Damen Unveils New Water Injection Dredger
Damen Shipyards Group has recently unveiled a Water Injection Dredger (WID), courtesy of a plug & play system aboard a Damen Multi Cat. Such capabilities are typically found only on dedicated platforms, though Damen said it realized that the Multi Cat’s forward propulsion and manuevrability made it a suitable platform for this type of dredging. “Damen invented the Multi Cat as the ideal dredge support vessel – what I like to think of as floating work bench – for Cutter Suction Dredgers (CSD).
DP World Says Committed to Port Project in Somaliland
DP World, one of the world's largest port operators, said on Thursday it is committed to the port project in Somaliland despite Somalia's move to ban the ports operator from operating in Somalia. Djibouti's decision to end a contract with DP World to run its Doraleh Container Terminal will make it difficult for Africa to attract investment, DP World's chairman Sultan bin Sulayem told a news conference after reporting full-year earnings.
First Steel Cut for Seven Seas Splendor
Italian shipbuilder Fincantieri held a steel cutting ceremony in Ancona marking the official start of construction on Seven Seas Splendor, a new ultra-luxury cruise ship for Norwegian Cruise Line Holdings brand Regent Seven Seas Cruises. The new vessel is scheduled to be delivered in early 2020, following Seven Seas Explorer delivered by the Fincantieri shipyard in Sestri Ponente, Genoa in June 2017.
LNG Cargo from US Plant does U-turn for UK
The first liquefied natural gas (LNG) cargo exported from a new plant in the United States at Cove Point will arrive in Britain later this month as Asian spot LNG…
Kuwait Oil Tankers Inks Financing for Eight Tankers
Kuwait Oil Tanker Company said on Thursday it had signed a 140 million dinar ($467 million) financing deal with three local banks for eight oil tankers, state news agency KUNA reported.
Statoil to Rebrand as Equinor
Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment. Norway's Statoil plans to change its name to Equinor, reflecting its commitment…
AWI to Track Carbon Particles in the Arctic
On 15 March, the AWI research aeroplane Polar 5 will depart for Greenland. Concentrating on the furthest northeast region of the island, an international team of…
MOL Announced Delivery of Beluga Ace Car Carrier
Mitsui O.S.K. Lines, Ltd. has taken delivery of the first car carrier of the next-generation “FLEXIE” series, the Beluga Ace, which was built at the Minaminippon Shipbuilding Co., Ltd.
Alfa Laval BlueBox SA prevents oily water discharge problems
Non-compliant discharge of oily water continues to be an environmental threat – and an expensive headache for the marine industry. With the tamper-proof Alfa Laval BlueBox SA, a standalone oil content monitor and data recorder, Alfa Laval is providing peace of mind to ship owners and operators. Despite many years of strict enforcement when it comes to oily water discharge limits, there are still high-profile cases that result in extreme fines or jail terms.
Torvald Klaveness Extends Shipping Deal with Arcelor Mittal
Norwegian shipping company Torvald Klaveness has extended its shipping agreement with Luxembourg-based steel and mining firm Arcelor Mittal. "We are pleased that Arcelor Mittal…
Ship Finance International Acquires 15 Vintage Vessels
Ship Finance International Limited announced that it has agreed to acquire a fleet of 15 feeder size container vessels, ranging from 1,100 TEU to 4,400 TEU, in combination…
Hyundai Samho Heavy Industries Delivers Green VLCC
Hyundai Samho Heavy Industries (HSHI) has completed building a scrubber-equipped Very Large Crude oil Carrier (VLCC), the first of two ships ordered by Greek shipowner Almi Tankers in August 2016…
Latin America Maritime Technology Cooperation Centre Lanched
The Latin America Maritime Technology Cooperation Centre, part of a global network established under an ambitious International Maritime Organization (IMO)-European…
DNV GL Appoints Peter Brun as New Global Offshore Wind Segment Leader
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader.
European Commission to Improve Efficiency of Maritime Transport
The European Commission is expected to publish a proposal for a revision of the Reporting Formalities Directive (RFD) in early May 2018 that is intended to remedy the current costly…
Gener8 Maritime Reports 4Q Loss of $45.4 mln
The New York-based Gener8 Maritime Inc. (GNRT) reported a loss of $45.4 million for the fourth-quarter ended December 31, 2017, after reporting a profit of $5.8…
Danish Maritime Authority Conference on EfficienSea2
The Danish Maritime Authority (DMA) is hosting the final conference of the EU-funded digitalisation project EfficienSea2 on the 5th and 6th of April. 32 partners…
Ocean Signal Introduces New AIS Transponders
Ocean Signal has rolled out its new ATA100 Class A and ATB1 Class B AIS transponders as fully compliant solutions to increase visibility, aid collision-avoidance and enhance navigational safety for a range of commercial workboats, support vessels and fishing boats. The AIS transponders were unveiled for the first time at Asia Pacific Maritime. The ATA100 is a combined SOLAS and Inland approved single…
Prysmian to Order Cable Layer Newbuild
Prysmian Group announced it will invest more than €170 million ($210.3 million) in a new cable laying vessel to be delivered by the second quarter of 2020. The group…
Op/Ed: Disconnect from River to Washington
Just before the anticipation of good things to come on Valentine’s Day, on February 12, the inland waterways transportation industry was left feeling disappointed and puzzled after the release of the long-awaited Trump Administration infrastructure principles, and then the release of President Trump’s FY 2019 budget request. During the Presidential campaign, then-candidate Trump said he would undertake a $1 trillion infrastructure initiative that would focus on a wide array of projects…