Maritime Industry Top News
Danfoss Hybrid Electric Ferry Operational
Danfoss Editron, a company specializes in hybrid and electric powertrain systems for off-highway and marine markets, said that it has provided the hybrid electric…
Cameron LNG Project in Final Stage
McDermott International, provider of technology, engineering and construction solutions to the energy industry, and its joint venture partner, Chiyoda International Corporation…
Hyundai Wins New Order for LNG Vessel
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won an order for a 174,000 cbm liquefied natural gas (LNG) carrier.With the latest contract with a Greek shipowner…
Hyundai Heavy Sells Oil Stake to Saudi Aramco
South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco.According to a press release…
MOL, Mitsui Join in Modec FPSO Project
Mitsui O.S.K. Lines and Mitsui & Co have participated in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage…
Diana Shipping Sells Dry Bulker Erato
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2004…
ITC Faces Added Costs for March Fire & Spill
The costs of a massive fire and chemical spill at a Houston petrochemical facility have begun trickling out, with a local official on Monday estimating emergency response costs at $800,000 for the first two weeks of the disaster alone.A blaze at Mitsui & Co Ltd's Intercontinental Terminals Co (ITC) petrochemical facility in Deer Park, Texas, last month released cancer-causing chemicals into the air and waterway that connects Houston to the Gulf of Mexico…
Towing Vessel Sinks in Louisiana
A sunken towing vessel has reportedly discharged oil and is blocking the channel in Pass a Loutre near Venice, La., the U.S. Coast Guard said on Monday.The Coast…
DESMI Launches KaziCat Workboat
DESMI KaziCat is a true Multi-Purpose Catamaran Vessel despite its compact size; just below 24 meters at waterline and 9.6 meters in width. Meaning it fulfills the MCA category 2 requirements allowing operation up to 60 nautical miles from safe haven.What is unique for this vessel is its modular design concept allowing shift of operation mode within the hour. The KaziCat can carry up to 4 x 20’ ISO…
DCM Completes Rudder, Steering Work for Icebreaker
In an important milestone in the build of the Antarctic Supply Research Vessel (ASRV) Nuyina for the Australian government’s Antarctic Division, Damen Marine Components (DMC) has completed the supply and installation of a number of critical systems. These had to be fabricated to exceptionally high standards to cope with the ice that the vessel will encounter in the Southern Ocean. DMC, under its Van der Velden Marine Systems brand…
CCG Provides Icebreaker Nod for Seathigor
Thordon Bearings has received a Canadian Coast Guard contract to supply six award-winning SeaThigor shaft seals for retrofit installation to three purpose-built icebreakers.The 5,910grt CCGS Pierre Radisson, named after the 17th-century French fur trader and explorer, along with sisterships CCGS Amundsen and CCGS Des Groseilliers, will each be retrofitted with two SeaThigor forward seals during scheduled drydockings over the next year.The order…
FUELTRAX Confirms Compatibility with Opsealog
Opsealog partnership with FUELTRAX confirms real-time data availability for mutual clients.FUELTRAX, the industry pioneer and vanguard for electronic fuel monitoring systems (EFMS), formalizes compatibility with data integration service provider, Opsealog.FUELTRAX is a smart, self-contained, marine fuel management solution, which protects assets and ensures security of fuel, compliance, and optimized vessel performance.
Drewry: After the sugar rush
Following the tariff-induced cargo rush of late-2018, container shipments from Asia to West Coast North America dived in Q1, denting carriers’ hopes of securing higher annual contracts.Things can change very quickly in the Transpacific container market. In our previous analysis of the Asia-West Coast North America trade at the end of last year, the market was booming with eastbound spot freight rates at a six-year peak.
BMA Appoints Hutchinson as MD, CEO
The Bahamas Maritime Authority (BMA) announces the appointment of Captain Dwain E. Hutchinson as its Managing Director and Chief Executive Officer. Captain Hutchinson succeeds Commodore Davy F. Rolle, who stepped down as Director last year.Captain Hutchinson is a proud Bahamian from Nassau, New Providence island, where he completed his tertiary education before commencing his maritime studies in Scotland at Glasgow College of Nautical Studies.
MN100: The Best 100 firms in the Brown Water Sector
Is your company a Top 100 performer? The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business.
WASHINGTON WATCH: A Tale of Two Fleets
Mixed Government Support for U.S. Shipbuilding.It has been a busy start to the 116th Congress for the U.S. shipbuilding industry, with three congressional hearings in early March focused on the industry’s role as a critical component of the U.S. national security industrial base. In addition, the Consolidated Appropriations Act, 2019, which was signed into law on February 15, contained mixed news for shipbuilding programs.
1000 Km of the Nord Stream 2 Pipeline Laid
1000 km of the Nord Stream 2 pipeline has now been laid in the Baltic Sea in Finnish, Swedish and German waters.Two Allseas pipelay vessels - Pioneering Spirit and…
CdM Sells Newbuild DEEP BLUE 43
The Italian luxury yacht builder Cantiere delle Marche (CdM) announced the sale of DEEP BLUE 43 a new, fully custom 43-metre explorer yacht designed by Horacio Bozzo…
Quark Expeditions Turns 30
Quark Expeditions, Polar Region expeditions company, is celebrating its milestone 30th year with the launch of its new Antarctic 2020.21 season.The company specializing…
CSC Clarifies Continental Shelf Beyond Bouvet
The extent of the continental shelf beyond 200 nautical miles outside Bouvet Island has now been clarified with the Continental Shelf Commission (CSC) in New York.The…