Maritime Industry Top News
Shipbuilding: Meyer Turku Growth Continues
Meyer Turku Group reported a turnover of €969.7 million for 2018, up from €808.2 million the year prior. The Finnish shipbuilder, which recorded €29 million in profits for 2018, said its financial figures indicate a good, steady company growth.“We are on a good path to meet the goals we have set,” said Meyer Turku CEO, Jan Meyer. “We need to, however, double our production in the next four years to meet the demands in our order book.”In 2018 Meyer Turku delivered one ship…
Harvey Gulf Branches Out Internationally
Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel, Ghana and Nigeria.Harvey Gulf, which completed a financial restructuring and emerged from Chapter 11 Bankruptcy proceedings in 2018, said it will continue to look for merger opportunities as they present themselves.
Yara Marine's MARPOL Test Successful
Norway-based emissions control technology company Yara Marine Technologies announced the successful installation of an inline hybrid scrubber system for an undisclosed…
Rederij Doeksen Signs LNG Deal with Titan
Dutch ferry firm Rederij Doeksen has signed a liquefied natural gas (LNG) bunker supply agreement with Titan LNG, which supplies and transports LNG to marine markets.Both…
Furetank Orders Dual Fuel Product Tanker
Sweden's Furetank Rederi AB has signed a contract for one 17,999 dwt dual fuel product tanker at Avic Dingheng Shipbuilding.The agreement with the yard includes an option for one further vessel…
OOIL, JD, Cosco JV for Logistics
Gold Talent, Cosco Shipping Logistics and JD Logistics entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint…
Gulf Island Delivers Z-Tech Tugs
American manufacturer Gulf Island Shipyards has completed the second of 10 Z-Tech 30-80 tugs, five of which were ordered by Suderman & Young Towing Co.Once completed…
Swedish Bank to Finance Star Bulk
Swedish financial group Skandinaviska Enskilda Banken AB (SEB) is providing US$71.42m term facility to Star Bulk Carriers for the refinancing of two Newcastlemax-size bulk carriers.
Monjasa Boosts Bunker Volumes by 17%
Global bunker company Monjasa Group boosted sales volume in 2028 reaching 4.1 million metric tonnes of marine fuels, up 17% over its previous year figure of 3.5mt.Despite…
COSCO Calls on Port of Liverpool
China's COSCO Shipping has confirmed it will call at the port of Liverpool after a successful trial last October to offer its clients more efficient services between…
Port of Dover Prepared for Brexit: Drewry
Alternative capacity could be provided by short-sea container services between the UK and EU to alleviate possible congestion at the Port of Dover post-Brexit.The…
Maersk Vice CEO Steps Down After Energy Exit
Danish conglomerate A.P. Moller – Maersk informed that Claus V. Hemmingsen steps down as Vice CEO of the group. The company's energy division, which was headed by him…
More Newbuilds for American Cruise Lines
U.S. coastal and river cruise operator American Cruise Lines continues to accelerate its newbuild program across its diverse fleet, adding new ships to its new Modern Riverboat Series as well as its fleet of new coastal ships and Victorian-style paddlewheelers. American, which introduced a new ship in 2017 and two new ships in 2018, will put its latest new vessel into service this summer, with two more newbuilds coming in both 2020 and 2021.In August 2019…
Fincantieri Cuts First Steel for Windstar
Today at Fincantieri’s Arsenale Triestino San Marco shipyard, in Trieste, Italy, first steel was cut for the first of three new ships sections as part of Windstar Cruises’s $250 million vessel overhaul program.Windstar’s Star Plus Initiative is a complex and comprehensive small ship lengthening, engine replacement and renovation project that will see the owner renovate half of its fleet in succession.
Chinese Shipping Company Opts for Scrubbers
Alfa Laval announced Wednesday that it has received an order from an unnnamed Chinese shipping company to supply its PureSOx scrubber systems for exhaust gas cleaning for 31 vessels in its fleet.The PureSOx systems for 31 existing vessels, which are among the largest vessels in the world, represent orders booked in 2018 and deliveries extending from early 2019 through the end of the year, Alfa Laval said. Each scrubber will handle exhaust gas from one main engine and three auxiliary engines.
ABS: Tech, Safety Drive Shipping Leadership
ABS Chairman, President and CEO Christopher J. Wiernicki spoke about the important role of the U.S. continuing to shape the future of global maritime energy, safety and sustainability during a keynote address at the opening session of the CMA Shipping 2019 Conference.“The U.S. energy landscape has been and will continue to be shaped by a relentless focus on improving technology and safety. When we speak about shaping the future of maritime energy use…
FuelTrax 'Vision' for SPO
Swire has installed FuelTrax Vision, a new onboard surveillance system.Swire Pacific Offshore, a marine services conglomerate and a leading service provider to the…
NextDecade, Shell Seal Rio Grande LNG Deal
The liquefied natural gas arm of oil giant Shell has become the first customer at U.S. company NextDecade Corp 's proposed $15 billion Rio Grande LNG export terminal…
CMA CGM Bundles Multimodal Transport
The CMA CGM Group announced that its intra-European multimodal transport subsidiaries Containerships and MacAndrews have united under the single Containerships brand.Together…
Seaspan Rolls-out KVH VSAT Across Fleet
Manufacturer of mobile satellite communications KVH Industries informed that the container shipping giant Seaspan completed the implementation of KVH mini-VSAT…
