Maritime Industry Top News
Genco Shipping Completes Acquisitions of Six Vessels
U.S. headquartered drybulk shipowner Genco Shipping & Trading said that it has completed the acquisition of a total of six high specification, fuel efficient Capesize…
Diana Shipping Sells Panamax Dry Bulk Vessel Triton
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoU) to sell to an unaffiliated third party,…
Safe Bulkers Improves Bottomline
Monaco-based Safe Bulkers said that its net revenues for the three months months period ended September 30, 2018 increased by 34% to $50.1 million from $37.3 million…
Eamonn O'Reilly Re-elected as Chairman of ESPO
Eamonn O’Reilly was unanimously re-elected as Chairman following a vote of European Sea Ports Organisation (ESPO)'s General Assembly in Brussels. E. O’Reilly has…
N2Tankers Aframax Tanker Pool Launched
Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture.N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. It will focus on generating commercial and technical management efficiency…
Australian Navy Orders Bridge Simulators
Kongsberg Digital has been selected to deliver and support a suite of sophisticated K-Sim Navigation ready ship’s bridge simulators for the Royal Austalian Navy. The contract will enable the Royal Australian to significantly increase its training capacity and reduce costs associated with qualifying bridge watch keepers and other staff before going to sea.The simulators will be delivered for installation in a new training facility at HMAS Stirling in Perth starting May 2019…
Orion Bags $10 Mln Dredging Contract
Specialty construction company Orion Group Holdings, Inc. said it has been awarded an approximately $10 million dredging contractThe deal was awarded to company’s marine segment from the U.S.
Damen Lays Keel for New CEMEX Dredger
Damen Shipyards Group recently held a keel-laying ceremony for the CEMEX Go Innovation at Damen Shipyards Mangalia in Romania. The vessel is the first Damen MAD – the next generation of marine aggregate dredgers. The construction of the new vessel is drawing upon collaboration with multiple companies within the Damen Group, as well was with external partners, working together towards the development…
New Research Vessel Ordered for Belgium
Spanish shipbuilder Freire is constructing a new oceanographic research vessel for Belgium. The IMO polar code compliant vessel will be designed to carry out research and survey tasks in the North Sea and its adjacent sea areas, but also in the Mediterranean and more northern areas.The research vessel will cater for the requirements of the Belgian marine scientific community when performing advanced marine research and education at sea – today and in the coming years.
Bahri Targets Acquisitions in Asia, Middle East
Saudi Arabia's Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.Bahri is the world's largest owner and operator of very large crude carriers (VLCCs). Saudi sovereign wealth fund the Public Investment Fund (PIF) owns 22 percent of the company and Aramco has a 20…
New Indoor Paint and Robotic Barge Blasting Facility
LA based C&C Marine and Repair has announced the opening of their new indoor, climate controlled, Paint and Blast Facility. The 83,350 square foot facility can accommodate barges up to 320’x75’x20’ and will be able to blast and paint a standard 30,000 Barrel Tank Barge or two 10,000 Barrel Tank Barges in 7-10 days. The fully enclosed, climate-controlled facility is unaffected by inclement weather and allows for uninterrupted operation year round.
Saras Invests in New Bunkering Terminal
Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International Maritime Organization (IMO) will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, in one of the biggest changes…
Huntington Ingalls Gets Columbia-class Sub Award
Huntington Ingalls Industries announced that its Newport News Shipbuilding division has been awarded a $197 million modification to a previously awarded contract…
Eco Marine Power, ClassNK to Collaborate
In another significant move towards commercial release of the EnergySail, Eco Marine Power (EMP) announced that it has begun collaboration with ClassNK (Nippon Kaiji…
New Zealand's Napier Port to Build Additional Wharf
Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator…
TOP Ships Signs New TC with BP
Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical…
Höegh LNG's Höegh Esperanza FSRU Arrives at Tianjing, China
Höegh Esperanza, the Floating Storage Regasification Unit (FSRU) unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and…
Ardmore Shipping Adds SEDNA Platform
Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks…
Port of Rotterdam Strict on 'Polluter Pays' Principle
The Port of Rotterdam has emphasized the reinforcement of the polluter pays principle in the run-up to trilogue negotiations on the Port Reception Facilities Directive.Last month…
N2Tankers Aframax Pool Launched
German shipowner Reederei Nord and Singapore-based ship manager Synergy Group, on behalf of Nissen Kaiun, have launched N2Tankers, a new Aframax tanker pool the…
