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EUROGATE Net Profit Up 13%
EUROGATE can look back on a good financial year, 2015. Despite difficult market conditions the European terminal operators Group increased its net profit by 13.4…
TS Taipei Grounding Spill Cleanup to Continue
Debunkering efforts continue for the TS Taipei, which grounded off Shimen, Taiwan last month, causing a large bunker spill after the vessel fractured in the middle.
XL Catlin Unveils Cargo Insurance Policy
XL Catlin’s Americas Marine business has introduced its first new marine product, an insurance policy to offer cargo insurance coverage on a domestic, foreign or worldwide basis. According to Anne Marie Elder, Chief Underwriting Officer of XL Catlin’s Americas Marine business, “To move assets, goods and products from point A to point B, businesses are contending with complex logistics, compliance issues and increasing threats of theft – to name a few. “Cargo risks are complex enough.
RV Neil Armstrong Arrives in Woods Hole
The research vessel Neil Armstrong arrived to its home port at the Woods Hole Oceanographic Institution (WHOI) dock for the first time Wednesday, escorted by the WHOI coastal research vessel R/V Tioga, two Coast Guard vessels and fireboats from neighboring towns. “What a wonderful day for Woods Hole, for the Commonwealth of Massachusetts, for Woods Hole Oceanographic Institution, and the entire ocean science community,” enthused WHOI President and Director Mark Abbott.
Stakeholders Voice Opposition to Proposed Waterway Tolls
A group of 75 companies and organizations have collectively voiced opposition to a Public Private Partnership (P3) project that would seek to toll the Illinois Waterway and that could make its way into the Water Resources and Development Act (WRDA) of 2016. The group consisting of a variety of stakeholders across the logistics chain and led by the Waterways Council, Inc. “We are not opposed to appropriate…
US Military Christens Self-piloting Ship
The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for enemy submarines, a major advance in robotic warfare at the core of America's strategy to counter Chinese and Russian naval investments. The 132-foot-long (40-metre-long) unarmed prototype, dubbed Sea Hunter, is the naval equivalent of Google's self-driving car, designed to cruise on the ocean's surface for two or three months at a time - without a crew or anyone controlling it remotely.
Cape Henry Associates Awarded US Navy Training Contract
The U.S. Navy has awarded Cape Henry Associates, along with five other companies, a curriculum analysis and planning services task order contract worth a projected…
This Day In Naval History: April 7
1776 - The Continental brig Lexington, commanded by John Barry, captures the British tender Edward near the Virginia Capes after a fierce fight that takes nearly an hour. 1944 - USS Saufley (DD 465) sinks the Japanese submarine I 2, west-northwest of New Hanover, while USS Champlin (DD 601) is damaged after intentionally ramming German submarine U-856 380 miles off Nova Scotia, Canada. Champlin then teams with USS Huse (DE 145) to sink U-856.
Demand Boosts Container Market Outlook -MSI
The latest Container Shipping Forecaster from MSI suggests a more positive market outlook for the container shipping sector in 2016 than the analysis of most of its peers. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI makes a more optimistic forecast on the demand side – indeed its trade growth estimates for 2016 are more than double those of the others.
OSC’s New Feeder Service Links Oman to UAE
Oman Shipping Company (OSC) is launching a new freight service linking all Omani ports to the United Arab Emirates by mid-April, 2016, in a move that aims to boost trade links. OSC’s new fortnightly Oman Express Service will be the first freight feeder operator to connect all Omani ports. It will be run by OSC subsidiary Oman Container Lines (OCL). OSC chief executive Tarik Mohamed Al Junaidi said…
China Teapot Refiners Create Qingdao Tanker Jam
Tankers at Qingdao port face up to 30-day wait. At least 15 large tankers wait to offload -shiptracking data. A surge in oil buying by China's newest crude importers…
Vietnam to China: Shift Rig, Abandon Drilling Plans
Vietnam demanded China move a controversial oil rig on Thursday and abandon plans to start drilling in waters where jurisdiction is unclear, the latest sign of festering…
Development on BWM highlights - IMO's R&D Forum
Ballast water management experts, meeting at the recent IMO-GloBallast R&D Forum in Canada, have showcased the latest developments in ballast water management and…
The Switch's PM Shaft Generator for LNG Vessel
The Switch, a specialist of megawatt-class permanent magnet (PM) machines for advanced marine drive trains, has been selected to deliver its PM shaft generator for an LNG carrier with a 45…
New DNV GL’s Nauticus Hull & Sesam GeniE offers Versatility
The introduction of the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT) makes support from advanced rule calculation tools more important than ever.
BOEM's Public Meetings Rescheduled
The Bureau of Ocean Energy Management (BOEM) is holding meetings to seek public input on the Draft Programmatic Environmental Impact Statement that analyzes potential…
Port of Antwerp Appoints New Brazilian Representative
Henrique Machado Rabelo, who has for some time already been responsible for commercial and institutional contacts and will now be focusing on the latter, was recently joined by Ricardo Sproesser…
Southampton Port to Take off with New Boss
As announced in November, Nick Ridehalgh, Associated British Ports (ABP) Director Southampton, is stepping down from his role and from ABP, with his last day Friday, 8 April.
Crimea to be the Hub of Russian Shipbuilding
Russia is considering a massive shipbuilding program, utilizing the facilities of Crimean enterprises and plants, reports Pravda. Russian Deputy Prime Minister Dmitry…
Norwegian Joy Keel Laid
Norwegian Cruise Line has celebrated the start of construction of its new Chinese ship, Norwegian Joy. A keel-laying ceremony was held at the Meyer Werft shipyard…
Video: CMA CGM's New 20,600 TEU Containership
Baltic Workboats Delivers New Launch for the Laurentian Pilotage Authority
Cyber Security to the Fore as New Coast Guard Rules Loom
SAFE Boats Debuts 41-ft. Offshore Interceptor in New Orleans
MJP Debuts New WaterJet
Brunswick Introduces New RHIB
IMO 2020: New Rules Demand New Solutions
Sterling PBES Launches a New Maritime Cartridge Battery Solution
LR - Fit for 55: Managing compliance and optimising operations
New BAE Jacksonville Shiplift is on Track to Start Ops in ’25