Maritime Industry Top News
Epic Gas Refinances Two LPG Tankers
Singapore-based gas carrier owner and operator Epic Gas has completed the refinancing of two 2010-built liquefied petroleum gas (LPG) tankers.The two ships ā theā¦
NYSE Begins to Delist Seadrill Partners
The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill'sā¦
Bumi Armada Sells FPSO for $40 Mln
Malaysian oilfield services company Bumi Armada Bhd has found a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerianā¦
Vasiliy Golovnin to Supply India's Antarctica Station
Russia's Far East Shipping Company (FESCO) and the National Center for Polar and Ocean Research (NCPOR) of the Ministry of Earth Sciences of India have extendedā¦
Expansion for Far East and Trans-Siberian Railway
FESCO Transportation Group, the largest intermodal transport operator in Russia, and Polish rail operator PCC Intermodal S.A. agreed on developing services of expedited cargo delivery from Japanā¦
Exmar Expects Two VLGCs Delivery in 2021
Belgium-based floating assets specialist Exmar said that it has two newbuild 88,000 m³ Very Large Gas Carriers (VLGC) on order at Jiangnan Shipyard (China) whichā¦
Video: RoRo Vessel Overturns Off US East Coast
Four crew members are missing from a roll-on/roll-off cargo vessel that is disabled, overturned and has caught fire near Brunswick, Georgia, the U.S. Coast Guard said on Sunday.Twenty people have been safely removed from the ship, and the Coast Guard said it is working with local partners to locate the four crew still missing from the 656-foot vehicle carrier, MV Golden Ray, which began listing heavily and capsized with 23 crew and one pilot on board in St.
Iran Seizes Vessel, Holds 12 Filipino crew
Iran's coast guard seized a vessel for allegedly smuggling fuel in the Gulf and detained its 12 crew members from the Philippines, the semi-official news agency ISNA reported.The vessel was carrying n
Castor Maritime Buys Korean Built Panamax
Castor Maritime, a global shipping company specializing in the ownership of dry-bulk vessels, announced that through one of its wholly-owned subsidiaries, took delivery of the M/V Magic Sunā¦
SFL Acquires Three VLCC Newbuildings
The international ship owning and chartering company Ship Finance International (SFL) announced that it has agreed to acquire three 300,000 dwt crude oil carriersā¦
HHI to Deliver New LNG Carrier to TEN in 2021
Greek tanker company TEN announced that it is proceeding with the order of one-option-one 174,000cbm liquefied natural gas (LNG) carrier from Hyundai Heavy Industriesā¦
Denmark Mulls Hormuz Naval Mission with EU Allies
Denmark's prime minister said on Friday that the Nordic NATO member is in talks with a number of European allies about an international naval mission in the Strait of Hormuz."We are looking into the p
Baltic Index Dips as Broad Demand Weakens
The Baltic Exchange's main sea freight index continued to fall on Friday, having broken a 10-day winning streak on Thursday, as rates throughout vessel segments eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 37 points, or 1.5%, to 2,462 points. The index on Wednesday hit its highest since Nov. 2010 at 2,518 points. It has nearly doubled this year.The capesize index dropped 87 pointsā¦
German NGO Calls on Malta to Take in Migrants
A German non-governmental organisation filed on Friday a court request in Malta calling on the government there to accept 13 Tunisian migrants who it said had been saved from a sinking boat in Malta's search and rescue zone.The NGO Sea Eye, which operates the rescue ship Alan Kurdi, called on Maltese Prime Minister Joseph Muscat to respect international law and order the immediate disembarkation ofā¦
2Q Red Ink for CMA CGM Again
CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy.The French-based group said on Friday that it expected a better second half of the year, supported by previously announced plans to reduce costs and reorganise its shipping services.CMA CGM said it made a second-quarter net loss of $109 millionā¦
Shared CTV Monitoring Drives Efficiencies for Wind Farm Ops
Shared monitoring systems that provide comprehensive insight into CTV capabilities and limitations will support safety, planning & cost reduction for offshore wind owners. Offshore wind project owners are missing out on significant cost savings, optimised ātime on turbineā, and opportunities to increase the sustainability of their operations by not using crew transfer vessel (CTV) performance monitoring systems that have been created in tandem with vessel operators.That isā¦
Metal Shark Expands Into Peru
USA-based shipbuilder Metal Shark has announced its expansion into the country of Peru, with a new patrol boat order now in production, and a multiyear co-production agreement recently established with the state-operated Peruvian shipyard Servicios Industriales de la Marina (SIMA-PERU SA).The first round of Peruvian Navy maritime interdiction vessels are now being built by Metal Shark in the United States.
BMT Wins Multiple Nav Simulator Orders
BMT, a leading, multidisciplinary management consultancy, has reported phenomenal growth in sales of its maritime simulator and has just signed multiple key contracts with select cruise lines including Holland America Line, Princess Cruises, Seabourn in North America and P&O Cruises Australia. The orders for both office and ship-based licences of BMTās REMBRANDT maritime simulator will support cruiseā¦
MN100: ABB
At the very cutting edge of clean, modern and ultra-efficient propulsion and automation solutions, ABB takes its rightful place amongst MarineNews' prestigious 2019 MN100 winners.The Case:ABB believes that modern ships will be built on the foundation of electricity. This expands their range of viable energy sources beyond traditional fuel to for instance batteries and fuel cells. The electrical backboneā¦
Wärtsilä Thrusters on Sea Trials for Large SSCV
Performance of the propulsion solutions supplied by the technology group Wärtsilä exceeded the design specification and contributed to the success of the sea trials for the worldās largest semi-submersible crane vessel (SSCV). The āSleipnirā was built at Sembcorp Marineās Tuas Boulevard Yard in Singapore for the Dutch offshore contractor Heerema Offshore Services (HOS). It was delivered from the yard in July.The huge vessel is designed for heavy lifting operations and is fitted with two cranesā¦
