Vessel Automation: Command & Control
The marine industry is becoming increasingly competitive, with many looking to lower transportation costs while demanding the highest environmental and safety standards. Automating vessel operations and systems can significantly improve a vessel owner’s competitive edge in the market, by reducing staffing requirements, improving asset management, maintenance costs and minimizing risk of environmental incidents due to human error.
Great Ships of 2016: Sunray
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Builder: SungDong Shipbuilding & Marine Engineering Co., Ltd. Owner: Tsakos Energy Navigation Ltd. Sunray is the first vessel in a series of two LR I Product oil Carrier, built by SungDong Shipbuilding & Marine Engineering for Tsakos Energy Navigation Ltd. The vessel is built under…
How Will OPEC’s Cuts Affect Tanker Markets?
After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing. The fourth quarter of 2016 is capping what has been a mixed 12 months for the tanker markets. The agreement by OPEC members and non-members alike to cut production in an attempt to reduce oversupply will be a core determinant of conditions in 2017. The latest MSI Quarterly Tanker Market analysis finds that despite the cuts having a limited negative near-term impact…
Chinese Carrier Docks After Drill Amid Taiwan Tension
China's sole aircraft carrier has arrived at a naval base on the southern Chinese province of Hainan, a senior Taiwanese military officer said on Wednesday, after…
Van Oord to Reinforce Houtrib Dike
Van Oord announces that the Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat) intends to award the contract for the reinforcement…
Father, Daughter Rescued from Vessel Taking on Water
The Coast Guard rescued Jonathan Mason and his 5-year-old daughter from their pleasure craft near the north end of Lake Borgne, Louisiana, Tuesday. Coast Guard Sector…
DNV GL forms Committee for Offshore Equipment Manufacturers
The NAOEMC is comprised of a group of industry experts and leaders that establish expectations and align the industry for future growth and development in offshore equipment manufacturing.
Euroseas Sells Bulker, Adds Feeder
Euroseas Ltd. announced today that it took delivery of the M/V RT Dagr, a 1,645 teu feeder containership built in 1998. As previously announced, the vessel was purchased by issuing 900…
Navy Accepts Delivery of USS Gabrielle Giffords
The Navy accepted delivery of the future USS Gabrielle Giffords (LCS 10) during a ceremony, Dec. 23. Gabrielle Giffords is the ninth littoral combat ship (LCS) to…
Ports of Stockholm Container Volume Zoom
A new record has been set for the number of containers transported to the Container Terminal at Frihamnen. Never before have so many containers been transported…
INTTRA Celebrates 15th Anniversary
Marking its 15th Anniversary in 2016, INTTRA, the world's ocean shipping electronic marketplace, looks back on the success of its innovative platform while embracing…
RS issues First Polar Ship Certificate
The first Polar Ship Certificate was issued by the Russian Maritime Register of Shipping (RS). The document was released by Murmansk Branch on 22 December, 2016…
Only One Bidder for STX France
The South Korean court handling the bankruptcy proceedings of STX Offshore & Shipbuilding Co. said that only a single bidder had submitted a binding proposal to…
Gloomy 2017 for Korea Shipyards
South Korea‘s three majors shipbuilders are forecast to get much fewer orders next year, Yonhap reports quoting industry sources. The three shipyards - Hyundai Heavy Industries (HHI)…
Navy Foils Piracy Plot in Malacca
Indonesian Navy arrested six alleged pirates attempting to hijack a foreign-operated tanker near the Malacca Strait, one of the world’s busiest trade routes, reports The Jakarta Post.
Dryships to Sell $200 mln of Stock to Kalani Investments
DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced today that it has entered into an agreement with Kalani Investments Limited…
Euroseas Sells Bulker, Adds Boxship
Euroseas Ltd., Greek owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced…
FESCO Fleet Adds New Ice-class Container Vessel
The container vessel “FESCO Nagaevo” with deadweight of 5 215 tons joined the fleet of FESCO Transportation Group. The vessel will operate under the Russian flag, the port of registry is Vladivostok.
Petterson Named Great Lakes CEO
The Board of Directors of Great Lakes Dredge & Dock Corporation, provider of dredging, environmental and remediation services, announced the selection of Lasse Petterson as CEO…
Delta ‘T’ Systems Expands Production
Marine ventilation systems company Delta “T” Systems said it has reconfigured its two 15,000 sq. ft. manufacturing spaces and added tooling and related equipment. The change accommodates the timely construction of the company's new USCG approved A60 Slimline Fire Damper and streamlines the production of the rest of its product lines. According to Delta “T” Systems, the new manufacturing equipment, plus other upgrades throughout the buildings, enhance its efficiency within all of its departments.