Maritime Industry Top News
Hurtigruten to Refurb Expedition Ship
After the most extensive upgrade in Hurtigruten’s 125 years of history, MS Finnmarken will reemerge as a brand new premium expedition cruise ship.From 2021 the fully refurbished MS Finnmarken will explore handpicked destinations along the rugged Norwegian coastline on year-round expedition cruises.Already from 2020, guests travelling on Hurtigruten’s Original Coastal Voyage along the Norwegian coastline…
Solomon Islands Oil Spill: More Help on the Way
Australia is sending more help to the Pacific nation of the Solomon Islands to stop oil from a grounded cargo ship destroying a World Heritage-listed marine sanctuary, Australia's foreign minister said on Sunday.At least 75 tonnes of heavy fuel oil has spilled from Hong Kong-flagged bulk carrier Solomon Trader since Cyclone Oma drove it onto a reef at Rennell Island on Feb. 5.The ship was carrying…
NAO Logs a Big Loss
Nordic American Offshore Ltd (NYSE: NAO) reported for the three months ended December 31, 2018, the company's net loss was $169.3 million, or $26.23 per basic and diluted loss per share…
Phillipines Looks to Attract Shipbuilding
The Philippines maritime regulator Maritime Industry Authority (Marina) said it wants to attract private organizations to continue engaging in shipbuilding and repair…
CMA CGM Begins $1.2B Cost-Cutting Program
Container shipping goliath CMA CGM announced the implementation of a global plan for 2019 to improve its operational performance with a cost savings objective of…
Kawasaki Heavy to Build Ship in China
Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China, as the company streamlines…
US Shale Firms Cut CapEx, Up Production
U.S. shale energy companies are cutting their spending levels in 2019, but they're still planning on increased oil and gas output."US shale companies expect to deliver…
DEME Offshore, SABCA Sign Drone Pact
Two Belgian companies - Aerospace industry supplier SABCA and DEME Offshore - have formed a partnership to use drones for inspection services in the offshore wind energy industry.SABCA…
Subsea 7 Buys-back Shares
With the market looks upbeat, Luxembourg-based subsea services vessel owner Subsea 7 announced a share buy-back programme."Reflecting Subsea 7’s strong financial…
Höegh Transports Heaviest Breakbulk Unit
Norway-quartered international shipping company Höegh Autoliners has broken a record for transporting the heaviest breakbulk unit shipped by a RoRo (Roll On/Roll…
Ulstein Bags Order for 12 Vessels
Norwegian ship designer Ulstein Design & Solutions announced that it has received totally six firm ship contracts, and options for further six vessels."With 12 contracts…
Perini Navi Launches New 25m Eco Tender
Italian shipyard Perini Navi said its first motor yacht launch since the company’s rebranding, and its first ever planing motoryacht, the Eco-tender is effectively…
Amels Launches New 180 Yacht
Dutch yard Amels has launched the 23rd model in its Amels 180 Limited Editions range, which has been named Papa.The 55-metre Amels 180 superyacht was the first of…
CSL Builds Marine Ambulance Boats
The largest shipbuilding and maintenance facility in India, Cochin Shipyard Limited (CSL) announced steel cutting ceremony of three marine ambulance boats for the Department of Fisheries…
OXE Video Draws 200K Views
Laborde Products, the Gulf Coast and central U.S. engine distributor behind OXE - the world’s first high power diesel outboard, recently attended the Miami International Boat Show, where the diesel out-board created quite the buzz.The show buzz shortly went viral after the YouTube, rib, and yacht tender restoration aficionado, Al-fred Montaner, took a demo ride with the Laborde Products crew.Boarding a BRIG 730 with drone and camera in hand…
IMO 2020 to Cost USD10bln
The new 0.5% sulfur cap on fuel content for the global maritime industry means the container-shipping industry will need to offset up to $10 billion in incremental costs, starting Jan.
Spanish Port Hosts First LNG Operations
The port of Ferrol hosted its first liquefied natural gas (LNG) bunkering operation recently which saw two ferries filled with LNG by Repsol in the port’s Mugardos…
LNG Meets IMO Goals: SEA\LNG
The consortium promoting the commercial case for liquefied natural gas (LNG), SEA\LNG, believes LNG is a viable pathway to meet the International Maritime Organisation…
Oshima Shipbuilding Bags NYK Vessel Order
The shipping and logistics company NYK (Nippon Yusen Kabushiki Kaisha) has concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip…
Hapag-Lloyd: 50th Year of Transportation of Dangerous Goods
Hapag-Lloyd, the world's largest shipping company, marks 50th anniversary of dangerous goods department.According to a press release from the transnational German-based transportation company…
