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Algeria Gives Russian Shipyard Contract to Modernize Warships
Russia’s Severnaya Verf shipyard in St. Petersburg has signed a contract on the overhaul of two warships for the Algerian navy, the company’s press service said on Thursday. The Russian shipbuilder will modernize a Nanuchka II class corvette and a Koni II class frigate, which have been in service with the Algerian navy since the 1980s. “The contract has been signed in the framework of an agreement between [Russian state-run arms exporter] Rosoboronexport and the Algerian Defense Ministry…
New Intermodal Service by Brazil's Maestra Corp
Real Fernando, president of ship and logistics company Maestra, has drawn attention to his company's regionalization of freight operations in Brazil, so that teams…
Consortium Forms North Pacific Green Corridor
Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.The NPGCC will apply its collective expertise to develop a corridor for the decarbonized transportation of multiple commodities, including agricultural products…
China Aims to Build More than Half the World's Cleaner-fuel Ships by 2025
China has set itself the goal of producing more than half of the world's ships powered by cleaner fuels by 2025, in guidelines published by the industry ministry on Thursday.It did not give any estimates of the number of ships involved.
Partners Aim to Reduce Time Ships Spend in Port
A group of industry partners has teamed up in the U.S. to reduce the time ships spend in port. Initial results have seen port time reduce by an average of almost two hours and an increase in the efficiency with which cargo is transferred to customers.Stolt Tankers, Dow Inc., SGS and Vopak IIA Freeport (a joint venture between Vopak and BlackRock) formed the ‘Time alongside optimization project’ to…
HamiltonJet Launches Data-technology Platform Overwatch
New Zealand-based HamiltonJet has unveiled its new fleet monitoring solution, Overwatch, designed to provide shore-side staff with detailed multi-vessel information in real-time, delivering operational efficiencies and increasing levels of safety for crew and passengers.The platform has been four years in the making - two years development, working out how to harness the power of vessel digitization…
Norway's Myklebust Verft to Build World's Largest Hydrogen Ferries
Norwegian shipyard Myklebust Verft has been selected to build a pair of innovative hydrogen-powered passenger ferries ordered by Norwegian transport company Torghatten Nord.The design, produced by The Norwegian Ship Design Company for operations in the challenging waters of the Vestfjordstrekninga fjord in the Arctic Circle, received approval in principle (AIP) in August 2022 from Lloyd's Register…
Taking Inland Waterways To the Mainstream
It takes nonstop work to maintain America’s position in today’s global economy. Every day we compete against strong international rivals for demanding foreign and domestic customers. Thankfully, the American economy has a large-scale, crucial asset that gives us an edge on the rest of the world: over 28,000 miles of inland river and coastal waterways with consistent navigation at suitable depths (9 feet during 9 months of the year) – more any other nation on earth.
All Women Crew Team SCA Win Volvo Ocean Race Leg 8
All-women sailing crew Team SCA have recorded their first victory of the Volvo Ocean Race, clinching the eighth leg in the Bay of Biscay off the coasts of France and Spain.
APM Terminals Calls for Sensor Revolution
The annual Terminal Operators Conference (TOC) in Europe was held June 9-11 in Rotterdam with over 4000 people attending the conference supply chain sessions, Tech TOC, Bulk TOC venues and exhibits.
TransAtlantic Speed Record: Will it Ever be Broken Again?
Will the prestigious TransAtlantic speed and endurance record ever be broken? Should it? Twenty five years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by a ship built in Australia. Incat Tasmania reports that June 23, 2015, marks 25 continuous years that Incat built fast ships have held the record for the fastest Transatlantic Crossing. On 23 June 1990 Hoverspeed Great Britain…
'Corporate Ocean Responsibility'
Recently in its New York City office Maritime Reporter sat with Paul Holthus, CEO of the World Ocean Council, for a discussion of the trend toward corporate ocean responsibility and his organization’s contribution to that end. Can you tell us a bit about your meeting at the United Nations? The U.N. has an annual briefing for governments on ocean issues that has been going for 16 years, but industry hasn’t usually been well represented.
RINA Acquisitions Fuel Growth
International verification, certification and ship classification group RINA continued to grow in 2011 as it embarked on an acquisition strategy. Turnover for 2011 was up to 249 million Euros (+21 per cent) and EBITDA 41 million Euros. Turnover is expected to rise to over 300 million Euros in 2012 following major acquisitions late in 2011. “Two-thousand and eleven was a memorable year for RINA,” said Chairman and CEO Ugo Salerno. “We celebrated our 150th anniversary by transforming the company.
Rutter Wins New Funding for R&D
Rutter Inc. Signs $1.4 Million Funding Contract for Ice Navigation and Detection Radar Research and Development. Canadian-based Rutter Inc. will receive $1.4 million…
USCG RADM Timme (Ret.) Joins OMSA as Senior Advisor
The Offshore Marine Service Association (OMSA) announced that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined OMSA as a Senior Advisor.This appointment underscores OMSA’s longstanding commitment to working collaboratively with the U.S. Coast Guard (USCG) and other regulatory agencies to develop practical, common-sense solutions that enhance the safety and security of the U.S. maritime…
Cyclones Delay Rio Tinto Exports from Australia
Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month."Safety is our priority. As is procedure, we began sending ships from Cape Lambert Port at the weekend and Dampier Port last night, out to sea, to avoid high sea swells and wave conditions created by Tropical Cyclone Taliah and Tropical Cyclone Vince…
Asia's Oil Imports Drop 3%
Asia's crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent's top supplier Russia.Asia's imports for the first two months of the year are on track to be 26.17 million barrels per day (bpd), down 780,000 bpd from the 26.96 million bpd for the same period last year, according to data compiled by LSEG…
Elcome Opens Algeciras Office
Elcome International, provider of maritime systems integration, technical support and shipboard service, announced the opening of another office in Europe. Based in the Spanish port city of Algeciras, the facility will offer sales and technical support for the company’s growing portfolio of ship navigation, communication, satellite connectivity and coastal surveillance systems. Shipboard services will include annual radio surveys and annual testing of Automatic Identification Systems (AIS)…
MOL to Open New Maritime Academy in Philippines
Mitsui O.S.K. Lines announced that the establishment of MOL Magsaysay Maritime Academy in Salitran, Dasmariñas City, the Philippines — a joint project with Magsaysay…
Baltic Exchange Sets Out New Code of Conduct
The Baltic Exchange said it will introduce a new code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets.Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight by the Baltic Exchange Council and the Baltic Membership Council, the New Baltic Code has been drafted to bring together a set…
