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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…
Incat Crowther Launches 45m Cat for AZAM
Incat Crowther has announced the launch of Kilimanjaro VII, a 45m catamaran passenger ferry for AzamMarine of Tanzania, Africa. This vessel is the tenth vessel designed by Incat Crowther for the operator, and theseventh vessel built for the operator by Richardson Devine Marine.The 500-passenger, 35 knot vessel features the operator’s trademark parallel boarding system, whereby fiveramps per side load passenger and cargo in segregated flows.
MISC Secures ExxonMobil LNG Tanker Contract
MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers.Each of the LNG carriers will respectively serve the transportation needs of ExxonMobil’s worldwide LNG portfolio on a 15-year charter contract.Prior to this…
Yamal LNG Increases Asia-Pacific Shipments Via NSR
Russia’s largest independent natural gas producer Novatek said that its operated Yamal LNG project has shipped 15 cargoes of liquefied natural gas (LNG) to Asia…
HMD Delivers Newbuild Pair to OSG
Florida-based tanker shipping company Overseas Shipholding Group (OSG) has taken delivery of two 50,000 dwt class product and chemical tankers at Hyundai Mipo Dockyard in Ulsan…
Japanese Backers for Novatek's LNG Complexes
Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan's shipper Mitsui O.S.K. Lines (MOL) and Japan Bank…
Fluxys Sign LNG Contract with Qatar
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal.Under the agreement…
Aarhus Terminals Forecasts Record Volumes
The international container terminal operating company headquartered in The Hague, APM Terminals said that its terminal at Aarhus, Denmark has broken records for reefer volumes…
Hunter Tankers Takes Delivery of ECO VLCC
Hunter Tankers, a wholly owned subsidiary of the Norwegian investment company Hunter Group, has taken delivery of its first of seven identical ECO design VLCC newbuildings…
Sovcomflot Elects New Chairman and New CEO
On September 24, 2019, the Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the company's new Chief Executive Officer. Both appointments are with immediate effect.The meeting was attended by Maxim Akimov, Deputy Prime Minister of Russia, who noted in his address: "Through consistent implementation of Sovcomflot's Strategies 2005-2011 and 2012-2018…
Petrobangla Gets 1st Q-Flex LNG cargo from Qatargas
Qatargas made its first liquefied natural gas (LNG) cargo delivery (LNG) on a Q-Flex vessel to the Floating Storage and Regasification Unit (FSRU) named ‘Excellence’…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The…
BIMCO Pessimistic on Dry Bulk Market
BIMCO expects the fundamental market balance in the dry bulk shipping to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulfur cap…
MacGregor Secures $22 mln in Contracts
MacGregor, part of Cargotec, has secured orders to provide MacGregor products to a Naval project in Europe and TTS products to a RoRo project in Asia. The total…
Aramco Rapidly Restores Production Capacity
Saudi Arabia's oil and gas giant Saudi Aramco announced that it will fully restore its production capacity by the end of September, in light of the Saturday's drone…
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
