Maritime Industry Top News
Helsinki Shipyard Acquisition Wrapping Up
The acquisition of the current Arctech Helsinki Shipyard in Finland will be finalized in May, the involved parties say, having agreed to transaction terms on May 9.In preparation for the closing, current owner Arctech Helsinki Shipyard Oy (AHS) said it has established a new company, Helsinki Shipyard Oy, which will receive the transferred assets and operations from AHS and continue shipbuilding at the shipyard.
OP/ED: Is Short Sea shipping on the horizon along the Atlantic Intracoastal Waterway?
Are paradigms shifting on the increased role of inland waterways with respect to short sea shipping and the Nation’s marine transportation system? Investigation and implementation of new commerce shipping avenues are becoming more common along the Eastern seaboard of the United States with each new announcement of a Port Authority supporting the development of shipping routes for container on barge services.In the past few weeks…
Oil Spill at Statfjord
An unspecified amount of oil was observed on the sea surface early Wednesday morning in connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, Equinor announced.The loading operations were stopped when this was discovered, and the loading systems were shut down, the Norwegian energy company said.Efforts to map the extent of the oil observed on the sea surface are underway…
DSME Wins LNG carrier Order
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received an order liquefied natural gas (LNG) carrier.The vessel capable of transporting 174…
Hurtigruten Intros Electric Catamaran
Norwegian expedition cruise operator Hurtigruten has partnered with the Norwegian startup Brim Explorer, introducing battery powered catamarans custom built for…
Cameron LNG Begins Production
The Cameron LNG project has achieved first liquefied natural gas (LNG) production from train 1. The project will begin exports in the coming weeks.The project is…
Schulte Launches VC Fund for Maritime
Germany’s Schulte Group has launched a venture capital unit - INNOPORT - to identify investment opportunities in the global maritime start-up eco-system.The INNOPORT team…
Bristow Files for Chapter 11 Bankruptcy
Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its…
Damen Opens Helsinki Facility
Damen Shipyard Group has opened its first-ever office in Helsinki, Finland as part of its new venture into building large vessels for the ro-pax, cruise and offshore…
Cosco Eyes PIL Takeover
After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co.
Global Energy Investment Totals $1.8trln in 2018
Global energy investment totalled more than USD 1.8 trillion in 2018, a level similar to 2017, said the International Energy Agency (IEA).The investment stabilised in 2018…
World Suezmax Fleet Counts 514 Vessels
The world Suezmax fleet (excl. shuttle, product & Jones Act tankers) counts 514 vessels at the end of 1Q2019, said Nordic American Tankers (NAT).The total delivery during 2018 was 28 vessels…
Damen Delivers MAD3500
Screening installation Marine Aggregate Dredger (MAD) 3500 has been fully assembled at the Damen Dredging yard.Last week the completion of the assembly of the screening…
ZIM Joins DCSA
Israel cargo shipping company Zim Integrated Shipping Services (ZIM) announced that it has joined the Digital Shipping Association (DCSA) dedicated to digitization…
Trump: US-China Trade Talks Haven't Collapsed
U.S. President Donald Trump on Tuesday said trade talks with China had not collapsed, characterizing the trade war between the world's two largest economies as "a little squabble."He made the remarks to reporters at the White House as Beijing and Washington ratchet up tensions with tit-for-tat tariffs on billions of dollars of imports.Trump indicated negotiators from the two countries were still talking, saying they were having a good dialogue.
Houston Ship Channel Bottleneck Finally Eases
A bottleneck of inbound traffic on the Houston Ship Channel eased on Tuesday though one-way travel restrictions remained following a weekend collision between a deep-draft ship and a barge, officials said on Tuesday.About 9,000 barrels of gasoline spilled into the channel near Bayport, Texas, when a 755-foot (230-meter) tanker collided over the weekend with a Kirby Inland Marine tugboat towing two…
Interview: Edmonds Brown, Cummins, Inc.
The May 2019 edition of Maritime Reporter & Engineering News features a eight-page feature section on "Thought Leadership" in the marine power sector. Here we extract and present the interview with Edmonds Brown, Cummins, Inc., Commercial Marine Segment Leader.Please put in perspective and discuss the current environment and pressure to reduce emissions in the maritime industry.When I started in the marine industry…
Risk Management on the Inland Waterways Evolves
The subchapter M towboat rules, safety management systems, and an emerging culture shift on the inland waterways brings with it a fresh look at how to manage risk.
MAN Releases First IMO Tier III Workboat Engine
551 to 1,213 kW engine power range now available; low-cost, SCR-only solution; technology in standard production at MAN since 2006.MAN Engines – a business unit of MAN Truck & Bus – is now offering 12-cylinder, IMO Tier III emission standards engines for workboats, spanning a comprehensive power range from 551 to 1,213 kW. The engines are im-mediately available. This is particularly relevant to customers in Canada and the USA’s East and West Coast Emission Control Areas (ECAs)…
Sea Machines, Hike Metal to Collaborate on SAR Autonomy
Boston-based Sea Machines Robotics announced today a new partnership with Hike Metal, a world-class manufacturer of workboats based in Ontario, Canada, to integrate Sea Machines’ SM300 autonomous vessel control system aboard commercial vessels tasked with search-and-rescue (SAR) missions.The collaboration will help develop and demonstrate the capabilities of autonomous marine technology for the purposes of increasing the productivity and safety of SAR operations.
