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Semtech, Wilhelmsen, TTI Team-up for Maritime IoT
Semtech, Wilhelmsen and The Things Industries (TTI) have formed a partnership to use Semtech’s LoRa devices to help deliver what they describe as cost-effective…
MacGregor Wins Orders from Europe
MacGregor, the provider of maritime cargo and load handling services, has secured orders to provide MacGregor equipment to a European port development project and…
Rolls-Royce Inks Tug Deal with Svitzer
Rolls-Royce has signed a 10-year service agreement with the global towage and marine services operator Svitzer covering spare parts deliveries in six countries…
BIMCO: Tanker Shipping and Macroeconomics Outlook
World growth and trade volumes under pressure, but still positive. A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of this year and through 2020.Expectations for global trade growth have also been lowered for 2020; this is now forecast at 2.7%, down from 3%. The WTO cautions that risks to these forecasts are weighted to the downside…
Seaway Closing to Cost $250Mln per Week
Closing the St. Lawrence Seaway in December to accommodate higher water outflow at the Moses-Saunders dam would cost the Canadian and U.S. economies $250 million/per…
Chantiers de l'Atlantique Extends Nexans Gig
French player in the cable and optical fiber industry Nexans S.A. said that it has secured a 5-year contract extension with the compatriot shipbuilding giant Chantiers…
Shell Marine Bags COSCO Lubes Contract
Shell Marine has secured a contract to supply lubricants for five 62,000 dwt multipurpose pulp carriers that will be delivered to COSCO Shipping Specialized Carriers…
New GM for Havyard Ship Technology
Lasse Stokkeland has decided to leave his position as general manager of Havyard Ship Technology AS (HST), and the Board has appointed Erlend Hatleberg as the new general manager.Hatleberg…
Marlink Connects OFW Ships
France's OFW Ships chose Marlink to provide a multi-band connectivity solution, combining high-throughput global VSAT with an L-band back-up for connectivity redundancy.OFW stands for ‘Ocean Fresh Water’, reflecting the company’s simple but profound purpose: to sustainably convert saltwater into drinks. To do this, OFW Ships vessel is equipped with a seawater selected filtration system and bottling plant will be able to produce 2…
LNG Imports Jump in Poland
Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has reported a jump in liquefied natural gas (LNG) imports for the first…
Product Tanker Freight Rates Rebounds
Product tanker freight rates softened in the third quarter of 2019 but rebounded strongly at the start of the fourth quarter following an increase in crude tanker…
IOC Sells IMO2020-Compliant Marine Fuel in India
State-owned Indian Oil Corp (IOC) said it has commenced delivery of Low Sulfur Furnace Oil (LSFO) for ships that is compliant with International Maritime Organisation's…
Sembcorp to Build Whale FPU
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision (FID) for the full Whale project, expected to be made next year by Shell. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU…
Fincantieri Signs Contract with Chantiers de l’Atlantique
Fincantieri has been awarded an order from Chantiers de l’Atlantique (CdA) for the construction of the forward sections of four vessels based on the Italian “Vulcano” design.The forward sections will be built in Castellammare di Stabia (Naples), as for the “Vulcano” vessel, with deliveries to Chantiers de l’Atlantique scheduled between 2021 and 2027.The contract is part of the FLOTLOG (Flotte logistique) program…
ABB Develops Autonomous Vessels in Singapore
Swiss-Swedish multinational corporation ABB has won a contract from ST Engineering Land Systems Ltd. to deliver and commission integrated smart charging points for…
Semco Inks Agreement with the Armed Forces
Semco Maritime AS (Norway) has signed a framework agreement with the Armed Forces.Semco Maritime AS has entered into a framework agreement with the Norwegian Defense Logistics Organization (FLO)The agreement covers the navy / coastguard vessels at Haakonsvern base and all assignments under this agreement will be handled from Semco Maritime’s shipyard at Hanøytangen.The agreement, which has a duration of four years…
GTT LNG Carrier Orders at Record Highs
Gaztransport & Technigaz (GTT), a company specialised in the design of membrane containment systems for maritime transportation and storage of liquefied gas, said…
Tanker Deliveries Up 37%: BIMCO
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before…
Grandweld Shipyards Completes 35 Years
Grandweld, a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry, has celebrated its 35th anniversary…
Petronas Completes 3rd LNG Break Bulking STS Transfer
Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has completed its second liquefied natural gas (LNG) cargo through its break bulking…
US Secures Aid Pier on Gaza Beach. Aid Delivery Encounters Challenges Ahead.
Desperate Crowds Halt UN Aid Deliveries in Gaza as Humanitarian Crisis Deepens
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Anschuetz USA: Supporting the U.S. Maritime Industry
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Navigating trade uncertainty: How ports adapt to shifting tariff policies