Mercator Lines Brings Down the Curtain
Singapore-based Mercator Lines says its judicial manager (JM) has filed an application to wind up the company. "Subsequent to the termination of the Implementation Agreement (IA), the Judicial Manager (JM) held preliminary discussions with several potential investors to explore transferring the Company’s listing status and/or restructuring the Company," said a stock exchange filing. Whilst these potential investors have expressed an interest in the Company’s listing status…
Marine Fuels Supplier Bomin Group Launch New Brand Identity
The Bomin Group, a leading global physical supplier and trader of marine fuels, today announced the launch of a new brand identity and website as it positions itself to deliver the company’s next phase of global growth. The shipping industry is experiencing significant change, and the fuel supply chain is becoming increasingly complex. The launch of Bomin’s new brand identity reflects this evolution, and the company’s global position within the market.
Genoil Signs Tri-Partite Scientific Pact on Low Sulphur Fuel Oil
Clean technology engineering company for the petroleum industry Genoil Inc has signed a tri-partite science, research and technical cooperation agreement with two leading Russian institutions. Genoil has joined forces with the UFA Scientific Research Institute of Petroleum Refining and Petrochemistry, located in Bashkortostan, Russia, and the OJS VNIIUS Institute, located in Tatarstan, Russia to establish a world class partnership.
Pacific Protection Paramount in Counter Proliferation
The Australian Government is joining forces with countries from around the world to conduct Exercise PACIFIC PROTECTOR, as part of an ongoing major international commitment to prevent the proliferation of weapons of mass destruction, their delivery systems and related materials. The exercise will be held in Cairns, Queensland from 6–9 September 2017 as part of the Proliferation Security Initiative…
K Line to Develop Japan’s First LNG-Fueled Ferry
Japan's shipper giant Kawasaki Kisen Kaisha (K Line) and Kawasaki Kinkai Kisen Kaisha (K Line Kinkai) will work on a joint study for what would be Japan’s first LNG-powered ferry. "K Line Kinkai and K Line) have agreed to work on joint study for K Line Kinkai’s newbuilding passenger ferry being fueled by LNG, whose study includes specifications, engine types and any related technical verifications for LNG handling," said a statement from the company.
Florida Navy Bases Prepare for Irma
Navy installations throughout Florida are preparing for heavy weather as Hurricane Irma approaches South Florida. Commander, Navy Region Southeast, Rear Adm. Bette Bolivar, directed the evacuation of non-essential personnel and family members from Naval Air Station Key West, Florida, Sept. 5. "Their safety and security is a top priority," Bolivar said. Approximately 50-60 mission essential personnel are remaining behind to maintain essential functions on the installation.
DMA Digitaliz On-board Health Care
Now, the Danish Maritime Authority makes a digital version of the Radio Medical Record available on the website. This new feature is a small step on the road to digitalization. These years, the Danish Maritime Authority is striving to digitalize as many work processes as possible to ease the burdens imposed on both seafarers and the industry as much as possible. The Danish Maritime Authority continues…
Meyer Turku Boosts Shipyard Investment
Meyer Turku shipyard said it will more than double its investments from €75 million ($89.6 million) to €185 million ($221 million) as it aims to boost steel production to fulfill its record order book stretching into 2024. The investments include a new plate cutting line, a new profile cutting line and a new panel line to the steel halls to be ready by end of 2018/start of 2019. Head of steel production of Meyer Turku…
Steel Cut for New Staten Island Ferry
The City of New York Department of Transportation (NYCDOT) Staten Island Ferry Division and Eastern Shipbuilding Group, Inc. (ESG) cut steel to officially begin the construction of the first of three new 320’ Staten Island Ollis Class Ferries. The steel cutting ceremony held August 29, 2017 took place in Eastern’s steel processing and pre-fabrication building at its Allanton facility in Panama City, Fla.
Bollinger Delivers 25th Fast Response Cutter
Bollinger Shipyards has delivered the 25th Fast Response Cutter (FRC) USCGC Jacob Poroo to the U.S. Coast Guard on September 5, 2017 in Key West, Fla. The vessel’s commissioning is scheduled for November 8 in New Orleans. Ben Bordelon, Bollinger president and CEO, said, “This FRC built by Bollinger Shipyards will be the second FRC to be stationed in Pascagoula, Miss. Previous cutters have been stationed in Florida; San Juan, P.R.; Cape May, N.J.; Ketchikan, Alaska; Pascagoula, Miss.
