On Friday January 31, 2020 Stena Line closed the Varberg-Grenaa route. The day after, on Saturday, February 1st Stena Line’s new ferry route between Halmstad in Sweden and Grenaa in Denmark was officially opened. The inauguration started early…
The Vietnam National Shipping Lines Corporation (Vinalines) has set sights on joining the global shipping alliances (GSA).As part of this move, Vinalines will devise a number of measures to further promote growth of its three key sectors of seaport…
Swedish multinational power company Vattenfall said that it had reached a number of important milestones during the year 2019. In Denmark the Horns Rev 3 (407 MW) wind farm was inaugurated, and construction was started on Kriegers Flak (605 MW)…
Few sea and ocean-related research projects today do not involve some form of underwater robotic or marine autonomous system. Elaine Maslin reports on how they’re being used by the Scottish Association of Marine Science.Whether it’s large autonomous underwater vehicles (AUVs)…
DeepOcean, a global subsea services company, is set to move its UK headquarters to a new base in Darlington.The company specializes in engineering and marine works solutions for large subsea cable projects associated with offshore wind farms…
After having reached financial close for offshore wind farms at Akita Port and Noshiro Port in Japan, Akita Offshore Wind Corporation (AOW) has announced that it is to commence construction this month.The Offshore Wind Farms are comprised of…
Dutch multinational company Royal Vopak has recently completed the previously announced divestment of its oil terminal in Algeciras to First State Investments.This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg…
Carnival bought their first cruise ship Mardi Gras in the 1970’s, nearly 50 years ago, and registered her under the Panama flag, now the new Mardi Gras will keep the tradition of flying the Panama flag.In a ceremony at the Meyer Turku shipyard…
PPA S.A. has announced that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of $113 million plus VAT, initially budgeted $180 million…
CEDA and IADC has launched a new course for professionals involved in dredging-related activities for water infrastructure development. The Dredging for Sustainable Infrastructure Course will be held on June 23-24, 2020 in Hotel Van der Valk Den Haag in Nootdorp…
New York-headquartered product tanker company International Seaways has closed on senior secured credit facilities worth a total of USD 390 million.The crude oil and petroleum product tanker company said that the facilities consists of a 5-year USD 300 million senior secured term loan facility…
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…
Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The Nordic energy company said in a press release that the supply will commence…
Royal Vopak completed the earlier announced divestment of its oil terminal in Algeciras to First State Investments. This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg and Algeciras) to First State Investments as previously announced…
U.S. Transportation Secretary Elaine L. Chao has announced the U.S. Merchant Marine Academy’s (USMMA) new 16 member Board of Visitors will convene for the first time at Kings Point on Monday, February 3 at 9:00 a.m. (click here for additional information)…