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September 26, 2016 4:21 PM ET

USCG to Commission 6th National Security Cutter

The U.S. Coast Guard announced Monday that the service's sixth national security cutter, Munro, will be commissioned April 1, 2017, at the Smith Cove Cruise Terminal in Seattle.    The cutter, which will be homeported in Alameda, Calif., is named after

September 26, 2016 3:29 PM ET

Japan Navy Chief Urges Resumption of China Port Visits

The head of Japan's navy on Monday repeated criticisms of China's pursuit of territorial claims in Asia but called for a resumption of port and personnel visits suspended for several years amid rising tensions between the two Asian powers.   Admiral

September 26, 2016 2:46 PM ET

InterDam Conducts Door Safety Test

Between July and September, 2016, the architectural safety equipment company InterDam’s engineers subjected its G21 Fire Door to a single sample blast and fire safety test.   The result, according to InterDam, was an unqualified success. “We have now

September 26, 2016 2:12 PM ET

Second Ship of Franklin Arctic Voyage Found, Canada Confirms

Canada confirmed on Monday it has found the wreck of HMS Terror, the second of two British ships lost in the disastrous Franklin Arctic voyage of 1845, and said the government will work closely with northern aboriginals on ownership of the artifacts.

September 26, 2016 11:06 AM ET

Sea Trucks Awarded Contract in Mexico

Sea Trucks Group has secured a charter for the Jascon 31 from Permaducto S.A. de C.V. (Protexa) for the provision of Accommodation and Heavy Lift services in the Gulf of Mexico. Sea Trucks will provide accommodation and lifting services in support

September 26, 2016 10:08 AM ET

Shipping Confidence on the Rise -Moore Stephens

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.

September 26, 2016 9:49 AM ET

Baltic Exchange Names Jackson as CEO

Baltic Exchange on Monday named Mark Jackson, a former Chairman and Director, to replace Chief Executive Officer Jeremy Penn.   Baltic Exchange shareholders earlier approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions,

September 26, 2016 9:45 AM ET

Topaz Secures Tengiz Oilfield Contracts

Offshore support vessel company Topaz Energy and Marine has been appointed the technical managers of three vessels by a consortium comprising Blue Water Shipping A/S and Kazmortransflot (KMTF), in connection with the TCO developed Tengiz oil field in Kazakhstan.

September 26, 2016 9:32 AM ET

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.

September 26, 2016 9:29 AM ET

Interlake Steamship Bulk Carrier Repowered

The newly repowered M/V Herbert C. Jackson departed Fraser Shipyards in Superior, Wis., yesterday giving a farewell salute to the Twin Ports where it has been undergoing its steam-to-diesel conversion since December 21.   As the last steam-powered ship in Interlake Steamship Company’s fleet,

September 26, 2016 9:16 AM ET

Nordic American Offshore Relocates HQ

Nordic American Offshore Ltd. (NAO) said it will move its corporate domicile from the Republic of the Marshall Islands to Bermuda.   According to NAO, the change of corporate domicile will not affect the company’s day-to-day business. NAO will continue

September 26, 2016 9:09 AM ET

DNV GL AiP for Vard's LNG Bunker Vessel Design

DNV GL has awarded Vard Engineering Brevik AS with an Approval in Principle (AiP) for their new 6,500 m3 bunker vessel design. The design has been evaluated for compliance with the DNV GL Gas Bunker rules, the applicable Gas Carrier rules as well as the IGC Code's 2016 edition.

September 26, 2016 8:54 AM ET

The Hague to Arbitrate East Timor-Australia Maritime Dispute

The Permanent Court of Arbitration in the Hague will oversee a compulsory arbitration between East Timor and Australia on their maritime boundary, it said on Monday, rejecting Australian objections. East Timor asked for the process which could decide

September 26, 2016 8:49 AM ET

Petrobras to Seek Builders for Six Platforms

Petroleo Brasileiro SA, Brazil's state-run oil company, as of 2017 will begin seeking offers for the construction of six new offshore oil platforms envisioned in current investment plans, according to a newspaper interview published Sunday. In an interview with O Globo,

September 26, 2016 8:34 AM ET

Otto Marine’s Two Australian Units May Wind-up

 Otto Marine Ltd. said three creditors filed three such applications with the Supreme Court of Western Australia to wind up  its subsidiaries in Australia - Go Inshore Pty and Go Marine Group Pty, says a report in Bloomberg.   Creditors are claiming A$787,

September 26, 2016 8:28 AM ET

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

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,

September 26, 2016 8:25 AM ET

IMRF Launches Children’s Lifejacket Campaign

 Lifejackets have been donated by ActionAid to the International Maritime Rescue Federation to send to the Mediterranean to help adults and children who need rescuing on a daily basis.   The 300 lifejackets – 150 for adults and the rest for children

September 26, 2016 8:21 AM ET

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. The proposed transaction,

September 26, 2016 8:17 AM ET

Wärtsilä Takes Part in Autonomous Shipping Project

 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.    Together

September 26, 2016 8:10 AM ET

Lenders Hire Rothschild to Sell ABG Shipyard

 Largest Private Sector Shipbuilding Yard in India ABG Shipyard is for sale. The Lenders led by State Bank of India has hired investment bank Rothschild to find a buyer for a majority stake in the company as they struggle to save Rs 16,000 crore ($2.



 
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