50 Students Selected by Italian Ship-Owners
23 letters of employment delivered to new graduates in the presence of the Institutions of the School. Eleven Italian shipping companies “christened” the courses at the I.T.S. Fondazione “G. Caboto” (Caboto Foundation), an Institute of Advanced Technology, addressed to 50 students who will be recruited and taken aboard their ships once having completed the two-year training period, during which they will already have the opportunity to sail the seas worldwide as part of their education.
Keppel FELS Delivers First Rig of the Year
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International Ltd. (q.s.c) (GDI) of Qatar.
New Mooring System for Commercial Vessels
Eliminating the slack line required for conventional tie-ups, PSI Marine's TideSlide Mooring System reduces inertial loading usually generated by a moored vessel. TideSlide's strength and safety are ideal for commercial docks where cargo or passengers are loaded. Maintaining the vessel's boarding proximity allows safer movement of freight and passengers. TideSlide's vertical movement absorbs any built-up energy…
FURUNO Launches Two Radar Models
FURUNO has announced that two new Radar models FAR-15x3 series and FAR-15x8 series will be ready for launch very shortly. These two Radar models have been developed with the concept of delivering high performance and excellent operability at the same time. The FAR-15x8 series fully meets the latest performance standard of IMO for all Cat.2 Radar (19-inch display is required for Radar effective diameter…
KR Gets Statutory Okay in Germany, Togo
Korean Register (KR) - an IACS member classification society – is now authorized as a Recognized Organization (RO) by the German Federal Ministry of Transport and…
BIMCO: Container Shipping Faces Low Supply Growth
While the containershipping market continues to welcome a fleet of modern, mammoth efficient ships to the fold, it will struggle in 2016 with low supply growth that will test its mettle, according to a recent analysis from BIMCO. Overall, container volumes being moved around the world have grown by an average GDP-to-trade multiplier of just 1.1 since 2010 and we expect this to continue in coming years.
BIMCO: Tanker Market Stays Strong, Demand is High
According to a recent BIMCO Shipping Market Analysis, the global tanker market remains a bright spot in the global shipping market, with demand staying high. Below is a synopsis of the report's latest findings. More than anything else, the healthy refinery margins that have followed in the wake of the lower input price has stimulated oil products trading and refinery throughput. This has been a strong boost to overall oil tanker demand.
SENER Debuts LNG Bunker Vessel Design
Relying on more than four decades of experience and activities in the maritime and energy markets, including the design of a Floating Regasification and Storage Units (FSRU), SENER technology and engineering Group has developed its own design of a Liquefied Natural Gas (LNG) bunkering vessel. The SENER design follows the tendencies for 2030 required by operators and ship-owners. The result is a Ship To Ship (STS) LNG bunkering vessel…
ICS Issues Shipboard Bullying Guidance
Maritime employers and seafarers’ unions have joined forces to publish new international ‘Guidance on Eliminating Shipboard Harassment and Bullying’. The new Guidelines…
Adani Group Buys Two Royal IHC Dredgers
The Adani Group has signed a contract for two IHC Beagle 8 trailing suction hopper dredgers (TSHDs). These two 8,000m3 vessels belong to the standardised IHC Beagle series…
Realignment at ABS Americas
ABS, a leading provider of classification and technical services to the global marine and offshore industries, announces the realignment of its Americas Division…
Wärtsilä, Cavotec Developing Wireless Charging, Mooring Concept
An agreement has been signed between Wärtsilä and Cavotec to jointly develop the world's first combined induction charging and automatic mooring concept. Wärtsilä…
Damen TSHD 650 for Gippsland Ports
Damen Shipyards Group is constructing a Trailing Suction Hopper Dredger (TSHD) 650 for Australian client Gippsland Ports. The TSHD will be the first Damen dredger to operate in the country.
Keppel to Focus on its Asset Management Businesses
Keppel plans to consolidate its interests in business trust, REIT and fund management under Keppel Capital and grow its asset management business. In a major restructuring…
Profit Warning of China Shipping Container Lines
China Shipping Container Lines (CSCL) has released a profit warning stating that it expects to close the financial year 2015 with a net loss of about 2.8 billion…
Colombo Port Boosts Volumes
The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs…
John Kerry Off to Asia to Address Maritime Issues
U.S. Secretary of State John Kerry is pressing for peaceful resolutions to increasingly tense maritime disputes in Asia, reports AP. Kerry arrived in the Laotian…
Venezuelan ship VMF Alita Sank off near Panama
A ship Venezuelan flag, name VFM Alita sank last week in Caribbean waters of the Panama Canal after colliding with another anchoring vessel, which caused hole above the waterline and water ingress.
Hyundai Heavy Closes Onsan offshore
Hyundai Heavy Industries has temporarily shut one of its two factories making offshore oil rigs - Onsan plant in South Korea - due to downturn in the global oil and gas industry.
Port Tampa Bay to Reap Fruits of Expanded Panama Canal
Port Tampa Bay is spending $21.5 million on a pair of new cranes that will be able to unload bigger container ships, and it is investing millions more to make it…
