India Signs MoU with Korea on Seafarers
India signed an MoU with the Republic of Korea (South Korea) on Mutual Recognition of Certificates of Competency of Seafarers. This paves the way for the two governments to mutually recognize the certificates of maritime education and training, competency, endorsements and medical fitness of seafarers issued by each other. The agreement was signed by Nitin Gadkari, Ministry of Shipping, Road Transport & Highways and Water Resources…
CMA CGM Rolls Out Ocean Alliance Day Two Product
CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by providing even better services and upgrades to the Group’s customers. The Ocean Alliance Day Two Product has a carrying capacity of around 3.1 million TEUs (Twenty-foot Equivalent Unit) with 331 containerships deployed on 41 services.
Hyundai Merchant Marine in Aggressive Expansion in India
With India’s high economic growth and the improvement of container market, Hyundai Merchant Marine (HMM) has been aggressively expanding its sales activities within the region. HMM currently operates seven services and ten vessels between Asia-India, and its export volume from India last year increased almost 70% year-over-year. With the continuous growth of Indian market, HMM – as Korea’s first shipping…
Diana Shipping TC Contract for Melia with United
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with United Bulk Carriers International S.A., Luxembourg, for one of its Panamax dry bulk vessels, the m/v Melia. The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$12,000 per day, minus a 5% commission paid to third parties, for a period of minimum s 17 months to maximum 20 months.
DNV GL Advises on Acquisition of UK's Wind Farm
DNV GL secured a leading role as technical advisor to GVO Wind Ltd and Bluemerang Capital Ltd, supporting the sale of an 80% stake of the 26.1 MW Ventus portfolio of wind projects. Ventus is the UK’s largest portfolio of feed-in-tariff wind turbines, comprising 53 operational projects located across the UK. The portfolio was acquired by Malaysian power utility Tenaga Nasional Berhad (TNB). This is TNB’s second acquisition in the UK…
USNS Mercy Departs Bengkulu Indonesia
Service members and partner nations participating in Pacific Partnership 2018 (PP18) departed Bengkulu aboard Military Sealift Command hospital ship USNS Mercy (T-AH 19), April 10. "I'd like to thank the residents of Bengkulu for their hospitality. I have found that they are some of the most engaging and friendly people I have ever met," said Capt. David Bretz, PP18 mission commander. While in Bengkulu…
Fetten Named CEO at MV WEFTEN
Maritime industry veteran Peter Fetten will take over as President & CEO of German shipbuilder MV WERFTEN as of May 1, 2018. Jarmo Laakso will remain as Managing Director and step into the position of COO to focus on cruise shipbuilding.Fetten was previously the Senior Vice President of Corporate Ship Refits at Carnival Corporation & PLC for the past nine years. He was also Vice President Newbuilding and Fleet Design of Royal Caribbean Cruises Ltd.
Ekse Joins Elliott Bay Design Group
Robert Ekse has joined Elliott Bay Design Group's team of naval architects and engineers as a project manager. He will be responsible for the initiation, management and execution of diverse projects and will be based in the Seattle office. Ekse has 27 years of experience in increasingly responsible roles within the marine industry, having worked for operators and shipyards along the West Coast.
Latest Innovations in Heavy Duty Machinery
In the first of a series of marine industry sector reviews, MR&EN correspondent Tom Mulligan reports on the latest innovations in heavy lifting machinery technology with a selective overview of new product launches and recent equipment installations on board ships, ferries and workboats, as well as in ports, docks, harbors and shipping terminals worldwide. Markey Machinery’s Render/Recover and Asymmetric…
Seaspan Shipyards Opens New Vancouver Office
Seaspan Shipyards officially opened its new 7,800 square meter office at the foot of Pemberton Avenue on the south western spit of the property near Seaspan’s current offices in North Vancouver, B.C. The new building, which provides space for approximately 390 employees, will serve primarily as a collaborative space for Vancouver Shipyards to execute preproduction work as a strategic partner to the Government of Canada under the National Shipbuilding Strategy (NSS).
