it has launched Adani’s 8,000m3 IHC Beagle trailing suction hopper dredger (TSHD) – Shanti Sagar 18 – at a ceremony on July 7 at the builder’s shipyard in Krimpen aan den IJssel, The Netherlands. Shanti Sagar 18 will be mainly utilized for maintenance dredging.

Bureau Veritas Approves Wison's W-FSRP Concept

Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation.

Canada Extends St. Lawrence Seaway Agreement

Canadian transport minister Marc Garneau announced a five-year extension to the Government of Canada’s agreement with the St. Lawrence Seaway Management Corporation to manage, maintain and operate the Seaway. This extends the existing agreement until March 31…

Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7

Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider.

Nakilat, Höegh LNG Ink MoU on FSRU project

Nakilat signed a Memorandum of Understanding (MoU) with Höegh LNG, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business as part of its diversification strategy for opportunities and solutions to delivering LNG to the global markets…

New Passenger Vessel Delivered to Majestic Ferries

Majestic Ferries’ fleet continues to grow with the delivery of Majestic Dream, the first of a new class of Incat Crowther-designed fuel-efficient 39m HSC compliant passenger vessels. Majestic Ferries operates vessels between Singapore and Batam in a competitive marketplace.

Baltic Index Advances on Firm Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday on stronger rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

Weather Suspends Bosphorus Marine Traffic

Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Tuesday due to poor visibility and heavy rain, shipping agent GAC said. It said shipping was suspended at 830 am (0530 GMT). The…

Yang Ming to Float 500 mln Shares

The Taiwanese ocean carrier Yang Ming Marine Transport will make a public offering of 500 million shares as part of the company's ongoing recapitalization plan, the Taiwanese ocean carrier said in a statement. It will offer the shares to existing shareholders…

CSSC to Build Research Vessels

China's government controlled China State Shipbuilding Corp (CSSC) is going beyond building navy vessels and making advanced scientific research ships, Xinhua reported. CSSC has been focussing on defence sector till now. It was the largest supplier of surface combatants to the Chinese Navy…

DP World, Indonesian Government Sign Pact to Develop Ports

DP World and Indonesian government and port officials signed an agreement to advise on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra. As part of a Technical Assistance Contract, DP…

AHHI Insures 1,900 Vessels in First Year

Cyprus-based American Hellenic Hull Insurance (AHHI) surpassed key targets during its first year of operation: 1,900 insured vessels, written premium income exceeded $10 million and covered 35 million GT on 100% basis, said a press statement.

Lundin Extends Contract for Ocean Rig

Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson. In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells in the future.

GOGL Adds Dry Bulk Vessel

Golden Ocean Group (GOGL) says that it has taken delivery of one dry bulk vessel, Q Deb. "GOGL announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17.8 million consideration shares…

APL Records Highest CO2 Emission Reduction of 48% in 2016

APL has announced its highest recorded fleet carbon dioxide emissions reduction of 48% in 2016, compared to its base level in 2009. Verified by Lloyd’s Register Group according to the Clean Cargo Working Group (CCWG) verification protocol and ISO14064-3:2006 standard…

The Strong and Silent Type

Mapping and shaping the growth of marine hybrid means many things to different stakeholders. The journey leads us all to the same place. If you follow the advancements in automotive design, the term or tag “hybrid” has come to define the alternative energy movement on our roads and highways.

First 13,000 TEU Containership Transits Under New York and New Jersey’s Raised Bayonne Bridge

The 13,208 TEU OOCL Berlin became the largest ship to call at the port of New York and New Jersey when it arrived Monday after transiting under the newly-raised Bayonne Bridge. OOCL Berlin sailed into Newark Bay docked at Maher Terminals Berth 68 on Monday afternoon. Show More Summary

Salvage of Sunken Towing Vessel Continues on Upper Mississippi River

The Unified Command setup in response to a sunken towboat loaded with fuel on the Upper Mississippi River near Cairo, Illinois was set to lift the vessel from the water on Monday as salvage efforts continue more than a week after the incident. Show More Summary

Bigger Ships Seen Adding More Pressure on Asia-Mediterranean Container Trade

By Mike Wackett (The Loadstar) – Ultra-large container vessels (ULCVs) being phased onto the Asia-Mediterranean container trade are likely to put freight rates under renewed pressure in the final three months of the year, according to Drewry. Show More Summary

Propane Safety for Boats

Despite the downsides, a propane system made of high-quality components, properly installed and maintained, can provide many years of safe and trouble-free cooking and heating.

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