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Asian LNG Glut Deepens as Demand Falters
Demand in Japan, South Korea and China stalls; demand from new importers not enough to meet soaring supplies. Asia's liquefied natural gas (LNG) glut is set to deepen…
Ship Managers Cooperate To Set Key Performance Indicators
Self-Regulation of the global ship management sector has taken a step nearer reality following the announcement that a method has been developed to set an industry…
Kursiu Linija invests in Europe
demand for short sea transportation linking Eastern and Western Europe. Felixstowe, Rotterdam and Hamburg. office in Riga in August. Kursiu Linija. now require us…
Second Japanese Shipping Firm Admits to Cartel Conduct
Cartel conduct in cars transported to Australia from 2009-12-ACCC; Nippon Yusen was fined $20 mln in 2017 over cartel conduct. Kawasaki Kisen Kaisha (K-Line) has…
IMO to focus on Passenger Ship Safety Level
Which safety level should be established for small passenger ships and what is it technically possible to acquire? These are some of the items on next week's IMO agenda.
GE Launches GE Marine Organization
GE unveiled today its new GE Marine organization which cumulates several GE businesses and will be led by Tim Schweikert, vice president, GE Marine. The new organization brings together GE’s commercial and technological expertise in the marine sector from gas turbines and diesel engines to motors and generators, variable speed drives and drilling systems to automation and control systems and all the electrical equipment in between.
ABB Wins $110M Order, Platform Power Link
ABB, the leading power and automation technology group, has won an order worth $110m from Eni Norway AS, to build a power link between a new oil and gas platform…
Beijing's bid to move polluting firms adds pressure on nearby regions
China's capital has ordered more than 50 companies to shut down this year in an effort to cut pollution but pushing factories out could raise objections in surrounding…
Coast Guard tactical air squadron holds change of command ceremony
Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.
Navy Ship Certified for “Paperless” Nav
The Aegis guided-missile cruiser USS Cape St. George (CG 71) is equipped with the first Electronic Chart Display and Information System – Navy (ECDIS-N) approved for use by Navy surface ships.
BIMCO: Shorter sailing distances limit upside of two-year high Chinese coal imports
Australia and Indonesia, being the main exporters of coal to China, are growing their market share at the expense of longer haul exporters like the US and South Africa.
FORAN Expands User Base in Korea
These are difficult times for the shipbuilding industry, in particular that of Korea, which faces its worst-ever order drought. Big, medium-sized and small shipbuilders are undergoing deep restructuring as a consequence of the workload downturn. However, despite the crisis Korea is still the global leader in newbuilding deliveries, and its shipyards continue to demand, and now more than ever appreciate, improvements in all areas of management, design and production.
Temasek to Sell Entire NOL Stake for $1.61 Billion
Singapore sovereign wealth fund Temasek Holdings has agreed to sell its entire 67 percent stake in Neptune Orient Lines (NOL) to France’s CMA CGM, the world’s third-largest container shipper.
High-Strength Prop to Power New Ship Through Arctic Ice
Rolls-Royce won a contract to supply a high-strength controllable pitch propeller for a new ice-breaking cargo ship which will transport nickel and copper concentrates from Canada, through the Arctic ice, to customers in Europe. Canada’s Fednav Limited, one of the world’s largest operators of high ice-class vessels, has agreed a long term transportation contract with Canadian Royalties Inc. for the shipping of concentrates from the Nunavik Nickel mine in northern Quebec.
Trelleborg is Raising the Bar
Trelleborg held its Capital Markets Day on Thursday, 6 December in Berns Salonger, Stockholm, Sweden. At the event, Trelleborg took the opportunity to release new…
Korean Ferry Captain's Detention Could Extend As Death Toll Mounts
South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10 days…
South Korea's Park: Ferry Crew Conduct Tantamount to Murder
South Korean President Park Geun-hye said on Monday the actions of some crew of a ferry that sank with hundreds feared dead were tantamount to murder, as a four…
VT Halter Opens New Paint Facility
VT Halter Marine Inc. has unveiled its new state-of-the-art blast and paint facility that will allow ship sections to be prepared, blasted and painted in a controlled environment. The ceremony included a keynote speech given by Senator Roger Wicker, U.S. Senator for the state of Mississippi.“The installation of this new blast and paint facility is to incorporate cutting-edge technologies in our marine construction programs.
The CEO “Six Pack”
For the third year running MarineNews was able to tap the minds of six prominent industry leaders in an attempt to deliver exclusive insights as to the direction…
Japan, Norway Discuss Quality Shipping
The Japanese Shipowners' Association (JSA) and the Norwegian Shipowners' Association (NSA) organised a bilateral high-level maritime round table conference in Tokyo on 20 May 2005.
