Mainstay Lands New Vessel Contract
A designer, builder and maintainer of workboats and renewable marine energy devices has won a significant contract to construct a crew transfer vessel. Mainstay Marine Solutions, which won against international competition, will build the boat at its deep-water facility in Pembroke Dock for client Targe Towing, a Scottish-based tug owner and operator. The 15m vessel, designed by Carmarc Design, will have a maximum speed of 15 knots and capacity for two crew and 12 passengers.
Eneco Consortium Wins Borssele III&IV Tender
The consortium of Eneco, Diamond Generating Europe, Shell and Van Oord has won the tender for the construction and operation of Dutch offshore windfarms Borssele III & IV.
Flag States must be Proactive in Difficult Times - Liberia
Flag states must be proactive in the best interests of shipowners, operators and managers, rather than simply fulfilling their traditional role as certification bodies.
Dryad Expands VSM Service to Sulu Sea
With vessels and crew having become a recent target by the militant jihadist group Abu Sayyaf in the Sulu Sea, it has now become an area of high risk for mariners.
ICTSI's Fully Automated Terminal Complete
Victoria International Container Terminal (VICT) recently celebrated the completion of its terminal in Webb Dock in Melbourne, Australia ahead of schedule. The celebration was headed by Enrique K.
Utah Facility Exports Hit 100 mln
The Utah Point Multi-User Bulk Handling Facility (Utah Facility) at the Port of Port Hedland has marked a milestone with 100 million tonnes (Mt) of exports since its commissioning in September 2010.
Wärtsilä, CSSC Ink BWMS Manufacturing Deal
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC)…
DryShips Completes Registered Direct Offering
DryShips Inc.announced that it has completed the previously announced registered direct offering of 100,000 newly designated Series E-1 and E-2 Convertible Preferred Shares and Warrants…
Transnet Appoints Ngqura Liquid Bulk Terminal Operator
The Port of Ngqura is poised to play a vital role in ensuring the security of South Africa’s fuel supply, while creating a new petroleum trading hub for Southern…
MSC Signs Global Declaration of Intent Against Counterfeiting
Mediterranean Shipping Company (MSC) has signed an official declaration, designed to prevent the maritime transportation of counterfeit goods. The declaration is…
14 CEZs to Come Up in India Under Sagarmala
The Government has identified fourteen Coastal Economic Zones (CEZ) along the coastline of the country under National Perspective Plan (NPP) of Sagarmala Programme.
NCL's Norwegian Jade to Call Port Tampa Bay Home
The Norwegian Cruise Line (NCL) ship Norwegian Jade will set sail from Port Tampa Bay during the upcoming winter cruise season. Port Tampa Bay officials welcomed the 2…
Egypt Gets its First German Submarine
The Egyptian Navy has officially received its first Type-209/1400 submarine at the German city of Kiel to support the naval troops, says the government sources.
Financial Close for Bahrain LNG Terminal
Bahrain LNG, the developer of the Gulf state’s receiving and regasification terminal for liquefied natural gas (LNG), has closed a $741 million syndicated loan for the platform’s construction.
Qatar Merges State-Owned LNG Producers
Qatar, the world’s largest liquified natural gas producer, announced it is to merge state-owned Qatargas and RasGas to create a “truly unique global energy operator”, says an AP report.
NextDecade in FSRU Deal with Flex LNG
NextDecade Global Solutions, a subsidiary of NextDecade, LLC, and FLEX LNG have signed a Heads of Agreement (HOA) to create a full value chain solution for customers…
Another Robert Allan Tug for China
The Cao Gang 26 is a new RAmparts 3300 ASD tug designed by Robert Allan Ltd., constructed at JiangSu Zhenjiang Shipyard (Group) Co. Ltd. in China and delivered to the Owner, Cao Fei Dian Port in Northern China in November 2016. On trials, the vessel met or exceeded all performance expectations, producing bollard pull astern of 60.5 metric tons and a free running speed ahead of 13.5 knots. The vessel has been outfitted to the highest standards for a maximum crew complement of 14…
Further Upside Seen for Asian Aframax Rates
The Asian Aframax market has been strengthening steadily, with rates for the Indo/Japan route up by w25 points w-o-w at w135. The Baltic Exchange’s benchmark TD14 route reached w127.50 Tuesday, jumping by w29 points w-o-w. This is partly due to underlying seasonality as refiners in the region typically raise utilization rates during Q4 in order to meet winter demand. An early and colder-than-usual winter in North Asia has led to increased heating fuel demand…
Maersk Fluid Technology Upgrades SEA-Mate
Maersk Fluid Technology (MFT) said it has recently upgraded its SEA-Mate Blending-on-Board Value Calculator to include a mobile optimized version that will assist in calculating savings, based on a variety of real life scenarios. The SEA-Mate Blending-on-Board (BOB) system enables the crew on board the vessel to blend an engine-specific fit-for-purpose cylinder lubricant with the optimal neutralization and detergent properties.
Scorpio Tankers says Upsized and Extended Credit Facility
Scorpio Tankers Inc. announced the upsizing and extension of its BNP Paribas Credit Facility. The Company has received an additional $27.6 million commitment from…
