Marine link

Top News

November 27, 2015 2:00 AM ET

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

  H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release hook has been developed principally for use with heavy workboats while a smaller hook has received SOLAS certification for 8-tonnes,

November 27, 2015 1:57 AM ET

S&P Raises Steamship Mutual outlook to Positive

  Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard & Poor’s note: • the Club’s risk-based capital is expected to remain extremely strong; •

November 27, 2015 1:55 AM ET

SSA Welcomes Decision To Extend BEO

  The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020.

November 27, 2015 1:53 AM ET

Norwegian Escape with Biggest Scrubbers sets Sail

  On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine. The scrubbers ensure that the cruise is not just pleasurable, but also environmental friendly.

November 27, 2015 1:53 AM ET

Evergreen Line Orders Ten 2,800 teu Ships

 Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation.   The deal between the companies is to buy 10 new 2800 TEU container vessels. The Contract value is $390mln.

November 27, 2015 1:53 AM ET

ZIM Integrated Shipping Remains Profitable

 Despite challenging market environment with freight rates reaching historic lows in several key trades,  ZIM Integrated Shipping Services continues to outperform the average adjusted EBIT margins in the Industry.   ZIM Integrated Shipping , one of

November 27, 2015 1:52 AM ET

Controversial Nicaragua Canal Project Postponed

 China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016.   HKND has obtained approval for environmental studies of the canal earlier this month.

November 27, 2015 1:52 AM ET

Pressure on Container Market Akin to 2008 Recession: UASC

 A marked drop in Asian imports to Europe, made worse by a strong dollar, has exacerbated the pressure on shipping lines already struggling with massive over capacity, Arabian Supply Chain quotes United Arab Shipping Company (UASC) as saying.   Jorn Hinge,

November 27, 2015 1:52 AM ET

Dan-Bunkering Appoints Bara as Bunker Trader

  Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015. Lamin was born and raised in a multilingual family in Denmark and has been working in the transportation/logistics industry for the past many years.

November 27, 2015 1:51 AM ET

Moore Stephens Highlights Potential Tax Issues for Shipping

 As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses publish their tax strategies as they relate to or affect UK taxation, as well as a special

November 27, 2015 1:51 AM ET

SSAB, Aspo ESL Shipping Pact On Sea Transport

 The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea.   The purpose of the agreement is to secure deliveries of raw materials,

November 27, 2015 1:50 AM ET

ESL Shipping to Enter the Renewable Energy Market

 ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market. The company's transport operations to the new Värtan Energy Port in Stockholm will commence at the end of this year.

November 27, 2015 1:49 AM ET

Evoqua, Drew Marine Ink BWMS Deal

  Evoqua Water Technologies and maritime solutions and logistics expert, Drew Marine, have announced a partnership to provide a full compliance package for ballast water management. The collaboration brings together Evoqua’s technology and Drew Marine’s engineering,

November 27, 2015 1:46 AM ET

Need to Monitory Coal from Indonesia - UK P&I

  There are various hazards associated with the trade in coal. UK P&I Club’s Loss Prevention Team highlights the risks involved, and advises on the relevant actions to take in order to reduce accidents.   Self-heating incidents involving coal cargoes

November 27, 2015 1:37 AM ET

Raytheon Anschütz Succeeds in SYNTACS SAT

Raytheon Anschütz, a leading integrator of naval integrated bridge systems, has successfully completed the Sea Acceptance Test (SAT) for the Synapsis Tactical Command System (SYNTACS) aboard a series of new Interceptors and Patrol Boats built at CMN’s Cherbourg shipyard in France.

November 27, 2015 1:31 AM ET

Escort Tug Launched for Bay-Houston Towing

Eastern Shipbuilding Group, Inc. announced the launch of the Escort Tug H. DOUGLAS M (Hull 236) for Bay-Houston Towing Company on November 17, 2015. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently

November 26, 2015 6:32 AM ET

Nakilat Damen Shipyards Qatar JV is 5

  On 23 November 2015, Nakilat Damen Shipyards Qatar celebrated its first 5 years of operation. With 40 vessels delivered or under construction, the yard has proven its capability to support Qatar’s national strategy for economic diversification. “The

November 26, 2015 6:29 AM ET

Deltamarin to Designs First LNG Handysize Bulk Carriers

  Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities. The two B.Delta26LNG vessels will be constructed for the Finnish

November 26, 2015 6:25 AM ET

Wärtsilä's' Digital Services for Performance Enhancement

  Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation. The three product

November 26, 2015 6:22 AM ET

Rickmers-Linie Completes Recertification

  Rickmers-Linie, the Hamburg-based specialist in worldwide liner services for heavy lifts and project cargoes, has successfully completed audits by DNV GL which took place between 3 and 5 November. As a consequence the company, which belongs to Rickmers Group,

rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright