Maritime News, Marine News, Maritime Magazine

Zvezda, Hyundai to Build Russian Aframax Tankers

A set of agreements between PAO Sovcomflot (SCF Group), Rosneft, the State Transport…

Netherland Hosts International Simulation-based Training Conference
Repeat NYC Ferry Business for Metal Shark
Shipping Confidence Continues to Climb -Report
Fincantieri Delivers Fourth of Eight Viking Newbuilds

The fourth of eight cruise ships Viking Ocean Cruises has ordered from Fincantieri has been delivered at the shipyard in Ancona. Viking Sun, as its sister ships…
U.S. Oil Exports set to Take Off by 2022

Latest Maritime News

Shipbuilding/Repair

Fincantieri to Build a Cruise Ship for Cunard

Fincantieri and Carnival Corporation & plc announced today the signing of a memorandum of agreement (MoA) for the construction of one next-generation cruise ship for luxury brand Cunard. The agreement will become operational when all the financial and technical conditions will be satisfied, the shipbuilder said. The ship will be built at the Monfalcone yard and join the Cunard’s fleet in 2022.

Deepwater

Maersk Sheds Oil Tanker Division

A.P. Moller-Maersk has agreed a $1.71 billion deal to sell its oil tanker division to its controlling shareholder, who in turn will enter an ownership consortium with Japan's Mitsui & Co. The Danish conglomerate last year embarked on a restructuring to focus on transport and logistics and last month sold its oil and gas business to Total in a $7.45 billion deal.

Offshore

Transocean Retires Six Floaters

Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. All six rigs were previously cold stacked.

Coastal/Inland

PPP Investment in Port Tampa Bay

Port Tampa Bay approved a public-private partnership (PPP) agreement with four other entities to divvy up who will pay for a $60 million widening and extension of the Big Bend Channel. The strategic partners include the U.S. Army Corps of Engineers, the Florida Department of Transportation (FDOT), Tampa Electric Co. and Mosaic Co.…

Government

U.S. Navy Carrier Drills with Japanese Navy

The U.S. Navy carrier Ronald Reagan is conducting drills with Japanese warships in seas south of the Korean peninsula, Japan's military said on Friday, in a show of naval power as Pyongyang threatens further nuclear and missile tests. The Reagan strike group will conduct a separate drill with the South Korean Navy in October…

Equipment

Siemens to Build Wärtsilä Marine Gear Boxes

Wärtsilä and Flender (Siemens AG, Mechanical Drives) have reached an agreement that will transfer the assembly and testing of Wärtsilä's marine gear box portfolio to the Siemens Mechanical Drives facilities in Voerde, Germany. In announcing the deal, Wärtsilä said the new arrangement takes advantage of synergies with processes…

Training

MTCC-Asia is Up and Running

Maritime administrators from over 20 countries across Asia have gathered at the first regional event of Asia’s Maritime Technology Cooperation Centre (MTCC-Asia) to discuss ways to bring shipping into a low carbon future. More than 50 participants joined representatives from the EU and IMO at the Shanghai Maritime University…

Law & Regulations

Horizon Shipbuilding to 'Reorganize' Amid Insufficient Revenues

Horizon Shipbuilding announced it will reorganize amid revenues insufficient for maintaining normal operations. Lance C. “Last year, Travis R. Short, President of Horizon Shipbuilding saw an opportunity to repeat a great construction performance from 2012. Namely, an unheard of quantity of vessels in a very short period of time starting from ground zero.

Maritime Reporter Magazine Cover Sep 2017 - Maritime Port & Ship Security Edition

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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