Maritime Industry Top News
New Jersey to Create WIND Institute
New Jersey's Governor Phil Murphy has signed an executive order to establish a Council for the Wind Innovation and New Development (WIND) Institute.The institute…
SHI to Build 10-LNG-fuelled Tankers
South Korean shipbuilder Samsung Heavy Industries (SHI) is to build 10 LNG-powered crude tanker vessels.The order was placed by an unnamed "Oceanian" customer. The…
World's Largest Boxhip's Asia-Europe Maiden Voyage
Swiss-based global container shipping company MSC Mediterranean Shipping Company announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe…
Wellard Delays Livestock Carrier Repayment
Australian meat and livestock distributor Wellard said that it has extended ship finance repayment schedules for two of its vessels, the 12,665 GT Ocean Ute and the 33…
Scottish Govt Takes Over Ferguson Shipyard
Ferguson Marine Shipyard in Port Glasgow, Scotland, is now set to enter public ownership.The Scottish Government has announced that it has reached an agreement with…
INS Tarkash Makes Port Call at Cadiz
Indian Naval Ship Tarkash made a port call at Cadiz, Spain for a three days visit in continuation of the Indian Navy’s overseas deployment to Africa, Europe and…
PGA Plans Central Port
The Port of Gdansk Authority (PGA) has signed an agreement with a consulting company, which will support the construction of the port basing on a public-private…
SCCT Announces Reefer Repair Hub
The Suez Canal Container Terminal (SCCT), strategically located at the mouth of the Suez Canal in Egypt, has announced its intention to open its reefer container…
Baltic Index Snaps 7-day Win Streak as Capesize Drags
The Baltic Exchange's main sea freight index fell on Monday, breaking a seven-day winning streak as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 21 points, or 1%, to 2,067 points.The capesize index fell 98 points, or 2.6%, to 3,728 points. Average daily earnings for capesizes, which typically transport 170,000 tonne-180,000 tonne cargoes such as iron ore and coal…
Seabulk Completes First Methanol Shipment
Seabulk Tankers, a subsidiary of SEACOR Holdings, has announced the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug…
Completion of the EU Research Project SHIPLYS
SHIPLYS (Ship life cycle software solutions) is a three-year project that started in September 2016. The project is in response to needs of SME naval architects, shipbuilders and ship-owners, who, in order to survive in the world market, need to improve their capability to reduce the time and costs of design and production. SHIPLYS provides these improvements by developing functionality that includes rapid virtual prototyping and the ability to factor in LCCA (Life Cycle Cost Analysis)…
Hurtigruten Trio Due for Hybrid Power Upgrades
Three vessels lined up for large-scale makeovers will be transformed to hybrid powered expedition cruise ships, owner and operator Hurtigruten announced.Equipped with battery packs and other green technology, the three ships will operate year-round expedition cruises along the Norwegian coast from 2021 on yet to be disclosed itineraries.This means Hurtigruten – which this summer introduced hybrid powered cruise ship…
Jumbo's Fairplayer to Test Biofuel Oil
Heavy lift shipping and offshore transportation and installation contractor Jumbo said it has partnered with marine biofuel company GoodFuels in a joint venture initiative to test marine biofuel oil on board a DP2 heavy lift crane vessel during an offshore decommissioning project.The initial project project will see sustainable ‘drop-in’ Bio-Fuel Oil delivered to Jumbo’s offshore vessel Fairplayer ahead of her departure to the North Sea…
Migrant Boat Unable to Dock in Spain due On Board Situation
A charity that operates a rescue ship carrying more than a hundred migrants off the coast of Italy on Sunday said that it could not accept an offer from Spain to dock in Algeciras…
Iran Tanker Released, Sets Sail for Greece
An Iranian tanker sailed through the Mediterranean towards Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S.
Linklaters Advises GIG on Iberdrola's EA1
London-based multinational law firm Linklaters has advised Green Investment Group (GIG) on the acquisition of a 40% stake in Iberdrola’s Scottish Power Renewables’…
Jiangsu Zhenjiang Delivers Cao Gang 27
Jiangsu Zhenjiang Shipyard (Group) Co. Ltd. of China has delivered Cao Gang 27 to Caofeidian Tugging Services Co., Ltd, Tangshan Port.The vessel designed by Robert…
PSA Marine Takes Delivery of Dual Fuel Tug
Singapore container terminal PSA Marine has taken delivery of a dual fuel ship-handling tug from local builder PaxOcean Shipyard.Named PSA Aspen, the Robert Allan…
Virginia Pilots Order Ninth Launch
The Virginia Pilot Association has ordered a Chesapeake-class launch from Gladding-Hearn Shipbuilding, its ninth pilot boat built by the Somerset, Mass., shipyard…
JNPT Builds New Liquid Cargo Jetty
Indian Minister of State for Shipping, Mansukh Mandaviya laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust…