Maritime News, Maritime Magazine

BOEM "Blown Away" by Record U.S. Offshore Wind Auction

A U.S. government auction for three wind leases off the coast of Massachusetts ended…

Latest Maritime News

MOL Passenger Line 'Cruise of the Year 2018'

Mitsui O.S.K. Lines (MOL) announced that its group company, Mitsui O.S.K.
Moody's Rated Panama Canal with Stable Outlook

Moody's Investors Service reaffirmed the Panama Canal Authority's…
First Non-EU Ship Recycling Yards Join EU List

The European Commission published the fourth version of the ‘European…
Solstad Scores Long-term Charter with Total

Norwegian vessel owner Solstad Offshore ASA, together with its local…
Maersk Broker Buys Stake in NAODAN Chartering

Maersk Broker Bulk Chartering has bought a stake in a US-based dry…
Petronas Wants Malaysia to be Regional LNG Bunkering Hub

Malaysian oil and gas company Petronas plans to introduce liquefied…
Scorpio Bulkers Gets Work for SBI Hera

Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers…
Moore Stephens: Shipping Confidence Dips

Shipping confidence dipped slightly in the three months to end-November 2018…
Samsung Heavy Strikes New LNG Carrier Order

South Korean shipbuilding giant Samsung Heavy Industries (SHI) said…
25 Vessels Added Indian Flag in Ten Months

The number of ships under Indian Flag on December 31, 2017 was 1374…
Nordic American Offshore Bags PSV Contract

Bermuda-headquartered Nordic American Offshore (NAO) has been awarded…
Campbell Transportation Appoints Buese EVP

Campbell Transportation Company, Inc. said that Kyle Buese will be…

Shipbuilding

Quantum Pacific: $40m 'Green Loan' for Scrubbers

Singapore-based Quantum Pacific Shipping (QPS) has received a loan from BNP Paribas to finance the purchase and installation of exhaust gas cleaning systems on its vessels.The loan up to $40 million is arranged on Quantum Pacific’s behalf by its management company Eastern Pacific."BNP Paribas is the lender, agent and security trustee for the Green Loan…

Offshore

Ørsted Lauches Offshore Wind Biodiversity Policy

The largest energy company in Denmark, Ørsted A/S announced ‘Offshore wind biodiversity policy’ to set out the principles that underpin our efforts to protect the natural environment in the areas where we develop, construct and operate offshore wind farms.“Renewable energy plays a major role in mitigating climate change and the threat it poses to biodiversity.

Coastal/Inland

Port of Oakland Cautious on 2019

The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. The Port said today that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76,902 containers set in 2007. November imports were up 15 percent over the…

Government

Columbia Gets USD 229.23 mln for Port Projects

U.S. Transportation Secretary Elaine L. Chao announced 14 grants, which go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program.Port-related projects will receive a total of $229.23 million, said a press release from American Association…

Equipment

Yara Opens Shanghai Office

As the demand for its exhaust gas cleaning systems -- aka. 'scrubbers' -- has grown, Yara Marine Technologies opened its new office in Shanghai. Peter Strandberg, CEO, Yara Marine, explains: “A large percentage of scrubber installations will be executed in the Asia-Pacific region. A strong local presence in Shanghai is…

Training

PSA, SUTD to Build NewGen Port Operators

Singapore's port operator PSA Corporation Limited (PSA) has signed a memorandum of understanding (MoU) with the Singapore University of Technology and Design (SUTD) to develop a pipeline of talent for the future mega port in Tuas.The MoU is aimed at producing data science, info-communications and engineering professionals for the Tuas port…

Law & Regulations

ICE to Launch Marine Futures Contracts Ahead of IMO 2020 Sulfur Cap

The Intercontinental Exchange will launch new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap by the International Maritime Organization (IMO) in 2020.The operator of global exchanges and clearing houses and provider of data and listings services said in a press release that the new contracts are expected to launch on February 4…

Radio Holland Continues to Build its Global Network

Maritime Reporter Magazine Cover Dec 2018 - Great Ships of 2018

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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