Latest News - page 1805


Great Ships of 2014 Named

Dec 23, 2014

In the culmination of it 75th Anniversary year in 2014, Maritime Reporter & Engineering News is announced the 17 “Great Ships of 2014” in its December 2014 edition, available now at:http://digitalmagazines.marinelink.com/nwm/MaritimeReporter/201412/The…

Tier III Marine Power: Genset with SCR

Dec 23, 2014

Rolls-Royce brand MTU and Fairplay Towage are set to test an MTU diesel genset with SCR exhaust after treatment in a harbor tug in order to verify compliance with IMO Tier III emission requirements that come into force as of 2016. According to the manufacturer…

ThyssenKrupp Sells Emden Shipyard

Dec 23, 2014

ThyssenKrupp and Seafort Advisors GmbH have entered into an agreement on the sale of the Emder Werft und Dockbetriebe shipyard in Emden. ThyssenKrupp began looking into alternative strategic options for the company at the end of 2013 as part of the group's strategic way forward…

EPA, USCG Extend Agreement with Royal Caribbean

Dec 23, 2014

New technologies allow industry to comply with emission standards, reduce costs The U.S. Environmental Protection Agency (EPA) and U.S. Coast Guard (USCG) authorized formal exemptions by Royal Caribbean Cruise Lines that allow for the enlargement…

IMO: New ECA Sulfur Limits FAQ

Dec 23, 2014

Ships trading in designated emission control areas will have to use onboard fuel oil with a sulfur content of no more than 0.10% from January 1, 2015, against the limit of 1.00% in effect up until December 31, 2014.  To help provide further clarification on the new regulations…

New CMA CGM Agency in Albania

Dec 23, 2014

CMA CGM has opened CMA CGM Albania, a new group agency in Durres, to replace its former third-party agent with immediate effect.

Nicaragua Canal Developer HKND plans IPO

Dec 23, 2014

The Hong Kong-based company with a concession to build a $50 billion shipping canal in Nicaragua said on Tuesday it is preparing to launch an initial public offering. Wang Jing, Chairman and Chief Executive of the HK Nicaragua Canal Development Investment Co Ltd (HKND Group)…

Sparrows Set for European Growth

Dec 23, 2014

The Sparrows Group has made two key appointments to its senior management team as it looks to enhance its market share in the U.K. and grow its operations throughout the rest of Europe during 2015, the company said.The group has promoted Mark Beveridge to the role of European Operations Director…

Chesapeake Shipbuilding Expands Design Department

Dec 23, 2014

Chesapeake Shipbuilding of Salisbury, Md., is expanding its design department and is actively seeking two naval architects and one marine engineer to add to its design team. The design office provides engineering and technical support for the company’s newbuild program and fleet operations…

FMCS to Mediate West Coast Ports Negotiation

Dec 23, 2014

The U.S. Federal Mediation and Conciliation Service (FMCS) has received a request from representatives of the Pacific Maritime Association (PMA) to provide mediation services in the PMA’s continuing labor negotiations with the International…

PMA Requests FMCS Intervention in Labor Talks

Dec 23, 2014

FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):The U.S. Federal Mediation and Conciliation Service (FMCS) announced today that it has received…

BP & SOCAR Deal to Explore Shallow Water Absheron Peninsula

Dec 23, 2014

BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) today signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea…

Aker Employees Buy Shares for NOK 95 Mi

Dec 23, 2014

Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.The company for the sixth consecutive year held share purchase programs to encourage employee ownership. A total of 2,332 employees…

General Dynamics Bags USN Contract for MLP AFSB

Dec 23, 2014

The U.S. Navy has awarded General Dynamics NASSCO a $498 million contract for the detail design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). NASSCO is a wholly owned subsidiary of General Dynamics (NYSE: GD)…

ARENA Seeks Input for R&D

Dec 23, 2014

ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia.ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program…

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