Cosco's Ambitious $1.5Bln Megaship Plan
Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container…
Richmond Now Destination for CMA CGM
CMA CGM has signed an agreement with the Port of Virginia to add the Port of Richmond as a destination for shippers booking cargo on its ships. The Port Virginia…
British Maritime Industry Eyes China’s One Belt, One Road Plan
China’s 21st Century Maritime Silk Road and Economic Belt development vision has takers in UK maritime sector, reports Xinhua News Agency. Both countries expected…
London Tops Xinhua/Baltic Exchange Index for Maritime Services
London has come top of a listing of maritime service centres published by the Baltic Exchange and Xinhua, China’s news agency, whilst Singapore heads the overall…
Economic Importance of River Thames
The vital role that the River Thames plays in the economy, the movement of freight and the transport of passengers – and also in the wellbeing of the capital’s residents…
MSA Welcomes the Strong Focus on Skills in the Maritime Growth Study
The Maritime Skills Alliance (MSA) has welcomed the strong focus on skills in the Maritime Growth Study published this week. Nine of the 18 recommendations relate to skills and education…
Missing Cargo Ship Sah Lian Found
The MV Sah Lian vessel which was reported missing on September 7 while on its way from Kuching to Limbang, was found about 26 nautical miles from Tanjung Baram, Miri.
Eniram Launches 3 New Energy Savers
Eniram Ltd, a provider of energy management and fuel-saving technology and analytic services to the shipping industry, announced the release of three new products…
ExxonMobil Helps Extend Ship’s Piston Ring Life
Athens-based Costamare Shipping has more than tripled the piston ring replacement period to more than 55,000 hours for containership Cosco Yantian, helping the company…
Fugro to Install Cables for Rampion Wind Farm
Geotechnical, survey, subsea and geosciences services firm Fugro informs it has secured a contract for the installation and burial of array cables at the Rampion Offshore Wind Farm being built in the English Channel, 13 kilometers off the Sussex coast, by E.ON alongside partners, the UK Green Investment Bank plc. The contract will see Fugro lay and bury the cables with its construction and installation…
Port of Cleveland Awarded for Cargo Growth
The Port of Cleveland informs it has been awarded by the U.S. Saint Lawrence Seaway Development Corporation (SLSDC) for its international cargo growth. The Robert J. Lewis 2014 Pacesetter award, presented to the port by the SLSDC this morning at its monthly board meeting, recognizes growth in international cargo, generated by the port’s Cleveland Europe Express (CEE) liner service and its traditional line of non-containerized steel cargo.
Webb Institute Kicks Off Big Fundraising Push
On the heels of its 125th anniversary, Webb Institute has launched a fundraising effort seeking to raise $40 million to enhance the college’s programs, infrastructure and financial resources to meet the growing challenges of an expanding marine industry, the college announced today. The initiative, entitled "Campaign for Webb: America’s Most Unique College," sets forth the most ambitious fundraising endeavor in the institution’s history…
Seaspan Appoints Three to its Executive Team
Seaspan, an association of Canadian companies primarily involved in coastal and deepsea transportation, bunkering, ship repair and shipbuilding services, named three senior leaders to its corporate executive team, the company announced today. The appointments include Paul Thomas as Vice President, Engineering – Vancouver Shipyards; Matt Boydston as Vice President, Finance – Seaspan Shipyards; and Billy Garton as General Counsel for Seaspan ULC.
Safeguarding Against Safety Concern on FLNG Installations
Press release - Accidental release of cryogenic liquids such as liquefied natural gas (LNG) poses a significant risk to personnel and assets on oil and gas installations.
US House Panel Passes Bill to Repeal Oil Export Ban
A U.S. House of Representatives subcommittee passed a bill on Thursday to repeal the U.S. ban on oil exports, providing momentum in the chamber for overturning the 40-year old trade restriction.
Standing on Guard(eon): Preventing the ‘Arc Flash’ Casualty
As GE celebrates the grand opening of its Mebane Customer Experience Center and a multimillion dollar manufacturing facility renovation, Maritime Reporter & Engineering…
Vitol Supplying Bunker Fuel to Houston, Mississippi River
Press release -- Vitol announced it has begun supplying physical bunker fuel to Houston and the Mississippi River. Bunker grades RMG, RMK and DMA 0.1 percent will…
Mooring Integrity Monitoring: BMT Answers the Challenge
The need for mooring integrity monitoring has of late come back under the spotlight, not least because the use of floating production systems in the offshore oil and gas industry has been predicted to grow at a significant rate between now and 2017 with a peak in the number of new builds expected to occur in 2016/2017. Recently, an updated industry guideline on mooring integrity has been issued by Oil & Gas UK with the support of operators, contractors and vendors.
Maritime Surveillance: Autonomous and in Real-time
Conventional surveillance technologies cannot easily help to detect fast boats, which generally have small radar signatures and do not carry automatic identification systems (AIS). For this reason, the NATO STO CMRE (Center for Maritime Research and Experimentation) has addressed this problem along with other project partners, as part of the European project PERSEUS. The PERSEUS project (Protection of European BoRders and Seas through the IntElligent Use of Surveillance)…
LNGreen: Next-generation LNG Carrier Concept
DNV GL announced the completion of the LNGreen joint industry project, which worked to develop a next-generation LNG carrier. The LNGreen joint industry project brought together DNV GL, GTT, Hyundai Heavy Industries (HHI) and GasLog. The vessel concept is designed to deliver an improved environmental footprint, a higher level of energy efficiency, as well as an improved boil-off rate and cargo capacity, making it much better suited to future trading patterns than existing vessels.