Baltic Index Falls on Broad Retreat
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Tuesday, hurt byā¦
Maersk Drilling Bags North Sea Contracts
Maersk Drilling said it has been awarded three consecutive contracts for the Maersk Resolute and a contract extension for the Maersk Resolve, both operating in theā¦
Austal Delivers LCS 16 to US Navy
Shipbuilder Austal has delivered its eighth Independence-variant littoral combat ship (LCS) to the U.S. Navy.The future USS Tulsa (LCS 16) is the second Austal designedā¦
Shipbuilding: HII Awarded Additional Funding for CVN 78
U.S. shipbuilder Huntington Ingalls Inc. has been awarded a $61,315,248 cost-plus-fixed fee modification to a previously awarded contract for additional material and labor supporting planning and the preliminary accomplishment of the post-shakedown availability/selected restricted availability (PSA/SRA) on USS Gerald R. Ford (CVN 78).The planning work will be performed in Newport News, Va., and is expected to complete by summer 2018.
Panama Canal Welcomes Inaugural Transit of LNG Sakura
The Panama Canal welcomed the inaugural transit of the LNG Sakura as it carried the first-ever liquefied natural gas (LNG) shipment from the Dominion Cove Point terminal in the United States to Japan.
Container Equipment Market Surges Ahead: Drewry
The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear majority over that owned by transport operatorsā¦
Grimaldi Group Orders New RoRo Vessels
In the framework of the expansion and modernisation programme of its owned fleet, as anticipated in the last months, the Grimaldi Group has signed yesterday an agreementā¦
MSC Grandiosa to be Named in Hamburg
MSC Meraviglia officially made her maiden call at the port of Hamburg today, marking the start of her new as well as the brandās best and most accessible-ever season in Northern Europe.
Diana Shipping TC for m/v Salt Lake City with Cargill
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, forā¦
IMO Highlights GHG Strategy
International Maritime Organization (IMO) has reported on the recent landmark adoption of an initial IMO Strategy on reduction of GHG emissions from ships at theā¦
Danish Shipping Moves Towards a Digital Future
In January and February the Maritime Disruptors Academy premiered when both students and employees in the shipping industry actively engaged on how to make the mostā¦
Caledonian Maritime Assets Buys Three Ferries
A deal has been agreed for the three passenger ferries serving the Northern Isles to be purchased outright by Caledonian Maritime Assets Ltd (CMAL) with loan funding from the Scottish Government.
Interlake Charters Barge for Great Lakes Service
Ohio-based shipping firm the Interlake Steamship Company announced it will time charter a 418-foot, 14,400-short-ton capacity dry cargo barge from the U.S. East Coast to operate on the Great Lakes starting this spring.The single-hold covered hopper barge Montville, owned and operated by Connecticut-based towing services provider Moran Towing Corp, will be under charter through 2019 with options to extend.The time charter deal marks a first for Great Lakes carrier Interlakeā¦
Photo of the Week
Looking back to the aft of container vessel Cap San Antonio. Herbert Boettcher took this photo for Hamburg Süd when he travelled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started with his worldwide long time project Seamotion in 2004. Boettcher is a German professional photographer working worldwide for shipping companies to create photos of merchant ships with his unique visual language.
USā New Aircraft Carrier 75% Structurally Complete
The next nuclear-powered aircraft carrier for the U.S. Navy is now three-quarters structurally complete following the recent installation of the forward area of the shipās main deck, shipbuilder Huntington Ingalls Industries (HII) announced today.John F. Kennedy (CVN 79), the second ship in the Gerald R. Ford class of carriers, has been taking shape at HIIās Newport News Shipbuilding division since the shipās keel was laid in August 2015.
Kongsberg Completes 10,000th AutoChief Propulsion Control System FAT
The 10,000th Factory Acceptance Test (FAT) for Kongsberg Maritimeās AutoChief propulsion control system took place at Kongsberg Maritime Korea in Busan on Friday, April 27. The AutoChief 600 system tested will be installed on a new LEG carrier featuring a 2-stroke MAN B&W engine being built at Hyundai Mipo Dockyard (Hull 8258), for owner Solvang ASA. HHI-EMD, HMD and Solvang were represented at yesterdayāsā¦
Thordon to Eqip New Class of Towboat
Thordon Bearings, of Burlington, Ont., has received an order to supply four comprehensive shipsets of stern gear for a new class of towboat.The four boats are being built by U.S. shipyard Master Marine of Bayou La Batre, Ala., for Waterfront Services, based in of Cairo, Ill.. The new vessels have been designed to meet the requirements of Subchapter M, a set of federal rules recently introduced by the U.S.
American Constitution Completes Inaugural Cruise
American Cruise Lines has announced that its brand new 175-passenger cruise ship, American Constitution, completed its inaugural sailing on Chesapeake Bay.The cruise departed from Baltimore on April 18 for an 11-day, 10-night American Revolution itinerary. āAmerican Constitution has been exceptionally well received and all the spring 2018 American Revolution cruises are already sold out,ā a company official said.During the inaugural sailing last weekā¦
Canada's PM: US Steel, Aluminum Tariffs a 'Very Bad Idea'
Prime Minister Justin Trudeau on Monday said any move by the United States to impose tariffs on Canadian steel and aluminum would be a "very bad idea" guaranteedā¦
DP World Sets Its Sights on Hyperloop Cargo Shipping
Dubai-based port operator DP World has partnered with Sir Richard Bransonās Virgin Hyperloop One to create a new venture that aims to provide hyperloop-enabled cargo systems.DP World and the U.S.-based Virgin Hyperloop One introduced their vision for āthe future of on-demand freight transportationā at an event on April 29 at the historic vessel Queen Elizabeth 2.The joint venture, called DP World Cargospeed, will set out to be the worldās first to ship cargo with hyperloop technology.
