The Multipurpose sector faces a difficult couple of years, but its long-term prospects are good, according to Drewry Maritime Research’s latest Annual Multipurpose Shipping Market Review and Forecast report.Most owners of Multipurpose ships (MPVs) were fairly upbeat at the start of 2012 and…
SAL Heavy Lift has opened the doors of its new head office at Brooktorkai 20 in HafenCity, Hamburg.The premises sprawl over the 6th floor, and 116 employees are working there. SAL Heavy Lift, a member of the Japanese “K” Line Group, is one of the leading heavy lift shipping companies worldwide…
BSR conducted interviews with Clean Cargo shippers—companies buying transportation services—to find out how they use Clean Cargo emissions data, how they integrate this data into their business processes, and what benefits they receive from being part of the group…
Increased energy demand due to rapid economic development is driving many Asia Pacific countries to reduce their dependency on imported oil and gas by upping local offshore exploration and production (E&P) activities.Responding to this reality…
Rotortug said that Elisabeth Ltd. has placed a new building order with Damen Shipyards for the construction of two Hybrid Advanced Rotortugs, ART 80-32 of 80 tons bollard pull. imultaneously Elisabeth Ltd ordered two ART 80-32, with Fifi 1…
The shareholders of Hapag-Lloyd and Hamburg Süd have jointly concluded to discontinue talks temporarily.Hamburg Süd say they do not wish to comment publicly on the subject matter of the points under discussion. It does, however, expressly…
OceanWorks International announce the successful re-deployment of the VENUS coastal network in the Strait of Georgia after repairs.Placed in Canadian waters in the Strait of Georgia, VENUS is part of the Ocean Networks Canada Observatory,…
In a recent survey conducted by Wind Energy Update (WEU), five sub-areas of wind power plant installation were selected for cost reduction.The sub area selected by the senior executives with most potential for cost reduction was foundations…
China Shipping Development Company Limited reports 'Business Income' decreased 9.1% as against 2011 figures.Chairman of Board Li Shaode reviewed the achievements China Shipping Development made in the year 2012, and the following extracts…
Yamal LNG, a J/V between Russia’s Novatek and France’s Total, granted permission to build a liquefied natural gas plant in the Russian Arctic.The joint venture, majority-owned by Novatek with an 80 percent stake, received a positive assessment…
Twenty-two year-old crab boat's faithful Cummins diesel engines replaced with state-of-the-art version.Fans of the popular Discovery Channel series “The Deadliest Catch” thrill at the sight of the 113-foot, black-hulled Time Bandit’s bow rearing out of a cresting wave…
Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico.The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6…
Australian Maritime Safety Authority (AMSA) surveyors inspect Sea Shepherd Australia’s 'Sam Simon' and interview crew in Williamstown.AMSA's interest stems from reports of a number of alleged incidents in the Southern Ocean in February 2013…
Almost 200 senior figures from across the U.K.’s offshore wind industry recently debated the future of managing operational wind farm projects.Delegates assembled to hear what lessons can be learnt from pioneering wind farm operators off the East of England coast…
Fraser Surrey Docks (FSD) the multi-purpose marine terminal on the West Coast of North America, joined Green Marine.The Green Marine Environmental Program is an action plan that addresses nine major environmental issues identified by the Canadian and American marine industry…