Maritime Industry Top News
Largest FPT Lock Gates Installed in the Netherlands
New fiber reinforced polymer lock gates, reportedly the world’s largest, were installed in the new Lock III in the Wilhelmina canal in Tilburg, the Netherlands on January 9. On behalf of Rijkswaterstaat (Dutch Directorate-General for Public Works and Water Management), Royal HaskoningDHV has deployed its expertise in the field of fiber reinforced polymers for the design principles, the design review and quality control.
BMT Secures US Navy Environmental Contract
Press release - BMT Designers & Planners, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has been awarded a United States Navy Environmental Quality Programs Support contract at a value of $43 million over five years. BMT will expand its environmental, engineering and logistics services practice to support the program and other similar client requirements.
Oil Off to a Turbulent Start in 2016 -DW
Oil prices have been extremely volatile since the first trading day of 2016 and hit 12-year lows last week with Brent dropping below $33 a barrel for the first time since 2005.
Shanghai Port Profit Falls; First Drop in Four Years
Shanghai International Port Group Co Ltd, the operator of the world's busiest container port, posted a 4 percent fall in its 2015 preliminary net profit, marking…
Arch Coal files for bankruptcy
Arch Coal Inc, the second-largest coal miner in the United States, and its domestic subsidiaries filed for Chapter 11 bankruptcy to facilitate a restructuring with…
Maher Named Ship Repair GM at ASRY
ASRY appointed Charles Maher as the new General Manager (GM) of the Ship Repair division, effective January 4, 2016. Maher brings more than 15 years worth of corporate and hands-on technical shipyard experience at Dormac Marine & Engineering, Grand Bahamas Shipyard, and Southern African Shipyards. He will lead the newly restructured Ship Repair division of ASRY. Maher’s appointment will overlap with the outgoing Ship Repair GM…
India Court Jails 25 from 'Seaman Guard Ohio'
An Indian court on Monday sentenced crew members of a private American ship, including 25 foreigners, to five years in prison for illegal possession of arms in Indian…
Russian Class for New FSRU
A Floating Storage Regasification Unit (FSRU) will be built to the class of Russian Maritime Register of Shipping (RS). The agreement on classification of FSRU under construction has been signed between RS and Hyundai Heavy Industries, the Republic of Korea. According to Georgy Bedrik, Head of the RS Planning and Marketing Division, one of the key features distinguishing the FSRU from other gas carriers built to the RS class involves the LNG regasification system…
First LNG-fuelled Bulker as per DNV GL New Rule Set
ESL Shipping’s new dual-fuelled bulk carriers will not only be the first large LNG-fuelled bulkers, but the first vessels constructed to the new DNV GL rule set, the classification society announced.
BBC Chartering Opens Office in London
BBC Chartering announces the opening of a new representative office in London, United Kingdom, starting immediately. “We continue to strengthen our position at important shipping hubs for breakbulk…
LOC Launches Global H&M Service
Leading international marine and engineering consultancy LOC has launched a new Hull and Machinery (H&M) service. The service will be offered group-wide, with specialist…
Krishnapatnam Port Led Consortium to set Up LNG Terminal
Krishnapatnam Port Company inks agreement with Government of Andhra Pradesh and Petrogas Pvt. Ltd. Krishnapatnam, India’s largest; all weather, deep water port on…
BCT Upgrades Intermodal Facility
Baltic Container Terminal (BCT) in Gdynia, Poland recently completed its railway terminal modernization project last December. Part of BCT’s largest investment program…
Jim Miller Nominated Chairman of Philly Shipyard
Philly Shipyard ASA (Oslo: PHLY) announced that Jim Miller has been nominated to be Chairman of the Board of Directors of Philly Shipyard. Mr. Miller previously held this role from 2011 until 2014.
Warro-5 flows Gas Testing to Start
Transerv Energy informed that fracture stimulation work has been successfully concluded at the Warro-5 well in WA’s Mid-West. The Warro-5 and Warro-6 wells are now…
Vard Brazil Shipyard Makes First Delivery
Vard Holdings Limited, a global designer and builder of offshore and specialized vessels, has delivered its first vessel from the group’s newest shipyard, Vard Promar in Brazil, on January 8, 2016.
CMA CGM Keeps Buying NOL Shares
French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its…
CMA CGM Upgrades FAL 1 Service, New Direct EB Call at Shanghai
CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe.
Piracy Surges in South East Asia
The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co.
Oceans Beyond Piracy Lists 3 Priority Areas
Oceans Beyond Piracy (OBP) remains committed to three priority areas that will guide our efforts in the coming year, says a press release from the company. First…
