Maritime Industry Top News
SeaSafe Marine Wins Höegh Contract
SeaSafe Marine has signed a sole service supplier agreement with Höegh-Wallem Ship Management Inc. to provide services and spares for the lifeboat systems on their fleet’s 38 vessels.
Genco Shipping & Trading Announces Fleet Renewal Program
International seaborne drybulk transportation services Genco Shipping & Trading plans to undergo a fleet optimization and renewal plan aimed at modernizing its fleet.
MOL Unveils Restructuring
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part of an organizational restructuring, effective April 1, 2018. MOL…
Hyundai Merchant Marine Starts Independent Asia-North Europe Service
South Korea's Hyundai Merchant Marine (HMM) announced that it launches new Asia-North Europe Express (AEX) service in April. HMM opens a new Asia-North Europe loop…
Golar LNG Partners Updates on Acquisitions
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains…
Team Tankers Buys Two Tanker Carriers
Team Tankers International announced that it has entered into share purchase agreements to acquire all outstanding shares in each of Laurin Shipping and Anglo-Atlantic Steamship Company.
Silver Lining for VLGC Shipowners: Drewry
A slowdown in fleet growth should begin the recovery cycle from the second half of 2018, although freight rates will not reach the levels seen during the bull run of 2014-15…
BUG-O Names Director, Sales and Marketing
Scott Thayer has joined BUG-O Products as Director of Sales and Marketing on February 26, 2018. Scott brings with him nearly 30 years of experience in the welding…
Hendry Marine Adds New Drydock
Hendry Marine Industries, Inc. (HMI) (along with its affiliated companies Gulf Marine Repair Corporation, Universal Environmental Solutions, LLC, and Anchor Sandblasting and Coatings, LLC) offers a broad range of maritime services in Port Tampa Bay, including commercial and government ship repair, steel fabrication, gas-freeing, tank cleaning, slop services, lead and asbestos abatement, brokered waste and blasting and coating.
Tech File: Fuel Monitoring Matters
Whether you choose distillates, liquefied natural gas (LNG) or scrubbers to meet the new International Maritime Organization (IMO) fuel regulations in 2020, it will be ever more critical to regularly monitor the condition of vital equipment to ensure there is no adverse affect on operational efficiency. Industry opinion ahead of the implementation of the 2020 global sulphur cap remains fragmented to say the least.
Demanding Times for DSC Dredge
The dynamic dredge builder navigates a complicated dredge building market by augmenting an impressive array of standard equipment with a customized approach that…
OSVDPA Announces MSC Approval of OSVDPA Credentials
U.S. Navy’s Sealift Body Accepting OSVDPA DPO Certificates. The Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA) announced the U.S. Navy’s Military…
SKY Perfect JSAT to Invest $4.5 Mln in KVH
KVH Industries, Inc., announced today that its longtime satellite capacity partner SKY Perfect JSAT Corporation (SJC) has agreed to invest $4.5 million in KVH as part of the two companies’ ongoing commitment to deliver next-generation maritime broadband services. KVH and SJC intend to collaborate on value-added services in the area of shipping digitalization and improved broadband access at sea. SJC…
Baltic Index Edges Up to One-month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crept higher on Wednesday to hit a one-month high, supported by stronger demand for smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 4 points, or 0.34 percent, at 1,192 points, a peak since Jan. 29. It gained about 3.5 percent in February and notched the first gain in three months.
Sotzing Joins Sea Machines as Engineering Director
Boston-based developer of autonomous vessel technology Sea Machines Robotics has hired Chris Sotzing as director of engineering. Sotzing will be responsible for the development and deployment of the company’s Sea Machines 300 technology system, as well as managing the engineering team. He reports to COO Jim Daly from the Boston office. Sotzing joins Sea Machines from SeeByte, where he served as an engineering manager supporting unmanned vehicle technologies in Boston.
#BTC100 History
In 1951, under the leadership of Capt. Fred’s son, Morton S. Bouchard Sr., (A.K.A. “Buster” Bouchard), the company builds three 20,000 barrel oil barges and three accompanying tugboats, which ran the New York State Barge Canal. The construction of these vessels would then, in the years that followed, lead to Buster’s position as a prominent figure within the oil transportation industry. The July 2018…
Bureau Veritas Launches Worldwide E-certification
Bureau Veritas said it is now issuing both classification and statutory e-certificates after having successfully piloted the program with ship owners and flag states. Bureau Veritas digital certificates may now be issued on behalf of 52 flag states, representing 72 percent of the Bureau Veritas classed fleet. “With a significant number of flag states providing their support to this project we now expect to see the rapid development of e-certification.
MC-Class Vessels Incorporated in BigLift Fleet
This week, BigLift Shipping’s BigLift Baffin arrived in Singapore to deliver a crane boom and luffing frame for Heerema Marine Contractor’s new flag ship Sleipnir from the Huisman wharf in Xiamen…
Team Tankers Announces $206 Mln Acquisitions
206 MILLION Acquisition of Laurin Shipping AB, Anglo-Atlantic Steampship and related entities announced. Upon completion of tranactions, Team Tankers' fleet will grow to 52 from 37 vessels.
LNG Carrier Seri Camar Delivered to MISC
MISC Group has taken delivery of the 150,200 CBM liquefied natural gas (LNG) carrier Seri Camar, the fourth in a series of five newbuild MOSS-Type Seri C Class vessels built by Hyundai Heavy Industries (HHI). Owned by MISC, the Malaysian-flagged Seri Camar joins sister vessels Seri Cenderawasih, Seri Camellia and Seri Cempaka on long-term charter to PETRONAS. The delivery brings the current number of MISC’s LNG fleet to 28 vessels.
