OSG Joins NYSE "Big Board"
Overseas Shipholding Group, Inc. (NYSE:OSG) (the “Company” or “OSG”) announced today that it has been approved by the New York Stock Exchange (“NYSE”) to transfer…
Admiral of the Ocean Sea Award Recipients Named
The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways…
Orca Energy ESS to Power Fish Farm Support Vessel
Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO.
Terntank's first 15000DWT Chemical Tanker Passes Sea Trials
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final…
Slowing Shipping Fleet Growth to Ease Officer Shortage
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.
BIMCO Launches New Standard Agreements for Novation of Shipping Contracts
BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Two of the agreements cover time charter parties…
Promoting National Maritime Transport Policy in Saint Lucia
A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.
Bronson Hsieh Leaves Evergreen to Head Yang Ming
Evergreen Group vice chairman Bronson Hsieh has been appointed chairman of rival Taiwan carrier Yang Ming Marine. Yang Ming Marine Transport, the nation’s second…
Expanded Panama Canal Nears Inauguration
As the global shipping industry facing tough weather, the $5.25 billion expansion of the Panama canal is set to open Sunday (June 26), reports AP. The deeper, wider…
Turkey to Modernize Pakistan’s Subs
The Turkish defense firm Defense Technologies and Engineering (STM) won the tender to modernize Pakistan's submarines against its French competitor DCNS, reports Daily Sabah.
Turkey Launches F-513 TCG Burgazada
Turkish Navy’s third Milgem class corvette, the F-513 TCG Burgazada, created as part of the MILGEM project, was launched with a ceremony attended by Turkish President…
Subsea 7 Announces PLSV Swap off Brazil
Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil. The agreement will see the Subsea…
Oil Ends Higher in Choppy Trade ahead of Britain's EU Vote
Oil prices closed 2 percent higher after a volatile session on Thursday, with investors less worried about prospects for the global economy after the last pre-vote…
Norsepower’s Rotor Sail Wins Innovation Award
Norsepower Oy Ltd., the developer of the world’s first renewable energy-powered vessel technology, has received the ‘Innovation of the Year’ accolade at the 2016 Electric & Hybrid Marine Awards’ ceremony, which took place at Electric and Hybrid Marine World Expo in Amsterdam. Now in its third year, the Electric & Hybrid Marine Awards recognizes and honors the world’s finest manufacturers, suppliers, engineers, innovations and products, in electric and hybrid marine propulsion.
Klüber Synthetic Gear Oils Offer Max Efficiency
Klüber Lubrication, manufacturer of specialty lubricants, provides high-performance gear oils that are based on high-grade raw materials and advanced additives, enabling maximum efficiency in the lubrication of gear components. Klübersynth GEM 4 N are high-performance gear and multipurpose oils based on polyalphaolefin that provide outstanding protection against wear with resistance to micropitting, foaming, and residue formation.
Kuriyama Joins Matson Board of Directors
The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016. Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc. He first joined Alexander & Baldwin in 1992, and from January 2010 until his retirement in December 2015, he served as Alexander & Baldwin's president and chief executive officer. Prior to joining Alexander & Baldwin…
First U.S. Ship-to-Shore Drone Delivery
Flirtey, a Johns Hopkins University School of Medicine doctor and the Field Innovation Team showcase humanitarian potential of drones for the United Nations and American Red Cross. Drone delivery service Flirtey and Dr. Timothy Amukele, assistant professor of pathology at Johns Hopkins University School of Medicine, successfully conducted the first ship-to-shore drone delivery in the U.S. on the New Jersey coastline.
Damen Wins Best Paper Award at WODCON
At the WODCON 2016 held last week in Miami, Damen was awarded the “Best Paper Award” for a paper on efficient dredge pump design, written and presented by Klaas Slager. The WODCON is the annual conference of the Wester Dredging Association, where dredging specialist gather to discuss developments in the industry. In total some 120 presentations were held over the four-day gathering. During the closing ceremony held on June 17…
Merger: Survitec Joins Forces with WMS
Survitec Group announced a transformational deal with the Marine Safety business of Wilhelmsen Maritime Services AS (WMS), in which WMS will transfer into Survitec…
Alabama Pilots Order High-speed Launch from Gladding-Hearn
The Alabama Pilot, Inc., in Mobile, Ala., has ordered a Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery of the new 53-footer is scheduled for mid-2017.
