Equinor Sells Natural Gas Worth USD26bln in 2018
Norwegian energy company Equinor has announced its 2018 sales of natural gas totalled $26bn, an increase of 29% from 2017.Equinor sold a total of 100 billion cubic…
Largest Wellboat Hull Arrives Norway Yard
The hull of the Ronja Storm, which is destined to become the world’s biggest wellboat, has arrived at the Havyard shipyard in Norway for fitting out after construction…
Armamento Setramar Sells Multipurpose Vessel
International law firm Watson Farley & Williams (WFW) said in a statement that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.The 9…
Spectrum Begins Seismic Survey in Argentina
The global seismic survey provider Spectrum, in cooperation with BGP, has started a 20,000-km (12,427-mi) 2D survey in the Colorado and Salado basin offshore Argentina.The…
Bilfinger Sees Huge Potential in Scrubber Market
The international maritime shipping industry is increasingly using emission-reducing flue-gas desulfurization systems provided by Bilfinger, claimed the German engineering…
Fincantieri in Pact with Abu Dhabi Shippbuilding
Italian shipbuilder Fincantieri and Abu Dhabi Shipbuilding (ADSB) have reached a framework agreement to explore future forms of industrial and trade collaboration…
CRN Ready to Launch 79-metre Yacht
Italian shipyard CRN is ready to launch the M/Y 135, the new 79-metre fully custom steel and aluminium megayacht.The pre-launch positioning process has revealed the sleek shape of this imposing yacht,
MAIB Publishes Pride of Kent Report
A report into the RORO passenger ferry, Pride of Kent, striking a jetty and grounding in Calais, France on 10 December 2017 has now been published by UK’s Marine…
HMM CEO to Step Down
Chang Keun Yoo, president and CEO of South Korea container line Hyundai Merchant Marine (HMM) has decided to resign from his position next month.Chang-Keun Yoo…
Navios Sells Handymax
Navios Maritime Holdings, a global, vertically integrated seaborne shipping and logistics company, said that it has sold its 2002-built Ultra Handymax vessel Navios Meridian.The 50…
LNG Bunkering Takes Off in Rotterdam
The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile,…
Green Maritime Methanol Project Gets a Boost
Shipowners, shipyards, manufacturers and ports have joined forces to investigate the feasibility of methanol as a sustainable alternative transport fuel in the maritime…
Maersk Eyes Better Results in 2019
Danish shipping group Moller-Maersk said that although it had a challenging start to 2018, looking at the financial performance, it increased earnings despite significantly…
Netherlands Joins Ship Rrecycling Treaty
International Maritime Organization (IMO)'s treaty for safe and environmentally-sound ship recycling has received another boost.The Netherlands has become the eighth…
Virtual Reality: Tool for Ship Design
Elliott Bay Design Group (EBDG) uses Virtual Reality as a valuable tool in ship design allowing naval architects and owners the ability to experience the space in advance of final design; a powerful asset in ship repair and refit to help a team more efficiently and cost-effectively plan and execute the project.The process of designing and building a ship has changed dramatically in the last 20 years…
Oi: Tracking 50 Years of Ocean Innovation
As Oceanology International celebrates its 50th Anniversary, Marine Technology Reporter explores half a century of subsea technology development and discovery. Oceanology International Americas runs February 25-27, 2019 in San Diego.When Oceanology launched in 1969 in the seaside resort of Brighton the world was a very different place. For a start, Brighton was home to the mods and rockers, who would square off against each other on the town’s elegant seafront.
Auxo Investment Partners Acquires Andrie LLC
Deal builds on Auxo’s December 2017 acquisition of leading dry-bulk transportation and logistics company, M/G Transport Services. Private investment firm Auxo Investment Partners announced today that it is partnering with the Andrie family with an investment in Andrie LLC, a Michigan-based Jones Act bulk transporter of specialty products including liquid asphalt, cement, light oil petroleum products, and calcium chloride throughout the Great Lakes.
Norway 203040 Names Haugland CEO
Bjørn Kjærand Haugland announced as new CEO of the climate network Norway 203040.“It is extremely motivating for me to lead this business-led climate initiative that gathers companies with the most ambitious climate commitments in Norway to take a leading role in the transition to the low-emission society,” said CEO Bjørn Kjærand Haugland in Norway 203040. “Here in Norway there’s a strong focus on green growth…
New Coast Guard Command Center in Maine
Coast Guard Sector Northern New England officially opened a new 24-hour command center Wednesday in South Portland, Maine.Sen. Susan Collins, Atlantic Area Commander Vice Adm. Scott Buschman, and First District Commander Rear Adm. Andrew Tiongson were all on hand for the ribbon cutting ceremony. The command center is the hub for all Coast Guard operations across Maine, New Hampshire, Vermont and parts of New York.
Witherbys Releases ‘Ship Lay-up Guide’
Witherbys, in conjunction with BIMCO and International Shipcare, released the Ship Lay-up Guide this week.This new publication is a comprehensive guide to best practice when placing a ship into lay-up and is an essential aid for any ship owners/managers considering ship lay-up.Fully illustrated, with numerous real-world examples, this guide explains why a ship is placed into lay-up and the types of lay-up…