S. Korea Plans Autonomous Ship Research Facility
UIPA, the South Korean Information and Communication Technology Promotion Agency, awarded Kongsberg Digital the contract to supply a fully-featured bridge simulator for a new autonomous ship research facility in Ulsan, South Korea. The Korean government has committed to invest $110 million in the project over the next three years, with a goal of starting operations in 2023. The simulation contract…
Conrad Q2 Results
Conrad Industries announced for the quarter ended June 30, 2019, it had net loss of $2.2 million and loss per diluted share of $0.44 compared to net income of $4.7…
Shewring to lead Hempel R&D
Hempel appointed Nigel Shewring as its new Group Director of Research & Development (R&D), responsible for managing the overall activities in Hempel’s 15 R&D centers globally.“The world of coatings is very complex and our experts play a crucial role when it comes to sharing knowledge about both challenges and solutions in our industry,” said Steen Hoff, Hempel’s Acting Director of Operations. Nigel…
Grace 1 Tanker Starts to Move
The Grace 1 Iranian tanker caught in a standoff between Tehran and the West started to move on Friday and there was more smoke from the tanker's chimney, a Reuters…
July: Earth's Hottest Month Ever Recorded
According to the latest monthly climate report from the U.S. National Oceanic and Atmospheric Administration (NOAA), July 2019 was hottest month on record for the planet and Polar sea ice melted to record lows.Much of the planet sweltered in unprecedented heat in July, as temperatures soared to new heights in the hottest month ever recorded. The record warmth also shrank Arctic and Antarctic sea ice…
ExxonMobil Charters Singapore's First LNG-fueled Bunker Barge
ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte Ltd to lease Singapore's first liquefied natural gas (LNG) powered bunker tanker, Sinanju said in an statement on Friday.The 7,990 deadweight tonnage (dwt) newbuild will be the first LNG bunker tanker for Singapore and Sinanju and will deliver ExxonMobil's new Engineered Marine Fuels (EMF.5) to ocean-going vessels within Singapore port limits from the first quarter of next year.
Seamen Kidnapped off Cameroon's Coast
A number of seamen have been kidnapped after an attack on their vessel off the coast of Cameroon in West Africa's piracy-plagued Gulf of Guinea, a source in the Cameroonian army and a source at the major port of Douala said on Friday.In July, the International Maritime Bureau described the Gulf of Guinea as the most dangerous area in the world for piracy with 73% of all sea kidnappings and 92% of hostage…
World's Longest Wind Turbine Blade Reached UK
The world’s longest offshore wind turbine blade has arrived in Northumberland, UK to be tested at the Offshore Renewable Energy Catapult site.The 107-metre blade…
Teekay Adds 4th Arc 7 Icebreaking LNG Carrier
Bermuda-headquartered Teekay has taken delivery of Vladimir Voronin, the fourth in a series of six Arc 7 icebreaking liquefied natural gas (LNG) carriers intended…
Port of Hamburg Reports Strong Growth in H1
Germany’s largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in…
Neste Launches IMO 2020 Compliant Fuel
Finland-based refiner Neste Corporation will begin to sell a low-sulfur marine fuel in northwest Europe in the fourth quarter of 2019.From January 1, 2020, the International…
AMSC Bags Wind Turbine ECS Order from AMSC
The US-based energy solutions provider AMSC announced it has received a $9 million order for its 5.5 MW wind turbine electrical control systems from the Korean power…
Gazprom Lead Oil and Gas Growth Worldwide
Russian giant Gazprom saw the most production growth among world’s exploration and production (E&P) companies during the five-year span from 2014 through 2018.It’s…
World’s Largest Electric Ferry Completes Maiden Voyage
E-ferry Ellen, the world's largest all-electric ferry, made its first commercial trip connecting the ports of Søby and Fynshav (Denmark).Switzerland-based battery…
Seven Vessels Added to CTM's RSA
C Transport Maritime (CTM), the vessel management company in the dry cargo ocean transport industry, announced that four of its current members have added seven…
German Award for AIDA Cruises
AIDA Cruises' newest ship AIDAnova recognized with prestigious international certification for excellence in environmentally friendly ship design by Germany's Federal…
Kinder Morgan Invest $170Mln in Houston Ship Channel
Houston pipeline operator Kinder Morgan (KMI) plans to invest $170 million in various expansion projects along the Houston Ship Channel.The investment will increase efficiency…
MODEC Raises $1bln Bond for FPSO Project
Japanese FPSO provider MODEC has decided to issue project bonds to international investors to refinance a floating production, storage and offloading (FPSO) vessel…
APM Terminals Poti Begins 24/7 Operations
APM Terminals Poti, the largest port in Georgia, has commenced the implementation of uninterrupted 24/7 operations to maximize berth utilization, increase efficiency…
US, Malaysia Start Maritime Training Drill
The U.S. Navy and Coast Guard and the Royal Malaysian Navy (RMN) began Maritime Training Activity (MTA) Malaysia 2019 marked by an opening ceremony at Lumut Naval Base, Aug. 14.MTA Malaysia 2019 is a continuation of 25 years of maritime engagements between the U.S. Navy and Royal Malaysian Navy serving to enhance mutual capabilities in ensuring maritime security and stability.The Pacific Area commander for the U.S. Coast Guard, Vice Adm. Linda Fagan, said that working alongside the U.S.
