Trident to Acquire Callenberg
Trident Maritime Systems (Trident), a portfolio company of J.F. Lehman & Company (JFLCO), signed a definitive agreement to acquire Callenberg Technology Group (Callenberg)…
Fort McHenry: Vane Brothers New 3,000hp Tug
Vane Brothers is hailing the newest addition to its fleet: the Fort McHenry, a state-of-the-art, 3,000-horsepower tugboat named in honor of the historic landmark that can be seen from the company’s Baltimore, Maryland, headquarters. Designed by Frank Basile, P.E., of Entech Designs, LLC, the Fort McHenry is the most recent of 12 “Sassafras Class” tugboats delivered to Vane since 2008 by Chesapeake Shipbuilding of Salisbury, Maryland.
Knud E. Hansen To Showcase ShipSpace at SMM
The ShipSpace product is a next-generation Virtual Reality (VR) Design Verification Tool that allows designers, engineers and key stakeholders to validate design ideas and communicate effectively about vessel concepts and designs. The product consists of computer hardware and software on the customer’s premises and in the cloud. KNUD E. HANSEN will be showcasing ShipSpace, a new Virtual Reality (VR) tool to aid ship designers and engineers, at the SMM in Hamburg.
Grounded Bulk Carrier Refloated in Washington
The U.S. Coast Guard is responding to an incident involving a motor vessel that grounded in the Columbia River near Skamokawa, Washington, Friday night. The motor vessel Rosco Palm, a 751-foot Hong Kong-flagged cargo ship reportedly ran aground at 7:49 p.m. on Friday night, refloated, moved to a few miles upstream to mitigate collision risk and then grounded while at anchor on sand bottom while waiting for first light assessment.
Kelvin Hughes bags Marseille VTS Radar Contract
Kelvin Hughes has been awarded the contract for the second phase of a radar system installation by the Port of Marseille Fos in Southern France. The Enfield-based company supplied five SBS-700 radar systems earlier this year that were integrated with the port's Vessel Traffic Management System (VTMS). The second phase has seen two more, identical models installed and commissioned at the port in July.
Parker to Supply Three Arctic Vessels
Parker Bestobell Marine, a supplier of cryogenic valves and part of Parker, a leader in motion and control technologies, has received a major new order from DSME (Daewoo Shipbuilding & Marine Engineering) in South Korea to supply cryogenic valves for three new vessels. The company’s valves will be used in the cargo handling systems, including the main discharge line that controls the initial flow of LNG from the cargo tanks when pumping starts.
Russia Starts Planned Naval Exercises in Eastern Med
Russia said on Monday it had started planned tactical exercises in the eastern part of the Mediterranean Sea to test the ability of the Navy to act in crisis situations of a terrorist nature.
Asia N.Europe Box Rates PLunge 10.5 pct
Container spot freight rates from Asia to Northern Europe fell 10.5 percent to $771 per twenty-foot equivalent units (TEU) last week, data from the Shanghai Shipping Exchange showed.
WFW advises GPH on Venice Cruise Port Acquisition
International law firm Watson Farley & Williams advised Global Ports Holding on the acquisition of two significant stakes in Venezia Terminal Passeggeri S.p.A made via Venezia Investimenti S.r.l.…
BBC Chartering launches office in Esbjerg, Denmark
BBC Chartering announces the re-launch of its presence in Denmark with a new representative office in Esbjerg opening August 15, 2016. “Global wind power saw an unprecedented growth recently…
Maersk Drilling Delivers $164m Profit
Maersk Drilling delivered a profit of USD 164m (USD 218m) in the second quarter of 2016. The result is positively impacted by a strong operational performance with…
Two MOL Subsidiaries' Names Changed
Mitsui O.S.K. Lines, Ltd. today announced name changes for two of its major wholly owned subsidiaries: MM HOLDINGS (AMERICAS) INC. to MOL (AMERICAS) HOLDINGS, INC.…
Kiel Port Marks 2,500th Cruise Ship Visit
Kiel is today (Saturday, 13th Aug.) celebrating the arrival of its 2,500th cruise ship visitor Cunard Line’s “Queen Elizabeth”, which berthed this morning to mark the event.
Fishermen Rescued from Liferaft West of Cape Blanco
The Coast Guard rescued three fishermen from a liferaft 8 miles west of Cape Blanco at 1:15 p.m., Sunday. The three fishermen, reportedly uninjured, are aboard a…
Salvors Assessing Grounded Transocean Drilling Rig
A team of eight salvors is now making its way on board the drilling rig Transocean Winner which is currently grounded off the Isle of Lewis. They’ll now be carrying…
Maersk Cautions on U.S. Protectionism
Danish conglomerate A. P. Moeller-Maersk A/S, the world’s largest container shipping company, has voiced its concern as a potential shift in U.S. policy threatens to reduce global trade…
Kogas Sign MoU for LNG Terminal in Mexico
South Korea’s Kogas (Korea Gas Corporation) has signed a memorandum of understanding (MoU) with the Mexican state of Yucatan to construct an liquefied natural gas…
Has the Link between OPEC Production and VLCC Rates broken?
For the tanker market, in particular for VLCCs, increasing Middle East OPEC production is typically a good sign. Poten and Partners in its Shipbrokers Reports says…
Gadkari Flags off Two Vessels from Varanasi, India
A trial run of two cargo vessels from the Aghoreshwar Bhagwan Ram Ghat Varanasi. The vessels viz. MV Joy Basudev (capacity 1400 tons) and MV V.V Giri (capacity 300 tons)…
Atlantic Hurricane Season to be Stronger than Expected
In its updated 2016 Atlantic Hurricane Season Outlook, NOAA calls for a higher likelihood of a near-normal or above-normal season, and decreases the chance of a below-normal season to only 15 percent…