Schottel's Strahberger: One Year at the Helm
Schottel, a ubiquitous German-based maritime propulsion company, is firing on all cylinders and preparing now for the inevitable maritime market upturn. As Schottelās new Managing Director, Dr. Christian Strahberger, closes in on his first year at the helm, he discusses the strategy with Maritime Reporter & Engineering News. While the maritime industry endures an overall downturn, quality, long-term companies see opportunity amidst the challengeā¦
Roxtec Services AB Approved by Lloydās Register
Roxtec Services AB has been audited by the classification society Lloydās Register and has received an official approval for inspection and maintenance services of cable and pipe transits. This approval sets new standards for long-term safety at sea. Roxtec Services AB is part of cable and pipe sealing solution provider Roxtec Group. The company offers services for the marine and offshore industriesā¦
Baleària Orders Two Dual Fuel Ferries
Spanish shipping line Baleària said it has reached an agreement with the Italian shipyard Cantiere Navale Visentini to build two dual-fuel sister ferries, measuring 186.5 meters in length and a capacity for 810 people, 2,180 linear meters of cargo and 150 cars. The total investment in these vessels is some 200 million euros (approximately $215 million USD); they are expected to be operational by the end of 2018.
Kapellskär Port adds two quay-berths
An important milestone has been reached at the Port of Kapellskär, now that all five quay-berths are in operation at this state-of-the-art port. The Port of Kapellskärā¦
Total, CMA CGM Prepare for New Environmental Regulations
Total, the worldās fourth-ranked international oil and gas company, and CMA CGM, a leading worldwide shipping group, have signed a three-year memorandum of understanding.
Finalists of Mersey Maritime Industry Awards Announced
The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced. The winners will be revealed at a prestigious black tie dinner that will haveā¦
Caterpillar mulls Global Headquarters in Chicago
Caterpillar Inc. announced today it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed theā¦
VTS system for Port Hedland
Pilbara Ports Authority has awarded a contract to Australian Maritime Systems Pty Ltd to design and install a Vessel Traffic Services (VTS) system in a new stateā¦
Japanese Shipping Companies in Troubled Waters
Though the challenging market conditions in the container shipping industry continued to add pressure to Japanās major shipping companies, turnaround seen as write-downs set to fizzle outā¦
'K' Line: Change of Executive Officers
Kawasaki Kisen Kaisha Ltd (āKā Line) announced changes to executive officers. āKā Line has promoted Senior Managing Executive Officer Kazutaka Imaizumi to the positionā¦
DāAmico Sells Two MR Vessels
DāAmico International Shipping (DIS) announced that its operating subsidiary dāAmico Tankers (Ireland) sold MT High Endurance and MT High Endeavour, two vesselsā¦
DryShips Completes $200mln Equity Investment
DryShips has announced that it has successfully completed the previously announced $200.0 million common stock offering, in which the Company raised net proceeds of $198.0 millionā¦
Digitalisation to Boost Future Shipping
As a prelude to the 'e-Navigation Underwayā conference, which will take place during the next two days, South Korea's Director General for Maritime Affairs, Mr.
Old Ships, Not Enough New Tricks?
As widely expected, the opening of the new, expanded locks at the Panama Canal in June 2016 has considerably impacted the āold Panamaxā containership sector, saysā¦
LNG Imports in Turkey Projected to Reach 9 MMT by 2025
Rising demand from industrial sector, growing use for power generation and declining average landed prices to drive demand for LNG in Turkey through 2025, says TechSciā¦
Lake Assault to Build 43 Barges for San Antonio
Lake Assault Boats said it has secured a $6.5 million contract to build 43 river barges for the City of San Antonio, Texas. The versatile and reconfigurable craft will become a component of San Antonioās River Walk experience that connects retail stores, restaurants, office buildings and tourist attractions throughout the city. City officials visited Lake Assault facilities on December 6 and 7 for preproduction meetings.
Two New Response Boats for Jordan
Fincantieri Marinette Marine (FMM) said it has been awarded a U.S. Coast Guard contract for two additional Response BoatsāMedium (RB-Ms) vessels as part of a Foreign Military Sale to The Hashemite Kingdom of Jordan. This award brings the total number of RB-Ms to 176 built by Team RB-M, originally formed by FMM and Kvichak Marine. FMM will act as the prime contractor and program manager, and the vessels will be built by Vigor at its Ballard, Wash. facility (formerly Kvichak Marine).
Swedish Town Karlshamn Says 'Yes' to Gazprom Port Deal
Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objectionsā¦
Oil Prices Won't Reach 'Desired Level' before 2018, Iraq Says
Oil prices will not reach "levels desired" by Iraq before the end of 2018 or 2019, Iraqi Prime Minister Haider al-Abadi said on Tuesday in Baghdad. "Demand has increased and this has helped raise the prices but it won't return to the level of 2013" when crude exceeded $100 a barrel, he told a news conference. "Oil will not reach a desired level before 2018 or 2019," he added, without indicating Iraq's desired price. Iraq is OPEC's second-largest crude producer, after Saudi Arabia.
Smart Shipping: Transas CEO Sifts through the Hype
Transas CEO Frank Coles delivered a presentation at 2017 SMART4SEA Conference & Awards, where he voiced his views on āsmart shippingā, from big data and cyber security to unmanned ships. We live in a world where we hear the words, smart ships, connected ships, unmanned ships, automated ships, etc. We hear statements about a digital shipping world and a forecast of new business models in shipping. Itās a confusing world, a fast moving world.
