BIMCO Launches New Standard Agreements for Novation of Shipping Contracts
BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Two of the agreements cover time charter partiesâŠ
Promoting National Maritime Transport Policy in Saint Lucia
A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.
Bronson Hsieh Leaves Evergreen to Head Yang Ming
Evergreen Group vice chairman Bronson Hsieh has been appointed chairman of rival Taiwan carrier Yang Ming Marine. Yang Ming Marine Transport, the nationâs secondâŠ
Expanded Panama Canal Nears Inauguration
As the global shipping industry facing tough weather, the $5.25 billion expansion of the Panama canal is set to open Sunday (June 26), reports AP. The deeper, widerâŠ
Turkey to Modernize Pakistanâs Subs
The Turkish defense firm Defense Technologies and Engineering (STM) won the tender to modernize Pakistan's submarines against its French competitor DCNS, reports Daily Sabah.
Turkey Launches F-513 TCG Burgazada
Turkish Navyâs third Milgem class corvette, the F-513 TCG Burgazada, created as part of the MILGEM project, was launched with a ceremony attended by Turkish PresidentâŠ
Subsea 7 Announces PLSV Swap off Brazil
Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil. The agreement will see the SubseaâŠ
Oil Ends Higher in Choppy Trade ahead of Britain's EU Vote
Oil prices closed 2 percent higher after a volatile session on Thursday, with investors less worried about prospects for the global economy after the last pre-voteâŠ
Norsepowerâs Rotor Sail Wins Innovation Award
Norsepower Oy Ltd., the developer of the worldâs first renewable energy-powered vessel technology, has received the âInnovation of the Yearâ accolade at the 2016 Electric & Hybrid Marine Awardsâ ceremony, which took place at Electric and Hybrid Marine World Expo in Amsterdam. Now in its third year, the Electric & Hybrid Marine Awards recognizes and honors the worldâs finest manufacturers, suppliers, engineers, innovations and products, in electric and hybrid marine propulsion.
Klüber Synthetic Gear Oils Offer Max Efficiency
Klüber Lubrication, manufacturer of specialty lubricants, provides high-performance gear oils that are based on high-grade raw materials and advanced additives, enabling maximum efficiency in the lubrication of gear components. Klübersynth GEM 4 N are high-performance gear and multipurpose oils based on polyalphaolefin that provide outstanding protection against wear with resistance to micropitting, foaming, and residue formation.
Kuriyama Joins Matson Board of Directors
The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016. Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc. He first joined Alexander & Baldwin in 1992, and from January 2010 until his retirement in December 2015, he served as Alexander & Baldwin's president and chief executive officer. Prior to joining Alexander & BaldwinâŠ
First U.S. Ship-to-Shore Drone Delivery
Flirtey, a Johns Hopkins University School of Medicine doctor and the Field Innovation Team showcase humanitarian potential of drones for the United Nations and American Red Cross. Drone delivery service Flirtey and Dr. Timothy Amukele, assistant professor of pathology at Johns Hopkins University School of Medicine, successfully conducted the first ship-to-shore drone delivery in the U.S. on the New Jersey coastline.
Damen Wins Best Paper Award at WODCON
At the WODCON 2016 held last week in Miami, Damen was awarded the âBest Paper Awardâ for a paper on efficient dredge pump design, written and presented by Klaas Slager. The WODCON is the annual conference of the Wester Dredging Association, where dredging specialist gather to discuss developments in the industry. In total some 120 presentations were held over the four-day gathering. During the closing ceremony held on June 17âŠ
Merger: Survitec Joins Forces with WMS
Survitec Group announced a transformational deal with the Marine Safety business of Wilhelmsen Maritime Services AS (WMS), in which WMS will transfer into SurvitecâŠ
Alabama Pilots Order High-speed Launch from Gladding-Hearn
The Alabama Pilot, Inc., in Mobile, Ala., has ordered a Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery of the new 53-footer is scheduled for mid-2017.
Maersk's New CEO Appointment Raises Prospect of Break-up
Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive. Maersk shares rose more than 10 percent on the news with investors betting on a break-up and seeing the appointment as a sign of a more profound restructuring. "The question is whether we should be a large groupâŠ
SeaPro FourStroke Making Gains in the Commercial Market
Mercury Marineâs family of SeaPro FourStroke outboard engines is suited for high-hour applications and harsh environments, according to the manufacturer, who said the engines are gaining popularity within the commercial marketplace. The lineâs latest commercial marine endorsement comes from TowBoatUS, operator of more than 600 boats in the U.S., who is investing in Mercury SeaPro outboards on some of its fleet, including one vessel in Ft. Myers, Fla.
Donors Give $2.9 Mln to Train BCâs Future Shipbuilders
The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbiaâs marine industrial sector. The commitment totals $2.9 million and includes a three-year, $900,000 donation by the Dennis and Phyllis Washington Foundation to three institutional trades training programs in Canada. This donation hasâŠ
DCNS Predicts Turning Point for Tidal Power
Tidal power is moving beyond the prototype stage for state-backed French naval shipbuilder DCNS, which is targeting a billion euros in sales from the technology in the next decade. DCNS, which is 35 percent owned by defence group Thales and 64 percent by the French state, builds warships and submarines but aims to sell its first commercial tidal power system in four years and wants to get up to 25 percent of its sales from renewable marine energies by 2025.
Trelleborg Debuts New Dredging Hose in China
Trelleborgâs engineered products operation is now manufacturing a pre-bend rubber dredging hose in China â the only one of its kind available in the country, according to the manufacturer. Currently exclusive to Trelleborgâs Chinese manufacturing operation, all of Trelleborgâs pre-bend rubber dredging hoses manufactured in China will be reinforced with armored rings, thereby strengthening the hose and extending its use-life.
