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MarineCFO Unveils Commercial Release of MarineCFO

MarineCFO Inc., a provider of marine transportation solutions announced the commercial release of MarineCFO for the marine transportation industry. MarineCFO, Inc. offers industry leading solutions to the global Marine Transportation Industry. Built upon the UA Financial Management and Business Framework Software Platform, MarineCFO boasts the benefits from the expertise and experience gained in over 6,000 customer installations worldwide in most major industries.


Swift Appointed Foundation GM

Captain Peter J. Swift has been appointed as the General Manager of the Maritime Industry Foundation. He takes up his new position with effect from June 2007. Before joining the Maritime Industry Foundation, Captain Swift spent forty eight years in the maritime industry. Twenty of those years were at sea, with command experience on LNG carriers, OBOs and aframax tankers. Shore experience included marine operations and technical management positions with P & O Bulk Shipping Division


Ship Demand to Reach 31 Million DWT between 2006-2010

According to Research and Markets, which provides an in-depth study on supply-demand, competitive pattern and latest market changes in Chinas shipbuilding industry, as well as presents and analyzes the development and operating strategies, competitiveness and the prospect of major manufacturers in details, from 2006 to 2010, the total demand of ships will reach 31 million DWT, and the annual demand will be 6.2 million DWT on average


Korea's Shipbuilding Industry Update

According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding and Marine Engineering places among the top five along with Hyundai Heavy Industries and Samsung Heavy Industries. Korea's shipbuilding industry, keeps on growing. This year's ship exports are expected to exceed US$30 billion, up 13 percent from last year.


Pakistan President Approves Strengthening Shipbuilding Industry

Pakistan President President General Pervez Musharraf said shipbuilding industry can become the country’s great asset due to its potential and would contribute to the uplift of national economy.The President was chairing a meeting of Karachi Shipyard and Engineering Works (KSEW) to review the shipbuilding industry, which was also attended by Prime Minister Shaukat Aziz. Vice Admiral Iftikhar Rao, Managing Director KSEW in his presentation informed President Musharraf that shipbuilding is


Kronodoc Oy Introduces Software Version for Marine Industry

Kronodoc Oy introduces a new software version, Kronodoc Marine. The new version is suitable for Marine Industry clients to manage their content, execute program and project management around the world. Kronodoc generates process analysis and reports in a distributed collaborative environment. The new software version adds a wide range of new functionality: Project Email Tracking Powerful Information Search Process Management, System Application Integration (Ex: CAD Viewer, CADRef)


Expansion Continues at the Australian Marine Complex

The expansion of Western Australia’s shipbuilding capabilities is set to continue with the construction of two crucial common-use facilities at the Australian Marine Complex ( AMC ) at Henderson. The State Government has today called for expressions of interest to build a service and repair facility for the local super-yacht industry and a blast and paint facility at the AMC. Industry and Enterprise Minister Francis Logan said the State Government was committed to ensuring the


Japanese Shipyard Expected To Integrate

Three Japanese shipbuilders are expected by the end of the week to sign an agreement to integrate their operations, Reuters reported. According to the report, Kawasaki Heavy Industries Ltd., Ishikawajima-Harima Heavy Industries Co., (IHI) and Mitsui Engineering & Shipbuilding Co Ltd. are set to integrate operations in the general commercial vessel market. The combined annual revenue of the their ship businesses in fiscal 1999 totaled 308.5 billion yen, surpassing the 268


Dow Named VP of Public Affairs for Carnival

Tom Dow, a 28-year travel industry veteran, has been named vice president - public affairs for Miami-based Carnival Corporation & plc. In this newly created position, Dow serves as Carnival Corporation & plc's liaison to federal and state governments and local communities in North America. He also serves as Carnival Corporation & plc's representative for industry organizations such as the International Council of Cruise Lines


Kalmar Negotiate Agreement for STS

Kalmar Industries and Lubbers’ Constructiewerkplaats en Machinefabriek Hollandia BV, are negotiating an agreement concerning the production of steel structures for ship-to-shore (STS) cranes. In the proposed partnership, Hollandia will be responsible for the steel fabrication and assembly of Kalmar STS cranes. Kalmar Industries BV, Kalmar’s Dutch subsidiary, will focus on marketing, R&D, project management and servicing of STS cranes.


