Course Change for China-bound U.S. Sorghum Bulker
A vessel carrying 58,503 tonnes of sorghum from the United States switched its destination from China to South Korea early on Thursday, according to Thomson Reuters Eikon ship tracking data.
Baltic Index Gains on Firmer Capesize, Supramax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize and supramax vessels strengthened.
India's First FSRU Based LNG Terminal Launched
H-Energy Gateway, the energy venture of Hiranandani Group, launched Indiaās first Floating Storage Regasification Unit (FSRU) based LNG terminal at JSW Jaigarh Port in Ratnagiri District, Maharashtra.
Kirby Acquires Targa's Inland Tank Barge Fleet
Kirby Corporation has announced the signing of an agreement to acquire Targa Resources Corpās inland marine tank barge business for approximately $69.3 million in cash.
Milaha Rolls Out Qatar-Iraq Direct Container Feeder Service
Qatar-based maritime transport and logistics conglomerate Milaha has announced the launch of a direct container feeder service between Qatar and Iraq. The new serviceā¦
OOCL Reports Higher Revenues for 1Q
Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) reported revenues for the first quarter of 2018 at $1.38 billionā¦
Boston Carriers to Buy Nuova Abibes SRL
Boston Carriers announced that in April 24 2018, the company entered into an exclusivity agreement with Nuova. The agreement provides six months for the acquisitionā¦
Rapid Growth for Zaragoza Maritime Terminal
In 2017, the Terminal Marítima de Zaragoza (tmZ) increased its handled volume by 20 percent, to around 350,000 TEUs by rail and truck. Over the past five years,ā¦
IMO Training Event at Libyan Port
International Maritime Organization (IMO) maritime security training is underway for Libyan port facility security officers, managers and designated authority officials (30 April ā 4 May).
Hapag-Lloyd Focuses on Africa
Hapag-Lloyd celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage allā¦
All Electric Pilot Boat Design Unveiled
Robert Allan Ltd. has developed a new all electric pilot boat for service involving short trips where the run to the ship is 5 nautical miles or less.An aluminum version of its steel predecessor, the RAlly 1600-E boasts a fully electric twin screw drivetrain and a substantial bank of high energy density batteries that are recharged from shore power. Twin small auxiliary generators give āget homeā and range extension capability but are normally not running.
ITIC Helps Limit Claim after Survey Vessel Capsize
In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to reduce the level of a claim by a shipbuilder for damages andā¦
Last-minute Tips for Subchapter M
Countdown to Subchapter M: Last-minute tips for choosing the USCG or TPO/TSMS option ...Subchapter M will finally be implemented in the tugboat and towing industry in only a few short months. It has taken over ten years to arrive, but the build-up and in some cases, hysteria, can only be compared to the Y2K scare at the end of 1999. During that period, the world said Y2K would cause computer crashesā¦
Flintstone Secures Contract for Tullow FPSO
Flintstone Technology Ltd said it has secured a contract with MODEC for its in-line tensioning and pull through connection mooring system to be deployed off Westā¦
Apply Now for the MN 100
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and service providers.This year's MN100 edition application portal is live and open. Participation is free, but to be considered you must apply at http://mn100.maritimemagazine.com/.
CMHI, DNV GL Ink LoI for Two Jack-ups
DNV GL announced it has signed a letter of intent (LoI) with shipyard China Merchants Heavy Industry (Jiangsu) Co., Ltd (CMHI) for the classification of two multi-activity jack-up units at the Offshore Technology Conference (OTC) in Houston.Ordered by OOS Energy B.V., which is affiliated with Netherlands-based Overdulve Offshore Services (OOS) International, these 96 m long units will be purpose-built for the decommissioning market.
McDermott, CB&I Shareholders Approve Merger
McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.More than 50 percent of McDermott shareholders supported the deal and approved a 3-to-1 reverse stock split, according to a spokesman.
Damen Debuts New Fast Crew Supplier Vessel
Damen Shipyards Group has introduced a new model to its Fast Crew Supplier range: the FCS 2710, which builds on the FCS 2610 first introduced in 2011.The first FCSā¦
DNV GL Hires Bendrik as Chief Digital Transformation Officer
Klas Bendrik will join DNV GL September 1 as Chief Digital Transformation Officer to support DNV GLās digitalization and IT strategy. Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Groupās Executive Committee and report to Group President and CEO Remi Eriksen.āDigitalization is central to our strategy. DNV GL invests 5 percent of its revenue on researchā¦
Turkmenistan Seeks to Tap into East-West Cargo Flows with New Seaport
Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports, which took a hit when Russia, once its main customer, stopped all purchases in 2016 after a pricing dispute.The port, in the city of Turkmenbashiā¦
