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Jan De Nul Orders Jack-up Installation Vessel
Luxembourg based Jan De Nul Group (JDN) announced Friday it has ordered its third offshore jack-up installation vessel, due for delivery from Chinese shipyard COSCO Shipping Heavy Industry in 2022.The new vessel, Voltaire, is designed to transport, lift and install offshore wind turbines, transition pieces and foundations, and will have better operational limits compared to existing jack-up installation vessels…
NAMTS: The Future of Navy Ship Maintenance
All ship’s systems are vitally important to the success of the Navy mission, so whom does the captain call when a gas turbine stops turning? What happens when a diesel engine aboard ship breaks down?
U.S. Shipping Sanctions Give Boost to EU Refiners
U.S. sanctions imposed last month on subsidiaries of vast Chinese shipping fleet Cosco have given an unexpected boost to European refiners as less crude oil from the North Sea and West Africa heads east, traders and analysts said.Freight rates have soared as oil producers scramble for non-blacklisted vessels, discouraging longer-distance voyages.Complex refining margins for advanced facilities capable of extracting even more valuable products like diesel and gasoline…
Debmarine to Build $468mln New Vessel
Namibia marine diamond mining company, Debmarine Namibia announced that its Board of Directors have approved the construction of the world’s first ever custom-built…
SeaDream Innovation Emphasizes Sustainability
Norway-based private cruise line SeaDream Yacht Club has released new details on its upcoming cruise ship, the SeaDream Innovation, which will incorporate a number…
MOL Buys Reliance Ethane Carrier Fleet
Japanese shipping giant Mitsui OSK Lines (MOL) will buy Reliance Industries (RIL) stakes in Singapore-based Reliance Ethane Holding (REHPL) which has a fleet of…
Inmarsat Expands Maritime Cyber Security Offering
Marine Satcom major Inmarsat has introduced two new components to its maritime cyber security service, Fleet Secure, as it continues to develop solutions that combat…
Shipping Recovery Boosts Hapag-Lloyd's Earnings
Full-year operating profit up by 32 percent.Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018 helped push operating profit 32 percent higher, lifting shares in the German group on Monday.Hapag-Lloyd said preliminary earnings showed operating profit before interest and tax (EBIT) rose 32 percent to 443 million euros ($502.81 million) in 2018…
Oi: Tracking 50 Years of Ocean Innovation
As Oceanology International celebrates its 50th Anniversary, Marine Technology Reporter explores half a century of subsea technology development and discovery. Oceanology International Americas runs February 25-27, 2019 in San Diego.When Oceanology launched in 1969 in the seaside resort of Brighton the world was a very different place. For a start, Brighton was home to the mods and rockers, who would square off against each other on the town’s elegant seafront.
Maritime Challenges: A Time to Act Boldly
Maritime Challenges in the 116th Congress.The 116th Congress, with its now Democrat-controlled House and 110 newly-elected members, faces a choice. On one hand, Congress can continue to pursue the status quo, supporting U.S.-flag vessel operators and domestic port infrastructure development through existing programs, with suboptimal results. On the other, the 116th Congress can choose to be bold. It can recognize that the U.S.-flag fleet…
SCHOTTEL: New Shallow-Water Thruster
SCHOTTEL is presenting the new SCHOTTEL Pump Jet type SPJ 30 – a state-of-the-art shallow-water thruster that is suitable for a wide range of different vessel types, such as passenger vessels, ferries, work vessels and freighters. Available in the power class up to 150 kW, the azimuth thruster is characterized by optimal efficiency and gives the vessel maximum maneuverability. The thrust and propulsion efficiency have been further enhanced…
Commonwealth LNG sees Euro Demand for LA Gas Terminal
Commonwealth LNG has received commitments from European buyers to take almost half of the liquefied natural gas (LNG) from its planned 8.4-million-tonnes-per-year export terminal in Louisiana, Chief Executive Officer Paul Varello said on Wednesday.The Commonwealth project is one of more than 10 LNG export terminals under development or construction in the United States along the coast of the Gulf of…
Keppel Delivers Jack-up Rig to Grupo R
Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine…
Singapore's Submarine Baptized in Kiel
ThyssenKrupp Marine Systems (TKMS) has launched at the Kiel shipyard the the largest ever built in Germany submarine. Named Invincible, the submarine will be part…
Excelerate, Equinor Perform First STS LNG Transfer
The first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) was completed in The Bahamas by Excelerate Energy and Equinor Energy AS.According to Excelerate…
Udenna Backs-out from EMAS Rescue
Philippine's Udenna Corporation has broken off negotiations over a potential investment of $73 million in struggling Singapore-based offshore vessel company Emas…
Opportunities for Boat Building in Eastern Cape
Transnet National Ports Authority’s (TNPA) Port of Ngqura has hosted the testing and launch of the first ever locally manufactured aluminium vessels by PE-based boat builder, Legacy Marine. As the company’s ship yard is based in Perseverance, the low bridges blocked the route to the Port of PE in the past, restricting the building of larger vessels. When the new Port of Ngqura stepped up as an alternative port…
Maritime's Amazing World of Mixed Reality
New holographic technology is set to revolutionize training procedures, fleet management, ship performance and engineering maintenance in the maritime sectorHave you ever wished you could move around your fleet of ships, in full 3-D, without ever moving from your desk? Have you ever wanted to be able to delve into the complex inner workings of one of your vessels and inspect its internal structure while sitting in your office?
IMO Calls For Empower Women in Maritime
On International Women’s day 2019 (8 March), the International Maritime Organization (IMO) has put the spotlight on women in the maritime sector.This year, IMO’s…
Maersk Moves North-East England Coverage to Hull
A.P. Moller - Maersk, an integrated container logistics company, announced that it is moving its North-East England coverage from Immingham to Hull.The existing…
