Austal Opens Up Trimaran Deal with Fred Olsen
Austal’s latest contract announcement for two 117 metre high speed vehicle passenger ferries, for Fred Olsen SA, not only sends a strong signal to the international market that ‘fast ferries are back’, but confirms Austal’s proven trimaran hull design as the most cost effective and highly capable vessel platform to deliver superior seakeeping and schedule performance. The €126million Euro (A$190million) contract…
Wärtsilä Engines Chosen for Ulstein-SunStone
The technology group Wärtsilä has been contracted to supply the engines and exhaust gas cleaning systems for a new 104 metres long exploration cruise vessel. The ship is being built at the China Merchants Heavy Industry (Jiangsu) Co shipyard in China for Sunstone Ships Inc of Miami, USA. There are options for an additional nine vessels. The contract with Wärtsilä was placed by Ulstein Design and Solutions of Norway…
Heidmar Names New CEO
Norwalk-headquartered tanker operator Heidmar has appointed James Pippard as its new Chief Executive Officer. James will oversee the global footprint of the Company's five Pools, with offices in Norwalk, CT, London and Singapore. James is a respected and successful figure in the tanker shipping industry and during his 25 years at Teekay, he has worked in a variety of commercial management roles in Houston…
Financial Support for Polar Code
International Maritime Organization (IMO)'s work to protect the polar environment and the safety of seafarers and passengers navigating in polar regions has received a boost thanks to a donation by the Government of Canada. IMO Secretary-General and Canada's High Commissioner to the United Kingdom, H.E. Ms. Janice Charette, signed a Memorandum of Understanding (MoU) at IMO Headquarters (23 November).
Antwerp Port Acquires Stake in NxtPort
Antwerp Port Authority and FPIM (Federal Participation & Investment Company) are to jointly acquire a stake in NxtPort, the digital data platform for the port community. The contribution by the new partners (Port Authority 75%, FPIM 25%) takes the form of capital plus a subordinated loan, together totalling 5.25 million euros. “With our participation we seek to contribute towards the further development of NxtPort as an innovative data platform that will be a driver of logistical…
European Ports Welcome a Stronger CEF Budget
The Transport Committee (TRAN) of the European Parliament voted its opinion on the Multi-Annual financial Framework after 2020 (Marinescu report). The Transport MEPs voted in favour of an updated and more effective Connecting Europe Facility (CEF). They have asked for an increased financing to cover all transport modes. They have further stressed that the investment in Transport infrastructure is an investment in long-term growth and jobs.
DMA Visits Ghana
The Danish Maritime Authority (DMA) accompanied Her Majesty the Queen on her official state visit to Ghana on 23-24 November 2017 to discuss current maritime challenges and maritime authority-to-authority cooperation. The Danish Maritime Authority took part in Her Majesty the Queen’s official state visit to Ghana on 23-24 November 2017 on the occasion of the 60th anniversary of the country’s independence; furthermore, the state visit served to mark Danish-Ghanaian relations.
Kalmar Gets Order in Spain
Kalmar, part of Cargotec, has signed an agreement with Noatum Container Terminal Bilbao for delivering two rail-mounted gantry cranes (RMGs) for intermodal operation. This is Kalmar's first RMG delivery since the new offering was launched in September 2017. The order was booked in Cargotec's fourth quarter 2017 intake and the delivery will take place during the first half of 2019. Noatum Container…
PTA Raises Saudi Flag on Bahri's Fifth VLCC
The Public Transport Authority (PTA) has raised the Saudi flag on Shaden, a Very Large Crude Carrier (VLCC) owned and operated by Bahri, a global leader in transportation and logistics. At a ceremony held on Thursday, November 23 at Port of Ras Tanura in the presence of senior officials from PTA and Bahri, the new vessel joined the country’s national maritime fleet and became Bahri’s fifth VLCC to raise the Kingdom’s flag in 2017.