China's Maritime Economy Approaches $1 Trillion
Total maritime output or maritime economy of China is expected to generate nearly 6.5 trillion yuan (988.79 billion U.S. dollar) in 2015, about 7 percent more than 2014, reports Xinhua.
Annual Maritime Crime Statistics for 2015
Dryad Maritime, the UK’s leading maritime intelligence and operations company has released its analysis of worldwide reported incidents of piracy and crime against mariners for 2015.
Hurricane Condition Whiskey for Port of Delaware Bay
The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania…
MISC Hands Over Naval Auxiliary Vessel BM5 To RMN
MISC Berhad (MISC) today had successfully handed over to the Royal Malaysian Navy (RMN) the Naval Auxiliary Vessel BUNGA MAS LIMA (BM5), joining the RMN’s current…
Good Year for Damen Shipyards Sharjah
Damen Shipyards Sharjah (DSS) was officially opened in January 2014. Now, two years later, the yard celebrates its anniversary with a total of 13 vessels being dry-docked simultaneously.
Tallink’s Next LNG Fast Ferry: Megastar
Tallink’s new LNG fast ferry scheduled to be delivered in 2017 will be named Megastar. The name was chosen among 21,550 name proposals submitted to the public name contest. According to the Chairman of the Board of AS Tallink Grupp, Janek Stalmeister, the name enables the operator to maintain unity among the names in the Tallink Shuttle fast ferry family.“As Megastar will be among the largest of her kind in the world, this name expresses perfectly the characteristics of the ship.
Iran Plans Listing NITC to Fund Fleet Modernization
Iran plans to list its national tanker company to raise badly needed cash to upgrade its massive fleet and replace older vessels, as the middle east country prepares for an aggressive return to the global oil market. The country emerged from years of economic isolation last weekend after crippling sanctions were lifted in return for Tehran complying with steps to curb its nuclear ambitions. Iran has one of the world's biggest tanker fleets…
Van Oord Orders Cutter Suction Dredger
Van Oord has ordered a new cutter suction dredger from Royal IHC. The vessel, to be named Biesbosch, is a modular IHC Beaver 65 DDSP built at the yard in Sliedrecht…
NASSCO Delivers Second LNG Containership
Fueled by liquefied natural gas, the Perla Del Caribe will join its sister ship, the Isla Bella, as the greenest containerships in the world. U.S. shipbuilder General Dynamics NASSCO today delivered the world’s second containership to be operated by liquefied natural gas (LNG), the Perla Del Caribe. The ship was delivered two months ahead of schedule and is the sister ship of the world’s first LNG-powered containership, the Isla Bella, also built by NASSCO for TOTE Maritime.
Vale: 200,000 Tns/Day of Iron Ore Halted at Tubarão Port
The court-ordered closure of miner Vale SA's Port of Tubarão in Brazil has blocked the loading of some 200,000 tonnes of iron ore per day, the company said in a Friday statement.
Mexico Closes Gulf Oil Port as Cold Front Sweeps In
Mexico's Gulf port of Coatzacoalcos in the state of Veracruz was closed on Friday due to 82 kilometer-per-hour winds spurred by a cold front, port authorities said in a Tweet on Friday.
Greece to Restart Crude Oil Purchases from Iran
Greece's biggest oil refiner Hellenic Petroleum agreed on Friday to buy crude oil from the National Iranian Oil Company (NIOC), the first European refiner to restart…
Fires Still Raging at Major Libyan Oil Terminal After Attack
Fires at oil storage tanks in the major Libyan terminal of Ras Lanuf were still raging on Friday more than 24 hours after an attack by Islamic State militants, a firefighting official said.
MHI Hybrid Turbochargers Awarded for Efficiency
Hybrid Turbocharger developed by Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), received the President Award 2015 in the 36th Energy…
First Certified Sustainable Shipping Loan
Issuer Anthony Veder Group, sole arranger ABN AMRO and sole investor Delta Lloyd Asset Management announcd today that the Anthony Veder €66 million euro private…
W&O Inks Distribution Deal with Tranberg
W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation, and engineered solutions, announced a new OEM partner, Tranberg. A member of R.
Magellan Midstream Eyes Crude Exports out of Houston
Magellan Midstream and LBC Tank Terminals are actively looking to develop crude export capacity at their joint venture in Houston, Texas, Magellan chief executive…
New DNV GL Notations for Water-lubricated Tail Shafts
Two new tail shaft monitoring class notations from DNV GL offer ship owners and operators the possibility of unlimited intervals between tail shaft withdrawal surveys for water-lubricated systems. With these two voluntary class notations, TMON (closed loop water) and TMON (open loop water), DNV GL becomes the first classification society to use a condition-monitoring based survey process that eliminates the requirement for tail shaft withdrawal surveys at predetermined intervals.
Nauta Yard Launches Offshore Vessel
Nauta Shiprapair Yard launched a partly outfitted service offshore vessel, Esvagt Njord, built for Norwegian client, Havyard Ship Technology. Taking place on January 22, the launching marks Nauta’s first in 2016. The contract for this unit was signed roughly a year ago, and today the ship launched from the slipway B1. Esvagt Njord was built at a rapid pace, simultaneously with other ship construction…
SCHOTTEL Enters 2016 with Bag of Orders
SCHOTTEL, a manufacturer of propulsion and steering systems for ships and offshore applications, reports it has entered into 2016 with a bag full of new orders. The December orders underpin again the role the German manufacturer plays in the tug market. SCHOTTEL closed 2015 with eight orders for ASD tugs and a Rotor Tug with bollard pulls from 50 to 80 tons. The orders are covering the whole range of vessel types – tugs…