Maersk Unable to Process Orders after Cyber Attack
Shipping giant A.P. Moller-Maersk, which handles one in seven containers shipped worldwide, is not able to process new orders after being hit by a global cyber attack, it told Reuters on Wednesday.
China Launches New Class of Naval Destroyer
China's military on Wednesday launched a new type of domestically-built destroyer, state media said, the latest addition to the country's rapidly expanding navy.
Lenders Ramp up Pressure on 'Toxic' Shipping Debt
Financiers are set to take a tougher stance towards distressed shipping loans including more enforcement action to recoup funds, while capital on offer to the industry is expected to shrink further…
Capesize Demand Buoys Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday as demand for capesize vessels increased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 26 points, or 2.88 percent, at 929 points. The capesize index gained 104 points, or 9.76 percent, to 1,170 points. Average daily earnings for capesizes…
Keppel Bags $85 Mln Conversion and Repair Projects
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of $85 million for the conversion…
TMC Compressors Ordered for Star Cruises Newbuilds
Marine compressor supplier TMC Compressors said it has won a contract from shipbuilder MV WERFTEN to supply a complete compressed air system to two new cruise ships the German shipyard group is building for Genting Hong Kong’s Star Cruises. Under the contract, TMC will manufacture and deliver 4 x 85 KW marine compressors as well as 4 x RD600 air driers to each of the two cruise ships. The equipment will be delivered to MV WERFTEN’s yard in Wismar, Germany, where the cruise ships are being built.
Ballast Water Convention Fate in the Balance -Coldharbour CEO
Delegates at the IMO’s Marine Environment Protection Committee 71, due to gather in London during the first week of July, may well have the last chance to ensure that the long-delayed Ballast Water Convention is implemented, as intended, in an orderly fashion when ships undergo their special surveys, once every five years. This, says Coldharbour Chief Executive Andrew Marshall, will ultimately decide…
New Propulsor Leverages PM Technology
Finnish collaborators have unveiled a new propulsion unit. Azimuth propulsion specialist Steerprop has rolled out its new CRP ECO LM propulsor featuring permanent magnet (PM) technology from The Switch. Steerprop has been developing propulsion units since 2001, while The Switch, a developer of advanced drive train solutions, has been using its technology to enhance performance in marine applications.
ABS Issues Software Quality Assessment in Asia Pacific
ABS has issued the first Integrated Software Quality Management (ISQM) Product Design Assessment (PDA) Certificate in the Asia-Pacific region for Industrial Control…
Meet OSCAR, the Water Rescue Training Dummy
Recovering someone who has fallen into the water is no easy task, especially if the victim is unconscious or lethargic due to cold temperatures. Training is essential to prepare potential rescuers for how difficult it can actually be. The OSCAR Water-Rescue Training Dummy from Emerald Marine Products is used by safety instructors across North America for teaching people what it's like to retrieve a lifeless, 180 lb. adult.
Regulatory Growth Drives Search for Durable Lubricants
Using HEPR solutions satisfies regulatory compliance, sustainability initiatives and performance demands. There are numerous factors that are driving global environmental regulatory growth and the growth in renewable lubricant technologies, such as natural resource constraints, standardizing requirements due to globalization, public opinion and pressure, increase in climate change concerns, new technologies…
US Navy Orders First ‘Flight III’ Destroyer
Huntington Ingalls Industries (HII) said its Ingalls Shipbuilding division has received a contract modification to incorporate the “Flight III” upgrades to the Arleigh Burke-class (DDG 51) guided missile destroyer Jack H. Lucas (DDG 125). The ship is the fifth of five destroyers the company was originally awarded in June 2013. “We have proven our success in the DDG 51 class over the past 30 years, and our shipbuilders are ready now to build the first Flight III ship…
Fernback to Lead C-MAP
Marine navigation technology company C-MAP announced that Sean Fernback has been engaged as Chief Executive Officer of Digital Marine Solutions Holding AS and the C-MAP Group. Most recently, Fernback was CEO of the open platform locations company HERE, which he led for two years including managing its divestiture from parent company Nokia. Prior to that, Fernback led engineering and product development for the consumer division at TomTom.
MTI Launches Its First Push Boat
Metal Trades, Inc. (MTI) has launched a newly built shallow-draft push boat for Bald Head Island Limited, LLC. (BHI). The new vessel, Capt Cooper, was christened during a June 27 ceremony at the builder’s Yonges Island, S.C. facility. As the first self-powered vessel built by MTI, Capt Cooper signals an expansion of MTI’s service offering to include new vessel construction. The 55-year-old company has been active in heavy metal fabrication…
Lloyd’s Register Helps Seafarers in Need
Lloyd’s Register (LR) has donated £20,000 to Sailors’ Society’s Emergency Welfare Fund which provides financial relief to seafarers and their families in dire need. Every year, maritime charity Sailors’ Society is inundated with requests for support from seafarers with diverse and pressing welfare needs. This is the seventh year running that LR has donated to the fund, bringing its total contribution to more than £140,000.
Maersk Booking System Back In Action after Cyber Attack
Maersk Line, one of the world's largest container shipping companies, said on Wednesday its cargo booking system was back up and running after a global cyber attack crippled its IT networks a day earlier. "Further to earlier communications, we are now able to accept bookings via INTTRA," the company said on Twitter. Earlier, Maersk said it was using alternative channels to take orders manually and to communicate with customers until it could resolve its IT problems.
Delta Pilots Order Fifth Vessel from Gladding-Hearn
Delta Launch Services, the operating company for the Associated Branch pilots on the SW Pass of the Mississippi, has ordered a new pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery of the new 52-footer, scheduled for 2018, is the fifth St. John’s Class launch built for the Delta pilots by the Somerset, Mass. shipyard. The new launch, a sister-ship to the Mississippi, delivered in 2013…
Bollinger Delivers FRC Oliver Berry to the USCG
Bollinger Shipyards said it has delivered the Fast Response Cutter (FRC) USCGC Oliver Berry to the U.S. Coast Guard on June 27, 2017 in Key West, Fla. The vessel’s commissioning is scheduled for October 2017 in Honolulu. The 154-foot patrol craft USCGC Oliver Berry is the 24th vessel in the Coast Guard's Sentinel-class FRC program. To build the FRC, Bollinger used an in-service parent craft design based on the Damen Stan Patrol Boat 4708.
An Engine Oil Goes the Distance
An inspection of one of two main engines on a U.S. inland waterways vessel revealed that ExxonMobil’s Mobil Delvac 1 ESP 5W-40 diesel engine oil provided outstanding protection and cleanliness for a Cummins KTA38 marine diesel main engine after nine years of continuous use. The engine had accumulated 21,782 running hours with an initial fill of Mobil Delvac 1 ESP 5W-40 engine oil. Mobil SignumSM oil analysis was used to closely monitor the health of the engine throughout this period…
Using Tech to Fight Piracy on the Open Sea
With maritime piracy seen on the rise once again, the shipping industry now looks to redouble its efforts to prevent these dangerous and costly attacks. Though piracy…