Maritime Industry Top News
BTÓ¦ Orders Damen ASD Tug
Sweden-based BogserTeam Ó¦resund (BTÓ¦), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets. The ASD 2810 is currently being built on series at Damen Shipyards Galati in Romania. The completed vessel will be delivered to the client in June 2016, after which she will sail under her own keel to Sweden.
U.S. Ups Philippines Aid as South China Sea Turmoil Builds
The United States has raised its military aid to the Philippines this year to $79 million, the U.S. ambassador said on Wednesday, as tension rises in the region…
Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb
Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of…
Egypt to Complete East Port Said Side Channel in 2016
Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and allow ships direct entry into the port by the end of June 2016…
Greek Shipowners Fiercing Protect Tax Breaks
Shipping minister says current measurement method not effective. On the day he took office as Greece's shipping minister in June 2012, Kostis Moussouroulis received…
BWM Convention Doesn't Resolve U.S. Issues - ICS
ICS notes that the IMO Secretary General has announced that the Ballast Water Management Convention will enter into force worldwide from 24 November 2016, following…
Ship Conversion: Offshore Survey Vessel to Become a Flotel
Dutch shipowner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the Viking II, for use as a hotel vessel…
Terex Cranes for ICTSI
Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore cranes…
South Korean Orders for MacGregor's Pusnes Deck Machinery
MacGregor, part of Cargotec, has secured orders for a series of Pusnes deck machinery packages for various shipowners. The Pusnes equipment has been specified for…
First Cruise Ships Dock at Abu Dhabi’s New Stopover
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island…
Maritime Cook Islands Expands Network to India
Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr…
Hague Court Begins Hearing On South China Sea Issue
A United Nations arbitral tribunal in The Hague heard some of the Philippines’ territorial claims over the disputed Spratly Islands in the South China Sea on Tuesday.
UASC Sees Big Drop on Asian-Europe Route
Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container…
Nippon Foundation’s Sasakawa receives International Maritime Prize
Yohei Sasakawa, Chairman of the Nippon Foundation, has received the 2014 International Maritime Prize for his contribution to the work of the International Maritime…
Swan Energy to Invest $845 mln for FSRU Terminal
Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU).
Five P&O Cruise Ships Meet in Sydney
Sydney is the stage for the biggest get-together of a fleet of cruise ships ever seen in the harbor city. Five P&O cruise ships have created a V-formation at sea…
Alaska Buys TransCanada AK LNG Stake
The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.
When Conducting Investigations Consider 'Privileges'
Whether voluntarily or as required by the International Safety Management Code, the American Waterways Operators’ (AWO) Responsible Carrier Program, or some other rule or regulation, investigations of accidents and near-miss situations are routinely conducted by companies in the maritime industry. This is due to the widespread recognition that careful examination of the root causes of such incidents can help to prevent future occurrences.
Fincantieri Launches Nuclear Waste Vessel for Russia
Itarus, the new semisubmersible floating platform built to transport Russia’s nuclear materials, was launched at a ceremony on November 19 at Fincantieri’s shipyard in Muggiano, La Spezia. Built by Fincantieri for the Russian RosRAO, the Federal State Unitary Enterprise for radioactive waste management, the vessel will be used for the transportation of nuclear submarine reactor compartments decommissioned…
Ballast Water Management in the Field Put to the Test
Turner Designs, along with scientists from around the world participated in a research cruise aboard the RV Meteor, a vessel owned by the Federal Republic of Germany through the Ministry of Research and Technology (BMFT) and funded by the German Research Foundation (DFG). The goal of this cruise was focused on ballast water sampling techniques and protocols. Various instruments were used to test collected…