In 2013, Bouchard Transportation Co., experienced two important company milestones: BTC President/CEO Morton S. Bouchard III is inducted into the International Maritime Hall of Fame, and the company announces their donation to fund the Bouchard Transportation Co., Inc. Tug and Barge Simulation Center at SUNY Maritime College, which officially opens one year later, in 2014. The July 2018 edition of Maritime Reporter & Engineering News will feature a special “Bouchard Transportation Co.
Baltic Index Gains On Stronger Capesize Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose over two percent on Tuesday to mark its biggest one-day percentage gain in about seven weeks, helped by stronger capesize rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 22 points, or 2.31 percent, at 974 points. This was the biggest one-day percentage gain for the index since Feb. 21.
Simwave Simulator Center Opens in April
With a range of dignitaries in attendance, Simwave will officially open its 5,000-square-meter maritime training center in Barendrecht on April 19. The three hundred guests will take a look behind the scenes at the new location, which houses more than 50 simulators. The center has already been in use for some time now. The 'site acceptance test' was successfully completed on January 29th, in collaboration with the supplier of the simulators, the Norwegian company Kongsberg Digital.
Palfinger to Replace Six Large Lifeboat Stations
Palfinger Marine has been chosen as the supplier for the replacement of six large lifeboat stations for the accommodation vessel Edda Fides. “We have been working closely with Edda Accoommodation on this project and found the best technical solution for their needs. Edda Accommodation’s request was to increase the lifeboat capacity as much as possible so that they are able to meet requirements from their customers worldwide,” says Robin Holmedal Pedersen, Area Sales Manager LSE.
HMM to Order 20 Mega Containerships
South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU. The announcement comes less than a week after the South Korean government unveiled its Five-year Plan for Rebuilding Korean Shipping. HMM said it has sent a request for proposal (RFP) to eligible shipbuilders. Once a builder is selected…
After China's Massive Drill, U.S. Patrols Disputed South China Sea
In a span of 20 minutes, 20 F-18 fighter jets took off and landed on the USS Theodore Roosevelt aircraft carrier, in a powerful display of military precision and efficiency. The nuclear-powered warship, leading a carrier strike group, was conducting what the U.S. military called routine training in the disputed South China Sea on Tuesday, headed for a port call in the Philippines, a defence treaty ally.
International Cruise and Yachting Festival Planned for November
Hong Kong’s first-ever cruise and yachting event, International Cruise and Yachting Festival (Hong Kong) 2018, is scheduled to be held from November 22 to 25 at the Kai Tak Cruise Terminal, Kai Tak Runway Park and Kwun Tong Typhoon Shelter. The four-day event, organized by the Hong Kong Cruise and Yacht Industry Association, will bring together global cruise and yacht brands and boats with Maritime Education and Employment…
Interferry Issues Call for Conference Papers
Global trade association Interferry has launched a call for papers on safety, security and the environment ahead of its 43rd annual conference taking place in Cancun, Mexico, this October. CEO Mike Corrigan stresses: “The core themes of this year’s conference are issues of ever-increasing importance not just to the worldwide ferry industry but across society as a whole. Two keynote speakers have already been confirmed – Robin Silvester…
MAN Powers World’s First LNG-fueled Bulk Carrier
The world’s first liquefied natural gas (LNG) fueled bulk carrier, the 50,000 dwt newbuild Ilshin Green Iris, is powered by state-of-the-art technology from MAN Diesel & Turbo. The groundbreaking vessel, delivered in February 2018 for owner Ilshin Logistics, was constructed by South Korean shipbuilder Hyundai Mipo Dockyard (HMD) as part of a project announced in July 2016 to develop the first in a new generation of environmentally-friendly LNG-fueled bulk carriers.
Fournier Joins The Ulven Companies as Sales VP
The Ulven Companies has hired Steve Fournier as Vice President of Sales. Fournier will be responsible for strategic leadership, business development and management in building…