Maritime Industry Top News
Rotterdam Port Joins Noah's Train
The Port of Rotterdam Authority has announced that it has participated in ‘Noah’s Train’ as part of the Rail Freight Forward (RFF) initiative, a collaborative effort…
INSIGHTS: Michael G. Johnson
Sea Machines Robotics CEO & President.Michael Gordon Johnson is a marine engineer, an accomplished entrepreneur and sector leader with a primary goal of building progressive and sustainable innovation for modern society. He is the founder of Sea Machines, a Boston-based tech company that is a leading provider of autonomous control and intelligent perception systems for marine vessels. Johnson earned…
Iran Urges Diplomacy, but Decries Tanker Incident
Iran on Monday urged regional powers to use diplomacy to reduce tensions including Yemen's war, but cautioned that an Iranian tanker damaged in the Red Sea last…
HII Employees Honored at SASE
Huntington Ingalls Industries announced that employees from its Newport News Shipbuilding and Ingalls Shipbuilding divisions received awards during the 2019 Society of Asian Scientists and Engineers (SASE) National Conference and STEM Career Fair. The conference, the largest for Asian Americans in the United States, was held Oct. 10-12 at the David L. Lawrence Convention Center in Pittsburgh.Marie Lawson…
The Carlyle Group, Stellex Capital Complete Acquisition of Vigor, MHI
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announced they have appointed Jim Marcotuli as CEO of the newly created company comprising Vigor and MHI, effective today.Marcotuli brings more than 30 years of leadership experience in the defense and manufacturing industries.
AIDA Cruises to Pilot Trial of Fuel Cell System
Carnival Corporation announced its Germany-based brand, AIDA Cruises, has partnered with leaders from the maritime and engineering sectors to pilot the world’s first fuel cell system designed to power large passenger vessels. As early as 2021, AIDA Cruises will trial this innovative fuel technology on AIDAnova, becoming the cruise industry’s first brand to trial fuel cells on a large cruise ship.The research project…
Danish Suppliers Facilitate Sustainable Transport
The global shipping industry is facing requirements for substantial reductions in emissions and for creating a more sustainable transport in order to meet UN’s Sustainable Development Goals. At Kormarine 2019, 15 Danish suppliers of marine technology and services will be exhibiting their solutions that can help shipowners accelerate the move towards sustainability. According to Mark Lerche, Head of Marine…
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.
Wärtsilä and Norsepower Sign Agreement
The technology group Wärtsilä and Norsepower, a provider of low maintenance, software operated, data verified auxiliary wind propulsion systems, have signed a service cooperation agreement. This will enable Norsepower to order service work from Wärtsilä, while Wärtsilä can pursue and sell Norsepower Rotor Sail projects with support from Norsepower. The agreement was signed in Q3 2019.With the growth of Norsepower’s manufacturing capacity and the anticipated increasing demand for its Rotor Sails…
Wrangling Big Data Into Actionable Intel
Social media, cameras, sensors and more generate huge amounts of data that can overwhelm analysts sifting through it all for meaningful, actionable information to provide decision-makers such as political leaders and field commanders responding to security threats.Sandia National Laboratories researchers are working to lessen that burden by developing the science to gather insights from data in nearly…
ABS Brings Together Taiwan's Industry Leaders
Taiwan’s maritime industry leaders met to debate decarbonization, digital technologies and the future of safety at the annual ABS Taiwan National Committee meeting.“As the leading class organization in Taiwan, ABS is able to call on the expertise of leaders to inform our approach to meeting industry challenges such as meeting IMO 2030 and 2050 objectives while ensuring safety standards are not compromised and keep pace with technological challenges,” said Christopher J.
Cargo Ship Found Sunk near Tokyo after Typhoon
A Panama-registered cargo ship was found sunk in waters near Tokyo on Sunday after authorities lost track of it as Typhoon Hagibis lashed Japan, the transport ministry said…
UK to Account for 35% Offshore Wind in Europe
The UK will account for 35% of the growth in offshore wind over the next five years, followed by the Netherlands and Germany, said , according to WindEurope’s new…
Diana Shipping Inks TC with Al Ghurair
Greek dry bulk owner Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Al Ghurair Resources International L.L.C.…
Solvberg Appointed NPD Director General
The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD…
Fincantieri Cuts Steel on New Cunard Ship
Italian shipbuilder Fincantieri has cut the first steel for British–American cruise line Cunard’s newest ship to start construction on the 249th ship of the luxury cruise line…
German Ports Aim Cleaner Air
Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier and coastal states agree package of measures for shore-generated power.Instead of burning…
SHI Wins Two LNGCs Orders from MISC
South Korean shipbuilder Samsung Heavy Industries (SHI) announced that it had secured orders for two 174,000-cbm LNG carriers from MISC Berhad (MISC), a global provider…
Teekay Extends Hummingbird Spirit FPSO
Teekay Corporation, a provider of crude oil and gas marine transportation services, has entered into an agreement with the Chestnut Joint Venture to extend the employment…
Baltic Index Slips on Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Friday, weighed down by lower capesize vessel rates, while the main index posted its first weekly rise in five.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 5 points, or 0.26%, to 1,924.The capesize index dropped 29 points, or 0.87%, to 3,290, while the index recorded its first gain in five weeks.