MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore signed an agreement with bound4blue to install four suction sails on the Crimson Kingdom, making it the first wind-assisted vessel owned by Marubeni. According to the preliminary studies…
During the Maritime Awards Gala in Rotterdam, the Netherlands, Kommer Damen was presented with a Lifetime Achievement Award, recognizing his achievements, methods and contribution to the Dutch maritime industry. Damen (78) is Chairman of the…
According to GMS, 'some unbelievably low and unrealistic offers' have started to emerge from sub-continent markets this week, and as such, both owners and cash buyers would be well advised to leave ship recycling destinations alone for the time-being…
Bayonne Dry Dock & Repair Corp., a full-service ship repair yard located in the Port Jersey area of New York/New Jersey harbor, is the newest participant in Green Marine – a voluntary environmental certification program for North America’s maritime industry…
While drama in the container shipping sector has calmed a bit, container carriers still wrestle with unexpected drops in demand. Peter Sand, Xeneta, discusses vessel capacity moves and their likely impact on rates, as well as the first containership…
SunStone Maritime Group A/S took delivery of two Infinity class ships -- Sylvia Earle and Ocean Odyssey -- from the CMHI Shipyard in Haimen, China. The pair are the fourth and the fifth of the Infinity class delivered from China Merchant Heavy Industries…
For many, the ocean is life. It provides transportation, work, commerce, food, recreation—tales as old as time and shared by people across the globe. These stories are lived day to day, passed down between generations, and shared with the public through various media…
HL D&I Halla (Halla) and Pearlson Shiplift Corp. (PSC) signed a new multimillion-dollar contract for the design and build of a Shiplift System in South Korea. Upon completion, the shiplift system will support the Korean Coast Guard in the West Sea of Korea…
While pundits have long proclaimed the U.S. maritime industry dying or dead, the recent delivery of Great Lakes laker Mark W. Barker suggests an innovative future instead.Jacksonville Shipyard was a well-known repair yard that was particularly…
Veer Corp. said the American Bureau of Shipping granted an Approval in Principle, seen as a key milestone on its mission to build its fleet of clean, wind-powered ocean-going container vessels. The naval architect team at Dykstra and the project management team at Brookes Bell lead the initiative…
Glosten and ABB have teamed to develop a methanol-hybrid ship assist tug design. The 'SA-100' is a 100-ft. ASD harbor tug—designed to measure under 100 grt—is propelled by two methanol compatible CAT 3512E gensets powering electrically driven L-drives…
Following the sale of Capesize bulkers for recycling last week, the trend has continued this week as well, with further transactions reportedly taking place on units – including Capes and a Suezmax tanker, as the market finally shows signs of life after an absolutely inert summer…
Ask the right government department in any G7 state and you’ll find funding to put battery power for your vessel. Beyond funds, new battery makers and system integrators are ironing out safety issues, and a growing number of giga-sized cell…
On July 31, the coal carrier Ushio, which NYK had ordered from Honda Heavy Industries Co., Ltd. was delivered at the Saiki Shipyard. A naming ceremony was attended by Masato Mizutani, executive officer, head of fuel operation management group of JERA Co…
Light Structures tapped to deliver custom fiber optic solution for stress and fatigue measurement with real-time decision supportLight Structures AS won the contract to provide a Hull Stress Monitoring System for two new hybrid-power, double…