Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel makes serious inroads into the marine bunker market. The global shipping sector…
With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean. For over two decades, the company has operated two offices in Norfolk…
With its latest succession of contracts won, ballast water treatment (BWT) specialist Optimarin reports it has now sold more than 400 of its environmentally friendly UV-based systems. Optimarin said 2016 has been a boom year for a company…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has extended its physical supply services to provide additional options for ship owners in the port of Esbjerg in Denmark.KPI Bridge…
Zephyr Maritime has been launched as a new executive search firm focusing solely on mid to senior level shore based appointments within the maritime industry.Behind the initiative is founder Alexander G. Tsavliris, who with four generations…
Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI…
NTNU spin-off company Eelume collaborates with Kongsberg Maritime and Statoil to develop swimming robots for subsea inspection and light intervention.Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company…
In their “Best route market study for containerised imports to South Germany”, published at the beginning of March, the Drewry Group’s supply-chain consultants investigated via which ports containers imported from Shanghai can be transported fastest and cheapest to southern Germany…
European Marine Engineering Award 2016 for Azipod D recognizes innovation and originality in auxiliary machineryPower and automation technology group ABB has won a European Marine Engineering Award, acknowledging the innovation behind the new Azipod D electric propulsion solution…
Leading international classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation. WindFloat is designed by Principle Power and consists of a ballasted floating platform…
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the second Littoral Mission Vessel (LMV), Sovereignty, designed and built for the Republic of Singapore Navy (RSN)…
The National Transportation Safety Board is set to resume its search April 18, 2016, for the vessel data recorder of the sunken El Faro cargo ship. The U.S. flagged El Faro sank during Hurricane Joaquin on Oct. 1, 2015. All 33 of the El Faro’s crew perished in the accident…
As the Korea government is pushing for restructuring of the faltering shipbuilding industry, speculation grows over a possible merger between the country’s two major shipbuilders — Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering…
India will soon get its second maritime university, Gujarat Maritime University (GMB), which will primarily be focusing on the commercial maritime courses. According to sources, the first course likely to be rolled out in 2018. The government…
Qatargas, United Arab Shipping Company (UASC) and Shell signed a Memorandum of Understanding (MoU) to explore the development of LNG as a marine fuel in the Middle East region. This is the second such agreement signed by Qatargas and Shell…