Shipping Confidence on the Rise -Moore Stephens

Greiner Richard (Photo: Moore Stepehens)

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  


Corvus Energy to Power UK Hybrid Ferry

Corvus Energy Inc. has announced that Wärtsilä, provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid ferry being built for UK based Wightlink Ferries


On the Majestic Maersk, mega-ship dreams obscure cloudy future

File Image (Maersk)

For Captain Dick S. Danielsen, the childhood dream has been to sail the world's biggest ships. The Danish seaman got his chance three years ago when he was asked to helm the Majestic Maersk, a mammoth, baby blue-painted vessel that at 400 meters (1


Baltic Exchange Shareholders Approve Singapore Exchange Takeover

Baltic Exchange shareholders on Monday approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions, in a deal that will give SGX access to the multi-billion-dollar freight derivatives market.


Wärtsilä Takes Part in Autonomous Shipping Project

Photo: Wärtsilä

 Wärtsilä’s strong commitment to developing the technologies, the system reliability, and the essential designs to enable the viability of autonomous shipping is again emphasised through its participation in an important research programme.   


Agility, Maersk Join to Slash CO2 Emissions

​From left to right: Mark Guenter, Key Client Manager, Maersk Line; Michael Hansen, Global Head of Sales, Maersk Line; Cas Pouderoyen, Senior Vice President for Global Ocean Freight, Agility Logistics; Vincent Clerc, CCO, Maersk Line

 Agility Logistics, a leading global logistics provider, has signed an agreement with Maersk Line, to cut CO2 emissions by 15% per container transported for Agility shipments by 2020.   The agreement is part of Maersk’s Carbon Pact Challenge


SENER Unveils FORAN V80R2.0

SENER´s Stand at SMM Hamburg 2016 Photo SENER

The SENER engineering and technology group has taken part in the SMM Hamburg maritime trade fair, one of the most prestigious international meetings in the sector, which is held every two years, on this occasion from September 5 to 9. SENER, staying loyal to a tradition of over 20 years


Finland Funds Autonomous Ship Research

Image: Tekes

 The Finnish government's innovation investment arm, Tekes, said that it is making a multi-year commitment to funding collaborative research and development of autonomous, unmanned ships to ply the world’s oceans in the not-so-distant future.   


Shell Loads First LNG Vessel at Gate Terminal

Coral Methane loading (Photo: Shell)

Shell loads first LNG vessel, using new LNG fuel infrastructure at Gate terminal. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations. The loading of Shell’s chartered LNG vessel, the Coral Methane happened on September 19th


ABS' New Subchapter M Guide

[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S. Coast Guard (USCG) requirements governing towing vessels that operate in U.S. inland waterways.


MarAd Stresses Economic Impact of Shipyard Jobs in NE

Maritime Administrator Paul “Chip” Jaenichen (Photo: MARAD)

In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the


MarineLink.com Gets a Facelift

(Image: MarineLink.com)

MarineLink.com – the commercial maritime industry’s longest running online news site, launched a newly designed version today.  The new mobile-friendly site features a sleek new look, enhanced search and archive functions, easier navigation, videos and much more


RBS Says Starts Winding Down Shipping Business

The Royal Bank of Scotland has begun winding down its global shipping finance business, it said on Tuesday, ending efforts to sell it amid a worsening downturn across the freight industry.   Chief Executive Ross McEwan is battling to complete a restructuring


ABS Updates BWT Guidance

Kirsi Tikka (Photo: ABS)

ABS, a provider of classification and technical services to the marine and offshore industries, has updated the ABS Guide for Ballast Water Treatment to support industry in the design and installation of ballast water management solutions that meet both regulatory and operational requirements.


$100M Tug Contract: Fourth Boat Delivered in South Africa

TNPA’s new tug, OSPREY, was launched and named at the Southern African Shipyards premises in Durban, South Africa.  (Photo: TNPA)

Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban.   The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha






 
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