Partners Aim to Encourage Maritime Entrepreneurs, Innovation
SUNY Maritime College and EEX Maritime Oy, of Finland, will be working together to encourage entrepreneurs and technological innovations in the maritime industry.
ACE Winches' Mooring System on the Iron Lady Barge
ACE Winches has mobilized a six point mooring system to anchor the Iron Lady Barge being used on the Brent decommissioning project. The equipment, designed and manufactured by ACE Winches at its global headquarters in Turriff, Aberdeenshire is now in situ and being supported by a team of ACE Winches offshore personnel. ACE Winches manufacture a range of standard and bespoke drum winches, available in single or double drum configurations.
Mein Schiff 6 Makes Maiden Call in Kiel
The latest newbuilding to join TUI Cruises, Mein Schiff 6, has berthed in Kiel for the first time. Kiel is the ship’s first passenger port of call in Germany she has visited since she was handed over a few days ago in Turku, Finland. The 99,000 GT, 295 m long cruise ship arrived in the Kiel fiord on Thursday, May 11 to a water fountain welcome and was escorted to her berth by one of the port’s tugs. Onlookers lined the banks and visited the Ostseekai Terminal to catch a glimpse of Mein Schiff 6.
Spanish Cabinet Attempts Port Reform Again
The Spanish cabinet passed a decree on Friday aimed at liberalizing the country's ports, a second effort at a contentious law which has already been rejected by…
Capesize Rates Nudge Baltic Index Up Again
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose marginally on Friday on stronger rates for capesize vessels.
Sri Lanka Denies Chinese Request for Sub Visit
Sri Lanka has rejected China's request to dock one of its submarines in Colombo this month, two senior government officials said on Thursday as the Indian prime minister landed in the island nation.
Union Calls Off Strike at Jakarta Port
An Indonesian labour union has scrapped a planned strike at Jakarta's Tanjung Priok port next week, ensuring operations would run normally at the country's busiest port…
Hapag-Lloyd Projects Higher FY '17 Earnings
CEO sees closer supply-demand balance in shipping market; higher earnings forecasts upheld after wider net loss. German container shipping firm Hapag-Lloyd on Friday…
Ferry Service or Humanitarian Rescue Boats?
Some EU officials say NGOs inadvertently encourage people smuggling; NGOs say they are only trying to save lives. A "ferry service" that encourages people smugglers…
Navios Readies for Rickmers Vessel Acquisition
Navios Maritime Containers announced that it has agreed with investors to sell approximately 15 million of its shares for an aggregate of approximately $75 million…
Oldendorff Appoints Verifavia for EU MRV Verification
Oldendorff Carriers has appointed Verifavia to verify its fleet of vessels in line with the European Union’s Monitoring, Reporting, and Verification (EU MRV) regulation.
Safety in LNG Usage as Marine Fuel
The safe use of natural gas as marine fuel was in focus at the International Conference on Liquefied Natural Gas for Transport and Industry in Naples, Italy (10-11 May).
UK Chamber Shipping Upbeat after US abandoning Jones Act Amendments
US authorities have abandoned plans to tighten Jones Act coastal shipping rules – and it’s all thanks to the coordinated efforts of international government administrations…
ZIM Achieves Improved Results in Q1
In the face of tough business environment, ZIM Integrated Shipping Services (ZIM) continues to outperform the industry and achieve improved results, claims a statement from the company.
DP World London Now Handles Far East Calls
MOL Triumph, the first of the world’s largest and newest vessels to call in the UK, arrives in Southampton on THE Alliance's FE2 service as new third deep-water…
IMO Catalyst for More Efficient Ships
"International Maritime Organization (IMO) regulations will be a driver and catalyst for a generation of new, more efficient ships" said Stefan Micallef, Director…
CME Lifts 'Force Majeure' at Some Illinois River Locales
The CME Group Inc on Thursday said it lifted the majority of force majeure conditions invoked at corn and soybean shipping stations on the Illinois River earlier this month.
Pasha Hawaii Taps Keppel Fels to Build LNG-Fueled Boxships
Delivery of First Vessel Planned for Early 2020. Honolulu-based Pasha Hawaii today announced that the company has selected Keppel AmFELS in Brownsville, TX, a subsidiary…
Cammell Laird Honors Military Heritage
Liverpool City Region (UK) shipyard Cammell Laird has announced it will be honoring its illustrious naval and military heritage next month by being headline sponsor of the UK’s Armed Forces Day (AFD). The AFD celebrations will take place in Liverpool this year on June 24, with more than 1,000 serving personnel, veterans, cadets and marching bands taking part in a parade followed by a full program of events near the city’s iconic waterfront.
Rickmers Schedules Bondholder Vote on Revamp Plan
Only 17.4 percent of Rickmers' bondholders took part in a vote on the company's restructuring plan on Wednesday, fewer than the minimum required. Under the proposed revamp plan…