Torqeedo Opens Bangkok Office
Torqeedo said it has opened a new office in Bangkok, Thailand, to accommodate its rapid growth in Asia and the Pacific (APAC) region. The company reports an expanding focus on marine preservation, sustainable tourism, ecofishing and the electrification of commercial vessels have created a strong interest in its products by both public and private entities within the region. APAC also shows increasing investment in sustainable public transportation initiatives…
Partners Aim to Bring New Trenching Vehicle to Market
A Memorandum of Understanding between Royal IHC and Canyon Offshore, a U.K. subsidiary of Houston-based Helix Energy Solutions Group, will see that partners work toward an exclusive arrangement to jointly bring the Hi-Traq trenching vehicle to the market. Upon conclusion of the agreement between the parties, Canyon would have the exclusive right to use the first Hi-Traq M1600, an asset built for both mechanical cutting and jetting operations.
'K' Line Collaboration Eyes Japan’s First LNG-fueled Ferry
Kawasaki Kinkai Kisen Kaisha, Ltd. (“K” Line Kinkai) and Kawasaki Kisen Kaisha, Ltd. (“K” Line) have agreed to work on joint study for “K” Line Kinkai’s newbuilding…
Baltic Index Gains Nearly 3 Percent
The Baltic Exchange's main sea freight index rose nearly 3 percent on Wednesday to post its biggest percentage rise in three weeks as rates for all vessel segments perked up. The overall index tracking rates for ships carrying dry bulk commodities was up 35 points at 1,250 points. The Baltic index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 2.88 percent to register its biggest one-day percentage rise since Aug. 17.
Pharos Offshore Names Warder COO
Pharos Offshore announced Andy Warder has joined the team as Chief Operations Officer with immediate effect. Warder joins Pharos with over 25 years’ experience in the offshore industry holding senior and executive management positions with a track record of successfully growing his business units and providing strong support and solutions to Clients predominantly throughout the Asia Pacific regions.
Damen Delivers Stock Workboat to ISA Towage
ISA Towage B.V. (formerly known as V.O.F. Sleepboot ISA) has taken delivery of a Shoalbuster 3209 from Damen Shipyard Hardinxveld (DSHa). The vessel was already in stock at the yard and was handed over to the client within four weeks of the order being agreed. Damen’s extensive range of Shoalbuster vessels offers some of the most versatile workboats available in the marketplace today, capable of taking on a wide variety of roles. The purchase of the 3209 by ISA Towage B.V.
MAN Cryo to Supply LNG Bunkering for Swedegas
MAN Cryo, MAN Diesel & Turbo’s marine-LNG fuel-gas-system manufacturer, has signed a contract with Swedish infrastructure company, Swedegas, to deliver an LNG bunkering facility within the Port of Gothenburg. The new facility will enable vessels to bunker LNG from trucks or containers while simultaneously loading/unloading cargo at two jetties at the port’s Energy Port, dispensing with the need to make a separate refuelling stop.
MARAD Awards $9.8 Mln to US Shipyards
Aiming to support shipbuilding modernizations that will increase productivity and allow U.S. shipyards to compete more effectively in global markets, the U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded $9.8 million to 18 U.S. yards through its Small Shipyard Grant Program. “Small shipyards play a significant role in our country’s maritime sector, which contributes to our economy, security, and infrastructure,” said U.S. Transportation Secretary Elaine L. Chao.
ClassNK e-Certificate Approved for Use by Leading Flag States
Classification society ClassNK has expanded the scope of the world’s first comprehensive electronic certificate service for classification and statutory certificates…
Meyer Werft Begins LNG Cruise Ship Build for AIDA
German shipbuilder Meyer Werft has laid the keel for AIDAnova, set to become the first cruise ship worldwide that will operate both at sea and in port fueled with liquefied natural gas (LNG). With AIDAnova’s first building block lowered into place on September 6, 2017, Carnival Corporation & plc officially marked the start of construction of seven fully LNG powered cruise ships due to be commissioned between 2018 and 2022 for four of its 10 cruise ship brands.