Latest News - page 1236


Wärtsilä REvolution system takes sealing technology to New Level

Jul 26, 2016

The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time, increasing the predictability and reliability of sealing solutions in rotating equipment…

MOL Makes Fleet-wide Migration to Fleet Xpress

Jul 26, 2016

Fleet Xpress will deliver data intelligence to drive smarter and greener shipping operations 26 July 2016: Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, has announced that its partner JSAT…

Bangladesh LNG Terminal Edges Closer

Jul 26, 2016

Excelerate Energy L.P. (“Excelerate”), Petrobangla, and the Government of Bangladesh executed the Terminal Use Agreement (“TUA”) and the Implementation Agreement (“IA”) for the construction and operation of Bangladesh’s first LNG import terminal – Moheshkhali Floating LNG…

Damen Fishery Research Vessel for Angola

Jul 26, 2016

The Damen Shipyards Group has received an order for a state-of-the-art, 74 m Fishery Research Vessel from the Angolan Ministry of Fisheries. This special vessel, which has Silent-A/F/R Class notation and features a basic design from Skipsteknisk…

Fuel Consumption, Emissions Monitoring Software Updated

Jul 26, 2016

As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS) installed on Blue Star Delos has been updated with new fuel oil consumption (FOC) and emissions monitoring software…

First LNG Vessel Transits Expanded Panama Canal

Jul 26, 2016

Today, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its expanded locks. Shell-chartered Maran Gas Apollonia—measuring 289 meters in length and 45 meters in beam—arrived Monday from the Sabine Pass LNG Terminal on the U…

Two SAAM Tugs Christened in Chile

Jul 26, 2016

In early June, after a traditional blessing ceremony held in Valparaiso, Chile where SAAM S.A. is based, the company officially puts two more new Robert Allan Ltd. designed RAstar 3200 class tugs Yunco and Huairavo tugs into operation.Representatives of local authorities…

Will UK Maritime Traffic Rise or Fall on Brexit?

Jul 26, 2016

UK container traffic will see more muted growth than expected a few months ago, at least in the short term, says Drewry. Patrick Walters, Peel Ports’ Group Commercial Director, believes that the bigger Brexit-related risk for UK container…

Will Container Lines Skip UK Ports on Brexit?

Jul 26, 2016

British importers and exporters prefer direct mainline container services calling at their national ports and tend to dislike feeder services, says a Drewry report. Is there a risk that a politically isolated UK will no longer benefit from direct vessel calls…

Samil PwC Okays Hyundai's Management Improvement Plan

Jul 26, 2016

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario…

CMA CGM Reopens Spain to Algeria Service

Jul 26, 2016

CMA CGM NAF Lines is re-opening  a regular service from Barcelona to Djen Djen on EURONAF service with immediate effect. First Departure: m/v VEGA OMICRON voy. 001OGS ETS Barcelona on July 15th, 2016, ETA Djen Djen on July 19th, 2016. CMA…

Piracy Drops to 21-year Low, IMB Reports

Jul 26, 2016

Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International Maritime Bureau (IMB). IMB’s…

Nigeria Becomes Piracy Kidnapping Hotspot, says IMB

Jul 26, 2016

Despite global improvements, kidnappings are on the rise, with 44 crew captured for ransom in 2016, 24 of them in Nigeria, up from 10 in the first half of 2015. “In the Gulf of Guinea, rather than oil tankers being hijacked for their cargo…

India Govt Subsidy for Ship Building Industry

Jul 26, 2016

Maritime Agenda 2010-20 has inter-alia set a target to increase percentage share of India to 5% in global ship building and 10% share in global ship repair for India by 2020. The Government of India had earlier extended shipbuilding subsidy scheme to all Indian shipyards on 25th October 2002…

Volvo Penta Names Brown Commercial Marine Sales Director

Jul 25, 2016

Dave Brown has joined Volvo Penta of the Americas as director of commercial marine sales. In this new position, Brown will provide strategic and administrative direction and leadership to support overall segment growth. His primary focus…

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