Maritime News, Maritime Magazine

Royal IHC to Build Four New Vessels for DEME

The Netherlands based Royal IHC said it has secured a contract from Belgium-based…

Latest Maritime News

YANMAR America’s Commercial Marine Division Adds Three Repower Centers

YANMAR America’s Commercial Marine Division has announce the addition…
NC Ports Open for Business in the Choppy Wake of Florence

North Carolina Ports’ terminals in Wilmington and Morehead City resumed…
Two New Workboats for Dutch Dredging

Dredging contractor Dutch Dredging welcomed two new vessels to its…
China Navy Ship Makes Maiden Visit to Venezuela

A Chinese naval ship has traveled to Venezuela for the first time…
Ampelmann Wins Five North Sea Contracts

Offshore access solutions provider Ampelmann said it has won five…
Optimarin Secures Large Ardmore Order

Ballast water treatment (BWT) specialist Optimarin said it has secured…
Bomin Exits Bunker Markets in Singapore, Antwerp

The Bomin Group, a supplier of marine fuels, has announced that it…
Koole Terminals Acquires Odfjell Terminals Rotterdam

Odfjell Terminals entered into an agreement with Koole Terminals B.V.
Global Blockchain Technology Market in Logistics to Grow 82.86% by 2022

The global blockchain technology market in transportation and logistics…
Transocean Bags Equinor Contract Off Norway

Equinor has awarded Transocean a contract for drilling six wells…
Royal Research Ships in Hutchison Ports Harwich International

Hutchison Ports Harwich International has become a new base for the…
CompactClean BWMS Receives IMO Type Approval

DESMI Ocean Guard A/S has announced that the CompactClean Ballast…

Shipbuilding

HydroComp Upgrades PropCad Premium Feature Set

The latest release of HydroComp's PropCad 2018 Premium Edition includes a new utility to simplify the extraction of propeller features from full 3D CAD files, drastically reducing the time and effort needed to recreate an existing propeller or product model.HydroComp, a Durham, N.H. based maritime software and consultancy services provider…

Offshore

Noble Corporation Buys Gusto MSC CJ46 Design Jackup Rig

Noble Corporation has announced the purchase of a new Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean) in connection with a concurrently awarded drilling contract.Noble paid $33.75 million of the $93.75 million purchase price in cash, with the remainder of the purchase price, or $60 million seller-financed…

Coastal/Inland

ABB Acquires Logistics Tech Firm intrion

Swedish-Swiss multinational corporation ABB has completed its acquisition of intrion, with the aim of boosting its expertise in fast-growing logistics automation market.intrion is a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the logistics…

Government

US Coast Guard Publishes Final Ballast Water Management Reporting Requirement

A Final Rule eliminating the requirement for certain vessels that operate on voyages exclusively within a single Captain of the Port Zone to submit an Annual Ballast Water Summary Report for calendar year 2018 has been published.The Coast Guard views this current reporting requirement as unnecessary in order to analyze and understand ballast water management practices.

Equipment

Cerberus to Acquire Subsea Communications Business from TE Connectivity

Cerberus Capital Management announced that one of its affiliates has entered into an agreement with TE Connectivity under which Cerberus will acquire TE's Subsea Communications business (SubCom).Headquartered in Eatontown, New Jersey, SubCom is a leading global supplier of subsea communications systems with approximately $700 million in revenue, based on fiscal year 2018 expectations.

Training

Nor-Shipping Partners with SeaFocus

Nor-Shipping is partnering with business platform SeaFocus in an agreement aimed at connecting maritime companies with talented students.SeaFocus is an international organization, based in Finland, which works to highlight, discuss and enable opportunities within maritime. It’s Intelligence Hunt project sees businesses…

Law & Regulations

Suez Canal Revenues Jump in August

Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency.(Reporting by Yusri Mohamed, writing Amina Ismail; Editing by Toby Chopra)

Samson's Icaria for Mooring

Maritime Reporter Magazine Cover Sep 2018 - Maritime Port & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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